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Real estate

Prologis (PLD) On Its $5b Equity Raise And Whether The Stock Is Fully Valued

Wednesday, November 4, 2026 · first reported by Simply Wall St

Prologis (PLD) has finished an at-the-market equity sale worth US$71.8 million and has filed for a far bigger follow-on offering of common shares, at US$5 billion. Its shares last closed at US$129.65.

Simply Wall St reports a 7-day share price gain of 2.64%, a 90-day fall of 6.76% and a 1-year total shareholder return of 7.65%. It puts the price-to-earnings ratio at about 29x, against 25x for peers, and cites a fair value of $152.85 per share. The Joliet joint venture and the SEGRO deal are also mentioned.

Size
$5B
Stage
Target
Asset class
Real estate
Geography
North America

The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.

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