Citigroup cuts target for Linde stock to USD 560
Published on 10/14/2026 at 13:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSValuation and reporting date
- Citigroup cut its Linde target from USD 580.00 to USD 560.00 on October 7, 2026.
- Linde reported USD 9.29 billion in second-quarter 2026 revenue, up 9.30 percent year over year.
- Linde stock trades at EUR 441.20 at 1:43 p.m. CEST at Lang & Schwarz on October 14, 2026, 0.59 percent above the Xetra close of October 13, 2026.
- Linde is scheduled to report third-quarter 2026 results on October 29, 2026.
Linde (ISIN IE000S9YS762) faces a lower Citigroup target of USD 560.00, down from USD 580.00, while the stock was trading at EUR 441.20 at Lang & Schwarz on October 14, 2026. MarketBeat reported the Citigroup change on October 7, 2026, with the bank maintaining a Buy rating.
What does the target cut change?
The revised target keeps Citigroup positive on Linde, but it places a lower value on the industrial-gases company than the earlier USD 580.00 objective. Linde stock stood 10.23 percent below its USD 548.20 52-week high on October 13, 2026, using the Nasdaq quote in USD.
The operating picture remains mixed. A Yahoo Finance article dated October 6, 2026 said Linde delivered USD 9.29 billion in second-quarter 2026 revenue, up 9.30 percent year over year, while adjusted operating margin fell to 29.50 percent from 30.10 percent.
Three events shape the story
On July 31, 2026, Linde reported USD 9.29 billion in second-quarter revenue and adjusted earnings per share of USD 4.50, versus USD 4.49 consensus. On October 5, 2026, Linde scheduled third-quarter results for October 29, 2026. On October 7, 2026, Citigroup cut its target from USD 580.00 to USD 560.00, according to MarketBeat.
When is the next report?
Linde is scheduled to publish third-quarter 2026 results on October 29, 2026, with the date listed by EQS News on October 5, 2026. The next release will put the USD 4.45 to USD 4.55 third-quarter adjusted earnings-per-share outlook against the margin pressure highlighted after the second-quarter report.
Stock price and valuation
Linde stock was trading at EUR 441.20 at Lang & Schwarz on October 14, 2026 at 1:43 p.m. CEST, plus 0.59 percent versus the Xetra close of October 13, 2026 (EUR 438.60). The Nasdaq-listed company had a market capitalization of USD 227.7 billion and a USD 387.78 to USD 548.20 52-week range as of October 13, 2026.
The further course of trading is shown by the continuously updated real-time quote of Linde stock.
Linde stock facts
- Company: Linde plc
- ISIN: IE000S9YS762
- Ticker: LIN
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 14, 2026, 1:43 p.m. CEST): EUR 441.20
- Change versus Xetra close: plus 0.59 percent
- Xetra close (October 13, 2026): EUR 438.60
- Market capitalization: USD 227.7 billion (as of October 13, 2026)
- 52-week range: USD 387.78-548.20 (as of October 13, 2026)
- Sector / Industry: Basic Materials / Specialty Chemicals
- Index membership: Nasdaq Composite
- Next earnings date: October 29, 2026
Market context: Market report Nasdaq Composite.
