Prologis Shares Rise After Q2 Results and Higher 2026 Outlook

Prologis, Inc. (PLD) is up 3.2% today. Here is some analysis on what might have caused this price movement. ([prologis.com](https://www.prologis.com/insights-news/press-releases/prologis-reports-second-quarter-2026-results))

Analysis: The move appears tied to Prologis posting second-quarter results alongside a higher 2026 outlook, which can signal stronger-than-expected earnings visibility. Investors also seem to be responding to robust leasing activity, solid occupancy, and strong rent growth metrics in the quarter. ([prologis.com](https://www.prologis.com/insights-news/press-releases/prologis-reports-second-quarter-2026-results))

Details:

Prologis raised its 2026 net earnings guidance to $4.40 to $4.55 per diluted share from $3.80 to $4.05, and lifted Core FFO guidance to $6.22 to $6.30 from $6.07 to $6.23. ([prologis.com](https://www.prologis.com/insights-news/press-releases/prologis-reports-second-quarter-2026-results))

Second-quarter diluted Core FFO per share was $1.63, up from $1.46 a year earlier, pointing to year-over-year earnings improvement. ([prologis.com](https://www.prologis.com/insights-news/press-releases/prologis-reports-second-quarter-2026-results))

Operating metrics were healthy, with period-end occupancy at 95.5%, cash same-store NOI growth of 8.5%, and net effective rent change of 36.9%. ([prologis.com](https://www.prologis.com/insights-news/press-releases/prologis-reports-second-quarter-2026-results))

The company highlighted that this was its second guidance increase of 2026 and that leasing reached a record level, which likely reinforced the market’s positive reaction. ([prologis.com](https://www.prologis.com/insights-news/press-releases/prologis-reports-second-quarter-2026-results?utm_source=openai))

Sources:

Prologis, SEC ([prologis.com](https://www.prologis.com/insights-news/press-releases/prologis-reports-second-quarter-2026-results))

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$PLD Insider Trading Activity

$PLD insiders have traded $PLD stock on the open market 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.

Here’s a breakdown of recent trading of $PLD stock by insiders over the last 6 months:

TIMOTHY D ARNDT (Chief Financial Officer) sold 3,597 shares for an estimated $539,550
SARAH A SLUSSER sold 10 shares for an estimated $1,275

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$PLD Hedge Fund Activity

We have seen 787 institutional investors add shares of $PLD stock to their portfolio, and 624 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC added 13,610,391 shares (+2592.3%) to their portfolio in Q1 2026, for an estimated $1,799,021,482
ROCKEFELLER CAPITAL MANAGEMENT L.P. removed 2,962,249 shares (-77.0%) from their portfolio in Q1 2026, for an estimated $391,550,072
UBS GROUP AG added 2,578,636 shares (+51.0%) to their portfolio in Q1 2026, for an estimated $340,844,106
NUVEEN, LLC removed 1,525,285 shares (-12.0%) from their portfolio in Q1 2026, for an estimated $201,612,171
CAPITAL INTERNATIONAL INVESTORS removed 1,485,999 shares (-28.0%) from their portfolio in Q1 2026, for an estimated $196,419,347
ACADIAN ASSET MANAGEMENT LLC added 1,314,259 shares (+160.9%) to their portfolio in Q1 2026, for an estimated $173,718,754
STATE STREET CORP removed 1,302,402 shares (-2.3%) from their portfolio in Q1 2026, for an estimated $172,151,496

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$PLD Congressional Stock Trading

Members of Congress have traded $PLD stock 4 times in the past 6 months. Of those trades, 1 have been purchases and 3 have been sales.

Here’s a breakdown of recent trading of $PLD stock by members of Congress over the last 6 months:

REPRESENTATIVE KEVIN HERN sold up to $100,000 on 03/20.
REPRESENTATIVE DAVID TAYLOR has traded it 3 times. They made 1 purchase worth up to $15,000 on 01/29 and 2 sales worth up to $30,000 on 02/26, 01/16.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$PLD Analyst Ratings

Wall Street analysts have issued reports on $PLD in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Truist Securities issued a "Buy" rating on 01/20/2026

To track analyst ratings and price targets for $PLD, check out Quiver Quantitative's $PLD forecast page.

$PLD Price Targets

Multiple analysts have issued price targets for $PLD recently. We have seen 13 analysts offer price targets for $PLD in the last 6 months, with a median target of $151.0.

Here are some recent targets:

Thomas Catherwood from BTIG set a target price of $170.0 on 07/01/2026
John Kim from BMO Capital set a target price of $158.0 on 06/29/2026
Nicholas Yulico from Scotiabank set a target price of $146.0 on 06/18/2026
Blaine Heck from Wells Fargo set a target price of $167.0 on 06/01/2026
Ronald Kamdem from Morgan Stanley set a target price of $151.0 on 05/27/2026
Michael Carroll from RBC Capital set a target price of $148.0 on 04/28/2026
Michael Lewis from Truist Securities set a target price of $154.0 on 04/27/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.