Wells Fargo cuts Prologis stock target from USD 167.00 to USD 166.00
Published on 10/01/2026 at 16:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Prologis (ISIN US74340W1036) was trading at EUR 113.68 at Lang & Schwarz on October 1, 2026 at 4:04 p.m. CEST, down 0.80 percent from the EUR 114.60 prior close. According to MarketScreener on September 1, 2026, Wells Fargo lowered its Prologis price target from USD 167.00 to USD 166.00 and maintained an Overweight rating.
Quarterly revenue sets the baseline
Prologis generated USD 2.43 billion in revenue in the second quarter of 2026, up 11.00 percent from the same period a year earlier. MarketBeat reported quarterly earnings per share of USD 1.13 against a USD 0.75 consensus estimate, a USD 0.38 difference.
The same report said Prologis set fiscal 2026 earnings-per-share guidance at USD 6.22-6.30. That range gives the Wells Fargo target cut a valuation context, because the analyst action was cautious on the share price rather than a reduction in the company's published outlook.
October results offer the next test
Prologis is scheduled to report third-quarter 2026 results on October 15, 2026. Yahoo Finance said analysts expect diluted earnings per share of USD 1.58, up 6.00 percent from USD 1.49 in the year-ago quarter.
The latest corporate filing also identified 950,383,768 issued common shares as of September 30, 2026 and confirmed ISIN US74340W1036. The announcement was published by TradingView on October 1, 2026.
Euro quote and US market context
The Lang & Schwarz quote put Prologis at EUR 113.68 in trading on October 1, 2026 at 4:04 p.m. CEST, compared with a EUR 114.60 prior close dated September 30, 2026. The primary listing is on the NYSE, where a finance quote showed USD 128.21 at 10:12 a.m. EDT on October 1, 2026, against a 52-week range of USD 111.03 to USD 153.35 and a market capitalization of USD 119.6 billion.
The further course of trading is shown by the continuously updated real-time quote of Prologis stock.
Prologis stock facts
- Company: Prologis, Inc.
- ISIN: US74340W1036
- Ticker: PLD
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 1, 2026, 4:04 p.m. CEST): EUR 113.68
- Change versus prior close: minus 0.80 percent
- Prior close Lang & Schwarz (September 30, 2026): EUR 114.60
- Market capitalization: USD 119.6 billion (as of October 1, 2026)
- 52-week range: USD 111.03-153.35 (as of October 1, 2026)
- Sector / Industry: Real Estate / REIT - Industrial
- Next earnings date: October 15, 2026
