---
title: "Weekly Recap | Prologis -3.11%, hovering near range low"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/300850900.md"
description: "Prologis fell 3.11% this week to close at $128.91, while the S&P 500 lost 0.27%, leaving the stock roughly 2.84 percentage points behind the benchmark. It was not a straight-line decline: Monday (28 Sep) opened at $133.09 and touched a weekly high of $134.34, before drifting lower each day. Thursday (1 Oct) marked the week’s low at $127.29, and Friday recovered modestly to $128.91. Weekly amplitude was 5.3%, and average daily turnover of 4."
datetime: "2026-10-03T07:29:56.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/300850900.md)
  - [en](https://longbridge.com/en/news/300850900.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/300850900.md)
generator: "portal-rs"
---

# Weekly Recap | Prologis -3.11%, hovering near range low

## The Week

Prologis fell 3.11% this week to close at $128.91, while the S&P 500 lost 0.27%, leaving the stock roughly 2.84 percentage points behind the benchmark. It was not a straight-line decline: Monday (28 Sep) opened at $133.09 and touched a weekly high of $134.34, before drifting lower each day. Thursday (1 Oct) marked the week’s low at $127.29, and Friday recovered modestly to $128.91. Weekly amplitude was 5.3%, and average daily turnover of 4.5m shares ran about 39% above the median, a clear pickup in activity.

## Key Events

The week was dominated by regulatory disclosures around Prologis’ deal for SEGRO. On Monday (28 Sep), SEGRO shareholders voted in favour of the scheme at a court meeting, and a wave of Form 8.3 filings followed from firms including Capital Group, FIL Limited, State Street Global Advisors and Cohen & Steers, which disclosed a 3.0145% stake in Prologis under Takeover Code rules. Through the rest of the week, Amundi, UBS Asset Management, L&G, APG and Syquant Capital submitted similar disclosures. Brief market notes on Wednesday and Thursday said the stock underperformed rivals. On Saturday (3 Oct), Prologis declared a R$0.3140736500 per unit dividend for Q3 2026, payable 6 Oct.

## Analyst Ratings

Of the 18 firms covering the stock, 7 rate it buy, 3 overweight, 7 hold and 1 no opinion; none rate it underweight or sell. The consensus rating is buy, with a consensus target of $158.23, about 22.7% above the latest price. The target range runs from $140 to $170, so dispersion is not trivial. Within the REITs industry, the stock ranks 39th out of 150 names by analyst rating.

## The Week Ahead

Macro data is fairly dense next week: the S&P Global services PMI final and ISM non-manufacturing PMI land on Monday (5 Oct), international trade data follows on Tuesday (6 Oct), and EIA crude inventories on Wednesday (7 Oct). The bigger item sits further out: Prologis reports Q3 FY2026 earnings before the open on Thursday, 15 Oct, with consensus estimates at EPS of $0.7766 and revenue of $2.216bn.

## In Short

This week’s price action and the SEGRO deal progress moved in parallel: the stock fell and lagged the market, while institutional disclosures tied to the transaction kept coming. The tension to watch is simple: the price has drifted back near the 60-day range low at $127.29, yet the consensus target still implies roughly 23% upside from spot. The 15 Oct quarterly report is the next checkpoint for whether the valuation implied by that target is still justified.

*This article is generated by LongbridgeAI from market data, for information only and not investment advice.*

### Related Stocks

- [PLD.US](https://longbridge.com/en/quote/PLD.US.md)

## Related News & Research

- [Osmosis Investment Management UK Ltd Makes New $8.07 Million Investment in Prologis, Inc. $PLD](https://longbridge.com/en/news/296771750.md)
- [Are Wall Street Analysts Bullish on Prologis Stock?](https://longbridge.com/en/news/285760214.md)
- [Will HDDs Be Replaced by SSDs? Investment Value Analysis of Seagate Technology and Western Digital in the AI Era](https://longbridge.com/en/news/300838673.md)
- [Constellation Brands Stock Forecast: Beer Demand Faces a Key Q2 Earnings Test](https://longbridge.com/en/news/300859275.md)
- [If I Could Only Buy 1 Space Stock for the Next Decade, It Wouldn't Be SpaceX or Rocket Lab](https://longbridge.com/en/news/300850222.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**