
Prologis (PLD) Stock Forecast & Price Target
Prologis (PLD) Analyst Ratings
Bulls say
Prologis is a leading global real estate investment trust (REIT) with a diverse portfolio of industrial and logistics facilities totaling 1.3 billion square feet. The company's strategic capital business segment adds further stability with $60 billion of third-party assets under management. Prologis is positioned for strong FFO growth driven by a robust development pipeline and a focus on active property management. The company's strong balance sheet and leading sustainability initiatives make it a compelling investment opportunity.
Bears say
Prologis is the largest industrial and logistics real estate company in the world, with a portfolio of approximately 1.3 billion square feet. Despite its global reach and diversified business segments, the company faces several risks, including economic weaknesses, supply/demand imbalances, and interest rate hikes, that could negatively impact its financial performance and result in dividend cuts. Additionally, while the company's fundamentals remain strong and supported by secular tailwinds, current uncertainties in the macro environment may limit tenant activity and moderate organic growth. As a result, we have a negative outlook on Prologis's stock and expect muted returns of approximately 6.5% over the next 12 months, compared to an average of 9.1% during neutral periods. Our increased price target of $154 reflects a 4% premium over our NAV estimate and a modest 2027 FFO estimate, implying average annual normalized FFOps growth of 7.6% over the next decade.
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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