Blackstone Digital Infrastructure Trust (NYSE:BXDC) Releases Quarterly Earnings Results, Beats Expectations By $0.04 EPS

Blackstone Digital Infrastructure Trust (NYSE:BXDC) issued its quarterly earnings data on Tuesday. The company reported $0.08 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.04, Zacks reports.

Here are the key takeaways from Blackstone Digital Infrastructure Trust’s conference call:

• Completed a $2 billion IPO in May 2026, giving BXDC substantial capital and positioning it as the largest blind-pool REIT IPO to date. Blackstone and employees retain an 11% stake, supporting management alignment.
• Management cited strong data-center fundamentals, including approximately 1% U.S. vacancy and just 0.4% vacancy in target markets, while rents have more than doubled from 2021 levels. AI, cloud computing, and digitalization are expected to continue driving demand for compute capacity.
• BXDC said its acquisition pipeline is robust, with more opportunities than currently available capital, and expects to deploy IPO proceeds within roughly three quarters. The strategy remains focused on recently built, stabilized, fully leased Tier 1-market data centers serving investment-grade hyperscalers.
• Second-quarter results are not representative of future performance because the company had no real estate operations after the IPO. BXDC reported $0.14 of GAAP net income, $0.07 of FFO, and $0.08 of AFFO per share, with substantially all of its $2 billion in assets held in cash and cash equivalents.
• The company currently has no balance-sheet debt but expects to target approximately 40% leverage over time, supported by $1 billion of unused revolving-credit capacity. Management also noted that credit-market volatility could create acquisition opportunities, although pricing impacts remain too early to assess.

Blackstone Digital Infrastructure Trust Trading Down 0.9%

NYSE BXDC traded down $0.17 during mid-day trading on Thursday, hitting $19.83. The company’s stock had a trading volume of 750,762 shares, compared to its average volume of 1,110,670. The firm’s 50 day moving average price is $21.21. Blackstone Digital Infrastructure Trust has a twelve month low of $19.20 and a twelve month high of $22.90.

Insider Activity

In other Blackstone Digital Infrastructure Trust news, insider Anthony F. Marone, Jr. bought 10,000 shares of the firm’s stock in a transaction dated Friday, May 15th. The stock was bought at an average cost of $20.00 per share, with a total value of $200,000.00. Following the completion of the transaction, the insider directly owned 10,000 shares in the company, valued at approximately $200,000. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Katharine A. Keenan bought 25,000 shares of the firm’s stock in a transaction dated Friday, May 15th. The shares were acquired at an average cost of $20.00 per share, with a total value of $500,000.00. Following the completion of the transaction, the director owned 25,000 shares of the company’s stock, valued at $500,000. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders have acquired 9,557,295 shares of company stock valued at $191,145,900.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. JPMorgan Chase & Co. initiated coverage on shares of Blackstone Digital Infrastructure Trust in a research note on Monday, June 8th. They issued a “neutral” rating and a $23.00 price objective on the stock. Deutsche Bank Aktiengesellschaft started coverage on shares of Blackstone Digital Infrastructure Trust in a research note on Monday, June 8th. They set a “buy” rating and a $24.00 target price for the company. Sanford C. Bernstein started coverage on shares of Blackstone Digital Infrastructure Trust in a report on Monday, June 8th. They issued an “outperform” rating and a $26.00 target price on the stock. BNP Paribas Exane initiated coverage on shares of Blackstone Digital Infrastructure Trust in a research report on Monday, June 8th. They set an “outperform” rating and a $26.00 price target on the stock. Finally, Wells Fargo & Company assumed coverage on Blackstone Digital Infrastructure Trust in a report on Monday, June 8th. They set an “overweight” rating and a $26.00 price target for the company. Six investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $23.71.

Blackstone Digital Infrastructure Trust Inc is a real estate company in the Data Center REITs industry.