Expectations trend
FY2027 · fiscal year ending 2027-12-31 · fmp
Digital Realty (DLR)
NYSEReal EstateReit - SpecialtySnapshot 2026-11-04
$174.67-5.52%
Close 2026-11-05 · 1-day change
NYSEReal EstateReit - SpecialtySnapshot 2026-11-04
The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.
Next-FY EPS estimate change · 30 days
2.59 → 2.70 EPS · FY ending Dec 31, 2027 · 12 analysts
One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.
Change in the same fiscal period’s mean EPS estimate from Oct 5, 2026 to Nov 4, 2026: (new ÷ prior − 1). Contributor count changed from 12 to 12; this is not the number of analysts revising. The ±10% axis is a display range.
The EPS and P/E reference is not available for DLR yet.
| Measure / period | Management expectations | Analyst expectations |
|---|
Management figures unavailable.
Current consensus figures unavailable.
Three published thesis conditions, with dated milestones shown separately.
| Key Factor | Why It Matters | Current Status | Break Condition | Latest Evidence |
|---|---|---|---|---|
Core FFO per share reaches $8.05 in 2026 | Digital Realty grows Core FFO per share to about $8.05 in 2026. | Intact | Core FFO per share falls below $7.28 in 2026 | Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Date unavailableLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Compare these dated observations with the operating requirements above
FY2027 · fiscal year ending 2027-12-31 · fmp
The evidence, the remaining questions, and what comes next
No recovery evidence is reported in the available driver assessments.
Next earnings date unavailable
Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.
Review earningsObserved price history; separate from operating scenarios
The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.
DLR is a data center growth and income business with a multi-year thesis tied to expanding hyperscale and AI-oriented capacity. Its current thesis state is intact, although the latest signal is mixed and management execution has been volatile.
Valuation is described as justified, with low measured fragility, but DLR trades at a premium to peers. The expectations gap is slightly negative, meaning the market’s assumptions appear somewhat ahead of the evidence; confidence in that reading is low.
Recent results show strong revenue growth, and management raised its 2026 Core FFO per-share outlook in July. Capacity expansion and the completed Blackstone joint-venture transaction support the multi-year growth plan, though the October earnings miss and a run of recent misses make near-term execution worth watching.
The thesis depends on DLR continuing to deliver capacity growth and meet its raised guidance. A guidance cut would damage management credibility, while Fed rate cuts could help the rate-sensitive real estate sector; weakness among sector peers could remove that support.
Over the next 1 to 3 years, DLR’s growth plan and recent operating strength support an intact long-term thesis, but the premium valuation leaves less room for execution setbacks. The latest earnings miss makes delivery against guidance the key near-term test. Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| It expands hyperscale data center capacity with acquisitions totaling over $1.6 billion. |
| Intact |
| Fails to complete acquisitions or partnerships totaling at least $1 billion |
Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Date unavailableLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Announce and execute share buyback program | A supporting condition in Digital Realty's published investment case. The stated target is Announce and execute meaningful buybacks within 12 months. | Intact | No significant buyback execution within 12 months | Buyback program active vs 12-month target News and events confirm DLR announced and is executing share buybacks, supporting the capital allocation thesis driver. Nov 4, 2026Last status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.
$2.40 → $2.70 · observed estimates
$7.62B → $8.08B · observed estimates
One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.
