Linde PLC

Linde PLC, listed on the Nasdaq under the ticker LIN, reported a closing price of USD 423.51 on 21 December 2025, following a 52‑week range between USD 486.38 and USD 387.78. The company’s market capitalization stood at USD 197.6 billion, with a price‑earnings ratio of 27.472.

Analyst Outlook

On 22 December 2025, UBS reaffirmed its “Buy” recommendation on Linde and projected earnings‑per‑share growth of 10 % or more. The bank set a target price of USD 500 for the stock. This rating reflects the company’s continued involvement in industrial gases, clean‑hydrogen production, and carbon‑capture technologies—sectors that are central to the global energy transition.

Historical Performance

A retrospective look at the stock’s performance over the past year shows that an investor who had entered the market on 22 December 2024, at a price of USD 422.33, would have held 2.368 shares by 23 December 2025. With the then‑closing price of USD 423.51, that investment would be worth USD 1 002.79, reflecting a modest gain of 0.24 % over the year.

Business Context

Linde PLC operates as an industrial‑gas and engineering enterprise headquartered in Danbury, United States. Its product portfolio includes medical oxygen, specialty gases for electronics, and technologies for clean hydrogen and carbon‑capture systems—key components in the transition to low‑carbon energy sources. The company serves a global customer base and maintains an online presence at www.linde.com .

Market Position

With a sector classification of Materials and trading on the Nasdaq, Linde’s valuation metrics suggest that the market expects continued earnings growth in line with the company’s strategic focus on renewable‑energy‑related services. The UBS target price of USD 500 places the stock at a +18 % upside from the recent closing level, indicating a bullish stance by leading analysts.