Linde Stock Forecast

Stock Price Forecast

The 11 analysts with 12-month price forecasts for Linde stock have an average target of 494, with a low estimate of 429 and a high estimate of 540. The average target predicts an increase of 12.06% from the current stock price of 440.83.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$429	$494	$507	$540
Change	-2.68%	+12.06%	+15.01%	+22.50%

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	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25
Strong Buy	3	3	3	2	2	3
Buy	4	4	4	5	5	5
Hold	5	5	5	6	6	5
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	12	12	12	13	13	13

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	+16.83%	Jan 13, 2025
Patrick Cunningham Citigroup	Citigroup	Hold Maintains $490 → $480	Hold	Maintains	$490 → $480	+8.89%	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	+20.23%	Nov 1, 2024
John McNulty BMO Capital	BMO Capital	Buy Maintains $477 → $507	Buy	Maintains	$477 → $507	+15.01%	Nov 1, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

33.51B

from 32.85B

2.01%

from 32.85B

Revenue Next Year

35.21B

from 33.51B

5.06%

from 33.51B

EPS This Year

15.62

from 12.59

24.05%

from 12.59

EPS Next Year

17.10

from 15.62

9.52%

from 15.62

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	28.23B	27.24B	30.79B	33.36B	32.85B	33.51B	35.21B	37.15B
Revenue Growth	90.27%	-3.49%	13.03%	8.35%	-1.53%	2.01%	5.06%	5.51%
EPS	4.19	4.71	7.33	8.23	12.59	15.62	17.10	18.84
EPS Growth	-68.07%	12.43%	55.70%	12.28%	52.98%	24.05%	9.52%	10.16%
Forward PE	-	-	-	-	-	28.23	25.77	23.40
No. Analysts	-	-	-	-	-	33	33	25

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

Revenue Forecast

Revenue	2024	2025	2026
High	35.9B	39.2B	40.1B
Avg	33.5B	35.2B	37.1B
Low	32.3B	33.4B	35.2B

Revenue Growth

Revenue Growth	2024	2025	2026
High	9.3%	17.0%	13.9%
Avg	2.0%	5.1%	5.5%
Low	-1.6%	-0.5%	0.1%

EPS Forecast

EPS	2024	2025	2026
High	16.33	18.20	20.39
Avg	15.62	17.10	18.84
Low	15.03	16.07	17.40

EPS Growth

EPS Growth	2024	2025	2026
High	29.7%	16.5%	19.2%
Avg	24.0%	9.5%	10.2%
Low	19.4%	2.9%	1.7%

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.