Lincoln Electric (LECO) Stock Forecast, Price Target & Predictions


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LECO Stock Forecast


Lincoln Electric stock forecast is as follows: an average price target of $212.80 (represents a 19.02% upside from LECO’s last price of $178.79) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.

LECO Price Target


The average price target for Lincoln Electric (LECO) is $212.80 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $265.00 to $136.00. This represents a potential 19.02% upside from LECO's last price of $178.79.

LECO Analyst Ratings


Buy

According to 4 Wall Street analysts, Lincoln Electric's rating consensus is 'Buy'. The analyst rating breakdown for LECO stock is 0 'Strong Buy' (0.00%), 3 'Buy' (75.00%), 0 'Hold' (0.00%), 1 'Sell' (25.00%), and 0 'Strong Sell' (0.00%).

Lincoln Electric Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 04, 2024Steve BargerKeyBanc$210.00$175.8919.39%17.46%
Sep 04, 2024Mircea DobreRobert W. Baird$212.00$175.2121.00%18.57%
May 24, 2024Chris DankertLoop Capital Markets$265.00$205.5728.91%48.22%
May 23, 2024Mircea DobreRobert W. Baird$236.00$207.0613.98%32.00%
Apr 25, 2024Mircea DobreRobert W. Baird$252.00$227.9310.56%40.95%
Apr 17, 2024Nathan JonesStifel Nicolaus$241.00$239.510.62%34.80%
Jun 28, 2023Steve BargerLoop Capital Markets$232.00$194.3119.40%29.76%
Oct 27, 2022Mircea DobreRobert W. Baird$152.00$139.918.64%-14.98%
Aug 01, 2022-Morgan Stanley$136.00$141.14-3.64%-23.93%
Jul 28, 2022Mircea DobreRobert W. Baird$150.00$136.589.83%-16.10%
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The latest Lincoln Electric stock forecast, released on Sep 04, 2024 by Steve Barger from KeyBanc, set a price target of $210.00, which represents a 19.39% increase from the stock price at the time of the forecast ($175.89), and a 17.46% increase from LECO last price ($178.79).

Lincoln Electric Price Target by Period


1M3M12M
# Anlaysts226
Avg Price Target$211.00$211.00$236.00
Last Closing Price$178.79$178.79$178.79
Upside/Downside18.02%18.02%32.00%

In the current month, the average price target of Lincoln Electric stock is $211.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 18.02% increase as opposed to Lincoln Electric's last price of $178.79. This month's average price target is down 0.00% compared to last quarter, and down -10.59% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 04, 2024BarclaysOverweightOverweightHold
Sep 04, 2024KeyBancOverweightOverweightHold
Aug 01, 2024BarclaysOverweightOverweightHold
May 28, 2024Bank of America SecuritiesUnderperformUnderperformHold
May 24, 2024Loop Capital MarketsBuyBuyHold
Apr 15, 2024Morgan StanleyUnderweightUnderweightHold
Jun 27, 2023KeyBanc-OverweightUpgrade
Jul 18, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Apr 29, 2022Morgan StanleyEqual-WeightEqual-WeightHold
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Lincoln Electric's last stock rating was published by Barclays on Sep 04, 2024. The company gave LECO a "Overweight" rating, the same as its previous rate.

