NASDAQ: LIN

Linde (LIN) Stock Analysis & Forecast

Linde plc. Process industries sector, chemicals: specialty industry. Market cap $213.0B.

$460.40+1.92 (+0.4%)

Close on Sep 18, 2026. Page updated Sep 19, 9:16 pm ET.

Gekko Brief

AI summary

Linde trades at $460.40, up 0.4%, with the close sitting between its 50-day average of $489.70 and 200-day average of $482.88. The GekkoIndex reads 72.2, placing the stock in the Buying zone, and price sits 9.1% below Gekko Fair Value of $506.73. Over the past month the stock is down 4.3%, and it is off 10.1% over three months and 4.1% over the past year.

This week's coverage centered on analyst activity. Bernstein SocGen lowered its price target to $563 from $564 while maintaining an Outperform rating, following a project analysis suggesting low-single-digit annual EPS growth through 2030 and a 2030 EPS estimate 8% above consensus. KeyBanc initiated coverage with an overweight rating and a $542.00 price target, citing quality, dividend track record, and tailwinds from industrial demand and electronics and semiconductor investment.

Linde's next earnings date falls on 30 October 2026, 40 days out and beyond a typical 20-day holding window; the prior report on 31 July showed EPS of $4.50 against a $4.49 estimate, followed by a 5.5% reaction, with an average absolute move of 2.8% across the last eight quarters, all beats. Congress recorded 1 buy and 0 sells in the last 90 days. Seasonality over the next 20 trading days has averaged -0.8% across 5 years, rising in 2 of them. Analyst consensus stands at 12 buy, 2 hold, 0 sell ratings across 14 firms, with a consensus target of $544.40.

Written by AI and checked automatically against the figures on this page. Generated Sep 20, 2026 from the data above.

Price vs fair value

Close $460.40200-day averageGekko Fair Value $506.73

Key stats

Market cap
$213.0B
P/E ratio
29.9
Forward P/E
23.4
EPS, TTM
$15.36
Revenue, TTM
$35.45B
Profit margin
20.4%
Dividend yield
1.34%
Beta
0.73
Volume
4.39M avg 1.88M
1-year return
−4.1%
Typical daily move
±1.6%
Typical 20-day move
±3.3%
50-day average
$489.70
200-day average
$482.88
Next earnings
Oct 30 before open
Shares outstanding
461.0M
52-week range
$387.78$548.20

Linde swing-trade checklist

Linde scores 4 supportive, 1 mixed and 1 headwind across the 6 checklist items with data.

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

4 supportive1 mixed1 headwind

  • Trendmixed

    Averages disagree

    Close $460.40 sits between the 50-day ($489.70) and 200-day ($482.88) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    72.2, Buying

    Reading 72.2 is in the Buying zone.

    See the GekkoIndex
  • Fair valuesupportive

    9.1% below

    Price is 9.1% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneysupportive

    Leans bullish

    Last 90 days: Congress 1 buy / 0 sales.

    See smart money
  • Earnings risksupportive

    Reports in 40 days

    Next report Oct 30, 2026, 40 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalityheadwind

    −0.8% on average

    From this point in the calendar, the next 20 trading days averaged −0.8% over 5 years, rising in 2 of them.

    See seasonality

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

Linde stock chart and price history

Linde closed at $460.40 on Sep 18, 2026, −4.1% over the past year, inside a 52-week range of $387.78 to $548.20.

Close50-day average200-day averageVolume

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

Performance Breakdown

1 month
−4.3%
3 months
−10.1%
6 months
−6.0%
1 year
−4.1%
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About Linde

Linde produces and delivers industrial gases to businesses across the Americas, Europe, the Middle East, Africa, and Asia Pacific. It offers gases drawn from the atmosphere, including oxygen, nitrogen, argon, and rare gases, as well as manufactured gases like carbon dioxide, helium, hydrogen, acetylene, and gases used in electronics. The company pairs this gas supply role with the ability to plan and erect complete processing facilities for clients.

Its engineering work includes building plants for olefins, natural gas, hydrogen, synthesis gas, and air separation, meeting needs both for outside firms and for its own gas production sites. Linde serves organizations in healthcare, energy, general manufacturing, food and drink carbonation, fiber-optic production, steelmaking, aerospace, chemicals, and water treatment.

