Prologis (PLD) Stock Forecast, Price Target & Predictions
PLD Stock Forecast
Prologis stock forecast is as follows: an average price target of $145.67 (represents a 12.07% upside from PLD’s last price of $129.98) and a rating consensus of 'Buy', based on 20 wall street analysts offering a 1-year stock forecast.
PLD Price Target
PLD Analyst Ratings
Prologis Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Aug 20, 2024 | Steve Sakwa | Evercore ISI | $122.00 | $124.70 | -2.17% | -6.14% |
Aug 05, 2024 | Ki Bin Kim | Truist Financial | $137.00 | $123.98 | 10.50% | 5.40% |
Jul 15, 2024 | John Kim | BMO Capital | $115.00 | $119.83 | -4.03% | -11.52% |
May 31, 2024 | Vikram Malhotra | Mizuho Securities | $120.00 | $107.57 | 11.56% | -7.68% |
May 06, 2024 | Michael Carroll | RBC Capital | $124.00 | $105.89 | 17.10% | -4.60% |
Apr 18, 2024 | Steve Sakwa | Evercore ISI | $123.00 | $106.49 | 15.50% | -5.37% |
Apr 17, 2024 | Ki Bin Kim | Truist Financial | $142.00 | $107.64 | 31.93% | 9.25% |
Apr 17, 2024 | Ronald Kamdem | Morgan Stanley | $141.00 | $108.35 | 30.13% | 8.48% |
Apr 17, 2024 | Michael Carroll | RBC Capital | $145.00 | $108.35 | 33.83% | 11.56% |
Apr 17, 2024 | Thomas Catherwood | BTIG | $154.00 | $108.35 | 42.13% | 18.48% |
Prologis Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | 1 | 3 | 13 |
Avg Price Target | $122.00 | $124.67 | $132.23 |
Last Closing Price | $129.98 | $129.98 | $129.98 |
Upside/Downside | -6.14% | -4.09% | 1.73% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Aug 28, 2024 | Wells Fargo | Overweight | Overweight | Hold |
Aug 26, 2024 | Scotiabank | Sector Outperform | Sector Outperform | Hold |
Aug 26, 2024 | RBC Capital | Underperform | Underperform | Hold |
Aug 07, 2024 | Scotiabank | Outperform | Outperform | Hold |
Aug 05, 2024 | RBC Capital | Underperform | Underperform | Hold |
Aug 05, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
Aug 05, 2024 | RBC Capital | Outperform | Sector Perform | Downgrade |
Jul 30, 2024 | Barclays | Overweight | Overweight | Hold |
Jul 15, 2024 | UBS | Market Perform | Market Perform | Hold |
Jul 15, 2024 | Scotiabank | Underperform | Underperform | Hold |
Prologis Financial Forecast
Prologis Revenue Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.91B | $2.45B | $1.77B | $1.75B | $1.75B | - | $1.22B | $1.28B | $1.18B | $1.15B | $1.15B | $1.11B | $1.08B | $1.27B | $978.24M | $826.02M | $942.18M |
Avg Forecast | $2.36B | $2.32B | $2.27B | $2.23B | $2.11B | $2.06B | $2.03B | $2.00B | $1.95B | $1.91B | $1.86B | $1.84B | $1.82B | $1.71B | $1.70B | $1.63B | $1.42B | $1.15B | $1.11B | $1.08B | $1.05B | $1.04B | $1.01B | $986.59M | $991.89M | $935.31M | $895.73M | $858.90M | $720.28M | $715.30M |
High Forecast | $2.52B | $2.47B | $2.43B | $2.39B | $2.25B | $2.20B | $2.17B | $2.14B | $2.08B | $1.92B | $1.99B | $1.96B | $1.85B | $1.82B | $1.82B | $1.74B | $1.52B | $1.23B | $1.11B | $1.14B | $1.11B | $1.09B | $1.06B | $1.04B | $1.04B | $983.63M | $942.01M | $903.28M | $757.49M | $752.25M |
Low Forecast | $2.29B | $2.24B | $2.20B | $2.16B | $2.04B | $2.00B | $1.97B | $1.94B | $1.89B | $1.85B | $1.80B | $1.78B | $1.80B | $1.65B | $1.65B | $1.58B | $1.37B | $1.11B | $1.11B | $1.05B | $1.02B | $1.00B | $980.89M | $955.64M | $960.77M | $905.97M | $867.63M | $831.96M | $697.68M | $692.86M |
# Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 8 | 4 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 10 | 16 | 11 | 8 | 8 | 12 | 7 | 12 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.12% | 1.44% | 1.08% | 1.23% | 1.52% | - | 1.12% | 1.21% | 1.14% | 1.14% | 1.16% | 1.12% | 1.16% | 1.41% | 1.14% | 1.15% | 1.32% |
Prologis EBITDA Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 8 | 4 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 10 | 16 | 11 | 8 | 8 | 12 | 7 | 12 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.17B | $1.59B | $1.25B | $1.28B | $1.33B | - | $885.36M | $1.73B | $1.24B | $1.11B | $861.64M | $797.28M | $802.16M | $932.18M | $943.94M | $744.18M | $807.73M |
Avg Forecast | $1.71B | $1.68B | $1.65B | $1.62B | $1.52B | $1.49B | $1.47B | $1.45B | $1.41B | $1.38B | $1.35B | $1.59B | $1.32B | $1.23B | $1.23B | $1.44B | $1.03B | $832.62M | $800.17M | $785.00M | $763.31M | $750.14M | $732.91M | $693.51M | $752.98M | $569.28M | $770.06M | $743.71M | $398.80M | $499.78M |
High Forecast | $1.83B | $1.79B | $1.76B | $1.73B | $1.63B | $1.59B | $1.57B | $1.55B | $1.51B | $1.39B | $1.44B | $1.90B | $1.34B | $1.32B | $1.31B | $1.73B | $1.10B | $889.00M | $800.17M | $825.56M | $802.74M | $788.89M | $770.77M | $832.22M | $903.58M | $683.13M | $924.07M | $892.45M | $478.56M | $599.74M |
Low Forecast | $1.66B | $1.62B | $1.59B | $1.57B | $1.48B | $1.45B | $1.43B | $1.40B | $1.37B | $1.34B | $1.31B | $1.27B | $1.30B | $1.20B | $1.19B | $1.15B | $995.13M | $806.77M | $800.17M | $760.38M | $739.36M | $726.61M | $709.92M | $554.81M | $602.39M | $455.42M | $616.05M | $594.97M | $319.04M | $399.83M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.94% | 1.29% | 0.87% | 1.25% | 1.59% | - | 1.13% | 2.27% | 1.65% | 1.52% | 1.24% | 1.06% | 1.41% | 1.21% | 1.27% | 1.87% | 1.62% |
Prologis Net Income Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 8 | 4 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 10 | 16 | 11 | 8 | 8 | 12 | 7 | 12 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $746.17M | $1.44B | $464.62M | $587.21M | $1.02B | - | $1.15B | $1.30B | $723.54M | $600.18M | $367.35M | $281.89M | $302.69M | $406.17M | $491.05M | $386.99M | $452.15M |
Avg Forecast | $1.01B | $976.31M | $956.46M | $873.76M | $775.11M | $741.36M | $708.26M | $658.87M | $666.84M | $615.60M | $587.39M | $1.11B | $560.58M | $572.69M | $937.99M | $1.01B | $579.29M | $788.16M | $617.91M | $919.40M | $978.12M | $716.51M | $588.05M | $295.67M | $266.23M | $214.82M | $335.53M | $386.89M | $207.39M | $279.77M |
High Forecast | $1.10B | $1.06B | $1.04B | $950.67M | $843.34M | $806.62M | $770.60M | $716.86M | $725.54M | $620.06M | $639.09M | $1.33B | $578.37M | $623.11M | $1.02B | $1.21B | $630.28M | $945.80M | $617.91M | $1.10B | $1.17B | $859.82M | $705.66M | $354.80M | $319.48M | $257.78M | $402.64M | $464.27M | $248.86M | $335.72M |
Low Forecast | $971.40M | $936.89M | $917.86M | $838.49M | $743.82M | $711.43M | $679.67M | $632.28M | $639.92M | $611.13M | $563.67M | $889.98M | $551.68M | $549.58M | $900.13M | $809.07M | $555.91M | $630.53M | $617.91M | $735.52M | $782.49M | $573.21M | $470.44M | $236.54M | $212.99M | $171.85M | $268.43M | $309.51M | $165.91M | $223.81M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.30% | 1.53% | 0.46% | 1.01% | 1.29% | - | 1.25% | 1.33% | 1.01% | 1.02% | 1.24% | 1.06% | 1.41% | 1.21% | 1.27% | 1.87% | 1.62% |
