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PLPLD

Prologis, Inc.

$PLD·$128B·REIT - Industrial·Real Estate
$137.34-0.7%YTD+8.9%1Y+22.0%
Mentions · last 7 days
2026-08-28: 12 posts2026-08-29: 0 posts2026-08-30: 3 posts2026-08-31: 23 posts2026-09-01: 16 posts2026-09-02: 13 posts2026-09-03: 19 posts87+21%
Price updated 10h ago·X counts updated 1d ago
PLPLD
$PLDPrologis, Inc.
$137.34-0.73%87 posts+21%
AI analysisFundamentalsVoices on X
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AI verdict & sentimentAI analysisGenerated by AI from underlying data

Top X posts

Today's AI verdict on what's driving $PLD, plus how loud the X conversation is and which way it's leaning.

AI analysis

TickerTalks’ read on the fundamentals and what’s driving the move.

Proven numbersWinding up for a moveAI verdict · as of 2026-09-05

Trading in a tight range and building pressure — a move looks likely soon, but the direction isn't clear yet.

Prologis just filed for a 99 MW three-story AI data center in San Jose — the industrial REIT quietly pivoting into hyperscale infra.

Prologis is the world's largest industrial REIT — the equity has been in a persistent drawdown as ecommerce logistics demand cooled, but a strategic pivot into AI data-center development is the fresh narrative catalyst.

What the setup looks like:

  • The business is executing well — Q1 revenue grew 7.4% YoY to $2.30B with 10% gross margin (REIT accounting) and 36% operating margin, and Q2 EPS beat consensus by 51% at $1.13.
  • The valuation is fair — 38x TTM PE and 16x TTM sales (REIT accounting-adjusted) for a $128B cap with FY27 EPS consensus of $3.65 puts the forward multiple around 38x, reasonable for the highest-quality logistics REIT.
  • The 99 MW three-story AI data center in San Jose special-use permit (replacing 5 older buildings) is the real strategic shift — Prologis is using its industrial land bank to enter the highest-yielding real estate segment.
  • Recent capital activity is meaningful — 15M share offering priced 8/6 adds dilution but funds continued development.
  • The Co-operation Agreement filed 8/4 is likely activist-related or strategic; the specifics aren't clear but signal potential board-level changes.
  • The tape is coiling — 63% of the 52-week range, essentially at the 200-day, and 3% below the 50-day, on 0.52x average volume; the setup is quiet.
  • Fresh quarterly dividend declared (9/2) continues the reliable capital return.

Coiling resolves on Q3 earnings Oct 15 — core FFO growth plus data-center development pipeline commentary extends this above $145; another logistics-decel signal or a fresh dilution round stalls it. A break above $142 confirms the reversal.

Agrees with X sentimentAgree with the crowd's AI-data-center pivot framing — the 99 MW San Jose permit is the specific and concrete datapoint. The tension: only 5 posts is thin, and REIT-averse framings ('would not dare buy popular REITs') are real macro-rotation risks the crowd isn't sizing.

What to watch: Oct 15 Q3 earnings — core FFO growth plus data-center development pipeline commentary extends above $145; another logistics-decel signal or fresh dilution round stalls it.

On the calendar: 2026-10-15 — Q3 2026 earnings

float missingbeta missing

X sentiment

What the X crowd is saying right now — descriptive, summarised from the day’s posts.

Bullish sentiment5 posts analyzed · as of 2026-09-03

Prologis filed a special-use permit for a 99 MW, 514,000 sqft three-story AI data center in North San Jose (replacing 5 older buildings); separately a Solana 'PumpLayerDos' PLD memecoin ($PUMP as gas) is being hyped as a low-MC L2 aping opportunity. Both PLD tapes lean bullish.

Read the AI verdict + X sentiment for $PLD

  • One-line verdict on what's driving the move — fundamentals, momentum, both, or an event
  • Next dated catalyst when there is one (earnings, deal closing, activist clock)
  • X crowd read with bullish/bearish call + post volume
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What it does

Plain-English summary of the business — what they sell and how they make money.

World's largest logistics REIT owning ~1B sq ft of warehouses near ports and urban centers across 19 countries.

Industry overviewAI analysisGenerated by AI from underlying data

Where REIT - Industrial sits in its cycle right now — and what that implies for $PLD.

