Prologis, Inc. (PLD)

US — Real Estate Sector
Peers: PSA  STAG  EXR  REXR  IIPR  AVB  EQR  BXP  DLR 

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Key Metrics & Ratings

  • symbol PLD
  • Rev/Share 9.4074
  • Book/Share 61.6965
  • PB 2.2272
  • Debt/Equity 0.6694
  • CurrentRatio 0.6142
  • ROIC 0.0403

 

  • MktCap 117298580607.0
  • FreeCF/Share 5.569
  • PFCF 22.6762
  • PE 36.6148
  • Debt/Assets 0.3612
  • DivYield 0.0316
  • ROE 0.0602

 

  • Rating C
  • Score 2
  • Recommendation Sell
  • P/E Score 2
  • DCF Score 4
  • P/B Score 1
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Upgrade PLD BMO Capital Markets Underperform Market Perform -- $119 Oct. 20, 2025
Upgrade PLD BofA Securities Neutral Buy -- $130 Sept. 16, 2025
Upgrade PLD Scotiabank Sector Underperform Sector Perform -- $114 Aug. 27, 2025
Upgrade PLD Mizuho Neutral Outperform -- $118 Aug. 19, 2025
Downgrade PLD Wolfe Research Outperform Peer Perform -- -- April 21, 2025
Downgrade PLD Scotiabank Sector Perform Sector Underperform -- $97 April 7, 2025
Downgrade PLD Raymond James Outperform Market Perform -- -- Feb. 3, 2025
Upgrade PLD Robert W. Baird Neutral Outperform $124 $123 Jan. 6, 2025
Downgrade PLD Raymond James Strong Buy Outperform $130 $125 Dec. 11, 2024
Downgrade PLD BMO Capital Markets Market Perform Underperform $120 $104 Dec. 6, 2024

News

Prologis: Don't Get Too Excited (Rating Downgrade)
PLD
Published: October 22, 2025 by: Seeking Alpha
Sentiment: Positive

PLD remains a top holding among REITs, but the value proposition for new investors is less compelling. PLD's stock has experienced volatility, still trading below its 5-year high after interest rate hikes impacted REIT valuations. Since my previous "strong buy" rating, PLD has gained ~19%, driven by robust Q2 and Q3 2025 results.

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image for news Prologis: Don't Get Too Excited (Rating Downgrade)
Prologis Q3 Earnings: Charging Through The Market
PLD
Published: October 17, 2025 by: Seeking Alpha
Sentiment: Positive

Prologis remains a leader in industrial real estate, demonstrating adaptability and strong execution amid a challenging market environment. Prologis posted record Q3 leasing activity, robust data center expansion, and improved portfolio occupancy, supporting continued earnings growth and resilience. Risks include rising credit concerns, elevated industrial vacancy rates, and power constraints for data center projects, but Prologis' scale and diversification help mitigate these threats.

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image for news Prologis Q3 Earnings: Charging Through The Market
Prologis Stock Surges: Why the Rally May Continue
PLD
Published: October 17, 2025 by: MarketBeat
Sentiment: Positive

Prologis Inc. NYSE: PLD stock is up more than 4% in early trading after the real estate investment trust (REIT) delivered a beat-and-raise quarterly earnings report. Revenue of $2.05 billion was about 1% higher than the forecast of $2.03 billion.

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image for news Prologis Stock Surges: Why the Rally May Continue
Prologis Hits Record Leasing As Occupancy Keeps Climbing
PLD
Published: October 16, 2025 by: Benzinga
Sentiment: Positive

Prologis, Inc. (NYSE:PLD) reported third-quarter results that exceeded analyst expectations, reflecting solid operational performance and renewed confidence in its outlook.

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image for news Prologis Hits Record Leasing As Occupancy Keeps Climbing
Why Investors Need to Take Advantage of These 2 Finance Stocks Now
ALL, PLD
Published: October 16, 2025 by: Zacks Investment Research
Sentiment: Positive

Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.

