Linde (LIN) Stock Forecast, Price Target & Predictions
LIN Stock Forecast
Linde stock forecast is as follows: an average price target of $424.58 (represents a -9.43% downside from LIN’s last price of $468.81) and a rating consensus of 'Buy', based on 13 wall street analysts offering a 1-year stock forecast.
LIN Price Target
The average price target for Linde (LIN) is $424.58 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $523.00 to $293.65. This represents a potential -9.43% downside from LIN's last price of $468.81.
LIN Analyst Ratings
According to 13 Wall Street analysts, Linde's rating consensus is 'Buy'. The analyst rating breakdown for LIN stock is 0 'Strong Buy' (0.00%), 12 'Buy' (92.31%), 1 'Hold' (7.69%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Linde Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 06, 2024 | John McNulty | BMO Capital | $477.00 | $449.94 | 6.02% | 1.75% |
| Aug 05, 2024 | Steve Byrne | Bank of America Securities | $516.00 | $454.00 | 13.66% | 10.07% |
| Aug 05, 2024 | Michael Leithead | Barclays | $510.00 | $454.00 | 12.33% | 8.79% |
| Aug 05, 2024 | Pat Cunningham | Citigroup | $480.00 | $443.50 | 8.23% | 2.39% |
| Aug 05, 2024 | David Begleiter | Deutsche Bank | $510.00 | $443.50 | 14.99% | 8.79% |
| Jun 20, 2024 | Laurence Alexander | Jefferies | $523.00 | $440.02 | 18.86% | 11.56% |
| May 06, 2024 | John McNulty | BMO Capital | $475.00 | $425.80 | 11.55% | 1.32% |
| May 03, 2024 | John Roberts | Mizuho Securities | $512.00 | $419.62 | 22.02% | 9.21% |
| Apr 18, 2024 | John Roberts | Mizuho Securities | $510.00 | $446.79 | 14.15% | 8.79% |
| Mar 27, 2024 | Joshua Spector | UBS | $510.00 | $467.55 | 9.08% | 8.79% |
The latest Linde stock forecast, released on Aug 06, 2024 by John McNulty from BMO Capital, set a price target of $477.00, which represents a 6.02% increase from the stock price at the time of the forecast ($449.94), and a 1.75% increase from LIN last price ($468.81).
Linde Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 6 | 10 |
| Avg Price Target | - | $502.67 | $502.30 |
| Last Closing Price | $468.81 | $468.81 | $468.81 |
| Upside/Downside | -100.00% | 7.22% | 7.14% |
In the current month, the average price target of Linde stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Linde's last price of $468.81. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 29, 2024 | Jefferies | Buy | Buy | Hold |
| Aug 06, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Aug 05, 2024 | Bank of America Securities | Buy | Buy | Hold |
| Aug 05, 2024 | Barclays | Overweight | Overweight | Hold |
| Aug 05, 2024 | Citigroup | Neutral | Neutral | Hold |
| Aug 05, 2024 | Deutsche Bank | Buy | Buy | Hold |
| Jul 12, 2024 | Citigroup | Neutral | Neutral | Hold |
| Jun 20, 2024 | Jefferies | Buy | Buy | Hold |
| May 06, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Feb 07, 2024 | Wells Fargo | Overweight | Overweight | Hold |
Linde's last stock rating was published by Jefferies on Aug 29, 2024. The company gave LIN a "Buy" rating, the same as its previous rate.
