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

Blackstone Digital Infrastructure Trust (NYSE:BXDC) released its quarterly earnings data on Tuesday. The company reported $0.08 EPS for the quarter, beating 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 Stock Performance

BXDC stock opened at $20.35 on Wednesday. The stock has a fifty day simple moving average of $21.25. Blackstone Digital Infrastructure Trust has a twelve month low of $19.20 and a twelve month high of $22.90.

Insider Buying and Selling at Blackstone Digital Infrastructure Trust

In related news, insider Nicholas L. Pell bought 25,000 shares of the 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 $500,000.00. Following the completion of the purchase, the insider owned 25,000 shares of the company’s stock, valued at $500,000. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, major shareholder Treasury Holdings I. Blackstone purchased 9,486,795 shares of the business’s stock in a transaction dated Friday, May 15th. The stock was bought at an average price of $20.00 per share, for a total transaction of $189,735,900.00. Following the completion of the acquisition, the insider owned 9,111,800 shares of the company’s stock, valued at approximately $182,236,000. The trade was a -2,529.85% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders purchased 9,557,295 shares of company stock valued at $191,145,900.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on BXDC shares. Sanford C. Bernstein began coverage on Blackstone Digital Infrastructure Trust in a research note on Monday, June 8th. They set an “outperform” rating and a $26.00 price objective on the stock. Royal Bank Of Canada assumed coverage on shares of Blackstone Digital Infrastructure Trust in a report on Monday, June 8th. They issued an “outperform” rating and a $24.00 target price for the company. Wells Fargo & Company assumed coverage on shares of Blackstone Digital Infrastructure Trust in a research report on Monday, June 8th. They issued an “overweight” rating and a $26.00 price objective on the stock. Moffett Nathanson began coverage on shares of Blackstone Digital Infrastructure Trust in a research note on Monday, June 8th. They issued a “neutral” rating and a $21.00 price objective for the company. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on Blackstone Digital Infrastructure Trust in a research report on Monday, June 8th. They set a “buy” rating and a $24.00 target price for the company. Six equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $23.71.

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