Prologis (PLD)
Coverage summary
Aardvark Labs Capital Research has covered Prologis (PLD) since July 17, 2025. The company is in the Real Estate sector. This page lists 6 reports: 6 earnings recaps.
The latest is the Q3 2026 Earnings Recap, published October 24, 2026. The current rating is Hold, unchanged since the Q2 2026 Earnings Recap of July 17, 2026. The rating has changed twice since coverage began.
Translations: 5 in Chinese.
Rating history
All PLD reports
Recap: Q3 2026
The Rent Roll Shrugs Off the Rate Shock, the Value-Creation Engine Does Not: Prologis Beats, Agrees SEGRO and De-Rates to 20x, and We Stay at Hold
Recap: Q2 2026
Record Quarter and a Second Guide Raise, but We Step Off at the High: Downgrading Prologis to Hold as the Multiple Reaches the Mid-20s, the Dedicated Data-Center Fund Is Shelved, and a £12.6B All-Share SEGRO Bid Clouds the Setup
Recap: Q1 2026
Record Leasing, Rents Inflect Positive for the First Time in 2.5 Years, and the Data-Center Engine Throttles Up — Maintaining Prologis at Outperform as the Multiple Goes Full
Recap: Q4 2025
The Inflection Completes and the Data-Center Fund Nears Formation, but the In-Line Print Draws a Yawn — Upgrading Prologis to Outperform
Recap: Q3 2025
The Demand Dam Breaks and Data Centers Become a $15–60B Number — But the Multiple Re-Rates and 2026 Carries a Deployment Drag: Maintaining Prologis at Hold
Recap: Q2 2025
Best-in-Class Operator, Beat-and-Raise Quarter — But the Demand Dam Holds and the Multiple Is Full: Initiating Prologis at Hold