For the first quarter of 2026, Digital Realty Trust is expected to report consensus revenue of $1.61 billion and Core FFO of $1.94 per share, while the stock currently trades at $203.62, slightly above the average analyst price target of $201.19.
Investors are primarily focused on the company's 0-to-1 megawatt (MW) booking volume, which serves as a critical indicator of AI-driven demand within the high-margin colocation and interconnection segments.
This report follows a record 2025 where bookings in the 0-1 MW category surged 35% annually, bolstered by enterprise adoption of AI inference workloads. Markets are also watching the conversion of a massive $1.4 billion lease backlog into recognized revenue and the impact of power availability constraints in major hubs like Northern Virginia.