Linde stock: Bernstein trims target for Linde stock to USD 562.00

Published on 10/22/2026 at 16:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Linde reports third-quarter results on October 29, 2026. Linde stock costs EUR 451.00 on October 22, 2026, up 1.39 percent versus the Xetra close.

Analyst target and reporting date

Bernstein lowered its Linde target to USD 562.00 from USD 563.00 on October 19, 2026.
Linde is scheduled to report third-quarter 2026 results on October 29, 2026.
Linde stock costs EUR 451.00 at Lang & Schwarz on October 22, 2026 at 4:34 p.m. CEST, 1.39 percent above the Xetra close of October 21, 2026.
Second-quarter 2026 revenue reached USD 9.30 billion, up 9.30 percent year over year.

Industriegasanlage mit Tanks und Dampf bei Sonnenaufgang, Symbolbild für Linde plc — Fotorealistische Aufnahme einer Industriegas-Anlage bei Sonnenaufgang symbolisiert das Unternehmen Linde plc, ISIN IE000S9YS4E6, Chemiesektor heute, Illustration mit AI erstellt.

Linde trimmed its analyst target by USD 1.00 to USD 562.00 on October 19, 2026, while the target stood 11.35 percent above the Nasdaq price of USD 504.70 at 10:25 a.m. EDT on October 22. Fidelity reported the Bernstein change, which kept the focus on valuation ahead of Linde's third-quarter update. The stock was trading at EUR 451.00 at Lang & Schwarz on October 22, 2026 at 4:34 p.m. CEST, up EUR 6.20, or 1.39 percent, versus the Xetra close of October 21, 2026 at EUR 444.80.

Bernstein trims its target

According to Fidelity on October 19, 2026, Bernstein reduced its Linde target from USD 563.00 to USD 562.00 and maintained an overweight view. The revised target remains 11.35 percent above the Nasdaq price of USD 504.70 cited above, leaving the analyst valuation above the current US listing.

Revenue growth stays measurable

Linde's second-quarter 2026 revenue was USD 9.30 billion, an increase of 9.30 percent from the same quarter of 2025. Diluted GAAP earnings per share reached USD 4.15, compared with USD 3.98 in the first quarter of 2026, while net income was USD 1.97 billion. MarketBeat reported that second-quarter revenue exceeded its USD 9.02 billion consensus estimate and earnings per share exceeded the USD 4.49 estimate.

October 29 is the next date

Linde's investor calendar lists October 29, 2026 for its third-quarter earnings call. The date follows the company's second-quarter report of July 31, 2026, when revenue reached USD 9.29 billion and earnings per share came in at USD 4.50 on an adjusted basis, according to MarketBeat. The latest results therefore give the scheduled event a clear comparison point: second-quarter sales growth was 9.30 percent year over year.

Valuation beside industrial peers

Linde's Nasdaq market capitalization was USD 232.7 billion and its price-to-earnings ratio was 32.61 as of October 22, 2026. Air Liquide traded at EUR 173.50 on Euronext Paris at 10:25 a.m. CEST, with a market capitalization of EUR 110.4 billion and a price-to-earnings ratio of 29.71. Air Products and Chemicals traded at USD 303.49 on the NYSE at 10:41 a.m. EDT, with a market capitalization of USD 67.6 billion.

Stock price and next catalyst

The combination of a modest Bernstein target cut and a scheduled October 29 report gives investors two concrete markers. Linde's second-quarter revenue growth of 9.30 percent contrasts with the 1.39 percent rise in the euro quotation against the October 21 Xetra close.

Linde was trading at EUR 451.00 at Lang & Schwarz on October 22, 2026 at 4:34 p.m. CEST, 1.39 percent above the Xetra close of October 21, 2026 at EUR 444.80. The further course of trading is shown by the continuously updated real-time quote of Linde stock.