Jefferies Financial Group Cuts Prologis (NYSE:PLD) Price Target to $155.00

Key Points

• Jefferies Financial Group cut its price target on Prologis to $155 from $157 but maintained a buy rating, implying roughly a 12.7% upside from the current share price.
• Industry coverage remains mixed-to-positive with a consensus of Moderate Buy (13 Buys, 7 Holds) and an average analyst target of $138.16, reflecting varied recent revisions across brokers.
• Prologis beat revenue expectations in the quarter ($2.25B vs. $2.09B), matched EPS at $1.44, and reiterated FY2026 guidance of 6.00–6.20 EPS.

Prologis (NYSE:PLD - Get Free Report) had its target price dropped by stock analysts at Jefferies Financial Group from $157.00 to $155.00 in a research report issued to clients and investors on Tuesday,MarketScreener reports. The firm presently has a "buy" rating on the real estate investment trust's stock. Jefferies Financial Group's price objective indicates a potential upside of 12.73% from the company's current price.

Several other brokerages also recently issued reports on PLD. Royal Bank Of Canada boosted their price target on shares of Prologis from $132.00 to $135.00 and gave the company a "sector perform" rating in a report on Monday, February 2nd. Truist Financial dropped their price objective on shares of Prologis from $142.00 to $139.00 and set a "buy" rating on the stock in a report on Monday, January 26th. Wall Street Zen downgraded shares of Prologis from a "hold" rating to a "sell" rating in a research report on Saturday, February 7th. Evercore upped their target price on shares of Prologis from $118.00 to $121.00 and gave the stock an "in-line" rating in a research report on Thursday, January 22nd. Finally, Morgan Stanley set a $135.00 price target on shares of Prologis in a research note on Friday, January 16th. Thirteen research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $138.16.

Prologis Stock Up 0.3%

Shares of Prologis stock opened at $137.49 on Tuesday. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 0.61. The business's 50 day simple moving average is $135.78 and its 200-day simple moving average is $129.19. The stock has a market capitalization of $128.18 billion, a price-to-earnings ratio of 38.81, a PEG ratio of 3.24 and a beta of 1.40. Prologis has a twelve month low of $97.10 and a twelve month high of $143.95.

Prologis (NYSE:PLD - Get Free Report) last released its quarterly earnings data on Wednesday, January 21st. The real estate investment trust reported $1.44 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $1.44. The business had revenue of $2.25 billion during the quarter, compared to analyst estimates of $2.09 billion. Prologis had a return on equity of 5.79% and a net margin of 37.86%.The business's revenue for the quarter was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.42 EPS. Prologis has set its FY 2026 guidance at 6.000-6.200 EPS. Equities research analysts forecast that Prologis will post 5.73 earnings per share for the current year.

Hedge Funds Weigh In On Prologis

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. D.A. Davidson & CO. boosted its position in shares of Prologis by 16.7% during the 3rd quarter. D.A. Davidson & CO. now owns 587,157 shares of the real estate investment trust's stock valued at $67,241,000 after purchasing an additional 83,966 shares in the last quarter. Nvwm LLC raised its holdings in shares of Prologis by 6,069.7% in the 4th quarter. Nvwm LLC now owns 15,486 shares of the real estate investment trust's stock worth $1,977,000 after purchasing an additional 15,235 shares in the last quarter. Foresight Group Ltd Liability Partnership lifted its stake in Prologis by 240.1% during the third quarter. Foresight Group Ltd Liability Partnership now owns 44,715 shares of the real estate investment trust's stock valued at $5,109,000 after purchasing an additional 31,567 shares during the last quarter. National Pension Service lifted its stake in Prologis by 2.4% during the third quarter. National Pension Service now owns 2,443,137 shares of the real estate investment trust's stock valued at $279,788,000 after purchasing an additional 56,272 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in Prologis by 3.6% during the third quarter. Envestnet Asset Management Inc. now owns 3,644,875 shares of the real estate investment trust's stock worth $417,411,000 after buying an additional 126,613 shares in the last quarter. Institutional investors own 93.50% of the company's stock.

Prologis Company Profile

Prologis, Inc is a real estate investment trust (REIT) specializing in logistics and distribution facilities. The company focuses on acquiring, developing, and managing high-quality industrial real estate assets that support supply chain infrastructure for third-party logistics providers, e-commerce businesses, retailers and manufacturers. Its portfolio primarily consists of warehouse and distribution centers designed to optimize goods movement and storage near key transportation hubs.

With a global presence, Prologis serves customers across the Americas, Europe and Asia Pacific.

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