BMO and Mizuho Bullish on Linde (LIN), Forecasting 10%+ EPS Growth

Linde plc (NASDAQ:LIN) ranks among the best hydrogen and fuel cell stocks to buy for 2026. On December 17, BMO Capital reiterated its Outperform rating and $501 price target for Linde plc (NASDAQ:LIN), highlighting the industrial gas company’s solid growth potential. According to the firm, Linde recently conducted a business review that highlighted its ability to sustain or surpass its 10%+ EPS growth target across a variety of channels.

The firm also noted considerable price and productivity benefits, which became clearer during Linde’s briefing on AI, as well as opportunities for investment and efficiency.

Meanwhile, Mizuho reaffirmed an Outperform rating on Linde plc (NASDAQ:LIN) with a $495 price target following talks with company executives and investors. During these discussions, management confirmed its forecast for combined trendline EPS growth of 8-12%, with 4-6% coming from price and productivity enhancements plus 4-6% from capital allocation measures.

Mizuho reported that Linde’s backlog has lately remained steady, with management projecting it to grow by the end of 2026.

Linde plc (NASDAQ:LIN) is a global industrial gases and engineering company. The company operates the largest liquid hydrogen capacity and distribution system in the world. Its key products include green hydrogen produced via electrolysis, hydrogen refueling solutions, and innovative hydrogen storage and transportation technology.

While we acknowledge the potential of LIN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds.

Disclosure: None. This article is originally published at Insider Monkey.