Linde plc (NASDAQ:LIN) ranks among the top hydrogen stocks to buy now.
On May 5, BofA Securities raised its price objective for Linde plc (NASDAQ:LIN) to $532 from $525, while retaining a Buy rating
The firm raised its 2026 earnings projection by $0.02 per share to $17.88 per share, which remains lower than the first-quarter beat of $0.07 per share, with its second-half 2026 estimates falling slightly. The main cause of the decreased expectation is a drive to commission a significant portion of the Woodside project by 2027. Linde plc (NASDAQ:LIN) is developing and operating a nearby hydrogen and nitrogen supply plant, which will provide low-carbon hydrogen to Woodside’s substantial blue ammonia production.
Meanwhile, BMO Capital boosted Linde plc (NASDAQ:LIN)’s price objective to $560 from an unspecified previous level while maintaining an Outperform rating on the company’s shares. The firm emphasized near-term pricing stability and solid growth in demand in the US refining, electronics, and manufacturing industries as significant drivers of the elevated target. Linde plc (NASDAQ:LIN) is a global industrial gas and engineering firm.