BLDP
Ballard Power Systems Inc
$
2.040
- Overview
- Forecast
- Valuation
- Earnings
Line
|
Candle
1D
5D
1M
3M
6M
YTD
1Y
5Y
High
2.070
Open
2.020
VWAP
2.02
Vol
6.34M
Mkt Cap
611.66M
Low
1.920
Amount
12.77M
EV/EBITDA(TTM)
--
Total Shares
299.39M
EV
10.43M
EV/OCF(TTM)
--
P/S(TTM)
8.00
Ballard Power Systems Inc. is engaged in the design, development, manufacture, sale and service of proton exchange membrane (PEM) fuel cell products for a variety of applications, focusing on power products for bus, truck, rail, marine, stationary and emerging market (material handling, off-road and other) applications, as well as the delivery of services, including technology solutions, after sales services and training. The Company operates through fuel cell products and services segment. Embedded in each Ballard fuel cell product lies a stack of unit cells designed with its PEM fuel cell technology that includes membrane electrode assemblies, catalysts, plates, and other key components, and draw on intellectual property from its patent portfolio, together with its experience and know-how, in key areas of PEM fuel cell stack design, operation, production processes and systems integration.
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Market Estimates
Earnings Estimates
Revenue
YoY Chg
EPS
YoYChg
FY2025Q2
FY2025Q3
FY2025Q4
18.03M
+12.72%
-0.095
-9.34%
25.45M
+72.48%
-0.105
-45.99%
33.61M
+37.07%
-0.102
-18.67%
Estimates Revision
The market is revising Downward the revenue expectations for Ballard Power Systems Inc. (BLDP) for FY2025, with the revenue forecasts being adjusted by -6.34% over the past three months. During the same period, the stock price has changed by 82.14%.
Revenue Estimates for FY2025
Revise Downward
-6.34%
In Past 3 Month
EPS Estimates for FY2025
Revise Downward
-14.7%
In Past 3 Month
Stock Price
Go Up
+82.14%
In Past 3 Month
10 Analyst Rating
-32.84% Downside
Wall Street analysts forecast BLDP stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for BLDP is 1.37 USD with a low forecast of 1.00 USD and a high forecast of 2.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
6 Hold
4 Sell
Moderate Sell
-32.84% Downside
Current: 2.040
Low
1.00
Averages
1.37
High
2.00
-32.84% Downside
Current: 2.040
Low
1.00
Averages
1.37
High
2.00
Susquehanna
Charles Minervino
Neutral
maintain
$2
2025-07-21
New
Reason
Susquehanna
Charles Minervino
Price Target
$2
2025-07-21
New
maintain
Neutral
Reason
Susquehanna analyst Charles Minervino raised the firm's price target on Ballard Power to $2 from $1.30 and keeps a Neutral rating on the shares. The firm updated alternative energy estimates and targets ahead of the Q2 reports. Susquehanna remains cautious on the group due to uncertainty around tariffs and the repeal of subsidy provisions of the Inflation Reduction Act. Given policy and market headwinds, the firm likes companies with a domestic manufacturing presence and "robust backlogs" like First Solar (FSLR) and GE Vernova (GEV).
UBS
Neutral
downgrade
$2
2025-05-12
Reason
UBS
Price Target
$2
2025-05-12
downgrade
Neutral
Reason
UBS lowered the firm's price target on Ballard Power to $1.40 from $2 and keeps a Neutral rating on the shares.
Citigroup
Vikram Bagri
Hold
to
Strong Sell
Downgrades
n/a
2025-04-17
Reason
Citigroup
Vikram Bagri
Price Target
n/a
2025-04-17
Downgrades
Hold
to
Strong Sell
Reason
Citi analyst Vikram Bagri downgraded Ballard Power to Sell from Neutral with a price target of $1, down from $1.50. The firm believes the macro headwinds faced by green hydrogen economy will prove to be difficult to overcome. Ballard's headwinds include uncertainty on tax credits, delays to existing funding, push outs of funding on projects, prevalence of lower cost technologies, weakness of certain customers, and competition from established players, the analyst tells investors in a research note. Citi says this all weighs on the outlook for truck adoption of hydrogen.
Susquehanna
Biju Perincheril
Hold
Maintains
$1.4 → $1.3
2025-04-14
Reason
Susquehanna
Biju Perincheril
Price Target
$1.4 → $1.3
2025-04-14
Maintains
Hold
Reason
BMO Capital
Ameet Thakkar
Sell
Maintains
$1.3 → $1.2
2025-03-14
Reason
BMO Capital
Ameet Thakkar
Price Target
$1.3 → $1.2
2025-03-14
Maintains
Sell
Reason
BMO Capital lowered the firm's price target on Ballard Power to $1.20 from $1.30 and keeps an Underperform rating on the shares after its latest results highlighted another marker of a difficult year for the hydrogen fuel cell industry. The firm is encouraged by record order intake of $75.4M during Q4, particularly following two quarters of significant sequential backlog declines, but Ballard's profitability remains constrained by its ability to scale beyond this, the analyst tells investors in a research note.
