
Prologis (PLD) Stock Forecast & Price Target
Prologis (PLD) Analyst Ratings
Bulls say
Prologis's stock outlook remains positive due to strong underlying fundamentals, with occupancy rebounding in the third quarter of 2025 and a projected yield growth of 9.5% for the year, significantly outperforming the REIT industry. The company anticipates substantial development activity, with $3.3 billion in development starts forecasted for 2026, reflecting a 19.5% increase compared to 2025, driven by improved market conditions and advantageous "network effects" that facilitate higher rent growth. Additionally, Prologis's innovative services and expanded data center development pipeline position the company to capitalize on increased demand and enhance tenant retention, further supporting its strong earnings potential.
Bears say
Prologis faces several challenges that contribute to a negative outlook, including anticipated weak rent growth due to a projected lag following an occupancy recovery. The company is also at risk from declining demand for industrial real estate, compounded by potential shifts in consumer spending habits and weak GDP growth that may negatively impact industrial tenants. Additionally, Prologis is seeing a current trading discount to its net asset value (NAV), which diverges from its historical average premium, indicating potential concerns about its market valuation and future performance.
This aggregate rating is based on analysts' research of Prologis and is not a guaranteed prediction by Public.com or investment advice.
Prologis (PLD) Analyst Forecast & Price Prediction
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