BMO Capital has upgraded Prologis Inc (PLD) to Market Perform from Underperform, reflecting a more optimistic outlook on the company's prospects. This upgrade, effective October 19, 2025, coincides with Prologis trading at $126.26 per share.
Prologis, a leader in logistics solutions, operates in the real estate sector and is headquartered in San Francisco, California. The company employs 2,703 full-time staff and has a market capitalization of $117.9 billion. Its operations span across two segments: Real Estate, which includes rental operations and development, and Strategic Capital, managing unconsolidated co-investment ventures. The firm focuses on logistics facilities in approximately 20 countries across four continents.
The recent upgrade may indicate improved fundamentals or increased confidence in Prologis's strategic direction. Analysts currently maintain a consensus rating of Buy, with 8 Strong Buy, 12 Buy, and 10 Hold ratings recorded as of November 1, 2025.
Upcoming earnings reports are anticipated, with estimates for EPS of $0.84 and revenue of $2.2 billion for July 13, 2026. This follows a strong Q3 2025 performance, where the company reported an EPS of $0.82, exceeding expectations by 22.6%. Such decisions reflect the evolving sentiment among analysts regarding Prologis's growth potential.