B+
Bull case
30%
Probability
Target price
$165.00
+10.2% vs current
PLD
PrologisDNYSE / Equity Real Estate Investment Trusts (REITs)
Last Price
At close
2026-07-18
AI scenario view
RankAlpha Sentiment CodexPost-earnings T+1Most likely
B
Base case
50%
Probability
Target price
$154.25
+3.0% vs current
B-
Bear case
20%
Probability
Target price
$135.00
-9.9% vs current
AI sentiment snapshot
Latest data as of 2026-07-17
Recent news sentiment (30D)
-27.4
Negative
Company
-
Unavailable
Macro
-29.1
Negative
Pulse
+45.0
Positive
Sentiment proxy
+48.5
Score
AI commentary
The earnings-news tone is positive: trusted coverage reported a 4.04% premarket rise after the Q2 release, but a verified full-session reaction and post-print analyst revisions are unavailable. Social coverage was not provided, so it is not used as a thesis driver. The evidence supports a positive monitoring view rather than an aggressive upgrade.
RankAlpha Sentiment Codex - 2026-07-17
Open post-earnings memoEvidence flagged
No evidence quality warning is currently attached to this memo.
Impact
standard
Confidence
-
AI events
2026-07-16eventQ2 beat and second 2026 outlook increaseMedium impact
Q2 revenue was $2.425B versus $2.184B a year earlier, Core FFO was $1.63 per share versus $1.46, and management raised 2026 Core FFO guidance to $6.22-$6.30. Trusted coverage reported $1.13 EPS versus a $0.75 consensus estimate. [#SEC-8K-2026-07-16] [Prologis Q2 2026 results](https://www.prologis.com/insights-news/press-releases/prologis-reports-second-quarter-2026-results)
2026-10-15catalystLeasing and rent-reset durabilityMedium impact
Q2 Prologis-share occupancy was 94.8% average and 95.4% period-end; net-effective rent change was 36.9%, cash rent change was 22.3%, and cash same-store NOI growth was 8.5%. The next quarterly operating update will test durability. [#SEC-8K-2026-07-16]
2026-12-31catalystHigher development and monetization executionMedium impact
The Q2 supplemental guidance includes Prologis-share development starts of $4.5B-$5.5B and realized development gains of $600M-$700M for 2026. Successful deployment and monetization could support longer-term FFO growth, while also increasing execution and funding sensitivity. [#SEC-8K-2026-07-16]
Recommendation
N/A
No formal recommendation provided.
As of 2026-07-17 • Updated nightlySource: Internal modelMethodology