DA Davidson Boosts Prologis (NYSE:PLD) Price Target to $160.00

Prologis (NYSE:PLD) had its price target raised by equities researchers at DA Davidson from $140.00 to $160.00 in a research note issued to investors on Tuesday,MarketScreener reports. The brokerage presently has a “buy” rating on the real estate investment trust’s stock. DA Davidson’s price objective would suggest a potential upside of 12.91% from the stock’s previous close.

A number of other research analysts have also weighed in on PLD. Evercore set a $135.00 target price on shares of Prologis in a research note on Friday, April 17th. The Goldman Sachs Group reissued a “neutral” rating and issued a $157.00 target price on shares of Prologis in a research note on Friday, April 17th. Truist Financial decreased their target price on shares of Prologis from $142.00 to $139.00 and set a “buy” rating on the stock in a research note on Monday, January 26th. Robert W. Baird raised their target price on shares of Prologis from $133.00 to $136.00 and gave the stock a “neutral” rating in a research note on Friday, April 17th. Finally, Royal Bank Of Canada raised their target price on shares of Prologis from $132.00 to $135.00 and gave the stock a “sector perform” rating in a research note on Monday, February 2nd. Fourteen investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $146.57.

Prologis Trading Down 0.2%

Shares of PLD opened at $141.70 on Tuesday. Prologis has a 52-week low of $100.22 and a 52-week high of $145.44. The company has a quick ratio of 0.58, a current ratio of 0.16 and a debt-to-equity ratio of 0.60. The firm’s fifty day moving average is $136.52 and its two-hundred day moving average is $130.40. The stock has a market cap of $132.10 billion, a PE ratio of 35.69, a price-to-earnings-growth ratio of 3.14 and a beta of 1.40.

Prologis (NYSE:PLD) last released its earnings results on Thursday, April 16th. The real estate investment trust reported $1.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.24. Prologis had a net margin of 41.54% and a return on equity of 6.46%. The business had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.12 billion. During the same period last year, the company posted $1.43 EPS. The business’s revenue was up 6.9% on a year-over-year basis. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. Research analysts forecast that Prologis will post 6.15 earnings per share for the current fiscal year.

Institutional Trading of Prologis

Several institutional investors have recently added to or reduced their stakes in PLD. Clayton Financial Group LLC acquired a new stake in Prologis in the 3rd quarter valued at approximately $26,000. High Point Wealth Management LLC acquired a new stake in Prologis in the 4th quarter valued at approximately $26,000. Ares Financial Consulting LLC acquired a new stake in Prologis in the 4th quarter valued at approximately $26,000. Eagle Bay Advisors LLC acquired a new stake in Prologis in the 4th quarter valued at approximately $27,000. Finally, SouthState Bank Corp increased its holdings in Prologis by 73.1% in the 4th quarter. SouthState Bank Corp now owns 225 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 95 shares during the last quarter. Institutional investors and hedge funds own 93.50% of the company’s stock.

Key Stories Impacting Prologis

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: Multiple brokerages raised price targets and/or reiterated buy/outperform ratings — notable lifts include Citigroup to $165 (buy), JPMorgan to $157 (overweight), DA Davidson to $160 (buy), Bank of America to $162, Mizuho to $150 (outperform), and Scotiabank to $154 (sector outperform). These upgrades/raises increase upside expectations for PLD and support upside for the stock. DA Davidson Raises PT to $160 Mizuho Raises PT to $150 JPMorgan Raises PT to $157 Citigroup Raises PT to $165
• Positive Sentiment: Jefferies reaffirmed its buy rating on Prologis, maintaining sell‑side support that can sustain investor confidence. Jefferies Sticks to Buy
• Positive Sentiment: Prologis announced a multi‑billion euro pan‑European logistics joint venture with La Caisse and other global partners (including GIC) to expand its European platform — a strategic capital partnership that directly grows Prologis’ core logistics footprint and fee‑related earnings potential. Prologis Expands European Platform
• Neutral Sentiment: Analyst consensus remains constructive (consensus “Moderate Buy”), reinforcing the overall positive sell‑side bias but offering limited new informational upside. Consensus Rating Moderate Buy
• Neutral Sentiment: Several market pieces highlight PLD as a momentum/outperformance candidate and review its sector standing — useful for sentiment and flows but largely reiterative of existing fundamentals and analyst views. Momentum Coverage Zacks Momentum Piece

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.