Prologis, Inc. (PLD)
NYSE: PLD · IEX Real-Time Price · USD
113.21
+1.26 (1.13%)
At close: Jul 2, 2024, 4:00 PM
112.72
-0.49 (-0.43%)
After-hours: Jul 2, 2024, 7:54 PM EDT
Prologis Stock Forecast
Stock Price Forecast
The 18 analysts with 12-month price forecasts for Prologis stock have an average target of 130.06, with a low estimate of 112 and a high estimate of 154. The average target predicts an increase of 14.88% from the current stock price of 113.21.
Analyst Consensus: Buy
* Price targets were last updated on May 31, 2024.
Analyst Ratings
The average analyst rating for Prologis stock from 18 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
---|---|---|---|---|---|---|
Strong Buy | 7 | 7 | 7 | 8 | 8 | 7 |
Buy | 8 | 7 | 7 | 8 | 8 | 7 |
Hold | 2 | 2 | 3 | 4 | 4 | 4 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 17 | 16 | 17 | 20 | 20 | 18 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Mizuho | Mizuho | Hold Maintains $130 → $120 | Hold | Maintains | $130 → $120 | +6.00% | May 31, 2024 |
Scotiabank | Scotiabank | Buy Maintains $149 → $130 | Buy | Maintains | $149 → $130 | +14.83% | May 16, 2024 |
RBC Capital | RBC Capital | Buy Maintains $145 → $124 | Buy | Maintains | $145 → $124 | +9.53% | May 6, 2024 |
Baird | Baird | Hold Maintains $137 → $117 | Hold | Maintains | $137 → $117 | +3.35% | May 1, 2024 |
Barclays | Barclays | Buy Maintains $135 → $123 | Buy | Maintains | $135 → $123 | +8.65% | 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.