Linde plc issues FY2026 guidance following Q2 revenue growth

Linde plc has issued financial guidance for fiscal year 2026, projecting an adjusted earnings per share (EPS) between $17.70 and $17.90. This guidance represents an increase at the lower end compared to previous estimates of $17.60.

In its second quarter 2026 report, the company recorded revenue of $9.29 billion, a 9.3 percent increase year-over-year. Adjusted EPS for the quarter reached $4.50, slightly exceeding the consensus estimate of $4.49.

Market analysts have responded with varying outlooks. Sanford C. Bernstein raised its price target from $559.00 to $564.00 while maintaining an ‘Outperform’ rating. Conversely, BMO Capital Markets lowered its price target from $560.00 to $546.00, also maintaining an ‘Outperform’ rating. The consensus among 14 analysts is a ‘Buy’.

As of late September 2026, Linde's market capitalization stood at approximately $216.32 billion. A retrospective analysis of the stock shows that a $1,000 investment made one year prior would be worth approximately $990.66, reflecting a slight decrease of 0.93 percent.