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Prologis, Inc. (PLD) Price Target Analysis

Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026

Current Price
$142.57
Market reference
Price Target
$136.00
-4.6% Upside
Target Range
$119.00 — $155.00
Moderate consensus
Analyst Rating
Buy
41 analysts
Forward P/E42.6x
Trailing P/E35.6x
Forward PEG3.94
Implied Growth-0.2%
Median Target$135.00
Analyst Spread26.5%

PLD trades 4.6% above the consensus target of $136.00. Current price reflects optimism beyond analyst expectations.

Price Forecast (1 Year)

Last 12 months price action with 12-month analyst target path

Current$142.57
Consensus$136.00
High$155.00
Low$119.00
Model$155.92
Bear Case
$119
-16.5%
Consensus
$136
-4.6%
Bull Case
$155
+8.7%
Valuation Model TargetsConfidence: 55/100
Bear$77
Base$156
Bull$388

Analyst Ratings Distribution

Breakdown of 41 published analyst recommendations for PLD

37% hold / mixed conviction
+29
BearishBullish
Weighted analyst sentiment score based on 41 ratings
ConsensusBuy
Coverage41 Analysts
Net Score+29
Bull / Bear61% / 2%
Strong Buy00%
Buy2561%
Hold1537%
Sell12%
Strong Sell00%
Strong Buy
00%
Buy
2561%
Hold
1537%
Sell
12%
Strong Sell
00%
Recommendation Mix61% Buy · 37% Hold · 2% Sell
Buy (25)Hold (15)Sell (1)

PLD Price Target Analysis

Updated March 1, 2026

As of March 1, 2026, Prologis, Inc. (PLD) has a Wall Street consensus price target of $136.00, based on estimates from 41 covering analysts. With the stock currently trading at $142.57, this represents a potential downside of -4.6%. The company has a market capitalization of $132.40B.

Analyst price targets range from a low of $119.00 to a high of $155.00, representing a 26% spread in expectations. The median target of $135.00 aligns closely with the consensus average.

The current analyst consensus rating is Buy, with 25 analysts rating the stock as a Buy or Strong Buy,15 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 35.6x and forward P/E of 42.6x. The forward PEG ratio of 3.94 reflects a premium valuation. Analysts expect EPS to grow -0.2% over the next year.

Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $155.92, with bear and bull scenarios of $76.65 and $387.95 respectively. Model confidence stands at 55/100, reflecting moderate uncertainty in projections.

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 Analysis
Avg Peer Upside+7.4%
Avg Forward P/E203.6x
Peers with Coverage9 / 10
CompanyMarket CapPriceTargetUpsideRatingFwd P/EAnalysts
PLDPrologis, Inc.
$132.4B$142.57$136.00-4.6%Buy42.6x41
EGPEastGroup Properties, Inc.$10.5B$196.31$200.38+2.1%Hold38.6x33
REXRRexford Industrial Realty, Inc.$8.7B$37.47$42.80+14.2%Hold33.5x21
FRFirst Industrial Realty Trust, Inc.$8.4B$63.14$63.89+1.2%Buy36.5x29
STAGSTAG Industrial, Inc.$7.3B$39.22$45.00+14.7%Buy38.5x21
TRNOTerreno Realty Corporation$6.8B$66.06$69.60+5.4%Buy48.7x32
GRP-UNGranite Real Estate Investment Trust$3.9B$65.09——Buy10.3x2
LXPLXP Industrial Trust$2.9B$49.56$31.25-36.9%Buy1380.5x15
PLYMPlymouth Industrial REIT, Inc.$979M$21.98$22.00+0.1%Hold—16
ILPTIndustrial Logistics Properties Trust$391M$5.86$10.00+70.6%Buy—8

Upside Potential Comparison

ILPT
+70.6%
STAG
+14.7%
REXR
+14.2%
TRNO
+5.4%
EGP
+2.1%
FR
+1.2%
PLYM
+0.1%
PLD
-4.6%

See PLD's True Return

Price is only half the story. See total return with reinvested dividends.

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Is PLD Undervalued?

See our Bear / Base / Bull DCF models and intrinsic value estimates.

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Compare PLD vs WELL

See how PLD stacks up against sector leader Welltower Inc..

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Frequently Asked Questions

What is the PLD stock price target for 2026?

Wall Street's consensus price target for PLD is $136, -4.6% from its current price of $142.57. The below-market target from 41 analysts suggests limited near-term appreciation.

Is PLD a buy, sell, or hold?

PLD has a consensus rating of "Buy" based on 41 Wall Street analysts. The rating breakdown is predominantly bullish, with 25 Buy/Strong Buy ratings. The consensus 12-month price target of $136 implies -4.6% downside from current levels.

Is PLD stock overvalued or undervalued?

At a forward P/E of 42.6065x, PLD trades at a premium valuation. The consensus price target of $136 (-4.6% downside) 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 $155 for PLD, while the most conservative target is $119. The consensus of $136 represents the median expectation. Our quantitative valuation model projects a bull case target of $388 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 41 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 25 have Buy ratings, 15 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 41 Wall Street analysts shows a consensus price target of $136, with estimates ranging from $119 (bear case) to $155 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $156, with bear/bull scenarios of $77/$388.

What is PLD's fair value based on fundamentals?

Our quantitative valuation model calculates PLD's fair value at $156 (base case), with a bear case of $77 and bull case of $388. 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 55/100.

What is PLD's forward P/E ratio?

PLD trades at a forward P/E ratio of 42.6x based on next-twelve-months earnings estimates compared to a trailing P/E of 35.6x. 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?

Analysts are cautious on PLD, with 1 Sell ratings and a price target of $136 (-4.6% from current price). The "Buy" consensus suggests careful evaluation before buying. 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 $119 to $155, a 26% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $136 consensus represents the middle ground. Our model's $77-$388 range provides an independent fundamental perspective.

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