Linde plc (NASDAQ: LIN) Linde plc is a leading industrial gases and engineering company. It operates in over 100 countries, producing atmospheric gases and process gases for various industries. With a market capitalization of around $200 billion, Linde is a major player in the global industrial gases market.
Key Takeaways:
- Linde plc’s stock price is expected to experience robust growth driven by its strong fundamentals and market position.
- We project the stock price to reach $5800 by 2050, reflecting a substantial increase from its current level.
- The company’s diversified portfolio, innovative technologies, and strategic acquisitions position it for long-term success.
- Investors should consider Linde plc as a potential investment opportunity, given its promising growth prospects.
Overview of Linde
Linde plc was formed in 2018 through the merger of Linde AG and Praxair, Inc., creating a global industrial gases and engineering powerhouse. With a rich heritage dating back to the 19th century, the company has consistently pioneered innovative solutions and technologies, solidifying its position as a leader in the industry.
Linde Company Profile
| Country | United Kingdom |
| Ticker Symbol | LIN |
| Exchange | Nasdaq |
| Founded | 1879 |
| IPO Date | 2002 |
| Industry | Specialty Chemicals |
| Sector | Basic Materials |
| Employees | 66,195 |
| CEO | Sanjiv Lamba |
| Market Cap (Jun 3, 2024) | $208.77 billion |
| Website | linde |
Linde (LIN) Balance Sheet Analysis
Linde plc (NASDAQ: LIN) reported a strong balance sheet for fiscal year 2023. The company’s total assets stood at $80.81 billion, with total liabilities of $39.72 billion and total equity of $41.10 billion.
Its total capitalization was $53.12 billion, and common stock equity was $39.72 billion. Linde’s capital lease obligations increased to $942 million, while net tangible assets decreased to $570 million. The company had negative working capital of $3.10 billion.
Invested capital rose to $59.09 billion. Total debt increased to $20.32 billion, and net debt grew to $14.71 billion. The number of outstanding shares decreased, with 482.45 million ordinary shares and 8.32 million treasury shares.
Overall, Linde maintained a solid balance sheet with a strong asset base and manageable debt levels, positioning the company well for future growth and operations.
Balance Sheet Data Source: finance.yahoo
Linde Stock Price History
Linde PLC had its IPO in the year 2002. Linde plc (LIN) has experienced one stock split in its history. This 2-for-1 stock split took place on December 16, 2003. As a result, each share owned before that date was converted into two shares, effectively doubling the number of outstanding shares while halving the stock price proportionately.1
As of June 4, 2024, Linde plc’s stock stands $431.14 per share.
Linde Stock Price Forecast 2024
In 2024, we anticipate Linde plc’s stock price to range between $420 and $460, with an average price of $440. The company’s robust fundamentals, strategic acquisitions, and favorable market conditions are expected to contribute to this growth of approximately 2.1% compared to the current price.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2024 | $320 | $440 | $460 |
Linde Stock Price Forecast 2025
In 2025, we project Linde plc’s stock price to range between $470 and $520, with an average price of $495. This represents a growth of approximately 12.5% compared to the previous year, driven by the company’s strong financial performance, operational efficiencies, and expansion into new markets.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2025 | $470 | $495 | $520 |
Linde Stock Price Forecast 2026
In 2026, we anticipate Linde plc’s stock price to range between $530 and $590, with an average price of $560. This projection reflects a growth of approximately 13.1% compared to 2025, fueled by the company’s innovative product offerings, strategic partnerships, and efficient cost management strategies.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2026 | $530 | $560 | $590 |
Linde Stock Price Forecast 2027
In 2027, we project Linde plc’s stock price to range between $600 and $670, with an average price of $635. This represents a growth of approximately 13.4% compared to the previous year, driven by the company’s continued focus on sustainability, digitalization, and operational excellence.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2027 | $600 | $635 | $670 |
Linde Stock Price Forecast 2028
In 2028, we anticipate Linde plc’s stock price to range between $680 and $760, with an average price of $720. This projection reflects a growth of approximately 13.4% compared to 2027, backed by the company’s strong market position, strategic acquisitions, and diversified revenue streams.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2028 | $680 | $720 | $760 |
Linde Stock Price Forecast 2029
In 2029, we project Linde plc’s stock price to range between $770 and $860, with an average price of $815. This represents a growth of approximately 13.2% compared to the previous year, driven by the company’s commitment to innovation, operational excellence, and customer-centric approach.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2029 | $770 | $815 | $860 |
Linde Stock Price Forecast 2030
In 2030, we anticipate Linde plc’s stock price to range between $870 and $970, with an average price of $920. This projection reflects a growth of approximately 12.9% compared to 2029, fueled by the company’s strategic expansion into emerging markets and its focus on sustainable practices.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2030 | $870 | $920 | $970 |
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Linde Stock Price Forecast 2031
In 2031, we project Linde plc’s stock price to range between $980 and $1,090, with an average price of $1,035. This represents a growth of approximately 12.5% compared to the previous year, driven by the company’s strong financial performance, efficient cost management strategies, and continuous investment in research and development.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2031 | $980 | $1,035 | $1,090 |
Linde Stock Price Forecast 2032
In 2032, we anticipate Linde plc’s stock price to range between $1,100 and $1,220, with an average price of $1,160. This projection reflects a growth of approximately 12.1% compared to 2031, backed by the company’s focus on digitalization, operational excellence, and strategic partnerships.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2032 | $1,100 | $1,160 | $1,220 |
Linde Stock Price Forecast 2033
In 2033, we project Linde plc’s stock price to range between $1,230 and $1,370, with an average price of $1,300. This represents a growth of approximately 12.1% compared to the previous year, driven by the company’s strong market position, diversified product portfolio, and commitment to sustainability.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2033 | $1,230 | $1,300 | $1,370 |
