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.
Analyst Commentary
Bullish Takeaways- Bullish analysts have raised price targets, citing strong quarterly performance and improved forecasts for revenue and development activity.
- Upgrades in rating reflect heightened confidence in Prologis' ability to maintain healthy occupancy rates and capitalize on supportive industry demand trends.
- Revised estimates for future years indicate expectations for sustained growth, with positive mark-to-market trends supporting the outlook for rental income.
- The macro environment is seen as a tailwind for industrial REITs, with Prologis trading at a discount to the sector and potential for valuation catch-up as fundamentals improve.
- Bearish analysts have lowered price targets modestly, reflecting some caution around model adjustments and the broader real estate investment trust sector.
- Lingering concerns exist around industrial demand stability and the potential for headwinds in the economic environment, impacting longer-term projections.
- Some analysts believe that while recent results have been positive, the upside may be limited by minimal risk-adjusted gains going forward, especially as competition increases.
What's in the News
- Prologis revised its 2025 earnings guidance upward and now projects earnings per diluted share of $3.40 to $3.50, compared to the previous range of $3.00 to $3.15 (Key Developments).
- EV Realty and Prologis Mobility have formed a collaboration to connect their electric vehicle charging sites across major freight corridors in California, beginning with hubs in Vernon and San Bernardino and planning to expand throughout the region (Key Developments).
- As of June 30, 2025, Prologis completed the repurchase of 539,000 shares for $34.85 million, fulfilling the buyback program initiated in March 2020 (Key Developments).
Valuation Changes
- Consensus Analyst Price Target has increased from $121.45 to $128.05, reflecting improved outlooks.
- Discount Rate has edged down slightly, from 8.34% to 8.34%.
- Revenue Growth projection has risen moderately, from 2.99% to 3.36%.
- Net Profit Margin estimate has decreased from 36.49% to 35.08%.
- Future P/E ratio forecast has increased from 40.54x to 43.24x, indicating a higher valuation expectation.
Have other thoughts on Prologis?
Create your own narrative on this stock, and estimate its Fair Value using our Valuator tool.
Create NarrativeDisclaimer
AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.