Prologis stock: Raymond James sets USD 163 target for Prologis stock

Published on 10/22/2026 at 16:42 | 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 113.83 on October 22, 2026 at 4:33 p.m. CEST.

Analyst target and operating figures

Raymond James set a USD 163.00 target and upgraded Prologis on October 21, 2026.
Third-quarter revenue reached USD 2.39 billion on October 15, 2026.
Prologis stock costs EUR 113.83 at Lang & Schwarz on October 22, 2026 at 4:33 p.m. CEST.
Market capitalization stood at USD 121.4 billion on October 22, 2026.

Bauhaus-Poster mit geometrischen Formen, Lkw, Containern und Schriftzug LOGISTICS — Prologis Inc. Sektor mit ISIN US74340W1036 als geometrisches Bauhaus-Poster mit Schriftzug LOGISTICS und Lagerhalle, Illustration mit AI erstellt.

Prologis Inc. (ISIN US74340W1036) received a higher rating from Raymond James on October 21, 2026, when the firm upgraded the stock from Market Perform to Outperform and set a USD 163.00 price target, according to Markets Insider. At Lang & Schwarz, the stock was trading at EUR 113.83 on October 22, 2026 at 4:33 p.m. CEST.

Revenue reached USD 2.39 billion

Prologis reported third-quarter 2026 revenue of USD 2.39 billion on October 15, 2026, up from USD 2.21 billion in the third quarter of 2025. The company also reported diluted GAAP earnings per share of USD 0.86, compared with USD 0.82 a year earlier, while Core FFO, a non-GAAP measure, rose to USD 1.60 from USD 1.49, according to the company's Prologis release.

The operating detail was similarly concrete. Prologis signed 60.0 million square feet of leases during the quarter, average occupancy was 95.1 percent, and cash same-store net operating income increased 5.9 percent from the prior-year period.

Stock sits in a wide annual range

The primary NYSE quote was USD 127.69 at 10:41 a.m. ET on October 22, 2026. The 52-week range was USD 121.40 to USD 153.35, placing the quote USD 6.29 above the low and USD 25.66 below the high. Market capitalization was USD 121.4 billion and trading volume was 503,489 shares at that timestamp.

For German investors, the euro quotation provides the local trading reference, while the NYSE figures keep the company's valuation in its home currency. Prologis stock was trading at EUR 113.83 at Lang & Schwarz on October 22, 2026 at 4:33 p.m. CEST.

What does the target imply?

Raymond James' USD 163.00 target was 27.64 percent above the USD 127.69 NYSE quote on October 22, 2026. The upgrade followed the firm's view that industrial real estate fundamentals could improve into 2027, while it also cited uncertainty around the SEGRO transaction, as reported by Investing.com.

Guidance shows two different trends

Prologis reduced its 2026 net earnings guidance to USD 4.05-4.15 per diluted share from USD 4.40-4.55. At the same time, it raised the Core FFO range to USD 6.25-6.29 from USD 6.22-6.30 and lifted cash same-store net operating income guidance to 7.00-7.50 percent from 6.75-7.25 percent.

Valuation and operating scale

The structured quote showed a price-to-earnings ratio of 28.18 and a dividend yield of 3.00 percent on October 22, 2026. Total assets stood at USD 103.9 billion on September 30, 2026, compared with USD 101.0 billion at the end of June.

Trading reference

The euro quotation was EUR 113.83 at Lang & Schwarz on October 22, 2026 at 4:33 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Prologis stock.