Linde dates back to 1879 and runs its headquarters out of Woking in the United Kingdom. The company's stock trades on the NASDAQ under the ticker LIN.

Listed
NASDAQ
Sector
Process industries
Industry
Chemicals: specialty
Website
linde.com

Linde GekkoIndex: the smart money zone

Linde’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 72.2, in the Buying zone, up 2.3 points over five sessions.

010072.2Buying

Up 2.3 points over five sessions, from the Accumulation zone.

Reading for Sep 18, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying (current zone)29+1.6%+0.6%+1.7%+7.4%
Accumulation178−0.4%−0.4%−0.4%+2.6%
Neutral409+0.2%+0.4%+0.7%+0.6%
Distribution42+0.9%+1.7%+2.7%−1.0%
Selling4Too few readings yet

Average LIN share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Buying readings averaged +3.2% over 20 days. Past behaviour doesn’t guarantee future results.

Buying zone: Smart money likely accumulating heavily. About the five zones →

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

Is Linde stock overvalued? Gekko Fair Value

Linde trades 9.1% below Gekko Fair Value of $506.73, so the shares are undervalued on Gekko’s estimate.

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

$506.73

Gekko Fair Value, Sep 19, 2026

9.1% Undervalued

How Gekko Fair Value works →

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

Linde insider and Congress trading

No open-market insider purchases were filed for Linde, and members of Congress disclosed 1 purchase and 0 sales, 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 LIN in the last 90 days.

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

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

Congress trades last 90 days

1trade disclosed: 1 purchase and 0 sales.

MemberTypeAmountDisclosed
Thomas H. Kean
House, NJ, purchase
Purchase$1,001 - $15,000Sep 14
traded Aug 10

From congressional disclosures, which report amounts as ranges.

Buybacks

Linde has been buying back its own shares.

Bought back, quarter ended Jun 30, 2026
$871.0M
As a share of market cap
0.41%
Trailing four quarters
$4.06B

From company filings.

Hedge funds and billionaires quarter ended Jun 30

7of the funds Gekko tracks hold LIN.

2added2opened3trimmed1sold out
Which funds are on each side, name by name.Unlock in Gekko

Linde earnings: next date and track record

Linde reports on Oct 30, 2026, before the open (40 days away), and beat the EPS estimate in 8 of its last 8 reports.

8 of 8reports beat the EPS estimate
±2.8%average move across the report
3 of 8reports followed by a gain

Share-price move across each report

−3.4%Oct ’24+0.3%Feb ’25+0.4%May ’25+1.6%Aug ’25−4.1%Oct ’25−5.3%Feb ’26−1.5%May ’26−5.5%Jul ’26

Last earnings call, Jul 31, 2026 AI summary

What they said
Linde reported record Q2 2026 sales of $9.3 billion (up 9% YoY) and record EPS, both growing at near double-digit rates. Backlog reached a record $8.1 billion after adding $1 billion in new electronics wins. Electronics is the fastest-growing end market driven by AI hardware demand. Operating margins (ex-cost pass-through) declined ~30 bps YoY, primarily due to U.S. homecare business headwinds from cost inflation and policy changes.
Guidance
Management expects to start up 20+ projects representing ~$1.3 billion in investments in H2 2026. Sale-of-gas backlog expected to finish the year with an '8 handle.' Sequential margin improvement anticipated in Q3, with strategic review of U.S. homecare business underway.
ReportedEPSSurpriseRevenueSurpriseMove
Jul 31, 2026$4.50
est $4.49
+0.2%$9.29B
est $9.02B
+3.0%−5.5%
May 1, 2026$4.33
est $4.27
+1.4%$8.78B
est $8.60B
+2.1%−1.5%
Feb 5, 2026$4.20
est $4.18
+0.5%$8.76B
est $8.64B
+1.4%−5.3%
Oct 31, 2025$4.21
est $4.18
+0.7%$8.62B
est $8.62B
−0.1%−4.1%
Aug 1, 2025$4.09
est $4.03
+1.5%$8.50B
est $8.36B
+1.6%+1.6%
May 1, 2025$3.95
est $3.92
+0.8%$8.11B
est $8.24B
−1.6%+0.4%
Feb 6, 2025$3.97
est $3.94
+0.8%$8.28B
est $8.42B
−1.6%+0.3%
Oct 31, 2024$3.94
est $3.89
+1.3%$8.36B
est $8.39B
−0.4%−3.4%

“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.

