Prologis (NYSE:PLD) Updates FY 2026 Earnings Guidance

Prologis (NYSE:PLD) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 6.000-6.200 for the period, compared to the consensus earnings per share estimate of 4.120. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on PLD. Wells Fargo & Company increased their price target on shares of Prologis from $120.00 to $139.00 and gave the stock an “overweight” rating in a report on Monday, October 27th. Industrial Alliance Securities set a $119.00 price objective on Prologis in a research report on Monday, October 20th. Robert W. Baird reissued a “neutral” rating and set a $130.00 price objective (up previously from $128.00) on shares of Prologis in a research note on Thursday, January 8th. UBS Group upped their target price on Prologis from $137.00 to $144.00 and gave the stock a “buy” rating in a research note on Thursday, January 8th. Finally, Evercore ISI lifted their price target on Prologis from $116.00 to $118.00 in a research report on Monday, December 22nd. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Prologis presently has a consensus rating of “Moderate Buy” and a consensus target price of $133.00.

Prologis Trading Down 1.9%

Shares of PLD opened at $130.74 on Wednesday. The firm’s 50-day moving average price is $128.12 and its 200-day moving average price is $118.90. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 0.62. The firm has a market capitalization of $121.44 billion, a price-to-earnings ratio of 38.12, a PEG ratio of 3.90 and a beta of 1.40. Prologis has a 1-year low of $85.35 and a 1-year high of $134.94.

Prologis (NYSE:PLD) last posted its quarterly earnings results on Wednesday, January 21st. The real estate investment trust reported $1.44 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.44. Prologis had a return on equity of 5.55% and a net margin of 36.71%.The company’s revenue was up 7.8% compared to the same quarter last year. During the same period last year, the firm posted $1.42 earnings per share. Prologis has set its FY 2026 guidance at 6.000-6.200 EPS. Sell-side analysts anticipate that Prologis will post 5.73 EPS for the current year.

Prologis Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 16th were issued a dividend of $1.01 per share. This represents a $4.04 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend was Tuesday, December 16th. Prologis’s payout ratio is currently 117.78%.

Insider Buying and Selling

In other news, Director James B. Connor sold 80,000 shares of the firm’s stock in a transaction on Friday, October 24th. The stock was sold at an average price of $126.58, for a total transaction of $10,126,400.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Cristina Gabriela Bita sold 621 shares of the firm’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $127.60, for a total value of $79,239.60. Following the sale, the director directly owned 8,208 shares in the company, valued at approximately $1,047,340.80. The trade was a 7.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 81,121 shares of company stock worth $10,267,210. 0.57% of the stock is owned by insiders.

Prologis News Summary

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: Management set FY‑2026 EPS guidance of $6.00–$6.20, well above consensus (~$4.12), signalling stronger forward earnings power and driving investor enthusiasm. Press Release / Guidance
• Positive Sentiment: Q4 results were characterized as solid: Core FFO per diluted share was $1.44 (Q4) and net EPS $1.49; some outlets reported the company topped revenue and EPS expectations, which helped lift the shares. TipRanks: Q4 Beats
• Positive Sentiment: Operational highlights: Prologis signed a record 228 million sq. ft. of leases in 2025 and expanded power capacity to support data‑center growth — evidence of secular demand that supports long‑term cash flow. PR Newswire: Q4 & FY2025 Results
• Positive Sentiment: Analyst support: Truist raised its price target (to $142) and maintained a Buy rating, reinforcing positive sentiment and providing technical/supportive flow. Benzinga: Truist PT Raise
• Neutral Sentiment: Market commentary: Several analysts and outlets are re‑evaluating PLD after recent gains and mixed valuation signals — useful context but not an immediate catalyst. Yahoo Finance: Valuation Piece
• Neutral Sentiment: Japan portfolio activity: A related announcement about asset swap pricing between Japan Logistics Fund and Nippon Prologis REIT may affect regional capital deployment but has limited direct impact on US listed PLD. TipRanks: Japan Asset Swap
• Negative Sentiment: Cost/interest headwinds: Analysts have flagged elevated interest expense and financing costs as a potential drag on margins and FFO growth, which could cap upside if rates stay high. Zacks: Interest Expense Concern

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Wellington Management Group LLP raised its stake in Prologis by 1.2% in the third quarter. Wellington Management Group LLP now owns 6,995,375 shares of the real estate investment trust’s stock valued at $801,110,000 after buying an additional 85,012 shares in the last quarter. Amundi grew its position in Prologis by 22.0% during the third quarter. Amundi now owns 5,651,563 shares of the real estate investment trust’s stock valued at $661,968,000 after acquiring an additional 1,020,819 shares during the period. Alliancebernstein L.P. raised its holdings in shares of Prologis by 2.9% during the 2nd quarter. Alliancebernstein L.P. now owns 3,718,369 shares of the real estate investment trust’s stock valued at $390,875,000 after buying an additional 103,597 shares during the period. Resolution Capital Ltd boosted its stake in shares of Prologis by 13.0% during the 2nd quarter. Resolution Capital Ltd now owns 2,459,975 shares of the real estate investment trust’s stock valued at $258,593,000 after buying an additional 283,038 shares during the last quarter. Finally, CANADA LIFE ASSURANCE Co boosted its holdings in Prologis by 4.8% in the third quarter. CANADA LIFE ASSURANCE Co now owns 2,441,729 shares of the real estate investment trust’s stock worth $278,931,000 after purchasing an additional 111,463 shares during the period. 93.50% of the stock is currently owned by institutional investors and hedge funds.

About Prologis

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.