Should I buy or sell Ballard Power Systems stock right now?

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ballard Power Systems in the last year. There are currently 3 sell ratings, 10 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" BLDP shares. View BLDP analyst ratings or view top-rated stocks .

What is Ballard Power Systems' stock price target for 2024?

14 Wall Street research analysts have issued 1 year target prices for Ballard Power Systems' stock. Their BLDP share price targets range from $2.30 to $6.00. On average, they anticipate the company's share price to reach $3.97 in the next twelve months. This suggests a possible upside of 46.0% from the stock's current price. View analysts price targets for BLDP or view top-rated stocks among Wall Street analysts .

How have BLDP shares performed in 2024?

Ballard Power Systems' stock was trading at $3.70 at the beginning of the year. Since then, BLDP shares have decreased by 26.5% and is now trading at $2.72. View the best growth stocks for 2024 here .

When is Ballard Power Systems' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our BLDP earnings forecast .

How can I listen to Ballard Power Systems' earnings call?

Ballard Power Systems will be holding an earnings conference call on Tuesday, May 7th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link .

How were Ballard Power Systems' earnings last quarter?

Ballard Power Systems Inc. (NASDAQ:BLDP) released its quarterly earnings results on Monday, March, 11th. The technology company reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.12) by $0.04. The technology company had revenue of $46.80 million for the quarter, compared to analyst estimates of $26.32 million. Ballard Power Systems had a negative net margin of 172.63% and a negative trailing twelve-month return on equity of 14.06%. The company's revenue for the quarter was up 131.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.12) EPS.

What ETFs hold Ballard Power Systems' stock?

ETFs with the largest weight of Ballard Power Systems (NASDAQ:BLDP) stock in their portfolio include ProShares S&P Kensho Cleantech ETF (CTEX) and SPDR S&P Kensho Clean Power ETF (CNRG) . SPDR S&P Kensho Smart Mobility ETF (HAIL) .

What is Randall MacEwen's approval rating as Ballard Power Systems' CEO?

35 employees have rated Ballard Power Systems Chief Executive Officer Randall MacEwen on Glassdoor.com . Randall MacEwen has an approval rating of 78% among the company's employees. 67.0% of employees surveyed would recommend working at Ballard Power Systems to a friend.

What other stocks do shareholders of Ballard Power Systems own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ballard Power Systems investors own include Arbutus Biopharma (ABUS) , Cedar Fair (FUN) , Plug Power (PLUG) , FuelCell Energy (FCEL) , Antares Pharma (ATRS) , NVIDIA (NVDA) , Tesla (TSLA) , Advanced Micro Devices (AMD) , Rite Aid (RAD) and Taylor Devices (TAYD) .

Who are Ballard Power Systems' major shareholders?

Ballard Power Systems' stock is owned by a number of institutional and retail investors. Top institutional investors include Banque Cantonale Vaudoise (0.06%).

How do I buy shares of Ballard Power Systems?

Shares of BLDP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Ballard Power Systems have any subsidiaries?

The following companies are subsidiares of Ballard Power Systems: BDF IP Holdings Ltd., Ballard Fuel Cell Systems Inc, Ballard Power Systems Europe A/S, Ballard Services Inc., Ballard Unmanned Systems Inc., Guangzhou Ballard Power, and Protonex Technology Corporation. Read More

Lowest-Rated StocksLowest-Rated

NASDAQ:BLDP

Ballard Power Systems (BLDP) Stock Price, News & Analysis

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$2.72

0.00 (0.00%)

(As of 04/17/2024 ET)

Compare

Today's Range: $2.67
▼
$2.76
50-Day Range: $2.66
▼
$3.33
52-Week Range: $2.66
▼
$5.68

Volume: 2.10 million shs
Average Volume: 3.06 million shs
Market Capitalization: $814.07 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $3.97

Get Ballard Power Systems alerts:

