Truist Securities Cuts Prologis (PLD) Price Target to $141

By TradeTexts Research Desk Oct 26, 2026, 11:15 AM EDT

Key Points

Truist Securities has reduced its price target on Prologis from $162 to $141, maintaining a Buy rating, as of October 26, 2026.
Truist Securities's $141 price target implies 11.60% upside from Prologis, Inc.'s ($PLD) current $126.34 share price.
Prologis shares recently traded at $126.34, which is about equal to the closing price of $126.42 on the same day.
The average price target among analysts for Prologis is now $151.64, with Prologis having a market cap of approximately $120.17 billion.

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On October 26, 2026, Truist Securities lowered its price target for Prologis, Inc. (PLD) to $141 from $162 while maintaining a Buy rating. This change comes as Truist continues to assess the company's performance and market conditions. The news was sourced from Truist's research note on the same day.

PLD Prologis, Inc.

$126.45 +0.28% year to date

Daily close · Oct 23, 2026

Analyst rating track record

Truist Securities vs. the S&P 500

YTD return +2.06% hypothetical

All-time return +2.06% S&P 500 +1.04%

vs. S&P 500 +1.02% ahead of the index

Hypothetical returns from Truist Securities's disclosed trades, not real profit or advice. How we model this.

Truist Securities' Call on Prologis

Truist Securities adjusted its price target for Prologis to $141, down from the previous target of $162. The firm believes that Prologis remains a strong investment, as it continues to hold a Buy rating despite the lowered target. This indicates their confidence in the company's long-term prospects even as they revise their near-term expectations.

Other Institutional Activity in Prologis

Several other institutions have also made moves regarding Prologis. Mondrian Investment Partners trimmed its stake by 464,738 shares, bringing its total to 568,860 shares valued at about $73.86 million. Verity & Verity increased its holdings slightly by 4,818 shares, totaling 175,683 shares worth approximately $22.81 million. Cohen & Steers Inc. reduced its position by 447,150 shares, ending with 22,841,902 shares valued at around $2.89 billion. Apg Asset Management US Inc. maintained its position with 19,286,830 shares worth about $2.44 billion.

Prologis, Inc. Stock Down 0.3%

Prologis shares recently traded around $126.34, which is about equal to its closing price of $126.42 on October 26, 2026. The stock is currently below its 50-day and 200-day moving averages by 6% and 8.4%, respectively. Additionally, the stock is 17.6% below its 52-week high of $153.35 but sits 4.1% above its 52-week low of $121.40.

12-month forecast

$PLD price target

Prologis, Inc. daily closes and this analyst's $141 target. Not advice.

Recent Earnings

Prologis reported trailing twelve-month revenue of approximately $9.89 billion, with a net margin of 43.1%. The company is scheduled to announce its next earnings on January 20, 2027. This strong revenue figure reflects a year-over-year growth rate of 10.2%.

Insider Buying and Selling at Prologis, Inc.

Several insiders at Prologis have sold shares recently. Cristina Gabriela Bita, a director, sold 621 shares at an average price of $127.60 on December 1, 2025, totaling about $79,240. Sarah Ann Slusser, also a director, sold 111 shares on January 28, 2026, valued at $12,631. Timothy D. Arndt, the Chief Financial Officer, sold 3,597 shares at $150.00 on June 15, 2026, for a total of $539,550. Hamid R Moghadam, another director, sold 50,000 shares at $149.91 on July 16, 2026, totaling approximately $7.5 million.

Analysts Set New Price Targets

On October 26, 2026, Truist Securities maintained its Buy rating on Prologis while lowering its price target to $141 from $162. Prior to this, other firms had set various targets, with Scotiabank upgrading the stock to Sector Outperform with a $150 target on October 13, 2026, and BTIG reiterating a Buy rating with a $170 target on October 16, 2026. The consensus among analysts currently stands at a mean price target of $151.64 based on 14 opinions.

About Prologis

Prologis, Inc. is a leading real estate investment trust (REIT) focused on logistics and supply chain solutions. Headquartered in San Francisco, CA, the company operates globally, creating infrastructure that connects digital and physical commerce. With a strong market presence and innovative approach, Prologis plays a critical role in shaping the future of logistics.

Bottom Line

Investors should keep an eye on Prologis as it approaches its next earnings announcement on January 20, 2027. The recent price target adjustments by analysts suggest ongoing evaluations of the company's performance amid changing market conditions.