Prologis (NYSE:PLD) Stock Price Expected to Rise, Truist Financial Analyst Says

Prologis (NYSE:PLD) had its target price raised by investment analysts at Truist Financial from $139.00 to $154.00 in a report issued on Friday,MarketScreener reports. The brokerage currently has a “buy” rating on the real estate investment trust’s stock. Truist Financial’s target price suggests a potential upside of 8.34% from the company’s current price.

Several other equities research analysts have also recently weighed in on PLD. Weiss Ratings cut shares of Prologis from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, April 16th. Jefferies Financial Group reduced their target price on shares of Prologis from $157.00 to $155.00 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. Morgan Stanley set a $135.00 price target on shares of Prologis in a research note on Friday, January 16th. Scotiabank raised their price target on shares of Prologis from $146.00 to $154.00 and gave the company an “outperform” rating in a report on Tuesday. Finally, DA Davidson boosted their price objective on shares of Prologis from $140.00 to $160.00 and gave the stock a “buy” rating in a research report on Tuesday, April 21st. Fourteen research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, Prologis presently has a consensus rating of “Moderate Buy” and a consensus price target of $147.29.

Prologis Price Performance

Prologis stock opened at $142.15 on Friday. The business’s fifty day moving average is $136.70 and its two-hundred day moving average is $130.76. 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 firm has a market cap of $132.52 billion, a P/E ratio of 35.81, a P/E/G ratio of 3.14 and a beta of 1.40. Prologis has a 52 week low of $100.22 and a 52 week high of $145.44.

Prologis (NYSE:PLD) last announced its earnings results on Thursday, April 16th. The real estate investment trust reported $1.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.24. Prologis had a return on equity of 6.46% and a net margin of 41.54%.The company had revenue of $2.30 billion during the quarter, compared to analyst estimates of $2.12 billion. During the same period last year, the company posted $1.43 earnings per share. The firm’s quarterly revenue was up 6.9% compared to the same quarter last year. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. Equities research analysts forecast that Prologis will post 6.16 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of PLD. Clayton Financial Group LLC acquired a new position in Prologis in the third quarter valued at approximately $26,000. High Point Wealth Management LLC bought a new position in Prologis in the fourth quarter valued at approximately $26,000. Ares Financial Consulting LLC acquired a new stake in Prologis during the 4th quarter worth $26,000. Eagle Bay Advisors LLC acquired a new stake in Prologis during the 4th quarter worth $27,000. Finally, SouthState Bank Corp raised its position in shares of Prologis by 73.1% during the 4th quarter. SouthState Bank Corp now owns 225 shares of the real estate investment trust’s stock valued at $29,000 after acquiring an additional 95 shares during the last quarter. Institutional investors own 93.50% of the company’s stock.

Key Prologis News

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: Multiple sell‑side firms raised price targets and reiterated buy views, signaling analyst conviction in upside (Truist to $154, Scotiabank to $154, JPMorgan to $157, Citigroup bullish, and another $160 target report). These upgrades tend to support buying interest and higher upside expectations. Truist Securities adjusts price target on Prologis to $154 from $139; maintains Buy rating Prologis (NYSE:PLD) Price Target Raised to $160.00 Scotiabank Raises Prologis Price Target to $154.00 JPMorgan Increases Prologis Price Target to $157.00 Citigroup Forecasts Strong Price Appreciation for Prologis
• Positive Sentiment: Company Q1 results and investor presentation underline solid fundamentals (revenue and AFFO/earnings beats and FY guidance), which supports the analyst optimism and medium‑term growth thesis for the logistics REIT space. Prologis, Inc. 2026 Q1 – Results – Earnings Call Presentation
• Neutral Sentiment: Prologis priced a $1.25 billion senior unsecured notes offering (split across maturities). Debt issuance can be neutral—providing liquidity for development/refinancing at attractive rates but also modestly increasing leverage metrics. Monitor use of proceeds and impact on leverage. Prologis Prices $1.25 Billion Senior Notes Offering
• Neutral Sentiment: Sector peer Crown Castle reported resilient Q1 AFFO and revenue despite headwinds, underscoring mixed but stable leasing trends across property sectors; this is a sector backdrop item rather than company‑specific news for Prologis. Crown Castle Q1 AFFO & Sales Beat Estimates Despite DISH Headwinds

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.