Linde Financial Forecast
Linde Revenue Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $12.73B | - | $12.52B | $8.19B | $7.90B | $8.80B | - | $8.21B | $8.30B | $7.67B | $7.58B | $7.24B | $7.27B | $6.86B |
| Avg Forecast | $9.51B | $9.42B | $9.32B | $9.23B | $9.70B | $9.49B | $9.37B | $9.11B | $9.15B | $8.95B | $8.75B | $8.56B | $8.56B | $8.36B | $8.30B | $8.38B | $8.06B | $8.53B | $8.70B | $8.20B | $8.40B | $8.32B | $7.77B | $7.73B | $6.78B | $7.50B | $7.58B | $6.51B | $6.73B | $6.23B |
| High Forecast | $9.63B | $9.54B | $9.44B | $9.35B | $9.82B | $9.61B | $9.49B | $9.22B | $9.27B | $9.06B | $8.86B | $8.67B | $8.67B | $8.40B | $8.41B | $8.49B | $8.28B | $9.12B | $8.82B | $8.30B | $8.51B | $8.43B | $9.33B | $9.28B | $8.14B | $9.00B | $9.10B | $7.81B | $8.07B | $7.47B |
| Low Forecast | $9.41B | $9.31B | $9.22B | $9.13B | $9.59B | $9.38B | $9.26B | $9.01B | $9.05B | $8.85B | $8.65B | $8.47B | $8.47B | $8.33B | $8.21B | $8.29B | $7.82B | $8.24B | $8.61B | $8.10B | $8.31B | $8.23B | $6.22B | $6.18B | $5.43B | $6.00B | $6.07B | $5.20B | $5.38B | $4.98B |
| # Analysts | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 2 | 4 | 9 | 6 | 4 | 3 | 7 | 8 | 13 | 16 | 10 | 7 | 12 | 16 | 20 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.58% | - | 1.44% | 1.00% | 0.94% | 1.06% | - | 1.06% | 1.22% | 1.02% | 1.00% | 1.11% | 1.08% | 1.10% |
Linde's average Quarter revenue forecast for Mar 24 based on 2 analysts is $8.38B, with a low forecast of $8.29B, and a high forecast of $8.49B. LIN's average Quarter revenue forecast represents a -34.16% decrease compared to the company's last Quarter revenue of $12.73B (Dec 23).
Linde EBITDA Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 2 | 4 | 9 | 6 | 4 | 3 | 7 | 8 | 13 | 16 | 10 | 7 | 12 | 16 | 20 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.02B | - | $3.02B | $2.93B | $2.70B | $2.71B | - | $2.66B | $2.62B | $2.47B | $2.36B | $2.43B | $2.39B | $2.17B |
| Avg Forecast | $2.95B | $2.92B | $2.89B | $2.86B | $3.01B | $2.94B | $2.91B | $2.82B | $2.84B | $2.77B | $2.71B | $2.66B | $2.65B | $2.59B | $2.57B | $3.05B | $2.50B | $2.65B | $2.70B | $2.77B | $2.61B | $2.65B | $1.67B | $2.52B | $2.44B | $2.41B | $2.23B | $2.19B | $2.21B | $1.97B |
| High Forecast | $2.99B | $2.96B | $2.93B | $2.90B | $3.05B | $2.98B | $2.94B | $2.86B | $2.87B | $2.81B | $2.75B | $2.69B | $2.69B | $2.60B | $2.61B | $3.66B | $2.57B | $2.83B | $2.73B | $3.33B | $2.64B | $3.18B | $2.01B | $3.02B | $2.92B | $2.89B | $2.68B | $2.62B | $2.65B | $2.37B |
| Low Forecast | $2.92B | $2.89B | $2.86B | $2.83B | $2.97B | $2.91B | $2.87B | $2.79B | $2.81B | $2.74B | $2.68B | $2.63B | $2.63B | $2.58B | $2.54B | $2.44B | $2.42B | $2.56B | $2.67B | $2.22B | $2.58B | $2.12B | $1.34B | $2.02B | $1.95B | $1.92B | $1.79B | $1.75B | $1.77B | $1.58B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.21% | - | 1.12% | 1.06% | 1.04% | 1.02% | - | 1.05% | 1.08% | 1.03% | 1.06% | 1.11% | 1.08% | 1.10% |
2 analysts predict LIN's average Quarter EBITDA for Mar 24 to be $3.05B, with a high of $3.66B and a low of $2.44B. This is 1.11% upper than Linde's previous annual EBITDA (Dec 23) of $3.02B.
