NASDAQ: LECO

Lincoln Electric (LECO) Stock Analysis & Forecast

Sep 28 close

$271.18−0.52 (−0.2%)

Gekko Brief

AI summary

Lincoln Electric this week centered on demand and product momentum rather than results. Coverage points to a surge in industrial demand across consumables, standard welding equipment and automation, alongside preparations for a "physical AI" debut at FABTECH, even as the automotive sector stays weak. At the 25th Annual Diversified Industrials & Services Conference, the company outlined its growth plan, citing firmer demand in most industrial markets despite ongoing inflation. Separate commentary flagged expected EPS growth of 13% this year and an asset utilization ratio of 1.17, alongside a view that shares could be 13% undervalued.

LECO closed at $271.18, down 0.2%, sitting above both its 50-day average of $269.48 and 200-day average of $263.66, with the 50-day above the 200-day. The GekkoIndex reads 55.8, placing it in the Neutral zone, though the index has slipped 9.1 over the last five readings. Against this, Gekko Fair Value stands at $230.26, putting price 17.8% above that level.

The next earnings report is due 29 October 2026, 30 days out and before the open, following a Q1 beat of $2.50 versus $2.43 estimated, with 6 beats in the last 8 quarters. No insider, Congress or unusual options activity appears in the current windows. Seasonally, the next 20 trading days have averaged a 2.8% gain over 5 years, rising in 4 of those years. Consensus among 6 firms stands at 4 buy, 2 hold, with a target of $304.91.

Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.

Lincoln Electric price vs fair value

$271.18$230.26Sep ’25Mar ’26Sep ’26
Close $271.18200-day averageGekko Fair Value $230.26

Lincoln Electric quick facts

Market cap
$14.78B
P/E ratio
26.6
Forward P/E
21.2
EPS, TTM
$10.01
Revenue, TTM
$4.48B
Profit margin
12.3%
Dividend yield
1.18%
Beta
1.22
Volume
316,919 avg 425,687
1-year return
+14.8%
Typical daily move
±2.7%
Typical 20-day move
±5.4%
50-day average
$269.48
200-day average
$263.66
Next earnings
Oct 29 before open
Shares outstanding
54.51M
52-week range
$216.22$310.00

Lincoln Electric swing-trade checklist

Lincoln Electric scores 3 supportive, 1 mixed and 1 headwind across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

3 supportive1 mixed1 headwind

  • Trendsupportive

    Above 50 and 200-day

    Close $271.18 is above the 50-day ($269.48) and 200-day ($263.66) averages, and the 50-day is above the 200-day.

    See the chart
  • GekkoIndexmixed

    55.8, Neutral

    Reading 55.8 is in the Neutral zone.

    See the GekkoIndex
  • Fair valueheadwind

    17.8% above

    Price is 17.8% above Gekko Fair Value (more than 5% above).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings risksupportive

    Reports in 30 days

    Next report Oct 29, 2026, 30 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +2.8% on average

    From this point in the calendar, the next 20 trading days averaged +2.8% over 5 years, rising in 4 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Lincoln Electric stock chart and price history

Lincoln Electric closed at $271.18 on Sep 28, 2026, +14.8% over the past year, inside a 52-week range of $216.22 to $310.00.

Close50-day average200-day averageVolume
Lincoln Electric share price, past year, with 50-day and 200-day moving averages and volume$220$240$260$280$300NovDecJan 2026FebMarAprMayJunJulAugSep271.18

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−6.4%
3 months
+2.7%
6 months
+9.3%
1 year
+14.8%
The full LECO chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open LECO in Gekko

Follow Lincoln Electric through every session

Put LECO on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.

Track LECO in GekkoFree for 7 days. No credit card required.

Lincoln Electric GekkoIndex: the smart money zone

Lincoln Electric’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 55.8, in the Neutral zone, down 9.1 points over five sessions.

010055.8Neutral

Down 9.1 points over five sessions, from the Accumulation zone.

