Prologis (NYSE:PLD) Releases FY 2026 Earnings Guidance

Prologis (NYSE:PLD) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 6.070-6.230 for the period, compared to the consensus estimate of 4.210. The company issued revenue guidance of -.

Analysts Set New Price Targets

PLD has been the subject of several research analyst reports. Morgan Stanley set a $135.00 price objective on Prologis in a report on Friday, January 16th. Freedom Capital cut Prologis from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 23rd. BMO Capital Markets reaffirmed a “market perform” rating and set a $123.00 price objective on shares of Prologis in a research report on Thursday, January 22nd. Robert W. Baird reaffirmed a “neutral” rating and set a $130.00 price objective (up from $128.00) on shares of Prologis in a research report on Thursday, January 8th. Finally, BTIG Research reaffirmed a “buy” rating and set a $155.00 price objective on shares of Prologis in a research report on Wednesday. Thirteen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, Prologis has an average rating of “Moderate Buy” and a consensus price target of $138.16.

Prologis Price Performance

Shares of PLD opened at $139.73 on Thursday. The firm has a market cap of $130.26 billion, a PE ratio of 39.36, a P/E/G ratio of 3.26 and a beta of 1.40. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 0.61. The firm has a fifty day simple moving average of $136.01 and a two-hundred day simple moving average of $129.44. Prologis has a 1-year low of $97.10 and a 1-year high of $143.95.

Prologis (NYSE:PLD) last released its earnings results on Thursday, April 16th. The real estate investment trust reported $1.05 EPS for the quarter, topping analysts’ consensus estimates of $0.81 by $0.24. The company had revenue of $2.30 billion for the quarter, compared to analysts’ expectations of $2.12 billion. Prologis had a net margin of 37.86% and a return on equity of 5.79%. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. On average, equities analysts anticipate that Prologis will post 5.73 EPS for the current year.

Prologis Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th were issued a dividend of $1.07 per share. This is a boost from Prologis’s previous quarterly dividend of $1.01. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $4.28 annualized dividend and a dividend yield of 3.1%. Prologis’s payout ratio is currently 120.56%.

Key Stories Impacting Prologis

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: Management raised FY?2026 EPS guidance to 6.070–6.230 versus consensus ~4.21, signaling stronger forward earnings power and driving the rally. Prologis Reports First Quarter 2026 Results
• Positive Sentiment: Q1 results beat on key metrics: diluted EPS $1.05 (vs. $0.63 a year ago) and Core FFO $1.50 (vs. $1.42), with record leasing and growth in the data?center platform — supports the stronger guidance. Prologis Reports First Quarter 2026 Results
• Positive Sentiment: BTIG reaffirmed a buy rating and set a $155 price target, reinforcing analyst support that may sustain investor demand. BTIG Reaffirms Buy on Prologis
• Positive Sentiment: Wells Fargo also remains constructive on PLD, another vote of confidence from the sell?side that can help underpin the stock. Wells Fargo Remains a Buy on Prologis (PLD)
• Neutral Sentiment: Jefferies trimmed its price target slightly (from $157 to $155) but kept a buy rating — a minor signal that upside expectations persist despite conservative PT modeling. Jefferies Adjusts Price Target on Prologis to $155
• Neutral Sentiment: Preview and sector pieces (Zacks / Yahoo) noted a steadier industrial market and flagged seasonal occupancy dynamics — useful context but not new catalysts. Prologis Q1 2026 Preview
• Neutral Sentiment: Industry/peers news and ETF writeups (e.g., Vanguard/REIT coverage, Terreno development) may influence flows into REITs broadly but are peripheral to PLD’s company?specific beats. 3 Best Vanguard Dividend ETFs for Reliable Passive Income in 2026

Institutional Trading of Prologis

Hedge funds have recently made changes to their positions in the business. Acumen Wealth Advisors LLC purchased a new stake in Prologis in the 4th quarter worth about $39,000. Rossby Financial LCC raised its position in Prologis by 41.9% in the 4th quarter. Rossby Financial LCC now owns 467 shares of the real estate investment trust’s stock worth $60,000 after purchasing an additional 138 shares during the period. Kemnay Advisory Services Inc. purchased a new stake in Prologis in the 4th quarter worth about $67,000. Truvestments Capital LLC raised its position in Prologis by 11.4% in the 4th quarter. Truvestments Capital LLC now owns 990 shares of the real estate investment trust’s stock worth $126,000 after purchasing an additional 101 shares during the period. Finally, Prosperity Bancshares Inc purchased a new stake in Prologis in the 4th quarter worth about $131,000. 93.50% of the stock is currently owned by hedge funds and other institutional investors.

About Prologis

Prologis, Inc is a real estate investment trust (REIT) specializing in logistics and distribution facilities. The company focuses on acquiring, developing, and managing high-quality industrial real estate assets that support supply chain infrastructure for third-party logistics providers, e-commerce businesses, retailers and manufacturers. Its portfolio primarily consists of warehouse and distribution centers designed to optimize goods movement and storage near key transportation hubs.

With a global presence, Prologis serves customers across the Americas, Europe and Asia Pacific.