PLD
Prologis, Inc.Evidence as of 2026-09-03Overview · Prologis, Inc.
Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of December 31, 2022, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 1.2 billion square feet (113 million square meters) in 19 countries. Prologis leases modern logistics facilities to…
Management team
- Mr. Timothy D. Arndt · CFO, MD of Treasury & Financial Planning and TreasurerFind on LinkedIn
- Mr. Joseph Ghazal · Global Head of Capital Deployment & Chief Investment OfficerFind on LinkedIn
- Mr. Carter Andrus · Chief Operating OfficerFind on LinkedIn
- Mr. Eugene Frederick Reilly · Senior AdvisorFind on LinkedIn
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Links open LinkedIn searches, not verified profiles. Team data from our market-data vendor's company profile.
Moneyta sentiment
Where the published evidence leans after the desk debated it — not a rating or a recommendation.
+0.5 on a −2 to +2 scale.
What builds the score
Solid bars are analyst rubric scores; faded bars are computed directly from data. Claims dropped in debate count for nothing; weakened claims count at half weight.
Editor's note
Written after the debate settled — the rest of the page is the evidence behind it.
The desk's evidence balance is constructive (+0.5 of a possible +2; was +0.5 before debate) with high confidence. Reported revenues rose across the quarter series from $ 2,139,665,000 for the fiscal quarter 2025-01-01 to 2025-03-31 (3mo) to $ 2,183,869,000 for 2025-04-01 to 2025-06-30 (3mo), $ 2,213,881,000 for 2025-07-01 to 2025-09-30 (3mo) and to $ 2,297,723,000 for the fiscal quarter 2026-01-01 to 2026-03-31 (3mo). Operating income by quarter increased from $ 878,413,000 to $ 1,211,055,000 over the same span, and net income for the three‑month periods moved from $ 592,953,000 to $ 981,976,000 by the fiscal quarter 2026-01-01 to 2026-03-31 (3mo).
Market metrics show mixed short-term momentum (3‑month −3.0%, 6‑month −0.5%, 12‑1 +36.9%, 74th percentile), a mixed short-term price position with price 3.9% below the 50‑day SMA and 0.5% above the 200‑day SMA (golden cross present) as of 2026-09-02, and moderate‑to‑low volatility (30‑day 16.8%, 90‑day 23.1%, 22nd percentile). Valuation and cash-flow snapshots list share price $ 136.59, market cap $ 127,348,047,420, EV $ 161,156,495,420, EV/EBITDA (ttm) 30.39, P/E (ttm) 34.41 on EPS (ttm) $ 3.97, OCF (ttm) $ 4,618,646,000 and EBITDA (ttm) $ 5,303,163,000. Reported cash as of 31 March 2026 was $ 861,144,000 versus long‑term debt $ 34,669,592,000.
How this note was made
every stage ran before the note was writtenAnalyst desk
Mercer, Oakes, Nash, Ellis, Yates, Talbot and Archer. The desk: named AI agents, not people. Each reads one slice of the evidence and nothing else — no outside knowledge, no browsing — so every finding traces to a source you can open.
Reads the XBRL figures companies file with the SEC — revenue, margins, income, debt and share count, quarter by quarter — and reports which way the trend is running.
Reported revenues by quarter rose from $2,139,665,000 for the fiscal quarter 2025-01-01 to 2025-03-31 (3mo) to $2,183,869,000 for 2025-04-01 to 2025-06-30 (3mo), $2,213,881,000 for 2025-07-01 to 2025-09-30 (3mo) and to $2,297,723,000 for the fiscal quarter 2026-01-01 to 2026-03-31 (3mo).
XBRL companyfacts · 0001193125-26-197850Operating income by quarter increased from $878,413,000 for the fiscal quarter 2025-01-01 to 2025-03-31 (3mo) to $912,712,000 for 2025-04-01 to 2025-06-30 (3mo), $940,261,000 for 2025-07-01 to 2025-09-30 (3mo) and to $1,211,055,000 for the fiscal quarter 2026-01-01 to 2026-03-31 (3mo).
XBRL companyfacts · 0001193125-26-197850Reads the filings themselves, above all the year-over-year diff of Item 1A risk factors: which risks a company added, dropped or quietly reworded since its last annual report.
Nothing in this slice of the evidence rose to a claim — a quiet read, which itself is information.
Which filings the desk reads
The desk reads the annual 10-K in full — its risk factors, and how they changed since last year. Quarterly 10-Qs and event filings (8-Ks, insider Form 4s) are listed for context but not read line by line: the 10-K is where the material risk disclosures live. A brand-new company, or one we have only just begun tracking, may have no annual report on file yet — its risk analysis fills in once that lands.
Reads the signal panel above — momentum, volatility, drawdown, relative strength and beta — and ranks each against the whole research universe rather than judging it in isolation.
Momentum is mixed: 3-month momentum is -3.0%, 6-month momentum is -0.5%, and the 12-1 momentum metric is +36.9% (ranked at the 74th percentile of the 547-stock research universe) as of 2026-09-02.
Moneyta signal set · 2026-09-02weakened in debateShort-term price position versus moving averages is mixed: price is 3.9% below the 50-day simple moving average and 0.5% above the 200-day simple moving average as of 2026-09-02, and a golden cross condition is present.
Moneyta signal set · 2026-09-02Reads which funds hold the name and at what weight, plus insider Form 4 filings, to show the exposure you may already carry through index funds.
As of 2026-09-02, Prologis (PLD) was a constituent of the iShares Core S&P 500 ETF (IVV) with a reported weight of 0.2% of that fund.
