Ballard Power Systems Stock Forecast, Price & News

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ballard Power Systems in the last twelve months. There are currently 3 sell ratings, 8 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Ballard Power Systems stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BLDP, but not buy additional shares or sell existing shares.
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15 brokerages have issued 12 month price targets for Ballard Power Systems' stock. Their BLDP stock forecasts range from $5.00 to $20.00. On average, they predict Ballard Power Systems' stock price to reach $12.86 in the next year. This suggests a possible upside of 89.9% from the stock's current price.
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Ballard Power Systems' stock was trading at $12.56 at the start of the year. Since then, BLDP shares have decreased by 46.1% and is now trading at $6.77.
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Ballard Power Systems is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
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Ballard Power Systems Inc. (NASDAQ:BLDP) issued its earnings results on Monday, May, 9th. The technology company reported ($0.14) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.11) by $0.03. The technology company had revenue of $21 million for the quarter, compared to analysts' expectations of $24.88 million. Ballard Power Systems had a negative trailing twelve-month return on equity of 10.21% and a negative net margin of 126.91%. The firm's revenue for the quarter was up 19.3% on a year-over-year basis. During the same quarter last year, the business posted ($0.06) earnings per share.
View Ballard Power Systems' earnings history.

17 employees have rated Ballard Power Systems CEO Randall MacEwen on Glassdoor.com. Randall MacEwen has an approval rating of 78% among Ballard Power Systems' employees.

Some companies that are related to Ballard Power Systems include Woodward (WWD), Bloom Energy (BE), GrafTech International (EAF), FuelCell Energy (FCEL), Hollysys Automation Technologies (HOLI), Hyzon Motors (HYZN), Thermon Group (THR), Fusion Fuel Green (HTOO), SCI Engineered Materials (SCIA), China Carbon Graphite Group (CHGI), China Power Equipment (CPQQ), ITM Power (ITMPF) and Oryx Technology (ORYX).
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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).

Ballard Power Systems trades on the NASDAQ under the ticker symbol "BLDP."

Ballard Power Systems' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (2.73%), BlackRock Inc. (1.52%), Allianz Asset Management GmbH (1.09%), Renaissance Technologies LLC (0.75%), Sumitomo Mitsui Trust Holdings Inc. (0.75%) and First Trust Advisors LP (0.70%).

BLDP stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., First Trust Advisors LP, TD Asset Management Inc., State Street Corp, PEAK6 Investments LLC, Walleye Trading LLC, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, and SG Americas Securities LLC.

BLDP stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Allianz Asset Management GmbH, Mirae Asset Global Investments Co. Ltd., Mirae Asset Global Investments Co. Ltd., Federated Hermes Inc., UBS Group AG, Dimensional Fund Advisors LP, and Bank of America Corp DE.

Shares of BLDP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of BLDP stock can currently be purchased for approximately $6.77.

Ballard Power Systems (NASDAQ:BLDP) has a market capitalization of $2.02 billion and generates $104.50 million in revenue each year. The technology company earns $-114.23 million in net income (profit) each year or ($0.460010) on an earnings per share basis.

Ballard Power Systems employs 1,367 workers across the globe.

Ballard Power Systems was founded in 1979.

Ballard Power Systems' mailing address is 9000 GLENLYON PARKWAY, BURNABY A1, V5J 5J8. The official website for Ballard Power Systems is www.ballard.com. The technology company can be reached via phone at (604) 454-0900, via email at https://www.ballard.com, or via fax at 604-412-4700.