Why Did DigitalBridge Group Stock Soar 29.58%?

On May 7, 2025, DigitalBridge Group's stock surged by 29.58% in pre-market trading, marking a significant rise that has caught the attention of investors and analysts alike.

Several analysts have adjusted their price targets for DigitalBridge Group. Keefe, Bruyette & Woods reduced their target price to $10.50 from the previous $13.00. Similarly, Truist Financial lowered their target price from $15.00 to $13.00 while maintaining a "buy" rating. Riley also decreased their target price from $24.00 to $20.00, keeping a "buy" rating for the company.

These adjustments reflect a cautious outlook on the company's future performance, despite the recent surge in stock price. The reductions in price targets suggest that analysts are factoring in potential risks or uncertainties that could impact DigitalBridge Group's valuation.

Institutional investors have also been active in their positions in DigitalBridge Group. Anson Funds Management LP increased its stock position, while Dimensional Fund Advisors LP made adjustments to its holdings. These moves indicate ongoing interest from major investors, who are closely monitoring the company's developments.