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BLDP Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
4.235
Open
4.070
VWAP
4.16
Vol
6.29M
Mkt Cap
1.42B
Low
4.030
Amount
26.14M
EV/EBITDA(TTM)
--
Total Shares
301.48M
EV
740.79M
EV/OCF(TTM)
--
P/S(TTM)
12.52
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.
Show More

Events Timeline

(ET)
2026-05-05
07:40:00
Ballard Q1 Revenue at $19.4M, Below Consensus
select
2026-05-05
07:40:00
Sees FY26 Total Operating Expense at $65M-$75M
select
2026-04-13 (ET)
2026-04-13
07:40:00
Ballard Power Systems Appoints Ralph Robinett as COO
select

News

PRnewswire
8.5
05-07PRnewswire
Ballard Partners with Wrightbus for Next-Gen Hydrogen Bus
  • Partnership Milestone: Wrightbus has officially nominated Ballard as the fuel cell supplier for its next-generation StreetDeck Hydroliner Gen 3.0 hydrogen bus platform, marking a significant advancement in their long-standing collaboration, with series production expected to commence in 2027.
  • Technical Advantages: Ballard's FCmove®-SC hydrogen fuel cell engine offers higher efficiency and extended durability, designed to reduce total cost of ownership (TCO) for transit operators, particularly beneficial for long-range, high-utilization duty cycles, showcasing operational advantages over battery-electric buses.
  • Market Expansion: Currently, Ballard-powered fleets have grown to over 2,200 fuel cell buses, collectively logging over 300 million kilometers with 98% availability and zero reported safety incidents, demonstrating strong reliability and influence in the global market.
  • Future Outlook: Wrightbus' Chief Procurement Officer stated that the launch of the next-generation hydrogen bus will leverage Ballard's fuel cell technology to achieve a TCO comparable to battery-electric buses, thereby accelerating the rollout of hydrogen mobility across key markets.
PRnewswire
7.5
05-07PRnewswire
Ballard Nominated as Fuel Cell Supplier for Wrightbus' Next-Gen Hydrogen Bus
  • Collaboration Milestone: Wrightbus has formally nominated Ballard as the fuel cell supplier for its next-generation StreetDeck Hydroliner Gen 3.0 hydrogen bus platform, marking a significant advancement in their long-standing partnership and is expected to enhance market acceptance of hydrogen buses.
  • New Product Integration: Ballard's FCmove®-SC hydrogen fuel cell engine will be integrated into Wrightbus's double-decker hydrogen fuel cell electric bus, with series production slated to begin in 2027, thereby improving operational efficiency and economics for transit operators.
  • Market Potential: The high efficiency and simplified architecture of the FCmove®-SC engine will reduce total cost of ownership (TCO) for transit operators, particularly in long-range, high-utilization duty cycles, showcasing the operational advantages of hydrogen fuel cell buses over battery-electric alternatives.
  • Global Impact: Currently, Ballard-powered fleets exceed 2,200 fuel cell buses, collectively logging over 300 million kilometers with 98% availability and zero reported safety incidents, demonstrating its strong influence and reliability in the global hydrogen bus market.
Newsfilter
7.5
05-07Newsfilter
Ballard Partners with Wrightbus for Next-Gen Hydrogen Bus Platform
  • Partnership Milestone: Wrightbus has formally nominated Ballard as the fuel cell supplier for its next-generation StreetDeck Hydroliner Gen 3.0 hydrogen bus, marking a significant advancement in their long-standing collaboration, with series production set to begin in 2027.
  • High-Efficiency Engine: Ballard's FCmove®-SC hydrogen fuel cell engine, launched in late 2025, offers higher efficiency and extended durability, aimed at reducing total cost of ownership (TCO) for transit operators, thereby enhancing the market competitiveness of hydrogen fuel cell buses.
  • Global Impact: Currently, Ballard-powered fleets exceed 2,200 buses, collectively logging over 300 million kilometers with a 98% availability rate and zero reported safety incidents, showcasing its strong capabilities and market trust in the hydrogen bus sector.
  • Future Outlook: Wrightbus' Chief Procurement Officer stated that the partnership will accelerate the rollout of hydrogen mobility, aiming to provide a TCO comparable to battery-electric buses to meet the high efficiency demands of daily operations, further promoting sustainable transportation development.
PRnewswire
7.5
05-06PRnewswire
Ballard Partners with Solaris for Next-Gen Hydrogen Bus
  • Partnership Milestone: Solaris has officially selected Ballard as the fuel cell supplier for its next-generation hydrogen bus, marking a significant deepening of their long-term collaboration and is expected to drive the adoption of hydrogen fuel buses in the European market.
  • Technology Integration: Ballard's FCmove®-SC hydrogen fuel cell engine will be integrated into Solaris's Generation 2 FCEV bus, delivering higher efficiency and extended durability, thereby reducing the total cost of ownership (TCO) for transit operators.
  • Market Impact: Ballard currently operates over 2,200 fuel cell buses worldwide, collectively logging over 300 million kilometers with 98% availability and zero reported safety incidents, demonstrating the operational advantages of hydrogen fuel buses in long-range, high-utilization duty cycles.
  • Strategic Adjustment: The transaction updates the existing long-term service agreement (LTSA) to extend through 2029, aligning commercial terms with next-gen bus deliveries, further reinforcing Solaris's confidence in Ballard's capabilities and partnership.
PRnewswire
7.5
05-06PRnewswire
Ballard Partners with Solaris for Next-Gen Hydrogen Bus
  • Partnership Milestone: Solaris has officially selected Ballard as the fuel cell supplier for its next-generation hydrogen bus, marking a significant deepening of their long-standing partnership, which is expected to enhance market acceptance and sales of hydrogen fuel buses.
  • Technology Integration: Ballard's FCmove®-SC hydrogen fuel cell engine will be integrated into Solaris's Generation 2 FCEV bus, with this high-efficiency platform set to improve overall bus performance and operational efficiency while reducing total cost of ownership for transit operators.
  • Contract Update: The collaboration includes an update to the existing long-term service agreement, extending it to 2029 to align with the delivery of the next-gen buses, thereby strengthening the strategic partnership between the two companies.
  • Market Impact: Currently, Ballard's fleet of fuel cell buses exceeds 2,200 units, collectively logging over 300 million kilometers with a 98% availability rate and zero safety incidents, demonstrating the operational advantages of hydrogen fuel buses in long-range, high-utilization duty cycles, further solidifying Ballard's leadership position in the global market.
Newsfilter
7.5
05-06Newsfilter
Ballard Partners with Solaris for Next-Gen Hydrogen Bus Development
  • Partnership Milestone: Solaris has officially selected Ballard as the fuel cell supplier for its next-generation hydrogen bus, marking a significant advancement in their long-standing collaboration, which is expected to enhance market acceptance and application of hydrogen fuel buses.
  • Technology Integration: Ballard's FCmove®-SC hydrogen fuel cell engine will be integrated into Solaris's Generation 2 FCEV bus, with this high-efficiency platform set to improve overall bus performance and operational efficiency while reducing total cost of ownership.
  • Market Expansion: Ballard currently operates over 2,200 fuel cell buses worldwide, collectively logging over 300 million kilometers with 98% availability and zero reported safety incidents, showcasing its strong competitive position in the hydrogen fuel bus market.
  • Long-Term Strategy: The collaboration extends the existing long-term service agreement to 2029, ensuring alignment on future commercial terms and further solidifying Ballard's position in Europe's mature bus market.
Wall Street analysts forecast BLDP stock price to rise
4 Analyst Rating
Wall Street analysts forecast BLDP stock price to rise
0 Buy
4 Hold
0 Sell
Hold
Current: 0.000
sliders
Low
2.50
Averages
2.93
High
3.30
Current: 0.000
sliders
Low
2.50
Averages
2.93
High
3.30
TD Cowen
Hold
to
Hold
upgrade
AI Analysis
2026-05-06
New
Reason
TD Cowen
Price Target
AI Analysis
2026-05-06
New
upgrade
Hold
to
Hold
Reason
TD Cowen raised the firm's price target on Ballard Power to $4.25 from $2.50 and keeps a Hold rating on the shares. The firm said the company delivered a third straight quarter of positive gross margin on 26% revenue growth, with OPEX down 36% and cash burn cut 65%, while securing three multi-year next-gen bus platform wins.
Lake Street
Hold
to
Buy
upgrade
$3 -> $5
2026-05-05
Reason
Lake Street
Price Target
$3 -> $5
2026-05-05
upgrade
Hold
to
Buy
Reason
As previously reported, Lake Street upgraded Ballard Power to Buy from Hold with a price target of $5, up from $3, citing improving order activity in the bus market and the optionality in the data center power-related stationary market. Ballard continues to make "excellent progress" with improving gross margins and order activity, which increases the firm's confidence that the company can reach the goal of cash flow breakeven exiting 2027, the analyst tells investors.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for BLDP
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Valuation Metrics

