- Digital Realty (DLR, Financial) surpasses Q1 earnings expectations, boosting investor confidence.
- Analyst price targets suggest a significant potential upside for the stock.
- GF Value indicates a possible downside, urging cautious optimism among investors.
Digital Realty (DLR) has delivered a strong performance in the first quarter, exceeding Wall Street's expectations. The data center REIT's core funds from operations (FFO) per share hit $1.77, outstripping consensus forecasts. Even though revenue dipped slightly, the stock saw a 1.1% increase in after-hours trading, reflecting growing investor confidence.
Wall Street Analysts Forecast
According to projections from 21 analysts, the average price target for Digital Realty Trust Inc (DLR, Financial) stands at $184.14, with estimates ranging from a high of $220.00 to a low of $129.00. This average target suggests a substantial potential upside of 19.77% from the current price of $153.75. For more detailed estimates, please visit the Digital Realty Trust Inc (DLR) Forecast page.
The consensus recommendation from 25 brokerage firms places Digital Realty Trust Inc (DLR, Financial) at an average score of 2.1, indicative of an "Outperform" status. The recommendation scale spans from 1, representing a Strong Buy, to 5, indicating a Sell.
Despite the optimistic price targets, the GF Value for Digital Realty Trust Inc (DLR, Financial) is forecasted at $142.44, pointing towards a potential downside of 7.36% from the current trading price of $153.75. GF Value represents GuruFocus' fair value estimate, derived from historical trading multiples and projected business growth, alongside future business performance. For further information, explore the Digital Realty Trust Inc (DLR) Summary page.
