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BLDP Overview

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0.000(0.000%)
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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
2.280
Open
2.115
VWAP
2.18
Vol
9.78M
Mkt Cap
646.59M
Low
2.110
Amount
21.31M
EV/EBITDA(TTM)
--
Total Shares
300.74M
EV
138.86M
EV/OCF(TTM)
--
P/S(TTM)
7.11
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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Events Timeline

(ET)
2026-03-11
09:40:00
National Bank Calls Ballard Power's New Flyer Deal a Positive Development
select
2026-03-10 (ET)
2026-03-10
20:10:00
Ballard Power Systems Reaches Agreement for 500 Fuel Cell Engines with New Flyer
select
2025-11-13 (ET)
2025-11-13
07:35:15
Ballard Power announces Q3 adjusted EPS of 9 cents, below consensus estimate of 10 cents
select

News

seekingalpha
9.5
03-11seekingalpha
PinnedBallard Power Systems to Announce Q4 Earnings on March 12
  • Earnings Announcement: Ballard Power Systems is set to release its Q4 2023 earnings on March 12 before market open, with consensus EPS estimate at -$0.08 and revenue forecast at $32.24 million, reflecting a 31.6% year-over-year growth.
  • Performance Expectations: Over the past year, Ballard has only beaten EPS estimates 25% of the time, while achieving revenue beats 50% of the time, indicating uncertainty in its profitability trajectory.
  • Estimate Revision Trends: In the last three months, EPS estimates have seen no upward revisions and two downward adjustments, while revenue estimates experienced two upward revisions and one downward, suggesting a cautious market outlook on the company's performance.
  • Commercial Agreement Impact: The agreement with New Flyer for 50 MW of fuel cell bus engines is expected to enhance Ballard's market share and brand presence in the clean energy sector, potentially driving future growth opportunities.
seekingalpha
9.5
03-11seekingalpha
Major Earnings Reports Expected Thursday After the Bell
  • Earnings Report Preview: Major companies including Li Auto (LI), SNDL, and Dollar General (DG) are set to release earnings after the bell on Thursday, with market participants keenly observing their performance and potential stock price impacts.
  • Diverse Company Participation: In addition to Li Auto and Dollar General, Ballard Power Systems (BLDP) and DICK'S Sporting Goods (DKS) are also on the earnings release list, indicating a diverse range of industry involvement.
  • Market Reaction Expectations: Investors will closely monitor these earnings reports to assess company performance in the current economic climate, particularly in light of shifts in consumer behavior and energy sectors.
  • Comprehensive Earnings Calendar: Seeking Alpha provides a full earnings season calendar, assisting investors in tracking upcoming earnings information to optimize their investment decisions.
seekingalpha
7.5
03-11seekingalpha
Ballard Power Systems Secures Major Agreement with New Flyer
  • Agreement Reached: Ballard Power Systems has signed a commercial agreement with New Flyer, a subsidiary of NFI Group, for 500 FCmove®-HD+ fuel cell engines, totaling 50 MW, marking New Flyer's largest single commitment since the partnership began.
  • Delivery Timeline: Deliveries are set to commence in 2026, powering New Flyer's Xcelsior CHARGE FC™ hydrogen fuel cell buses, which will significantly advance the transition to zero-emission transportation.
  • Growing Market Demand: New Flyer executives highlighted that this agreement is a key component of their long-standing partnership, showcasing Ballard's capability to serve as a diesel replacement across various environments and routes amid increasing demand for fuel cell buses.
  • Strategic Implications: This agreement not only solidifies Ballard's market position in sustainable transportation solutions but also provides robust support for the future of zero-emission transport, aligning with global trends towards clean energy transitions.
Yahoo Finance
7.5
03-11Yahoo Finance
Ballard Power Systems Enters Commercial Agreement with New Flyer
  • Commercial Agreement: Ballard Power Systems has entered into a commercial agreement with New Flyer, marking a significant step forward in collaboration within the hydrogen fuel cell sector, which is expected to enhance technology applications in public transportation.
  • Market Potential: This agreement is poised to assist Ballard in penetrating the hydrogen energy market, particularly within public transit systems, likely increasing its market share and brand influence.
  • Technology Integration: Through collaboration with New Flyer, Ballard will integrate its hydrogen fuel cell technology into New Flyer’s bus products, thereby enhancing the environmental performance and operational efficiency of these vehicles.
  • Future Outlook: This agreement not only provides new business opportunities for both parties but may also promote the application of hydrogen technology across broader transportation sectors, advancing the development of sustainable transportation solutions.
