Argus cuts target for Linde stock to USD 538.00
Published on 10/01/2026 at 14:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Linde stock (ISIN IE00BZ12WP82) was last at EUR 418.20 on Xetra on October 1, 2026 at 1:59 p.m. CEST, down 0.67 percent from the EUR 421.00 close of September 30, 2026. The latest analyst catalyst is a lower Argus target, which fell from USD 563.00 to USD 538.00 while the rating stayed Buy, as MarketBeat reported on September 28, 2026.
Argus lowers target to USD 538
The cut leaves the new target USD 119.80 above the Xetra quote when the two currencies are kept separate only as market context, so no euro upside calculation is applied. MarketBeat said the change formed part of a broader analyst picture that retained a Buy consensus and an average target of USD 544.60 on September 28, 2026.
The target reduction contrasts with Linde's recent operating delivery. The company still has a concrete earnings-growth profile, but the lower Argus target shows that valuation expectations can move even while reported results remain positive.
Second-quarter sales rise 9.30 percent
Linde reported second-quarter 2026 revenue of USD 9.29 billion, up 9.30 percent from the comparable quarter, and earnings per share of USD 4.50 versus a USD 4.49 consensus estimate, according to MarketBeat. The figures refer to the quarter reported on July 31, 2026.
The latest company page identifies the listing as Nasdaq: LIN and describes Linde as a global industrial gases and engineering company, while reporting 2025 sales of USD 34 billion, according to Linde. That business mix gives the earnings figure exposure to healthcare, manufacturing, electronics, energy and other industrial customers.
Stock sits below its yearly high
The Xetra quote places Linde at EUR 193.5 billion in market capitalization on October 1, 2026. Its EUR 332.40 to EUR 479.40 52-week range puts the latest price 12.76 percent below the upper end, a more useful technical comparison than the daily move alone.
The immediate balance is therefore clear: second-quarter revenue grew 9.30 percent year over year, while Argus reduced its target by 4.44 percent from USD 563.00 to USD 538.00. The next market test is whether subsequent results can sustain the operating growth that supported the USD 4.50 quarterly earnings-per-share figure.
Price remains below the yearly high
Linde was last at EUR 418.20 on Xetra on October 1, 2026 at 1:59 p.m. CEST, down 0.67 percent versus the Xetra close of EUR 421.00 on September 30, 2026. Price source: substitute price Xetra, Lang & Schwarz without data set.
Linde stock facts
- Company: Linde plc
- ISIN: IE00BZ12WP82
- Ticker: LIN
- Primary exchange: Nasdaq
- Price Xetra (as of October 1, 2026, 1:59 p.m. CEST): EUR 418.20
- Change versus Xetra close: minus 0.67 percent
- Prior close Xetra (September 30, 2026): EUR 421.00
- Market capitalization: EUR 193.5 billion (as of October 1, 2026)
- 52-week range: EUR 332.40-EUR 479.40 (as of October 1, 2026)
- Sector / Industry: Basic Materials / Specialty Chemicals
