Digital Realty Trust (DLR) Stock Soars on Q2 Beat and Raised Outlook
Digital Realty Trust's Q2 results beat expectations, with shares surging 11% following the announcement of a raised 2026 outlook. The improved guidance was a key driver of the stock's price increase.
DLR stock jumped after Q2 earnings topped expectations, with the data-center REIT posting record core FFO per share and raising its full-year 2026 guidance.
Shares rose about 11% on the news, driven by record bookings and rental-rate increases on lease renewals well above the company's initial 2026 guidance.
Digital Realty lifted its full-year core FFO outlook and raised its cash renewal-spread and same-capital NOI growth forecasts, underscoring how AI-driven demand for data-center capacity is tightening supply and boosting pricing power. Investors will watch whether hyperscale leasing momentum can sustain the raised outlook through year-end.
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