Prologis SG&A Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 8 | 4 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 10 | 16 | 11 | 8 | 8 | 12 | 7 | 12 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $96.67M | $95.65M | $99.78M | $85.42M | $87.90M | - | $74.65M | $73.82M | $66.97M | $74.34M | $78.03M | $66.14M | $74.35M | $64.66M | $69.69M | $65.54M | $65.20M |
Avg Forecast | $145.51M | $142.56M | $139.96M | $137.49M | $129.53M | $126.87M | $125.16M | $123.21M | $119.98M | $117.31M | $114.54M | $72.26M | $111.89M | $104.96M | $104.66M | $65.69M | $87.32M | $72.95M | $68.03M | $59.72M | $57.83M | $66.32M | $72.84M | $62.81M | $62.47M | $52.76M | $53.42M | $54.91M | $35.12M | $40.34M |
High Forecast | $155.36M | $152.21M | $149.44M | $146.80M | $138.30M | $135.46M | $133.63M | $131.55M | $128.10M | $117.92M | $122.29M | $86.71M | $113.78M | $112.07M | $111.75M | $78.83M | $93.23M | $87.54M | $68.03M | $71.66M | $69.39M | $79.58M | $87.41M | $75.37M | $74.96M | $63.32M | $64.10M | $65.89M | $42.15M | $48.41M |
Low Forecast | $140.99M | $138.13M | $135.61M | $133.22M | $125.51M | $122.93M | $121.27M | $119.38M | $116.25M | $113.66M | $110.98M | $57.81M | $110.63M | $101.70M | $101.41M | $52.55M | $84.61M | $58.36M | $68.03M | $47.77M | $46.26M | $53.06M | $58.27M | $50.24M | $49.98M | $42.21M | $42.73M | $43.93M | $28.10M | $32.27M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | 0.91% | 1.52% | 0.98% | 1.20% | - | 1.25% | 1.28% | 1.01% | 1.02% | 1.24% | 1.06% | 1.41% | 1.21% | 1.27% | 1.87% | 1.62% |
Prologis EPS Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 8 | 4 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 10 | 16 | 11 | 8 | 8 | 12 | 7 | 12 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.81 | $1.56 | $0.50 | $0.53 | $1.37 | - | $1.55 | $1.76 | $0.98 | $0.81 | $0.50 | $0.36 | $0.40 | $0.55 | $0.70 | $0.60 | $0.71 |
Avg Forecast | $1.06 | $1.02 | $1.00 | $0.92 | $0.81 | $0.78 | $0.74 | $0.69 | $0.70 | $0.65 | $0.62 | $0.58 | $0.59 | $0.60 | $0.98 | $0.56 | $0.61 | $1.29 | $0.65 | $0.68 | $0.71 | $0.47 | $0.43 | $0.37 | $0.39 | $0.31 | $0.47 | $0.36 | $0.41 | $0.53 |
High Forecast | $1.16 | $1.11 | $1.09 | $1.00 | $0.88 | $0.85 | $0.81 | $0.75 | $0.76 | $0.65 | $0.67 | $0.63 | $0.61 | $0.65 | $1.07 | $0.61 | $0.66 | $1.40 | $0.65 | $0.73 | $0.75 | $0.50 | $0.46 | $0.40 | $0.42 | $0.33 | $0.51 | $0.38 | $0.44 | $0.56 |
Low Forecast | $1.02 | $0.98 | $0.96 | $0.88 | $0.78 | $0.75 | $0.71 | $0.66 | $0.67 | $0.64 | $0.59 | $0.56 | $0.58 | $0.58 | $0.94 | $0.54 | $0.58 | $1.24 | $0.65 | $0.65 | $0.68 | $0.45 | $0.41 | $0.36 | $0.37 | $0.29 | $0.46 | $0.34 | $0.39 | $0.51 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.35% | 1.59% | 0.89% | 0.87% | 1.06% | - | 2.28% | 2.49% | 2.08% | 1.89% | 1.34% | 0.93% | 1.31% | 1.16% | 1.97% | 1.47% | 1.35% |
Prologis Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
LXP | LXP Industrial Trust | $10.16 | $14.00 | 37.80% | Buy |
PLD | Prologis | $129.98 | $145.67 | 12.07% | Buy |
PLYM | Plymouth Industrial REIT | $23.10 | $25.40 | 9.96% | Buy |
FR | First Industrial Realty Trust | $56.34 | $60.22 | 6.89% | Buy |
IIPR | Innovative Industrial Properties | $129.16 | $136.67 | 5.81% | Hold |
NSA | National Storage Affiliates Trust | $47.66 | $49.00 | 2.81% | Hold |
