Jones Lang LaSalle Inc. research snapshot

JLL AI Stock Analysis

JLL AI stock analysis as of the August 2, 2026 data cutoff reads Jones Lang LaSalle as a high-quality, asset-light global commercial real estate services and investment management platform with improving momentum. The analysis is not a certain price prediction. At the cutoff, the latest verified close was $355.03 on July 31, 2026, market capitalization was about $16.33 billion, re-verified as $355.03 times 46.01 million shares with a 0.03% deviation, and the stock traded near 17x trailing earnings and about 13.8x forward earnings. The Q2 2026 report, released July 30, 2026, delivered revenue of $6.93 billion up 11%, record diluted EPS of $4.59 up 98% in USD, adjusted EPS of $5.26 up 59% in USD, adjusted EBITDA of $386.3 million up 33% in local currency, and free cash flow of $438.0 million up 52%. Management raised full-year 2026 adjusted EPS guidance to $24.60 to $25.90, implying roughly 34% growth at the midpoint, while keeping net leverage at 0.7x. The stock sits above its 50-day and 200-day moving averages and touched a fresh 52-week high of $365.43 intraday on July 31 before closing lower. The main question is whether double-digit advisory growth, margin expansion, and the raised guidance can hold the current multiple while the business remains exposed to commercial real estate cycles and transaction volatility. This is informational research and not investment advice.

Current price

$355.03

Market cap

$16.33 billion

AI score

76 / 100

Rating

High-quality CRE services, accelerating growth with a reasonable multiple

Trend status

Uptrend above the 50-day and 200-day moving averages, near a fresh 52-week high

Data cutoff (updated monthly)

August 4, 2026

Informational use only. This page is not investment advice.

Research quality check

information Richness
A-level information richness. JLL is a large-cap NYSE stock with long SEC filings, the Q2 2026 Form 10-Q filed July 30, 2026, active analyst coverage from 12 analysts, detailed earnings releases, and frequent market data. The August 2, 2026 full refresh re-fetched and re-validated the $355.03 close, $16.33 billion market cap, Q2 2026 results, guidance, and balance sheet figures, which matched across StockAnalysis.com, the earnings release, the earnings call, and SEC EDGAR.
bias Check
The main AI bias risk is recency and momentum anchoring after a strong run toward 52-week highs, so this page separates filing-backed facts from scenario judgments and asks why a disciplined investor might still wait. The mirror-image bias is treating one record quarter as proof that the real estate cycle has permanently turned.
ai Confidence
High data confidence for the business map, filings, market cap math, Q2 2026 results, raised guidance, and major risk categories. Lower confidence for future returns, near-term transaction volumes, and the multiple the market will pay.
investment Certainty
Medium. JLL is easier to analyze than many cyclicals, but the investment outcome depends on commercial real estate transaction volumes, interest rate stability, margin execution, and whether the stock can hold a multiple near 17x after a strong run.

Quick verdict table

DimensionConclusionConfidence
Business qualityJLL earns fees from property management, leasing advisory, capital markets, and investment management, with an asset-light model, resilient recurring revenue near 80% of total, and high operating leverage.High
MoatThe moat comes from global scale, brand, long client relationships, switching costs in outsourcing contracts, proprietary data, and AI-enabled productivity tools.Medium-high
ManagementCEO Christian Ulbrich and CFO Kelly Howe delivered a record Q2 2026 and raised full-year adjusted EPS guidance to $24.60 to $25.90. H1 2026 buybacks totaled $410 million with $2.6 billion still authorized.Medium-high
Financial trendQ2 2026 revenue rose 11% to $6.93 billion, diluted EPS was $4.59 up 98%, adjusted EPS was $5.26 up 59%, and adjusted EBITDA rose 33% in local currency. TTM revenue was $27.43 billion and TTM EPS was $20.91.High
ValuationThe stock trades near 17x TTM earnings, 13.8x forward earnings, 2.19x book value, and 0.60x sales. The multiple is reasonable relative to the raised guidance but not cheap for a cyclical business.Medium
Technical trendJLL closed at $355.03 on July 31, 2026, above its 50-day and 200-day moving averages, and touched a fresh 52-week high of $365.43 intraday. RSI near 66.7 is elevated but not extreme.Medium
Risk levelKey risks are commercial real estate cycles, transaction revenue volatility, interest rates, office market health, geopolitical conflicts, competition from CBRE and others, and multiple compression near highs.Medium-high
AI confidenceHigh confidence for the business map, filings, market cap math, Q2 2026 results, and major risk categories. Lower confidence for future returns and near-term earnings.High data confidence
Investment certaintyMedium certainty. JLL is a high-quality business executing well, but the stock has run to 52-week-high territory and the next earnings report is due in October 2026.Medium

JLL AI stock forecast

JLL AI Stock Forecast Scenarios

The JLL AI stock forecast uses scenario ranges around the $355.03 cutoff price. It does not claim that AI can predict a specific future price. The bullish case requires sustained double-digit revenue growth, continued margin expansion, strong capital markets activity, and a stable or expanding earnings multiple. The base case assumes earnings compound while the valuation stays range-bound. The bearish case assumes a transaction slowdown, rising rates, or multiple compression.

