Prologis stock: BMO cuts target for Prologis stock to USD 150.00

Published on 10/19/2026 at 15:19 | 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 112.60 on October 19, 2026 at 3:09 p.m. CEST.

Target and operating results

BMO Capital lowered its Prologis target to USD 150.00 on October 16, 2026.
Third-quarter 2026 revenue reached USD 2.39 billion, while Core FFO per share was USD 1.60.
Prologis stock costs EUR 112.60 at Lang & Schwarz on October 19, 2026 at 3:09 p.m. CEST.
Market capitalization stood at USD 119.5 billion, with a P/E ratio of 27.76.

Moderne Logistikhalle mit Lkw an Laderampen im Abendlicht — Prologis Inc. mit ISIN US74340W1036 zeigt fotorealistische moderne Logistikhalle mit Lkw an Laderampen bei Sonnenuntergang, Illustration mit AI erstellt.

BMO Capital lowered its Prologis target from USD 152.00 to USD 150.00 on October 16, 2026, while maintaining an Outperform rating, according to Investing.com. Against the USD 125.75 home-market price dated October 16, 2026, the new target stands 19.28 percent higher. Prologis stock was trading at EUR 112.60 at Lang & Schwarz on October 19, 2026 at 3:09 p.m. CEST.

Third-quarter figures set the tone

Prologis reported USD 2.39 billion of revenue for the third quarter of 2026, compared with USD 2.21 billion in the third quarter of 2025. The company also reported Core FFO of USD 1.60 per diluted share, up from USD 1.49 a year earlier, according to the Finanznachrichten report carrying the company release.

Management narrowed full-year 2026 Core FFO guidance to USD 6.25 to USD 6.29 per share from USD 6.22 to USD 6.30. The same release reported average occupancy of 95.10 percent and cash same-store net operating income growth of 5.90 percent for the quarter.

Stock position and valuation

On the NYSE, Prologis was last at USD 125.75 on October 16, 2026 at 4:01 p.m. ET. Its 52-week range was USD 121.40 to USD 153.35, placing the price 3.59 percent above the low and 18.01 percent below the high. Trading volume reached 5,791,598 shares against an average of 4,166,071 shares.

The company had a market capitalization of USD 119.5 billion and a P/E ratio of 27.76 as of October 16, 2026. Its trailing dividend yield was 3.00 percent. BMO's lower target reflects the timing of earnings and capital-market activity, while its stated Outperform rating keeps the target above the dated home-market price.

Comparison with peers

Prologis Inc. (NYSE, USD): P/E 27.76, market capitalization USD 119.5 billion
Rexford Industrial Realty (NYSE, USD): minus 0.19 percent, P/E minus 20.13, market capitalization USD 8.4 billion
EastGroup Properties (NYSE, USD): plus 1.00 percent, P/E 34.45, market capitalization USD 10.6 billion

Price and investor perspective

Prologis combines a USD 150.00 analyst target with third-quarter Core FFO of USD 1.60 per share and full-year guidance of USD 6.25 to USD 6.29. The share price remains inside its USD 121.40 to USD 153.35 52-week range, while the 3.00 percent dividend yield adds an income dimension to the valuation picture.

The further course of trading is shown by the continuously updated real-time quote of Prologis stock.