Prologis (NYSE:PLD) Price Target Raised to $157.00

24 Apr 2026, 02:44 by Doug Wharley · The Cerbat Gem

Prologis (NYSE:PLD – Free Report) had its target price increased by JPMorgan Chase & Co. from $141.00 to $157.00 in a report released on Tuesday morning,MarketScreener reports. JPMorgan Chase & Co. currently has an overweight rating on the real estate investment trust’s stock.

A number of other research analysts have also weighed in on the company. Weiss Ratings lowered Prologis from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, April 16th. BNP Paribas Exane raised their target price on Prologis from $140.00 to $150.00 and gave the company an “outperform” rating in a report on Friday, April 17th. Jefferies Financial Group dropped their target price on Prologis from $157.00 to $155.00 and set a “buy” rating on the stock in a report on Tuesday, April 14th. Freedom Capital lowered Prologis from a “strong-buy” rating to a “hold” rating in a report on Friday, January 23rd. Finally, Truist Financial dropped their price target on Prologis from $142.00 to $139.00 and set a “buy” rating on the stock in a report on Monday, January 26th. Fourteen investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $146.57.

Read Our Latest Stock Analysis on PLD

Prologis Trading Up 0.7%

Shares of Prologis stock opened at $142.40 on Tuesday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.58 and a current ratio of 0.16. Prologis has a 52 week low of $100.22 and a 52 week high of $145.44. The stock has a 50 day moving average price of $136.63 and a two-hundred day moving average price of $130.48. The stock has a market capitalization of $132.75 billion, a PE ratio of 35.87, a price-to-earnings-growth ratio of 3.13 and a beta of 1.40.

Prologis (NYSE:PLD – Get Free Report) last announced its quarterly earnings data on Thursday, April 16th. The real estate investment trust reported $1.05 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.24. Prologis had a return on equity of 6.46% and a net margin of 41.54%.The firm had revenue of $2.30 billion during the quarter, compared to analysts’ expectations of $2.12 billion. During the same quarter last year, the firm posted $1.43 earnings per share. The company’s revenue for the quarter was up 6.9% compared to the same quarter last year. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. As a group, equities analysts anticipate that Prologis will post 6.15 earnings per share for the current fiscal year.

Prologis Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th were paid a $1.07 dividend. The ex-dividend date was Tuesday, March 17th. This is a boost from Prologis’s previous quarterly dividend of $1.01. This represents a $4.28 annualized dividend and a dividend yield of 3.0%. Prologis’s dividend payout ratio is presently 107.81%.

Institutional Trading of Prologis

Several hedge funds have recently made changes to their positions in the company. Ares Financial Consulting LLC purchased a new position in shares of Prologis in the fourth quarter valued at $26,000. High Point Wealth Management LLC purchased a new position in shares of Prologis in the fourth quarter valued at $26,000. Eagle Bay Advisors LLC purchased a new position in shares of Prologis in the fourth quarter valued at $27,000. SouthState Bank Corp grew its position in shares of Prologis by 73.1% in the fourth quarter. SouthState Bank Corp now owns 225 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 95 shares in the last quarter. Finally, Hilton Head Capital Partners LLC purchased a new position in shares of Prologis in the fourth quarter valued at $29,000. 93.50% of the stock is currently owned by institutional investors.

More Prologis News

Here are the key news stories impacting Prologis this week:

Positive Sentiment: Major bank upgrade activity: Bank of America raised its price target to $162, signaling stronger upside for PLD on continued demand for logistics real estate. Read More.
Positive Sentiment: DA Davidson bumped its target to $160 and kept a buy stance, reinforcing analyst conviction in Prologis’ growth and cash-flow trajectory. Read More.
Positive Sentiment: JPMorgan raised its price target to $157, another institutional vote of confidence that supports upside expectations for PLD. Read More.
Positive Sentiment: Scotiabank increased its target to $154, adding to the cluster of analyst upgrades that help lift investor sentiment. Read More.
Positive Sentiment: Mizuho raised its target to $150 and maintained an outperform rating, reinforcing consensus momentum among brokers. Read More.
Positive Sentiment: Jefferies reiterated its buy rating on Prologis, keeping institutional support steady. Read More.
Positive Sentiment: Analyst consensus remains overweight/moderate-buy, reflecting broad-based expectations for continued earnings power and cash flow. Read More.
Positive Sentiment: Company Q1 investor presentation reiterated strong Q1 results, solid leasing trends and FY guidance, supporting the fundamental case for PLD. Read More.
Neutral Sentiment: Prologis priced a $1.25 billion senior unsecured notes offering (various maturities). This raises liquidity but increases debt; investors will watch use of proceeds and interest costs for impact on leverage. Read More.
Neutral Sentiment: Sector note — Crown Castle (CCI) reported Q1 AFFO and revenue beats, indicating resilience in the broader towers/communications & logistics REIT complex, which can be a modest tailwind for PLD sentiment. Read More.

Prologis Company Profile

(Get Free Report)

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.