Prologis, Inc. (PLD)

Prologis Stock Forecast

Stock Price Forecast

The 20 analysts with 12-month price forecasts for Prologis stock have an average target of 135.3, with a low estimate of 112 and a high estimate of 154. The average target predicts an increase of 30.91% from the current stock price of 103.35.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$112	$135.3	$138	$154
Change	+8.37%	+30.91%	+33.53%	+49.01%

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	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	8	7	7	7	7	8
Buy	6	8	8	7	7	8
Hold	2	2	2	2	3	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	16	17	17	16	17	20

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Michael Mueller JP Morgan	JP Morgan	Buy Maintains $143 → $128	Buy	Maintains	$143 → $128	+23.85%	Apr 25, 2024
Marie Ferguson Argus Research	Argus Research	Strong Buy Maintains $139 → $120	Strong Buy	Maintains	$139 → $120	+16.11%	Apr 22, 2024
Caitlin Burrows Goldman Sachs	Goldman Sachs	Strong Buy Maintains $163 → $140	Strong Buy	Maintains	$163 → $140	+35.46%	Apr 22, 2024
John Kim BMO Capital	BMO Capital	Buy → Hold Downgrades $145 → $112	Buy → Hold	Downgrades	$145 → $112	+8.37%	Apr 22, 2024
Brent Dilts UBS	UBS	Strong Buy Maintains $151 → $138	Strong Buy	Maintains	$151 → $138	+33.53%	Apr 18, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

7.81B

Decreased by -2.67%

from 8.02B

Revenue Next Year

8.56B

Increased by 9.59%

from 7.81B

EPS This Year

2.51

Decreased by -23.62%

from 3.29

EPS Next Year

3.04

Increased by 20.98%

from 2.51

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	3.33B	4.44B	4.76B	5.97B	8.02B	7.81B	8.56B	9.77B	10.74B	11.91B
Revenue Growth	18.76%	33.27%	7.23%	25.51%	34.31%	-2.67%	9.59%	14.10%	9.93%	10.93%
EPS	2.46	2.01	3.94	4.25	3.29	2.51	3.04	3.56	3.82	4.04
EPS Growth	-14.29%	-18.29%	96.02%	7.87%	-22.59%	-23.62%	20.98%	16.94%	7.39%	5.82%
No. Analysts	-	-	-	-	-	10	9	6	2	2

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	8.7B	9.7B	10.9B	11.2B	12.4B
Avg	7.8B	8.6B	9.8B	10.7B	11.9B
Low	7.2B	7.7B	8.9B	10.4B	11.6B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	8.6%	24.3%	27.2%	14.3%	15.3%
Avg	-2.7%	9.6%	14.1%	9.9%	10.9%
Low	-10.3%	-1.5%	4.2%	6.7%	7.6%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	2.90	3.59	3.98	3.97	4.20
Avg	2.51	3.04	3.56	3.82	4.04
Low	2.11	2.62	3.17	3.70	3.92

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	-11.9%	42.9%	30.9%	11.6%	10.0%
Avg	-23.6%	21.0%	16.9%	7.4%	5.8%
Low	-36.0%	4.1%	4.1%	4.2%	2.7%

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.