Lincoln Electric Financial Forecast


Lincoln Electric Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$1.06B$1.03B$1.06B$1.04B$930.93M$935.24M-$925.45M$844.25M$806.45M$826.45M$757.02M$693.79M$668.89M$590.73M$701.99M$736.31M$730.78M
Avg Forecast$1.14B$1.11B$1.14B$1.10B$1.09B$1.06B$1.08B$1.03B$1.03B$995.49M$1.02B$1.04B$1.03B$1.04B$1.10B$1.03B$922.94M$910.89M$938.47M$870.46M$821.08M$806.20M$790.13M$729.03M$686.40M$614.09M$556.21M$709.89M$735.56M$750.19M
High Forecast$1.16B$1.13B$1.16B$1.12B$1.11B$1.08B$1.10B$1.04B$1.05B$1.01B$1.04B$1.06B$1.08B$1.07B$1.12B$1.05B$939.60M$927.33M$938.47M$886.18M$835.91M$820.76M$804.41M$742.20M$698.80M$625.18M$566.26M$722.71M$748.84M$763.74M
Low Forecast$1.12B$1.08B$1.11B$1.07B$1.07B$1.03B$1.05B$1.00B$1.01B$947.98M$993.92M$1.02B$991.48M$1.02B$1.07B$1.00B$900.79M$889.02M$938.47M$843.29M$795.45M$781.04M$765.47M$706.27M$664.97M$594.92M$538.85M$687.73M$712.60M$726.77M
# Analysts33454522373481099884455561010101055
Surprise %------------1.02%0.99%0.97%1.01%1.01%1.03%-1.06%1.03%1.00%1.05%1.04%1.01%1.09%1.06%0.99%1.00%0.97%

Lincoln Electric's average Quarter revenue forecast for Mar 24 based on 4 analysts is $1.04B, with a low forecast of $1.02B, and a high forecast of $1.06B. LECO's average Quarter revenue forecast represents a -1.70% decrease compared to the company's last Quarter revenue of $1.06B (Dec 23).

Lincoln Electric EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts33454522373481099884455561010101055
EBITDA------------$204.07M$171.44M$178.01M$190.75M$165.82M$173.31M-$187.62M$97.65M$66.18M$142.74M$121.67M$106.15M$98.32M$59.59M$102.42M$107.17M$119.35M
Avg Forecast$189.59M$184.37M$188.88M$182.46M$181.38M$175.57M$178.65M$170.18M$171.27M$165.13M$168.93M$191.90M$171.61M$172.62M$182.27M$174.45M$153.10M$70.88M$155.67M$137.91M$93.87M$64.44M$122.21M$104.44M$88.12M$59.74M$46.95M$102.42M$105.28M$133.79M
High Forecast$193.01M$187.70M$192.28M$185.76M$184.65M$178.74M$181.87M$173.25M$174.36M$167.94M$171.97M$230.28M$179.94M$178.22M$185.56M$209.34M$155.86M$85.06M$155.67M$165.49M$112.65M$77.32M$146.65M$125.32M$105.75M$71.68M$56.34M$122.90M$126.33M$160.54M
Low Forecast$185.04M$179.94M$184.34M$178.08M$177.02M$171.35M$174.36M$166.09M$167.16M$157.25M$164.87M$153.52M$164.46M$168.57M$177.90M$139.56M$149.42M$56.70M$155.67M$110.33M$75.10M$51.55M$97.77M$83.55M$70.50M$47.79M$37.56M$81.93M$84.22M$107.03M
Surprise %------------1.19%0.99%0.98%1.09%1.08%2.45%-1.36%1.04%1.03%1.17%1.17%1.20%1.65%1.27%1.00%1.02%0.89%

4 analysts predict LECO's average Quarter EBITDA for Mar 24 to be $191.90M, with a high of $230.28M and a low of $153.52M. This is -5.96% lower than Lincoln Electric's previous annual EBITDA (Dec 23) of $204.07M.

