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BLDP Overview

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$
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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
4.390
Open
4.270
VWAP
4.29
Vol
8.62M
Mkt Cap
1.32B
Low
4.100
Amount
36.97M
EV/EBITDA(TTM)
--
Total Shares
301.48M
EV
828.73M
EV/OCF(TTM)
--
P/S(TTM)
12.79
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)
2026-06-16
05:30:00
Ballard Power Secures Order for 150 Fuel Cell Systems
select
2026-05-15 (ET)
2026-05-15
05:20:00
Weichai Power Board Nominees Resign from Ballard
select
2026-05-05 (ET)
2026-05-05
07:40:00
Sees FY26 Total Operating Expense at $65M-$75M
select

News

seekingalpha
8.5
06-16seekingalpha
Ballard Power Secures 15 MW Fuel Cell Order for Off-Grid Applications
  • Order Expansion: Ballard Power Systems has received a 15 megawatt fuel cell system order from a renewable off-grid power generation company, comprising 150 FCmove®-HD+ 100 kW fuel cell modules, indicating sustained demand for zero-emission solutions.
  • Market Recognition: This marks the second order of this scale from the customer since 2024, highlighting the market's endorsement of the FCmove®-HD+ module's ability to deliver quiet, clean, and economical low-carbon power, thereby reinforcing Ballard's position in the industry.
  • Delivery Timeline: Deliveries are expected to commence in the second half of 2026, with the fuel cell modules being utilized in hydrogen gensets for applications ranging from live events to critical infrastructure, showcasing the broad market applicability.
  • Strategic Implications: CEO Marty Neese emphasized that this order reflects ongoing market adoption of zero-emission fuel cell solutions, indicating the company's positive progress in advancing low-carbon power solutions in alignment with global sustainability trends.
PRnewswire
8.5
06-16PRnewswire
Ballard Secures 15 MW Fuel Cell Order for Off-Grid Applications
  • Order Expansion: Ballard Power Systems has secured a 15 MW fuel cell system order from a renewable off-grid power generation company, comprising 150 FCmove®-HD+ 100 kW modules, indicating sustained market demand for zero-emission solutions.
  • Delivery Timeline: Deliveries for this order are expected to commence in the second half of 2026, with the modules being utilized in hydrogen gensets for applications ranging from live events to critical infrastructure, thereby expanding the company's market reach.
  • Increased Market Credibility: CEO Marty Neese highlighted that this order not only reflects customer trust in the FCmove®-HD+ module but also signifies market endorsement for clean, economical, and reliable low-carbon power solutions, enhancing the company's brand image.
  • Integrated Service Advantage: Ballard's fuel cell systems, paired with predictive maintenance and performance optimization services, enable comprehensive support for customers in delivering clean and reliable hydrogen power solutions, thereby strengthening the company's competitive position in the renewable energy sector.
PRnewswire
8.5
06-16PRnewswire
Ballard Secures 15 MW Fuel Cell Order for Off-Grid Applications
  • Order Expansion: Ballard Power Systems has secured a 15 MW fuel cell system order from a renewable off-grid power generation company, comprising 150 FCmove®-HD+ 100 kW modules, marking the second large-scale order since 2024, indicating sustained market demand for zero-emission solutions.
  • Delivery Timeline: Deliveries for this order are expected to commence in the second half of 2026, with the fuel cells being utilized in hydrogen gensets for applications ranging from live events to critical infrastructure, thereby broadening Ballard's market application landscape.
  • Increased Market Recognition: CEO Marty Neese highlighted that this order reflects market endorsement of the FCmove®-HD+ module's capabilities in providing quiet, clean, economical, and reliable low-carbon power, enhancing the company's competitive position in the renewable energy sector.
  • Integrated Service Support: Ballard's integrated services, including predictive maintenance and performance optimization, fully support customers in delivering clean and reliable hydrogen power solutions, further enhancing customer satisfaction and market competitiveness.
Newsfilter
7.5
06-16Newsfilter
Ballard Secures 15 MW Fuel Cell Order for Off-Grid Applications
  • Order Expansion: Ballard Power Systems has secured a 15 MW fuel cell system order from a renewable off-grid power generation company, comprising 150 FCmove®-HD+ 100 kW modules, indicating sustained market demand for zero-emission solutions.
