Linde stock carries 9.30 percent revenue growth into Q3

Published on 09/28/2026 at 15:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Linde stock reported USD 9.29 billion in Q2 revenue, up 9.30 percent year over year. KeyCorp issued a Strong Buy rating on September 11, 2026.

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 (ISIN IE00BZ12WP82) was trading at USD 470.38 on Nasdaq at 9:50 a.m. ET on September 28, 2026, up 0.10 percent from the prior close. The industrial gases company enters the next reporting phase with second-quarter revenue growth and a broad analyst Buy consensus.

Revenue clears quarterly expectations

For Q2 2026, Linde reported USD 9.29 billion in revenue and adjusted earnings per share of USD 4.50, according to MarketBeat on September 11, 2026. Revenue rose 9.30 percent from the prior-year quarter, while adjusted EPS exceeded the USD 4.49 consensus by USD 0.01.

The comparison matters because Linde also maintained FY 2026 adjusted EPS guidance of USD 17.70-17.90 and Q3 guidance of USD 4.45-4.55, as MarketBeat reported on September 20, 2026. The range puts the next quarter's earnings bar below the midpoint of the full-year outlook, making execution on volume and pricing the key operating test.

Analysts keep a positive stance

KeyCorp upgraded Linde to Strong Buy in a research note dated September 11, 2026, and projected adjusted EPS of USD 17.85 for FY 2026, according to MarketBeat. The same report cited a consensus average price target of USD 545.14.

A separate MarketBeat report on September 20, 2026, counted 14 brokerages in the consensus: 11 Buy ratings, two Strong Buy ratings and one Hold rating. That distribution gives the stock a supportive analyst backdrop, while the modest September 28 intraday gain shows that the latest market reaction is measured rather than decisive.

Stock remains below yearly high

Linde's market capitalization stood at USD 217.6 billion on September 28, 2026, with 168,776 shares traded at the quoted time. The 52-week range was USD 387.78 to USD 548.20, placing the stock below its yearly high while keeping the current price above the lower end of the range.

For investors, the central checkpoint is the conversion of 9.30 percent quarterly revenue growth into the guided USD 17.70-17.90 FY 2026 adjusted EPS range. Linde's Nasdaq listing and industrial gases exposure make that earnings bridge more important than the small 0.10 percent intraday move.

Nasdaq quote sets the reference

Linde stock was trading at USD 470.38 on Nasdaq at 9:50 a.m. ET on September 28, 2026, with a 52-week range of USD 387.78 to USD 548.20 and market capitalization of USD 217.6 billion.