Prologis (PLD)
NYSEReal EstateReit - IndustrialSnapshot 2026-07-07
$143.58+2.41%
Close 2026-07-07 · 1-day change
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Track PLD free→Prologis grows revenue to about $670M in 2026. EPS should reach $3.80 to $4.05. The company issues debt to fund growth. It leads in logistics real estate.
Activist opposition may block key acquisitions. Debt levels could rise too high. Revenue growth may slow below 1.5%.
The price is about 28% above our fair value near $112. Analysts expect 1.5% revenue growth. We see risk in the high valuation.
Breaks if: Debt rises significantly above $35B without growth benefit
Continue to issue new debt instruments to support capital allocation and growth initiatives.
Stated as a priority in 3 of last 3 quarters. Prologis issued multiple debt offerings in 2026 and amended credit agreements, with debt levels stable around $35B. This shows ongoing capital allocation via debt issuance, delivering on stated priority.
Breaks if: Diluted EPS falls below $3.80 in FY26
Target diluted EPS in the range of $3.80 to $4.05 for the 2026 fiscal year as part of financial performance goals.
Stated as a priority in 2 of last 2 quarters. EPS guidance rose from $3.40-$3.50 in 2025-Q3 to $3.80-$4.05 in 2026-Q1. Actual diluted EPS for 2026-Q1 was $1.05, up from $0.82 in 2025-Q3, indicating progress toward full-year EPS guidance and delivering on this priority.
Breaks if: Strategic capital revenue falls below $660M in FY26
Continue to achieve and guide strategic capital revenue in the range of $660M to $680M for 2026 fiscal year.
Stated as a priority in 2 of last 2 quarters. Strategic capital revenue guidance increased from $580M-$590M in 2025-Q3 to $660M-$680M in 2026-Q1. The trajectory shows management maintaining and raising strategic capital revenue guidance, delivering on this priority.
Standing thesis, reviewed periodically — not a price target or advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“Issuer priced offerings of notes due 2030, 2035, 2041 in June 2026.”
“Operating Partnership priced offerings of notes due 2031, 2034, 2036 in April 2026.”
“Amended and Restated Global Senior Credit Agreement entered in March 2026.”
“EPS guidance $3.80 to $4.05 for 2026 fiscal year.”
“EPS guidance $3.40 to $3.50 for 2025 fiscal year.”
“Strategic capital revenue, excluding promote revenue $ 660 $ 680”
“Strategic capital revenue, excluding promote revenue $ 580 $ 590”