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

$2.58
-0.05 (-1.90%)
(As of 04/22/2024 ET)
Today's Range
$2.53
$2.67
50-Day Range
$2.58
$3.31
52-Week Range
$2.53
$5.68
Volume
3.41 million shs
Average Volume
3.12 million shs
Market Capitalization
$772.17 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.97

Ballard Power Systems MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.86 Rating Score
Upside/​Downside
53.9% Upside
$3.97 Price Target
Short Interest
Bearish
9.51% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.22mentions of Ballard Power Systems in the last 14 days
Based on 7 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.

2.05 out of 5 stars

Computer And Technology Sector

411th out of 591 stocks

Electrical Industrial Apparatus Industry

6th out of 10 stocks

BLDP stock logo

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

BLDP Stock News Headlines

The Next Nvidia?
The Next Nvidia? Wall Street legend has just uncovered one tiny Maryland company that could become the next Nvidia. Few in the media are talking about this story yet… but in the next 6 months that’s all they’ll talk about.
Ballard Power Systems Inc. (BLDP)
The Next Nvidia?
The Next Nvidia? Wall Street legend has just uncovered one tiny Maryland company that could become the next Nvidia. Few in the media are talking about this story yet… but in the next 6 months that’s all they’ll talk about.
Ballard Power Systems Awarded $54 Mln In Tax Credits - Quick Facts
Ballard Reports Q4 2023 Results
See More Headlines
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Company Calendar

Last Earnings
3/11/2024
Today
4/22/2024
Next Earnings (Confirmed)
5/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Electrical industrial apparatus
Sub-Industry
N/A
Current Symbol
NASDAQ:BLDP
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
+53.9%
Consensus Rating
Reduce
Rating Score (0-4)
1.86
Research Coverage
14 Analysts

Profitability

Net Income
$-177,720,000.00
Net Margins
-172.63%
Pretax Margin
-140.72%

Debt

Sales & Book Value

Annual Sales
$102.37 million
Book Value
$3.32 per share

Miscellaneous

Free Float
298,808,000
Market Cap
$772.17 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

BLDP Stock Analysis - Frequently Asked Questions

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

14 Wall Street 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 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 price targets for Ballard Power Systems' shares. 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 year. This suggests a possible upside of 53.9% 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 start of the year. Since then, BLDP stock has decreased by 30.3% and is now trading at $2.58.
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 earned $46.80 million during the quarter, compared to analysts' expectations 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%. Ballard Power Systems's revenue for the quarter was up 131.7% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.12) earnings per share.

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 variety of retail and institutional investors. Top institutional shareholders 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 4/23/2024 by MarketBeat.com Staff

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