BNP Paribas Exane Boosts Prologis (NYSE:PLD) Price Target to $140.00

Prologis (NYSE:PLD) had its price objective increased by research analysts at BNP Paribas Exane from $129.00 to $140.00 in a research report issued to clients and investors on Wednesday,MarketScreener reports. The firm currently has an “outperform” rating on the real estate investment trust’s stock. BNP Paribas Exane’s price target suggests a potential upside of 10.21% from the stock’s previous close.

Several other research firms have also recently weighed in on PLD. Industrial Alliance Securities set a $119.00 price objective on shares of Prologis in a research report on Monday, October 20th. BTIG Research upped their target price on shares of Prologis from $134.00 to $155.00 and gave the stock a “buy” rating in a research report on Wednesday, December 31st. Robert W. Baird reissued a “neutral” rating and issued a $130.00 price target (up previously from $128.00) on shares of Prologis in a report on Thursday, January 8th. Argus boosted their price objective on shares of Prologis from $128.00 to $135.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, Truist Financial increased their price objective on Prologis from $131.00 to $142.00 and gave the company a “buy” rating in a research report on Tuesday. Thirteen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, Prologis currently has a consensus rating of “Moderate Buy” and a consensus target price of $134.11.

Prologis Price Performance

PLD traded up $0.36 during trading on Wednesday, hitting $127.03. The company’s stock had a trading volume of 4,134,493 shares, compared to its average volume of 3,060,831. The company has a quick ratio of 0.64, a current ratio of 0.19 and a debt-to-equity ratio of 0.61. The stock has a market capitalization of $118.00 billion, a price-to-earnings ratio of 35.78, a price-to-earnings-growth ratio of 3.70 and a beta of 1.40. The firm’s 50 day moving average price is $128.38 and its two-hundred day moving average price is $119.18. Prologis has a 12 month low of $85.35 and a 12 month high of $134.94.

Prologis (NYSE:PLD) last announced its earnings results on Wednesday, January 21st. The real estate investment trust reported $1.44 EPS for the quarter, hitting the consensus estimate of $1.44. Prologis had a return on equity of 6.64% and a net margin of 37.86%.The company had revenue of $2.25 billion for the quarter, compared to analysts’ expectations of $2.09 billion. During the same quarter in the prior year, the business earned $1.42 earnings per share. The business’s revenue for the quarter was up 7.8% on a year-over-year basis. Prologis has set its FY 2026 guidance at 6.000-6.200 EPS. Sell-side analysts forecast that Prologis will post 5.73 earnings per share for the current fiscal year.

Insider Activity at Prologis

In other news, Director Cristina Gabriela Bita sold 621 shares of the stock in a transaction on Monday, December 1st. The stock was sold at an average price of $127.60, for a total value of $79,239.60. Following the transaction, the director owned 8,208 shares of the company’s stock, valued at $1,047,340.80. This represents a 7.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.57% of the company’s stock.

Hedge Funds Weigh In On Prologis

Several hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake in Prologis by 0.3% during the 3rd quarter. Vanguard Group Inc. now owns 122,064,883 shares of the real estate investment trust’s stock worth $13,978,870,000 after acquiring an additional 323,551 shares during the last quarter. State Street Corp increased its stake in Prologis by 1.9% during the 2nd quarter. State Street Corp now owns 58,640,842 shares of the real estate investment trust’s stock worth $6,164,325,000 after purchasing an additional 1,088,544 shares in the last quarter. Geode Capital Management LLC raised its holdings in Prologis by 1.4% during the 2nd quarter. Geode Capital Management LLC now owns 22,416,833 shares of the real estate investment trust’s stock worth $2,345,922,000 after buying an additional 310,333 shares during the period. Massachusetts Financial Services Co. MA lifted its stake in Prologis by 1.6% in the second quarter. Massachusetts Financial Services Co. MA now owns 16,506,899 shares of the real estate investment trust’s stock valued at $1,735,205,000 after buying an additional 253,338 shares in the last quarter. Finally, Norges Bank acquired a new position in shares of Prologis in the second quarter valued at approximately $1,288,936,000. Institutional investors and hedge funds own 93.50% of the company’s stock.

Prologis News Summary

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: Q4 revenue beat and strong leasing — Prologis reported Q4 results with revenue above expectations and management highlighted robust warehouse leasing, supporting near-term cash flow and rent-roll momentum. Article Title
• Positive Sentiment: Record lease signings in 2025 — Management said lease activity hit record levels last year, which underpins rent growth prospects and occupancy stability going into 2026. Article Title
• Positive Sentiment: U.S. warehouse market expected to tighten through 2026 — Prologis forecasts tighter fundamentals, a tailwind for future rent growth and valuations of logistics assets. Article Title
• Positive Sentiment: Analysts raising forecasts and price targets — Multiple firms (Argus, Truist, Wells Fargo and others) increased price targets or ratings after results, reflecting improved outlook for leasing and earnings. These upgrades help support investor sentiment. Article Title
• Neutral Sentiment: Q4 EPS roughly in line with estimates — EPS met consensus while revenue beat; that combination leaves valuation moves tied to forward guidance and leasing trends rather than an EPS surprise. Article Title
• Neutral Sentiment: Earnings call highlighted a durable growth pipeline — Management emphasized development and power/data center pipeline, important for long-term growth but subject to execution and capex cycles. Article Title
• Negative Sentiment: Mixed analyst signals — Evercore ISI raised its target modestly but kept an “in-line” rating (target below some newer marks), which implies limited upside from current levels and introduces some analyst divergence. Article Title

Prologis Company Profile

Prologis, Inc is a real estate investment trust (REIT) specializing in logistics and distribution facilities. The company focuses on acquiring, developing, and managing high-quality industrial real estate assets that support supply chain infrastructure for third-party logistics providers, e-commerce businesses, retailers and manufacturers. Its portfolio primarily consists of warehouse and distribution centers designed to optimize goods movement and storage near key transportation hubs.

With a global presence, Prologis serves customers across the Americas, Europe and Asia Pacific.