Linde (LIN) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $3.66
- Estimate
- $4.17
- Surprise
- -12.3%
- Revenue (period 2026-09-30)
- $9.40B
- Score at report (before → after)
- 5.4 → 5.4/10
Revenue source: xbrl.
How the report landed
Linde (LIN) missed the $4.17 estimate with adjusted EPS of $3.66 — a large 12.3% shortfall. TrendMatrix's engine moved from Buy (Wait) (5.4/10) to Sell at 5.4/10 after the report.
Coverage in the report window
- Keybanc Maintains Overweight on Linde, Raises Price Target to $545 — benzinga, 2026-10-30
Where TrendMatrix's rating stands now
TrendMatrix currently rates LIN Sell at 5.5/10.
2 of the last 4 quarters beat the estimate; this quarter's -12.3% surprise compares with a -2.5% four-quarter average.
What argues against it
- Analyst target reached - limited upside remaining
- Sector modifier (Basic Materials): -0.1
- Target reached (-2.5% upside)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $503.15
- Stop
- $488.07
The stock trades at 32.5× trailing but 25.7× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: RSI 73 — a level conventionally read as overbought; gains at these levels often lean on momentum.
Model outputs from TrendMatrix’s engine as of 2026-10-30 — shown for context, not personalized investment advice.
LIN at TrendMatrix's latest read
Materials producers report against the commodity cycle — realized-price capture and volume, not the EPS line, are the tells in a quarter like this.
- Industry
- Specialty Chemicals
- Market cap
- $231.94B
- P/E (fwd)
- 25.7
- P/E (ttm)
- 32.5
- 52-week range
- $387.78–$548.20
- Off 52-week high
- 8.2%
- RSI (14)
- 73
- Volume vs avg
- 1.39×
- Score today
- 5.5/10