Prologis, Inc. (PLD)

US — Real Estate Sector
Peers: WELL  AMT  PSA  EQIX  EXR  DLR  EGP  SPG 

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Key Metrics & Ratings

  • symbol PLD
  • Rev/Share 9.3671
  • Book/Share 61.5447
  • PB 2.3788
  • Debt/Equity 0.6587
  • CurrentRatio 0.2274
  • ROIC 0.036

 

  • MktCap 125248426280.0
  • FreeCF/Share 5.526
  • PFCF 24.1529
  • PE 37.0998
  • Debt/Assets 0.3549
  • DivYield 0.03
  • ROE 0.0643

 

  • Rating B
  • Score 3
  • Recommendation Neutral
  • P/E Score 1
  • DCF Score 4
  • P/B Score 2
  • D/E Score 3

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Upgrade PLD Scotiabank Sector Perform Sector Outperform -- $146 Jan. 14, 2026
Downgrade PLD Robert W. Baird Outperform Neutral -- $130 Jan. 8, 2026
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

News

These 2 Finance Stocks Could Beat Earnings: Why They Should Be on Your Radar
PLD, SPGI
Published: January 29, 2026 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 These 2 Finance Stocks Could Beat Earnings: Why They Should Be on Your Radar
2 Stocks I'd Happily Hold Through Any Stock Market Crash
BRK-A, BRK-B, PLD
Published: January 27, 2026 by: The Motley Fool
Sentiment: Negative

If the stock market crashes, I'm unlikely to sell many, or any, stocks. However, there are some that I'd be especially confident in holding even in a bad crash.

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image for news 2 Stocks I'd Happily Hold Through Any Stock Market Crash
2 of My Favorite Dividend Stocks for the Next 10 Years
EPR, PLD
Published: January 23, 2026 by: The Motley Fool
Sentiment: Positive

EPR Properties has a massive addressable market and is stepping on the gas with its growth plans. Prologis has major cost advantages and is quietly building out its data center portfolio.

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image for news 2 of My Favorite Dividend Stocks for the Next 10 Years
Are Industrial REITs Poised to Grow Amid Recovery in Demand?
FR, ILPT, PLD
Published: January 22, 2026 by: Zacks Investment Research
Sentiment: Positive

Industrial REIT demand is improving as PLD, ILPT, and FR benefit from better leasing and cash flow visibility.

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image for news Are Industrial REITs Poised to Grow Amid Recovery in Demand?
These Analysts Increase Their Forecasts On Prologis After Q4 Results
PLD
Published: January 22, 2026 by: Benzinga
Sentiment: Neutral

Prologis Inc. (NYSE: PLD) reported weak revenue for its fourth quarter on Wednesday.

Read More
image for news These Analysts Increase Their Forecasts On Prologis After Q4 Results
Prologis Revenue Climbs as Warehouse Demand Rebounds
PLD
Published: January 21, 2026 by: WSJ
Sentiment: Positive

World's largest industrial real-estate owner says consumer-goods sellers and e-commerce companies are leasing new space.

Read More
image for news Prologis Revenue Climbs as Warehouse Demand Rebounds
Prologis Q4 FFO Meets Estimates, Rental Revenues Rise Y/Y
PLD
Published: January 21, 2026 by: Zacks Investment Research
Sentiment: Positive

PLD posts Q4 core FFO in line with estimates as rental revenues increase and leasing stays strong. However, higher interest costs weigh on results.

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image for news Prologis Q4 FFO Meets Estimates, Rental Revenues Rise Y/Y
Can Prologis Keep the Winning Streak Alive in Q4 Despite Challenges?
PLD
Published: January 20, 2026 by: Zacks Investment Research
Sentiment: Positive

PLD heads into Q4 earnings after repeated FFO beats, but faces elevated interest expenses.

