Should I buy Lendlease stock in 2025?

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At HelloSafe, our expert has been tracking the performance of Lendlease for over three years. Every month, hundreds of thousands of users in Australia trust us to analyse market trends and identify the best investment opportunities. Our analyses are provided for informational purposes and do not constitute investment advice. In accordance with our ethical charter, we have never been, and will never be, compensated by Lendlease.

What is Lendlease?

The price of Lendlease stock

The price of Lendlease stock is rising this week. The current share price is AUD 5.49, registering a gain of AUD 0.06 (+1.10%) over the past 24 hours but a 4.52% decline over the last week. Lendlease has a market capitalisation of AUD 3.79 billion, with an average daily trading volume of 2.27 million shares over the last three months. The stock trades at a forward P/E ratio of 11.07, offers a dividend yield of 2.91%, and has a beta of 0.70, indicating lower volatility than the broader market. This context presents both stability and potential for investors in the evolving Australian real estate sector.

Our full analysis of the Lendlease stock

After reviewing Lendlease’s latest financial results and stock performance over the past three years, we have integrated a broad spectrum of sources—combining fundamental indicators, technical analysis, market signals, and peer benchmarking using our proprietary data analytics. This multi-dimensional approach helps us assess not only where the stock stands but also where its medium- and long-term opportunity lies for Australian investors. So, why might Lendlease stock once again become a strategic entry point into the diversified real estate and infrastructure sector in 2025?

Recent performance and market context

Lendlease shares are currently trading at AUD 5.49, having gained 1.10% in the last 24 hours, while the one-week performance shows a modest pullback of 4.52%. Despite a challenging macroeconomic environment and underperformance in the first half of the year, Lendlease has demonstrated resilience, as evidenced by its rapid return to statutory profitability with a reported AUD 48 million profit in the half-year 2025 results, marking a remarkable turnaround from the prior year’s loss. The stock has maintained robust average liquidity, trading 2.27 million shares daily, and its market capitalisation stands at AUD 3.79 billion. Against a backdrop of heightened demand for quality residential and commercial assets in Australia, Lendlease’s repositioning as a focused, capital-efficient leader within the local market aligns with sweeping sector trends: surging urbanisation, persistent housing shortages, and government support for major urban regeneration projects. Recent major divestments—including US and non-core asset sales—have unlocked fresh capital for core platform reinvestment, signalling a renewed commitment to value creation for shareholders.

Technical analysis

From a technical perspective, Lendlease exhibits several constructive signals suggesting a promising risk-reward profile for new and existing investors. The stock’s Relative Strength Index (RSI) at 47.10 is in the neutral zone, indicating neither overheating nor overselling—a position historically associated with emerging upside momentum. While the MACD currently reads negative, a recent buy signal from the pivot bottom on July 1, 2025, produced a 2.62% gain, hinting at the possibility of a short-term bullish reversal. Lendlease is trading marginally below key moving averages (20-, 50-, and 200-day SMAs), setting up a classic reversion scenario in which a breakout above the AUD 5.55–5.70 range could clear the path for further gains. Key support has been established at AUD 5.20, providing a tightly defined floor, with major resistance overhead at AUD 6.03—a close above which would confirm entry into a medium-term uptrend. The technical structure, including renewed volumes and a shift in momentum, aligns with the broad analyst consensus that identifies Lendlease as potentially undervalued at today’s level relative to its underlying asset base and growth initiatives.

