
Prologis (PLD) Stock Forecast & Price Target
Prologis (PLD) Analyst Ratings
Bulls say
Prologis has demonstrated a robust recovery in its operational performance, marked by a rebound in occupancy rates in the third quarter of 2025, which is expected to support strong 9.5% yield growth for the year, significantly outpacing the REIT industry. The company's development pipeline is projected to see a 19.5% increase in new starts for 2026, driven by improved market fundamentals and a strategy that leverages network effects to enhance rental pricing power ahead of competitors. Additionally, Prologis's ongoing innovations, such as energy generation and data center developments, signify a strategic positioning that mitigates tenant switching costs and enhances long-term growth prospects.
Bears say
The analysis of Prologis's stock indicates a negative outlook due to concerns over future rent growth and occupancy rates, as the expected decline in warehouse vacancy is projected to occur in 2026, with rent growth typically lagging occupancy recovery by 12-18 months. Additionally, potential risks, such as weakened GDP growth, shifts in consumer spending habits, and volatility in credit markets, may adversely affect industrial demand and development yields, leading to weaker-than-expected financial performance. Prologis's forward-looking Fund From Operations (FFO) estimate has been slightly reduced, reflecting a cautious outlook amidst these identified risks, compounded by the company's current trading at a minor discount to its Net Asset Value (NAV) compared to a historical premium.
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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