
Prologis (PLD) Stock Forecast & Price Target
Prologis (PLD) Analyst Ratings
Bulls say
Prologis demonstrates a positive outlook due to its strong operational performance and strategic growth initiatives, with occupancy rebounding in Q3 2025 and a projected 9.5% yield for the year that outpaces the REIT industry by over 500 basis points. The company is set to initiate $3.3 billion in development starts in 2026, reflecting a 19.5% increase compared to 2025, supported by improved market fundamentals and enhanced external growth opportunities. Furthermore, Prologis's innovative service offerings, including energy generation and data center developments, are expected to elevate tenant switching costs and contribute to sustainable earnings growth in the coming years.
Bears say
The financial outlook for Prologis reflects concerns regarding the delayed recovery of rent growth, which typically follows a 12-18 month lag behind occupancy improvements, indicating potential short-term income challenges. Additionally, there are several risks that could adversely impact the company's performance, including weak GDP growth, shifting consumer spending habits, and volatility in credit markets, all of which could affect industrial demand and limit development yields. Furthermore, Prologis's current trading at a minor discount to net asset value, contrasted with a historical premium, exacerbates concerns about future valuation stability in the face of increasing supply deliveries and uncertain market conditions.
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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