Prologis (PLD) Stock Forecast & Price Target

$103.32 +1.92 (+1.89%)

(As of 12/20/2024 05:40 PM ET)

Prologis - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 16 Analyst Ratings

Sell
1

Hold
6

Buy
9

Based on 16 Wall Street analysts who have issued ratings for Prologis in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 16 analysts, 1 has given a sell rating, 6 have given a hold rating, and 9 have given a buy rating for PLD.

Consensus Price Target

$128.88
24.73% Upside

According to the 16 analysts' twelve-month price targets for Prologis, the average price target is $128.88. The highest price target for PLD is $146.00, while the lowest price target for PLD is $104.00. The average price target represents a forecasted upside of 24.73% from the current price of $103.32.

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PLD Analyst Ratings Over Time

Type	Current Forecast 12/22/23 to 12/21/24	1 Month Ago 11/22/23 to 11/21/24	3 Months Ago 9/23/23 to 9/22/24	1 Year Ago 12/22/22 to 12/22/23
Strong Buy	0 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	9 Buy rating(s)	9 Buy rating(s)	10 Buy rating(s)	10 Buy rating(s)
Hold	6 Hold rating(s)	7 Hold rating(s)	6 Hold rating(s)	2 Hold rating(s)
Sell	1 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$128.88	$131.18	$133.35	$139.27
Forecasted Upside	24.73% Upside	15.10% Upside	6.28% Upside	5.15% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

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PLD Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

PLD Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Prologis Stock vs. The Competition

Type	Prologis	Finance Companies	S&P 500
Consensus Rating Score	2.50	2.50	2.51
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	24.73% Upside	18.66% Upside	14.54% Upside
News Sentiment Rating	Positive News See Recent PLD News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
12/11/2024	Raymond James 4 of 5 stars	J. Hughes Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Strong-Buy ➝ Outperform	$130.00 ➝ $125.00	+10.46%
12/6/2024	BMO Capital Markets 4 of 5 stars	J. Kim Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Market Perform ➝ Underperform	$120.00 ➝ $104.00	-8.60%
12/5/2024	Truist Financial 2 of 5 stars		Lower Target	Buy ➝ Buy	$137.00 ➝ $132.00	+16.42%
12/4/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Sector Outperform ➝ Sector Outperform	$136.00 ➝ $134.00	+16.96%
11/18/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$131.00 ➝ $132.00	+16.42%
10/21/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$138.00 ➝ $131.00	+10.03%
Get the Latest News and Ratings for PLD and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Prologis and its competitors with MarketBeat's FREE daily newsletter.
10/21/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	C. Burrows Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Neutral	$142.00 ➝ $132.00	+7.76%
9/16/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	In-Line ➝ In-Line	$124.00 ➝ $128.00	-1.04%
8/28/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$142.00 ➝ $146.00	+13.26%
8/14/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$132.00 ➝ $133.00	+8.02%
8/12/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Neutral	$128.00	+5.00%
8/5/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Carroll Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Sector Perform	$124.00 ➝ $127.00	+2.44%
7/23/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$120.00 ➝ $135.00	+7.48%
5/31/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$130.00 ➝ $120.00	+11.56%
5/1/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$137.00 ➝ $117.00	+14.65%
4/18/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$151.00 ➝ $138.00	+32.90%
11/21/2023	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$130.00	+17.49%
7/20/2023	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Outperform	$141.00	+14.77%
7/19/2023	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$152.00 ➝ $154.00	+24.28%
6/28/2023	888 Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Maintains

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 11:37 AM ET.

Should I Buy Prologis Stock? PLD Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, December 12, 2024. Please send any questions or comments about these Prologis pros and cons to contact@marketbeat.com.

Prologis
Bull Case

Here are some ways that investors could benefit from investing in Prologis, Inc.:

Prologis, Inc. has a strong market capitalization of approximately $105.38 billion, indicating a robust position in the logistics real estate sector.
The company recently reported a revenue increase of 6.9% year-over-year, showcasing its ability to grow even in challenging market conditions.
Prologis, Inc. has a current stock price of $113.78, which reflects a stable investment opportunity in the real estate market.
With a net margin of 39.08%, Prologis demonstrates effective cost management and profitability, which can lead to higher returns for investors.
The company declared a quarterly dividend of $0.96, translating to an annualized yield of 3.37%, providing a steady income stream for shareholders.

Prologis
Bear Case

Investors should be bearish about investing in Prologis, Inc. for these reasons:

Prologis, Inc. reported an earnings per share (EPS) of $1.08, which missed the consensus estimate of $1.37, indicating potential challenges in meeting market expectations.
The company's payout ratio is 116.01%, suggesting that it is distributing more in dividends than it earns, which could be unsustainable in the long run.
Prologis has a price-to-earnings (P/E) ratio of 34.07, which may indicate that the stock is overvalued compared to its earnings, potentially leading to a price correction.
Recent analyst ratings show mixed sentiments, with one sell rating and several hold ratings, indicating uncertainty about the stock's future performance.
The stock has experienced fluctuations, with a 12-month high of $137.52 and a low of $101.11, suggesting volatility that could deter risk-averse investors.

PLD Forecast - Frequently Asked Questions

: According to the research reports of 16 Wall Street equities research analysts, the average twelve-month stock price forecast for Prologis is $128.88, with a high forecast of $146.00 and a low forecast of $104.00.
: 16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Prologis in the last year. There is currently 1 sell rating, 6 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" PLD shares.
: According to analysts, Prologis's stock has a predicted upside of 24.73% based on their 12-month stock forecasts.
: Over the previous 90 days, Prologis's stock had 1 downgrade by analysts.
: Prologis has been rated by research analysts at Barclays, BMO Capital Markets, JPMorgan Chase & Co., Raymond James, Scotiabank, The Goldman Sachs Group, and Truist Financial in the past 90 days.
: Analysts like Prologis more than other "finance" companies. The consensus rating for Prologis is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how PLD compares to other companies.

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This page (NYSE:PLD) was last updated on 12/21/2024 by MarketBeat.com Staff

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Prologis (PLD) Stock Forecast & Price Target