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LIN

LindeB
Nasdaq / Materials
Last Price
Quote time unavailable
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Current thesis
Q2 produced record sales and EPS, with adjusted EPS of $4.50, operating cash flow of $2.3 billion, and 4% underlying sales growth led by electronics, manufacturing, and chemicals and energy. The record $8.1 billion sale-of-gas backlog and planned project starts support durable forward growth.
Posture
Constructive
Lead driver
Sentiment
What changed
9 setup hits (3d) with net bullish as of 2026-10-24.
What can break
Execution and capital-allocation risk as Linde funds more than 20 projects and expects 2026 capital expenditures of $5.5-$6.0 billion.
Momentum
81
Value
47
Sentiment
61
Setup hits (3d)
9 · Net Bullish
AI TargetsBase $548.35 · Bull $590.00 · Bear $430.00Analysis 2026-08-05; returns require an exact persisted reference.
Earnings
2026-10-29 · BMO
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-10-23 • Vendor: Data Vendor v1
Scores
As of 2026-10-23 • Model: HYBRID_IC_RP
AI Memo
As of 2026-08-05 • Model: RankAlpha Sentiment Codex
Investment thesis
As of 2026-10-23

Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-10-23. Definitions

Supporting evidence
What
Grade B · Constructive
Confidence Medium · Net Bullish
Target $545.52
Why
Momentum81 · Δ7d +6.9
Value47 · Δ7d -0.2
Sentiment61 · Δ7d -1.4
So what
Strength-led posture (Net Bullish). Favor watchlist adds and disciplined entries.

Confirming evidence

  • • 9 setup hits (3d) with net bullish as of 2026-10-24.
  • • Next scheduled catalyst: earnings 2026-10-29 · BMO.
  • • Sentiment remains the lead driver in the composite, 7D delta -1.4.

Contradictions & invalidation

  • • Execution and capital-allocation risk as Linde funds more than 20 projects and expects 2026 capital expenditures of $5.5-$6.0 billion.
  • • Helium logistics and Middle East geopolitical disruptions could prolong margin dilution and supply-chain volatility.
  • • Operating margin declined year over year because cost inflation offset pricing and productivity, while management identified persistent U.S.

Catalyst clock

2026-10-29 · BMO

Q3 margin and EPS validation

Lead driver: Sentiment · See AI snapshot
Momentum
81
8% active weight
Current posture
7d trendImproving
Δ7d
+6.9
Δ21d
+29.9
Value
47
47% active weight
Current posture
7d trendFlat
Δ7d
-0.2
Δ21d
-0.5
Sentiment
61
45% active weight
Current posture
7d trendSoftening
Δ7d
-1.4
Δ21d
-17.9
Why this grade

Composite grade B. Momentum 81.3 / Value 47.4 / Sentiment 60.6

Scenario snapshot

Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-08-05. Scenario method

B+
Bull case
30%
Probability
Target price
$590.00
Analysis reference price unavailable
Analysis 2026-08-05 · RankAlpha Sentiment Codex
Most likely
B
Base case
50%
Probability
Target price
$548.35
Analysis reference price unavailable
Analysis 2026-08-05 · RankAlpha Sentiment Codex
B-
Bear case
20%
Probability
Target price
$430.00
Analysis reference price unavailable
Analysis 2026-08-05 · RankAlpha Sentiment Codex
Fundamentals (TTM)
As of 2026-10-23
Market Cap
$234.56B
Beta
0.84
Shares Out
460.98M
P/E (TTM)
29.0
P/S (TTM)
6.04
P/FCF (TTM)
87.78
Rev YoY
+9.3%
EPS YoY
+11.3%
Gross Margin
+37.6%
Op Margin
+27.1%
Net Debt
$23.01B
Current Ratio
0.88
As of 2026-10-23 • Updated nightlySource: Internal modelMethods & Data