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Digital Realty has officially broken ground on its first 22MW data center at the Temelli campus in Ankara, marking a significant step in its expansion into the Turkish market.
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Digital Realty Trust (DLR) is expected to report Q3 2026 results on Oct. 29 with projected revenue growth of 10.6% YoY to $1.74 billion and core FFO per share of $1.97 (up 4.2% YoY). The company benefits from a record $1.90 billion backlog and strong AI/cloud-driven data center demand, though analyst estimates were recently revised downward. The quantitative model does not predict an FFO beat this quarter.
CIBC analyst Stephanie Price initiates coverage on Digital Realty Trust (NYSE:DLR) with a Outperformer rating and announces Price Target of $213.
Digital Realty found white phosphorus and other hazards at a former Georgia military dump during construction of a $3B data center, halting work.