Reading for Sep 28, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying47+0.6%+1.3%+1.4%+3.9%
Accumulation189+0.2%+0.8%+1.1%+1.8%
Neutral (current zone)389+0.2%+0.2%+0.5%+1.6%
Distribution44−0.1%−0.2%+2.3%−2.0%
Selling3Too few readings yet

Average LECO share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.1% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the LECO price, zone by zone.Track LECO in Gekko

Is Lincoln Electric stock overvalued? Gekko Fair Value

Lincoln Electric trades 17.8% above Gekko Fair Value of $230.26, so the shares are overvalued on Gekko’s estimate.

Gekko’s own estimate of what Lincoln Electric shares are worth, recalculated every trading day.

$230.26

Gekko Fair Value, Sep 26, 2026

17.8% Overvalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open LECO in Gekko

Lincoln Electric insider and Congress trading

No open-market insider purchases were filed for Lincoln Electric, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for LECO in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every LECO insider filing, plotted on the chart in Gekko.Open LECO in Gekko

Congress trades last 90 days

No trades in LECO were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for LECO, plotted on the chart in Gekko.Open LECO in Gekko

Buybacks

Lincoln Electric has been buying back its own shares.

Bought back, quarter ended Jun 30, 2026
$56.67M
As a share of market cap
0.38%
Trailing four quarters
$217.8M

From company filings.

Lincoln Electric earnings: next date and track record

Lincoln Electric reports on Oct 29, 2026, before the open (30 days away), and beat the EPS estimate in 6 of its last 8 reports.

6 of 8reports beat the EPS estimate
±4.3%average move across the report
5 of 8reports followed by a gain

Share-price move across each report

−6.0%Jul ’24+2.3%Oct ’24+10.2%Feb ’25−3.5%Apr ’25+8.0%Jul ’250.0%Oct ’25+1.1%Feb ’26+3.4%Apr ’26

Last earnings call, Apr 30, 2026 AI summary

What they said
Lincoln Electric reported record quarterly sales and adjusted EPS in Q1 2026 while navigating geopolitical and trade complexity. Americas region showed improving momentum with expanding manufacturing PMI over 3 consecutive months. Adjusted operating income margin held steady year-over-year, though 10% price increases didn't fully offset inflation. ROIC remained strong at 21.5%. Automation portfolio generated $210M in sales, slightly below prior year's $215M due to international headwinds.
Guidance
Management announced new price actions across welding segments effective early May to achieve neutral price/cost for the year. Modest volume growth expected in Americas Welding segment starting Q2, with further improvement in H2 2026 if conditions are sustained. EMEA order rates improving, though consistency is being monitored.
ReportedEPSSurpriseRevenueSurpriseMove
Apr 30, 2026$2.50
est $2.43
+2.9%$1.12B
est $1.07B
+4.5%+3.4%
Feb 12, 2026$2.65
est $2.54
+4.3%$1.08B
est $1.10B
−2.0%+1.1%
Oct 30, 2025$2.21
est $2.44
−9.4%$1.06B
est $1.09B
−2.9%0.0%
Jul 31, 2025$2.60
est $2.31
+12.6%$1.09B
est $1.04B
+4.5%+8.0%
Apr 30, 2025$2.16
est $2.23
−3.1%$1.00B
est $979.9M
+2.5%−3.5%
Feb 13, 2025$2.57
est $1.99
+28.9%$1.02B
est $995.8M
+2.6%+10.2%
Oct 31, 2024$2.14
est $2.05
+4.4%$983.8M
est $1.00B
−2.0%+2.3%
Jul 31, 2024$2.34
est $2.29
+2.2%$1.02B
est $1.02B
+0.3%−6.0%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Lincoln Electric stock forecast and analyst price targets

Analysts’ average 12-month price target for Lincoln Electric is $304.91, +12.4% from the last close, from 6 firms rating the stock in the last 90 days.