The current forward P/E ratio for Ballard Power Systems Inc (BLDP.O) is 98.04, compared to its 5-year average forward P/E of -8.33. 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.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-8.33
Current PE
98.04
Overvalued PE
26.59
Undervalued PE
-43.25

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.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-10.49
Current EV/EBITDA
-7.58
Overvalued EV/EBITDA
9.06
Undervalued EV/EBITDA
-30.03

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.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
15.44
Current PS
8.51
Overvalued PS
27.94
Undervalued PS
2.94

Financials

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Whales Holding BLDP

W
Weichai Power Co., Ltd.
Holding
BLDP
-12.17%
3M Return

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Frequently Asked Questions

What is Ballard Power Systems Inc (BLDP) stock price today?

The current price of BLDP is 4.21 USD — it has increased 1.94

What is Ballard Power Systems Inc (BLDP)'s business?

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.

What is the price predicton of BLDP Stock?

Wall Street analysts forecast BLDP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BLDP is2.93 USD with a low forecast of 2.50 USD and a high forecast of 3.30 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.

What is Ballard Power Systems Inc (BLDP)'s revenue for the last quarter?

Ballard Power Systems Inc revenue for the last quarter amounts to 33.64M USD, increased 37.19

What is Ballard Power Systems Inc (BLDP)'s earnings per share (EPS) for the last quarter?

Ballard Power Systems Inc. EPS for the last quarter amounts to -0.06 USD, decreased -62.50

How many employees does Ballard Power Systems Inc (BLDP). have?

Ballard Power Systems Inc (BLDP) has 492 emplpoyees as of May 11 2026.

What is Ballard Power Systems Inc (BLDP) market cap?

Today BLDP has the market capitalization of 1.42B USD.