Prologis, Inc. (PLD)
NYSE: PLD · IEX Real-Time Price · USD
110.49
+2.92 (2.71%)
At close: May 31, 2024, 4:00 PM
111.88
+1.39 (1.26%)
After-hours: May 31, 2024, 7:47 PM EDT
Prologis Stock Forecast
Stock Price Forecast
The 20 analysts with 12-month price forecasts for Prologis stock have an average target of 131.2, with a low estimate of 112 and a high estimate of 154. The average target predicts an increase of 18.74% from the current stock price of 110.49.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Prologis stock from 20 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 7 | 7 | 8 | 8 |
| Buy | 8 | 8 | 7 | 7 | 8 | 8 |
| Hold | 2 | 2 | 2 | 3 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 17 | 17 | 16 | 17 | 20 | 20 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Mizuho | Mizuho | Hold Maintains $130 → $120 | Hold | Maintains | $130 → $120 | +8.61% | May 31, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $149 → $130 | Buy | Maintains | $149 → $130 | +17.66% | May 16, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $145 → $124 | Buy | Maintains | $145 → $124 | +12.23% | May 6, 2024 |
| Baird | Baird | Hold Maintains $137 → $117 | Hold | Maintains | $137 → $117 | +5.89% | May 1, 2024 |
| Barclays | Barclays | Buy Maintains $135 → $123 | Buy | Maintains | $135 → $123 | +11.32% | Apr 29, 2024 |
Financial Forecast
Revenue This Year
7.72B
from 8.02B
Decreased by -3.73%
Revenue Next Year
8.45B
from 7.72B
Increased by 9.43%
EPS This Year
2.49
from 3.29
Decreased by -24.43%
EPS Next Year
2.92
from 2.49
Increased by 17.60%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.3B | 9.1B | 10.0B | 10.8B | 11.9B |
| Avg | 7.7B | 8.5B | 9.5B | 10.3B | 11.5B |
| Low | 7.3B | 7.8B | 9.0B | 10.0B | 11.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.9% | 17.9% | 18.8% | 14.2% | 15.2% |
| Avg | -3.7% | 9.4% | 11.9% | 9.4% | 10.8% |
| Low | -8.5% | 1.1% | 6.7% | 5.7% | 7.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.93 | 3.63 | 4.31 | 4.75 | 5.59 |
| Avg | 2.49 | 2.92 | 3.49 | 3.93 | 4.42 |
| Low | 2.04 | 2.43 | 2.86 | 3.19 | 3.37 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -11.0% | 46.1% | 47.2% | 36.0% | 42.2% |
| Avg | -24.4% | 17.6% | 19.3% | 12.6% | 12.6% |
| Low | -38.0% | -2.2% | -2.1% | -8.4% | -14.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.