Linde Net Income Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 2 | 4 | 9 | 6 | 4 | 3 | 7 | 8 | 13 | 16 | 10 | 7 | 12 | 16 | 20 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.54B | - | $1.57B | $1.52B | $1.33B | $1.27B | - | $1.17B | $1.02B | $979.00M | $841.00M | $980.00M | $770.00M | $700.00M |
| Avg Forecast | $2.57B | $2.52B | $2.44B | $2.34B | $2.36B | $2.31B | $2.24B | $2.15B | $2.13B | $2.10B | $2.05B | $1.98B | $1.95B | $1.89B | $1.83B | $1.34B | $1.68B | $1.73B | $1.69B | $1.22B | $1.40B | $1.05B | $354.41M | $1.11B | $987.57M | $953.24M | $795.01M | $880.27M | $712.43M | $636.04M |
| High Forecast | $2.61B | $2.56B | $2.48B | $2.38B | $2.40B | $2.35B | $2.28B | $2.18B | $2.17B | $2.13B | $2.08B | $2.01B | $1.98B | $1.91B | $1.86B | $1.61B | $1.70B | $1.76B | $1.72B | $1.47B | $1.42B | $1.26B | $425.29M | $1.33B | $1.19B | $1.14B | $954.01M | $1.06B | $854.92M | $763.25M |
| Low Forecast | $2.53B | $2.48B | $2.40B | $2.31B | $2.32B | $2.28B | $2.21B | $2.12B | $2.10B | $2.07B | $2.02B | $1.95B | $1.92B | $1.87B | $1.80B | $1.08B | $1.67B | $1.71B | $1.66B | $977.38M | $1.38B | $838.85M | $283.52M | $888.52M | $790.06M | $762.59M | $636.01M | $704.21M | $569.94M | $508.83M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | - | 0.93% | 1.24% | 0.95% | 1.21% | - | 1.06% | 1.03% | 1.03% | 1.06% | 1.11% | 1.08% | 1.10% |
Linde's average Quarter net income forecast for Mar 24 is $1.34B, with a range of $1.08B to $1.61B. LIN's average Quarter net income forecast represents a -12.90% decrease compared to the company's last Quarter net income of $1.54B (Dec 23).
Linde SG&A Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 2 | 4 | 9 | 6 | 4 | 3 | 7 | 8 | 13 | 16 | 10 | 7 | 12 | 16 | 20 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $832.00M | - | $833.00M | $822.00M | $764.00M | $770.00M | - | $802.00M | $787.00M | $793.00M | $822.00M | $787.00M | $802.00M | $770.00M |
| Avg Forecast | $1.01B | $1.00B | $991.39M | $981.50M | $1.03B | $1.01B | $996.18M | $968.41M | $972.94M | $951.33M | $930.52M | $910.54M | $910.43M | $888.41M | $882.45M | $918.06M | $856.71M | $907.50M | $925.49M | $834.60M | $893.61M | $849.34M | $734.53M | $758.73M | $757.52M | $772.13M | $777.05M | $706.91M | $742.04M | $699.64M |
| High Forecast | $1.02B | $1.01B | $1.00B | $994.13M | $1.04B | $1.02B | $1.01B | $980.87M | $985.46M | $963.57M | $942.49M | $922.25M | $922.14M | $892.66M | $893.80M | $1.10B | $880.09M | $970.13M | $937.40M | $1.00B | $905.11M | $1.02B | $881.44M | $910.47M | $909.03M | $926.56M | $932.46M | $848.29M | $890.44M | $839.57M |
| Low Forecast | $1.00B | $990.23M | $980.36M | $970.58M | $1.02B | $997.80M | $985.10M | $957.64M | $962.12M | $940.74M | $920.17M | $900.40M | $900.30M | $885.23M | $872.63M | $734.45M | $831.20M | $876.51M | $915.19M | $667.68M | $883.67M | $679.48M | $587.63M | $606.98M | $606.02M | $617.71M | $621.64M | $565.53M | $593.63M | $559.72M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.97% | - | 0.90% | 0.98% | 0.85% | 0.91% | - | 1.06% | 1.04% | 1.03% | 1.06% | 1.11% | 1.08% | 1.10% |
Linde's average Quarter SG&A projection for Mar 24 is $918.06M, based on 2 Wall Street analysts, with a range of $734.45M to $1.10B. The forecast indicates a 10.34% rise compared to LIN last annual SG&A of $832.00M (Dec 23).
Linde EPS Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 2 | 4 | 9 | 6 | 4 | 3 | 7 | 8 | 13 | 16 | 10 | 7 | 12 | 16 | 20 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.16 | - | - | $3.07 | $2.69 | $2.56 | - | $2.31 | $1.99 | $1.90 | $1.62 | $1.87 | $1.47 | $1.33 |
| Avg Forecast | $5.31 | $5.21 | $5.04 | $4.85 | $4.88 | $4.78 | $4.63 | $4.45 | $4.42 | $4.34 | $4.24 | $4.09 | $4.03 | $3.90 | $3.79 | $3.68 | $3.49 | $3.58 | $3.49 | $3.13 | $2.90 | $2.94 | $1.15 | $1.43 | $1.89 | $1.25 | $1.01 | $2.03 | $1.98 | $1.79 |
| High Forecast | $5.40 | $5.30 | $5.13 | $4.93 | $4.96 | $4.86 | $4.71 | $4.52 | $4.49 | $4.41 | $4.31 | $4.16 | $4.10 | $3.95 | $3.85 | $3.74 | $3.53 | $3.64 | $3.55 | $3.19 | $2.95 | $2.99 | $1.20 | $1.46 | $1.94 | $1.28 | $1.04 | $2.44 | $2.38 | $2.15 |
| Low Forecast | $5.24 | $5.14 | $4.97 | $4.78 | $4.81 | $4.71 | $4.57 | $4.38 | $4.35 | $4.28 | $4.18 | $4.03 | $3.97 | $3.87 | $3.73 | $3.62 | $3.47 | $3.54 | $3.44 | $3.09 | $2.86 | $2.90 | $1.12 | $1.39 | $1.84 | $1.21 | $0.98 | $1.62 | $1.58 | $1.43 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.91% | - | 0.00% | 0.98% | 0.93% | 0.87% | - | 1.62% | 1.05% | 1.53% | 1.60% | 0.92% | 0.74% | 0.74% |
According to 2 Wall Street analysts, Linde's projected average Quarter EPS for Mar 24 is $3.68, with a low estimate of $3.62 and a high estimate of $3.74. This represents a 16.32% increase compared to LIN previous annual EPS of $3.16 (Dec 23).
