Mastodawn

Bloomberg Technology | Prologis CEO Sees Prolonged AI, Data Center Tailwinds

Prologis CEO Dan Letter joins Bloomberg Businessweek Daily to discuss the state of global logistics and shipping as geopolitics and associated risk impacts the firm's customer base. However, Prologis is optimistic about its data center business. Letter says the company's strong relationship with hyperscalers is ongoing, bolstering "a fortress of a balance sheet" as Prologis continues to secure longer-term power capacity. Letter speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)

#prologis #ceo #hyperscalers #globallogistics #datacenter

Steve Dustcircle 🌹Jan 14

The Founder and #CEO of #Prologis on Staying Ahead of #Disruptive Change

https://hbr.org/2026/01/the-founder-and-ceo-of-prologis-on-staying-ahead-of-disruptive-change?ab=HP-latest-text-2

The Founder and CEO of Prologis on Staying Ahead of Disruptive Change

Over the past four decades, Prologis has grown into the world’s largest real estate investment trust (REIT), with $215 billion in assets under management and 6,000 properties. A core driver of that success has been the company’s ability to anticipate change, from the rise of e-commerce and automation in the early 2000s to increasing demands for services, energy, and data centers more recently. To do that, Prologis has followed a simple playbook: Listen to customers, position yourself to act, experiment, and then invest.

Harvard Business Review

ExTraders Global Jul 17, 2024

Prologis $PLD reports EPS of $0.92, beating the forecast of $0.62. Revenue stands at $2.01B, surpassing the expected $1.86B. #Prologis #Earnings #Finance

ExTraders Global Feb 20, 2024

With a sustained price above $129.71, Prologis could aim for the next peak at $137.40. Should the price retract below this level, the 23.6% Fibonacci correction level at $127.77 is anticipated to provide support. #Prologis #REIT #logistics #supplychain #investment #financials #stockanalysis

ExTraders Global Feb 20, 2024

Analysts have set a consensus price target of $144.52 for Prologis stock, suggesting a potential return of 8.3%. From a technical standpoint, the stock has exhibited a medium-term uptrend, breaking the upper band of its channel before encountering selling pressure. However, a confirmation move with support from the 50-day moving average indicates resilience. #Prologis #REIT #logistics #supplychain #investment #financials #stockanalysis

ExTraders Global Feb 20, 2024

In its latest 12-month financial report, Prologis disclosed a robust full-year revenue of $8.023 billion, marking a substantial 34.32% increase year-on-year compared to the previous year's revenue of $5.97 billion. This impressive growth is attributed to improved supply chain management and heightened demand for logistics services. #Prologis #REIT #logistics #supplychain #investment #financials #stockanalysis

ExTraders Global Feb 20, 2024

Prologis, a US-based real estate investment trust (REIT) specializing in logistics facilities, commands a market capitalization of $125.38 billion. Operating across 19 countries, the company boasts a portfolio serving approximately 6,700 clients. With a price-to-book (PD/DD) multiple of 2.3, significantly lower than the industry average of 5.14, Prologis stands out as an attractive investment option. #Prologis #REIT #logistics #supplychain #investment #financials #stockanalysis