Prologis Stock Plummets 20% in Four Days as Trading Volume Drops to 167th Rank

On April 8, 2025, Prologis (PLD) experienced a significant decline, with its trading volume dropping by 38.76% to 7.36 billion, ranking 167th in the day's market activity. The stock price fell by 5.04%, marking the fourth consecutive day of decline, with a total decrease of 20.10% over the past four days.

Prologis' recent downturn can be attributed to a downgrade by Scotiabank, which adjusted its rating from "Sector Outperform" to "Sector Underperform." This change in outlook was accompanied by a reduction in the price target from $133 to $97, reflecting concerns over potential earnings growth and market recovery.

Despite the recent setback, Wall Street analysts maintain a generally positive outlook for Prologis. The average 12-month price target stands at $129.84, with projections ranging from $105.00 to $150.00. This target suggests a potential upside of 36.57% from the current trading price. Additionally, brokerage sentiment remains favorable, with a consensus recommendation of "Outperform" and an average rating of 2.1, positioning Prologis between a "Buy" and a "Hold."

GuruFocus' proprietary metrics also offer a positive perspective on Prologis' valuation. The estimated GF Value for Prologis in one year is projected at $142.77, suggesting a potential upside of 50.17% from the current share price. This figure is derived from historical price multiples, past business growth trends, and future performance estimates, indicating a strong potential for recovery and growth.