PRnewswire
7.5
03-11PRnewswire
Ballard Partners with New Flyer for 500 Fuel Cell Engines Agreement
  • Agreement Reached: Ballard Power Systems has signed a commercial agreement with New Flyer for 500 FCmove®-HD+ fuel cell engines, totaling 50 MW, marking New Flyer's largest single commitment since the partnership began, with deliveries set to start in 2026 to enhance hydrogen fuel cell bus deployment across North America.
  • Trust in Technology: New Flyer has consistently trusted Ballard over the past decade, deepening their partnership, as Ballard's fuel cell engines provide the necessary range, rapid refueling, and reliable performance, enabling New Flyer to accelerate zero-emission vehicle deployments in response to growing market demand for sustainable transportation.
  • Global Operational Data: Currently, Ballard-powered fleets exceed 2,200 fuel cell buses, collectively logging over 250 million kilometers with a 98% availability rate and zero reported safety incidents, showcasing the reliability of their technology and laying a strong foundation for future market expansion.
  • Value-Added Services: Ballard also offers additional fleet services, including training, technical support, parts supply, and operational monitoring, which unlock further value for customers, enhancing fleet performance and strengthening competitive positioning in the transition to zero-emission transportation.
PRnewswire
7.5
03-11PRnewswire
Ballard Partners with New Flyer for 500 Fuel Cell Engines Agreement
  • Agreement Reached: Ballard Power Systems has signed a commercial agreement with New Flyer for 500 FCmove®-HD+ fuel cell engines, totaling 50 MW, marking New Flyer's largest single commitment since the partnership began, with deliveries set to start in 2026 to power hydrogen fuel cell buses across North America.
  • Growing Market Demand: With increasing demand for fuel cell buses, New Flyer is excited to continue its partnership with Ballard, leveraging their technological advantages to support the transition to zero-emission transportation, thereby reinforcing its leadership position in the heavy-duty bus market.
  • Global Operational Data: Currently, Ballard-powered fleets have grown to over 2,200 buses, collectively logging more than 250 million kilometers with a 98% availability rate and zero reported safety incidents, demonstrating the reliability of its technology and market acceptance.
  • Value-Added Services: Ballard enhances fleet performance by providing additional services such as training, technical support, parts supply, and operational monitoring, which strengthens long-term partnerships with customers and ensures competitiveness in future markets.
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
Jeff Osborne
Sell
to
Hold
upgrade
$2.50
AI Analysis
2026-01-09
Reason
TD Cowen
Jeff Osborne
Price Target
$2.50
AI Analysis
2026-01-09
upgrade
Sell
to
Hold
Reason
TD Cowen analyst Jeff Osborne upgraded Ballard Power to Hold from Sell with a $2.50 price target. The firm still expects 2026 to remain a challenging year for hydrogen fuel cells. However, Ballard has removed near-term negative catalysts through its restructuring, spending cuts, strategic exits from China and Texas, and a focus on the European and U.S. transit markets, the analyst tells investors in a research note. As such, TD sees a more balanced risk/reward at current share levels.
Roth Capital
Neutral
maintain
$3
2025-11-17
Reason
Roth Capital
Price Target
$3
2025-11-17
maintain
Neutral
Reason
Roth Capital raised the firm's price target on Ballard Power to $3 from $1.80 and keeps a Neutral rating on the shares. Ballard reported Q3 revenue and gross margins well above estimates, but backlog declined on delayed orders, the analyst tells investors in a research note. The firm is incrementally positive on management's strategic actions, but awaits improved growth visibility.
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 -10.58, compared to its 5-year average forward P/E of -19.03. 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
-19.03
Current PE
-10.58
Overvalued PE
6.17
Undervalued PE
-44.23

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
-14.56
Current EV/EBITDA
-4.21
Overvalued EV/EBITDA
12.96
Undervalued EV/EBITDA
-42.09

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
17.75
Current PS
7.39
Overvalued PS
32.86
Undervalued PS
2.63

Financials

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Whales Holding BLDP

W
Weichai Power Co., Ltd.
Holding
BLDP
-12.52%
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 2.15 USD — it has increased 9.14

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 32.50M USD, increased 120.26

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 -0.09 USD, decreased -86.76

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

Ballard Power Systems Inc (BLDP) has 887 emplpoyees as of March 12 2026.

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

Today BLDP has the market capitalization of 646.59M USD.