Air Liquide, FR0000120073

UBS lifts Air Liquide target to EUR 200. Air Liquide stock sits 5.41 percent below its high

Published on 10/16/2026 at 09:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Air Liquide publishes third-quarter revenue on October 29, 2026. Air Liquide stock costs EUR 172.39, 0.71 percent above the Xetra close.

Air Liquide updates and dates

UBS lifted its Air Liquide target to EUR 200 on October 15, 2026.
Third-quarter revenue is scheduled for October 29, 2026.
Air Liquide stock trades at EUR 172.39 at 9:15 a.m. CEST at Lang & Schwarz on October 16, 2026, 0.71 percent above the Xetra close of October 15, 2026.
Air Liquide reported EUR 8.4 billion in net debt for fiscal year 2025.

Flatlay mit Gasflaschen, Druckmessgerät, Handschuhen und ISIN-Karte FR0000120073 — Air Liquide S.A. Flatlay mit Gasflaschen, Manometer, Schutzhandschuhen, Aktien-Zertifikat und ISIN-Karte FR0000120073, Illustration mit AI erstellt.

Air Liquide (ISIN FR0000120073) was trading at EUR 172.39 at Lang & Schwarz on October 16, 2026 at 9:15 a.m. CEST, 0.71 percent above the Xetra close of October 15, 2026 at EUR 171.18. Ideal Investisseur reported on October 15 that UBS raised its target from EUR 197 to EUR 200 and retained a Buy rating.

Two targets show a split view

The UBS target is EUR 27.61 above the Lang & Schwarz price, equivalent to 16.02 percent above the price. The same Ideal Investisseur article said JPMorgan raised its target from EUR 162 to EUR 166 while keeping a Neutral rating. That target is EUR 6.39 below the price, a 3.85 percent gap.

Three dated company developments

On October 5, 2026, Air Liquide presented its BEYOND strategy with a EUR 4 billion buyback planned for 2026 and 2027 and a target of 10 percent annual growth in adjusted earnings per share through 2030, according to Goldesel. On October 7, Air Liquide announced that its pre-third-quarter sales communication was available. On October 15, UBS and JPMorgan changed their targets, with UBS setting the latest higher target at EUR 200.

What comes next for revenue

Air Liquide will publish third-quarter 2026 revenue on October 29, 2026, the company said in its October 7 release. The date gives the market a defined test of the growth assumptions behind the recent target changes. Air Liquide said revenue for the quarter will be published on that date.

Debt remains a measurable counterweight

Air Liquide's investor materials show net debt of EUR 8.4 billion and gross debt of EUR 12.4 billion for fiscal year 2025, alongside a 31.2 percent gearing ratio. Those figures frame the balance-sheet side of the buyback and investment plans, while the October 29 revenue release will provide the next operating evidence.

Stock trades above the Xetra close

Air Liquide was trading at EUR 172.39 at Lang & Schwarz on October 16, 2026 at 9:15 a.m. CEST, up 0.71 percent versus the Xetra close of October 15, 2026 at EUR 171.18. The 52-week range is EUR 140.78 to EUR 182.26, placing the price 5.41 percent below the high.

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