Rising Occupancy And Demand Trends Will Support Earnings Outlook Into 2025

AN

AnalystConsensusTarget

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

18 Jul 24

Updated

06 Dec 25

Views

283

n/a

n/a

AnalystConsensusTarget's Fair Value

n/a

1Y

20.0%

7D

3.1%

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1Y

20.0%

7D

3.1%

You can edit this narrative until Dec 7 10:05 PM. Then, changes will post as Updates.

Author's Valuation

US$131.30.5% undervalued

AnalystConsensusTarget Fair Value

Shared on 06 Dec 25

Fair value Increased 0.77%

PLD: Earnings Guidance And Industrial Leasing Trends Will Shape Returns Ahead

The analyst price target for Prologis has inched higher by approximately $1 to $131, as analysts point to a solid Q3 earnings season for U.S. REITs, healthier industrial leasing trends, and modestly improved long term profitability expectations. Analyst Commentary Recent Street research reflects a generally constructive stance toward Prologis, with several firms nudging price targets higher following a strong Q3 earnings season for industrial REITs and solid company specific execution.

Shared on 22 Nov 25

Fair value Increased 0.50%

PLD: 2025 Earnings Guidance And Leasing Activity Will Drive Performance Ahead

Analysts have raised their price target for Prologis slightly, increasing it from $129.65 to $130.30. They cite stronger-than-expected quarterly results and improved sentiment for industrial REITs as key factors behind the adjustment.

Shared on 08 Nov 25

Fair value Increased 1.25%

PLD: Demand Outlook And Leasing Momentum Will Shape Performance Into 2025

Analysts have modestly raised their fair value estimate for Prologis to $129.65, citing improved demand outlook, positive post-earnings momentum, and updated models reflecting recent industry trends. Analyst Commentary Bullish Takeaways Bullish analysts have noted recent price target increases, highlighting upward adjustments in response to a strong third quarter and improved demand outlook.

Shared on 25 Oct 25

Fair value Increased 5.43%

The analyst price target for Prologis has been raised from $121.45 to $128.05. This change reflects improved revenue growth expectations and continued confidence among analysts following recent quarterly outperformance and encouraging industry demand trends.

Shared on 10 Oct 25

Fair value Increased 1.21%

Analysts have slightly increased their fair value estimate for Prologis to $121.45, up from $120. This adjustment is based on steady fundamentals, an improved demand outlook, and updated sector models.

Shared on 16 Sep 25

Fair value Increased 0.042%

Prologis’ consensus price target saw a marginal upward revision to $120.00, as analysts cited improving industrial demand, robust development activity, and optimistic mark-to-market expectations offset by lingering concerns about leasing softness and sector-wide adjustments. Analyst Commentary Bullish analysts highlight stronger-than-expected industrial demand trends, healthy mark-to-market expectations, and stronger development activity following robust Q2 results.

Shared on 07 May 25

Fair value Decreased 9.05%

Shared on 30 Apr 25

Fair value Increased 8.28%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 23 Apr 25

Fair value Decreased 1.91%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 16 Apr 25

Fair value Increased 5.18%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 10 Mar 25

Fair value Increased 0.77%

AnalystConsensusTarget Fair Value

US$131.3

0.5% undervalued

Future estimation in

Growth p.a.

Growth p.a.

%

Decrease

Increase

Current revenue growth rate

4.46%

Industrial REITs revenue growth rate

0.15%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

8.84%

Calculation

US$3.57b

Earnings '28

x

44.29x

PE Ratio '28

=

US$158.14b

Market Cap '28

US$158.14b

Market Cap '28

/

934.91m

No. shares '28

=

US$169.15

Share Price '28

US$169.15 Share Price '28

Discounted to 2025 @ 8.85% p.a.

=

US$131.17

Fair Value '25