Linamar stock gains 2.62 percent as analyst views split

Published on 09/28/2026 at 08:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Linamar stock last traded at CAD 96.97 on September 25, 2026, while BMO kept a CAD 105.00 target after a downgrade. Q2 sales reached CAD 3.14 billion and EPS was CAD 3.08.

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Linamar stock gained 2.62 percent to last trade at CAD 96.97 on the TSX on September 25, 2026 at 4:00 p.m. ET. The move came as analyst views remained divided after BMO Capital Markets downgraded the Canadian manufacturer on September 18.

Analyst target stays above price

According to MarketBeat, BMO moved Linamar from Outperform to Market Perform on September 18, 2026, while maintaining a CAD 105.00 price target. The bank had previously set the target at CAD 120.00, making the downgrade a valuation and risk signal rather than a target increase.

The CAD 105.00 target stands CAD 8.03 above the September 25 price, equivalent to 8.28 percent above the last trade. MarketBeat also reported a consensus Hold rating with an average target of CAD 110.71, placing the broader analyst view above BMO's more cautious stance.

Q2 earnings set a higher base

Linamar's second-quarter sales reached CAD 3.14 billion in the three months ended June 30, 2026, up from CAD 2.64 billion in the prior-year quarter. According to The Globe and Mail on August 12, 2026, diluted earnings per share rose to CAD 3.08 from CAD 2.12.

Net earnings also increased to CAD 183.1 million from CAD 126.9 million in the year-earlier quarter. The same report said Linamar raised its quarterly dividend to CAD 0.32 per share, while tariff exposure remained concentrated in parts of the Industrial segment.

Stock remains below its yearly peak

Linamar's September 25 market capitalization was CAD 5.7 billion, with 217,306 shares traded during the session. The stock's 200-day moving average was CAD 96.62 in the September 26 market update, placing the last trade only CAD 0.35 above that technical reference.

The next confirmed earnings date is November 4, 2026. For investors, the central balance is clear: record Q2 sales and higher earnings support the operating case, while BMO's rating change highlights tariff, vehicle-production and industrial-demand risks.