Linde (NASDAQ:LIN) Price Target Raised to $580.00

Linde (NASDAQ:LIN) had its price target upped by stock analysts at Citigroup from $560.00 to $580.00 in a report issued on Friday, Benzinga reports. The brokerage presently has a “buy” rating on the basic materials company’s stock. Citigroup‘s price objective points to a potential upside of 12.79% from the stock’s previous close.

Several other analysts have also issued reports on the company. DZ Bank reiterated a “neutral” rating on shares of Linde in a report on Thursday, August 6th. Weiss Ratings restated a “buy (b)” rating on shares of Linde in a research note on Monday, October 19th. Royal Bank Of Canada raised their price target on Linde from $549.00 to $568.00 and gave the company an “outperform” rating in a research note on Friday. Mizuho set a $583.00 price target on Linde in a research report on Thursday. Finally, KeyCorp upped their price objective on Linde from $542.00 to $545.00 and gave the stock an “overweight” rating in a research note on Friday. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, Linde presently has an average rating of “Moderate Buy” and an average target price of $550.14.

Linde Stock Up 2.2%

Shares of NASDAQ LIN traded up $11.09 during midday trading on Friday, reaching $514.24. The company’s stock had a trading volume of 3,116,791 shares, compared to its average volume of 2,312,641. The company has a current ratio of 0.88, a quick ratio of 0.75 and a debt-to-equity ratio of 0.51. Linde has a fifty-two week low of $387.78 and a fifty-two week high of $548.20. The stock has a market capitalization of $237.05 billion, a price-to-earnings ratio of 33.22, a PEG ratio of 2.96 and a beta of 0.71. The stock has a 50 day simple moving average of $482.87 and a 200-day simple moving average of $492.00.

Linde (NASDAQ:LIN) last announced its quarterly earnings data on Thursday, October 29th. The basic materials company reported $4.59 EPS for the quarter, topping analysts’ consensus estimates of $4.52 by $0.07. Linde had a net margin of 20.43% and a return on equity of 20.09%. The business had revenue of $9.40 billion for the quarter, compared to analyst estimates of $9.16 billion. During the same quarter in the previous year, the firm posted $4.21 earnings per share. The firm’s revenue for the quarter was up 9.3% on a year-over-year basis. Equities research analysts predict that Linde will post 17.86 earnings per share for the current year.

Institutional Investors Weigh In On Linde

Hedge funds have recently bought and sold shares of the company. MFG Investments LLC acquired a new position in shares of Linde during the third quarter valued at about $854,000. Third View Private Wealth LLC grew its stake in shares of Linde by 2.6% in the 3rd quarter. Third View Private Wealth LLC now owns 8,677 shares of the basic materials company’s stock valued at $4,119,000 after buying an additional 221 shares during the period. Provenance Wealth Advisors LLC grew its stake in shares of Linde by 7,338.5% in the 3rd quarter. Provenance Wealth Advisors LLC now owns 5,802 shares of the basic materials company’s stock valued at $2,754,000 after buying an additional 5,724 shares during the period. Prescott Group Capital Management L.L.C. bought a new stake in Linde in the 3rd quarter valued at about $381,000. Finally, Putney Financial Group LLC bought a new stake in Linde in the 3rd quarter valued at about $36,000. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Linde

Here are the key news stories impacting Linde this week:

• Positive Sentiment: Q3 results exceeded expectations: Adjusted EPS was $4.59, above the $4.52 consensus and up 9% year over year, while sales rose 9.3% to $9.40 billion, topping the $9.16 billion estimate. Linde Reports Third-Quarter 2026 Results
• Positive Sentiment: Growth drivers remain intact: Higher pricing, volume growth in the Americas, strong electronics demand and AI-related semiconductor investment supported the quarter. Management also cited a $7.9 billion project backlog, providing visibility into future growth. LIN Q3 Earnings Call Highlights Restructuring and Growth Outlook
• Positive Sentiment: Analysts raised their valuation targets: Barclays lifted its target from $577 to $591 and maintained an “overweight” rating, while RBC raised its target from $549 to $568 and upgraded or maintained an “outperform” view. The revisions signal continued confidence in Linde’s earnings durability and growth prospects.
• Neutral Sentiment: Underlying performance was stronger than reported GAAP results: GAAP net income declined 12% because of purchase-accounting effects and restructuring-related items, but adjusted net income increased 7% to $2.12 billion. Linde plc Q3 2026 Earnings Call Summary
• Negative Sentiment: Restructuring and near-term uncertainty temper the outlook: Linde expects a $425 million restructuring charge and guided fourth-quarter EPS to $4.40–$4.50. Uneven industrial demand, margin pressure and an evaluation of options for Lincare could limit near-term upside.

Linde Company Profile

Linde plc (NASDAQ:LIN) is a global industrial gases and engineering company. It produces and distributes atmospheric gases such as oxygen, nitrogen and argon, as well as hydrogen, helium, carbon dioxide and specialty gases. The company serves customers through packaged gases, bulk deliveries, on-site production and pipeline systems.

Linde’s products and services support a broad range of industries, including healthcare, food and beverage, manufacturing, chemicals, energy, refining, electronics and metals.