Prologis (NYSE:PLD) Stock Keeps “Buy” Rating at BTIG Research

Prologis (NYSE:PLD)‘s stock had its “buy” rating reiterated by investment 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 target points to a potential upside of 33.30% from the stock’s previous close.

Several other equities research analysts also recently issued reports on the stock. BMO Capital Markets lowered their price objective on shares of Prologis from $162.00 to $158.00 and set an “outperform” rating for the company in a research report on Monday, June 29th. Mizuho increased their price objective 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 shares of Prologis from a “sector perform” rating to an “outperform” rating and increased their price objective for the stock from $148.00 to $160.00 in a research report on Tuesday, August 4th. Wells Fargo & Company lowered their price objective 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. Finally, Robert W. Baird set a $140.00 price objective on shares of Prologis in a research report on Friday, July 31st. Seventeen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, Prologis presently has an average rating of “Moderate Buy” and a consensus price target of $154.52.

Prologis Trading Up 0.5%

NYSE:PLD traded up $0.59 during trading hours on Friday, hitting $127.53. The stock had a trading volume of 723,255 shares, compared to its average volume of 3,771,891. Prologis has a one year low of $121.17 and a one year high of $153.35. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.70 and a current ratio of 0.70. The company has a market cap of $119.00 billion, a price-to-earnings ratio of 28.43 and a beta of 1.31. The business’s 50 day moving average is $135.94 and its 200-day moving average is $139.94.

Prologis (NYSE:PLD) last issued its quarterly earnings data 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 net margin of 45.79% and a return on equity of 7.29%. The company had revenue of $2.39 billion during the quarter, compared to the consensus estimate of $2.18 billion. During the same quarter in the prior year, the firm earned $1.49 earnings per share. The firm’s revenue was up 7.8% compared to the same quarter last year. Prologis has set its FY 2026 guidance at 6.250-6.290 EPS. Sell-side analysts anticipate that Prologis will post 6.27 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. BlackRock Inc. acquired a new position in Prologis during the second quarter valued at approximately $14,006,587,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Prologis by 4.4% during the second 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 valued at $1,998,709,000 after purchasing an additional 618,467 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Prologis by 1.0% during the first quarter. Dimensional Fund Advisors LP now owns 11,565,453 shares of the real estate investment trust’s stock valued at $1,528,636,000 after purchasing an additional 110,681 shares during the last quarter. Legal & General Group Plc acquired a new position in Prologis during the second quarter valued at approximately $1,473,965,000. Finally, Bank of America Corp DE acquired a new position in Prologis during the second quarter valued at approximately $1,427,256,000. 93.50% of the stock is owned by institutional investors and hedge funds.

Key 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, above the $1.58 analyst estimate and up from $1.49 a year earlier. Revenue rose 7.8% to approximately $2.39 billion, while portfolio occupancy remained high at 95.4%. Prologis Q3 FFO and Revenues Top Estimates
• Positive Sentiment: Demand remains healthy, particularly from data centers, e-commerce and logistics customers. Prologis reported a 38% share net effective rent change and restarted more than $1 billion of development projects, supporting its longer-term growth outlook. Prologis Sees Healthy Warehouse Demand
• Positive Sentiment: BTIG Research reaffirmed its Buy rating and set a $170 price target, citing strong FFO, financial flexibility and an external growth pipeline. Scotiabank also recently upgraded the stock to Outperform with a $150 target. Prologis Earns Buy Rating
• Neutral Sentiment: Management narrowed its 2026 EPS guidance to $6.25–$6.29, essentially bracketing the $6.27 consensus estimate. This reduces uncertainty but offers limited near-term upside. Prologis Reports Third Quarter 2026 Results
• Negative Sentiment: The market focused on Prologis cutting or narrowing portions of its full-year 2026 outlook, while quarterly revenue reportedly fell short of some estimates. Higher expenses and slower rent growth also temper the otherwise strong FFO and leasing results, explaining the weaker share performance. Prologis Cuts 2026 Guidance Despite Q3 Earnings Beat

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.