Prologis remains a core industrial REIT holding, boasting strong fundamentals despite a 13% stock price decline and sector headwinds. Q2 2025 results exceeded expectations with robust FFO growth, high occupancy, and a resilient rent roll even amid rising vacancies. The pipeline is exceptionally strong, with record build-to-suit activity and large tenants increasing investments, signaling improving demand.
I assign a cautious Buy rating to Prologis, citing its unique blend of global logistics and real estate, resilient market trends, and prudent risk management. Prologis demonstrates robust fundamentals, strong financial flexibility, and attractive long-term growth potential, despite recent short-term earnings volatility and a premium valuation. Key growth drivers include supply chain onshoring, expansion into data centers and renewables, and the innovative Prologis Essentials platform for tenant services.
Prologis Inc. NYSE: PLD has taken investors on an unwelcome round trip since it reported earnings on July 16. PLD stock initially jumped 4% after the real estate investment trust (REIT) reported.
![]() PLD In 1 month Estimated | Quarterly | $1.01 Per Share |
![]() PLD 1 month ago Paid | Quarterly | $1.01 Per Share |
![]() PLD 4 months ago Paid | Quarterly | $1.01 Per Share |
![]() PLD 7 months ago Paid | Quarterly | $0.96 Per Share |
![]() PLD 10 months ago Paid | Quarterly | $0.96 Per Share |
![]() PLD 17 Jun 2024 Paid | Quarterly | $0.96 Per Share |
15 Oct 2025 (In 2 months) Date | | 0.75 Cons. EPS | - EPS |
16 Jul 2025 Date | | 0.73 Cons. EPS | 0.61 EPS |
15 Jul 2025 Date | | - Cons. EPS | - EPS |
15 Apr 2025 Date | | - Cons. EPS | - EPS |
15 Jan 2025 Date | | 0.64 Cons. EPS | 1.37 EPS |
![]() PLD In 1 month Estimated | Quarterly | $1.01 Per Share |
![]() PLD 1 month ago Paid | Quarterly | $1.01 Per Share |
![]() PLD 4 months ago Paid | Quarterly | $1.01 Per Share |
![]() PLD 7 months ago Paid | Quarterly | $0.96 Per Share |
![]() PLD 10 months ago Paid | Quarterly | $0.96 Per Share |
![]() PLD 17 Jun 2024 Paid | Quarterly | $0.96 Per Share |
15 Oct 2025 (In 2 months) Date | | 0.75 Cons. EPS | - EPS |
16 Jul 2025 Date | | 0.73 Cons. EPS | 0.61 EPS |
15 Jul 2025 Date | | - Cons. EPS | - EPS |
15 Apr 2025 Date | | - Cons. EPS | - EPS |
15 Jan 2025 Date | | 0.64 Cons. EPS | 1.37 EPS |
XDUS Exchange | US Country |
Prologis, Inc. stands as the worldwide leader in logistics real estate, specializing in high-demand, high-growth markets. As of the close of 2023, Prologis boasts ownership or investment interests in a sprawling portfolio, which, when combined on a wholly owned basis or through co-investment ventures, encompasses properties and development projects forecasted to span around 1.2 billion square feet (115 million square meters) spread across 19 countries. The company’s business model focuses on leasing state-of-the-art logistics facilities tailored to meet the needs of a wide array of customers. These customers, approximately 6,700 in number, operate within two main sectors: business-to-business (B2B) and retail/online fulfillment. This diverse customer base indicates Prologis' critical role in facilitating various aspects of global supply chains, highlighting its importance in the rapidly evolving landscape of logistics and fulfillment.
At the heart of Prologis, Inc.'s offerings lies the provisioning of modern logistics facilities. These are not just plain storage units but are high-quality, strategically located warehouses and distribution centers designed to meet the complex demands of modern supply chains. Catering to a diverse clientele that ranges from large multinational corporations to smaller local businesses, these facilities enable efficient distribution and storage solutions across two primary spheres of operation: business-to-business and retail/online fulfillment.
In addition to ready-to-use facilities, Prologis invests in the development of new logistics and distribution projects. This forward-looking approach not only aims at expanding its existing portfolio but also at anticipating and shaping future trends in the logistics sector. These projects, which span across strategic locations worldwide, are designed with flexibility and sustainability in mind, ensuring they meet the future needs of Prologis’ diverse customer base while also minimizing environmental impact.