Roth MKM
Craig Irwin
Hold
Maintains
$1.75 → $1.25
2025-03-14
Reason
Roth MKM
Craig Irwin
Price Target
$1.75 → $1.25
2025-03-14
Maintains
Hold
Reason
Roth MKM lowered the firm's price target on Ballard Power to $1.25 from $1.75 and keeps a Neutral rating on the shares. The company posted a Q4 earnings miss vs. consensus, and while the $50M higher backlog growth from Q3 was impressive, Ballard faces execution risks as 40% of orders from North America where available subsidies are uncertain and the $39M Q3 de-booking leaves unanswered questions, the analyst tells investors in a research note.
See All Ratings
Valuation Metrics
The current forward P/E ratio for Ballard Power Systems Inc (BLDP.O) is -5.48, compared to its 5-year average forward P/E of -31.82. For a more detailed relative valuation and DCF analysis to assess Ballard Power Systems Inc 's fair value, click here.
Forward PE
The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
N/A
5Y Average PE
-31.82
Current PE
-5.48
Overvalued PE
8.28
Undervalued PE
-71.92
Forward EV/EBITDA
The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
N/A
5Y Average EV/EBITDA
-32.52
Current EV/EBITDA
0.03
Overvalued EV/EBITDA
20.70
Undervalued EV/EBITDA
-85.73
Forward PS
The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
Fair
5Y Average PS
23.17
Current PS
5.95
Overvalued PS
44.22
Undervalued PS
2.12
Financials
Annual
Quarterly
FY2025Q1
YoY :
+6.48%
15.39M
Total Revenue
FY2025Q1
YoY :
-30.25%
-29.27M
Operating Profit
FY2025Q1
YoY :
-48.78%
-21.04M
Net Income after Tax
FY2025Q1
YoY :
-50.00%
-0.07
EPS - Diluted
FY2025Q1
YoY :
-1.44%
-27.07M
Free Cash Flow
FY2025Q1
YoY :
-37.42%
-23.45
Gross Profit Margin - %
FY2025Q1
YoY :
+58.43%
-191.49
FCF Margin - %
FY2025Q1
YoY :
-51.89%
-136.70
Net Margin - %
Trading Trends
Insider
Insiders are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
0.0
USD
0
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
Hedge Fund
Hedge Funds are Neutral. There are no significant trading trends over the last quarter.
Sold
0-3
Months
0.0
Volume
0
3-6
Months
0.0
Volume
0
6-9
Months
7.5K
Volume
2
0-12
Months
0.0
Volume
0
Bought
0-3
0
0.0
Volume
Months
3-6
0
0.0
Volume
Months
6-9
0
0.0
Volume
Months
0-12
0
0.0
Volume
Months
Congress Trading
Congress are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
0.0
USD
0
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
Insider
Insiders are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
0.0
USD
0
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
BLDP News & Events
Events Timeline
2025-07-21 (ET)
2025-07-21
20:31:23
Ballard Power announces order for 6.4 MW to eCap Marine for Samskip vessels
2025-06-30 (ET)
2025-06-30
08:30:01
Senate version of budget bill positive for First Solar, Sunrun, says BMO Capital
2025-06-16 (ET)
2025-06-16
18:03:32
Ballard Power CEO Randy MacEwen to step down, Marty Neese to succeed
Sign Up For More Events
Sign Up For More Events
News
6.0
07-22NewsfilterPinnedBallard announces order for 6.4 MW to eCap Marine for Samskip vessels
6.0
07-22PRnewswireBallard anuncia un pedido de 6,4 MW a eCap Marine para los buques Samskip
6.0
07-22PRnewswireBallard gibt Auftrag über 6,4 MW an eCap Marine für Samskip-Schiffe bekannt
Sign Up For More News
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FAQ
What is Ballard Power Systems Inc (BLDP) stock price today?
The current price of BLDP is 2.04 USD — it has increased 5.15 % in the last trading day.
What is Ballard Power Systems Inc (BLDP)'s business?
What is the price predicton of BLDP Stock?
What is Ballard Power Systems Inc (BLDP)'s revenue for the last quarter?
What is Ballard Power Systems Inc (BLDP)'s earnings per share (EPS) for the last quarter?
What changes have occurred in the market's expectations for Ballard Power Systems Inc (BLDP)'s fundamentals?
How many employees does Ballard Power Systems Inc (BLDP). have?