Prologis, Inc.
PLD · Price history
Price at last available close
$125.05
−$7.39 (-5.58%) 1M
2026-10-28
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Company & revenue
About Prologis, Inc.
Primary reporting period: 2025-12-31 · Research updated Oct 5, 2026. A research update is not a new financial filing.
Who they are
Prologis, Inc. don't just lead the industry, they define it. The firm creates the intelligent infrastructure that powers global commerce, seamlessly connecting the digital and physical worlds. From agile supply chains to clean energy solutions, their ecosystems help your business move faster, operate smarter and grow sustainably.
How they make money
Prologis, Inc. is a self-administered and self-managed real estate investment trust (REIT) that operates as a global leader in logistics real estate. The company generates revenue primarily through the ownership, acquisition, development, and management of logistics facilities, leasing space to a diverse base of customers, and through strategic capital ventures where it co-invests with partners.
Products & services
Logistics real estate facilities, including warehouses and distribution centers, and related digital infrastructure and energy solutions.
Brands & revenue mix
No separate brand or brand-level revenue disclosure was confirmed in the reviewed sources. This does not mean the company has no brands.
Product / operating segments
Geographic revenue
No reconciled geographic revenue breakdown was confirmed for the current research period.
Customer types
Customer concentration
As of December 31, 2025, the company reported having more than 4,000 customers in its Real Estate Segment and 6,500 customers across its total owned and managed portfolio, indicating a highly diversified customer base with no single customer concentration disclosed as material.
Suppliers, materials & equipment
- Construction and development contractors — Third-party contractors engaged for the development and redevelopment of logistics properties.Source
Strengths
Wall Street Score
Overall investment score · Quality, value, risk and opportunity
41
Weak
View category scores →
Company Quality
How good is the actual business—regardless of today’s stock price?
55
Fair
Financial Strength
56
Business Quality / Moat
60
Management
50
Growth Quality
41
Risk / Durability
73
Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.
Opportunity
Opportunity Score · How does the current price compare with estimated value?
58
Avoid
Based on current valuation, company quality, recent trends, and available market signals.
View score details →
Model Outlook
12-month model · What does the model think happens next?
58/100
Building Historical Record
Model Score 58/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.
Probability unavailable — the model has not produced a calibrated probability yet.
Click for full breakdown →
WSS View
The quick read
The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.
At today’s price, the WSS valuation framework currently reads as moderate rather than unusually attractive.
The model outlook is currently moderate.
- •Recent buyback activity is present
- •M&A headline · Oct 21, 2026
- •Revenue fundamentals are weak
- •Debt / balance-sheet profile needs attention
- •Asset quality is a weaker factor
Company-specific research
Questions worth answering for PLD
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
- •Can PLD maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
- •Is PLD's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
- •Is PLD's debt load manageable relative to cash generation, interest costs and upcoming maturities?
Essential Investment Snapshot
Wall Street Score
41
Opportunity Score
58
Market Cap
$118.92B
P/E Ratio
28.2
EPS
$4.54
52-Week High
$153.35
52-Week Low
$121.40
Beta
1.32
Intrinsic Value
$163.36
Analyst Target
$156.00
Shares Outstanding
958.0M
Total Revenue
$9.36B
Total Debt
$36.44B
Reported Dividend Yield
3.09%
Liquidation Value / Share
$60.67
Momentum & Volatility Signals
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
Weakening momentum
Low movement
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Notices for PLD
Detected from reported data — verify before acting.Dividend history reported
The provider reports a dividend yield. Confirm the latest declaration before treating it as a current payment.
Historical repurchase activity
Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.
M&A headline · Oct 21, 2026
SEGRO says new rent contracted rises 32% as Prologis takeover targets first-half 2027 completion — This is a provider-linked headline, not an independently confirmed event. Check the article and company filings for the subject, proposed/completed status, and subsequent updates.
Proactive InvestorsCommunity Sentiment
0 active · 0 total callsNo personal call yet on PLD.
Potential upside factors
- +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
- +Global scale and diversification of the logistics real estate platform.
- +High-barrier, high-growth market presence across 20 countries.
- +Positive free cash flow may provide capacity to invest in growth.
Potential downside factors
- −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the REIT - Industrial industry.
- −Social, geopolitical, and economic risks associated with global operations.
