Digital Realty Trust, Inc. (DLR) shows significant
short interest increase. The company has scheduled February 13 for its Q4 2024 Earnings Call. In the past 3 months, the stock has seen an increase of 12.7%. The company also announced the pricing of $1.0 billion
exchangeable senior notes offering and posted
Mixed Q3 results. Their $171.68 average price target comes from multiple analysts. Predictions are being made on the role of AI in the firm's future. It also aims to raise $1B through senior notes, further expanding its financial position. Increased demand for data centres is resulting in the stock's promising outlook and growth in FFO. If $10,000 had been invested in DLR's stock 10 years ago, the investment would be significant now. They are partnering with
OVHcloud for an AI-Optimized ServiceFabric platform. Q3 FFO met the estimates, and key metrics are reported for Q3 earnings. Both Stifel and JPMorgan raised the DLR's price target, emphasizing its
strong growth prospects. In its AI-driven market strategy, DLR sold its Cloud Business to DataBox. It recently hit an all-time high stock price of $193.93. The
dividend analysis predicts consistent FFO, although the stock appears overvalued.
Digital Realty Trust DLR News Analytics from Mon, 04 Mar 2024 08:00:00 GMT to Fri, 03 Jan 2025 14:26:00 GMT -
Rating 4
- Innovation 3
- Information 7
- Rumor -1