Professional
Added to YB: 2025-08-08
Pitch date: 2025-06-30
PLD [neutral]
Prologis, Inc.
+38.44%
current return
Author Info
No bio for this author
Company Info
Prologis, Inc. don't just lead the industry, they define it. The firm creates the intelligent infrastructure that powers global commerce, seamlessly connecting the digital and physical worlds.
Market Cap
$133.1B
Pitch Price
$101.62
Price Target
N/A
Dividend
3.06%
EV/EBITDA
25.66
P/E
31.18
EV/Sales
17.90
Sector
Industrial REITs
Category
growth
Baron Real Estate Income Fund Portfolio Holding: Prologis, Inc.
PLD (holding update): Underperformed in Q2 due to slower leasing environment. CEO Moghadam remains optimistic with 30% below-market rents, strong pipeline, and secular tailwinds (e-commerce, supply chain, inventory safety stock, near/onshoring). Data center development on owned land offers high-return growth potential. Compelling valuation after recent correction.
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