REIT - Industrial · Real Estate

E-commerce fulfillment and last-mile logistics demand are the structural rent drivers; new supply is the risk as industrial development completions pick up. Lease renewal spreads remain positive but the rate of rent growth is decelerating.

What this means for $PLD

Direct beneficiary — AI-native product or platform captures spend from the same capex cycle driving the industry; World's largest logistics REIT owning ~1B sq ft of warehouses near ports and urban centers across 19 countries.

Top industry ETF

$XLREReal Estate Select Sector SPDR
+12.0%YTD
+5.2%1Y

Fundamentals & catalyst

Profitability, valuation, and the next earnings event — at a glance, with rule-of-thumb signals.

Key ratios

P/E
37.7How much investors are paying per dollar of profit the company actually earned in the last 12 months. Lower means the stock looks cheaper relative to earnings.~15–25 is typical for the S&P 500; high-growth names trade 30+; hyper-growth or speculative can be 100+ or negative.
ROIC
3.4%What percentage return the business earns on every dollar of capital (equity + debt) deployed in operations. The cleanest measure of business quality.Above ~15% is high-quality; consistently above 25% suggests a real moat. Below the company's cost of capital is value-destroying.
Op margin
38.9%Operating profit (after sales, marketing, R&D, and overhead but before interest and taxes) as a percentage of revenue. The clearest view of how well the underlying business is run.Mature business above 20% is healthy; software businesses can run 30%+; commodity / retail businesses operate in single digits.
FCF yield
3.6%Free cash flow (operating cash flow minus capex) divided by the company's market cap. The cash-on-cash return you'd get owning the whole business at today's price.Above ~5% is attractive; below ~2% means you're paying up for growth. Capital-light businesses (software) run higher than capital-heavy ones (utilities).
P/S
15.6Same idea as P/E but per dollar of revenue. Useful for companies that aren't profitable yet, where P/E is meaningless.Under ~2 is cheap; software / SaaS often runs 8–15; well above 20 implies the market is pricing in very high future growth.
ROE
7.9%Net income as a percentage of shareholders' equity. Similar to ROIC but counts only the equity side.Above 20% is strong, but can be inflated by leverage — a heavily indebted company can show high ROE with weak underlying ROIC.
Gross margin
43.4%Revenue minus the direct cost of producing what was sold, as a percentage of revenue. The first read on whether the product is structurally profitable.Software / SaaS is typically 70%+; consumer goods 30–50%; commodity / hardware businesses can be under 20%.
D/E
0.6Total debt divided by shareholders' equity. Measures how much the business runs on borrowed money versus owner capital.Under 1 is conservative; 1–2 is typical for mature businesses; over 2 is leveraged and more sensitive to interest rates.

Past earnings

QuarterReportedActualEstimateSurprise
Q2 2026Jul 16, 2026$1.13$0.75+51.3%
Q1 2026Apr 16, 2026$1.05$0.81+30.3%
Q4 2025Jan 21, 2026$1.49$0.74+102.2%
Q3 2025Oct 15, 2025$0.82$0.67+22.8%
Next earningsThu, Oct 15·consensus EPS $0.81

Quarterly trend

QuarterRevenueYoYGrossOpEPSFCF
Q2 FY26$2.4B+11.1%17.3%39.6%$1.14—
Q1 FY26$2.3B+7.4%10.1%36.0%$1.05$1.1B
Q4 FY25$2.3B+2.4%44.6%37.8%$1.49$1.2B
Q3 FY25$2.2B+8.7%45.7%40.3%$0.82$1.4B

Forward consensus

5-year forecast · up to 4 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$8.7B$8.7B – $8.8B$3.64$3.59 – $3.663
FY27$9.2B$9.2B – $9.3B$3.65$3.57 – $3.714
FY28$9.6B$9.1B – $10.1B$3.92$3.29 – $4.674
FY29$10.4B$10.2B – $10.6B$4.74$4.61 – $4.883
FY30$11.1B$10.8B – $11.3B$5.31$5.17 – $5.473

Setup & momentum

Volume, range, and moving-average position — the technical setup driving short-term moves.

