
Prologis (PLD) Stock Forecast & Price Target
Prologis (PLD) Analyst Ratings
Bulls say
Prologis demonstrates a positive outlook due to its strong operational performance, evidenced by a valuation recovery to 2018 levels, with a projected 9.5% yield and growth that exceeds the REIT industry average by over 500 basis points for 2025. The company plans to initiate $3.3 billion in development starts in 2026, reflecting a 19.5% increase compared to 2025, alongside expectations of improved market fundamentals and enhanced external growth opportunities driving earnings upside. Additionally, innovative service offerings and a robust data center development pipeline amplify Prologis's competitive edge, leading to an anticipated occupancy recovery and increased net operating income in the coming years.
Bears say
Prologis faces several significant challenges that contribute to a negative outlook on its stock. The anticipated decline in warehouse vacancy rates in 2026 is expected to result in delayed rent growth, with potential deterioration in demand for industrial real estate and increased supply deliveries which could weaken occupancy and lease spreads. Additionally, a slight reduction in the 2026 FFO estimate indicates concerns over growth, while external risks such as weak GDP growth and shifts in consumer spending habits further complicate the company's revenue potential.
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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