Fundamental analysis

Lendlease’s fundamentals underwent a transformative evolution over the past eighteen months, driven by a comprehensive strategic overhaul. Revenues over the trailing twelve months stand at AUD 8.98 billion, supported by an impressive 15% EBITDA growth in its core segments and a 40% rise in construction EBITDA, underscoring a strong recovery trajectory. The recently restored profitability, following a sizeable prior-year net loss, demonstrates both the underlying robustness of recurring cashflows and the operational leverage being unlocked through restructuring. Lendlease’s forward price-to-earnings ratio of 11.07 and a low price-to-book of 0.76 highlight an attractive valuation by historical and sector standards—particularly noteworthy given the reset base and positive earnings inflection point. The company’s multipronged business model—including leading investment management, development, and construction expertise—positions it as both an integrated operator and a gateway for global capital into Australian real estate. Its strategic transition to a capital-light, higher-margin operating model is expected to enhance returns on equity and bring longer-term earnings stability, while its development pipeline and landmark urban regeneration positions are perfectly aligned with both national infrastructure agendas and ESG investment flows. Recent partnerships, such as the AUD 300 million joint venture with the UK’s Crown Estate, further reinforce its brand and international appeal.

Volume and liquidity

Lendlease maintains healthy market liquidity, averaging more than 2.27 million shares traded daily, demonstrating sustained institutional and retail participation. The stock’s substantial free float and wide ownership base ensure that price moves reflect real shifts in sentiment and market positioning, not merely sporadic trades. This high level of liquidity not only reduces slippage for investors but also primes the stock for responsive valuation re-rating as catalysts materialise—making it suitable for both active traders and longer-term portfolio builders seeking dynamic opportunities.

Catalysts and positive outlook

Several powerful catalysts are set to support the bullish case for Lendlease over the coming quarters. The company’s strategic reset in 2024–2025—including the high-impact exit of low-margin international construction businesses and the creation of a dedicated Capital Release Unit—has already begun enhancing profitability and future-proofing the business. Targets for AUD 4.5 billion in capital recycling are substantial, providing funding for domestic expansion, innovation, and new high-margin investment strategies. Management’s focus on boosting recurring fee revenue and scaling up third-party capital partnerships signals a robust growth orientation well into 2026 and beyond. The shift in earnings mix—now targeting 50% from investments and 35% from development—directly addresses margin volatility, aligning Lendlease’s performance with the most successful global REIT and asset-light peers. Further, Lendlease’s leadership in ESG-compliant urban renewal places it at the forefront of sustainable investment themes highly favoured by Australian super funds and long-term strategic investors.

• An attractive forward dividend yield of 2.91%, providing a reliable income stream in a low-rate environment.
• The upcoming August 2025 earnings release, expected to showcase further balance sheet strengthening and progress on strategic priorities.
• A BBB- credit rating from Fitch, supporting institutional confidence and corporate debt access.
• A well-defined pipeline of urban projects in Australia’s fast-growing metro corridors, amplifying exposure to positive demographic and housing demand trends.
• Synchronisation with government-backed infrastructure and green-building initiatives, driving sector tailwinds.

Investment strategies

For short-term traders, Lendlease presently offers an ideal technical setup at a relative low within its multi-year range, with a nearby support (AUD 5.20) limiting downside and clear resistance targets (AUD 5.70, AUD 6.03) presenting breakout potential. Momentum traders will appreciate the stock’s prior volatility, robust trading volumes, and recent MACD reversal signal, all of which point towards tactical opportunities if the market turns more bullish.

Medium-term investors may find the present period particularly opportune, benefiting from the company’s rapidly improving profit trajectory and positive sector cycle. The completion of its restructuring, together with divestment proceeds and capital redeployment, sets the stage for margin expansion and a return to earnings growth—trends that are often rewarded with price-earnings multiple re-rating.

Long-term investors should focus on Lendlease’s fundamental strengths: dominant Australian market share, a well-diversified operating model, unmatched expertise in placemaking and large-scale mixed-use projects, and a clear vision for sustainable value creation. The defensive characteristics of real assets, underpinned by recurring investment income streams, mean Lendlease should perform robustly even in more challenging macroeconomic environments. Entry at current levels seems to represent an excellent opportunity to position ahead of both cyclical recovery and the full harvesting of post-restructure value.

Is it the right time to buy Lendlease?

