Prologis (NYSE:PLD) Given Buy Rating at BTIG Research

Prologis (NYSE:PLD)‘s stock had its “buy” rating restated by BTIG Research in a research note issued to investors on Friday, Benzinga reports. They presently have a $170.00 price objective on the real estate investment trust’s stock. BTIG Research’s price target would indicate a potential upside of 33.17% from the company’s current price.

Other equities research analysts have also issued reports about the company. Scotiabank raised Prologis from a “sector perform” rating to a “sector outperform” rating and set a $150.00 target price on the stock in a research report on Tuesday. Robert W. Baird set a $140.00 price target on shares of Prologis in a research report on Friday, July 31st. BMO Capital Markets dropped their price objective on shares of Prologis from $162.00 to $158.00 and set an “outperform” rating on the stock in a report on Monday, June 29th. Weiss Ratings cut shares of Prologis from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, August 26th. Finally, Mizuho lifted their price objective 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. Seventeen analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $154.52.

Prologis Stock Performance

Shares of NYSE:PLD traded up $0.72 during trading on Friday, hitting $127.66. 1,186,795 shares of the company traded hands, compared to its average volume of 3,774,324. 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 business’s fifty day moving average is $135.94 and its 200-day moving average is $139.94. The stock has a market capitalization of $119.11 billion, a price-to-earnings ratio of 28.43 and a beta of 1.31. Prologis has a one year low of $121.17 and a one year high of $153.35.

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, topping the consensus estimate of $0.78 by $0.82. Prologis had a return on equity of 7.29% and a net margin of 45.79%. The business had revenue of $2.39 billion for the quarter, compared to the consensus estimate of $2.18 billion. During the same quarter last year, the business posted $1.49 EPS. The business’s revenue was up 7.8% on a year-over-year basis. Prologis has set its FY 2026 guidance at 6.250-6.290 EPS. As a group, equities analysts predict that Prologis will post 6.27 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of PLD. Baird Financial Group Inc. increased its stake in shares of Prologis by 20.6% during the second quarter. Baird Financial Group Inc. now owns 122,809 shares of the real estate investment trust’s stock valued at $16,637,000 after acquiring an additional 21,000 shares during the period. Callan Family Office LLC acquired a new stake in Prologis in the second quarter worth approximately $3,394,000. BlackRock Inc. bought a new position in Prologis during the 2nd quarter valued at $14,006,587,000. Nykredit A S bought a new position in Prologis during the 2nd quarter valued at $40,490,000. Finally, AssuredPartners Investment Advisors LLC bought a new position in Prologis during the 2nd quarter valued at $3,436,000. 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 $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.