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Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
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  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

JLL (JLL) Stock Trades Up, Here Is Why

JLL Cover Image

What Happened?

Shares of real estate firm JLL (NYSE: JLL) jumped 3.3% in the afternoon session after an analyst at Goldman Sachs raised their price target on the stock and reaffirmed a "Buy" rating. Analyst Julien Blouin cited the company's strong performance and positive outlook in the decision to increase the price target to $378 from $338. This bullish sentiment is supported by several recent positive developments for the commercial real estate services firm. JLL recently announced the integration of new artificial intelligence (AI) capabilities into its building operations platform, Prism, a move aimed at enhancing efficiency and reducing costs for its property management teams. The upgrade also follows a strong second-quarter earnings report where the company's earnings per share of $3.30 surpassed Wall Street expectations, contributing to the stock reaching a new all-time high. The broader commercial real estate market appears to be in a strong recovery, with leasing activity surging and major firms, including JLL, raising their 2025 forecasts.

Is now the time to buy JLL? Access our full analysis report here, it’s free.

What Is The Market Telling Us

JLL’s shares are somewhat volatile and have had 10 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.

The previous big move we wrote about was 15 days ago when the stock gained 6.6% on the news that its peer in the real estate services sector, CBRE Group, reported strong second-quarter earnings and revenues that surpassed analyst expectations. The positive results from a major industry competitor suggested favorable market conditions for the entire real estate services sector. This sentiment was bolstered by the fact that JLL was scheduled to report its own results on August 6, with consensus earnings per share estimates having been revised higher over the past month. The expected earnings represented a significant year-over-year increase, indicating analyst confidence.

JLL is up 17.9% since the beginning of the year, and at $293.82 per share, has set a new 52-week high. Investors who bought $1,000 worth of JLL’s shares 5 years ago would now be looking at an investment worth $2,971.

Unless you’ve been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story.

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