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Prologis, Inc. (PLD) Stock Analysis

Score B

Reit · Grade B · Bullish

Real Estate · REIT - Industrial

$138.02

Fair Value

$96.95

-29.8%

Conviction

6/10

Quality

B

Classification

Reit

Investment Thesis

Price is above modeled value range. Quality supports holding but not attractive for new positions.

High-quality company trading above modeled fair value. Price above modeled entry range.

For New Investors

Price above modeled value range

For Current Holders

Quantitative score: neutral

Buy if

  • Price drops 15-20% (improves asymmetry)
  • Bull scenario catalysts materialize
  • Market-wide correction creates opportunity

Sell if

  • Bear scenario triggers occur
  • Quality metrics deteriorate (ROIC declining)
  • Better alternatives emerge

Valuation

REIT Fair Value: $96.95 (-29.8%). FFO/share: $6.43, P/FFO: 21.5x vs sector avg 16.0x.

PEG-Based EPS

$102.93

FCF DCF Model

$87.98

Blended Fair Value

$96.95

Methods

REIT P/FFO Relative, REIT Dividend Discount

Quality Analysis

B

85/120 points

Investable (REIT)

Quality Flags

  • REIT quality screen: FFO-based metrics used instead of standard ROE/ROIC/D/E
  • No dividend data available

Market Sentiment

Wall Street Consensus

$135.00

-2.2% Upside

20 analysts

Range: $119.00$155.00

Rating: Buy

Our model is slightly more cautious than Wall Street.

Trend & Technical

Bullish

Price ($138.02) is 14.3% above SMA 200 ($120.80). Bullish trend confirmed.

Technical Score85/100

Tech Score 85/100 — MOMENTUM ALIGNMENT. Healthy uptrend confirmed by RSI and MACD. Technical tailwind.

Risk & Reward

Asymmetry Ratio

3.44:1

Expected Return

+14.8%

Bull Upside

+34.4%

Bear Downside

-10.0%

Excellent asymmetry: 3.44:1 ratio. Upside significantly outweighs downside.

Verdict: Very Favorable

Scenario Analysis

Bear

Base

Bull

Buy Zone & Action Plan

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Technical Analysis

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Frequently Asked Questions

What is the fair value of PLD?

Based on our multi-method conviction analysis, the estimated fair value of Prologis, Inc. (PLD) is $96.95. This is calculated by blending REIT P/FFO Relative, REIT Dividend Discount and applying a quality premium of 0% based on the company's fundamentals. The confidence level of this estimate is moderate.

Is PLD a buy, sell, or hold?

PLD currently has a HOLD rating with a conviction score of 6/10. Price is above modeled value range. Quality supports holding but not attractive for new positions. Price above modeled value range.

Is PLD a high-quality stock?

Prologis, Inc. has a quality grade of B (85/120 points), rated as Investable (REIT). Key metrics include ROE of —%, ROIC-WACC spread of —%, and D/E ratio of —x.

What type of stock is PLD?

PLD is classified as a "reit" in our framework. REIT classification: Real Estate / REIT - Industrial

What do Wall Street analysts say about PLD?

20 Wall Street analysts have a consensus price target of $135.00 for PLD, representing -2.2% upside. Targets range from $119.00 to $155.00. The consensus recommendation is "Buy". Our model is slightly more cautious than Wall Street.

What are the risks of investing in PLD?

The risk/reward asymmetry ratio for PLD is 3.44:1, rated as Very Favorable. Excellent asymmetry: 3.44:1 ratio. Upside significantly outweighs downside. The expected return is +14.8%, with bull case upside of +34.4% and bear case downside of -10.0%.

What is the current trend for PLD?

PLD is in a bullish trend. Price ($138.02) is 14.3% above SMA 200 ($120.80). Bullish trend confirmed. The technical score is 85/100.

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Last updated: April 10, 2026 · Framework version 3.7

This analysis is for informational purposes only and should not be considered financial advice. Always do your own research before making investment decisions.