Chart Industries and Flowserve Announce Merger Agreement

Chart Industries ( (GTLS) ) has shared an update.

On June 3, 2025, Chart Industries and Flowserve Corporation announced a merger agreement to combine in an all-stock merger of equals, creating a leader in industrial process technologies. The merger, unanimously approved by both companies’ boards, will establish a company with an enterprise value of approximately $19 billion, headquartered in Dallas, Texas. The combined company aims to generate $300 million in annual cost synergies within three years and expects to be accretive to adjusted EPS in the first year. The merger will enhance the companies’ capabilities across various industrial sectors and expand their aftermarket services, with the transaction expected to close in the fourth quarter of 2025, subject to shareholder and regulatory approvals.

The most recent analyst rating on (GTLS) stock is a Buy with a $199.00 price target. To see the full list of analyst forecasts on Chart Industries stock, see the GTLS Stock Forecast page.

Spark’s Take on GTLS Stock

According to Spark, TipRanks’ AI Analyst, GTLS is a Outperform.

Chart Industries shows strong financial performance and positive earnings call sentiment, with robust order and sales growth. Technical analysis and valuation present some concerns due to volatility and high P/E ratio, but the company’s strategic direction and governance are positively viewed, contributing to a solid overall stock score.

To see Spark’s full report on GTLS stock, click here.

More about Chart Industries

Chart Industries, Inc. is a global leader in the design, engineering, and manufacturing of process technologies and equipment for gas and liquid molecule handling, focusing on clean power, water, food, and industrials. Its products are used throughout the liquid gas supply chain, including engineering, service, repair, and digital monitoring.

Average Trading Volume: 706,210

Technical Sentiment Signal: Buy

Current Market Cap: $7.09B

For a thorough assessment of GTLS stock, go to TipRanks’ Stock Analysis page.