Prologis (NYSE:PLD) Price Target Raised to $121.00

Prologis (NYSE:PLD) had its price objective increased by Evercore ISI from $118.00 to $121.00 in a report issued on Thursday, MarketBeat.com reports. The firm currently has an in-line rating on the real estate investment trust’s stock.

Other analysts have also recently issued reports about the stock. BTIG Research lifted their price objective on shares of Prologis from $134.00 to $155.00 and gave the company a “buy” rating in a research note on Wednesday, December 31st. Mizuho raised their target price on shares of Prologis from $118.00 to $138.00 and gave the stock an “outperform” rating in a report on Thursday, December 4th. Wells Fargo & Company boosted their target price on shares of Prologis from $120.00 to $139.00 and gave the company an “overweight” rating in a research report on Monday, October 27th. Argus increased their price target on Prologis from $128.00 to $135.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, Morgan Stanley set a $135.00 price objective on Prologis in a research note on Friday, January 16th. Thirteen equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, Prologis has an average rating of “Moderate Buy” and an average target price of $134.11.

Prologis Price Performance

NYSE PLD opened at $127.03 on Thursday. The company has a market cap of $118.00 billion, a price-to-earnings ratio of 35.78, a PEG ratio of 3.71 and a beta of 1.40. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.19 and a quick ratio of 0.64. The stock’s fifty day moving average price is $128.38 and its 200 day moving average price is $119.26. Prologis has a 1 year low of $85.35 and a 1 year high of $134.94.

Prologis (NYSE:PLD) last posted its quarterly earnings results on Wednesday, January 21st. The real estate investment trust reported $1.44 earnings per share for the quarter, meeting the consensus estimate of $1.44. Prologis had a return on equity of 6.64% and a net margin of 37.86%.The business had revenue of $2.25 billion for the quarter, compared to the consensus estimate of $2.09 billion. During the same quarter in the previous year, the business earned $1.42 EPS. The company’s quarterly revenue was up 7.8% compared to the same quarter last year. Prologis has set its FY 2026 guidance at 6.000-6.200 EPS. As a group, equities research analysts forecast that Prologis will post 5.73 earnings per share for the current year.

Prologis Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 16th were issued a dividend of $1.01 per share. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a $4.04 dividend on an annualized basis and a dividend yield of 3.2%. Prologis’s dividend payout ratio is presently 113.80%.

Insider Buying and Selling at Prologis

In related news, Director Cristina Gabriela Bita sold 621 shares of the business’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $127.60, for a total transaction of $79,239.60. Following the transaction, the director directly owned 8,208 shares in the company, valued at approximately $1,047,340.80. The trade was a 7.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.57% of the company’s stock.

Institutional Investors Weigh In On Prologis

Hedge funds and other institutional investors have recently bought and sold shares of the company. Brighton Jones LLC boosted its holdings in Prologis by 629.0% during the 4th quarter. Brighton Jones LLC now owns 17,475 shares of the real estate investment trust’s stock valued at $1,847,000 after acquiring an additional 15,078 shares during the period. Assenagon Asset Management S.A. grew its holdings in Prologis by 0.9% during the 2nd quarter. Assenagon Asset Management S.A. now owns 29,245 shares of the real estate investment trust’s stock worth $3,074,000 after acquiring an additional 275 shares in the last quarter. Accurate Wealth Management LLC grew its stake in shares of Prologis by 8.2% during the second quarter. Accurate Wealth Management LLC now owns 6,133 shares of the real estate investment trust’s stock worth $664,000 after purchasing an additional 464 shares in the last quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH acquired a new position in shares of Prologis during the 2nd quarter worth about $163,000. Finally, BankPlus Wealth Management LLC increased its stake in Prologis by 6.8% in the second quarter. BankPlus Wealth Management LLC now owns 2,983 shares of the real estate investment trust’s stock valued at $314,000 after purchasing an additional 191 shares during the last quarter. 93.50% of the stock is currently owned by institutional investors and hedge funds.

Prologis News Summary

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: Q4 revenue beat and strong leasing — Prologis reported Q4 results with revenue above expectations and management highlighted robust warehouse leasing, supporting near-term cash flow and rent-roll momentum. Article Title
• Positive Sentiment: Record lease signings in 2025 — Management said lease activity hit record levels last year, which underpins rent growth prospects and occupancy stability going into 2026. Article Title
• Positive Sentiment: U.S. warehouse market expected to tighten through 2026 — Prologis forecasts tighter fundamentals, a tailwind for future rent growth and valuations of logistics assets. Article Title
• Positive Sentiment: Analysts raising forecasts and price targets — Multiple firms (Argus, Truist, Wells Fargo and others) increased price targets or ratings after results, reflecting improved outlook for leasing and earnings. These upgrades help support investor sentiment. Article Title
• Neutral Sentiment: Q4 EPS roughly in line with estimates — EPS met consensus while revenue beat; that combination leaves valuation moves tied to forward guidance and leasing trends rather than an EPS surprise. Article Title
• Neutral Sentiment: Earnings call highlighted a durable growth pipeline — Management emphasized development and power/data center pipeline, important for long-term growth but subject to execution and capex cycles. Article Title
• Negative Sentiment: Mixed analyst signals — Evercore ISI raised its target modestly but kept an “in-line” rating (target below some newer marks), which implies limited upside from current levels and introduces some analyst divergence. Article Title

About Prologis

Prologis, Inc is a real estate investment trust (REIT) specializing in logistics and distribution facilities. The company focuses on acquiring, developing, and managing high-quality industrial real estate assets that support supply chain infrastructure for third-party logistics providers, e-commerce businesses, retailers and manufacturers. Its portfolio primarily consists of warehouse and distribution centers designed to optimize goods movement and storage near key transportation hubs.

With a global presence, Prologis serves customers across the Americas, Europe and Asia Pacific.