Air Liquide, FR0000120073

Air Liquide stock: Bernstein sets EUR 193.00 target for Air Liquide stock

Published on 10/23/2026 at 15:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Air Liquide has 65,000 employees worldwide. Air Liquide stock costs EUR 173.81 on October 23, 2026, plus 0.13 percent versus the Xetra close.

Bernstein target and trading facts

Bernstein set a EUR 193.00 price target for Air Liquide on October 20, 2026.
Air Liquide targets 10.00 percent annual growth in recurring earnings per share through 2030.
Air Liquide stock costs EUR 173.81 at Lang & Schwarz on October 23, 2026 at 3:31 p.m. CEST, 0.13 percent above the Xetra close of October 22, 2026 and 4.64 percent below the 52-week high.
Air Liquide will publish third-quarter 2026 revenue on October 29, 2026.
The price-to-earnings ratio is 29.76 and market capitalization is EUR 110.7 billion as of October 23, 2026.

Extreme Nahaufnahme von Eiskristallen auf einem kryogenem Metallrohr in Blautönen — Air Liquide S.A. Makroaufnahme kristalliner Eisstrukturen auf einem kryogenen Metallrohr, ISIN FR0000120073, Illustration mit AI erstellt.

Air Liquide stock (ISIN FR0000120073) has a EUR 193.00 price target from Bernstein, which maintained its Buy rating in a note dated October 20, 2026, as Markets Insider reported. Air Liquide serves 4.3 million customers and patients across 59 countries, according to its October 7, 2026 release. The stock was trading at EUR 173.81 at Lang & Schwarz on October 23, 2026 at 3:31 p.m. CEST, up 0.13 percent versus the Xetra close of October 22, 2026.

Strategy targets 10.00 percent growth

Air Liquide's BEYOND strategy targets 10.00 percent annual growth in recurring earnings per share from 2026 through 2030, with a plus or minus 2.00 percent range, according to the company's October 5, 2026 strategy publication. The plan also targets operating margin improvement of 400 to 600 basis points over the period, a figure that places the earnings ambition alongside a profitability objective. The strategy is described by Air Liquide as a 2026 to 2030 program.

Stock remains below its yearly high

The current EUR 173.81 price is 4.64 percent below Air Liquide's 52-week high of EUR 182.26 and 23.46 percent above its low of EUR 140.78, with the range dated October 23, 2026. Market capitalization stood at EUR 110.7 billion and the price-to-earnings ratio was 29.76 on the same date. The figures place valuation alongside a share price that remains beneath its recent peak.

Valuation and reporting date

Air Liquide will publish third-quarter 2026 revenue on October 29, 2026, according to its October 7, 2026 release. The company said the publication would provide its next quarterly revenue update, making the date the next scheduled financial milestone. Air Liquide also said it had approximately 65,000 employees and revenue close to EUR 27.0 billion in 2025.

The analyst picture is not uniform. J.P. Morgan maintained a Neutral rating and raised its target from EUR 162.00 to EUR 166.00 on October 15, 2026, as MarketScreener reported. The EUR 166.00 target is below the current euro price, while Bernstein's EUR 193.00 target is above it.

Price holds above the Xetra close

Air Liquide was trading at EUR 173.81 at Lang & Schwarz on October 23, 2026 at 3:31 p.m. CEST, 0.13 percent above the Xetra close of October 22, 2026 at EUR 173.58. The modest daily difference contrasts with the 4.64 percent gap to the 52-week high and leaves the next scheduled revenue update as the clearest dated event for the stock.

The further course of trading is shown by the continuously updated real-time quote of Air Liquide stock.