Prologis cuts 2026 earnings outlook while Prologis stock costs EUR 110.98

Published on 10/20/2026 at 11:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter revenue reached USD 2.39 billion on October 15, 2026. Prologis stock costs EUR 110.98 on October 20, 2026, while earnings guidance is USD 4.05-4.15.

Analyst actions frame the valuation

Freedom Broker cut its Prologis target to USD 142.00 on October 19, 2026.
Third-quarter revenue reached USD 2.39 billion for the period ended September 30, 2026.
Prologis stock trades at EUR 110.98 at 11:34 a.m. CEST at Lang & Schwarz on October 20, 2026.

Pop-Art-Comic-Szene mit Arbeitern, Lkw und Kartons an Laderampe — Prologis Inc. Logistikalltag mit ISIN US74340W1036 gezeigt als farbenfrohe Pop-Art-Comic-Szene an einer Laderampe, Illustration mit AI erstellt.

Prologis stock (ISIN US74340W1036) costs EUR 110.98 at Lang & Schwarz on October 20, 2026 at 11:34 a.m. CEST. The latest company figures show higher quarterly revenue, while full-year earnings guidance was reduced.

Prologis reported on October 15, 2026, that total revenue for the quarter ended September 30, 2026, reached USD 2.39 billion, up from USD 2.21 billion a year earlier. Diluted earnings per share rose to USD 0.86 from USD 0.82.

Guidance points to a lower profit range

The company cut its 2026 net earnings guidance to USD 4.05-4.15 per diluted share from USD 4.40-4.55. At the same time, Core funds from operations guidance narrowed to USD 6.25-6.29 per share from USD 6.22-6.30, according to the October 15 release.

Operating indicators remained firm in the third quarter. Period-end occupancy was 95.6 percent, cash same-store net operating income grew 5.9 percent, and Prologis signed leases covering 60 million square feet.

What do the analyst changes mean?

Investing.com reported on October 19, 2026, that Freedom Broker upgraded Prologis to Buy from Hold while lowering its target to USD 142.00 from USD 165.00. The change highlights the tension between resilient leasing metrics and a more cautious earnings outlook.

Three dated signals for Prologis

On October 13, 2026, Scotiabank raised its rating to Sector Outperform and set a USD 150.00 target, as listed by MarketScreener. On October 15, 2026, Prologis reported USD 2.39 billion in quarterly revenue and USD 0.86 in diluted earnings per share. On October 19, 2026, Freedom Broker changed its rating and target to Buy and USD 142.00.

Next dated company event

The earnings call replay is scheduled to remain available through October 29, 2026, according to the company's October 15 release. That date is the next specifically stated company event in the reviewed materials.

Stock price and company scale

Prologis had a market capitalization of USD 117.9 billion as of October 20, 2026, based on the primary-market quote. Its primary listing is on the NYSE, and the company operates as an industrial real estate investment trust.

Prologis stock was trading at EUR 110.98 at Lang & Schwarz on October 20, 2026 at 11:34 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Prologis stock.