Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Ballard Power Systems Inc Market Cap
From what 19 stock analysts predict, the share price for Ballard Power Systems Inc (BLDP) might increase by 79.04% in the next year. This is based on a 12-month average estimation for BLDP. Price targets go from $1.3 to $6.5. The majority of stock analysts believe BLDP is a hold. Please note analyst price targets are not guaranteed and could be missed completely.
BLDP is a stock in Industrials which has been forecasted to be worth $2.66765 as an average. On the higher end, the forecast price is $6.5 USD by Biju Perincheril from Susquehanna and on the lower end BLDP is forecasted to be $1.3 by from .
These are the latest 20 analyst ratings of BLDP.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Hamir Patel CIBC | Underperformer | $1.4 | Maintains | Nov 6, 2024 |
| Biju Perincheril Susquehanna | Neutral | $1.5 | Maintains | Oct 16, 2024 |
| MacMurray Whale Cormark Securities | Market Perform | Downgrade | Sep 16, 2024 | |
| Michael Glen Raymond James | Market Perform | $3 | Maintains | Aug 14, 2024 |
| Ameet Thakkar BMO Capital | Underperform | $1.7 | Maintains | Aug 13, 2024 |
| Jordan Levy Truist Securities | Hold | $2 | Maintains | Aug 13, 2024 |
| Biju Perincheril Susquehanna | Neutral | $2 | Maintains | Aug 13, 2024 |
| Dushyant Ailani Jefferies | Hold | $2 | Maintains | Aug 13, 2024 |
Lake Street | Buy | $10 | Maintains | Aug 13, 2024 |
| Praneeth Satish Wells Fargo | Underweight | $2 | Maintains | Aug 13, 2024 |
| Hamir Patel CIBC | Underperformer | $1.6 | Downgrade | Aug 13, 2024 |
| Praneeth Satish Wells Fargo | Underweight | $3 | Maintains | May 9, 2024 |
| Hamir Patel CIBC | Neutral | $3.5 | Maintains | May 8, 2024 |
| Samantha Hoh HSBC | Buy | $3.8 | Maintains | May 8, 2024 |
| Jordan Levy Truist Securities | Hold | $3 | Reiterates | May 8, 2024 |
| Michael Glen Raymond James | Market Perform | $4 | Maintains | Mar 13, 2024 |
| Kashy Harrison Piper Sandler | Underweight | $2.3 | Maintains | Mar 13, 2024 |
| Samantha Hoh HSBC | Buy | $4.1 | Maintains | Mar 12, 2024 |
| Praneeth Satish Wells Fargo | Underweight | $3.5 | Maintains | Mar 12, 2024 |
| Ameet Thakkar BMO Capital | Underperform | $3 | Maintains | Mar 12, 2024 |
When did it IPO
1995
Staff Count
1,173
Country
Canada
Sector/Industry
Industrials/Specialty Industrial Machinery
CEO
Mr. R. Randall MacEwen BA, LLB
Market Cap
$446.1M
In 2023, BLDP generated $102.4M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that BLDP's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Mon, 18 Nov 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Ballard Power Systems reported Q3/2024 results with revenues and profitability significantly below expectations, posting a -55.6% gross margin and a 12-month backlog of $58.2 million.
Why It Matters - Ballard Power's significant Q3 losses and negative gross margin indicate weak demand and pricing pressures, raising concerns about future revenue and profitability, impacting investor confidence.
Tue, 05 Nov 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Ballard Power Systems will hold its Q3 2024 earnings conference call on November 5, 2024, at 11:00 AM ET, featuring key company executives and several analysts.
Why It Matters - Ballard Power's Q3 2024 earnings call signals upcoming insights on financial performance, growth strategies, and market positioning, influencing investor sentiment and stock valuation.
Tue, 05 Nov 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Ballard Power Systems reported its third-quarter financial results for 2024, prepared under IFRS. Results are available in U.S. dollars.
Why It Matters - Ballard Power Systems' Q3 financial results impact investor sentiment and stock valuation, revealing performance trends and operational health crucial for future growth prospects.
Tue, 05 Nov 2024
Sentiment - NEUTRAL
Source - Zacks Investment Research
Summary - Ballard (BLDP) reported its quarterly performance for September 2024, highlighting key metrics against Wall Street estimates and year-ago figures for investor evaluation.
Why It Matters - Comparing Ballard's performance metrics to Wall Street estimates and previous year values helps gauge growth potential and market expectations, influencing investment decisions on BLDP.
Tue, 05 Nov 2024
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - Ballard Power Systems (BLDP) reported a quarterly loss of $0.19 per share, exceeding the expected loss of $0.13, compared to a loss of $0.12 per share a year earlier.
Why It Matters - Ballard Power's larger-than-expected quarterly loss signals potential struggles in achieving profitability, which may negatively impact investor sentiment and stock performance.
Mon, 04 Nov 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Ballard Power Systems received a purchase order for 200 fuel cell engines from New Flyer, doubling a previous order, under a long-term supply agreement initiated in January 2024.
Why It Matters - The increase in fuel cell engine orders from Ballard Power indicates strong demand for clean energy solutions, potentially boosting revenue and market confidence in both companies.
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