PLD Price Prediction Next Week
Technical Analysis: Based on recent price action, PLD has been showing a downward trend with significant resistance around $130 level. The stock closed at $120.97 on Friday, indicating continued weakness.
News Impact Analysis: Several significant developments are affecting PLD's outlook:
Leadership Change: CEO Hamid Moghadam announced retirement, with President Dan Letter appointed as successor. This transition creates some uncertainty but appears well-planned.
Dividend Increase: PLD recently raised its quarterly dividend by 5.2% to $1.01 per share, showing confidence in cash flow stability.
Valuation & Financial Metrics:
- Forward P/E: 21.11x (trading at premium compared to industry average of 11.49x)
- Expected 2025 earnings growth: 3.06%
- Revenue forecast: $8.01 billion (+6.56% YoY)
Price Prediction for Next Week: Based on technical indicators and recent news:
Target Prices:
- Support level: $118.50
- Resistance level: $122.50
- Most likely range: $119-121
Trading Recommendation: SELL Rationale:
- Trading at premium valuation
- Downward technical momentum
- Leadership transition uncertainty
- Rising vacancies in industrial real estate sector
- Stock has underperformed the Finance sector over the past month
Target exit price: $122.00 with stop loss at $124.00
PLD Similar Chart Price Prediction
The price of PLD is predicted to go up 11.85%, based on the high correlation periods with CLW. The similarity of these two price pattern on the periods is 98.3%.
PLD
CLW
Up: 11.85%Similarity: 98.3%
PLD Revenue Forecast
PLD EPS Forecast
PLD FAQs
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PLD VS S&P500
Prologis has the biggest portfolio of well-located industrial properties and is in the best position to capitalize on e-commerce demand. Prologis' recent acquisition of Duke Realty has given it an unrivaled scale in the industry.
The strategic capital segment of the company is capital-light and is a consistent cash flow generator.
The high mark-to-market will ensure same-store NOI growth in the upcoming years even if market rents do not grow.
PLD Analyst's Forecast
David Rodgers
Baird
Buy
2025-01-30
Price Target
$123 → $124
Upside
+2.78%
Baird raised the firm's price target on Prologis to $124 from $123 and keeps an Outperform rating on the shares. The firm said its outlook is better than anticiapted clsing its relative discount.
Vikram Malhotra
Mizuho
Hold
2025-01-08
Price Target
$119 → $117
Upside
+10.9%
David Rodgers
Baird
Hold → Buy
2025-01-06
Price Target
$124 → $123
Upside
+15.32%
