Prologis, Inc. (PLD)
NYSE: PLD · IEX Real-Time Price · USD
123.21
+1.72 (1.42%)
At close: Jul 17, 2024, 4:00 PM
124.00
+0.79 (0.64%)
After-hours: Jul 17, 2024, 7:27 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 5.56% from the current stock price of 123.21.

Analyst Consensus: Buy
Target Low Average Median High
Price $112 $130.06 $130 $154
Change -9.10% +5.56% +5.51% +24.99%
* 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 Feb '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 778887
Buy 778887
Hold 234444
Sell 000000
Strong Sell 000000
Total 161720202018

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Mizuho
Mizuho
Hold
Maintains
$130$120
Hold Maintains $130$120 -2.61% May 31, 2024
Scotiabank
Scotiabank
Buy
Maintains
$149$130
Buy Maintains $149$130 +5.51% May 16, 2024
RBC Capital
RBC Capital
Buy
Maintains
$145$124
Buy Maintains $145$124 +0.64% May 6, 2024
Baird
Baird
Hold
Maintains
$137$117
Hold Maintains $137$117 -5.04% May 1, 2024
Barclays
Barclays
Buy
Maintains
$135$123
Buy Maintains $135$123 -0.17% Apr 29, 2024
More Analyst Ratings

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%
Year 2019202020212022202320242025202620272028
Revenue
3.33B4.44B4.76B5.97B8.02B7.72B8.45B9.46B10.35B11.47B
Revenue Growth
18.76%33.27%7.23%25.51%34.31%-3.73%9.43%11.89%9.41%10.83%
EPS
2.462.013.944.253.292.492.923.493.934.42
EPS Growth
-14.29%-18.29%96.02%7.87%-22.59%-24.43%17.60%19.34%12.59%12.60%
Forward PE
-----49.5642.1435.3131.3627.85
No. Analysts -----108633
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
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 20242025202620272028
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 20242025202620272028
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 20242025202620272028
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.