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image for news Can Prologis Keep the Winning Streak Alive in Q4 Despite Challenges?
MoneyShow's Best Investment Ideas For 2026: Part 7
PFE, PLD, PLG, PM, QUIK, RCAT, RGCCF
Published: January 19, 2026 by: Seeking Alpha
Sentiment: Neutral

MoneyShow presents top investment ideas for 2026 from their contributors. This year's edition presents a mix of metals plays, financial stocks, deep value names, high-octane growth and tech stocks, and beaten-down REITs that offer solid income and turnaround potential. Part 7 of this series includes Pfizer, Philip Morris International, Platinum Group Metals, Prologis and QuickLogic Corp.

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image for news MoneyShow's Best Investment Ideas For 2026: Part 7
Earnings Growth & Price Strength Make Prologis (PLD) a Stock to Watch
PLD
Published: January 15, 2026 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 Earnings Growth & Price Strength Make Prologis (PLD) a Stock to Watch
Prologis (PLD) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates
PLD
Published: January 15, 2026 by: Zacks Investment Research
Sentiment: Neutral

Evaluate the expected performance of Prologis (PLD) for the quarter ended December 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

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image for news Prologis (PLD) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates
I Loved Prologis, But It's Time To Say Goodbye (Downgrade)
PLD
Published: January 14, 2026 by: Seeking Alpha
Sentiment: Neutral

Prologis is downgraded to "Neutral" due to valuation concerns despite strong logistics fundamentals and secular warehouse tailwinds. PLD's core warehouse portfolio boasts a 20% market rent spread, 5.2% YoY same-store NOI growth, and 6% guided core FFO growth for 2025. Management is pivoting toward data centers, targeting $5 billion in annual investment and viewing it as a "generational value creation opportunity."

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image for news I Loved Prologis, But It's Time To Say Goodbye (Downgrade)
O vs. PLD: Which REIT Deserves a Spot in Your Portfolio?
O, PLD
Published: January 14, 2026 by: Zacks Investment Research
Sentiment: Positive

Prologis' leasing momentum, rent growth and data center expansion give it an edge over Realty Income for long-term cash flow growth in 2026.

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image for news O vs. PLD: Which REIT Deserves a Spot in Your Portfolio?
Healthpeak Announces Transaction Activity Amounting $925 Million
DLR, DOC, PLD
Published: January 14, 2026 by: Zacks Investment Research
Sentiment: Neutral

DOC reports $925M in deals, buying a South San Francisco campus for $600M and selling $325M of stabilized outpatient assets.

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image for news Healthpeak Announces Transaction Activity Amounting $925 Million
The State Of REITs: January 2026 Edition
ALEX, AMT, BBRE, DFAR, EQIX, FREL, FRMI, ICF, IYR, JPRE, NETL, NURE, PCH, PLD, PLYM, PPTY, REIT, REZ, RWR, SCHH, SOHO, USRT, VNQ, WELL, WSR
Published: January 14, 2026 by: Seeking Alpha
Sentiment: Negative

The REIT sector closed out 2025 with a tough December (-1.48%) and finishing the year with a -3.57% total return for 2025. Small caps (+0.51%) eked out a small gain in December, while mid caps (-1.77%), large caps (-2.55%) and micro caps (-3.88%) fell at the close of the year. 42.04% of REIT securities had a positive total return in December with only 38.36% in the black for the full year.

Read More
image for news The State Of REITs: January 2026 Edition
Top Equity REIT Stocks to Buy as Market Conditions Improve
ILPT, PLD, PSTL
Published: January 13, 2026 by: Zacks Investment Research
Sentiment: Positive

PLD and two other REITs stand to gain as the demand for industrial, data center and healthcare assets rises, supported by disciplined capital and low rates.

Read More
image for news Top Equity REIT Stocks to Buy as Market Conditions Improve
Is Prologis' 9.1% Three-Month Stock Rally Built to Last?
PLD
Published: January 02, 2026 by: Zacks Investment Research
Sentiment: Positive

PLD shares rise 9.1% in three months as leasing rebounds, occupancy climbs and data center expansion strengthens the logistics REIT's outlook.

