Prologis, Inc. (PLD) Price Target Analysis
Updated Jul 2, 2026
Analyst Rating: Buy
Based on 42 analysts3.9% Below Target
PLD trades 3.9% below Wall Street's consensus target of $149.14.
Current Price$143.61
Average Target$149.14
Target
Current
Low$130.00
Median$152.00
High$170.00
Analyst Target Range
Forward P/E43.1x
(Growth Premium)
PEG Ratio3.40
(Expensive)
Implied Growth-14.1%
(Declining)
Analyst Spread26.8%
(High Agreement)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes PLD achieves its forward estimates and maintains a stable P/E multiple of 43.1x. This scenario reflects the blended consensus of 42 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
PLD Price Target Analysis
Updated July 8, 2026As of July 8, 2026, Prologis, Inc. (PLD) has a Wall Street consensus price target of $149.14, based on estimates from 42 covering analysts. With the stock currently trading at $143.61, this represents a potential upside of +3.9%. The company has a market capitalization of $133.89B.
Analyst price targets range from a low of $130.00 to a high of $170.00, representing a 27% spread in expectations. The median target of $152.00 aligns closely with the consensus average.
The current analyst consensus rating is Buy, with 24 analysts rating the stock as a Buy or Strong Buy,17 rating it Hold, and 1 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, PLD trades at a trailing P/E of 40.6x and forward P/E of 43.1x. The forward PEG ratio of 3.40 reflects a premium valuation. Analysts expect EPS to grow -14.1% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $96.62, with bear and bull scenarios of $60.87 and $127.31 respectively. Model confidence stands at 49/100, suggesting limited visibility into future performance.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Real Estate stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside
+2.6%
Industry Consensus
Avg Forward P/E
100.6x
(High Premium)
Peers with Coverage
10 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 EGPEastGroup Properties, Inc. | $11.5B | $214.62 | $215.64 | +0.5% | Hold | 36.6x | 33 |
 STAGSTAG Industrial, Inc. | $7.5B | $39.12 | $41.00 | +4.8% | Buy | 35.0x | 21 |
 FRFirst Industrial Realty Trust, Inc. | $8.5B | $64.43 | $67.75 | +5.2% | Buy | 26.9x | 29 |
 REXRRexford Industrial Realty, Inc. | $7.9B | $34.34 | $37.00 | +7.7% | Buy | 27.5x | 21 |
 LXPLXP Industrial Trust | $3.3B | $56.30 | $54.00 | -4.1% | Buy | 662.4x | 15 |
 TRNOTerreno Realty Corporation | $7.3B | $68.77 | $70.22 | +2.1% | Buy | 35.3x | 32 |
 PSAPublic Storage | $57.7B | $328.69 | $315.40 | -4.0% | Hold | 32.5x | 36 |
 EXRExtra Space Storage Inc. | $31.2B | $147.73 | $153.00 | +3.6% | Hold | 32.0x | 28 |
 CORCencora, Inc. | $59.2B | $304.48 | $378.57 | +24.3% | Buy | 17.1x | 46 |
 ILPTIndustrial Logistics Properties Trust | $575M | $8.62 | $7.40 | -14.2% | Buy | — | 9 |
PLD — Frequently Asked Questions
Quick answers to the most common questions about buying PLD stock.
What is the PLD stock price target for 2026?
The consensus price target for PLD is $149.14, close to the current price of $143.61 (3.9% implied move). Based on 42 analyst estimates, the stock appears fairly valued near current levels.
Is PLD a buy, sell, or hold?
PLD has a consensus rating of "Buy" based on 42 Wall Street analysts. The rating breakdown is predominantly bullish, with 24 Buy/Strong Buy ratings. The consensus 12-month price target of $149.14 implies 3.9% upside from current levels.
Is PLD stock overvalued or undervalued?
At a forward P/E of 43.0834x, PLD trades at a premium valuation. The consensus price target of $149.14 (3.9% upside) suggests analysts may view current valuations as stretched.
How high can PLD stock go?
The most bullish Wall Street analyst has a price target of $170 for PLD, while the most conservative target is $130. The consensus of $149.14 represents the median expectation. Our quantitative valuation model projects a bull case target of $127 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover PLD stock?
PLD is heavily covered by Wall Street, with 42 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 24 have Buy ratings, 17 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the PLD stock forecast?
The 12-month PLD stock forecast based on 42 Wall Street analysts shows a consensus price target of $149.14, with estimates ranging from $130 (bear case) to $170 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $97, with bear/bull scenarios of $61/$127.
What is PLD's fair value based on fundamentals?
Our quantitative valuation model calculates PLD's fair value at $97 (base case), with a bear case of $61 and bull case of $127. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 49/100.
What is PLD's forward P/E ratio?
PLD trades at a forward P/E ratio of 43.1x based on next-twelve-months earnings estimates compared to a trailing P/E of 40.6x. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy PLD stock?
PLD appears fairly valued according to analysts, with a "Buy" rating and minimal upside to the $149.14 target. Consider your investment thesis and risk tolerance. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do PLD price targets vary so much?
PLD analyst price targets range from $130 to $170, a 27% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $149.14 consensus represents the middle ground. Our model's $61-$127 range provides an independent fundamental perspective.
Consensus-Based Analysis Tools
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