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PLD Stock Chart & Stats
$147.63
-$0.44(-0.30%)
At close: 4:00 PM EDT
$147.63
-$0.44(-0.30%)
Day’s Range― - ―
52-Week Range$109.14 - $153.35
Previous CloseN/A
Volume375.12K
Average Volume (3M)4.18M
Market Cap
$136.04B
Enterprise Value$169.55K
Total Cash (Recent Filing)$1.77B
Total Debt (Recent Filing)$36.44B
Price to Earnings (P/E)31.5
Beta0.71
Next Earnings
Oct 21, 2026EPS Estimate
0.81Next Dividend Ex-DateN/A
Dividend Yield2.93%
Share Statistics
EPS (TTM)4.50
Shares Outstanding948,081,100
10 Day Avg. Volume4,920,711
30 Day Avg. Volume4,178,794
Financial Highlights & Ratios
PEG Ratio-3.13
Price to Book (P/B)2.25
Price to Sales (P/S)13.63
P/FCF Ratio23.92
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$159.15Price Target Upside7.81% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
EPS Forecast (FY)3.44
Revenue Forecast (FY)$8.59B
Bulls Say, Bears Say
Bulls Say
Strong Cash GenerationConsistent operating and free cash flow gives Prologis internal funding for development, acquisitions and distributions. FCF tracking net income indicates strong earnings quality, supporting resilience when capital markets or property values are less favorable.
Occupancy And Rent GrowthHigh occupancy and substantial rent spreads support recurring NOI growth as leases renew. Record leasing suggests broad customer demand, while 5.25%–5.75% same-store NOI guidance provides visibility into cash earnings over the next several quarters.
Development PipelinePrologis combines a large land bank with a multi-year development pipeline, creating expansion optionality beyond the existing portfolio. Continued project starts can diversify growth, deepen customer relationships and support future rental cash flows.
Bears Say
Slowing Revenue GrowthRevenue growth has slowed to roughly 2.7% in TTM from stronger expansion since 2021, while gross margins have been volatile. This indicates the recent growth phase is normalizing and could limit operating leverage if leasing and development activity moderate.
Higher LeverageDebt-to-equity has risen from 2022 levels and debt-to-EBITDA was 4.7x. Although manageable for a large REIT, higher leverage can reduce flexibility and raise refinancing sensitivity for a capital-intensive development pipeline.
Data Center Approval RiskData-center growth depends on approvals that are becoming more complex and multi-year. Delays or rejected projects can defer starts, increase costs and reduce returns on a major investment opportunity, limiting the pace and reliability of this growth avenue.
Prologis News
PLD FAQ
What was Prologis, Inc.’s price range in the past 12 months?
Prologis, Inc. lowest stock price was $109.14 and its highest was $153.35 in the past 12 months.
What is Prologis, Inc.’s market cap?
Prologis, Inc.’s market cap is $136.04B.
When is Prologis, Inc.’s upcoming earnings report date?
Prologis, Inc.’s upcoming earnings report date is Oct 21, 2026 which is in 60 days.
How were Prologis, Inc.’s earnings last quarter?
Prologis, Inc. released its earnings results on Jul 16, 2026. The company reported $1.13 earnings per share for the quarter, beating the consensus estimate of $0.747 by $0.383.
Is Prologis, Inc. overvalued?
According to Wall Street analysts Prologis, Inc.’s price is currently Undervalued.
Does Prologis, Inc. pay dividends?
Prologis, Inc. pays a Quarterly dividend of $1.07 which represents an annual dividend yield of 2.93%. See more information on Prologis, Inc. dividends here
What is Prologis, Inc.’s EPS estimate?
Prologis, Inc.’s EPS estimate is 0.81.
How many shares outstanding does Prologis, Inc. have?
Prologis, Inc. has 948,081,100 shares outstanding.
What happened to Prologis, Inc.’s price movement after its last earnings report?
Prologis, Inc. reported an EPS of $1.13 in its last earnings report, beating expectations of $0.747. Following the earnings report the stock price went up 4.63%.
Which hedge fund is a major shareholder of Prologis, Inc.?
Currently, no hedge funds are holding shares in PLD
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Prologis Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$159.15 (7.81% Upside)
$159.15 (7.81% Upside)
Blogger Sentiment
Bullish
PLD Sentiment 74%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 130.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 0.2%
Last 30 Days ▲ 4.2%
Last 30 Days ▲ 4.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
38.91%
12-Months-Change
Fundamentals
Return on Equity
2.93%
Trailing 12-Months
Asset Growth
3.37%
Trailing 12-Months
Company Description
Prologis, Inc.
Prologis, Inc. is the undisputed global leader in logistics real estate, strategically focusing its operations on high-barrier, high-growth markets. As of December 31, 2020, the company's extensive portfolio spanned approximately 984 million square feet (91 million square meters) of both existing properties and planned development projects, located across 19 countries. This significant footprint is managed through a blend of wholly-owned assets and co-investment ventures. Prologis leases its contemporary logistics facilities to a diverse client base of roughly 5,500 customers, primarily serving business-to-business (B2B) and retail/online fulfillment needs.
PLD Company Deck
PLD Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call was largely positive: the company reported record leasing, strong same-store NOI growth, elevated occupancy, robust data center momentum with YTD starts ahead of guidance, an expanded 5.8 GW power pipeline, and raised earnings and development guidance. Key challenges include entitlement/NIMBY risks for data centers, variability in development yields driven by deal mix, and uncertainty around the ultimate capital mix and valuation range for the data center opportunity. Management emphasized disciplined capital allocation, meaningful borrowing capacity, and multiple avenues to monetize development (sales, JVs and strategic capital), leaving the growth outlook constructive despite execution and permitting risks.View all PLD earnings summariesPLD Revenue Breakdown
92.82% Rental
6.74% Strategic capital segment
0.44% Development management and other
PLD Stock 12 Month Forecast
Average Price Target
$159.15
▲(7.81% Upside)
Technical Analysis
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Ownership Overview
0.23% Insiders
26.22% Mutual Funds
16.88% Other Institutional Investors
28.68% Public Companies and Individual Investors