Prologis’ (PLD) Buy Rating Reiterated at BTIG Research

Prologis (NYSE:PLD)‘s stock had its “buy” rating reiterated by analysts at BTIG Research in a research note issued on Friday, Benzinga reports. They presently have a $170.00 price objective on the real estate investment trust’s stock. BTIG Research’s price objective would indicate a potential upside of 33.52% from the stock’s previous close.

Several other brokerages have also recently weighed in on PLD. Barclays upped their target price on Prologis from $139.00 to $156.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. Scotiabank raised shares of Prologis from a “sector perform” rating to a “sector outperform” rating and set a $150.00 price objective for the company in a research note on Tuesday. Weiss Ratings cut shares of Prologis from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, August 26th. Mizuho lifted their price objective on shares of Prologis from $150.00 to $159.00 and gave the company an “outperform” rating in a report on Friday, July 17th. Finally, Robert W. Baird set a $140.00 target price on Prologis in a report on Friday, July 31st. Seventeen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $154.52.

Prologis Trading Up 0.3%

Shares of NYSE:PLD traded up $0.38 during trading on Friday, reaching $127.32. 1,374,685 shares of the company were exchanged, compared to its average volume of 3,775,831. The business’s fifty day simple moving average is $135.94 and its 200-day simple moving average is $139.94. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.70 and a quick ratio of 0.70. Prologis has a 12-month low of $121.17 and a 12-month high of $153.35. The firm has a market capitalization of $118.80 billion, a PE ratio of 28.38 and a beta of 1.31.

Prologis (NYSE:PLD) last announced its quarterly earnings results on Thursday, October 15th. The real estate investment trust reported $1.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.78 by $0.82. Prologis had a return on equity of 7.29% and a net margin of 45.79%. The firm had revenue of $2.39 billion during the quarter, compared to analyst estimates of $2.18 billion. During the same quarter in the previous year, the business earned $1.49 earnings per share. Prologis’s quarterly 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, research analysts anticipate that Prologis will post 6.27 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. Manning & Napier Advisors LLC acquired a new stake in Prologis in the second quarter valued at approximately $25,000. Solstein Capital LLC purchased a new position in Prologis in the second quarter worth $25,000. Clearstead Trust LLC purchased a new position in Prologis in the second quarter worth $28,000. Johnson Financial Group Inc. acquired a new position in shares of Prologis during the second quarter worth $29,000. Finally, Kilter Group LLC acquired a new position in shares of Prologis during the second quarter worth $31,000. Hedge funds and other institutional investors own 93.50% of the company’s stock.

More 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 $1.58 consensus estimate and up from $1.49 a year earlier. Revenue rose 7.8% to $2.39 billion, supported by higher rental revenue. Prologis Q3 FFO and Revenues Top Estimates
• Positive Sentiment: Leasing fundamentals remained strong: portfolio occupancy was 95.4% on average, while Prologis’s share of net effective rent change reached 38%. Management also raised its 2026 same-store growth outlook as rents recover. PLD Q3 Earnings Call Highlights Rent Recovery and Rate Risks
• Positive Sentiment: Demand from e-commerce, logistics and data centers is supporting growth. Prologis started $1.02 billion of development projects during the quarter and has a reported 5.8-gigawatt data-center pipeline. Prologis Tops Q3 Estimates and Raises Development Starts Forecast
• Positive Sentiment: BTIG reaffirmed a Buy rating and assigned a $170 price target, citing strong FFO, capital flexibility and an external-growth pipeline. Prologis Earns Buy Rating
• Neutral Sentiment: Prologis set a relatively tight 2026 EPS outlook of $6.25 to $6.29, essentially in line with the $6.27 analyst consensus. Separate reports characterized the update as a guidance cut, creating some uncertainty despite the quarterly beat. Prologis Tops Third Quarter Estimates on Strong Demand
• Negative Sentiment: Revenue reportedly fell short of some estimates, and management warned that rate volatility could pressure development returns. Higher expenses and slower rent growth remain risks for future earnings. Prologis Sees Healthy Warehouse Demand

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.