EGP | EastGroup Properties | $187.50 | $189.60 | 1.12% | Buy |
STAG | STAG Industrial | $40.04 | $39.69 | -0.87% | Buy |
LSI | Life Storage | $133.10 | $131.14 | -1.47% | Buy |
TRNO | Terreno Realty | $69.53 | $66.40 | -4.50% | Buy |
EXR | Extra Space Storage | $177.90 | $169.56 | -4.69% | Buy |
PSA | Public Storage | $359.16 | $333.09 | -7.26% | Buy |
CUBE | CubeSmart | $54.00 | $48.88 | -9.48% | Buy |
PLD Forecast FAQ
Is Prologis a good buy?
Yes, according to 20 Wall Street analysts, Prologis (PLD) is considered a 'Buy'. The rating consensus is based on 2 'Strong Buy' and 13 'Buy' recommendations, accounting for 75.00% of PLD's total ratings.
What is PLD's price target?
Prologis (PLD) average price target is $145.67 with a range of $115 to $187, implying a 12.07% from its last price of $129.98. The data is based on 20 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Prologis stock go up soon?
According to Wall Street analysts' prediction for PLD stock, the company can go up by 12.07% (from the last price of $129.98 to the average price target of $145.67), up by 43.87% based on the highest stock price target, and down by -11.52% based on the lowest stock price target.
Can Prologis stock reach $200?
PLD's average twelve months analyst stock price target of $145.67 does not support the claim that Prologis can reach $200 in the near future.
What is Prologis's current price target trend?
1 Wall Street analyst forecast a $122 price target for Prologis (PLD) this month, down -6.14% from its last price of $129.98. Compared to the last 3 and 12 months, the average price target decreased by -4.09% and increased by 1.73%, respectively.
What are Prologis's analysts' financial forecasts?
Prologis's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $8.2B (high $8.76B, low $7.95B), average EBITDA is $5.94B (high $6.34B, low $5.75B), average net income is $2.88B (high $3.14B, low $2.77B), average SG&A $504.77M (high $538.95M, low $489.09M), and average EPS is $3.03 (high $3.29, low $2.9). PLD's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $9.19B (high $9.81B, low $8.9B), average EBITDA is $6.65B (high $7.1B, low $6.44B), average net income is $3.82B (high $4.15B, low $3.66B), average SG&A $565.52M (high $603.81M, low $547.96M), and average EPS is $4.01 (high $4.36, low $3.84).
Did the PLD's actual financial results beat the analysts' financial forecasts?
Based on Prologis's last annual report (Dec 2023), the company's revenue was $8.02B, beating the average analysts forecast of $6.85B by 17.05%. Apple's EBITDA was $4.69B, missing the average prediction of $5.22B by -10.30%. The company's net income was $3.05B, missing the average estimation of $3.08B by -0.95%. Apple's SG&A was $390.41M, beating the average forecast of $387.2M by 0.83%. Lastly, the company's EPS was $3.3, beating the average prediction of $2.73 by 20.70%. In terms of the last quarterly report (Sep 2023), Prologis's revenue was $1.91B, beating the average analysts' forecast of $1.71B by 12.25%. The company's EBITDA was $1.17B, missing the average prediction of $1.23B by -5.56%. Prologis's net income was $746.17M, beating the average estimation of $572.69M by 30.29%. The company's SG&A was $96.67M, missing the average forecast of $104.96M by -7.90%. Lastly, the company's EPS was $0.81, beating the average prediction of $0.601 by 34.82%