Prologis, Inc.

Valuation Analysis

About the Company

Prologis, Inc. is a self-administered and self-managed REIT and is the sole general partner of Prologis, L.P. through which it holds substantially all of its assets. We operate Prologis, Inc. and Prologis, L.P. as one enterprise and, therefore, our discussion and analysis refer to Prologis, Inc. and its consolidated subsidiaries, including Prologis, L.P. We invest in real estate through wholly owned subsidiaries and other entities through which we co-invest with partners and investors (co-investment ventures). We have a significant ownership interest in the co-investment ventures, which are either consolidated or unconsolidated based on our level of control of the entity. Prologis, Inc. began operating as a fully integrated real estate company in 1997 and elected to be taxed as a REIT unde

Prologis, Inc. Stock at a Glance

Prologis, Inc. (PLD) is currently trading at $148.74 with a market capitalization of $139.4B. The trailing P/E ratio stands at 37.28x, with a forward P/E of 44.4x. The 52-week range spans from $103.41 to $149.70; the current price is 0.6% below the yearly high. Year-over-year revenue growth stands at +8.3%. The net profit margin stands at 39.65%.

💰 Dividend

Prologis, Inc. pays an annual dividend of $4.28 per share, representing a yield of 2.88%. The payout ratio stands at 103.02%. The elevated payout ratio reflects a mature dividend policy.

📊 Analyst Rating

20 analysts rate Prologis, Inc. (PLD) on consensus: Buy. The average price target is $152.30, implying +2.39% from the current price. Analyst price targets range from $130.00 to $167.00.

Prologis, Inc.: The Investment Case in Detail

Prologis, Inc. (PLD) operates in the Real Estate — specifically REIT - Industrial — and is headquartered in United States. Below is a structured read of the investment case built directly from the latest fundamentals, valuation multiples, analyst positioning and smart-money flows. Each section translates raw numbers into the investment logic they imply, so you can decide whether the risk/reward fits your portfolio.

The Bull Case

Earnings growth of 65.2% is outpacing revenue, a sign of operational leverage — fixed costs are being absorbed across a larger base. With a gross margin near 75.6%, the company sits in the top tier of its industry — these are the kinds of structural margins that protect earnings during downturns. Free cash flow is positive and net margins stand at 39.65%, meaning reported earnings translate into real cash that can fund buybacks, dividends or strategic acquisitions.

The Bear Case

Our valuation screen flags the stock as overvalued — current multiples imply the business needs to deliver well above its recent trajectory to justify the price.

Valuation in Context

At a PEG of 115.71, investors are paying more than three times the growth rate for each unit of earnings — that pricing assumes growth not only continues but accelerates from here. The EV/EBITDA multiple of 27.07x reflects rich expectations — historically, multiples at this level have proven hard to maintain for more than a few quarters.

What to Watch Next

• The share is trading at 97.9% of its 52-week range — a break above the recent high opens technical upside, a failure here often invites profit-taking.

Investment Thesis: Strengths & Weaknesses

Technical Snapshot

Price trades above both the 50- and 200-day moving averages, with 50d above 200d — a classic bullish setup (golden-cross alignment).

Risk Profile

The data points to market-like volatility.

Trading Data

💵 Dividend Info

Related Stocks in the Same Sector

Where can I buy Prologis, Inc.?

Compare top-rated brokers — low fees, trusted providers, fully regulated.