Digital Realty Trust (DLR) Boosts Revenue Forecast Following Strong Q3 Results and Record Re-Leasing Gains

Core Insights - Digital Realty Trust, Inc. (NYSE:DLR) is recognized as one of the top sustainability stocks, with a maintained Buy rating and an increased price target from $198 to $205 following strong Q3 2025 results [1] Financial Performance - In the reported quarter, Digital Realty Trust's signed total bookings are projected to generate $201 million in annual GAAP rental revenues, including $65 million from the 0-1 megawatt category and $20 million from interconnection [2] - The company has upgraded its revenue projection for 2025 to a range of $6.03 billion to $6.08 billion, with net income per diluted share expected between $3.57 and $3.62 [2] Market Dynamics - Digital Realty Trust recorded a significant 19.9% cash re-leasing gap in the over 1 megawatt segment, indicating strong demand in key markets [3] - The company has a near-record backlog of $852 million, suggesting substantial revenue potential for 2026 [3] Company Overview - Digital Realty Trust, Inc. is a real estate investment trust that focuses on carrier-neutral data centers, providing colocation and peering services, and specializes in technology-related real estate [4]