Bullish case

$520 to $580

More likely if JLL sustains double-digit revenue growth, expands adjusted EBITDA margins, executes the Accelerate 2030 plan and the raised FY2026 guidance, and the market awards a forward earnings multiple near 18x on three-year forward EPS of about $31.

Base case

$400 to $470

More likely if earnings grow in the low to mid-teens, buybacks continue, and investors value JLL near 16x forward earnings.

Bearish case

$240 to $310

More likely if commercial real estate transactions slow, interest rates rise, office demand weakens, or the market resets JLL toward a low-teens earnings multiple.

JLL AI technical analysis

JLL AI Technical Analysis

JLL AI technical analysis starts from the $355.03 July 31, 2026 close used for this August 2 static page. The stock is above the 50-day moving average near $311.64 and the 200-day moving average near $318.42, and touched a fresh 52-week high of $365.43 intraday on July 31. TradingKey put the momentum score at 3.72 with resistance near $375.51 and support near $324.47. Because this page does not fetch request-time market data, traders should confirm levels on a live chart before acting.

LevelValueWhy it matters
Current price$355.03Latest verified close used for this page as of the July 31, 2026 data snapshot and the August 2, 2026 page cutoff.
Near support$324.47TradingKey support level in its July 31, 2026 update. A close below this would break the range.
Secondary support$311.64 to $318.42The 50-day moving average near $311.64 and the 200-day moving average near $318.42. A sustained break would weaken the longer trend.
Near resistance$365.43 to $375.51The 52-week high area near $365.43 and the TradingKey resistance near $375.51. Breakout attempts need volume confirmation.
50-day moving averageAbout $311.64StockAnalysis and TradingKey both showed JLL above the 50-day moving average around the cutoff.
200-day moving averageAbout $318.42StockAnalysis showed JLL above its 200-day moving average, supporting the longer trend.
MomentumRSI near 66.69, mixed oscillatorsRSI was elevated but not extreme. MACD, CCI, and Williams %R were buy signals while TRIX and StochRSI were sell signals in the July 31, 2026 update.
VolumeApproximately 395,000 to 410,000 shares dailyAverage volume over 20 days was near 395,319 shares, with about 410,027 traded on July 31. Volume is relatively low for a large-cap stock.
VolatilityATR 14 near $11.70Position sizing should allow for normal daily movement around the cutoff price.
InvalidationClose below $324.47, then $311.64A close below the $324.47 support would break the trading range. A break below the 50-day area near $311.64 would weaken the longer trend.

JLL AI trading strategy

JLL AI Trading Strategy Framework

The JLL AI trading strategy is a rules-based framework, not personalized advice. It combines filing-backed business evidence, technical confirmation, position sizing, and clear invalidation levels.

Trend-following setup

Look for JLL to hold above the 50-day area near $311.64 and break the $365.43 to $375.51 resistance zone with improving volume before treating momentum as confirmed.

A failed breakout or daily close below the $324.47 support should reduce confidence in the setup.

Mean-reversion setup

If JLL pulls back toward $324 to $330 without a thesis break, compare price stabilization with upcoming earnings, leasing demand, capital markets activity, and interest rate stability.

Do not average down solely because JLL is a high-quality business. Define maximum loss and review valuation first.

Fundamental monitor

Track Q3 2026 earnings in October 2026, revenue growth by segment, adjusted EBITDA margin, buyback pace, the FY2026 adjusted EPS guidance of $24.60 to $25.90, capital markets deal flow, and office leasing demand.

Lower the rating if earnings growth slows while the stock still trades near 17x trailing earnings after a strong run.

Investment research summary

Four-master Research Compression

Business essence

JLL turns real estate expertise into fee income for property owners, occupiers, and investors through management, leasing, capital markets, and investment management services, with resilient recurring revenue near 80% of the total.

Moat

The moat is global scale, brand reputation, long client contracts, proprietary data, AI-enabled productivity tools, and a workforce of more than 113,000 across over 80 countries.

Munger risk inversion

The thesis can fail if commercial real estate transactions freeze, interest rates spike, office demand weakens, margin expansion stalls, geopolitical conflicts persist, or competition from CBRE and technology-driven brokers accelerates.