Lincoln Electric Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts33454522373481099884455561010101055
Net Income------------$156.64M$129.34M$137.33M$121.93M$109.15M$109.22M-$126.03M$74.41M$31.76M$96.11M$74.18M$65.08M$58.48M$27.00M$55.56M$63.72M$72.46M
Avg Forecast$153.97M$152.60M$157.19M$146.57M$141.46M$139.16M$143.45M$133.21M$124.60M$122.88M$131.55M$130.22M$124.88M$129.09M$132.83M$118.38M$109.13M$34.01M$113.77M$93.58M$71.55M$30.92M$82.28M$63.67M$54.03M$35.53M$21.27M$55.56M$62.59M$81.23M
High Forecast$157.59M$156.18M$160.88M$150.01M$144.78M$142.43M$146.81M$136.34M$127.52M$128.51M$134.63M$156.26M$128.30M$134.26M$135.95M$142.05M$111.69M$40.82M$113.77M$112.29M$85.86M$37.11M$98.74M$76.40M$64.83M$42.64M$25.52M$66.67M$75.11M$97.47M
Low Forecast$149.17M$147.84M$152.29M$141.99M$137.04M$134.82M$138.97M$129.05M$120.71M$110.48M$127.44M$104.17M$120.89M$122.21M$128.69M$94.70M$105.72M$27.21M$113.77M$74.86M$57.24M$24.74M$65.83M$50.93M$43.22M$28.43M$17.02M$44.45M$50.07M$64.98M
Surprise %------------1.25%1.00%1.03%1.03%1.00%3.21%-1.35%1.04%1.03%1.17%1.17%1.20%1.65%1.27%1.00%1.02%0.89%

Lincoln Electric's average Quarter net income forecast for Mar 24 is $130.22M, with a range of $104.17M to $156.26M. LECO's average Quarter net income forecast represents a -16.87% decrease compared to the company's last Quarter net income of $156.64M (Dec 23).

Lincoln Electric SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts33454522373481099884455561010101055
SG&A------------$188.93M$187.12M$192.75M$190.12M$164.11M$159.04M-$166.69M$150.76M$149.12M$151.56M$145.68M$136.36M$131.34M$126.38M$149.73M$149.38M$148.31M
Avg Forecast$214.74M$208.83M$213.93M$206.67M$205.44M$198.86M$202.35M$192.76M$194.00M$187.04M$191.34M$172.22M$194.38M$195.52M$206.46M$156.57M$173.41M$159.71M$176.33M$123.77M$144.92M$145.19M$129.76M$125.04M$113.21M$79.80M$99.57M$149.73M$146.74M$166.25M
High Forecast$218.62M$212.60M$217.80M$210.40M$209.15M$202.45M$206.01M$196.24M$197.50M$190.22M$194.79M$206.67M$203.82M$201.87M$210.18M$187.88M$176.54M$191.66M$176.33M$148.52M$173.91M$174.23M$155.71M$150.05M$135.85M$95.76M$119.48M$179.67M$176.08M$199.50M
Low Forecast$209.59M$203.82M$208.80M$201.71M$200.51M$194.09M$197.50M$188.13M$189.34M$178.11M$186.74M$137.78M$186.29M$190.93M$201.50M$125.25M$169.25M$127.77M$176.33M$99.01M$115.94M$116.16M$103.81M$100.03M$90.56M$63.84M$79.66M$119.78M$117.39M$133.00M
Surprise %------------0.97%0.96%0.93%1.21%0.95%1.00%-1.35%1.04%1.03%1.17%1.17%1.20%1.65%1.27%1.00%1.02%0.89%

Lincoln Electric's average Quarter SG&A projection for Mar 24 is $172.22M, based on 4 Wall Street analysts, with a range of $137.78M to $206.67M. The forecast indicates a -8.84% fall compared to LECO last annual SG&A of $188.93M (Dec 23).

Lincoln Electric EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts33454522373481099884455561010101055
EPS------------$2.70$2.26$2.39$2.12$1.89$1.89-$2.15$1.26$0.54$1.62$1.24$1.09$0.98$0.45$0.92$1.04$1.18
Avg Forecast$2.68$2.66$2.74$2.55$2.47$2.43$2.50$2.32$2.17$2.14$2.29$2.17$2.18$2.25$2.32$2.05$1.90$1.95$1.97$1.67$1.57$1.53$1.48$1.18$1.06$0.79$0.35$1.00$1.13$1.24
High Forecast$2.75$2.72$2.80$2.61$2.52$2.48$2.56$2.38$2.22$2.24$2.35$2.22$2.24$2.34$2.37$2.10$1.95$2.00$1.97$1.71$1.61$1.57$1.51$1.20$1.09$0.81$0.36$1.03$1.15$1.27
Low Forecast$2.60$2.58$2.65$2.48$2.39$2.35$2.42$2.25$2.10$1.93$2.22$2.10$2.11$2.13$2.24$1.98$1.84$1.89$1.97$1.60$1.51$1.47$1.42$1.13$1.02$0.76$0.33$0.96$1.08$1.19
Surprise %------------1.24%1.00%1.03%1.03%0.99%0.97%-1.29%0.80%0.35%1.10%1.05%1.02%1.24%1.30%0.92%0.92%0.95%

