Linde plcNasdaq: LIN
Materials · Industrial Gases
$508.66
+1.50%
Vol: 1.8M
Research Digest
Friday, May 1, 2026
Linde reports strong Q1 2026 earnings with 8% sales growth and 10% EPS increase; raises full-year guidance to $17.60-$17.90
Linde PLC delivered Q1 2026 EPS of $4.33 (vs. consensus $4.26-$4.31) and revenue of $8.78B (beating $8.60-$8.67B range) with 8% sales growth and 10% adjusted EPS growth. Americas sales grew 10%, APAC 11%, EMEA 7%. The stock rose 3.33% on May 1. Full-year adjusted EPS guidance raised to $17.60-$17.90 (7-9% growth). Analyst average price target is $530.28, though JPMorgan downgraded to Neutral in February citing valuation.
Previous Market Intelligence
13 daysApr 30Linde Q1 2026 earnings due May 1; dividend raised 7% to $1.60; clean energy/hydrogen focusPositive▶
Linde plc will report Q1 2026 results on May 1, 2026, with analyst consensus expecting EPS of $4.27 and revenue of $8.60B. The company announced 2025 earnings with sales of $34.0B (+3%), operating profit $10.1B (29.8% margin), EPS $16.46 (+6%), and after-tax ROCE of 24.2%. The board declared a quarterly dividend of $1.60 per share (7% increase), payable June 18, 2026. Linde is positioning aggressively in clean energy, hydrogen, and CCUS projects leveraging technology leadership and global reach. Steve Angel retired as Chairman effective January 31, 2026. Seaport Research raised PT to $575 from $525 (April 17). According to 8 analysts, average rating is "Strong Buy" with 12-month PT $543.13 (+7.79% upside). Linde included on World's Most Ethical Companies list for 6th consecutive year.
Apr 29Linde declares dividend at $1.60/share (7% increase); 33rd consecutive year of dividend growth; Q1 earnings May 1Positive▶
Linde Board declared Q2 2026 dividend of $1.60 per share (7% increase, 33rd straight year of growth) payable June 18. Company will release Q1 2026 earnings Friday May 1, 2026 with Q1 guidance 4.20-4.30 EPS and full-year 2026 guidance 17.40-17.90 EPS. 2025 results showed 3% sales growth to $34.0B, 29.8% operating margin, and 6% EPS growth to $16.46. Steve Angel retired as Chairman effective Jan 31, 2026. BofA raised price target to $525 (maintained Buy); average analyst rating Strong Buy with $543 12-month PT.
Apr 16UBS raised Linde price target to $579 from $550 on strong margin resilience and double-digit operating cash flow growth despite muted industrial demandPositive▶
Linde plc delivered robust profitability with adjusted operating margins expanding to ~30% and operating cash flow up double digits YoY, demonstrating margin resilience in a soft macro environment. UBS upgraded its price target from $550 to $579, reaffirming a Buy rating on April 10. The company is expanding with a new air separation plant in North Carolina and a strategic partnership in South Africa. Linde trades near $503-506 with consensus targets around $516 and a Strong Buy consensus from 7 analysts. Q1 2026 results scheduled for May 1.
Apr 15Linde PLC stock gained 0.63% weekly with strong analyst sentiment as company expands operations in North Carolina and South AfricaPositive▶
Linde stock rose 0.63% this week and 12.81% over 52 weeks. Company expanding with new air separation plant in North Carolina and strategic partnership in South Africa. Analysts rate LIN as Strong Buy with 12-month target of $521.63. Company benefits from helium supply shortage and demonstrates margin resilience.
Apr 14Linde receives Citigroup PT raise to $580; Strong Buy consensus maintainedPositive▶
Citigroup raised PT to $580 with Buy on April 13. Operating margins expanding to ~30%. Expanding with NC air separation plant. Q1 earnings May 1.
Apr 13William O Neil initiates Buy rating; dividend increased 7% to $1.60 (33rd consecutive year)Positive▶
Linde announced 7% dividend increase to $1.60 per share (33rd consecutive year of raises). William O Neil initiated Buy coverage April 8. Company guiding 2026 adjusted EPS of $17.4-$17.9 (6-9% growth). Q1 earnings report scheduled for May 1. Stock up 14.5% YTD.
