Digital Realty Trust, Inc. vs Zscaler Inc — how do they compare? Digital Realty Trust, Inc. trades at $196.74 (market cap $70.61B), while Zscaler Inc trades at $178.02 (market cap $28.87B). The key difference: Digital Realty Trust, Inc. is far larger — about 2.4× Zscaler Inc's market cap, and Digital Realty Trust, Inc. pays a 2.56% dividend while Zscaler Inc pays none. Which is the better fit depends on your goals.
| DLR | ZS | |
|---|---|---|
Market Cap | $70.61B | $28.87B |
Sector | Real Estate | Technology |
52-Week High | $203.91 | $336.27 |
52-Week Low | $147.93 | $118.05 |
Enterprise Value | $89.32B | $27.20B |
Dividend Yield | 2.56% | — |
Signals from Pluang's Aura AI — not financial advice
DLR trades at $197.02, up 2.99% today, near its consensus price target low of $197.00. The stock shows bullish technical signals with strong moving averages, while fundamentals reveal high valuation multiples (P/E 241.53, P/S 25.08) offset by robust revenue growth to $6.11B in 2025 and a net income margin of 11.8%. Recent Q2 2026 earnings beat expectations with EPS of $1.21 versus $0.48 expected, driven by record leasing activity and raised full-year guidance.
Outlook remains positive due to AI-driven data center demand, but risks include elevated debt levels and cyclical earnings. Analysts are bullish with a $216.56 average target, though premium valuation requires monitoring execution against growth expectations.
Zscaler (ZS) trades at $176.94, up 0.15% with strong bullish technical signals and positive analyst sentiment. The stock shows consistent revenue growth from $1.1B in 2022 to $2.67B in 2025, though it remains unprofitable with a -2.44% net margin. Recent earnings beats and leadership in Gartner Magic Quadrant for SASE platforms highlight operational strength. Current price sits near resistance at $177 with RSI indicating overbought conditions.
Outlook remains positive with 79% analyst buy ratings and $191.81 consensus target, but risks include negative profitability, high valuation multiples (P/S 8.94), and projected negative cash flow in 2026. The cybersecurity leader benefits from AI-driven security demand but faces execution risks amid competitive pressures.
Trailing returns across standard periods
Latest headlines on both assets
Digital Realty owns and operates nearly 300 data centers worldwide. It has more than 35 million rentable square feet across five continents. Digital's offerings range from retail co-location, where an enterprise may rent a single cabinet and rely on Digital to provide all the accommodations, to cold shells, where hyperscale cloud service providers can simply rent much, or all, of a barren, power-connected building. In recent years, Digital Realty has de-emphasized cold shells and now primarily provides higher-level service to tenants, which outsource their related IT needs to Digital. Digital Realty has also moved more into the co-location business, increasingly serving enterprises and facilitating network connections. Digital Realty operates as a real estate investment trust.
Read more on DLR →Zscaler is a security-as-a-service firm that offers its customers cloud-delivered solutions for protecting user devices and data. The firm leverages its position in 150 colocation data centers to deliver traditionally appliance-based security functionality, such as firewalls and sandboxes, as a completely cloud-native platform. The firm focuses on large enterprise customers and offers two primary product suites: Zscaler Internet Access, which securely connects users to externally managed application and websites (such as Salesforce and Google), and Zscaler Private Access, which securely connects users to internally managed applications. Both product suites encompass a broad gamut of capabilities situated across the traditional security stack.
Read more on ZS →