Linde stock trades at EUR 416.00 after Q2 growth
Published on 09/29/2026 at 15:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Linde stock was last at EUR 416.00 on Xetra on September 29, 2026 at 3:00 p.m. CEST, up 0.78 percent versus the September 28, 2026 close of EUR 412.80. The industrial gases group enters the next reporting phase with second-quarter sales growth, firm adjusted earnings and a lower analyst target.
Q2 sales rose 9.3 percent
According to StockTitan in its July 31, 2026 filing summary, Linde reported second-quarter 2026 sales of USD 9.29 billion, up 9.3 percent from the prior-year quarter. Reported diluted EPS increased to USD 4.15 from USD 3.73, while adjusted diluted EPS reached USD 4.50.
The adjusted EPS result exceeded the USD 4.49 consensus estimate by USD 0.01. Linde also reported adjusted operating profit of USD 2.744 billion, equal to a 29.5 percent margin, giving investors a clearer measure of operating leverage than revenue growth alone.
Argus lowers its price target
As MarketBeat reported on September 28, 2026, Argus lowered its Linde price target from USD 563.00 to USD 538.00 and retained a buy rating. The change puts the analyst view below the earlier target while leaving the rating direction unchanged.
The same MarketBeat report said Linde's fiscal 2026 EPS guidance was USD 17.70-17.90, with third-quarter guidance at USD 4.45-4.55. That guidance gives the stock a concrete earnings checkpoint after the Q2 result, while the target reduction signals a more cautious valuation view.
Industrial gases remain the core
Linde's investor-relations page describes the company as an industrial gases and engineering provider serving healthcare, manufacturing, chemicals, energy, food and beverage, and electronics customers. The page lists Nasdaq: LIN and says fiscal 2025 sales were USD 34 billion, linking the current earnings story to a business with broad end-market exposure.
One counter-factor is the company's disclosed exposure to Russian project disputes. The July 31 filing summary lists recorded liabilities of USD 1.8 billion and contingent liabilities of USD 1.1 billion for RusChemAlliance projects, plus USD 0.7 billion for Amur GPP matters.
Stock stays below its yearly high
Linde was last at EUR 416.00 on Xetra on September 29, 2026 at 3:00 p.m. CEST, compared with a 52-week Xetra range of EUR 332.40 to EUR 479.40. The price remains EUR 63.40 below that high, while the daily gain was measured against the EUR 412.80 prior close.
Linde stock figures
- Company: Linde plc
- ISIN: IE00BZ12WP82
- Ticker: LIN
- Primary exchange: Nasdaq
- Price Xetra (as of September 29, 2026, 3:00 p.m. CEST): EUR 416.00
- Change versus prior close: plus 0.78 percent
- Xetra close (September 28, 2026): EUR 412.80
- 52-week range: EUR 332.40-479.40 (as of September 29, 2026)
- Sector / Industry: Basic Materials / Specialty Chemicals