Apr 10Linde shares rise on William O'Neil Buy rating; 7% dividend increase marks 33rd consecutive year.Positive▶
Linde plc earned fresh Buy rating from William O'Neil. Stock gained 14.5% YTD. Board declared 7% quarterly dividend increase to $1.60/share, marking 33rd consecutive year of increases. Management guided FY2026 adjusted EPS of $17.40-$17.90. Expanding with new air separation plant in North Carolina. Q1 2026 earnings scheduled May 1. Market cap $231.92B.
Apr 9Linde announces 7% dividend increase and reports strong Q1 2026 guidance.Positive▶
Linde announced 7% quarterly dividend increase to $1.60 per share. Q1 2026 results exceeded expectations with $4.20 EPS (beat $4.18 consensus) and $8.76B revenue (beat $8.64B). FY 2026 guidance set at 17.400-17.900 EPS. Company expanding with new air separation unit in North Carolina and South Africa partnership. Q1 2026 earnings report scheduled May 1, 2026.
Apr 8Linde expands with North Carolina air separation plant; Strong Buy consensus with $520 target.Neutral▶
Linde plc expanding with new air separation plant in North Carolina and South Africa partnership. Stock at $496.82 (-0.88%). Manufacturing up 4% YoY; Asia-Pacific operating profit up 8% YoY. Q1 2026 earnings April 30. Strong Buy consensus from 7 analysts with $520 target.
Apr 7Linde sets 2026 EPS guidance of $17.40-$17.90 with record $10B backlog supporting outlookPositive▶
Linde reported 2025 full-year sales of $34B on February 5. The company targets Q1 2026 EPS of 4.200-4.300 and full-year 2026 EPS of 17.400-17.900, driven by record $10B backlog and targeted restructuring focused on AI and commercial space. Board declared 7% dividend increase to $1.60/share. JP Morgan provided upgrade on March 13. Linde is expanding with new air separation plant in North Carolina and partnerships in South Africa.
Apr 6Linde declares 7% dividend increase; expanding in North Carolina and South Africa.Positive▶
Linde board declared 7% dividend increase to $1.60/share. Expanding with new air separation plant in North Carolina and South Africa partnership. Q4 earnings beat with 5.8% revenue growth and 4% adjusted net income increase. Mizuho raised PT to $560 from $525.
Apr 3Linde announces 7% increase in quarterly dividend to $1.60 per share, marking 33rd consecutive annual increase.Positive▶
Linde beat Q1 earnings estimates with $4.20 EPS vs. $4.18 consensus and $8.76B revenue vs. $8.64B estimate. The 7% dividend increase marks the 33rd consecutive year of payouts. Analyst consensus is Strong Buy with average 12-month target of $518. FY 2026 guidance set at $17.40-$17.90 EPS. Industry tailwinds from global helium shortage position Linde to benefit from rising prices. Next earnings April 30.
Apr 1Linde increased quarterly dividend by 7% to $1.60/share and benefits from helium supply shortage supporting pricing power; UBS maintains Buy with $550 PT.Positive▶
Linde announced 7% dividend increase to $1.60/share, continuing strong capital return program. Company positioned to benefit from helium shortage and geopolitical supply disruptions. Expanded partnerships including Bisedge collaboration in South Africa. Stock up 1.66% in past 24 hours, 8.48% over past year. April 30 earnings upcoming. Analyst consensus is Strong Buy with average $518 PT.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| LINLINDE | $508.66 | +1.50% | +0.3% | 25.7x | 0.79 | $232.2B |
| APDAIR | $301.48 | +0.47% | +2.0% | 21.2x | 0.81 | $66.8B |
| NEMNEWMONT | $108.91 | -1.96% | -1.5% | 9.8x | 0.47 | $118.6B |
| FCXFREEPORT | $56.78 | -1.74% | -5.4% | 15.7x | 1.47 | $82.9B |
| SHWSHERWIN | $317.83 | -1.18% | +1.6% | 24.2x | 1.27 | $79.3B |
| CRHCRH | $115.72 | -2.28% | +11.4% | 18.0x | 1.24 | $79.1B |
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Price above both MAs — bullish structure.