Prologis reports third-quarter results as Prologis stock costs EUR 113.58
Published on 10/16/2026 at 10:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSQuarterly results and operating strength
- Prologis reported USD 2.39 billion in total revenue for the third quarter of 2026.
- Quarter-end occupancy reached 95.6 percent on September 30, 2026.
- Prologis stock trades at EUR 113.58 at 10:05 a.m. CEST at Lang & Schwarz on October 16, 2026.
Prologis Inc. (ISIN US74340W1036) was trading at EUR 113.58 at Lang & Schwarz on October 16, 2026, at 10:05 a.m. CEST. The industrial real estate company reported third-quarter 2026 results on October 15, with total revenue of USD 2.39 billion and Core FFO of USD 1.60 per diluted share, according to Prologis.
Results show operating resilience
The quarterly figures point to continued pricing power in the logistics portfolio. Net earnings per diluted share reached USD 0.86, compared with USD 0.82 in the third quarter of 2025, while Core FFO rose from USD 1.49 to USD 1.60 per diluted share over the same period.
Quarter-end occupancy was 95.6 percent on September 30, 2026, and average occupancy stood at 95.1 percent. Prologis also reported a 38.0 percent net effective rent change and signed 60 million square feet of leases during the quarter.
What does the guidance change mean?
The company narrowed its 2026 net earnings guidance to USD 4.05-4.15 per diluted share from USD 4.40-4.55 previously. At the same time, it raised its Core FFO guidance to USD 6.25-6.29 per share from USD 6.22-6.30, while lifting acquisitions guidance to USD 2.10-2.30 billion.
The contrast matters for investors. Operating metrics improved, but lower net earnings guidance reflects the effect of gains and other items outside recurring property operations. The company kept its net effective same-store NOI growth outlook at 5.50-6.00 percent and its cash same-store NOI growth outlook at 7.00-7.50 percent, according to the release dated October 15, 2026.
Three milestones shape the story
On September 28, 2026, SEGRO shareholders approved the proposed combination with Prologis, with completion expected in the first half of 2027, according to Investing.com. On October 6, 2026, Prologis disclosed 950,397,444 issued shares in a Rule 2.9 announcement, according to TradingView. The October 15 results then added USD 2.39 billion in quarterly revenue and USD 1.60 in Core FFO per share.
Dates investors can track
The earnings-call replay is scheduled to remain available through October 29, 2026, while the SEGRO transaction is expected to close in the first half of 2027, according to the company release.
Stock stays tied to earnings quality
Prologis stock was trading at EUR 113.58 at Lang & Schwarz on October 16, 2026, at 10:05 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Prologis stock.
Prologis stock at a glance
- Company: Prologis, Inc.
- ISIN: US74340W1036
- Ticker: PLD
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 16, 2026, 10:05 a.m. CEST): EUR 113.58
- 52-week range: USD 120.25-153.35 (as of October 15, 2026)
- Sector / Industry: Real Estate / Equity REITs
- Index membership: S&P 500
Market context: Market report S&P 500.
