High
1.150
Open
1.150
VWAP
1.05
Vol
15.33M
Mkt Cap
305.43M
Low
1.000
Amount
16.16M
EV/EBITDA(TTM)
--
Total Shares
299.39M
EV
-249.61M
EV/OCF(TTM)
--
P/S(TTM)
4.74
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 an...Show More
Market Estimates
Earnings Estimates
Revenue
YoY Chg
EPS
YoYChg
FY2025Q1
FY2025Q2
FY2025Q3
16.82M
+16.38%
-0.108
-20.58%
19.97M
+24.83%
-0.107
+2.14%
25.45M
+72.47%
-0.100
-48.53%
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 -9.42% over the past three months. During the same period, the stock price has changed by -42.37%.
Revenue Estimates for FY2025
Revise Downward

-9.42%
In Past 3 Month
EPS Estimates for FY2025
Revise Downward

-1.05%
In Past 3 Month
Stock Price
Go Down

-42.37%
In Past 3 Month
8 Analyst Rating

21.57% Upside
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 is 1.24 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
4 Hold
4 Sell
Moderate Sell

21.57% Upside
Current: 1.020

Low
1.00
Averages
1.24
High
2.00
BMO Capital
Ameet Thakkar
Sell
Maintains
$1.3 → $1.2
2025-03-14
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 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.
CIBC
Hamir Patel
Sell
Maintains
$1.4 → $1.2
2024-12-04
Reason
CIBC
Hamir Patel
Sell
Maintains
$1.6 → $1.4
2024-11-06
Reason
Susquehanna
Biju Perincheril
Hold
Maintains
$2 → $1.5
2024-10-16
Reason
Susquehanna lowered the firm's price target on Ballard Power to $1.50 from $2 and keeps a Neutral rating on the shares. The firm updated estimates for the alternative energy space ahead of the Q3 reports. Recent conversations indicate project delays remain a headwind for utility-scale projects, with utility-focused names are at risk of seeing further pushouts into 2025 as project cycle times expand, the analyst tells investors in a research note. Susquehanna says election uncertainty has also weighed on some project sanctioning, particularly with smaller developers. Residential solar demand recovery "remains tepid," though there are some indications that top-of-the-funnel demand is improving heading into 2025, adds the firm. It now models residential installations declining just over 20% year-over-year for 2024, before rebounding 9% in 2025.
Cormark Securities
MacMurray Whale
Strong Buy
to
Hold
Downgrades
n/a
2024-09-16
Reason
Raymond James
Michael Glen
Hold
Maintains
$4 → $3
2024-08-14
Reason
Truist Securities
Jordan Levy
Hold
Maintains
$3 → $2
2024-08-13
Reason
Wells Fargo
Praneeth Satish
Sell
Maintains
$3 → $2
2024-08-13
Reason
CIBC
Hamir Patel
Hold
to
Sell
Downgrades
$3.5 → $1.6
2024-08-13
Reason
Valuation Metrics
The current forward P/E ratio for Ballard Power Systems Inc (BLDP.O) is -2.74, compared to its 5-year average forward P/E of -36.09. For a more detailed relative valuation and DCF analysis to assess Ballard Power Systems Inc 's fair value, click here.
Forward PE

N/A
5Y Average PE
-36.09
Current PE
-2.74
Overvalued PE
5.27
Undervalued PE
-77.45
Forward EV/EBITDA

N/A
5Y Average EV/EBITDA
-37.68
Current EV/EBITDA
2.52
Overvalued EV/EBITDA
17.27
Undervalued EV/EBITDA
-92.63
Forward PS

Undervalued
5Y Average PS
24.21
Current PS
3.33
Overvalued PS
44.80
Undervalued PS
3.63
Financials
Annual
Quarterly
FY2024Q4
YoY :
-46.86%
24.52M
Total Revenue
FY2024Q4
YoY :
-7.11%
-34.83M
Operating Profit
FY2024Q4
YoY :
+161.93%
-46.47M
Net Income after Tax
FY2024Q4
YoY :
-5.88%
-0.16
EPS - Diluted
FY2024Q4
YoY :
+17.94%
-30.33M
Free Cash Flow
FY2024Q4
YoY :
-40.93%
-13.16
Gross Profit Margin - %
FY2024Q4
YoY :
+36.52%
-194.63
FCF Margin - %
FY2024Q4
YoY :
+392.90%
-189.52
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
7.5K
Volume
2
6-9
Months
0.0
Volume
0
0-12
Months
4.9K
Volume
1
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
BLDP News & Events
Events Timeline
2025-04-08 (ET)
News
1.0
04-03PRnewswireBallard Announces Q1 2025 Results Conference Call
4.5
03-19NewsfilterExpansion in Nickel Mining Market Thriving from Heightened Demand Around the Globe
4.0
03-17Business InsiderKeyBanc Reaffirms Their Hold Rating on Ballard Power Systems (BLDP)
4.0
03-14Business InsiderBallard Power price target lowered to $1 from $1.50 at TD Cowen
4.0
03-14Business InsiderTruist Financial Sticks to Its Hold Rating for Ballard Power Systems (BLDP)
6.0
03-14Business InsiderBallard Power price target lowered to $1.25 from $1.75 at Roth MKM
9.5
03-13BenzingaG-III Apparel Posts Better-Than-Expected Earnings, Joins Ballard Power Systems, Dollar General And Other Big Stocks Moving Higher On Thursday
7.0
03-13SeekingAlphaJudge orders Trump administration to reinstate thousands of workers
9.5
03-13BenzingaBallard Power Q4 Revenue Falls 48% But Order Backlog Grows: Details
8.0
03-13TipRanksOptions Volatility and Implied Earnings Moves Today, March 13, 2025
9.5
03-13Business InsiderWells sees Ballard Power share rally on backlog growth
9.5
03-13Business InsiderBallard Power reports Q4 cont ops EPS (16c), consensus (13c)
9.5
03-13SeekingAlphaBallard Power Systems misses Q4 top-line and bottom-line estimates; initiates FY25 outlook
9.5
03-13PRnewswireBallard Reports Q4 2024 Results
8.0
03-10TipRanksOptions Volatility and Implied Earnings Moves This Week, March 10 – March 14, 2025
6.0
03-04NewsfilterBallard announces fuel cell engine order totaling approximately 5 MW for bus market
7.0
02-11NASDAQ.COMThe Zacks Analyst Blog Vertiv, NVIDIA and Ballard Power Systems
2.0
02-06PRnewswireBallard Announces Q4 and Full Year 2024 Results Conference Call
6.0
2024-12-20PRnewswireBallard announces multiple orders totaling over 6 MW of fuel cell engines for European bus market
7.5
2024-12-09NewsfilterBallard to Supply 8 MW of Fuel Cell Engines to Stadler for Californian Passenger Rail
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FAQ

What is Ballard Power Systems Inc (BLDP) stock price today?
The current price of BLDP is 1.02 USD — it has decreased -7.27 % 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?
