Prologis stock heads into October 15 results after Q2 growth

Published on 10/06/2026 at 14:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Prologis stock earned USD 1.13 per share in Q2 2026 against USD 0.75 consensus. Revenue reached USD 2.43 billion, up 11.0 percent year over year.

Isometrisches 3D-Diagramm einer Logistikkette mit Hafen, Lager und Lkw — Prologis Inc. Wertschöpfungskette mit ISIN US74340W1036 dargestellt als isometrisches 3D-Diagramm von Hafen bis Verteilzentrum, Illustration mit AI erstellt.

Prologis Inc. (ISIN US74340W1036) was last at USD 128.08 on the NYSE on October 5, 2026, at 4:02 p.m. ET, down 0.64 percent for the session. The company is scheduled to report third-quarter results before the market opens on October 15, according to Benzinga.

Q2 revenue rose 11.0 percent

Prologis reported USD 2.43 billion in second-quarter 2026 revenue, an 11.0 percent increase from the year-earlier quarter, while quarterly EPS reached USD 1.13. MarketBeat reported that EPS exceeded the USD 0.75 analyst consensus by USD 0.38.

The comparison is important because revenue growth and earnings exceeded the estimates cited for the quarter, even as the upcoming release will test whether the pace continues into the second half of 2026.

Occupancy reached 95.5 percent

In the Q2 2026 earnings call, Prologis said portfolio occupancy reached 95.5 percent, a 20-basis-point improvement from the first quarter. According to Fortune, net-effective same-store NOI increased 6.4 percent and rent change on rollover exceeded 36 percent.

Management also guided for full-year 2026 net earnings of USD 4.40-4.55 per share and core FFO of USD 6.22-6.30 per share. The operating figures leave the October 15 report with two clear tests: leasing demand and the conversion of rent mark-to-market into reported earnings.

Consensus target stands at USD 158.23

The analyst consensus remains Outperform, with 17 analysts tracked by MarketScreener. Its average price target is USD 158.23, with a high target of USD 170.00 and a low target of USD 140.00.

Separately, Wells Fargo maintained an Overweight rating while cutting its target from USD 167.00 to USD 166.00 on September 1, 2026, according to Benzinga. That target adjustment contrasts with the broader consensus, which places the average target USD 30.15 above the October 5 price.

Prologis stock stays below its yearly high

Prologis stock was last at USD 128.08 on the NYSE on October 5, 2026, with a 52-week range of USD 111.03 to USD 153.35. Its market capitalization was USD 119.5 billion and trading volume was 2,783,154 shares.