Linde stock is priced at EUR 421.00 with a 0.81 percent change

Published on 09/30/2026 at 15:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Linde reported Q2 2026 sales of USD 9.29 billion, up 9.00 percent year over year, with adjusted EPS of USD 4.50. Argus set a USD 538.00 target.

Fotorealistische Aufnahme massiver Edelstahl-Druckbehälter und Rohrleitungen einer Industriegas-Anlage im Gegenlicht der Abendsonne — Linde PLC IE00BZ12WP82 betreibt riesige glänzende Industriegas Tanks und verzweigte Rohrleitungen in einer modernen Chemieanlage, Illustration mit AI erstellt.

Linde stock was last at EUR 421.00 on Xetra on September 30, 2026 at 3:39 p.m. CEST, with a 0.81 percent daily change versus the Xetra close of EUR 417.60 on September 29, 2026. The market is weighing the industrial gas group's latest earnings against a more cautious analyst target.

Q2 sales reach USD 9.29 billion

StockTitan reported on July 31, 2026, that Linde's second-quarter sales reached USD 9.29 billion, up 9.00 percent from the prior-year quarter. Diluted GAAP EPS rose to USD 4.15 from USD 3.73, while adjusted diluted EPS reached USD 4.50.

The same Q2 2026 summary put operating profit at USD 2.55 billion and adjusted operating profit at USD 2.74 billion, equal to a 29.50 percent adjusted operating margin. Operating cash flow for the first half of 2026 totaled USD 4.51 billion, giving the results a cash-generation dimension beyond the revenue increase.

Argus cuts target to USD 538.00

According to MarketBeat, Argus lowered its Linde price target from USD 563.00 to USD 538.00 while maintaining a Buy rating. The revised target remains USD 59.31 above the Nasdaq quote of USD 478.69 on September 30, 2026 at 9:54 a.m. EDT, a gap of 12.39 percent.

That target change adds a counterweight to the quarterly growth figures. Linde's Nasdaq quote stood within a USD 387.78 to USD 548.20 52-week range on September 30, 2026, while its market capitalization was USD 221.4 billion.

Industrial gases drive the investment case

Linde identifies itself as a global industrial gases and engineering company serving healthcare, electronics, manufacturing, chemicals, energy, metals and food and beverage customers. Its investor page lists Nasdaq: LIN and highlights 2025 sales of USD 34 billion, placing the Q2 performance in a large recurring business.

Stock holds above EUR 417.60

Linde was last at EUR 421.00 on Xetra on September 30, 2026 at 3:39 p.m. CEST, versus the Xetra close of EUR 417.60 on September 29, 2026. The 0.81 percent daily change keeps the German-market indication positive while the latest target revision leaves valuation and margin progress as the main checkpoints.