Key Takeaways:
- Prologis (PLD, Financial) leased an impressive 58 million square feet in Q1 2025, nearing record levels.
- With new developments totaling $650 million, predominantly in build-to-suit projects, Prologis shows strong growth.
- Analyst forecasts indicate a potential 22.64% upside, with Prologis demonstrating resilience against market fluctuations.
Prologis (PLD) demonstrated strong performance in the first quarter of 2025, leasing an exceptional 58 million square feet, which nearly reached record levels of activity. This surge underscores the company's robust market position. Additionally, new developments, primarily focused on build-to-suit projects, amounted to a substantial $650 million. Core Funds From Operations (FFO) per share exceeded expectations, while maintaining an occupancy rate of 95.2%. Despite some seasonal declines, the company's outlook suggests a steadfast resilience and adaptability to potential market shifts.
Wall Street Analysts Forecast
According to the collective insights from 19 analysts, Prologis Inc (PLD, Financial) has a one-year price target averaging $123.05. Predictions range from a high of $150.00 to a low of $95.00, which implies a promising upside potential of 22.64% from the current price of $100.34. For more detailed predictions, visit the Prologis Inc (PLD) Forecast page.
In terms of brokerage recommendations from 24 firms, Prologis Inc (PLD, Financial) maintains an average brokerage recommendation of 2.2, indicating an "Outperform" status. The ratings scale ranges from 1 to 5, with 1 representing a Strong Buy and 5 indicating a Sell.
According to GuruFocus estimates, Prologis Inc (PLD, Financial) is projected to achieve a GF Value of $142.23 within a year, suggesting a significant upside of 41.76% from the current price of $100.34. The GF Value represents GuruFocus' estimation of the fair market value of the stock. This valuation takes into account historical trading multiples, past business growth, and future performance projections. Further details can be accessed on the Prologis Inc (PLD) Summary page.
