Argus

โ€ข

Apr 17, 2026

Symbols

Sector(s)

Real Estate

Rating

Earnings Estimate

Current Price

$144.86

Price Target

Summary

Prologis is a global industrial REIT that owns, builds, and manages space for warehouses, manufacturing, distribution, and large-scale storage. PLD became the world's largest industrial REIT by focusing on business-to-business fulfillment and e-commerce.

As of the beginning of 2026, PLD's portfolio had just under 5,900 buildings with 1.3 billion square feet of space in 20 countries. Many properties have on-site solar, and about one-fifth of assets are warehouses over 500,000 square feet and about 65% of total properties are in North America. The company's top tenants are Amazon, Home Depot, and FedEx, with Amazon accounting for about 5.3% of net effective rent.

PLD partners with other companies in joint ventures to reduce risk. The REIT also has a co-investment program labeled Strategic Capital that creates venture opportunities for institutional capital partners. Total revenues in 2025 reached about $8.8 billion and Strategic Capital accounted for about 7% of total 2025 revenues with $235 billion of assets under management.

PLD has faced pressure from an oversupply of warehouse space due to slowing sales at online retailers. In response, the company

Exclusive reports, detailed company profiles, and best-in-class trade insights to take your portfolio to the next level

Analyst Report: BXP, Inc.

Apr 16, 2026

โ€ข

BXP

ARE: Raising target price to $39.00

Apr 15, 2026

โ€ข

ARE

EXR: Raising target price to $156.00

Apr 15, 2026

โ€ข

EXR

BXP: Raising target price to $47.00

Apr 15, 2026

โ€ข

BXP

FRT: Raising target price to $121.00

Apr 15, 2026

โ€ข

FRT

Sign in to access your portfolio