Prologis, Inc. (NYSE:PLD) Stock Has Consensus Target Price of $154.52

Prologis, Inc. (NYSE:PLD) has earned a consensus recommendation of “Moderate Buy” from the twenty-three ratings firms that are presently covering the stock, Marketbeat reports. Six equities research analysts have rated the stock with a hold recommendation and seventeen have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $153.82.

PLD has been the topic of several research analyst reports. Wall Street Zen upgraded Prologis from a “sell” rating to a “hold” rating in a research report on Saturday, July 18th. Royal Bank Of Canada raised Prologis from a “sector perform” rating to an “outperform” rating and upped their price objective for the stock from $148.00 to $160.00 in a research note on Tuesday, August 4th. UBS Group set a $150.00 price objective on Prologis in a research note on Friday. Robert W. Baird set a $140.00 target price on Prologis in a research report on Friday, July 31st. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Prologis in a research report on Friday.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Banque Pictet & Cie SA lifted its stake in Prologis by 1,132.3% in the 3rd quarter. Banque Pictet & Cie SA now owns 29,699 shares of the real estate investment trust’s stock worth $3,856,000 after purchasing an additional 27,289 shares in the last quarter. James T. Borello RIA bought a new position in shares of Prologis during the 3rd quarter valued at about $40,000. V Square Quantitative Management LLC grew its position in shares of Prologis by 7.8% during the third quarter. V Square Quantitative Management LLC now owns 23,009 shares of the real estate investment trust’s stock valued at $2,987,000 after purchasing an additional 1,661 shares in the last quarter. YANKCOM Partnership grew its position in shares of Prologis by 9.2% during the third quarter. YANKCOM Partnership now owns 9,428 shares of the real estate investment trust’s stock valued at $1,224,000 after purchasing an additional 798 shares in the last quarter. Finally, Sacks & Associates LLC purchased a new position in shares of Prologis during the third quarter valued at about $203,000. 93.50% of the stock is currently owned by institutional investors.

Prologis News Roundup

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: Prologis reported third-quarter core FFO of $1.60 per share, ahead of the $1.58 consensus estimate and up from $1.49 a year earlier. Revenue increased 7.8% year over year to $2.39 billion, while occupancy remained high at 95.4%. Prologis Q3 FFO and Revenues Top Estimates
• Positive Sentiment: Management cited healthy warehouse demand from e-commerce and data centers, a 38% increase in Prologis Share net effective rents, and a $1.024 billion development-start pipeline. Replacement-cost rents are reportedly 27% above current logistics-market rents, supporting long-term pricing power. Prologis: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: BTIG reiterated its Buy rating and assigned a $170 price target, arguing that the selloff provides an attractive entry point. The firm cited Prologis’ financial flexibility, global platform and external-growth pipeline as defenses against data-center challenges. Prologis Analyst Touts Ample Defenses Against Data Center Challenges
• Neutral Sentiment: Prologis maintained 2026 EPS guidance of $6.25 to $6.29, broadly in line with the $6.27 analyst consensus, but the narrower range and cautious commentary limited the benefit of the earnings beat. Prologis Cuts 2026 Guidance Despite Q3 Earnings Beat
• Negative Sentiment: Investors remain concerned about interest-rate volatility, development returns and Prologis’ 5.8-gigawatt data-center pipeline. Data-center supply-chain tenants represented 17% of U.S. leasing, increasing sensitivity to sector-specific demand and supply risks. PLD Q3 Earnings Call Highlights Rent Recovery and Rate Risks

Prologis Stock Down 1.0%

PLD opened at $125.65 on Wednesday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.70 and a current ratio of 0.34. Prologis has a fifty-two week low of $121.17 and a fifty-two week high of $153.35. The firm’s fifty day moving average is $135.65 and its 200 day moving average is $139.84. The stock has a market cap of $117.24 billion, a price-to-earnings ratio of 20.57 and a beta of 1.31.

Prologis (NYSE:PLD) last issued its earnings results on Thursday, October 15th. The real estate investment trust reported $1.60 earnings per share for the quarter, topping the consensus estimate of $0.78 by $0.82. Prologis had a net margin of 45.51% and a return on equity of 7.28%. The company had revenue of $2.39 billion during the quarter, compared to the consensus estimate of $2.18 billion. During the same quarter in the prior year, the firm posted $1.49 EPS. Prologis’s quarterly revenue was up 7.8% compared to the same quarter last year. Prologis has set its FY 2026 guidance at 6.250-6.290 EPS. On average, sell-side analysts forecast that Prologis will post 6.27 earnings per share for the current fiscal year.

Prologis Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Wednesday, September 16th were issued a $1.07 dividend. The ex-dividend date of this dividend was Wednesday, September 16th. This represents a $4.28 dividend on an annualized basis and a yield of 3.4%. Prologis’s payout ratio is currently 95.32%.

Prologis Company Profile

Prologis, Inc (NYSE: PLD) is a global logistics real estate company that owns, develops, acquires and manages distribution facilities, warehouses and other properties used throughout the supply chain. Its portfolio serves manufacturers, retailers, transportation providers and third-party logistics companies.

The company provides logistics real estate and related services in key markets across North America, Europe, Asia and Latin America. Its properties are generally located near major population centers, transportation hubs, ports and trade corridors, supporting e-commerce, industrial and distribution operations.

Prologis traces its roots to 1983 and was created in its current form through the 1999 merger of ProLogis and Security Capital Industrial Trust.