Prologis (PLD) has been upgraded to a buy rating following a 17.2% decline in its stock price, which now offers a more attractive entry point for investors. The company maintains high occupancy rates and low tenant concentration, supported by strong tenant quality and customer retention. Growth drivers include expansion in data centers and improved financial guidance, with core funds from operations (FFO) expected between $6.25 and $6.29 per share. Trading at a forward price-to-FFO multiple of 19.8, Prologis is positioned for a double-digit total return despite broader economic challenges.
Prologis (PLD) shares are trading at USD 127.31 on Pluang as of Oct 21, 2026 02:51 WIB, showing a 1-day gain of 2.59%. The stock's 52-week range on Pluang is between USD 122.40 and USD 149.96, indicating it is closer to its lower range. Investor interest is strong with 100% buy orders on the platform at this time.
Five industrial real estate investment trusts (REITs) are capitalizing on rising demand for warehouses driven by e-commerce and data center expansion, delivering growing dividends to investors. Prologis, First Industrial, EastGroup, STAG Industrial, ...
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...