- −Fluctuations in real estate market demand and lease renewal rates.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
Create a free account to make a call.
Scores
Click any score for full breakdownWas this stock page easy to understand?
One click helps us improve the research experience. This is not tied to an investment decision.
Score Changes
7 historical score records availablePrevious Score
41
Oct 16, 2026
Change
-0.6
points
Current Score
41
Oct 21, 2026
Category Changes
PLD decreased 0.6 points because Valuation declined by 2.1 points.
Negative Contributors
- − Valuation declined by 2.1 points
Projected Score
Projected Score
44
Projected Change
+3.2 points
Preliminary comparable-period financial changes suggest improvement of approximately 3.2 points. This is a projected estimate, not the official WallStreetScore.
Price vs. Value
UndervaluedCurrent Price
$125.14
Model Intrinsic Value
$163.36
Difference
−$38.22
-23.4% vs IV
Margin of Safety
23.4%
Financial Charts
Revenue
Additional Metrics
Operating Cash Flow
Total Debt
Total Assets
Net Margin %
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
| Line Item | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.36B | $8.79B | $8.20B | $8.02B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Cost of Revenue | $7.33B | $3.55B | $2.06B | $2.01B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Gross Profit | $2.03B | $5.24B | $6.14B | $6.01B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Research & Development | $0.00 | $0.00 | $0.00 | $0.00 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| SG&A Expenses | $136.9M | $477.8M | $418.8M | $390.4M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Expenses | -$1.55B | $1.70B | $1.73B | $2.31B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| EBITDA | $8.55B | $7.20B | $7.53B | $6.57B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Income | $3.58B | $3.54B | $4.42B | $3.71B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Interest Expense | $1.08B | $1.00B | $837.3M | $618.7M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Before Tax | $4.87B | $3.77B | $4.11B | $3.46B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Tax Expense | $336.8M | $204.0M | $166.9M | $211.0M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Net Income | $4.26B | $3.41B | $3.73B | $3.06B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic EPS | $4.54 | $3.57 | $4.03 | $3.30 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic Shares | 944M | 938M | 926M | 948M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Diluted Shares | 969M | 958M | 954M | 952M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
Earnings Summary
Revenue
$2.39B
Estimate unavailable.
Revenue Beat/Miss
Not available (no estimate stored)
EPS
$0.86
Estimate unavailable.
EPS Beat/Miss
Not available (no estimate stored)
Debt Change
+3.2%
Cash Change
+48.8%
Margin Change
-0.3 pp
Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Improved
- Cash position grew
What Weakened
- Margins contracted
- Debt increased
Potential Score Impact
Positive indicators included revenue growth, EPS growth, cash levels. Pressure indicators included debt levels, net income margin. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
Revenue increased 7.8%. EPS increased 4.9%. Cash increased 48.8%. Total debt increased 3.2%. Net income margin declined by 0.3 percentage points.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
Insider Activity
Guru / Smart Money
Guru Score
30
Smart Money
30
Number of Gurus
2
Total Guru Value
Avg Portfolio Weight
Largest Holder
Largest Holder %
New Positions
Increased Positions
Reduced Positions
Exited Positions
Net Guru Sentiment
Short Interest
Dividend History
A dividend is reported, but detailed payment history is temporarily unavailable or awaiting refresh.
Conservative Projected Values
3 Years
$———.——
5 Years
$———.——
10 Years
$———.——
Conservative Projection Rate
——%
Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
Start 7-Day Free TrialHistorical Outperformance Record
Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.
Start 7-Day Free TrialHistorical Trends
7 historical recordsHistorical Score Chart
3 of 7 records shownWall Street Score
Debt Score
Revenue Score
Asset Score
Capital Score
Management Score
Moat Score
Valuation Score
Buffett Score
Intrinsic Value
Value Reference
Margin of Safety %
Related Companies
REIT - IndustrialNews
SEGRO says new rent contracted rises 32% as Prologis takeover targets first-half 2027 completion
Prologis: The Sell-Off Created A Buying Opportunity (Rating Upgrade)
Benzinga's 'Stock Whisper' Index: Five Stocks Investors Secretly Monitor But Don't Talk About Yet
Prologis Q3 Earnings Call Highlights
Rumor Mill · PLD
Corporate developments & opportunities
No reviewed developments match this filter.
Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.
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