Digital Realty Trust, Inc. (DLR) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$196.69
Price Target
$209.00
Target Range
$180.00 — $235.00
Analyst Rating
Buy
Forward P/E97.2x
Trailing P/E54.9x
Forward PEG3.35
Implied Growth-45.7%
Median Target$211.00
Analyst Spread26.3%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$180
-8.5%
Consensus
$209
+6.3%
Bull Case
$235
+19.5%
Valuation Model TargetsConfidence: 67/100
Bear$124
Base$182
Bull$480
DLR Price Target Analysis
Updated May 6, 2026As of May 6, 2026, Digital Realty Trust, Inc. (DLR) has a Wall Street consensus price target of $209.00, based on estimates from 48 covering analysts. With the stock currently trading at $196.69, this represents a potential upside of +6.3%. The company has a market capitalization of $67.59B.
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 $211.00 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 54.9x and forward P/E of 97.2x. The forward PEG ratio of 3.35 reflects a premium valuation. Analysts expect EPS to grow -45.7% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $181.75, with bear and bull scenarios of $123.90 and $480.46 respectively. Model confidence stands at 67/100, 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+6.3%
Avg Forward P/E33.6x
Peers with Coverage10 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 EQIXEquinix, Inc. | $106.4B | $1078.46 | $1117.40 | +3.6% | Buy | 63.7x | 51 |
 IRMIron Mountain Incorporated | $39.2B | $131.70 | $132.33 | +0.5% | Buy | 58.4x | 20 |
 AMTAmerican Tower Corporation | $83.0B | $178.12 | $216.33 | +21.5% | Buy | 27.2x | 49 |
 CCICrown Castle Inc. | $38.9B | $89.10 | $105.40 | +18.3% | Buy | 43.0x | 46 |
 SBACSBA Communications Corporation | $23.1B | $217.38 | $230.14 | +5.9% | Buy | 29.2x | 42 |
 UNITUniti Group Inc. | $2.7B | $11.50 | $11.00 | -4.3% | Hold | — | 13 |
 NVDANVIDIA Corporation | $4.8T | $196.50 | $278.83 | +41.9% | Buy | 23.7x | 79 |
 CSCOCisco Systems, Inc. | $373.4B | $94.30 | $96.50 | +2.3% | Buy | 22.7x | 73 |
 DELLDell Technologies Inc. | $72.3B | $216.39 | $168.50 | -22.1% | Buy | 21.7x | 43 |
 HPEHewlett Packard Enterprise Company | $39.9B | $30.04 | $28.71 | -4.4% | Hold | 12.5x | 37 |
Upside Potential Comparison
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Start ComparisonDLR — Frequently Asked Questions
Quick answers to the most common questions about buying DLR stock.
What is the DLR stock price target for 2026?
The consensus price target for DLR is $209, close to the current price of $196.69 (6.3% implied move). Based on 48 analyst estimates, the stock appears fairly valued near current levels.
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 $209 implies 6.3% upside from current levels.
Is DLR stock overvalued or undervalued?
At a forward P/E of 97.2365x, DLR trades at a premium valuation. The consensus price target of $209 (6.3% upside) suggests analysts may view current valuations as stretched.
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 $209 represents the median expectation. Our quantitative valuation model projects a bull case target of $480 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 $209, 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 $182, with bear/bull scenarios of $124/$480.
What is DLR's fair value based on fundamentals?
Our quantitative valuation model calculates DLR's fair value at $182 (base case), with a bear case of $124 and bull case of $480. 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 67/100.
What is DLR's forward P/E ratio?
DLR trades at a forward P/E ratio of 97.2x based on next-twelve-months earnings estimates compared to a trailing P/E of 54.9x. 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?
DLR appears fairly valued according to analysts, with a "Buy" rating and minimal upside to the $209 target. Consider your investment thesis and risk tolerance. 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 $209 consensus represents the middle ground. Our model's $124-$480 range provides an independent fundamental perspective.