Core Insights - Linde plc (NASDAQ:LIN) is recognized as one of the top hydrogen and fuel cell stocks to invest in for 2026, with BMO Capital maintaining an Outperform rating and a price target of $501, citing strong growth potential [1] - Mizuho also reaffirmed an Outperform rating with a price target of $495, indicating a projected combined trendline EPS growth of 8-12%, driven by price and productivity enhancements as well as capital allocation measures [3] Company Overview - Linde plc is a global leader in industrial gases and engineering, operating the largest liquid hydrogen capacity and distribution system worldwide, with key products including green hydrogen, hydrogen refueling solutions, and innovative hydrogen storage and transportation technology [4] Financial Performance - Linde's recent business review suggests the company can sustain or exceed its EPS growth target of over 10%, with significant price and productivity benefits highlighted during discussions on AI [2] - The company's backlog has remained steady, with expectations for growth by the end of 2026 [3]

Core Viewpoint - Linde plc is identified as a strong investment opportunity in the hydrogen sector, with UBS maintaining a Buy rating and a price target of $500 based on projected earnings growth and capital allocation strategies [1][2]. Group 1: Earnings and Growth Projections - UBS expects Linde's EPS to grow over 10% in the coming year, driven by 4-6% growth from management actions and another 4-6% from capital allocation, excluding macro growth benefits [1]. - With a 1-2% growth in industrial production, Linde's EPS growth could potentially rise into the low-to-mid teens, indicating strong future performance [2]. Group 2: Market Position and Backlog - Mizuho has lowered its price target for Linde to $495 from $520 but maintains an Outperform rating, citing stable project backlog and expected growth by the end of 2026 [3]. - Linde's focus on high-potential areas such as clean energy projects, electronics, and commercial space launches presents significant growth potential for the stock [3]. Group 3: Company Overview - Linde plc operates as a global industrial gases and engineering company, holding the largest liquid hydrogen capacity and distribution system worldwide [4]. - The company's primary products include green hydrogen produced through electrolysis, hydrogen refueling solutions, and advanced technologies for hydrogen storage and transportation [4].