Highlights

  • Consensus rating of Buy from 8 analysts: 8 Buy or equivalent, 0 Hold, 0 Sell or equivalent.
  • Mean price target of A$3.30 against a share price of A$2.38 on 8 October 2026, an implied upside of 38.5%.
  • Analyst targets range from A$2.77 to A$3.71.
  • Underlying Revenue was $239 million and underlying EBITDA was $127 million, above guidance of $125 million.

DigiCo Infrastructure REIT (ASX:DGT) carries a consensus analyst rating of Buy. Of the 8 analyst recommendations recorded, 8 are Buy or equivalent, 0 are Hold and 0 are Sell or equivalent. The mean price target is A$3.30, with targets ranging from A$2.77 to A$3.71, against a current share price of A$2.38 (8 October 2026). DigiCo Infrastructure REIT is a data centre REIT with Assets in Australia and the United States, managed by HMC Digital Infrastructure Ltd.

Company name

DigiCo Infrastructure REIT

Ticker

(ASX:DGT)

Exchange

ASX (Australian Securities Exchange)

Current share price

A$2.38

Price date

8 October 2026

Number of analysts

8

Rating consensus

Buy

Consensus price target (mean)

A$3.30

Highest target

A$3.71

Lowest target

A$2.77

Implied upside/downside to mean target

Implied upside of 38.5%

Latest developments

DigiCo Infrastructure REIT (ASX:DGT) released its results for the full year ended 30 June 2026 on 21 August 2026. Underlying revenue was $239 million and underlying EBITDA was $127 million, above guidance of $125 million. Adjusted FFO was $71 million and distributions were 12.0 cents per security, in line with guidance. Gearing was 39%, within the 35% to 45% target range, and is expected to reduce to a pro forma 18% after completion of US asset sales. Available Liquidity was $706 million, rising to a pro forma of about $1.2 billion.

The REIT reported record customer Demand and accelerated its SYD1 88 MW project: the 20 MW upgrade is complete, letters of intent have been signed for the remaining 52 MW of capacity, and the expansion is to be delivered in phases over FY27 and FY28. An ADL1 15 MW expansion is underpinned by advanced customer discussions.

US asset sales are on track, and terms have been agreed to extend leases at Kansas City (KCM1) and Dallas Fort Worth (DAL1) to 10-year terms expiring in 2036. The REIT referred to a pathway to an Australian platform stabilised EBITDA of about $250 million.

Risks and what to watch

The letters of intent for 52 MW at SYD1 are not binding contracts, and the stabilised EBITDA of about $250 million is a pathway rather than a forecast. Gearing is 39% before US asset sales complete, and the pro forma 18% depends on those sales. Data centre expansions involve construction, power and customer commitments.

Next milestones

Items to watch include completion of the US asset sales, conversion of the SYD1 letters of intent to contracts, phased delivery of the SYD1 expansion over FY27 and FY28, the ADL1 expansion, and the half-year result.