Management

CEO Christian Ulbrich and CFO Kelly Howe guided JLL through a record Q2 2026, a raised full-year adjusted EPS guidance of $24.60 to $25.90, $410 million of H1 buybacks, and continued investment in AI and platform efficiency under Accelerate 2030.

Industry trend

JLL sits at the center of commercial real estate services, data analytics, and investment management. The trend is durable but cyclical, with leasing and capital markets activity accelerating in 2026 led by the United States.

Valuation and margin of safety

At roughly 17x TTM earnings and 13.8x forward earnings, the price already assumes continued growth and margin execution after a run to 52-week-high territory. A fair setup needs either durable earnings growth or a better entry price.

Source-backed data

JLL Data Table

Every metric below includes a source and last verification date.

MetricValueSourceLast verified
JLL price$355.03 close on July 31, 2026; after hours $356.26StockAnalysis.com quoteAugust 2, 2026
Market capitalization$16.33 billion, verified as $355.03 x 46.01 million sharesfinancial_rigor.py market cap verification and StockAnalysisAugust 2, 2026
Shares outstanding46.01 millionStockAnalysis statisticsAugust 2, 2026
52-week range$259.83 to $365.43StockAnalysis.com quoteAugust 2, 2026
FY2025 revenue$26.12 billionJLL 2025 Annual Report on Form 10-KAugust 2, 2026
FY2025 net income$792.1 millionJLL 2025 Annual Report on Form 10-KAugust 2, 2026
FY2025 diluted EPS$16.40StockAnalysis financials and JLL 10-KAugust 2, 2026
Q2 2026 revenue$6.93 billion, up 11% in USD and 10% in local currencyJLL Q2 2026 earnings releaseAugust 2, 2026
Q2 2026 diluted EPS$4.59, up 98% in USD; adjusted EPS $5.26 up 59% in USDJLL Q2 2026 earnings releaseAugust 2, 2026
Q2 2026 adjusted EBITDA$386.3 million, up 33% in local currencyJLL Q2 2026 earnings releaseAugust 2, 2026
Q2 2026 free cash flow$438.0 million, up 52%JLL Q2 2026 earnings releaseAugust 2, 2026
Q2 2026 segment revenueReal Estate Management Services $5,368.4M up 8%, Leasing Advisory $836.9M up 24%, Capital Markets Services $620.2M up 19%, Investment Management $102.4M in local currencyJLL Q2 2026 earnings releaseAugust 2, 2026
H1 2026 revenue and EPSRevenue $13.31 billion up 11%; diluted EPS $7.91 up 129%; adjusted EPS $8.67 up 55% in USDJLL Q2 2026 earnings releaseAugust 2, 2026
FY2026 guidanceAdjusted EPS raised to $24.60 to $25.90, about 34% growth at midpoint; leasing and capital markets revenue growth targets raisedJLL Q2 2026 earnings release and earnings callAugust 2, 2026
Share buybacks$110 million in Q2 2026; $410 million in H1 2026; $2.6 billion still authorizedJLL Q2 2026 earnings release and earnings callAugust 2, 2026
TTM revenue$27.43 billionStockAnalysis statisticsAugust 2, 2026
TTM net income$999.10 millionStockAnalysis statisticsAugust 2, 2026
TTM EPS$20.91StockAnalysis statisticsAugust 2, 2026
Cash and total debtCash $458.20 million; total debt $3.22 billion; net cash negative $2.76 billionStockAnalysis statisticsAugust 2, 2026
Book value per share$162.19StockAnalysis statisticsAugust 2, 2026
TTM free cash flow$1.12 billion, $24.35 per shareStockAnalysis statisticsAugust 2, 2026
Valuation math16.98x TTM PE, 13.81x forward PE, 2.19x PB, 0.60x PS, 14.58x TTM P/FCF, 6.86% FCF yield from financial_rigor.pyfinancial_rigor.py valuation verificationAugust 2, 2026
Moving averages and momentum50-day MA about $311.64, 200-day MA about $318.42, RSI 66.69StockAnalysis statisticsAugust 2, 2026
Technical support and resistanceSupport $324.47, resistance $375.51, momentum score 3.72TradingKey technical snapshot, updated July 31, 2026August 2, 2026
Analyst price target$399.20, consensus Buy from 12 analystsStockAnalysis forecastAugust 2, 2026
Net leverage and liquidityNet leverage 0.7x; corporate liquidity $3.4 billionJLL Q2 2026 earnings callAugust 2, 2026

Frequently Asked Questions

This JLL AI stock analysis is an informational tool for research and education only. It is not investment advice, a recommendation, or a guarantee of future performance. Forecast ranges are scenarios based on available data as of August 2, 2026 and can be wrong.