According to 4 Wall Street analysts, Lincoln Electric's projected average Quarter EPS for Mar 24 is $2.17, with a low estimate of $2.10 and a high estimate of $2.22. This represents a -19.68% decrease compared to LECO previous annual EPS of $2.70 (Dec 23).

Lincoln Electric Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
SWKStanley Black & Decker$101.35$155.8053.72%Hold
HLMNHillman Solutions$10.11$13.5033.53%Hold
TTCToro Company$83.65$111.0032.70%Buy
LECOLincoln Electric$178.79$212.8019.02%Buy
TKRTimken Company$79.77$90.0012.82%Buy
SNASnap-on$280.44$301.007.33%Buy
KMTKennametal$25.14$26.575.69%Hold

LECO Forecast FAQ


Yes, according to 4 Wall Street analysts, Lincoln Electric (LECO) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 75.00% of LECO's total ratings.

Lincoln Electric (LECO) average price target is $212.8 with a range of $136 to $265, implying a 19.02% from its last price of $178.79. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for LECO stock, the company can go up by 19.02% (from the last price of $178.79 to the average price target of $212.8), up by 48.22% based on the highest stock price target, and down by -23.93% based on the lowest stock price target.

LECO's average twelve months analyst stock price target of $212.8 does not support the claim that Lincoln Electric can reach $300 in the near future.

2 Wall Street analysts forecast a $211 price target for Lincoln Electric (LECO) this month, up 18.02% from its last price of $178.79. Compared to the last 3 and 12 months, the average price target increased by 18.02% and increased by 32.00%, respectively.

Lincoln Electric's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $4.25B (high $4.33B, low $4.15B), average EBITDA is $705.78M (high $718.51M, low $688.83M), average net income is $557.27M (high $570.35M, low $539.88M), average SG&A $799.42M (high $813.85M, low $780.22M), and average EPS is $9.71 (high $9.94, low $9.41). LECO's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $4.49B (high $4.57B, low $4.39B), average EBITDA is $745.3M (high $758.75M, low $727.4M), average net income is $610.33M (high $624.65M, low $591.28M), average SG&A $844.18M (high $859.42M, low $823.91M), and average EPS is $10.64 (high $10.89, low $10.31).

Based on Lincoln Electric's last annual report (Dec 2023), the company's revenue was $4.19B, which missed the average analysts forecast of $4.2B by -0.28%. Apple's EBITDA was $805.46M, beating the average prediction of $700.96M by 14.91%. The company's net income was $545.25M, beating the average estimation of $505.19M by 7.93%. Apple's SG&A was $758.91M, beating the average forecast of $752.93M by 0.79%. Lastly, the company's EPS was $9.37, beating the average prediction of $8.79 by 6.58%. In terms of the last quarterly report (Dec 2023), Lincoln Electric's revenue was $1.06B, beating the average analysts' forecast of $1.03B by 2.32%. The company's EBITDA was $204.07M, beating the average prediction of $171.61M by 18.91%. Lincoln Electric's net income was $156.64M, beating the average estimation of $124.88M by 25.43%. The company's SG&A was $188.93M, missing the average forecast of $194.38M by -2.80%. Lastly, the company's EPS was $2.7, beating the average prediction of $2.18 by 24.03%