Linde Stock Price Forecast 2034
In 2034, we anticipate Linde plc’s stock price to range between $1,370 and $1,530, with an average price of $1,450. This projection reflects a growth of approximately 11.5% compared to 2033, fueled by the company’s innovative technologies, strategic acquisitions, and efficient cost management strategies.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2034 | $1,370 | $1,450 | $1,530 |
Linde Stock Price Forecast 2035
In 2035, we project Linde plc’s stock price to range between $1,530 and $1,710, with an average price of $1,620. This represents a growth of approximately 11.7% compared to the previous year, driven by the company’s strong financial performance, operational excellence, and customer-centric approach.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2035 | $1,530 | $1,620 | $1,710 |
Linde Stock Price Forecast 2036
In 2036, we anticipate Linde plc’s stock price to range between $1,710 and $1,910, with an average price of $1,810. This projection reflects a growth of approximately 11.7% compared to 2035, backed by the company’s focus on sustainability, digitalization, and strategic expansion into emerging markets.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2036 | $1,710 | $1,810 | $1,910 |
Linde Stock Price Forecast 2037
In 2037, we project Linde plc’s stock price to range between $1,910 and $2,130, with an average price of $2,020. This represents a growth of approximately 11.6% compared to the previous year, driven by the company’s continuous investment in research and development, efficient cost management strategies, and strong market position.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2037 | $1,910 | $2,020 | $2,130 |
Linde Stock Price Forecast 2038
In 2038, we anticipate Linde plc’s stock price to range between $2,130 and $2,370, with an average price of $2,250. This projection reflects a growth of approximately 11.4% compared to 2037, fueled by the company’s innovative product offerings, strategic partnerships, and operational excellence.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2038 | $2,130 | $2,250 | $2,370 |
Linde Stock Price Forecast 2039
In 2039, we project Linde plc’s stock price to range between $2,370 and $2,640, with an average price of $2,505. This represents a growth of approximately 11.3% compared to the previous year, driven by the company’s strong financial performance, commitment to sustainability, and customer-centric approach.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2039 | $2,370 | $2,505 | $2,640 |
Linde Stock Price Forecast 2040
In 2040, we anticipate Linde plc’s stock price to range between $2,630 and $2,930, with an average price of $2,780. This projection reflects a growth of approximately 11.0% compared to 2039, backed by the company’s focus on digitalization, strategic acquisitions, and efficient cost management strategies.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2040 | $2,630 | $2,780 | $2,930 |
Linde Stock Price Forecast 2050
Looking ahead to 2050, we project Linde plc’s stock price to range between $5,400 and $6,200, with an average price of $5,800. This represents a significant growth of approximately 108.6% compared to 2040, driven by the company’s long-term vision, continuous innovation, and strategic positioning in the evolving industrial gases market.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2050 | $5,400 | $5,800 | $6,200 |
Conclusion
Linde plc’s stock price forecast paints an optimistic picture, reflecting the company’s robust growth prospects and resilience in the dynamic industrial gases market. Linde plc’s stock is expected to achieve a Compound Annual Growth Rate (CAGR) of approximately 10.8% from 2024 to 2050.
Our analysis suggests that investors can expect substantial returns by investing in Linde plc, as the company continues to capitalize on its innovative technologies, operational excellence, and strategic acquisitions. With a projected stock price of $5,800 by 2050, Linde plc presents an attractive investment opportunity for those seeking long-term growth and diversification in their portfolios.
FAQs
1. Linde a good long-term investment?
Based on our analysis and stock price projections, Linde plc appears to be a compelling long-term investment opportunity. The company’s strong fundamentals, diversified portfolio, innovative technologies, and strategic acquisitions position it for sustained growth over the years. With a projected stock price of $5,800 by 2050, representing a substantial increase from its current levels, Linde plc offers attractive potential returns for long-term investors.
2. What is the future price of Linde stock?
According to our forecasts, the future price of Linde plc’s stock is expected to experience robust growth. By 2050, we project the stock price to reach a high of $6,200, with an average price of $5,800. This represents a significant increase from its current trading price, driven by the company’s strong market position, operational excellence, and commitment to innovation.
3. What is the target price of Linde in 2030?
Our analysis indicates that the target price range for Linde plc in 2030 is between $870 and $970, with an average price of $920. This projection reflects a growth of approximately 12.9% compared to 2029, fueled by the company’s strategic expansion into emerging markets and its focus on sustainable practices.
4. Who is the biggest shareholder of Linde?
Vanguard Group Inc. holds the largest stake in Linde plc, a multinational corporation that operates in the chemical industry worldwide. Among the other significant investors in the company are prominent institutional players such as BlackRock Inc., State Street Corp., and Fmr Llc, each possessing substantial shareholdings in Linde plc.
5. Is Linde a strong buy?
Based on our comprehensive analysis and stock price projections, Linde plc can be considered a strong buy for investors seeking long-term growth and diversification in their portfolios. The company’s robust growth prospects, strong financial performance, and commitment to innovation and sustainability make it an attractive investment opportunity.
Disclaimer:
The stock price predictions provided herein are based on historical data, current market trends, and analysis. However, past performance does not guarantee future results. Stock markets are inherently volatile and subject to numerous economic, political, and market factors that can cause rapid and unpredictable fluctuations in stock prices. The information provided is for educational and informational purposes only and should not be construed as financial advice. It is strongly recommended that you consult with a qualified financial advisor before making any investment decisions. Invest responsibly and consider your individual financial situation, risk tolerance, and investment objectives before acting on any information provided.
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