JPMorgan Chase & Co. Issues Positive Forecast for Linde (NASDAQ:LIN) Stock Price

Key Points

• JPMorgan Chase & Co. raised its price target on Linde from $525 to $530 and maintained an "overweight" rating, implying about a 7.39% upside from the prior close.
• Analyst sentiment is broadly positive with a MarketBeat consensus "Buy" and a $533 average target, while several major banks (Citigroup $585, UBS $579, Deutsche Bank $575) have set higher individual targets.
• Linde beat Q1 expectations (EPS $4.33 vs. $4.27; revenue $8.78B vs. $8.60B) and provided FY2026 guidance of 17.60–17.90 EPS, yet shares fell roughly 2.8% to $493.55 and insiders sold about $9.7M of stock recently.

Linde (NASDAQ:LIN - Get Free Report) had its price target raised by research analysts at JPMorgan Chase & Co. from $525.00 to $530.00 in a research note issued on Monday,Benzinga reports. The firm presently has an "overweight" rating on the basic materials company's stock. JPMorgan Chase & Co.'s target price would indicate a potential upside of 7.39% from the stock's previous close.

A number of other equities research analysts have also commented on LIN. Weiss Ratings lowered Linde from a "buy (b)" rating to a "buy (b-)" rating in a research report on Wednesday. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a $575.00 price target on shares of Linde in a research report on Monday. Citigroup upped their price target on Linde from $580.00 to $585.00 and gave the company a "buy" rating in a research report on Monday. Mizuho set a $525.00 price objective on Linde in a research note on Friday, February 6th. Finally, UBS Group boosted their price objective on Linde from $550.00 to $579.00 and gave the company a "buy" rating in a research note on Thursday, April 9th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus target price of $533.00.

Linde Trading Down 2.8%

Shares of NASDAQ:LIN traded down $14.37 during mid-day trading on Monday, reaching $493.55. 2,405,760 shares of the company's stock were exchanged, compared to its average volume of 2,526,775. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.69 and a current ratio of 0.83. Linde has a twelve month low of $387.78 and a twelve month high of $521.28. The firm has a market capitalization of $228.71 billion, a price-to-earnings ratio of 32.77, a PEG ratio of 3.20 and a beta of 0.73. The business's fifty day moving average price is $496.93 and its 200-day moving average price is $456.06.

Linde (NASDAQ:LIN - Get Free Report) last posted its quarterly earnings data on Friday, May 1st. The basic materials company reported $4.33 earnings per share for the quarter, beating analysts' consensus estimates of $4.27 by $0.06. The business had revenue of $8.78 billion during the quarter, compared to the consensus estimate of $8.60 billion. Linde had a return on equity of 19.80% and a net margin of 20.44%.Linde's quarterly revenue was up 8.2% on a year-over-year basis. During the same period in the prior year, the business posted $3.95 earnings per share. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. On average, research analysts predict that Linde will post 17.8 EPS for the current fiscal year.

Insider Buying and Selling

In related news, VP Guillermo Bichara sold 9,455 shares of the company's stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $480.45, for a total transaction of $4,542,654.75. Following the transaction, the vice president directly owned 22,138 shares of the company's stock, valued at approximately $10,636,202.10. This represents a 29.93% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Sean Durbin sold 6,520 shares of the company's stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $477.27, for a total value of $3,111,800.40. Following the transaction, the executive vice president directly owned 8,151 shares in the company, valued at approximately $3,890,227.77. This trade represents a 44.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 20,332 shares of company stock worth $9,749,257. 0.70% of the stock is owned by company insiders.

Institutional Trading of Linde

Several institutional investors and hedge funds have recently modified their holdings of the stock. Darwin Wealth Management LLC purchased a new stake in Linde in the 2nd quarter valued at $25,000. Marquette Asset Management LLC purchased a new stake in Linde in the 3rd quarter valued at $27,000. Triumph Capital Management raised its position in Linde by 69.2% in the 4th quarter. Triumph Capital Management now owns 66 shares of the basic materials company's stock valued at $28,000 after buying an additional 27 shares during the last quarter. KERR FINANCIAL PLANNING Corp purchased a new stake in Linde in the 3rd quarter valued at $29,000. Finally, Saranac Partners Ltd purchased a new stake in Linde in the 3rd quarter valued at $29,000. 82.80% of the stock is owned by hedge funds and other institutional investors.

About Linde

Linde NASDAQ: LIN is a multinational industrial gases and engineering company that supplies gases, related technologies and services to a wide range of industries. The company traces its current form to the 2018 combination of Germany's Linde AG and U.S.-based Praxair, creating one of the largest global providers of industrial, specialty and medical gases. Linde's business model centers on production, processing and distribution of gases as well as the design and construction of the plants and equipment needed to produce them.

Core products and services include atmospheric and process gases such as oxygen, nitrogen and argon; hydrogen and helium; carbon dioxide; and a portfolio of higher‑value specialty and electronic gases.

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