Prologis, Inc. (NYSE:PLD) is one of the Best Digital Infrastructure REITs to Buy According to Analysts. On April 28, RBC Capital raised its price target on Prologis to $148 from $135 and maintained a Sector Perform rating on the stock, according to a report by TheFly.
RBC highlighted that Prologis delivered healthy Q1 results, adding that the company reported a healthy tenant activity despite the recent geopolitical risks.
On April 16, the company reported revenues for the quarter ending March 31, 2026, of $2.3 billion, higher than its $2.14 billion revenues in the same period a year ago. Prologis also reported net earnings per diluted share of $1.05 for the quarter, compared with $0.63 for the corresponding period in 2025.
On April 9, the company partnered with global investment group La Caisse to create Prologis Logistics Investment Venture Europe (PLIVE), a new pan-European joint venture focused on acquiring, developing, and operating high-quality logistics properties. Earlier in March, the company formed a $1.6 billion joint venture with global institutional investor GIC to develop and own build-to-suit logistics facilities across major U.S. markets.
Prologis Chief Financial Officer Timothy D. Ardnt emphasized that the new partnerships will enhance the company’s ability to invest at scale. He said:
“Through our Strategic Capital platform, new partnerships with GIC and La Caisse will expand our access to capital and enhance our ability to invest at scale while preserving balance sheet strength and financial flexibility. Even amid an uncertain geopolitical environment, this combination of strong execution and capital strength underpins our increased Core FFO outlook.”
According to 24 analyst ratings compiled by CNN, 58% rated Prologis Buy, while 42% rated it Hold. As of May 1, Prologis has a median price target of $154, an 8.90% upside from the current price of $141.41.
Prologis, Inc. (NYSE:PLD) creates intelligent infrastructure that powers global commerce, seamlessly connecting the digital and physical worlds. The company leases modern logistics facilities to a diverse base of approximately 6,500 customers principally across two major categories: business-to-business and retail/online fulfillment.
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