| Snapshot | EPS | Revenue | EPS / revenue analysts |
|---|---|---|---|
| 2026-07-24 | $2.40 | $7,621,623,649 | 11 / 21 |
| 2026-07-25 | $2.93 | $7,721,557,210 | 4 / 28 |
| 2026-07-26 | $2.93 | $7,721,557,210 | 4 / 28 |
| 2026-07-27 | $2.93 | $7,758,625,150 | 4 / 27 |
| 2026-07-28 | $2.51 | $7,735,988,268 | 10 / 21 |
| 2026-07-29 | $2.93 | $7,805,385,880 | 4 / 27 |
| 2026-07-30 | $2.50 | $7,790,267,053 | 11 / 21 |
| 2026-07-31 | $2.50 | $7,790,267,053 | 11 / 21 |
| 2026-08-01 | $2.50 | $7,790,267,053 | 11 / 21 |
| 2026-08-02 | $2.93 | $7,824,638,030 | 4 / 28 |
| 2026-08-03 | $2.52 | $7,809,409,910 | 11 / 22 |
| 2026-08-04 | $2.52 | $7,809,409,910 | 11 / 22 |
| 2026-08-05 | $2.52 | $7,809,409,910 | 11 / 22 |
| 2026-08-06 | $2.52 | $7,809,409,910 | 11 / 22 |
| 2026-08-07 | $2.52 | $7,809,409,910 | 11 / 22 |
| 2026-08-08 | $2.93 | $7,831,395,180 | 4 / 28 |
| 2026-08-09 | $2.93 | $7,831,395,180 | 4 / 28 |
| 2026-08-10 | $2.52 | $7,809,409,910 | 11 / 22 |
| 2026-08-11 | $2.93 | $7,849,266,930 | 4 / 28 |
| 2026-08-12 | $2.52 | $7,809,409,910 | 11 / 22 |
| 2026-08-13 | $2.52 | $7,809,409,910 | 11 / 22 |
| 2026-08-14 | $2.52 | $7,809,409,910 | 11 / 22 |
| 2026-08-15 | $2.52 | $7,809,409,910 | 11 / 22 |
| 2026-08-16 | $2.52 | $7,809,409,910 | 11 / 22 |
| 2026-08-17 | $2.52 | $7,809,409,910 | 11 / 22 |
| 2026-08-18 | $2.52 | $7,809,409,910 | 11 / 22 |
| 2026-08-19 | $2.52 | $7,809,409,910 | 11 / 22 |
| 2026-08-20 | $2.56 | $7,864,297,045 | 11 / 21 |
| 2026-08-21 | $2.56 | $7,864,297,045 | 11 / 21 |
| 2026-08-22 | $2.56 | $7,864,297,045 | 11 / 21 |
| 2026-08-23 | $2.56 | $7,864,297,045 | 11 / 21 |
| 2026-08-24 | $2.56 | $7,864,297,045 | 11 / 21 |
| 2026-08-25 | $2.56 | $7,864,297,045 | 11 / 21 |
| 2026-08-26 | $2.56 | $7,864,297,045 | 11 / 21 |
| 2026-08-27 | $2.56 | $7,864,297,045 | 11 / 21 |
| 2026-08-28 | $2.56 | $7,864,297,045 | 11 / 21 |
| 2026-08-29 | $2.56 | $7,864,297,045 | 11 / 21 |
| 2026-08-30 | $2.58 | $7,870,423,275 | 11 / 21 |
| 2026-08-31 | $2.58 | $7,870,423,275 | 11 / 21 |
| 2026-09-01 | $2.58 | $7,870,423,275 | 11 / 21 |
| 2026-09-02 | $2.58 | $7,870,423,275 | 11 / 21 |
| 2026-09-03 | $2.58 | $7,870,423,275 | 11 / 21 |
| 2026-09-04 | $2.58 | $7,870,423,275 | 11 / 21 |
| 2026-09-05 | $2.58 | $7,870,423,275 | 11 / 21 |
| 2026-09-06 | $2.58 | $7,870,423,275 | 11 / 21 |
| 2026-09-07 | $2.58 | $7,870,423,275 | 11 / 21 |
| 2026-09-08 | $2.58 | $7,870,423,275 | 11 / 21 |
| 2026-09-09 | $2.58 | $7,870,423,275 | 11 / 21 |
| 2026-09-10 | $2.58 | $7,870,423,275 | 11 / 21 |
| 2026-09-11 | $2.58 | $7,875,341,132 | 11 / 21 |
| 2026-09-12 | $2.58 | $7,875,341,132 | 11 / 21 |
| 2026-09-13 | $2.58 | $7,875,341,132 | 11 / 21 |
| 2026-09-14 | $2.58 | $7,875,341,132 | 11 / 21 |
| 2026-09-15 | $2.58 | $7,875,341,132 | 11 / 21 |
| 2026-09-16 | $2.58 | $7,875,341,132 | 11 / 21 |
| 2026-09-17 | $2.58 | $7,875,341,132 | 11 / 21 |