Ballard Power Systems MarketRank™ Stock Analysis

Analyst Rating: Reduce
1.86 Rating Score
Upside/Downside: 46.0% Upside
$3.97 Price Target
Short Interest: Bearish
9.51% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.33
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.51) to ($0.47) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.98 out of 5 stars

Computer And Technology Sector

427th out of 588 stocks

Electrical Industrial Apparatus Industry

7th out of 10 stocks

3.9

Analyst's Opinion

Consensus Rating
Ballard Power Systems has received a consensus rating of Reduce. The company's average rating score is 1.86, and is based on 1 buy rating, 10 hold ratings, and 3 sell ratings.
Amount of Analyst Coverage
Ballard Power Systems has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0

Short Interest

Percentage of Shares Shorted
9.51% of the float of Ballard Power Systems has been sold short.
Short Interest Ratio / Days to Cover
Ballard Power Systems has a short interest ratio ("days to cover") of 7.2.
Change versus previous month
Short interest in Ballard Power Systems has recently decreased by 0.82%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Ballard Power Systems does not currently pay a dividend.
Dividend Growth
Ballard Power Systems does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for BLDP.

1.9

News and Social Media Coverage

News Sentiment
Ballard Power Systems has a news sentiment score of 0.33. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.45 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Ballard Power Systems this week, compared to 2 articles on an average week.
Search Interest
Only 3 people have searched for BLDP on MarketBeat in the last 30 days. This is a decrease of -73% compared to the previous 30 days.
MarketBeat Follows
Only 7 people have added Ballard Power Systems to their MarketBeat watchlist in the last 30 days. This is a decrease of -42% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ballard Power Systems insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.16% of the stock of Ballard Power Systems is held by insiders.
Percentage Held by Institutions
Only 28.02% of the stock of Ballard Power Systems is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Ballard Power Systems are expected to grow in the coming year, from ($0.51) to ($0.47) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Ballard Power Systems is -4.61, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ballard Power Systems is -4.61, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Ballard Power Systems has a P/B Ratio of 0.82. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Ballard Power Systems Stock (NASDAQ:BLDP)

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. It also engages in the delivery of services, including technology solutions, after sales services, and training; and provision of engineering services, product and systems integration services, and related technology transfer for a variety of PEM fuel cell applications. It operates in the United States, Germany, Canada, China, Poland, the United Kingdom, the Netherlands, France, Denmark, Belgium, India, Taiwan, Spain, Norway, Australia, Japan, and internationally. The company has a strategic alliance with Linamar Corporation for the co-development and sale of fuel cell powertrains and components for class 1 and 2 vehicles in North America and Europe. Ballard Power Systems Inc. was founded in 1979 and is headquartered in Burnaby, Canada.

BLDP Stock Price History

30 days | 90 days | 365 days | Advanced Chart

BLDP Stock News Headlines

April 17, 2024 | finance.yahoo.com

Ballard Power Systems Inc. (BLDP)

April 16, 2024 | msn.com

What's Going On With Ballard Power Systems Stock Tuesday?

April 17, 2024 | Paradigm Press (Ad)

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Ballard announces orders for 70 hydrogen fuel cell engines for delivery to Wrightbus in 2024

April 13, 2024 | investorplace.com

Wall Street Favorites: 7 Hydrogen Stocks with Strong Buy Ratings for April 2024

April 9, 2024 | investorplace.com

Penny Stock Powerhouses: 3 Tiny Titans Ready to Explode

April 9, 2024 | prnewswire.com

Ballard Announces Q1 2024 Results Conference Call

April 8, 2024 | americanbankingnews.com

Energem (NASDAQ:ENCP) & Ballard Power Systems (NASDAQ:BLDP) Head-To-Head Analysis

April 17, 2024 | Paradigm Press (Ad)

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Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

April 3, 2024 | investorplace.com

Trade of the Day: Take a Bet on Ballard Power Systems (BLDP) Stock

April 1, 2024 | barrons.com

Ballard Power Stock Rises. Fuel-Cell Maker Gets Largest Order in Its History.

