JPMorgan sees potential DigitalBridge acquisition price of $25-35 per share

JPMorgan analyst Richard Choe notes Bloomberg reported that Softbank (SFTBY) is in talks to acquire DigitalBridge (DBRG). While also noting that DigitalBridge has been in press reports before about being a potential M&A target, the firm believes the specifics from the Bloomberg report and the well-known AI and technology focus for Softbank “give confidence that a potential deal is being discussed.” The firm, which sees “an attractive takeout price” of $28 per share on its 2026 estimates, and “a high-end valuation range” of $30-$35 per share if looking out to its 2027 estimates on a premium multiple, tells investors that it sees a possible acquisition price range of $25-35 per share and keeps an Overweight rating on DigitalBridge.