PLD Prologis, Inc. - Fundamental Analysis
NEUTRAL
PLD Stock | Fundamental Analysis & Investment Insights
NYSE
•
Real Estate
•
REIT - Industrial
Current Price
$122.83
Analyst Target
$129.95
+5.8% Upside
52W High
$127.5
52W Low
$85.35
AI Analysis
Powered by advanced machine learning algorithms
Confidence Score
68%
Analysis Accuracy
Prologis (PLD) trades near its 52-week high at $122.83, reflecting strong long-term price momentum with a 36.6% return over five years and 11.0% in the past year. However, near-term earnings growth is under pressure, with YoY EPS down 24.1% and a concerning payout ratio of 115.99%, raising sustainability questions. While the company maintains industry-leading margins and a dominant industrial REIT position, elevated valuation at 35.7x P/E and insider selling activity temper bullishness. Analysts remain constructive with a $129.95 target price and 'buy' rating, but conflicting signals between robust operating performance and deteriorating earnings trends warrant caution.
Key Strengths
Industry-leading operating margin of 42.72%, significantly above REIT sector average (~30%)
Dominant market position in industrial logistics real estate with $115B+ market cap
Exceptional gross margin of 76.09%, reflecting high-quality, in-demand warehouse assets
Strong analyst consensus with 20 analysts maintaining a 'buy' recommendation
Solid dividend yield of 3.29%, attractive in current rate environment
Key Risks
Earnings growth declining sharply YoY (-24.3%), indicating near-term headwinds
Payout ratio of 115.99% signals dividend is not fully covered by earnings
Elevated P/E of 35.71 vs. sector median (~20–25x) raises valuation concerns
Insider selling activity: $3.01M in sales over last 6 months, no buys
Current and quick ratios below 1.0 (0.77 and 0.56), suggesting liquidity constraints
AI Fair Value Estimate
Based on comprehensive analysis
$125.5
+2.2% above current price
Performance Snowflake
Multi-dimensional AI analysis across 5 key categories
Stock Price & Analyst Targets
Real-time price movements and analyst price targets
Historical Performance Trends
Long-term financial metrics and growth patterns
Valuation Metrics
Key valuation ratios and pricing indicators
Profitability, Growth & Financial Health
Detailed profit margins, ROE, debt ratios, and liquidity metrics
Sector Comparison & Peer Analysis
Compare PLD against industry averages and similar companies
Insider Trading & Analyst Ratings
Track insider transactions and Wall Street analyst recommendations