April 1, 2024 | ca.finance.yahoo.com

Ballard Power Systems signs largest order ever with European bus manufacturer Solaris

April 1, 2024 | msn.com

Ballard gains on signing deal to supply hydrogen fuel cell engines to European bus maker

April 1, 2024 | markets.businessinsider.com

Ballard Power Systems Awarded $54 Mln In Tax Credits - Quick Facts

April 1, 2024 | marketwatch.com

Ballard Power’s stock rallies on largest order in company history

April 1, 2024 | finance.yahoo.com

Ballard announces $54 million of additional funding support, bringing total U.S. federal funding to $94 million for Ballard's fuel cell Gigafactory in Texas

April 1, 2024 | prnewswire.com

Ballard announces largest order in company history - 1,000 engines to power Solaris buses across Europe

March 27, 2024 | prnewswire.com

Ballard Announces Appointment of Jacqui Dedo to Board of Directors

March 14, 2024 | prnewswire.com

Ballard announces $40 million in DOE grants to support build-out of industry-leading integrated fuel cell production Gigafactory in Rockwall, Texas

March 12, 2024 | msn.com

Ballard Power (TSE:BLDP) Continues Slump, Sees New 52-Week Low

March 12, 2024 | msn.com

Ballard Power stock sinks to fresh 52-week low, after 10% post-earnings plunge

March 12, 2024 | markets.businessinsider.com

Analysts Offer Insights on Industrial Goods Companies: Ballard Power Systems (BLDP), Stericycle (SRCL) and Gates Industrial (GTES)

March 12, 2024 | finance.yahoo.com

Ballard Power Systems Inc. (NASDAQ:BLDP) Q4 2023 Earnings Call Transcript

March 12, 2024 | seekingalpha.com

Ballard Power Systems: Mixed Q4 Results And Another Mediocre Year Ahead, Hold

March 11, 2024 | msn.com

Ballard Power slides after posting wider Q4 loss, reduced order backlog

March 11, 2024 | prnewswire.com

Ballard Reports Q4 2023 Results

March 8, 2024 | msn.com

Ballard Power Systems Q4 2023 Earnings Preview

See More Headlines

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Company Calendar

Last Earnings: 3/11/2024
Today: 4/17/2024
Next Earnings (Confirmed): 5/07/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Electrical industrial apparatus
Sub-Industry: N/A
Current Symbol: NASDAQ:BLDP
CUSIP: N/A
CIK: 1453015
Web: www.ballard.com
Phone: (604) 454-0900
Fax: 604-412-4700
Employees: 1,173
Year Founded: 1979

Price Target and Rating

Average Stock Price Target: $3.97
High Stock Price Target: $6.00
Low Stock Price Target: $2.30
Potential Upside/Downside: +46.0%
Consensus Rating: Reduce
Rating Score (0-4): 1.86
Research Coverage: 14 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.59)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-177,720,000.00
Net Margins: -172.63%
Pretax Margin: -140.72%
Return on Equity: -14.06%
Return on Assets: -13.02%

Debt

Debt-to-Equity Ratio: 0.01
Current Ratio: 12.25
Quick Ratio: 11.60

Sales & Book Value

Annual Sales: $102.37 million
Price / Sales: 7.95
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $3.32 per share
Price / Book: 0.82

Miscellaneous

Outstanding Shares: 299,290,000
Free Float: 298,808,000
Market Cap: $814.07 million
Optionable: Optionable
Beta: 1.66

