Prologis Price Targets Adjusted to $138-$139 as Q4 EPS Hits $1.49
Truist Securities maintained its Buy rating on Prologis, cutting its price target to $139 from $142, and Freedom Capital raised its target to $138 despite downgrading to Hold. Prologis reported Q4 EPS of $1.49 (up from $1.37) and full-year 2025 EPS of $3.56 versus $4.01, with 2027 FFO above consensus.
1. Analyst Ratings and Price Targets
On January 26, Truist Securities reiterated its Buy rating on Prologis and trimmed its price target to $139 from $142 after slight downward adjustments to 2026 and 2027 normalized FFO estimates. Earlier, Freedom Capital downgraded the stock to Hold but raised its price target to $138, citing the strength of Prologis’s stable financial and operational performance.
2. Q4 and Full-Year 2025 Financial Results
Prologis delivered Q4 diluted EPS of $1.49, up from $1.37 a year ago, while full-year EPS declined to $3.56 from $4.01 in 2024. The firm’s normalized funds from operations forecasts for 2026 and 2027 were nudged lower, although 2027 FFO is still projected above consensus estimates.
3. Market Position and Growth Drivers
Management highlighted a record year for lease signings in 2025, reinforcing momentum into 2026 as supply shortages bolster the company’s competitive edge. Prologis manages roughly 1.3 billion square feet of industrial space for over 6,500 customers across high-growth logistics, e-commerce and retail markets globally.