Mizuho Raises Prologis (NYSE:PLD) Price Target to $150.00

Prologis (NYSE:PLD) had its price objective lifted by equities researchers at Mizuho from $143.00 to $150.00 in a research report issued to clients and investors on Wednesday,MarketScreener reports. The firm presently has an “outperform” rating on the real estate investment trust’s stock. Mizuho’s price target suggests a potential upside of 5.34% from the stock’s current price.

Other equities analysts have also issued research reports about the stock. UBS Group upped their price target on shares of Prologis from $148.00 to $161.00 and gave the stock a “buy” rating in a research report on Friday, April 17th. BMO Capital Markets reissued a “market perform” rating and issued a $123.00 price objective on shares of Prologis in a research report on Thursday, January 22nd. Barclays reissued an “overweight” rating and issued a $139.00 price objective on shares of Prologis in a research report on Tuesday, January 13th. BTIG Research reissued a “buy” rating and issued a $155.00 price objective on shares of Prologis in a research report on Wednesday, April 15th. Finally, Bank of America increased their price objective on shares of Prologis from $153.00 to $162.00 and gave the stock a “buy” rating in a research report on Monday. Fourteen research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $146.57.

Prologis Stock Performance

Shares of PLD stock opened at $142.40 on Wednesday. Prologis has a one year low of $100.22 and a one year high of $145.44. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.58 and a current ratio of 0.16. The company has a 50 day moving average price of $136.63 and a 200 day moving average price of $130.48. The firm has a market capitalization of $132.75 billion, a price-to-earnings ratio of 35.87, a price-to-earnings-growth ratio of 3.13 and a beta of 1.40.

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Clayton Financial Group LLC purchased a new position in shares of Prologis in the third quarter valued at $26,000. High Point Wealth Management LLC purchased a new position in shares of Prologis in the fourth quarter valued at $26,000. Ares Financial Consulting LLC purchased a new position in shares of Prologis in the fourth quarter valued at $26,000. Eagle Bay Advisors LLC purchased a new position in shares of Prologis in the fourth quarter valued at $27,000. Finally, SouthState Bank Corp boosted its stake in shares of Prologis by 73.1% in the fourth 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 period. 93.50% of the stock is currently owned by hedge funds and other institutional investors.

More Prologis News

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: Major bank upgrade activity: Bank of America raised its price target to $162, signaling stronger upside for PLD on continued demand for logistics real estate. Read More.
• Positive Sentiment: DA Davidson bumped its target to $160 and kept a buy stance, reinforcing analyst conviction in Prologis’ growth and cash-flow trajectory. Read More.
• Positive Sentiment: JPMorgan raised its price target to $157, another institutional vote of confidence that supports upside expectations for PLD. Read More.
• Positive Sentiment: Scotiabank increased its target to $154, adding to the cluster of analyst upgrades that help lift investor sentiment. Read More.
• Positive Sentiment: Mizuho raised its target to $150 and maintained an outperform rating, reinforcing consensus momentum among brokers. Read More.
• Positive Sentiment: Jefferies reiterated its buy rating on Prologis, keeping institutional support steady. Read More.
• Positive Sentiment: Analyst consensus remains overweight/moderate-buy, reflecting broad-based expectations for continued earnings power and cash flow. Read More.
• Positive Sentiment: Company Q1 investor presentation reiterated strong Q1 results, solid leasing trends and FY guidance, supporting the fundamental case for PLD. Read More.
• Neutral Sentiment: Prologis priced a $1.25 billion senior unsecured notes offering (various maturities). This raises liquidity but increases debt; investors will watch use of proceeds and interest costs for impact on leverage. Read More.
• Neutral Sentiment: Sector note — Crown Castle (CCI) reported Q1 AFFO and revenue beats, indicating resilience in the broader towers/communications & logistics REIT complex, which can be a modest tailwind for PLD sentiment. Read More.

Prologis Company Profile

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.