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Prologis beats Q3 2026 estimates with strong logistics demand and raises development plans.

Company Fundamentals
15 Oct 2026
Andrew Wynn
View Source
Bullish
Prologis beats Q3 2026 estimates with strong logistics demand and raises development plans.

Prologis reported Q3 2026 revenue of $2.39 billion and core FFO of $1.60 per share, surpassing analyst estimates due to high demand from e-commerce, manufacturing, and data centers. Leasing activity remained robust with 95.6% occupancy and 60 million square feet leased. The company narrowed its 2026 core FFO forecast to $6.25–$6.29 per share and increased planned development starts to $5.0–$5.75 billion, signaling confidence in continued growth amid strong logistics needs.

Despite Prologis reporting strong Q3 results and narrowing its 2026 core FFO forecast, its stock price on Pluang is down 2.87% at USD 126.79 as of Oct 16, 2026 04:12 WIB, closer to its 52-week low of USD 121.17 than the high of USD 149.96. The market cap stands at $123.98 billion, and investor interest remains strong with 100% buy orders on Pluang. This contrast highlights cautious sentiment despite robust leasing and development activity.

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