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

Blackstone Digital Infrastructure Trust (NYSE:BXDC) issued its quarterly earnings results on Tuesday. The company reported $0.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 1.9%

Shares of BXDC traded down $0.40 during mid-day trading on Tuesday, reaching $20.29. The stock had a trading volume of 86,420 shares, compared to its average volume of 1,110,427. Blackstone Digital Infrastructure Trust has a 52-week low of $19.20 and a 52-week high of $22.90. The company has a fifty day moving average of $21.28.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on BXDC shares. Zacks Research raised shares of Blackstone Digital Infrastructure Trust to a “hold” rating in a report on Tuesday, June 9th. Barclays began coverage on shares of Blackstone Digital Infrastructure Trust in a research note on Monday, June 8th. They issued an “overweight” rating and a $24.00 price target on the stock. Royal Bank Of Canada initiated coverage on shares of Blackstone Digital Infrastructure Trust in a research report on Monday, June 8th. They set an “outperform” rating and a $24.00 price target on the stock. Morgan Stanley started coverage on shares of Blackstone Digital Infrastructure Trust in a research note on Wednesday, June 10th. They set an “equal weight” rating and a $23.00 price objective for the company. Finally, BMO Capital Markets started coverage on shares of Blackstone Digital Infrastructure Trust in a report on Monday, June 8th. They issued a “market perform” rating and a $23.00 price objective for the company. Six research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $23.79.

Insider Buying and Selling

In other news, Director Katharine A. Keenan bought 25,000 shares of the firm’s stock in a transaction on Friday, May 15th. The shares were bought at an average cost of $20.00 per share, for a total transaction of $500,000.00. Following the acquisition, the director directly owned 25,000 shares of the company’s stock, valued at $500,000. This trade represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Diane M. Morefield purchased 5,000 shares of the company’s stock in a transaction dated Friday, May 15th. The stock was purchased at an average cost of $20.00 per share, with a total value of $100,000.00. Following the purchase, the director owned 12,500 shares in the company, valued at approximately $250,000. This trade represents a 66.67% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders acquired a total of 9,557,295 shares of company stock worth $191,145,900 over the last ninety days.

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