Roth Capital Issues Pessimistic Outlook for BLDP Earnings

Ballard Power Systems Inc. (NASDAQ:BLDP - Free Report) TSE: BLD - Equities research analysts at Roth Capital reduced their Q2 2025 earnings per share estimates for shares of Ballard Power Systems in a report issued on Wednesday, May 7th. Roth Capital analyst C. Irwin now expects that the technology company will post earnings of ($0.10) per share for the quarter, down from their prior 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.

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

A number of other research firms have also recently issued reports on BLDP. HSBC dropped their price objective on Ballard Power Systems from $1.90 to $1.40 and set a "hold" rating for the company in a report on Friday, March 14th. StockNews.com upgraded Ballard Power Systems to a "sell" rating in a report on Thursday, May 8th. National Bankshares dropped their price objective on Ballard Power Systems from $2.60 to $2.00 and set a "sector perform" rating for the company in a report on Friday, March 14th. Roth Mkm dropped their price objective on Ballard Power Systems from $1.75 to $1.25 and set a "neutral" rating for the company in a report on Friday, March 14th. Finally, Susquehanna decreased their target price on Ballard Power Systems from $1.40 to $1.30 and set a "neutral" rating for the company in a research report on Monday, April 14th. Seven research 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 data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $2.09.

Ballard Power Systems Trading Up 0.4%

BLDP traded up $0.01 during trading hours on Monday, reaching $1.38. 2,240,316 shares of the company's stock traded hands, compared to its average volume of 5,652,054. The firm has a 50-day moving average price of $1.22 and a 200 day moving average price of $1.40. Ballard Power Systems has a 52-week low of $1.00 and a 52-week high of $3.23. 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 firm has a market capitalization of $412.27 million, a PE ratio of -1.25 and a beta of 1.68.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the stock. Edmond DE Rothschild Holding S.A. bought a new position in shares of Ballard Power Systems in the 1st quarter worth $40,000. Amundi raised its position in shares of Ballard Power Systems by 16.1% in the 1st quarter. Amundi now owns 68,140 shares of the technology company's stock worth $74,000 after acquiring an additional 9,454 shares in the last quarter. Royal Bank of Canada raised its position in shares of Ballard Power Systems by 29.1% in the 1st quarter. Royal Bank of Canada now owns 692,662 shares of the technology company's stock worth $761,000 after acquiring an additional 156,014 shares in the last quarter. Graham Capital Management L.P. raised its position in shares of Ballard Power Systems by 127.1% in the 1st quarter. Graham Capital Management L.P. now owns 739,973 shares of the technology company's stock worth $814,000 after acquiring an additional 414,068 shares in the last quarter. Finally, State of Wyoming grew its stake in Ballard Power Systems by 49.4% during the 1st quarter. State of Wyoming now owns 242,835 shares of the technology company's stock worth $267,000 after buying an additional 80,262 shares during the last quarter. 28.02% of the stock is 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.