Research Analysts Issue Forecasts for BLDP Q2 Earnings

Ballard Power Systems Inc. (NASDAQ:BLDP - Free Report) TSE: BLD - Analysts at National Bank Financial issued their Q2 2025 earnings per share (EPS) estimates for shares of Ballard Power Systems in a research report issued to clients and investors on Sunday, June 8th. National Bank Financial analyst B. Sidhu expects that the technology company will post earnings per share of ($0.07) for the quarter. National Bank Financial currently has a "Hold" rating on the stock. The consensus estimate for Ballard Power Systems' current full-year earnings is ($0.54) per share. National Bank Financial also issued estimates for Ballard Power Systems' Q3 2025 earnings at ($0.08) EPS, Q4 2025 earnings at ($0.10) EPS, FY2025 earnings at ($0.31) EPS and FY2026 earnings at ($0.31) EPS.

Ballard Power Systems (NASDAQ:BLDP - Get Free Report) TSE: BLD last released its quarterly earnings results on Tuesday, May 6th. The technology company reported ($0.07) earnings per share for the quarter, topping the consensus estimate of ($0.12) by $0.05. The company had revenue of $14.76 million for the quarter, compared to analysts' expectations of $16.82 million. Ballard Power Systems had a negative return on equity of 19.96% and a negative net margin of 357.78%.

BLDP has been the topic of several other research reports. Wells Fargo & Company set a $1.00 price objective on shares of Ballard Power Systems in a research note on Thursday, March 13th. Susquehanna reduced their price target on Ballard Power Systems from $1.40 to $1.30 and set a "neutral" rating on the stock in a research report on Monday, April 14th. Roth Mkm reduced their target price on Ballard Power Systems from $1.75 to $1.25 and set a "neutral" rating on the stock in a report on Friday, March 14th. BMO Capital Markets dropped their price target on shares of Ballard Power Systems from $1.30 to $1.20 and set an "underperform" rating on the stock in a research report on Friday, March 14th. Finally, UBS Group dropped their target price on shares of Ballard Power Systems from $2.00 to $1.40 and set a "neutral" rating on the stock in a report on Monday, May 12th. Seven equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, Ballard Power Systems presently has an average rating of "Hold" and a consensus price target of $2.09.

Ballard Power Systems Trading Up 1.9%

BLDP traded up $0.03 during trading on Wednesday, reaching $1.71. 9,428,525 shares of the company's stock were exchanged, compared to its average volume of 6,284,643. The company has a current ratio of 9.01, a quick ratio of 8.19 and a debt-to-equity ratio of 0.03. Ballard Power Systems has a one year low of $1.00 and a one year high of $2.94. The firm has a fifty day moving average price of $1.29 and a two-hundred day moving average price of $1.40. The stock has a market capitalization of $513.07 million, a PE ratio of -1.56 and a beta of 1.68.

Hedge Funds Weigh In On Ballard Power Systems

A number of large investors have recently modified their holdings of BLDP. Portolan Capital Management LLC acquired a new position in Ballard Power Systems during the fourth quarter worth $2,508,000. Millennium Management LLC raised its stake in shares of Ballard Power Systems by 79.9% in the fourth quarter. Millennium Management LLC now owns 2,652,624 shares of the technology company's stock worth $4,404,000 after purchasing an additional 1,177,718 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Ballard Power Systems by 20.3% during the first quarter. Goldman Sachs Group Inc. now owns 4,916,541 shares of the technology company's stock valued at $5,408,000 after buying an additional 829,012 shares during the last quarter. Two Sigma Investments LP raised its position in Ballard Power Systems by 58.4% in the 4th quarter. Two Sigma Investments LP now owns 1,793,296 shares of the technology company's stock valued at $2,977,000 after buying an additional 661,413 shares during the last quarter. Finally, Van ECK Associates Corp lifted its stake in Ballard Power Systems by 35.4% during the 4th quarter. Van ECK Associates Corp now owns 2,466,084 shares of the technology company's stock valued at $4,094,000 after acquiring an additional 644,861 shares in the last quarter. 28.02% of the stock is currently owned by institutional investors.

Ballard Power Systems Company Profile

Ballard Power Systems Inc engages in the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cell products. The company offers its products for power product comprising for bus, truck, rail, marine, stationary, and emerging market, such as material handling, off-road, and other applications.