Benzinga · Oct 30, 2026
Citigroup Maintains Buy on Linde, Raises Price Target to $580
Citigroup analyst Patrick Cunningham maintains Linde (NASDAQ:LIN) with a Buy and raises the price target from $560 to $580.
NASDAQ · LIN
Linde plc
Basic Materials · Chemicals - Specialty
$514.24
Up+$11.09 (+2.20%)
Updated Nov 1, 2026, 4:57 PM
SID Score
7.3/10
Composite research score
Smart Money
53/100
Neutral
- Market cap
- 188.34B
- P/E ratio
- 26.66
- Dividend yield
- 1.17%
- 52-week range
- $429.17 – $548.20
- Volume
- 3.12M
- Avg. volume
- 2.4M
Price performance · LIN
LIN price history
1M range · 20 trading sessions · Daily adjusted prices
Prices through Oct 30, 2026
LIN closed at $514.24 after 20 trading sessions, up 6.60% for the selected period.
- Last close
- $514.24
- Period change
- +6.60%
- Period low
- $481.70
- Period high
- $514.24
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Oct 30, 2026 | $509.55 | $517.70 | $508.73 | $514.24 | 3.12M |
| Oct 29, 2026 | $509.39 | $513.26 | $498.35 | $503.15 | 2.85M |
| Oct 28, 2026 | $505.56 | $509.55 | $503.51 | $508.16 | 2.18M |
| Oct 27, 2026 | $504.56 | $509.00 | $504.56 | $508.65 | 1.72M |
| Oct 26, 2026 | $508.76 | $510.925 | $507.13 | $507.56 | 1.66M |
| Oct 23, 2026 | $509.70 | $512.49 | $505.29 | $508.83 | 1.67M |
| Oct 22, 2026 | $500.85 | $510.84 | $500.29 | $510.36 | 1.96M |
| Oct 21, 2026 | $497.25 | $502.175 | $496.68 | $500.57 | 1.43M |
| Oct 20, 2026 | $505.355 | $506.38 | $496.68 | $501.89 | 1.82M |
| Oct 19, 2026 | $497.97 | $504.85 | $497.755 | $503.44 | 1.72M |
| Oct 16, 2026 | $492.74 | $502.1411 | $492.74 | $498.43 | 2.04M |
| Oct 15, 2026 | $496.76 | $499.195 | $492.88 | $493.22 | 2.55M |
| Oct 14, 2026 | $493.58 | $494.23 | $489.11 | $492.70 | 2.49M |
| Oct 13, 2026 | $491.375 | $494.13 | $489.20 | $492.11 | 1.4M |
| Oct 12, 2026 | $483.09 | $490.99 | $482.51 | $487.35 | 1.46M |
| Oct 9, 2026 | $479.05 | $485.83 | $479.00 | $483.73 | 1.59M |
| Oct 8, 2026 | $484.43 | $486.67 | $480.22 | $481.70 | 2.12M |
| Oct 7, 2026 | $490.535 | $490.545 | $483.69 | $483.98 | 1.94M |
| Oct 6, 2026 | $482.865 | $492.10 | $482.69 | $489.95 | 3.16M |
| Oct 5, 2026 | $480.09 | $485.935 | $476.578 | $482.38 | 2.8M |
Latest LIN news
The latest Smart Investors Daily articles mentioning LIN.
Stock researchCompany · Overview
Company
Market Activity
Research & News
LIN research
Overview
Company profile and research snapshot.
Company profile
Linde is the largest industrial gas supplier in the world, with operations in over 100 countries. The firm's main products are atmospheric gases (including oxygen, nitrogen, and argon) and process gases (including hydrogen, carbon dioxide, and helium), as well as equipment used in industrial gas production. Linde serves a wide variety of end markets, including chemicals, manufacturing, healthcare, and steelmaking. Linde generated approximately $33 billion in revenue in 2024.
Visit company websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- Buy
- Average target
- $517.40
- Implied upside
- —
- Analysts
- 12
| Date | Firm | Rating | Target |
|---|---|---|---|
| Oct 30, 2026 | RBC Capital | Outperform | — |
| Oct 30, 2026 | Barclays | Overweight | — |
| Oct 30, 2026 | Keybanc | Overweight | — |
| Oct 30, 2026 | Citigroup | Buy | — |
| Oct 30, 2026 | UBS | Buy | — |
News briefing
No generated briefing is available yet.
Yahoo · Oct 30, 2026
LIN Q3 Earnings Call Highlights Restructuring and Growth Outlook
Linde beats Q3 earnings estimates as pricing gains, restructuring and a $7.9B project backlog support growth despite uneven industrial demand and margin pressures.
Benzinga · Oct 30, 2026
RBC Capital Maintains Outperform on Linde, Raises Price Target to $568
RBC Capital analyst Arun Viswanathan maintains Linde (NASDAQ:LIN) with a Outperform and raises the price target from $549 to $568.
