On May 5, 2025, Truist Securities, under the guidance of analyst Ki Bin Kim, released their updated coverage on Prologis (PLD, Financial). The firm reiterated its current "Buy" rating for the stock, reaffirming their positive outlook on the company's future performance.
However, the price target for Prologis (PLD, Financial) was adjusted downward from its previous target of $123.00 USD to a new target of $120.00 USD. This adjustment reflects a 2.44% decrease in the projected price target, indicating a recalibration of expectations for the stock's upcoming performance.
The changes to the price target come as Truist Securities continues to monitor the market conditions and company-specific factors that may influence the valuation of Prologis (PLD, Financial). Despite the lowered target, the "Buy" rating suggests that Truist Securities remains confident in the stock's potential for growth and value creation for investors.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 18 analysts, the average target price for Prologis Inc (PLD, Financial) is $119.22 with a high estimate of $150.00 and a low estimate of $95.00. The average target implies an upside of 13.09% from the current price of $105.42. More detailed estimate data can be found on the Prologis Inc (PLD) Forecast page.
Based on the consensus recommendation from 24 brokerage firms, Prologis Inc's (PLD, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Prologis Inc (PLD, Financial) in one year is $141.91, suggesting a upside of 34.61% from the current price of $105.42. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Prologis Inc (PLD) Summary page.
