Prologis (NYSE:PLD) Updates FY 2026 Earnings Guidance

Prologis (NYSE:PLD) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 6.070-6.230 for the period, compared to the consensus earnings per share estimate of 4.210. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on PLD shares. UBS Group lifted their target price on Prologis from $148.00 to $161.00 and gave the stock a “buy” rating in a report on Friday. Barclays reiterated an “overweight” rating and set a $139.00 target price on shares of Prologis in a report on Tuesday, January 13th. Truist Financial reduced their target price on Prologis from $142.00 to $139.00 and set a “buy” rating on the stock in a report on Monday, January 26th. Freedom Capital lowered Prologis from a “strong-buy” rating to a “hold” rating in a report on Friday, January 23rd. Finally, Weiss Ratings lowered Prologis from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday. Twelve research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Prologis currently has a consensus rating of “Moderate Buy” and a consensus price target of $140.05.

Prologis Stock Performance

PLD stock opened at $145.16 on Friday. The business’s 50-day moving average price is $136.29 and its two-hundred day moving average price is $129.74. The company has a current ratio of 0.16, a quick ratio of 0.58 and a debt-to-equity ratio of 0.60. The firm has a market cap of $135.32 billion, a PE ratio of 36.56, a P/E/G ratio of 3.35 and a beta of 1.40. Prologis has a 1-year low of $97.10 and a 1-year high of $145.44.

Prologis (NYSE:PLD) last posted its earnings results on Thursday, April 16th. The real estate investment trust reported $1.05 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.24. The firm had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.12 billion. Prologis had a return on equity of 6.46% and a net margin of 41.54%.The company’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same period in the previous year, the company posted $1.43 earnings per share. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. As a group, research analysts forecast that Prologis will post 5.73 earnings per share for the current year.

Prologis Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th were issued a $1.07 dividend. This represents a $4.28 dividend on an annualized basis and a dividend yield of 2.9%. This is a positive change from Prologis’s previous quarterly dividend of $1.01. The ex-dividend date was Tuesday, March 17th. Prologis’s dividend payout ratio is presently 120.56%.

Key Prologis News

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: Q1 beat and raised FY‑2026 guidance — Prologis reported FFO and revenue above expectations, highlighted record leasing and stronger occupancy/same‑store NOI targets, and lifted its FY26 FFO guidance, which underpins today’s share strength. Prologis Reports First Quarter 2026 Results
• Positive Sentiment: Analysts raise estimates and price targets — Multiple firms boosted forecasts and models after the print; UBS raised its price target to $161 and maintained a Buy, signaling analyst confidence in upside vs. the current level. UBS adjusts Prologis price target
• Neutral Sentiment: Mixed analyst stance despite beat — Some firms raised forecasts, while others kept Hold/Neutral ratings citing full valuation or moderating NOI trends; this produces a balanced, not unanimous, buy signal. Analysts increase forecasts on Prologis
• Neutral Sentiment: Data‑center expansion provides growth optionality but adds capital intensity — Management is scaling the data‑center pipeline (new development starts), which could boost long‑term growth but introduces execution and financing considerations. Warehouse Giant Prologis Lifts 2026 Outlook
• Negative Sentiment: Pipeline and structural stress concerns — Critical commentary flags the large (multi‑GW) data‑center pipeline as testing Prologis’ structure and balance‑sheet resilience; this raises risk that growth pushes on credit metrics or dividend coverage if execution/markets wobble. Prologis: A Credit Rating And 1.51x Dividend Buffer

Institutional Trading of Prologis

A number of institutional investors have recently modified their holdings of the company. Cadence Bank lifted its holdings in shares of Prologis by 2.1% in the third quarter. Cadence Bank now owns 4,209 shares of the real estate investment trust’s stock valued at $482,000 after purchasing an additional 87 shares in the last quarter. CYBER HORNET ETFs LLC lifted its holdings in shares of Prologis by 3.7% in the third quarter. CYBER HORNET ETFs LLC now owns 2,523 shares of the real estate investment trust’s stock valued at $289,000 after purchasing an additional 90 shares in the last quarter. FineMark National Bank & Trust lifted its holdings in shares of Prologis by 4.1% in the fourth quarter. FineMark National Bank & Trust now owns 2,537 shares of the real estate investment trust’s stock valued at $324,000 after purchasing an additional 100 shares in the last quarter. Truvestments Capital LLC lifted its holdings in shares of Prologis by 11.4% in the fourth quarter. Truvestments Capital LLC now owns 990 shares of the real estate investment trust’s stock valued at $126,000 after purchasing an additional 101 shares in the last quarter. Finally, Vise Technologies Inc. lifted its holdings in shares of Prologis by 2.5% in the third quarter. Vise Technologies Inc. now owns 4,325 shares of the real estate investment trust’s stock valued at $495,000 after purchasing an additional 106 shares in the last quarter. 93.50% of the stock is currently owned by institutional investors.

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.