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Key Executives

Mr. R. Randall MacEwen BA (Age 55)
LLB, CEO, President & Non-Independent Director
Comp: $748.04k
Dr. Kevin Colbow
Senior VP & CTO
Mr. Jesper Themsen
President & CEO of Europe
Mr. David Mucciacciaro
Senior VP & Chief Commercial Officer
Mr. Mark Biznek
Senior VP & COO
Kate Charlton
VP Corporate Finance & Investor Relations
Mr. Kerry Brent Hillier
General Counsel & Corporate Secretary
Mr. Nicolas Pocard (Age 57)
Vice President of Marketing & Strategic Partnerships
Ms. Sarbjot Sidhu
Senior VP and Chief People & Culture Officer
Mr. Lee Sweetland
Senior VP & Chief Transformation Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

BLDP Stock Analysis - Frequently Asked Questions

Should I buy or sell Ballard Power Systems stock right now?: 14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ballard Power Systems in the last year. There are currently 3 sell ratings, 10 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" BLDP shares.
View BLDP analyst ratings or view top-rated stocks.
What is Ballard Power Systems' stock price target for 2024?: 14 Wall Street research analysts have issued 1 year target prices for Ballard Power Systems' stock. Their BLDP share price targets range from $2.30 to $6.00. On average, they anticipate the company's share price to reach $3.97 in the next twelve months. This suggests a possible upside of 46.0% from the stock's current price.
View analysts price targets for BLDP or view top-rated stocks among Wall Street analysts.
How have BLDP shares performed in 2024?: Ballard Power Systems' stock was trading at $3.70 at the beginning of the year. Since then, BLDP shares have decreased by 26.5% and is now trading at $2.72.
View the best growth stocks for 2024 here.
When is Ballard Power Systems' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our BLDP earnings forecast.
How can I listen to Ballard Power Systems' earnings call?: Ballard Power Systems will be holding an earnings conference call on Tuesday, May 7th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.
How were Ballard Power Systems' earnings last quarter?: Ballard Power Systems Inc. (NASDAQ:BLDP) released its quarterly earnings results on Monday, March, 11th. The technology company reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.12) by $0.04. The technology company had revenue of $46.80 million for the quarter, compared to analyst estimates of $26.32 million. Ballard Power Systems had a negative net margin of 172.63% and a negative trailing twelve-month return on equity of 14.06%. The company's revenue for the quarter was up 131.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.12) EPS.

What ETFs hold Ballard Power Systems' stock?: ETFs with the largest weight of Ballard Power Systems (NASDAQ:BLDP) stock in their portfolio include ProShares S&P Kensho Cleantech ETF (CTEX) and SPDR S&P Kensho Clean Power ETF (CNRG).SPDR S&P Kensho Smart Mobility ETF (HAIL).
What is Randall MacEwen's approval rating as Ballard Power Systems' CEO?: 35 employees have rated Ballard Power Systems Chief Executive Officer Randall MacEwen on Glassdoor.com. Randall MacEwen has an approval rating of 78% among the company's employees. 67.0% of employees surveyed would recommend working at Ballard Power Systems to a friend.
What other stocks do shareholders of Ballard Power Systems own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Ballard Power Systems investors own include Arbutus Biopharma (ABUS), Cedar Fair (FUN), Plug Power (PLUG), FuelCell Energy (FCEL), Antares Pharma (ATRS), NVIDIA (NVDA), Tesla (TSLA), Advanced Micro Devices (AMD), Rite Aid (RAD) and Taylor Devices (TAYD).
Who are Ballard Power Systems' major shareholders?: Ballard Power Systems' stock is owned by a number of institutional and retail investors. Top institutional investors include Banque Cantonale Vaudoise (0.06%).
How do I buy shares of Ballard Power Systems?: Shares of BLDP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Ballard Power Systems have any subsidiaries?: The following companies are subsidiares of Ballard Power Systems: BDF IP Holdings Ltd., Ballard Fuel Cell Systems Inc, Ballard Power Systems Europe A/S, Ballard Services Inc., Ballard Unmanned Systems Inc., Guangzhou Ballard Power, and Protonex Technology Corporation.
Read More

This page (NASDAQ:BLDP) was last updated on 4/17/2024 by MarketBeat.com Staff

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