Linde stock forecast and analyst price targets

Analysts’ average 12-month price target for Linde is $544.40, +18.2% from the last close, from 14 firms rating the stock in the last 90 days.

$544.40consensus 12-month target, +18.2% from the last close
Low $525High $612
Buy12
Hold2
Sell0

Each firm’s latest rating in the last 90 days: 14 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 11KeyBancBuy, initiated$542+17.7%
Sep 11BernsteinBuy, maintained$563+22.3%
Sep 10KeyBancBuy, initiated$542+17.7%
Sep 9BMO CapitalBuy, maintained$546+18.6%
Sep 4Deutsche Bank Buy, reiterated$575+24.9%
+1.7%average 20-day move after past Buying readings
−0.8%average move over the next 20 trading days in the last 5 years
±1.6%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.

Linde seasonality: the next 20 trading days

Over the next 20 trading days from Sep 19, Linde averaged −0.8% across the last 5 years, rising in 2 of them.

Next 20 trading days, by year

+1.9%2021−1.5%2022−2.2%2023+3.6%2024−5.9%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−1.7%2 of 5
Next 10 trading days−2.2%1 of 5
Next 15 trading days−2.9%1 of 5
Next 20 trading days−0.8%2 of 5
Next 30 trading days−0.4%3 of 5

For scale, LIN’s typical 20-trading-day move in either direction is about 3.3%.

Linde market cap and key statistics

Linde’s market cap is $213.0B, with a P/E ratio of 29.9 and revenue of $35.45B over the last twelve months.

Valuation

Market cap
$213.0B
P/E ratio
29.9
Forward P/E
23.4
EPS, TTM
$15.36
Gekko Fair Value
$506.73

Trading

Volume
4.39M
Avg volume, 20 days
1.88M
52-week high
$548.20
52-week low
$387.78
Shares outstanding
461.0M

Financials

Revenue, TTM
$35.45B
Profit margin
20.4%
Return on equity
18.4%
Quarterly earnings growth, YoY
+11.3%

Risk and income

Beta
0.73
Typical daily move
±1.6%
Typical 20-day move
±3.3%
Dividend yield
1.34%

Linde stock news this week

Coverage of Linde this week reads positive: 3 positive, 1 neutral and 0 negative headlines.

News sentiment positive

Linde peers

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

StockTodayGekkoIndex zonevs Fair Value
ECLEcolab−0.2%Accumulation2.4% above
APDAir Products and Chemicals+0.1%Buying10.5% below
DOWDow−2.2%Accumulation34.5% below
LYBLyondellBasell Industries−2.5%Accumulation9.8% below
ALBAlbemarle−3.6%Accumulation23.0% below
WLKWestlake−1.4%Accumulation24.8% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Linde stock FAQ

What is Linde’s market cap?

Linde’s market cap is $213.0B at the Sep 18, 2026 close of $460.40, with 461.0M shares outstanding. The shares trade on a P/E ratio of 29.9.

What is the Linde stock forecast?

The consensus analyst 12-month price target for Linde is $544.40, +18.2% from the last close. Of the 14 firms that rated the stock in the last 90 days, 12 rate it a buy, 2 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Linde stock overvalued or undervalued?

On Gekko’s estimate Linde is undervalued: the Sep 18, 2026 close of $460.40 is 9.1% below Gekko Fair Value of $506.73. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Linde report earnings next?

Linde is expected to report on Oct 30, 2026, before the market opens (40 days away). Analysts expect earnings of $4.52 per share on revenue of $9.16B. Linde beat the earnings estimate in 8 of its last 8 reports, moving 2.8% on average across the report.

What is Linde’s 52-week high and low?

Linde’s 52-week high is $548.20 and its 52-week low is $387.78; it closed at $460.40 on Sep 18, 2026, −4.1% over the past year.

Is Linde stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 4 of the 6 items with data read as supportive (gekkoindex, fair value, smart money and earnings risk), 1 as mixed (trend) and 1 as a headwind (seasonality). The checklist is a description of current data, not a recommendation.

How this page works

Prices and signals update after every 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 →

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