Linde Stock Outlook: Analysts Predict 6% EPS Growth and 22.5% Upside Potential

Linde plc (LIN) is a leading global industrial gases and engineering company with a market cap of $220.6 billion. Despite underperforming the broader market over the past 52 weeks, LIN stock has gained 12.4% on a YTD basis, outperforming the S&P 500 Index. Analysts expect EPS to grow 6% YoY to $16.44 for the fiscal year ending in December 2025, with a consensus rating of "Strong Buy" and a mean price target of $512.58.

Linde plc (LIN), a leading global industrial gases and engineering company, has shown resilience in its second-quarter 2025 earnings report, despite operating in a challenging economic environment. The company reported revenue of $8.5 billion, up 3% year-over-year (YoY), and adjusted earnings per share (EPS) of $4.09, up 6% YoY [1]. This performance highlights Linde's ability to maintain steady growth in revenue and earnings, driven by higher pricing and increased volumes in the Americas segment.

The Americas segment's operating profit increased by 4.3% to $1.209 billion, while the EMEA segment's profit increased by 10.8% to $780 million. The APAC segment's profit also grew to $490 million. However, the Engineering segment's operating profit declined to $90 million, missing the Zacks Consensus Estimate of $100 million [1].

Linde's strong performance is reflected in its backlog of high-quality projects, which stood at $10.3 billion as of the end of the second quarter. The company reported capital expenditures of $1.26 billion for the period, ending with cash and cash equivalents of $4.8 billion and long-term debt of $19.7 billion [1].

Looking ahead, Linde expects adjusted EPS to range from $4.10 to $4.20 for the third quarter and from $16.30 to $16.50 for the full year of 2025. The company reiterated its full-year capital expenditure guidance to be between $5 billion and $5.5 billion [1].

Despite underperforming the broader market over the past 52 weeks, LIN stock has gained 12.4% on a year-to-date (YTD) basis, outperforming the S&P 500 Index. Analysts expect EPS to grow 6% YoY to $16.44 for the fiscal year ending in December 2025, with a consensus rating of "Strong Buy" and a mean price target of $512.58 [2].

References:
[1] https://www.ainvest.com/news/linde-q2-2025-earnings-resilient-growth-challenges-2508/
[2] https://www.marketbeat.com/instant-alerts/filing-linde-plc-nasdaqlin-shares-sold-by-cypress-capital-group-2025-08-11/