| 2026-09-18 | $2.58 | $7,875,341,132 | 11 / 21 |
| 2026-09-19 | $2.58 | $7,875,341,132 | 11 / 21 |
| 2026-09-20 | $2.58 | $7,875,341,132 | 12 / 21 |
| 2026-09-21 | $2.58 | $7,875,341,132 | 12 / 21 |
| 2026-09-22 | $2.59 | $7,887,316,718 | 12 / 22 |
| 2026-09-23 | $2.59 | $7,887,302,329 | 12 / 22 |
| 2026-09-24 | $2.59 | $7,887,302,329 | 12 / 22 |
| 2026-09-25 | $2.59 | $7,887,302,329 | 12 / 22 |
| 2026-09-26 | $2.59 | $7,887,302,329 | 12 / 22 |
| 2026-09-27 | $2.59 | $7,887,302,329 | 12 / 22 |
| 2026-09-28 | $2.59 | $7,887,302,329 | 12 / 22 |
| 2026-09-29 | $2.59 | $7,887,302,329 | 12 / 22 |
| 2026-09-30 | $2.59 | $7,887,302,329 | 12 / 22 |
| 2026-10-01 | $2.59 | $7,887,302,329 | 12 / 22 |
| 2026-10-02 | $2.59 | $7,887,302,329 | 12 / 22 |
| 2026-10-03 | $2.59 | $7,887,302,329 | 12 / 22 |
| 2026-10-04 | $2.59 | $7,887,302,329 | 12 / 22 |
| 2026-10-05 | $2.59 | $7,887,302,329 | 12 / 22 |
| 2026-10-06 | $2.59 | $7,887,312,674 | 12 / 22 |
| 2026-10-07 | $2.59 | $7,887,312,674 | 12 / 22 |
| 2026-10-08 | $2.59 | $7,887,312,674 | 12 / 22 |
| 2026-10-09 | $2.58 | $7,895,329,916 | 12 / 22 |
| 2026-10-10 | $2.58 | $7,895,329,916 | 12 / 22 |
| 2026-10-11 | $2.58 | $7,895,329,916 | 12 / 22 |
| 2026-10-12 | $2.58 | $7,895,329,916 | 12 / 22 |
| 2026-10-13 | $2.58 | $7,895,329,916 | 12 / 22 |
| 2026-10-14 | $2.58 | $7,895,329,916 | 12 / 21 |
| 2026-10-15 | $2.58 | $7,895,329,916 | 12 / 21 |
| 2026-10-16 | $2.58 | $7,895,329,916 | 12 / 21 |
| 2026-10-17 | $2.58 | $7,895,329,916 | 12 / 21 |
| 2026-10-18 | $2.63 | $7,897,728,358 | 12 / 21 |
| 2026-10-19 | $2.63 | $7,897,728,358 | 12 / 21 |
| 2026-10-20 | $2.63 | $7,897,728,358 | 12 / 21 |
| 2026-10-21 | $2.63 | $7,897,728,358 | 12 / 21 |
| 2026-10-22 | $2.63 | $7,897,070,746 | 12 / 21 |
| 2026-10-23 | $2.63 | $7,897,070,746 | 12 / 22 |
| 2026-10-24 | $2.60 | $7,897,069,646 | 12 / 22 |
| 2026-10-25 | $2.60 | $7,897,069,646 | 12 / 22 |
| 2026-10-26 | $2.60 | $7,897,069,646 | 12 / 22 |
| 2026-10-27 | $2.60 | $7,897,069,646 | 12 / 22 |
| 2026-10-28 | $2.60 | $7,897,069,646 | 12 / 22 |
| 2026-10-29 | $2.60 | $7,897,069,639 | 12 / 21 |
| 2026-10-30 | $2.60 | $7,933,710,439 | 12 / 21 |
| 2026-10-31 | $2.69 | $8,051,741,720 | 12 / 20 |
| 2026-11-01 | $2.70 | $8,058,622,366 | 12 / 21 |
| 2026-11-02 | $2.70 | $8,069,176,444 | 12 / 22 |
| 2026-11-03 | $2.70 | $8,076,987,017 | 12 / 23 |
| 2026-11-04 | $2.70 | $8,076,987,017 | 12 / 23 |
Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.
Latest: 29 Buy / Strong Buy · 5 Hold · 0 Sell / Strong Sell
Recent actions · Oct 6–Nov 4 · 4 recorded
0 raises · 0 cuts · 0 unchanged · 2 without a comparable prior
Oct 6, 2026–Nov 4, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.
2 of 3 published conditions remain under pressure or need verification. The next results need to address those conditions.
The dated weekly assessment and its assumptions are available in Read detailed Outlook.