Key Highlights

● DLR closed at $178.72 on 9 October 2026, and the second data set's $223.44 mean target implies upside of about 25%.

● Market data shows a $219.69 average from 33 analysts, implying about 22.9% upside, with targets from $170 to $250.

● Market data counts one Strong Buy, 26 Buy and six Hold ratings with no Sell.

● Redburn initiated at Buy with $227 on 21 September, while HSBC lowered its target to $235 from $240 on 23 September.

Digital Realty Trust, Inc. (NYSE:DLR), a member of the S&P 500, closed at $178.72 on Friday 9 October 2026. The data centre real estate investment trust is covered by more than thirty analysts, and both data sets place the average target roughly a quarter above the share price.

What Is the Latest Analyst Price Target?

The second data set shows an average target of $223.44 from 34 analysts, with a median of $224.50, a high of $250 and a low of $190. Against the $178.72 close, the consensus target suggests potential upside of about 25%.

Market data reports a slightly lower average of $219.69 from 33 analysts, implying upside of about 22.9%, with a high of $250 and a low of $170. The $170 low is a Bank of America Neutral target dated January 2026, which is stale. The 14 named broker targets published between July and October average about $222. Its data was last updated on 5 October.

What Are Wall Street Analysts Saying?

Sentiment is firmly positive. Market data counts one Strong Buy, 26 Buy and six Hold ratings, with no Sells; the second data set shows 24 Strong Buy, five Buy and five Hold among 34 analysts.

Recent market data entries include HSBC lowering its target to $235 from $240 on 23 September, Rothschild & Co Redburn initiating at Buy with $227 on 21 September and BTIG raising to $220 from $215 on 10 September. Evercore reiterated Outperform with a $240 target in August, Argus upgraded to Buy with $212. In July, TD Cowen upgraded the shares to Buy with a $222 target, Guggenheim upgraded to Buy at $200, and JPMorgan raised to $235. Barclays, rated Equal Weight, holds a $197 target.

What Could Help the Stock Reach the Price Target?

The targets reflect expectations of strong demand for data centre capacity. Market data says revenue grew about 28.9% year on year in the latest quarter. If company filings confirm continued growth in leasing and development, analysts' optimism could be justified.

The string of upgrades from TD Cowen, Guggenheim, Wells Fargo and Argus over the summer shows improving sentiment among brokers, and the share price sits well below even the lowest named target of $197.

What Could Prevent the Stock Reaching the Target?

Data centre property is capital-intensive, so rising borrowing costs, construction delays, power availability and competition could all weigh on returns.

Six analysts rate the shares Hold, and A quantitative rating service downgraded the stock to Hold on 12 August. Recent target cuts from HSBC and Truist show that forecasts can move down as well as up.

What Should Investors Watch Next?

Items to watch include the next report for leasing trends, funding costs and development progress, and for any further broker target revisions that follow.

Digital Realty's Summer Upgrades Leave the Price Below Even the Lowest Named Target

Digital Realty closed at $178.72 on 9 October 2026, well below the lowest named target of $197 from Barclays, with the $223.44 mean about 25% higher and 14 named targets since July averaging about $222. Upgrades from TD Cowen, Guggenheim, Wells Fargo and Argus show improving sentiment, though six analysts rate the shares Hold and recent cuts from HSBC and Truist show forecasts can fall. Rising borrowing costs, construction delays, power availability and competition could weigh on returns.