Lendlease’s unique mix of foundational strength, renewed management discipline, and strategic transformation makes it a compelling candidate for renewed portfolio allocation. With its share price consolidating near historical support, valuation multiples at appealing levels, and positive momentum visible across both technical and fundamental metrics, the stock is arguably entering a new bullish phase. The company’s well-capitalised balance sheet, attractive dividend, and scalable growth pipeline underscore its upside—as does management’s clear focus on shareholder value and operational excellence. For investors seeking high-quality exposure to the Australian property and infrastructure sector with measured risk, Lendlease’s current reset creates a rare entry point that the fundamentals more than justify.

As markets anticipate further updates from management and look ahead to 2026 sector catalysts, Lendlease appears strategically placed to capture upside in the evolving landscape of urban infrastructure and sustainable real estate. The alignment of technical support, fundamental value, and emerging catalysts means that Lendlease deserves renewed and serious consideration as a leading opportunity within the Australian listed real estate universe.

How to buy Lendlease stock in Australia?

Buying Lendlease stock online is a simple and secure process when you use a regulated Australian broker. There are two main ways to invest: you can buy shares outright (spot buying) or trade Lendlease via CFDs for leveraged opportunities. Both methods are accessible online and offer transparency, but each suits different investment goals and risk levels. For more information on choosing a broker in Australia, see our comparison further down the page.

Spot buying

A cash purchase means you buy Lendlease shares directly on the ASX, becoming a shareholder. This method is straightforward and suitable for long-term investors, with typical fees being a small fixed commission—generally between $5 and $20 per order in AUD.

Gain scenario

If the Lendlease share price is $5.49 AUD, you can buy around 181 shares with a $1,000 stake, including a brokerage fee of around $5.

If the share price rises by 10%, your shares are now worth $1,100.

Result: +$100 gross gain, i.e. +10% on your investment.

Trading via CFD

CFD trading allows you to speculate on Lendlease share price movements without owning the shares directly. With CFDs, you can use leverage (e.g., 5x), significantly increasing your exposure. Fees typically include the buy-sell spread and potential overnight financing charges if you hold positions longer than a day.

Gain scenario: CFD position with leverage

You open a CFD position on Lendlease shares, with 5x leverage.

This gives you a market exposure of $5,000.

If the stock rises by 8%, your position gains 8% × 5 = 40%.

Result: +$400 gain, on a bet of $1,000 (excluding fees).

Final advice

Before investing, compare brokers’ fees, trading conditions, and available order types to ensure the best fit for your strategy. The right choice between cash shares and CFDs depends on your investment goals, risk tolerance, and whether you prefer long-term growth or short-term trading. Consult our detailed broker comparison further down the page to make an informed decision.

Seven tips for buying Lendlease stock

The latest news about Lendlease

Lendlease shares gained 1.10% on July 3, 2025, amid stable daily trading volumes. The stock closed at AUD 5.49 and demonstrated resilience by outperforming the broader market despite modest volatility, reflecting investor confidence in recent restructuring progress and domestic business focus.

Lendlease finalised multiple asset sales and divestment actions in the Australian market this week. The company advanced its AUD 4.5 billion capital recycling program, with confirmed progress by the Capital Release Unit and several asset disposals completed, reaffirming strategic execution on its shift to an investments-driven model and solidifying its liquidity position for domestic growth.

The group announced tangible advances in its post-restructure earnings mix, prioritising Australian investments. Following the ongoing exit from international construction, management reaffirmed that over 50% of future earnings will be generated from domestic investment activities, indicating increasing exposure to stable recurring income and reduced global risk for Australian shareholders.

Analyst sentiment remains constructive, with forward P/E holding at an attractive 11.07. Several local equity research teams cited Lendlease’s enhanced focus on high-margin, capital-light businesses and anticipated improved return on equity now that most legacy risks have been addressed through divestments and cost measures.

Dividend prospects remain robust, with a forward yield of 2.91% and stable payment outlook. Lendlease continues to offer reliable semi-annual dividends, providing Australian investors with ongoing income opportunities, supported by core earnings improvements and steady cash flows through its simplified domestic business structure.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.