Read More
image for news Is Prologis' 9.1% Three-Month Stock Rally Built to Last?
Best REIT Stocks to Buy for Reliable Income Heading Into 2026
CUZ, PLD, SPG
Published: December 30, 2025 by: Zacks Investment Research
Sentiment: Positive

Top REITs like PLD, SPG, and CUZ offer steady dividends and growth potential as 2026 approaches.

Read More
image for news Best REIT Stocks to Buy for Reliable Income Heading Into 2026
Is Prologis (PLD) a Buy as Wall Street Analysts Look Optimistic?
PLD
Published: December 22, 2025 by: Zacks Investment Research
Sentiment: Neutral

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Read More
image for news Is Prologis (PLD) a Buy as Wall Street Analysts Look Optimistic?
Prologis: Logistics Giant, Data Centers Growth, And Its Expensive Preferreds
PLD
Published: December 22, 2025 by: Seeking Alpha
Sentiment: Positive

Prologis' fiscal 2025 third quarter core FFO rose 4.2% year-over-year to $1.49 per share, beating consensus and supporting a 3.2% dividend yield. The expanding data center business has a 5.2 GW power pipeline at the end of the third quarter and represents a major opportunity for growth. PLD's Series Q Preferreds have their call date less than a year from now on 11/13/2026 and are currently trading at a 10% premium to their liquidation value.

Read More
image for news Prologis: Logistics Giant, Data Centers Growth, And Its Expensive Preferreds
Top 3 Equity REITs Worth Buying as Industry Outlook Improves
DLR, PLD, WELL
Published: December 09, 2025 by: Zacks Investment Research
Sentiment: Positive

Welltower, Prologis and Digital Realty are set to gain from rising demand in healthcare, logistics and AI-ready data centers.

Read More
image for news Top 3 Equity REITs Worth Buying as Industry Outlook Improves
5 Reasons to Add Prologis Stock to Your Portfolio Right Now
PLD
Published: December 09, 2025 by: Zacks Investment Research
Sentiment: Positive

PLD's strong fundamentals, expanding data center push and solid balance sheet bolster the case for adding the stock now.

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image for news 5 Reasons to Add Prologis Stock to Your Portfolio Right Now
What's Behind Prologis' 12.9% Surge? Will the Momentum Last?
PLD
Published: December 05, 2025 by: Zacks Investment Research
Sentiment: Positive

PLD's 12.9% rally is fueled by record leasing, stabilizing demand and data center momentum, raising questions on how long the upswing can last.

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image for news What's Behind Prologis' 12.9% Surge? Will the Momentum Last?
Why Prologis (PLD) is a Top Stock for the Long-Term
PLD
Published: December 02, 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.

Read More
image for news Why Prologis (PLD) is a Top Stock for the Long-Term
Is it Wise to Retain Prologis Stock in Your Portfolio Now?
PLD
Published: November 27, 2025 by: Zacks Investment Research
Sentiment: Positive

PLD rallies as demand for its global logistics hubs and data-center conversions drives growth amid leasing delays and elevated interest expenses.

Read More
image for news Is it Wise to Retain Prologis Stock in Your Portfolio Now?
Earnings Growth & Price Strength Make Prologis (PLD) a Stock to Watch
PLD
Published: November 21, 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.

Read More
image for news Earnings Growth & Price Strength Make Prologis (PLD) a Stock to Watch
Why Is Prologis (PLD) Up 2.3% Since Last Earnings Report?
PLD
Published: November 14, 2025 by: Zacks Investment Research
Sentiment: Positive

Prologis (PLD) reported earnings 30 days ago. What's next for the stock?

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image for news Why Is Prologis (PLD) Up 2.3% Since Last Earnings Report?
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.

Read More
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.

Read More
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

About Prologis, Inc. (PLD)

  • IPO Date 1997-11-21
  • Website https://www.prologis.com
  • Industry REIT - Industrial
  • CEO Daniel Stephen Letter
  • 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.