- Prologis (PLD, Financial) prepares for its Q2 earnings release, with expectations of $1.42 FFO per share.
- Analysts forecast revenue growth fueled by expansion into data centers.
- Potential upside of over 31% according to GuruFocus GF Value.
Prologis Inc. (PLD) is poised to announce its second-quarter earnings results on Wednesday, July 16, before the market opens. Analysts are predicting funds from operations (FFO) of $1.42 per share alongside anticipated revenues of $2.02 billion, reflecting the company's strategic move into the data center sector.
Wall Street Analysts Forecast
Analyst projections offer a one-year average price target of $118.66 for Prologis Inc. (PLD), with high and low estimates between $150.00 and $95.00, respectively. This average target indicates a potential upside of 9.11% from the current trading price of $108.76. More comprehensive estimate data is available on the Prologis Inc (PLD, Financial) Forecast page.
The consensus recommendation from 24 brokerage firms places Prologis Inc. (PLD) with an average brokerage rating of 2.3, translating to an "Outperform" status. This rating system spans from 1 for a Strong Buy to 5 for a Sell.
GF Value Insights
According to GuruFocus estimates, the GF Value for Prologis Inc. (PLD) in one year is projected at $142.67, indicating a significant upside potential of 31.18% from the current price of $108.755. The GF Value represents GuruFocus' estimation of the fair value based on historical trading multiples, past business growth, and future performance forecasts. For further insights, visit the Prologis Inc (PLD, Financial) Summary page.
