Prologis (NYSE:PLD) Stock Rating Reaffirmed as “Buy” by BTIG Research

Prologis (NYSE:PLD)‘s stock had its “buy” rating reaffirmed by equities researchers at BTIG Research in a report released 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 would suggest a potential upside of 34.16% from the company’s previous close.

Other research analysts also recently issued reports about the stock. Mizuho lifted their target price on shares of Prologis from $150.00 to $159.00 and gave the stock an “outperform” rating in a research report on Friday, July 17th. Royal Bank Of Canada raised 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 objective on Prologis from $167.00 to $166.00 and set an “overweight” rating for the company in a research note on Tuesday, September 1st. Wall Street Zen raised Prologis from a “sell” rating to a “hold” rating in a research note on Saturday, July 18th. Finally, 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 research note on Tuesday. Seventeen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, Prologis has an average rating of “Moderate Buy” and a consensus price target of $153.82.

Prologis Trading Down 0.2%

Shares of Prologis stock traded down $0.23 on Friday, reaching $126.71. 1,758,081 shares of the company were exchanged, compared to its average volume of 3,776,942. Prologis has a fifty-two week low of $121.17 and a fifty-two week high of $153.35. The firm has a market capitalization of $118.23 billion, a price-to-earnings ratio of 28.21 and a beta of 1.31. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.63. The stock has a fifty day moving average price of $135.94 and a 200-day moving average price of $139.94.

Prologis (NYSE:PLD) last posted its quarterly earnings data on Thursday, October 15th. The real estate investment trust reported $1.60 EPS for the quarter, beating analysts’ consensus estimates of $0.78 by $0.82. The company had revenue of $2.39 billion during the quarter, compared to analyst estimates of $2.18 billion. Prologis had a net margin of 45.79% and a return on equity of 7.29%. The business’s quarterly revenue was up 7.8% on a year-over-year basis. During the same period in the prior 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 expect that Prologis will post 6.27 EPS for the current year.

Institutional Trading of Prologis

A number of institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new stake in Prologis in the 2nd quarter worth approximately $14,006,587,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Prologis by 4.4% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 14,753,884 shares of the real estate investment trust’s stock worth $1,998,709,000 after purchasing an additional 618,467 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Prologis by 1.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 11,565,453 shares of the real estate investment trust’s stock worth $1,528,636,000 after purchasing an additional 110,681 shares during the last quarter. Legal & General Group Plc acquired a new stake in Prologis in the 2nd quarter worth approximately $1,473,965,000. Finally, Bank of America Corp DE acquired a new stake in Prologis in the 2nd quarter worth approximately $1,427,256,000. 93.50% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Prologis

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

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.