Digital Realty Trust Inc. (NYSE:DLR) is one of the best stocks with 52-week highs to invest in, according to short sellers. On May 14, Truist Securities reiterated a Buy rating on Digital Realty Trust Inc. (NYSE:DLR) and raised the price target to $208 from $207.
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The research firm remains optimistic about the company’s long-term prospects as it remains at the intersection of artificial intelligence, cloud and digital transformation demand. Additionally, it should benefit from historically low vacancy rates in major markets and power and grid constraints.
The target price increase also follows impressive first-quarter results, in which net income available to common shareholders increased to $0.46 per share, up from $0.27 in the first quarter of 2025. Digital Realty Trust delivered core funds from operations per share of $2.04, compared to $1.77 in the same quarter last year. Total revenue rose 16% to $1.6 billion, driven by an acceleration in data center demand. The company is also advancing its hyperscale AI-oriented capability in the US while growing its connectivity-rich portfolio in key markets.
​Digital Realty Trust, Inc. (NYSE:DLR) is a publicly traded real estate investment trust (REIT) that owns, operates, acquires and develops data center properties around the world. Instead of renting traditional offices or commercial spaces. The company owns the massive physical buildings and critical infrastructure needed to house corporate IT, cloud networks, and artificial intelligence (AI) applications.
While we recognize DLR’s potential as an investment, we believe certain AI stocks offer greater growth potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that’s also benefiting significantly from Trump-era tariffs and the offshoring trend, check out our free report on best short-term AI stock.
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