Digital Realty stock trades at USD 181 as HSBC cuts target to USD 235

Published on 09/25/2026 at 15:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Digital Realty stock faced an HSBC target cut from USD 240.00 to USD 235.00, while second-quarter Core FFO rose to USD 2.13. A Turkey campus adds 22 megawatts.

Fotorealistisches Rechenzentrum-Außengelände bei Dusk mit blauer Akzentbeleuchtung — Digital Realty Trust zeigt seinen Rechenzentrum Campus bei Abenddaemmerung mit blauer Beleuchtung US2538681030, Illustration mit AI erstellt.

Digital Realty stock (ISIN US2538681030) stood at USD 181.00 on the NYSE on September 24, 2026, down USD 0.45 or 0.25 percent from the prior close. As MarketBeat reports, HSBC cut its target from USD 240.00 to USD 235.00 while retaining a Buy rating. The valuation signal is mixed rather than one-directional.

Target cut meets operating growth

The share price remains 13.04 percent below its 52-week high of USD 208.14 and 23.78 percent above its 52-week low of USD 146.23, both measured on September 24, 2026. Digital Realty's market capitalization stood at USD 66,965,656,362, while volume reached 1,258,165 shares in that session.

For the second quarter of 2026, reported on July 23, Digital Realty's Core FFO per share excluding net promote rose from USD 1.87 in the prior-year quarter to USD 2.13. Yahoo Finance also reports that signed leases awaiting commencement represented USD 1.9 billion of annualized base rent at 100 percent share.

Guidance trails consensus

Digital Realty's 2026 Core FFO guidance excluding net promote is USD 8.15 to USD 8.20 per share. S&P Global places 2026 Visible Alpha consensus at USD 8.52, putting the external estimate above the company range by USD 0.32 to USD 0.37 per share.

The same outlook pairs the FFO debate with heavier investment: consensus capital expenditure is USD 4.7 billion for 2026, while consensus net debt is USD 17.4 billion. That combination gives the target cut a clear counterweight, because AI demand supports expansion but financing and execution remain central to the earnings path.

Turkey adds a new capacity marker

On September 14, 2026, Digital Realty announced a joint venture with Rönesans Infrastructure to develop data centers in Turkey. The first Ankara campus is planned to exceed 22 megawatts of carrier-neutral IT capacity, with completion scheduled for 2028.

The combination of USD 2.13 in second-quarter Core FFO, USD 8.15 to USD 8.20 in 2026 guidance and a USD 235.00 HSBC target gives investors three measurable reference points. The stock's September 24, 2026 market value remains below its yearly high while the operating pipeline expands.