Loading…
Loading…
Sentiment · FY2026 Q1
| Analyst | Firm | Questions | ChallengePercentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|---|
| Vikram Malhotra | Mizuho Securities | 6 | 17% |
| Ron Kamdem | Morgan Stanley | 6 | 0% |
| Mike Goldsmith | UBS | 6 | 17% |
| Caitlin Burrows | Goldman Sachs | 5 | 0% |
| Vince Tibone | Green Street | 5 | 0% |
| Blaine Heck | Wells Fargo | 5 | 0% |
| Nick Thillman | Robert W. Baird | 4 | 0% |
| Craig Mailman | Citigroup | 3 | 0% |
| Samir Khanal | Bank of America | 3 | 67% |
| Ki Kim | Truist Securities | 3 | 0% |
| Firm | Analysts | Questions | ChallengePercentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|---|
| UBS | 1 | 6 | 17% |
| Morgan Stanley | 1 | 6 | 0% |
| Mizuho Securities | 1 | 6 | 17% |
| Green Street | 1 |
| 5 |
| 0% |
| Bank of America | 3 | 5 | 40% |
| Evercore ISI | 2 | 5 | 0% |
| Goldman Sachs | 1 | 5 | 0% |
| Wells Fargo | 1 | 5 | 0% |
Prologis delivered Q1 core FFO of $1.52 per share excluding promotes, ahead of expectations, with guidance raised to $6.12-$6.28. Record leasing of 64 million square feet continued with broadening demand across industries. Occupancy held at 95.3%. Same-store NOI growth was 6.1% net effective and 8.8% cash. Development starts reached $2.1 billion in Q1 alone, with 40% data center. The data center power pipeline stood at 5.6 GW, and solar installations reached 1.3 GW. The strategic capital platform expanded with new fund activity.
Demand | Pricing | Macroeconomic | Cloud & AI | Guidance Reliability | Capex Investment | Geographic Expansion | Trade Tariffs | |
|---|---|---|---|---|---|---|---|---|
| 2024Q4 | 4 | 3 | 2 | 1 | 2 | 1 | 2 | 1 |
| 2025Q1 | 6 | 2 | 2 | 3 | 4 | |||
| 2025Q2 | 7 | 2 | 4 | 2 | 1 | 1 | ||
| 2025Q3 | 7 | 3 | 2 | 3 | 1 | 1 | 1 | |
| 2025Q4 | 3 | 1 | 4 | 3 | 6 | 2 | ||
| 2026Q1 | 7 | 5 | 1 | 3 | 1 | 3 | 1 |
| '24Q4 | '25Q1 | '25Q2 | '25Q3 | '25Q4 | '26Q1 | |
|---|---|---|---|---|---|---|
| Demand | 4 | 6 | 7 | 7 | 3 | 7 |
| Pricing | 3 | 2 | 2 | 3 | 1 | 5 |
| Macroeconomic | 2 | 2 | 4 | 2 | 1 | |
| Cloud & AI | 1 | 3 | 4 | 3 | ||
| Guidance Reliability | 2 | 3 | 2 | 3 | 1 | |
| Capex Investment | 1 | 1 | 6 | 3 | ||
| Geographic Expansion | 2 | 1 | 1 | 2 | 1 | |
| Trade Tariffs | 1 | 4 | 1 | 1 |
| Company | Score | Trend | Rev YoY |
|---|---|---|---|
PLD Prologis | 7 | +7.4% | |
| EXR Extra Space Storage | 5 | +1.9% | |
| PSA Public Storage | 5 | +2.9% |