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image for news Why Investors Need to Take Advantage of These 2 Finance Stocks Now
Prologis Q3 FFO Beats Estimates, Rental Revenues Rise Y/Y
PLD
Published: October 15, 2025 by: Zacks Investment Research
Sentiment: Positive

PLD's Q3 FFO beats estimates, benefiting from a rise in rental revenues and healthy leasing activity. However, high interest expenses are a concern.

Read More
image for news Prologis Q3 FFO Beats Estimates, Rental Revenues Rise Y/Y
Prologis (PLD) Boasts Earnings & Price Momentum: Should You Buy?
PLD
Published: October 15, 2025 by: Zacks Investment Research
Sentiment: Positive

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Focus List.

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image for news Prologis (PLD) Boasts Earnings & Price Momentum: Should You Buy?
Prologis (PLD) Reports Q3 Earnings: What Key Metrics Have to Say
PLD
Published: October 15, 2025 by: Zacks Investment Research
Sentiment: Neutral

While the top- and bottom-line numbers for Prologis (PLD) give a sense of how the business performed in the quarter ended September 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

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image for news Prologis (PLD) Reports Q3 Earnings: What Key Metrics Have to Say
Prologis (PLD) Tops Q3 FFO Estimates
PLD
Published: October 15, 2025 by: Zacks Investment Research
Sentiment: Positive

Prologis (PLD) came out with quarterly funds from operations (FFO) of $1.49 per share, beating the Zacks Consensus Estimate of $1.44 per share. This compares to FFO of $1.43 per share a year ago.

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image for news Prologis (PLD) Tops Q3 FFO Estimates
Can Prologis Sustain Its Growth Momentum in Q3 Amid Market Pressures?
PLD
Published: October 14, 2025 by: Zacks Investment Research
Sentiment: Neutral

PLD's strategic locations and targeted developments are likely to have fueled its Q3 growth despite rising interest costs and occupancy pressure.

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image for news Can Prologis Sustain Its Growth Momentum in Q3 Amid Market Pressures?
O vs. PLD: Which Real Estate Giant Offers Better Long-Term Growth?
O, PLD
Published: October 10, 2025 by: Zacks Investment Research
Sentiment: Positive

Prologis' expansion into data centers and logistics gives it a powerful growth edge over Realty Income's steady dividend model.

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image for news O vs. PLD: Which Real Estate Giant Offers Better Long-Term Growth?
Unlocking Q3 Potential of Prologis (PLD): Exploring Wall Street Estimates for Key Metrics
PLD
Published: October 10, 2025 by: Zacks Investment Research
Sentiment: Neutral

Get a deeper insight into the potential performance of Prologis (PLD) for the quarter ended September 2025 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.

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image for news Unlocking Q3 Potential of Prologis (PLD): Exploring Wall Street Estimates for Key Metrics
5 Reasons to Add Prologis Stock to Your Portfolio Right Now
PLD
Published: October 09, 2025 by: Zacks Investment Research
Sentiment: Positive

PLD's strong fundamentals, strategic data center push and steady dividend growth make it a compelling REIT pick for 2025.

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image for news 5 Reasons to Add Prologis Stock to Your Portfolio Right Now
Is it Wise to Retain Prologis Stock in Your Portfolio Now?
PLD
Published: October 06, 2025 by: Zacks Investment Research
Sentiment: Positive

PLD leverages prime logistics hubs and data center conversions for growth, though leasing delays and rising interest expenses could temper momentum.

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image for news Is it Wise to Retain Prologis Stock in Your Portfolio Now?
Prologis exec explains why the company has an edge in the red-hot data center space
PLD
Published: September 29, 2025 by: Business Insider
Sentiment: Positive

Prologis, one of the largest warehouse owners in the US, is now building data centers. Susan Uthayakumar, an exec at the company, explained the advantages Prologis has against competitors.

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image for news Prologis exec explains why the company has an edge in the red-hot data center space
Earnings Growth & Price Strength Make Prologis (PLD) a Stock to Watch
PLD
Published: September 15, 2025 by: Zacks Investment Research
Sentiment: Positive

Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Focus List, a top feature of the Zacks Premium portfolio service.

