Prologis (NYSE:PLD) Stock Keeps Buy Rating at BTIG Research

Prologis (NYSE:PLD)‘s stock had its “buy” rating reiterated by stock analysts at BTIG Research in a research note issued to investors on Friday, Benzinga reports. They currently have a $170.00 price target on the real estate investment trust’s stock. BTIG Research’s price target suggests a potential upside of 34.67% from the company’s previous close.

Other research analysts have also issued reports about the stock. Wells Fargo & Company decreased their price objective on shares of Prologis from $167.00 to $166.00 and set an “overweight” rating for the company in a report on Tuesday, September 1st. Royal Bank Of Canada raised shares of Prologis from a “sector perform” rating to an “outperform” rating and increased their price target for the stock from $148.00 to $160.00 in a research report on Tuesday, August 4th. Raymond James Financial started coverage on Prologis in a research note on Thursday, June 18th. They issued a “market perform” rating for the company. Scotiabank raised Prologis from a “sector perform” rating to a “sector outperform” rating and set a $150.00 price objective for the company in a report on Tuesday. Finally, Mizuho upped their price objective on Prologis from $150.00 to $159.00 and gave the company an “outperform” rating in a research note on Friday, July 17th. Seventeen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, Prologis has a consensus rating of “Moderate Buy” and an average price target of $153.82.

Prologis Stock Down 0.6%

PLD stock traded down $0.70 during midday trading on Friday, hitting $126.24. 2,375,555 shares of the company’s stock were exchanged, compared to its average volume of 3,780,955. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.63. Prologis has a 12-month low of $121.17 and a 12-month high of $153.35. The firm has a 50 day moving average price of $135.94 and a 200-day moving average price of $139.94. The stock has a market capitalization of $117.79 billion, a price-to-earnings ratio of 28.11 and a beta of 1.31.

Prologis (NYSE:PLD) last released its earnings results on Thursday, October 15th. The real estate investment trust reported $1.60 EPS for the quarter, beating the consensus estimate of $0.78 by $0.82. Prologis had a return on equity of 7.29% and a net margin of 45.79%. The company had revenue of $2.39 billion during the quarter, compared to analysts’ expectations of $2.18 billion. During the same period in the prior year, the business posted $1.49 EPS. The business’s revenue was up 7.8% on a year-over-year basis. Prologis has set its FY 2026 guidance at 6.250-6.290 EPS. On average, analysts anticipate that Prologis will post 6.27 EPS for the current year.

Institutional Trading of Prologis

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Banque Pictet & Cie SA grew its holdings in shares of 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 acquiring an additional 27,289 shares during the last quarter. James T. Borello RIA purchased a new stake in shares of Prologis during the third quarter valued at $40,000. V Square Quantitative Management LLC boosted its position in shares of Prologis by 7.8% in the 3rd 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 during the period. YANKCOM Partnership boosted its position in shares of Prologis by 9.2% in the 3rd 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 during the period. Finally, Sacks & Associates LLC purchased a new position in Prologis in the 3rd quarter worth about $203,000. 93.50% of the stock is owned by institutional investors and hedge funds.

Key Prologis News

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 roughly $1.58 consensus, while revenue increased 7.8% year over year to $2.39 billion. Occupancy remained high at 95.4%, and net effective rent change reached 38%. Prologis Reports Third Quarter 2026 Results
• Positive Sentiment: Management raised its 2026 same-store growth outlook and continued to see strong demand from e-commerce and data-center-related customers. Development starts totaled approximately $1.0 billion, supporting the company’s external growth pipeline. PLD Q3 Earnings Call Highlights
• Positive Sentiment: BTIG reaffirmed its Buy rating and maintained a $170 price target, arguing that the selloff creates an attractive entry point. The analyst cited Prologis’ strong funds-from-operations profile, capital flexibility and long-term growth opportunities. Prologis Analyst Touts Ample Defenses
• Neutral Sentiment: Replacement-cost rents are estimated to be 27% above current logistics-market rents, indicating meaningful embedded rent upside. However, data-center supply-chain tenants represented 17% of U.S. leasing, increasing investor focus on sector concentration and demand durability. Prologis Three Key Takeaways
• Negative Sentiment: The company narrowed its 2026 outlook to approximately $6.25–$6.29 in EPS, while commentary highlighted volatile interest rates, pressure on development returns and a large 5.8-gigawatt data-center pipeline. These risks tempered the earnings beat and are the primary reasons PLD has decreased. Prologis Cuts 2026 Guidance

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.