Roth Capital Has Negative Estimate for BLDP Q2 Earnings

Ballard Power Systems Inc. (NASDAQ:BLDP - Free Report) TSE: BLD - Analysts at Roth Capital lowered their Q2 2025 EPS estimates for shares of Ballard Power Systems in a research note issued on Wednesday, May 7th. Roth Capital analyst C. Irwin now expects that the technology company will post earnings per share of ($0.10) for the quarter, down from their previous estimate of ($0.09). The consensus estimate for Ballard Power Systems' current full-year earnings is ($0.54) per share. Roth Capital also issued estimates for Ballard Power Systems' Q3 2025 earnings at ($0.09) EPS and Q4 2025 earnings at ($0.09) EPS.

BLDP has been the topic of a number of other reports. Susquehanna dropped their price target on Ballard Power Systems from $1.40 to $1.30 and set a "neutral" rating on the stock in a report on Monday, April 14th. BMO Capital Markets lowered their target price on Ballard Power Systems from $1.30 to $1.20 and set an "underperform" rating on the stock in a research note on Friday, March 14th. StockNews.com upgraded shares of Ballard Power Systems to a "sell" rating in a research report on Thursday, May 8th. Citigroup restated a "sell" rating and set a $1.00 price objective (down previously from $1.50) on shares of Ballard Power Systems in a report on Thursday, April 17th. Finally, Raymond James dropped their target price on shares of Ballard Power Systems from $2.50 to $2.00 and set a "market perform" rating on the stock in a research note on Friday, March 14th. Seven analysts have rated the stock with a sell rating, ten have assigned a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $2.09.

Ballard Power Systems Stock Down 0.7%

Ballard Power Systems stock traded down $0.01 during midday trading on Monday, hitting $1.39. 7,059,105 shares of the stock were exchanged, compared to its average volume of 5,616,433. Ballard Power Systems has a 52-week low of $1.00 and a 52-week high of $3.34. The company has a quick ratio of 8.19, a current ratio of 9.01 and a debt-to-equity ratio of 0.03. The business's 50-day moving average price is $1.21 and its 200-day moving average price is $1.40. The stock has a market capitalization of $416.77 million, a price-to-earnings ratio of -1.26 and a beta of 1.68.

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

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Portolan Capital Management LLC bought a new stake in Ballard Power Systems during the 4th quarter worth approximately $2,508,000. Millennium Management LLC grew its position in shares of Ballard Power Systems by 79.9% during the 4th quarter. Millennium Management LLC now owns 2,652,624 shares of the technology company's stock valued at $4,404,000 after purchasing an additional 1,177,718 shares in the last quarter. Two Sigma Investments LP increased its holdings in shares of Ballard Power Systems by 58.4% in the fourth quarter. Two Sigma Investments LP now owns 1,793,296 shares of the technology company's stock worth $2,977,000 after purchasing an additional 661,413 shares during the period. Van ECK Associates Corp raised its position in shares of Ballard Power Systems by 35.4% in the fourth quarter. Van ECK Associates Corp now owns 2,466,084 shares of the technology company's stock worth $4,094,000 after buying an additional 644,861 shares in the last quarter. Finally, Two Sigma Advisers LP boosted its stake in Ballard Power Systems by 104.6% during the fourth quarter. Two Sigma Advisers LP now owns 975,100 shares of the technology company's stock valued at $1,619,000 after buying an additional 498,600 shares during the period. Hedge funds and other institutional investors own 28.02% of the company's stock.

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.