$304.91consensus 12-month target, +12.4% from the last close
Low $275High $340
Buy4
Hold2
Sell0

Each firm’s latest rating in the last 90 days: 6 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 16UBSBuy, reiterated$340+25.4%
Aug 26Roth MKMBuy, reiterated$328+21.0%
Aug 10Morgan StanleyHold, upgraded$283+4.4%
Aug 10UBSBuy, initiated$340+25.4%
Aug 4BarclaysBuy, maintained$300+10.6%
+0.5%average 20-day move after past Neutral readings
+2.8%average move over the next 20 trading days in the last 5 years
±2.7%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Lincoln Electric seasonality: the next 20 trading days

Over the next 20 trading days from Sep 26, Lincoln Electric averaged +2.8% across the last 5 years, rising in 4 of them.

Next 20 trading days, by year

+9.0%2021+4.9%2022−5.6%20230.0%2024+2.2%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+0.5%3 of 5
Next 10 trading days−0.2%2 of 5
Next 15 trading days+2.6%3 of 5
Next 20 trading days+2.8%4 of 5
Next 30 trading days+6.9%4 of 5

For scale, LECO’s typical 20-trading-day move in either direction is about 5.4%.

Lincoln Electric market cap and key statistics

Lincoln Electric’s market cap is $14.78B, with a P/E ratio of 26.6 and revenue of $4.48B over the last twelve months.

Valuation

Market cap
$14.78B
P/E ratio
26.6
Forward P/E
21.2
EPS, TTM
$10.01
Gekko Fair Value
$230.26

Trading

Volume
316,919
Avg volume, 20 days
425,687
52-week high
$310.00
52-week low
$216.22
Shares outstanding
54.51M

Financials

Revenue, TTM
$4.48B
Profit margin
12.3%
Return on equity
37.7%
Quarterly earnings growth, YoY
+12.5%

Risk and income

Beta
1.22
Typical daily move
±2.7%
Typical 20-day move
±5.4%
Dividend yield
1.18%

Lincoln Electric stock news this week

Coverage of Lincoln Electric this week reads positive: 6 positive, 4 neutral and 0 negative headlines.

News sentiment positive

Lincoln Electric peers

Lincoln Electric’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
LRCXLam Research+0.2%Neutral7.7% above
AMATApplied Materials+1.0%Neutral11.5% below
PHParker-Hannifin−0.4%Neutral5.9% above
TTTrane Technologies0.0%Neutral13.7% above
JCIJohnson Controls International−0.5%Neutral11.4% above
CARRCarrier Global−0.3%Accumulation4.9% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Lincoln Electric stock FAQ

What is Lincoln Electric’s market cap?

Lincoln Electric’s market cap is $14.78B at the Sep 28, 2026 close of $271.18, with 54.51M shares outstanding. The shares trade on a P/E ratio of 26.6.

What is the Lincoln Electric stock forecast?

The consensus analyst 12-month price target for Lincoln Electric is $304.91, +12.4% from the last close. Of the 6 firms that rated the stock in the last 90 days, 4 rate it a buy, 2 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Lincoln Electric stock overvalued or undervalued?

On Gekko’s estimate Lincoln Electric is overvalued: the Sep 28, 2026 close of $271.18 is 17.8% above Gekko Fair Value of $230.26. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Lincoln Electric report earnings next?

Lincoln Electric is expected to report on Oct 29, 2026, before the market opens (30 days away). Analysts expect earnings of $2.82 per share on revenue of $1.17B. Lincoln Electric beat the earnings estimate in 6 of its last 8 reports, moving 4.3% on average across the report.

What is Lincoln Electric’s 52-week high and low?

Lincoln Electric’s 52-week high is $310.00 and its 52-week low is $216.22; it closed at $271.18 on Sep 28, 2026, +14.8% over the past year.

Is Lincoln Electric stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (trend, earnings risk and seasonality), 1 as mixed (gekkoindex) and 1 as a headwind (fair value). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

See Lincoln Electric the way Gekko members do

Every GekkoIndex reading, insider trade, options bet and Congress disclosure plotted on the chart, plus the 5,800-name screener and trade planning tools.

Join 1,380 other traders using Gekko

Start Your FREE 7 Day Trial → Every feature unlocked. No credit card required.