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image for news Earnings Growth & Price Strength Make Prologis (PLD) a Stock to Watch
Prologis, Inc. (PLD) Presents At BofA Securities 2025 Global Real Estate Conference (Transcript)
PLD
Published: September 10, 2025 by: Seeking Alpha
Sentiment: Neutral

Prologis, Inc. (NYSE:PLD ) BofA Securities 2025 Global Real Estate Conference September 10, 2025 9:35 AM EDT Company Participants Timothy Arndt - Chief Financial Officer Conference Call Participants Unknown Attendee Presentation Unknown Analyst Why don't we get started here. So welcome to the Prologis roundtable this morning.

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image for news Prologis, Inc. (PLD) Presents At BofA Securities 2025 Global Real Estate Conference (Transcript)
What If Everyone Is Wrong About REITs? Here's My Contrarian View
BIZD, IYRI, JAAA, MAA, O, PFF, PLD, RNP, RQI, VNQ
Published: September 10, 2025 by: Seeking Alpha
Sentiment: Positive

Interest rates are very likely set to go down. This creates a fruitful ground for REIT bulls to become optimistic. Yet, there is an important caveat to this.

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image for news What If Everyone Is Wrong About REITs? Here's My Contrarian View
Prologis (PLD) Declines More Than Market: Some Information for Investors
PLD
Published: August 21, 2025 by: Zacks Investment Research
Sentiment: Neutral

Prologis (PLD) closed the most recent trading day at $108.39, moving 1.62% from the previous trading session.

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image for news Prologis (PLD) Declines More Than Market: Some Information for Investors
The Only 2 Places I'd Put Big Money For Income And Growth Right Now
ADC, AM, APO, BIP, BIPC, BN, CAT, CMI, CNI, CP, CSX, ENB, EPRT, ET, IGF, LINE, MPLX, NEE, NNN, O, OKE, OWL, PLD, REXR, TRP
Published: August 18, 2025 by: Seeking Alpha
Sentiment: Positive

I hunt investments that combine safety, income, and growth, avoiding hype and focusing on long-term, high-quality opportunities. Some areas are unloved and undervalued, offering income, potential growth, and protection against inflation, perfect for patient investors. I seek places with professional management, liquidity, and dual potential, giving me both steady income and the chance for capital gains.

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image for news The Only 2 Places I'd Put Big Money For Income And Growth Right Now
Prologis: The Stars Have Not Yet Aligned
PLD
Published: August 06, 2025 by: Seeking Alpha
Sentiment: Positive

Prologis' valuation has normalized post-ZIRP. Q2-2025 results showed solid core FFO and guidance improvements. Occupancy remains soft at 95%, and oversupply from recent years still weighs on near-term recovery prospects despite management's optimism.

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image for news Prologis: The Stars Have Not Yet Aligned
Powell Pressured As Inflation Cools
ARE, BBRE, DRN, DRV, FR, FREL, FRI, ICF, IYR, JRS, KBWY, LAND, NRO, NXRT, PLD, PPTY, PSA, PSR, REIT, REK, REXR, RFI, RNP, RQI, RWR
Published: July 20, 2025 by: Seeking Alpha
Sentiment: Positive

U.S. equity markets climbed to fresh record-highs this week after a critical slate of inflation data showed that tariff-driven inflation remains muted, while rumors of a potential Powell termination swirled. Supported by data this week showing that core inflation cooled to its slowest pace in over three years, the White House reignited the heat on the head of the Fed. Rebounding from modest declines last week, the S&P 500 advanced 0.6%, notching record highs in three of the past four weeks following a five-month drought.

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image for news Powell Pressured As Inflation Cools
Dividend Growth Is My Antidote To Uncertainty
ARKK, ARTNA, CGDG, CGDV, CHAT, DGRO, DGRW, EGP, HDV, ICSH, IVT, MLPX, PLD, PR, PSA, REXR, RSP, SCHD, TBG, VIG, VYM
Published: July 19, 2025 by: Seeking Alpha
Sentiment: Positive

In an uncertain market, I stick to five core investing principles: stay the course, specialize, diversify, trust proven experts, and keep some cash. Dividend growth investing (DGI) remains my strategy, with a focus on reliable cash flow compounding and growing dividends to eventually replace labor income. I diversify beyond my real estate core by blending passive DGI ETFs and selecting active ETFs with proven outperformance.