Linde Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| LTHM | Livent | $16.51 | $27.33 | 65.54% | Buy |
| PPG | PPG Industries | $126.98 | $162.41 | 27.90% | Buy |
| SQM | Sociedad Química y Minera de Chile | $38.23 | $45.75 | 19.67% | Buy |
| LYB | LyondellBasell Industries | $93.18 | $102.47 | 9.97% | Buy |
| EMN | Eastman Chemical Company | $103.10 | $110.41 | 7.09% | Buy |
| APD | Air Products and Chemicals | $284.13 | $300.08 | 5.61% | Hold |
| RPM | RPM | $121.34 | $121.78 | 0.36% | Hold |
| ECL | Ecolab | $250.54 | $240.72 | -3.92% | Buy |
| SHW | Sherwin-Williams Company | $375.40 | $340.79 | -9.22% | Buy |
| LIN | Linde | $468.81 | $424.58 | -9.43% | Buy |
LIN Forecast FAQ
Is Linde a good buy?
Yes, according to 13 Wall Street analysts, Linde (LIN) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 12 'Buy' recommendations, accounting for 92.31% of LIN's total ratings.
What is LIN's price target?
Linde (LIN) average price target is $424.58 with a range of $293.65 to $523, implying a -9.43% from its last price of $468.81. The data is based on 13 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Linde stock go up soon?
According to Wall Street analysts' prediction for LIN stock, the company can go down by -9.43% (from the last price of $468.81 to the average price target of $424.58), up by 11.56% based on the highest stock price target, and down by -37.36% based on the lowest stock price target.
Can Linde stock reach $700?
LIN's average twelve months analyst stock price target of $424.58 does not support the claim that Linde can reach $700 in the near future.
What are Linde's analysts' financial forecasts?
Linde's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $37.66B (high $38.15B, low $37.24B), average EBITDA is $11.68B (high $11.83B, low $11.55B), average net income is $9.05B (high $9.2B, low $8.92B), average SG&A $4B (high $4.06B, low $3.96B), and average EPS is $18.73 (high $19.05, low $18.46). LIN's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $37.48B (high $37.97B, low $37.07B), average EBITDA is $11.62B (high $11.77B, low $11.49B), average net income is $9.87B (high $10.03B, low $9.72B), average SG&A $3.99B (high $4.04B, low $3.94B), and average EPS is $20.42 (high $20.76, low $20.13).
Did the LIN's actual financial results beat the analysts' financial forecasts?
Based on Linde's last annual report (Dec 2022), the company's revenue was $33.36B, beating the average analysts forecast of $32.22B by 3.54%. Apple's EBITDA was $9.81B, beating the average prediction of $9.44B by 3.88%. The company's net income was $4.15B, beating the average estimation of $3.91B by 5.93%. Apple's SG&A was $3.11B, missing the average forecast of $3.24B by -3.99%. Lastly, the company's EPS was $8.3, missing the average prediction of $8.42 by -1.44%. In terms of the last quarterly report (Dec 2023), Linde's revenue was $12.73B, beating the average analysts' forecast of $8.06B by 58.04%. The company's EBITDA was $3.02B, beating the average prediction of $2.5B by 20.72%. Linde's net income was $1.54B, missing the average estimation of $1.68B by -8.39%. The company's SG&A was $832M, missing the average forecast of $856.71M by -2.88%. Lastly, the company's EPS was $3.16, missing the average prediction of $3.49 by -9.35%