Right now

Vol vs 30dToday's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.0.5×Today's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.
52w rangeWhere the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.63%Where the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.
vs 50d MALatest close vs the 50-day simple moving average. Positive = short-term trend is up.-3.3%Latest close vs the 50-day simple moving average. Positive = short-term trend is up.
vs 200d MALatest close vs the 200-day simple moving average. Positive = long-term trend is up.+0.0%Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Insider activity

Recent open-market buys and sells by officers and directors — flagged when multiple insiders cluster.

Recent transactions

SellJul 16Hamid MoghadamDirector50.0K sh$7.5MSellJun 15Timothy D ArndtCFO3.6K sh$540K
+ 33 other (25 awards · 6 exempts · 1 conversion · 1 inkind) in window

See when $PLD insiders are putting their own money in

  • Real-time open-market buys and sells from Form 4 filings
  • Cluster-buy detection when multiple insiders pile in at once
  • 30 / 60 / 180-day windows so you can spot building conviction
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SEC filings

Material 8-K, 13D, S-3, and 424B5 events from the last 180 days — the filings that actually move the price.

Recent material filings

8-KMaterial agreementAug 48-K — Item 1.01: Material agreement · Item 2.03: Material debt obligation · Item 3.02: Unregistered equity sale · Item 8.01: Other event
AI summary

PLD filed an 8-K (Item 1.01) disclosing entry into a material definitive agreement. The filing describes: entered into a Co-operation Agreement (the “Co-operation Agreement”). Key financial terms include $0.01 . Material definitive agreements are significant corporate commitments and may be transformative depending on scope.

8-KPress release / Reg FDJul 168-K — Item 2.02: Earnings release · Item 7.01: Press release / Reg FD
AI summary

Prologis reported second quarter 2026 financial results for the global industrial REIT, covering core FFO per share, average occupancy, rent change on new and renewal leases, and development activity. As the world's largest logistics real estate owner across North America, Europe, and Asia Pacific, Q2 results reflect global e-commerce and supply chain demand trends.

3New insider — initial holdingsJul 73
AI summary

Prologis Director Alfred F. Kelly Jr. (former CEO of Visa) filed a Form 3 initial ownership statement, disclosing beneficial ownership of 278 directly-held shares and 286 shares held by his spouse, totaling 564 shares. Standard initial Section 16(a) disclosure for the newly appointed independent director of the world's largest industrial REIT.

8-KOfficer or director changeJul 18-K — Item 5.02: Officer or director change
AI summary

Prologis appointed Alfred F. Kelly Jr., former CEO of Visa, as an independent director to its board. Kelly brings extensive board experience from major public companies and CEO-level expertise from the payments and financial services industry, strengthening Prologis's board governance as the global industrial REIT executes on its development pipeline and capital strategy.

8-KMaterial debt obligationJun 118-K — Item 2.03: Material debt obligation · Item 8.01: Other event
AI summary

Prologis priced and is closing a ¥45 billion Japanese yen senior unsecured notes offering via Prologis Yen Finance LLC: ¥32.6B of 2.527% Notes due 2030, ¥3.5B of 3.389% Notes due 2035, and ¥8.9B of additional notes, closing June 11, 2026. The yen-denominated financing provides a natural currency hedge against Prologis's JPY-denominated asset exposures in its Japanese logistics portfolio.

8-KShareholder voteApr 308-K — Item 5.07: Shareholder vote
8-KMaterial debt obligationApr 278-K — Item 2.03: Material debt obligation · Item 8.01: Other event
8-KMaterial debt obligationApr 238-K — Item 2.03: Material debt obligation · Item 8.01: Other event
+ 18 other (4 13Gs · 3 routine 8-Ks · 3 8-Ks · 2 10-Qs) in window

Recent news

Latest headlines from major outlets, sourced and timestamped — context for whatever just moved.

I Would Not Dare Buy These Popular REITs Right Nowseekingalpha.com·1d agoPrologis to Announce Third Quarter 2026 Results October 15, 2026prnewswire.com·2d agoPrologis (PLD) Stock Declines While Market Improves: Some Information for Investorszacks.com·3d agoPrologis Declares Quarterly Dividendprnewswire.com·3d agoCould Falling Yields Make REIT Stocks Worth a Second Look?marketbeat.com·8d ago

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