Benzinga · Oct 30, 2026
If You Invested $100 In Linde Stock 20 Years Ago, You Would Have This Much Today
Linde (NASDAQ:LIN) has outperformed the market over the past 20 years by 2.32% on an annualized basis producing an average annual return of 11.19%. Currently, Linde has a market capitalization of $230.99 billion.
AI research layers
Interpretive context generated from the platform’s current data sources.
Linde plc Stock Performance
Linde plc shares traded at $514.24, reflecting a modest intraday decline of 0.24% per SID market data. Over the trailing twelve months, LIN has delivered a 17.63% return, outpacing its one-month gain of 9.54% and three-month gain of 7.03%, indicating accelerating momentum in the near term. The stock currently trades well above both its 50-day moving average of $483.53 and its 200-day moving average of $496.85, confirming a sustained bullish technical posture. However, the 14-day relative strength index stands at 77.3, placing the stock in overbought territory and suggesting potential near-term consolidation. According to Massive/Polygon data, average daily trading volume is approximately 2.40 million shares. Linde's beta of 0.858 indicates lower volatility relative to the broader market, consistent with its defensive characteristics as a leading industrial gas company within the Basic Materials sector. The company commands a market capitalization of approximately $188.3 billion.
Linde plc Valuation Analysis
Linde plc currently trades at a price-to-earnings ratio of 26.66, reflecting a premium valuation relative to many Basic Materials sector peers, according to SID market data. The PEG ratio stands at 4.33, suggesting that the stock's earnings growth rate does not fully justify its elevated P/E multiple on a growth-adjusted basis. The price-to-book ratio of 4.90 further underscores the premium investors assign to Linde's asset base, consistent with the company's high-quality franchise and consistent return profile. Per SEC filings, Linde offers a dividend yield of approximately 1.49%, providing a modest income component for shareholders. The company's $188.3 billion market capitalization positions it as one of the largest industrial gas companies globally. Linde's valuation metrics reflect the market's recognition of its pricing power, long-term contract structure, and resilient cash flow generation, characteristics that historically command premium multiples within capital-intensive industrial sectors.
Smart Money Activity for LIN
Linde plc's composite smart money score stands at 53 out of 100, generating a neutral signal per SID market data. The institutional component scores a perfect 25 out of 25, indicating exceptionally strong ownership and conviction among major fund managers, as reflected in 13F institutional filings. In contrast, the dark pool activity score registers at just 8.5 out of 25, suggesting limited large-block off-exchange buying interest at current price levels. The insider trading component scores 12.5 out of 25, with SEC Form 4 filings revealing two insider transactions over the past 90 days — both purchases and zero sales. This exclusively buy-side insider activity, while modest in volume, represents a constructive signal regarding management's confidence in the company's trajectory. The congressional trading score of 6.8 out of 25 indicates minimal reported activity among congressional members. The divergence between strong institutional positioning and subdued dark pool activity creates a mixed composite reading, warranting continued monitoring of institutional flow data for directional shifts.
Linde plc Earnings Outlook
Linde plc has demonstrated a consistent pattern of earnings outperformance across its three most recently reported quarters, according to company earnings reports. In the most recent quarter, Linde posted earnings per share of $4.59 against a consensus estimate of $4.52, delivering a $0.07 positive surprise. The preceding quarter showed EPS of $4.50 versus the $4.48 estimate, a $0.02 beat, while the quarter before that produced $4.33 against an expected $4.27, representing a $0.06 upside surprise. This sequential earnings progression from $4.27 to $4.59 reflects steady quarter-over-quarter growth. Looking ahead, analyst estimates project EPS of $4.52 for the upcoming reporting period on October 30, per consensus data. The consistent ability to exceed expectations across multiple periods highlights Linde's operational discipline and effective cost management. The trajectory suggests continued earnings stability driven by long-term take-or-pay contracts and pricing mechanisms embedded in the company's customer agreements.
Wall Street Analyst Ratings for LIN
Wall Street analyst sentiment toward Linde plc remains unanimously positive, with all recent coverage actions reflecting bullish outlooks per SID consensus data. On October 30, three firms issued concurrent ratings: RBC Capital reiterated its Outperform rating, Barclays maintained its Overweight designation, and KeyBanc reaffirmed its Overweight stance, all following the company's latest earnings release. Earlier in October, RBC Capital had also reiterated Outperform on October 15, while Barclays initiated coverage with an Overweight rating on October 13, according to Wall Street analyst reports. The absence of any Hold or Underweight ratings among recent coverage actions reflects broad consensus around Linde's competitive positioning and growth prospects. The clustering of multiple positive reiterations around the earnings date suggests that quarterly results reinforced existing investment theses. The consistency across major sell-side institutions — including two bulge-bracket firms and a regional leader — underscores institutional conviction in Linde's ability to sustain premium returns within the industrial gas industry.
