Prologis, Inc. (PLD)
NYSE: PLD · Real-Time Price · USD
118.94
+1.17 (0.99%)
At close: Oct 22, 2024, 4:00 PM
118.51
-0.43 (-0.36%)
After-hours: Oct 22, 2024, 7:26 PM EDT

Prologis Stock Forecast

Stock Price Forecast

The 18 analysts with 12-month price forecasts for Prologis stock have an average target of 131.67, with a low estimate of 115 and a high estimate of 146. The average target predicts an increase of 10.70% from the current stock price of 118.94.

Analyst Consensus: Buy
Target Low Average Median High
Price $115 $131.67 $132 $146
Change -3.31% +10.70% +10.98% +22.75%

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 May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 886665
Buy 886666
Hold 444667
Sell 000000
Strong Sell 000000
Total 202016181818

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
JP Morgan
JP Morgan
Buy
Maintains
$138$131
Buy Maintains $138$131 +10.14% Oct 21, 2024
Goldman Sachs
Goldman Sachs
Hold
Downgrades
$142$132
Hold Downgrades $142$132 +10.98% Oct 21, 2024
Barclays
Barclays
Buy
Maintains
$142$131
Buy Maintains $142$131 +10.14% Oct 10, 2024
Evercore ISI Group
Evercore ISI Group
Hold
Maintains
$124$128
Hold Maintains $124$128 +7.62% Sep 16, 2024
Evercore ISI Group
Evercore ISI Group
Hold
Maintains
$122$124
Hold Maintains $122$124 +4.25% Aug 28, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
7.93B
Revenue Next Year
8.60B
from 7.93B
Increased by 8.46%
EPS This Year
2.87
from 3.29
Decreased by -12.71%
EPS Next Year
3.61
from 2.87
Increased by 25.63%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
-----7.93B8.60B9.34B
Revenue Growth
13.80%34.14%9.03%21.71%32.56%-8.46%8.55%
EPS
2.462.013.944.253.292.873.613.44
EPS Growth
-14.09%-18.51%96.35%7.83%-22.63%-12.71%25.63%-4.75%
Forward PE
-----41.4232.9734.61
No. Analysts -----1097
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 9.1B 9.8B 10.7B
Avg 7.9B 8.6B 9.3B
Low 7.4B 7.8B 8.6B

Revenue Growth

Revenue Growth 20242025202620272028
High -
23.6%
23.9%
Avg -
8.5%
8.6%
Low -
-1.5%
-0.0%

EPS Forecast

EPS 20242025202620272028
High 3.10 6.41 3.89
Avg 2.87 3.61 3.44
Low 2.72 2.72 3.06

EPS Growth

EPS Growth 20242025202620272028
High
-5.8%
123.0%
7.7%
Avg
-12.7%
25.6%
-4.7%
Low
-17.2%
-5.1%
-15.2%
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.