Morgan Stanley Sees 17.3% Upside for Linde with $530 Price Target

LINLIN

Morgan Stanley set a $530 price target on Linde, implying a 17.3% upside from its current level. The company’s Q4 2025 earnings call highlighted solid revenue growth and maintained profit margins across healthcare, manufacturing and energy segments.

1. Morgan Stanley Price Target

Morgan Stanley raised its price target on Linde to $530, indicating a potential 17.3% gain from recent trading levels. This outlook reflects confidence in Linde’s industrial gases market share and growth prospects in high‐demand sectors.

2. Q4 2025 Earnings Insights

During the Q4 2025 earnings call, management detailed year-over-year revenue increases and stable profit margins across key divisions including healthcare, manufacturing and energy. These metrics underscore Linde’s operational efficiency and diversified revenue streams.

3. Stock Performance and Market Metrics

Linde’s stock recently traded around $451.54, down 1.77% for the day, with a trading volume of approximately 1 million shares. The company’s market capitalization stands near $210.85 billion, reflecting its leading position in the industrial gases industry.

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