Linde stock holds near a 52-week high after a price target lift

Linde plc (ISIN IE00BZ12WP82) stock closed at $490.53 on August 11, 2026, while Evercore ISI lifted its price target to $525 from $515 on August 12, 2026. The move leaves the target about 7.0 percent above the close and keeps the shares close to a 52-week range of $387.78 to $548.20.

Target hike and valuation

According to a market note on Evercore ISI's target lift, Linde's trailing twelve-month EPS was $15.48 and sales were $33.99 billion as of August 11, 2026. That frames the stock at a trailing P/E of 31.69 and a market capitalization of $226.12 billion.

MarketBeat showed the same session close at $490.53, which is below the $548.20 52-week high by $57.67. The comparison matters because the new target sits above the last close but still below that high-water mark.

Latest reported quarter

TradingKey's Linde overview points to Q2 2026 results, with revenue of $9.29 billion versus an $8.99 billion estimate and EPS of $4.17 versus $4.48 expected. That is a revenue beat of $300 million and an EPS miss of $0.31.

The same Q2 2026 snapshot lists a market cap of $225.42 billion and an EPS TTM figure of $14.69. For investors, the gap between the quarter's revenue beat and the softer EPS print is the key read-through.

Industrial gases, not headlines

Linde's business is anchored in industrial gases, with the share story still tied to pricing, volumes, and project execution rather than one-off speculation. The Q2 2026 revenue beat and the market's $225 billion-plus valuation show why the company remains in the large-cap quality bucket.

Shares and venue

As of August 11, 2026, Linde stock traded at $490.53 on Nasdaq. The market data also shows a 52-week range of $387.78 to $548.20 and a market capitalization of $226.12 billion.