LIN

Linde PLC

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Advanced Chart

478.290

-3.86(-0.801%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

483.320

Open

482.175

VWAP

480.10

Vol

2.06M

Mkt Cap

224.27B

Low

477.000

Amount

988.15M

EV/EBITDA(TTM)

19.26

Total Shares

468.91M

246.88B

EV/OCF(TTM)

24.91

P/S(TTM)

6.87

Linde plc is a United Kingdom-based industrial gases and engineering company. The Company serves a variety of end markets, such as chemicals and energy, food and beverage, electronics, healthcare, manufacturing, metals, and mining. The Company’s industrial gases and technologies are used in countless applications, including production of clean hydrogen and carbon capture systems critical to the energy transition, life-saving medical oxygen and high-purity and specialty gases for electronics. It also delivers gas processing solutions to support customer expansion, efficiency improvements and emissions reductions. Its primary products in its industrial gases business are atmospheric gases and process gases. The Company also designs and builds equipment that produces industrial gases and offers customers a range of gas production and processing services, such as olefin plants, natural gas plants, air separation plants, hydrogen and synthesis gas plants and other types of plants.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q3

FY2025Q4

FY2026Q1

8.61B

+3.04%

4.179

+6.06%

8.65B

+4.44%

4.239

+6.79%

8.57B

+5.67%

4.303

+8.95%

Estimates Revision

The market is revising Upward the revenue expectations for Linde plc (LIN) for FY2025, with the revenue forecasts being adjusted by 0.63% over the past three months. During the same period, the stock price has changed by 2.95%.

Revenue Estimates for FY2025

Revise Upward

+0.63%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+0.21%

In Past 3 Month

Stock Price

Go Up

+2.95%

In Past 3 Month

14 Analyst Rating

8.27% Upside

Wall Street analysts forecast LIN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LIN is 517.83 USD with a low forecast of 475.00 USD and a high forecast of 576.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

11 Buy

3 Hold

0 Sell

Strong Buy

8.27% Upside

Current: 478.290

Low

475.00

Averages

517.83

High

576.00

8.27% Upside

Current: 478.290

Low

475.00

Averages

517.83

High

576.00

Berenberg

Sebastian Bray

Buy

maintain

$505 -> $525

2025-08-19

Reason

Berenberg

Sebastian Bray

Price Target

$505 -> $525

2025-08-19

maintain

Buy

Reason

Berenberg analyst Sebastian Bray raised the firm's price target on Linde to $525 from $505 and keeps a Buy rating on the shares post the Q2 report. The firm says the company has shown resilience against headwinds to global industrial production with pricing.

Berenberg

Buy

maintain

$505 -> $515

2025-08-19

Reason

Berenberg

Price Target

$505 -> $515

2025-08-19

maintain

Buy

Reason

Berenberg raised the firm's price target on Linde to $515 from $505 and keeps a Buy rating on the shares post the Q2 report. The firm says the company has shown resilience against headwinds to global industrial production with pricing.

JPMorgan

Jeffrey Zekauskas

Overweight

maintain

$470 -> $475

2025-08-04

Reason

JPMorgan

Jeffrey Zekauskas

Price Target

$470 -> $475

2025-08-04

maintain

Overweight

Reason

JPMorgan analyst Jeffrey Zekauskas raised the firm's price target on Linde to $475 from $470 and keeps an Overweight rating on the shares following the Q2 report. The firm believes the company's pricing power can drive earnings earnings under better economic conditions. The analyst pushed to the price target to December 2026 from December 2025.

Citi

Neutral -> Buy

upgrade

$500 -> $535

2025-06-30

Reason

Citi

Price Target

$500 -> $535

2025-06-30

upgrade

Neutral -> Buy

Reason

Citi upgraded Linde to Buy from Neutral with a price target of $535, up from $500.

Citi

Neutral -> Buy

upgrade

$500 -> $535

2025-06-30

Reason

Citi

Price Target

$500 -> $535

2025-06-30

upgrade

Neutral -> Buy

Reason

As previously reported, Citi upgraded Linde (LIN) to Buy from Neutral with a price target of $535, up from $500. The company is seeing continued success with project execution and underlying price and productivity, says the analyst, who also points to high-quality project backlogs with near-term opportunities and recent success on longer-dated clean hydrogen/ammonia as reasons to "get constructive" on Linde's growth algorithm. The firm, which updated estimates ahead of Q2, is raising estimates for both Linde and Air Products (APD) on better forex and productivity.

RBC Capital

Arun Viswanathan

Outperform

initiated

$576

2025-06-13

Reason

RBC Capital

Arun Viswanathan

Price Target

$576

2025-06-13

initiated

Outperform

Reason

RBC Capital analyst Arun Viswanathan initiated coverage of Linde with an Outperform rating and $576 price target. The firm sees continued price growth from the company's "sticky" customer base, a "robust," earnings accretive project backlog, and earnings stability that should aid in the stock's multiple expansion. It believes Linde is on a path to maintain double-digit percent earnings growth with $7B of annual capital return and solid returns from growth capex.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Linde PLC (LIN.N) is 27.82, compared to its 5-year average forward P/E of 26.62. For a more detailed relative valuation and DCF analysis to assess Linde PLC 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

26.62

Current PE

27.82

Overvalued PE

28.48

Undervalued PE

24.76

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Overvalued

5Y Average EV/EBITDA

16.39

Current EV/EBITDA

18.27

Overvalued EV/EBITDA

17.62

Undervalued EV/EBITDA

15.15

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Overvalued

5Y Average PS

5.35

Current PS

6.46

Overvalued PS

6.13

Undervalued PS

4.57