Citi Maintains Buy Rating on Digital Realty with $174 Target

Thursday, Jul 10, 2025 10:21 pm ET1min read

Citi analyst Michael Rollins maintains a Buy rating on Digital Realty with a $174 price target, citing the company's strong earnings and revenue growth. The analyst consensus is a Strong Buy with an average price target of $191.38. Despite a negative corporate insider sentiment with 19 insiders selling shares over the past quarter, Digital Realty's latest earnings release reported a quarterly revenue of $1.41 billion and a net profit of $109.97 million.

Austin, Texas-based Digital Realty Trust, Inc. (DLR), a leading provider of data center, colocation, and interconnection solutions, is set to release its second-quarter earnings results after the market closes on Thursday, July 24. Ahead of the event, analysts anticipate a core funds from operations (FFO) of $1.73 per share, representing a 4.9% increase from the $1.65 per share reported in the year-ago quarter [1]. This projection aligns with Digital Realty's consistent performance, as the company has met or exceeded Wall Street's FFO projections in each of the past four quarters.

For fiscal 2025, Digital Realty is expected to deliver a core FFO of $7.03 per share, up 4.8% from $6.71 per share in fiscal 2024. Moreover, the company's FFO is projected to surge 7.4% year-over-year to $7.55 per share in fiscal 2026. The company's stock has gained 13.8% over the past 52 weeks, outperforming the S&P 500 Index's 13.4% returns and the Real Estate Select Sector SPDR Fund's (XLRE) 9.5% gains during the same period [1].

Citi analyst Michael Rollins maintains a Buy rating on Digital Realty with a $174 price target, citing the company's strong earnings and revenue growth. The analyst consensus is a Strong Buy with an average price target of $191.38. Despite a negative corporate insider sentiment, with 19 insiders selling shares over the past quarter, Digital Realty's latest earnings release reported a quarterly revenue of $1.41 billion and a net profit of $109.97 million [1].

References:

[1] https://www.inkl.com/news/digital-realty-trust-s-quarterly-earnings-preview-what-you-need-to-know

Citi Maintains Buy Rating on Digital Realty with $174 Target

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