Prologis’ (PLD) “Buy” Rating Reaffirmed at BTIG Research

Prologis (NYSE:PLD)‘s stock had its “buy” rating reissued by equities research analysts at BTIG Research in a research report issued on Friday, Benzinga reports. They currently have a $170.00 price target on the real estate investment trust’s stock. BTIG Research’s price objective indicates a potential upside of 35.30% from the stock’s previous close.

Several other analysts also recently weighed in on PLD. Wall Street Zen upgraded shares of Prologis from a “sell” rating to a “hold” rating in a research report on Saturday, July 18th. Royal Bank Of Canada upgraded shares of Prologis from a “sector perform” rating to an “outperform” rating and upped their price target for the company from $148.00 to $160.00 in a research report on Tuesday, August 4th. Wells Fargo & Company reduced their price target on shares of Prologis from $167.00 to $166.00 and set an “overweight” rating for the company in a research report on Tuesday, September 1st. Mizuho upped their price target on shares of Prologis from $150.00 to $159.00 and gave the company an “outperform” rating in a research report on Friday, July 17th. Finally, Truist Financial upped their price target on shares of Prologis from $154.00 to $162.00 and gave the company a “buy” rating in a research report on Tuesday, July 21st. Seventeen analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, Prologis presently has a consensus rating of “Moderate Buy” and a consensus price target of $153.82.

Prologis Stock Down 1.0%

Prologis stock traded down $1.29 during trading on Friday, reaching $125.65. The stock had a trading volume of 5,791,592 shares, compared to its average volume of 3,798,778. Prologis has a 52-week low of $121.17 and a 52-week high of $153.35. The business has a 50 day moving average price of $135.94 and a 200 day moving average price of $139.94. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.63. The stock has a market cap of $117.24 billion, a PE ratio of 27.98 and a beta of 1.31.

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

Hedge Funds Weigh In On Prologis

Several institutional investors have recently bought and sold shares of PLD. Solstein Capital LLC acquired a new position in shares of Prologis during the 2nd quarter worth $25,000. Manning & Napier Advisors LLC purchased a new position in Prologis in the 2nd quarter valued at approximately $25,000. Clearstead Trust LLC acquired a new stake in Prologis in the 2nd quarter valued at about $28,000. Johnson Financial Group Inc. acquired a new stake in Prologis in the 2nd quarter valued at about $29,000. Finally, Kilter Group LLC acquired a new stake in Prologis in the 2nd quarter valued at about $31,000. 93.50% of the stock is owned by institutional investors and hedge funds.

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 approximately $1.58 consensus estimate, while revenue rose 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 again increased its development-start forecast, citing healthy demand from e-commerce, data centers and logistics users. Replacement-cost rents are reportedly 27% above current market rents, supporting longer-term rent growth potential. PLD Q3 Earnings Call Highlights
• Positive Sentiment: BTIG reaffirmed a Buy rating and assigned a $170 price target, arguing that the recent selloff creates an attractive entry point. The firm cited Prologis’ strong funds-from-operations base, capital flexibility and external-growth pipeline. Prologis Analyst Touts Ample Defenses
• Negative Sentiment: The company narrowed its 2026 earnings guidance to $6.25–$6.29 per share, despite the quarterly beat. Investors also remain concerned that rate volatility could weaken development returns and that a 5.8-gigawatt data-center pipeline may increase exposure to supply, tenant and execution risks. Data-center-related tenants represented about 17% of U.S. leasing. Prologis Cuts 2026 Guidance

About Prologis

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.