Linde Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for Linde stock have an average target of 500.5, with a low estimate of 452 and a high estimate of 540. The average target predicts an increase of 8.27% from the current stock price of 462.25.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$452	$500.5	$510	$540
Change	-2.22%	+8.27%	+10.33%	+16.82%

* Price targets were last updated on Jan 13, 2025.

Analyst Ratings

The average analyst rating for Linde stock from 12 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	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25
Strong Buy	3	3	2	2	3	3
Buy	4	4	5	5	5	5
Hold	5	5	6	6	5	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	12	12	13	13	13	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Marc Bianchi TD Cowen	TD Cowen	Hold → Strong Buy Upgrades $480 → $515	Hold → Strong Buy	Upgrades	$480 → $515	+11.41%	Jan 13, 2025
Patrick Cunningham Citigroup	Citigroup	Hold Maintains $490 → $480	Hold	Maintains	$490 → $480	+3.84%	Dec 18, 2024
Hans Engel Erste Group	Erste Group	Strong Buy → Hold Downgrades n/a	Strong Buy → Hold	Downgrades	n/a	n/a	Nov 19, 2024
John Roberts Mizuho	Mizuho	Buy Maintains $520 → $530	Buy	Maintains	$520 → $530	+14.66%	Nov 1, 2024
John McNulty BMO Capital	BMO Capital	Buy Maintains $477 → $507	Buy	Maintains	$477 → $507	+9.68%	Nov 1, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

34.08B

from 33.01B

3.25%

from 33.01B

Revenue Next Year

36.02B

from 34.08B

5.70%

from 34.08B

EPS This Year

16.66

from 13.62

22.29%

from 13.62

EPS Next Year

18.31

from 16.66

9.92%

from 16.66

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	27.24B	30.79B	33.36B	32.85B	33.01B	34.08B	36.02B	37.82B
Revenue Growth	-3.49%	13.03%	8.35%	-1.53%	0.46%	3.25%	5.70%	5.00%
EPS	4.71	7.33	8.23	12.59	13.62	16.66	18.31	20.21
EPS Growth	12.43%	55.70%	12.28%	52.98%	8.18%	22.29%	9.92%	10.38%
Forward PE	-	-	-	-	-	27.75	25.25	22.87
No. Analysts	-	-	-	-	-	32	30	17

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

Revenue Forecast

Revenue	2025	2026	2027
High	36.6B	39.3B	41.8B
Avg	34.1B	36.0B	39.9B
Low	32.1B	33.8B	38.4B

Revenue Growth

Revenue Growth	2025	2026	2027
High	11.0%	15.4%	16.2%
Avg	3.3%	5.7%	10.7%
Low	-2.7%	-0.9%	6.5%

EPS Forecast

EPS	2025	2026	2027
High	17.67	19.82	22.12
Avg	16.66	18.31	20.58
Low	16.00	17.00	19.26

EPS Growth

EPS Growth	2025	2026	2027
High	29.7%	19.0%	20.8%
Avg	22.3%	9.9%	12.4%
Low	17.5%	2.1%	5.2%

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.