Linde (NASDAQ:LIN) Stock Price Target Raised at Barclays

Key Points

• Barclays raised Linde’s price target from $577 to $591 and maintained an “overweight” rating, implying approximately 15.25% upside from the prior close.
• Linde reported quarterly adjusted EPS of $4.59 and revenue of $9.40 billion, beating analyst expectations; revenue increased 9.3% year over year, supported by pricing, volume growth and electronics demand.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and average price target of $548.29. Institutional investors own approximately 82.8% of Linde’s outstanding shares.

Linde (NASDAQ:LIN - Get Free Report) had its price objective boosted by equities researchers at Barclays from $577.00 to $591.00 in a research report issued to clients and investors on Friday, Benzinga reports. The firm currently has an "overweight" rating on the basic materials company's stock. Barclays's price objective indicates a potential upside of 15.25% from the stock's previous close.

LIN has been the topic of a number of other reports. KeyCorp raised their target price on shares of Linde from $542.00 to $545.00 and gave the stock an "overweight" rating in a research note on Friday. Citigroup cut their price target on Linde from $580.00 to $560.00 and set a "buy" rating for the company in a report on Wednesday, October 7th. Bank of America lifted their price objective on Linde from $532.00 to $550.00 and gave the stock a "neutral" rating in a research report on Friday, July 17th. Sanford C. Bernstein reissued an "outperform" rating on shares of Linde in a research note on Monday, October 5th. Finally, Royal Bank Of Canada dropped their target price on Linde from $553.00 to $549.00 and set an "outperform" rating for the company in a report on Thursday, October 15th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $548.29.

Linde Price Performance

Linde stock traded up $9.65 during midday trading on Friday, reaching $512.80. The company had a trading volume of 548,301 shares, compared to its average volume of 2,299,662. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.88 and a quick ratio of 0.75. The firm's fifty day simple moving average is $482.87 and its 200-day simple moving average is $492.00. The company has a market capitalization of $236.39 billion, a P/E ratio of 33.15, a P/E/G ratio of 2.96 and a beta of 0.71. Linde has a 12-month low of $387.78 and a 12-month high of $548.20.

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

Institutional Investors Weigh In On Linde

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Integrity Alliance LLC. purchased a new position in Linde in the third quarter worth approximately $306,000. Oregon Public Employees Retirement Fund purchased a new stake in shares of Linde in the 3rd quarter valued at approximately $26,918,000. First Nebraska Trust Co purchased a new stake in shares of Linde in the 3rd quarter valued at approximately $288,000. Gerber Kawasaki Wealth & Investment Management acquired a new stake in shares of Linde in the 3rd quarter valued at $261,000. Finally, GRIMES & Co WEALTH MANAGEMENT LLC purchased a new stake in shares of Linde during the 3rd quarter worth $597,000. Hedge funds and other institutional investors own 82.80% of the company's stock.

Linde News Roundup

Here are the key news stories impacting Linde this week:

• Positive Sentiment: Q3 results exceeded expectations: Adjusted EPS was $4.59 versus the $4.52 consensus, while sales rose 9.3% year over year to $9.404 billion, above estimates of $9.16 billion. Adjusted net income increased 7% to $2.122 billion. Linde Reports Third-Quarter 2026 Results
• Positive Sentiment: Operational momentum remained strong: Higher pricing and volumes in the Americas, along with robust electronics demand, drove sales growth. Management also cited AI-related demand for chip-making gases and raised its 2026 earnings outlook. LIN Q3 Earnings Beat Estimates on Higher Americas Pricing and Volumes
• Positive Sentiment: Profit growth continued despite a difficult comparison: Adjusted diluted EPS increased 9% from $4.21 a year earlier, reinforcing Linde’s record of resilient earnings and pricing power. Linde Q3 Adjusted Earnings and Revenue Rise
• Neutral Sentiment: Q4 guidance was set at $4.40-$4.50 in adjusted EPS. The range is below Q3’s result but may reflect normal quarterly variability; investors will focus on whether demand remains strong into 2027. Linde Guides Q4 EPS
• Negative Sentiment: Reported GAAP performance declined: Net income fell 12% and diluted GAAP EPS dropped 11% to $3.66, partly because of a $425 million restructuring charge and other costs. Linde is also evaluating strategic options for Lincare, creating additional uncertainty. Linde Q3 2026 Earnings Call Summary
• Negative Sentiment: ETF net selling of Linde shares on October 26 represented a modest technical overhang, although the stronger earnings and outlook are likely more important near-term drivers. ETFs Are Net Sellers of Linde

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.

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