ETF constituents · market dataThe 0.2% reported weight indicates PLD represented a small, single-digit basis-point position within IVV as of 2026-09-02, providing passive-index exposure context but not a large concentration in that ETF.
ETF constituents · market dataReads recent headlines that are genuinely about this company, ignoring rating chatter and market-wide stories. Findings argue in the debate but never move the sentiment score.
Multiple outlets reported that Prologis declared a regular quarterly cash dividend for the quarter ending September 30, 2026.
News · finance.yahoo.com · 2026-09-02A press release carrying the same dividend announcement was published via PR Newswire on 2 September 2026.
News · prnewswire.com · 2026-09-02Reads parsed Forms 3/4/5 — who bought or sold, at what size, and whether a 10b5-1 plan was involved. Flags clustered open-market officer buying; treats plan sales as routine and never counts a fund or 10%-holder as an officer.
No insider transactions on file in the trailing 180 days.
Reads the implied-expectations math built from the company's own filings (the growth rate today's price would justify, and the multiples beside it) and argues whether the market's bar looks high or low for this business. Never turns the math into a target.
The share price on 2 September 2026 was $136.59 and the market capitalization reported is $127,348,047,420.
Valuation inputs · SEC XBRL + stored EOD closeEnterprise value is reported as $161,156,495,420 and the reported EV/EBITDA multiple (trailing twelve months) is 30.39.
Valuation inputs · SEC XBRL + stored EOD closeDebate and risk review
A bull and a bear contest the claims and the chair rules on each; the risk review stress-tests what survived.
A bull and a bear argue the analysts' claims across two rounds, then a chair rules on each one. Only what survives feeds the score — the argument is shown, not hidden, so you can judge the reasoning yourself.
Several company-reported fundamentals point to improving core profitability: quarterly operating income and net income rose markedly into early 2026, and diluted EPS expanded to $1.05 in the 2026-Q1 report, which together strengthen an earnings-based read. Cash-flow and dividend data provide supportive context — trailing twelve-month OCF of ~$4.62B and a 3.05% dividend yield with multi-year dividend growth indicate cash generation and returning capital to shareholders. Market characteristics such as low beta/correlation, moderate-to-low volatility, and a golden-cross technical condition reduce exposure-to-market risk and can complement the fundamental improvements. The strongest bearish points (rising long-term debt and elevated valuation multiples) can be viewed alongside the improving EBITDA/OCF profile rather than in isolation; the EBITDA (ttm) of ~$5.30B and material operating income gains provide evidence that operating performance is supporting those leverage and valuation metrics.
Chair's verdict, claim by claim
Fragility · computed, not argued
balanced0.38
25 surviving claims rest on 10 distinct sources; the heaviest analyst carries 24% of them, and 96% of what the desk raised survived the debate.
Most surviving claims rest on a relatively small set of sources and one analyst contributed nearly a quarter of the claims, so the read is fairly concentrated: if a key source or that analyst’s inputs prove wrong the narrative would shift materially. The very high survival rate through the desk debate indicates internal consistency, but that consistency partly reflects limited independent source coverage rather than broad corroboration across many independent data streams.
Peer context · computed, not argued
12-1 momentum ranks 1st of 3 in REIT—Industrial (as of 2026-09-02).
90-day volatility ranks 2nd of 3 in REIT—Industrial (as of 2026-09-02).
dividend yield ranks 3rd of 3 in REIT—Industrial (as of 2026-09-02).
Disconfirming evidence · base rates · falsifiers
Context
Outside consensus, and where this name already sits in your own portfolio.
Third-party consensus shown for context. It never enters Moneyta sentiment — when the two diverge, the debate above is where the why lives.
What this was built from
Every figure on this page traces to one of these. The desk reads only what is listed here — no outside knowledge, no browsing — and each card shows who read it and what it contributed to the score.
12 filings· 1 cited
SEC XBRL filings
Quarterly figures as filed with the SEC, read straight from EDGAR's structured data — not retyped or estimated.
Read by Mercer+0.5 to the score
1 signal set
Moneyta signal set
Computed from our own end-of-day price history and ranked against the whole research universe. No AI involved.
Read by Nash+0.5 to the score
1 holdings record
Fund holdings
Which funds hold this name and at what weight, plus insider Form 4 filings.
Read by Ellis+0.5 to the score
8 headlines· 2 cited
News coverage
Recent headlines about this company, rating chatter excluded and nothing published after the report date.
Read by Yatesnothing survived
1 computation
Valuation inputs
TTM cash-flow figures from the company's own XBRL filings, priced with the stored closing price. Implied growth and multiples only; no fair-value dollar figure reaches the desk, by design.
Read by Archercontext only
1 record· 0 cited
Company profile
Sector, industry and company details.
1 record· 0 cited
Analyst consensus
Third-party consensus, shown for context only — it never enters Moneyta sentiment.
Read means we pulled and handed it to an analyst; cited means a claim on this page points at it. Reading twelve quarters to state one trend is normal — the gap is shown rather than hidden.
Written by AI, checked against sources
The analysts, the bull–bear debate and the editor's note are AI agents reading only the evidence listed on this page. They can misread a filing or a headline, which is why every claim cites a source you can open and check yourself. The sentiment score is arithmetic over the claims that survived the debate, not a language model's opinion.
Educational analysis of published data. Moneyta does not give investment advice or make recommendations. Past patterns do not indicate future results.
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Institutional holders
Net institutional flow, Q/Q
Largest holder position
Insider buys, 90 days
Clustered insider value
Street target range
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Educational analysis of published data. Moneyta does not give investment advice or make recommendations.