Linde Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for Linde stock have an average target of 475.1, with a low estimate of 420 and a high estimate of 540. The average target predicts an increase of 10.47% from the current stock price of 430.09.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$420	$475.1	$475	$540
Change	-2.35%	+10.47%	+10.44%	+25.56%

* Price targets were last updated on May 6, 2024.

Analyst Ratings

The average analyst rating for Linde stock from 13 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Feb '24	Mar '24	Apr '24	May '24	Jun '24	Jul '24
Strong Buy	7	5	5	4	4	3
Buy	6	5	5	5	5	5
Hold	4	6	6	5	5	5
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	17	16	16	14	14	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Martin Evans HSBC	HSBC	Strong Buy Maintains $458 → $452	Strong Buy	Maintains	$458 → $452	+5.09%	May 6, 2024
John McNulty BMO Capital	BMO Capital	Buy Maintains $510 → $475	Buy	Maintains	$510 → $475	+10.44%	May 6, 2024
John Roberts Mizuho	Mizuho	Strong Buy Maintains $510 → $512	Strong Buy	Maintains	$510 → $512	+19.04%	May 3, 2024
John Roberts Mizuho	Mizuho	Hold → Strong Buy Upgrades $510	Hold → Strong Buy	Upgrades	$510	+18.58%	Apr 18, 2024
Michael Sison Wells Fargo	Wells Fargo	Buy Maintains $480 → $540	Buy	Maintains	$480 → $540	+25.56%	Apr 11, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

33.97B

from 32.85B

3.40%

from 32.85B

Revenue Next Year

36.95B

from 33.97B

8.77%

from 33.97B

EPS This Year

14.89

from 12.59

18.28%

from 12.59

EPS Next Year

15.65

from 14.89

5.10%

from 14.89

Year	2019	2020	2021	2022	2023	2024	2024	2025	2025	2026	2026	2027	2027	2028	2028
Revenue	28.23B	27.24B	30.79B	33.36B	32.85B	33.97B	36.95B	36.03B	38.70B	38.09B	38.84B	40.42B	40.42B	43.00B	43.00B
Revenue Growth	90.27%	-3.49%	13.03%	8.35%	-1.53%	3.40%	8.77%	-2.50%	7.41%	-1.58%	1.97%	4.09%	-	6.37%	-
EPS	4.19	4.71	7.33	8.23	12.59	14.89	15.65	17.25	16.32	18.37	18.96	20.80	20.80	22.42	22.42
EPS Growth	-68.04%	12.41%	55.63%	12.28%	52.98%	18.28%	5.10%	10.19%	-5.36%	12.57%	3.22%	9.68%	-	7.77%	-
Forward PE	-	-	-	-	-	28.88	27.48	24.94	26.35	23.41	22.68	20.68	20.68	19.19	19.19
No. Analysts	-	-	-	-	-	25	33	32	16	3	22	5	5	4	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	40.5B	42.1B	41.0B	43.1B	45.4B
Avg	36.9B	38.7B	38.8B	40.4B	43.0B
Low	34.3B	35.7B	37.1B	38.0B	40.9B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	23.3%	13.8%	5.9%	10.9%	12.4%
Avg	12.5%	4.7%	0.4%	4.1%	6.4%
Low	4.3%	-3.5%	-4.1%	-2.3%	1.2%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	16.43	17.98	20.73	22.18	24.43
Avg	15.65	16.32	18.96	20.80	22.42
Low	14.98	15.33	17.40	19.52	20.36

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	30.5%	14.9%	27.0%	16.9%	17.5%
Avg	24.3%	4.3%	16.2%	9.7%	7.8%
Low	19.0%	-2.1%	6.6%	2.9%	-2.1%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.