  • Delivery Timeline: Deliveries for this order are expected to commence in the second half of 2026, primarily for hydrogen gensets used in applications ranging from live events to critical infrastructure, further expanding the company's market applications.
  • Increased Market Credibility: CEO Marty Neese emphasized that this order not only reflects customer trust in the FCmove®-HD+ module but also showcases the company's capability to provide quiet, clean, and economical low-carbon power, enhancing brand reputation.
  • Integrated Service Support: Ballard's integrated services, including predictive maintenance and performance optimization, ensure that customers receive reliable hydrogen power solutions, thereby increasing customer satisfaction and market competitiveness.
PRnewswire
5.0
06-04PRnewswire
Ballard Power Systems Announces 2026 AGM Results
  • Board Election Results: At the 2026 AGM, all directors of Ballard Power Systems were re-elected with significant shareholder support, notably Kathy Bayless receiving 98.21% of votes, reflecting strong confidence in the current management team.
  • Director Resignations: Janet Woodruff resigned from her board position effective June 2, 2026, while Weichai nominees Michael Chen and Huajie Wang stepped down on May 13, 2026, which may impact the company's strategic direction and governance structure moving forward.
  • Auditor Reappointment: KPMG LLP was reappointed as the company's auditor with 87.02% approval, indicating shareholder confidence in the quality of audits and reflecting the company's ongoing commitment to financial transparency.
  • Executive Compensation Approval: An advisory vote on executive compensation received 90.75% support, demonstrating shareholder endorsement of the company's pay policies, which will aid in attracting and retaining key talent to drive future growth.
PRnewswire
5.0
06-04PRnewswire
Ballard Power Systems 2026 AGM Results Announced
  • Board Election Results: At the 2026 AGM, all directors of Ballard Power Systems were re-elected with significant shareholder support, notably Kathy Bayless and Jacqueline Dedo receiving 98.21% and 98.78% of votes respectively, indicating strong confidence in the leadership.
  • Director Resignations: Janet Woodruff resigned from her board position effective June 2, 2026, while Weichai nominees Michael Chen and Huajie Wang stepped down on May 13, 2026, which may impact the company's strategic direction and decision-making processes moving forward.
  • Auditor Reappointment: KPMG LLP was reappointed as the company’s auditor, receiving 78,660,927 votes in favor (87.02%), reflecting shareholders' emphasis on audit quality and expectations for financial transparency.
  • Executive Compensation Approval: The advisory vote on executive compensation passed with 66,381,017 votes in favor (90.75%), demonstrating shareholder approval of the compensation policy, which may aid in attracting and retaining key talent.
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
Susquehanna
Neutral
maintain
AI Analysis
2026-05-20
Reason
Susquehanna
Price Target
AI Analysis
2026-05-20
maintain
Neutral
Reason
Susquehanna raised the firm's price target on Ballard Power to $4.25 from $2.60 and keeps a Neutral rating on the shares. The firm said the company reported 1Q results, with a beat on EPS but revenue coming in below estimates. The margin story continues to improve, with positive gross margins for a third straight quarter on lower product costs and restructuring savings. Ballard also secured contract wins with Wrightbus and Solaris for its FCmove-SC engine, adding to the New Flyer agreement announced previously.
TD Cowen
Hold
to
Hold
upgrade
2026-05-06
Reason
TD Cowen
Price Target
2026-05-06
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.
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 -4.04. 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
-4.04
Current PE
98.04
Overvalued PE
32.49
Undervalued PE
-40.56

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
-8.83
Current EV/EBITDA
-8.84
Overvalued EV/EBITDA
7.10
Undervalued EV/EBITDA
-24.77

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
14.65
Current PS
9.14
Overvalued PS
26.31
Undervalued PS
2.99

Financials

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Whales Holding BLDP

W
Weichai Power Co., Ltd.
Holding
BLDP
-29.47%
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 4.37 USD — it has increased 5.05

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 19.42M USD, increased 26.20

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 -0.04 USD, decreased -42.86

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

Ballard Power Systems Inc (BLDP) has 492 emplpoyees as of June 21 2026.

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

Today BLDP has the market capitalization of 1.32B USD.