Evercore ISI Forecasts Strong Price Appreciation for Prologis (NYSE:PLD) Stock

Prologis (NYSE:PLD) had its target price increased by analysts at Evercore ISI from $118.00 to $121.00 in a research note issued to investors on Thursday, Marketbeat reports. The firm presently has an “in-line” rating on the real estate investment trust’s stock. Evercore ISI’s price target points to a potential downside of 5.83% from the company’s current price.

PLD has been the topic of a number of other research reports. Scotiabank upgraded Prologis from a “sector perform” rating to a “sector outperform” rating and boosted their price target for the stock from $133.00 to $146.00 in a research note on Wednesday, January 14th. Industrial Alliance Securities set a $119.00 price objective on shares of Prologis in a research note on Monday, October 20th. BTIG Research raised their target price on Prologis from $134.00 to $155.00 and gave the stock a “buy” rating in a research note on Wednesday, December 31st. Wells Fargo & Company raised their target price on shares of Prologis from $120.00 to $139.00 and gave the stock an “overweight” rating in a report on Monday, October 27th. Finally, Argus raised their target price on Prologis from $128.00 to $135.00 and gave the company a “buy” rating in a research report on Thursday. Twelve equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $133.53.

Prologis Stock Down 2.0%

Shares of NYSE PLD traded down $2.65 during mid-day trading on Thursday, reaching $128.49. 901,700 shares of the company were exchanged, compared to its average volume of 3,389,257. Prologis has a 1 year low of $85.35 and a 1 year high of $134.94. The firm has a 50-day moving average of $128.24 and a 200 day moving average of $118.98. The stock has a market cap of $119.35 billion, a price-to-earnings ratio of 37.48, a P/E/G ratio of 3.82 and a beta of 1.40. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 0.62.

Prologis (NYSE:PLD) last released its quarterly earnings results on Wednesday, January 21st. The real estate investment trust reported $1.44 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.44. The business had revenue of $2.25 billion for the quarter, compared to analysts’ expectations of $2.09 billion. Prologis had a net margin of 36.71% and a return on equity of 5.55%. The company’s revenue was up 7.8% compared to the same quarter last year. During the same period last year, the business earned $1.42 EPS. Prologis has set its FY 2026 guidance at 6.000-6.200 EPS. On average, research analysts expect that Prologis will post 5.73 earnings per share for the current year.

Insiders Place Their Bets

In other Prologis news, Director James B. Connor sold 80,000 shares of Prologis stock in a transaction dated Friday, October 24th. The stock was sold at an average price of $126.58, for a total value of $10,126,400.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Cristina Gabriela Bita sold 621 shares of the stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $127.60, for a total transaction of $79,239.60. Following the sale, the director directly owned 8,208 shares in the company, valued at $1,047,340.80. This represents a 7.03% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 81,121 shares of company stock valued at $10,267,210 over the last ninety days. Insiders own 0.57% of the company’s stock.

Institutional Investors Weigh In On Prologis

Several large investors have recently added to or reduced their stakes in the business. Peddock Capital Advisors LLC grew its stake in shares of Prologis by 3.1% in the fourth quarter. Peddock Capital Advisors LLC now owns 2,651 shares of the real estate investment trust’s stock worth $338,000 after acquiring an additional 80 shares in the last quarter. Whittier Trust Co. of Nevada Inc. grew its stake in Prologis by 0.5% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 16,583 shares of the real estate investment trust’s stock worth $1,941,000 after purchasing an additional 82 shares in the last quarter. Foster Dykema Cabot & Partners LLC increased its holdings in Prologis by 1.0% during the 3rd quarter. Foster Dykema Cabot & Partners LLC now owns 8,232 shares of the real estate investment trust’s stock worth $943,000 after purchasing an additional 83 shares during the period. Cornerstone Advisory LLC raised its position in Prologis by 2.4% in the 3rd quarter. Cornerstone Advisory LLC now owns 3,535 shares of the real estate investment trust’s stock valued at $405,000 after purchasing an additional 84 shares in the last quarter. Finally, Pallas Capital Advisors LLC grew its position in shares of Prologis by 0.3% during the fourth quarter. Pallas Capital Advisors LLC now owns 26,350 shares of the real estate investment trust’s stock worth $3,364,000 after buying an additional 85 shares in the last quarter. 93.50% of the stock is owned by hedge funds and other institutional investors.

Key Prologis News

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: Q4 revenue beat and robust leasing — Prologis reported Q4 revenue of $2.25B (above consensus) and highlighted record lease signings in 2025, signaling durable demand from e-commerce and consumer-goods customers, which supports future rental growth. Prologis Reports Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: Raised FY2026 guidance — Management issued EPS guidance of $6.00–$6.20 for FY2026, materially above prior consensus, implying stronger forward earnings power and supporting multiple expansion. Earnings / Guidance Details
• Positive Sentiment: FFO beat — Core FFO per share beat expectations (reported $1.49 vs. $1.44 Zacks consensus), reinforcing the quality of earnings and cash flow generation. Prologis (PLD) Q4 FFO Beat Estimates
• Positive Sentiment: Analyst support — Truist raised its PLD price target to $142 and Wells Fargo initiated/maintained a Buy, adding upward pressure as analysts cite the stronger leasing backdrop and improved outlook. Truist Raises Prologis Price Target Wells Fargo Buy
• Neutral Sentiment: Conference call emphasizes durable pipeline — Management highlighted a strong growth pipeline (including expanded power capacity for data centers), reinforcing secular drivers but requiring execution. Earnings Call Highlights
• Neutral Sentiment: Related J-REIT transaction update — Japan Logistics Fund set prices for asset swaps with Nippon Prologis REIT; this is corporate/partner-level activity with limited direct near-term impact on PLD’s US-listed shares. Japan Logistics Fund Asset Swap
• Negative Sentiment: Interest costs and slight FFO pressure YoY — Analysts note higher interest expenses and a modest YoY dip in quarterly core FFO versus the prior-year quarter, which could weigh on margins if rates remain elevated. Q4 FFO Meets Estimates; Interest Costs Rise

Prologis Company Profile

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.