PLD Quantitative Stock Analysis August 27, 2024 — 11:00 am EDT Written by John Reese for Validea -> ...

PLD has secured 1.4 gigawatts of power for their pipeline of data centers, and another 1.6 gigawatts is in procurement. Over the next decade, PLD hopes to take this capacity up to 10 gigawatts.

Pivoting to AI infrastructure with its data center business, Prologis (NYSE: PLD) is evolving beyond just an industrial REIT. Moreover, it was trading around $129.28 at the time of writing, well ...