Prologis (PLD)
NYSEReal EstateReit - IndustrialSnapshot 2026-11-05
$128.55-2.14%
Close 2026-11-05 · 1-day change
NYSEReal EstateReit - IndustrialSnapshot 2026-11-05
QuarterlyIQ Insights · PLD
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance dropped from the top half to the bottom half of its industry over the past month — the reason to own it has weakened.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 17.5% |
| Our one-year growth estimate | diamond | 1.1% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the opposite direction.
Price observations: 365 days
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the US dollar and the broad stock market.
Based on historical daily prices through 2026-11-05.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 16.4 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-05 · Compared with 12 industry peers · Company calendar date is not available
PLD — debt issuance
Dated 2026-10-30
Other Events. ATM Program On October 30, 2026, the Company and Prologis, L.P. (the “Operating Partnership”) entered into an Equity Distribution Agreement (the “Agreement”), which replaces the Company’s existing “at-the-market” program. The Company and the Operating Partnership entered into the Agreement with Academy Securities, Inc., BBVA Securities Inc., BNP Paribas Securities Corp., BNY Mellon Capital Markets, LLC (acting through Academy Securities, Inc., as its sales agent), BofA Securitie…
Why it matters: Cash NOI growth tracks rent income from existing sites. Growth at or above the guide would support the core property business.
Supportive if2026 cash same-store NOI growth for Prologis' share is at least 7.00%.
Worry if2026 cash same-store NOI growth for Prologis' share is below 7.00%.
Why it matters: This range tests whether Prologis can meet its latest 2026 profit guidance. Results below it would weaken that case.
Watch forReported 2026 Core FFO per share is at least $6.25 and no higher than $6.29, or above $6.29.
Also watch forReported 2026 Core FFO per share is below $6.25.
Why it matters: An at-the-market share sale can fund company needs but can also increase the share count. Watch for sales and later share-count reports.
Worry ifA filing reports ATM share sales. A later report shows diluted weighted average shares above the Q3 level of 968.5 million.
Less concerning ifA later report shows diluted weighted average shares at or below 968.5 million. No ATM share sales are reported.
Why it matters: Prologis has proposed a full combination with SEGRO. A timely close would add scale, while a delay could leave the deal in doubt.
Watch forRequired approvals arrive. Prologis reports the SEGRO deal closed by June 30, 2027.
Also watch forA required approval fails, the deal terms change, or the deal has not closed by June 30, 2027.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$79 on $10,000 · ±0.8% | How much price usually moves either way. |
| Bad day | $220 loss on $10,000 · 2.2% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $1,731 loss on $10,000 · 17.3% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.