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image for news Dividend Growth Is My Antidote To Uncertainty
Green Bond Issuance By U.S. REITs Down In H1 2025
ARE, BXP, DLR, EQIX, PLD
Published: July 17, 2025 by: Seeking Alpha
Sentiment: Negative

Green bond issuance by US equity real estate investment trusts subsided in the first half of 2025, according to an S&P Global Market Intelligence analysis. Datacenter REIT Equinix was the sole US REIT to issue green bonds in the first half, raising roughly $1.67 billion through two euro-denominated offerings. Since 2018, 25 US REITs have issued green bonds, totaling $42.67 billion in proceeds.

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image for news Green Bond Issuance By U.S. REITs Down In H1 2025
Prologis, Inc. (PLD) Q2 2025 Earnings Call Transcript
PLD
Published: July 16, 2025 by: Seeking Alpha
Sentiment: Neutral

Prologis, Inc. (NYSE:PLD ) Q2 2025 Earnings Conference Call July 16, 2025 12:00 PM ET Company Participants Abhishek Castilla - Director of Investor Relations Christopher N. Caton - Senior VP & Global Head of Research Daniel Stephen Letter - President & Director Hamid R.

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image for news Prologis, Inc. (PLD) Q2 2025 Earnings Call Transcript
Prologis Boosts 2025 Outlook on Growth
PLD
Published: July 16, 2025 by: The Motley Fool
Sentiment: Positive

Real estate investment trust (REIT) giant Prologis (PLD 1.27%) reported its Q2 2025 earnings on Wednesday, July 16, reporting core FFO of $1.46 per share and occupancy at 95.1%, exceeding internal forecasts despite muted market absorption and modestly rising vacancies. Development starts reached a record $1.1 billion in the first half of 2025, with robust build-to-suit and data center momentum, prompting management to raise core FFO guidance to $5.75–$5.85 per share for FY2025 -- up $0.45 at the midpoint -- and increase development start guidance to $2.25–$2.75 billion for 2025.

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image for news Prologis Boosts 2025 Outlook on Growth
Prologis Ramps Up Plans for New Warehouse Construction
PLD
Published: July 16, 2025 by: WSJ
Sentiment: Positive

The industrial property developer is seeing growing demand for space built specifically for a particular tenant.

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image for news Prologis Ramps Up Plans for New Warehouse Construction
Prologis' Q2 FFO Beat Estimates, Rental Revenues Rise Y/Y
PLD
Published: July 16, 2025 by: Zacks Investment Research
Sentiment: Positive

PLD's Q2 FFO beat estimates, benefiting from a rise in rental revenues and healthy leasing activity. However, high interest expenses are a concern.

Read More
image for news Prologis' Q2 FFO Beat Estimates, Rental Revenues Rise Y/Y
Prologis (PLD) Reports Q2 Earnings: What Key Metrics Have to Say
PLD
Published: July 16, 2025 by: Zacks Investment Research
Sentiment: Positive

The headline numbers for Prologis (PLD) give insight into how the company performed in the quarter ended June 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Read More
image for news Prologis (PLD) Reports Q2 Earnings: What Key Metrics Have to Say
Prologis (PLD) Tops Q2 FFO and Revenue Estimates
PLD
Published: July 16, 2025 by: Zacks Investment Research
Sentiment: Positive

Prologis (PLD) came out with quarterly funds from operations (FFO) of $1.46 per share, beating the Zacks Consensus Estimate of $1.41 per share. This compares to FFO of $1.34 per share a year ago.

Read More
image for news Prologis (PLD) Tops Q2 FFO and Revenue Estimates

About Prologis, Inc. (PLD)

  • IPO Date 1997-11-21
  • Website https://www.prologis.com
  • Industry REIT - Industrial
  • CEO Hamid R. Moghadam
  • Employees 2703

Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of December 31, 2020, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 984 million square feet (91 million square meters) in 19 countries. Prologis leases modern logistics facilities to a diverse base of approximately 5,500 customers principally across two major categories: business-to-business and retail/online fulfillment.