Digital Realty Trust, Inc. (DLR) Price Target Analysis
Updated Jun 18, 2026
Analyst Rating: Buy
Based on 48 analysts11.0% Below Target
DLR trades 11.0% below Wall Street's consensus target of $208.92.
Current Price$188.15
Average Target$208.92
Target
Current
Low$180.00
Median$210.50
High$235.00
Analyst Target Range
Forward P/E91.3x
(High Premium)
PEG Ratio3.14
(Expensive)
Implied Growth-44.6%
(Declining)
Analyst Spread26.3%
(High Agreement)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes DLR achieves its forward estimates and maintains a stable P/E multiple of 91.3x. This scenario reflects the blended consensus of 48 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
DLR Price Target Analysis
Updated June 21, 2026As of June 21, 2026, Digital Realty Trust, Inc. (DLR) has a Wall Street consensus price target of $208.92, based on estimates from 48 covering analysts. With the stock currently trading at $188.15, this represents a potential upside of +11.0%. The company has a market capitalization of $64.65B.
Analyst price targets range from a low of $180.00 to a high of $235.00, representing a 26% spread in expectations. The median target of $210.50 aligns closely with the consensus average.
The current analyst consensus rating is Buy, with 29 analysts rating the stock as a Buy or Strong Buy,18 rating it Hold, and 1 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, DLR trades at a trailing P/E of 52.6x and forward P/E of 91.3x. The forward PEG ratio of 3.14 reflects a premium valuation. Analysts expect EPS to grow -44.6% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $173.03, with bear and bull scenarios of $109.01 and $227.98 respectively. Model confidence stands at 65/100, reflecting moderate uncertainty in projections.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Real Estate stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside
+18.1%
Industry Consensus
Avg Forward P/E
35.0x
(Growth Premium)
Peers with Coverage
10 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 EQIXEquinix, Inc. | $107.7B | $1092.19 | $1136.87 | +4.1% | Buy | 63.6x | 52 |
 IRMIron Mountain Incorporated | $38.0B | $127.83 | $132.33 | +3.5% | Buy | 53.9x | 20 |
 AMTAmerican Tower Corporation | $82.0B | $176.05 | $211.00 | +19.9% | Buy | 26.8x | 50 |
 CCICrown Castle Inc. | $35.8B | $82.05 | $99.67 | +21.5% | Hold | 39.2x | 46 |
 SBACSBA Communications Corporation | $19.8B | $186.87 | $240.00 | +28.4% | Buy | 25.2x | 42 |
 UNITUniti Group Inc. | $2.8B | $11.64 | $11.00 | -5.5% | Hold | — | 13 |
 NVDANVIDIA Corporation | $5.1T | $210.69 | $316.79 | +50.4% | Buy | 23.6x | 79 |
 CSCOCisco Systems, Inc. | $471.2B | $119.54 | $123.30 | +3.1% | Buy | 28.0x | 73 |
 DELLDell Technologies Inc. | $272.3B | $410.00 | $449.54 | +9.6% | Buy | 41.1x | 45 |
 HPEHewlett Packard Enterprise Company | $62.8B | $47.41 | $69.27 | +46.1% | Hold | 13.9x | 39 |
DLR — Frequently Asked Questions
Quick answers to the most common questions about buying DLR stock.
What is the DLR stock price target for 2026?
Digital Realty Trust, Inc. (DLR) has a consensus 12-month price target of $208.92, implying 11.0% upside from $188.15. The 48 analysts covering DLR see moderate appreciation potential.
Is DLR a buy, sell, or hold?
DLR has a consensus rating of "Buy" based on 48 Wall Street analysts. The rating breakdown is predominantly bullish, with 29 Buy/Strong Buy ratings. The consensus 12-month price target of $208.92 implies 11.0% upside from current levels.
Is DLR stock overvalued or undervalued?
At a forward P/E of 91.2685x, DLR trades at a premium valuation. The consensus price target of $208.92 (11.0% upside) suggests analysts still see growth justifying the multiple.
How high can DLR stock go?
The most bullish Wall Street analyst has a price target of $235 for DLR, while the most conservative target is $180. The consensus of $208.92 represents the median expectation. Our quantitative valuation model projects a bull case target of $228 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover DLR stock?
DLR is heavily covered by Wall Street, with 48 analysts providing price targets and ratings. Of these, 1 have Strong Buy ratings, 28 have Buy ratings, 18 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the DLR stock forecast?
The 12-month DLR stock forecast based on 48 Wall Street analysts shows a consensus price target of $208.92, with estimates ranging from $180 (bear case) to $235 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $173, with bear/bull scenarios of $109/$228.
What is DLR's fair value based on fundamentals?
Our quantitative valuation model calculates DLR's fair value at $173 (base case), with a bear case of $109 and bull case of $228. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 65/100.
What is DLR's forward P/E ratio?
DLR trades at a forward P/E ratio of 91.3x based on next-twelve-months earnings estimates compared to a trailing P/E of 52.6x. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy DLR stock?
Wall Street analysts are optimistic on DLR, with a "Buy" consensus rating and $208.92 price target (11.0% upside). 29 of 48 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do DLR price targets vary so much?
DLR analyst price targets range from $180 to $235, a 26% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $208.92 consensus represents the middle ground. Our model's $109-$228 range provides an independent fundamental perspective.
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