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What's in big Biden bill? Health, climate goals become law
Biden to sign massive climate and health care legislation
Stocks edge mostly higher on Wall Street; Walmart lifts Dow
The Day of Financial Reckoning Is Near (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
3 Blowout Earnings Reports That Could Mark Turning Points
Sell every Stock except ONE (Ad)
Companies facing 1st tax on stock buybacks in Biden bill
Home Depot Results Point To Sluggish 2nd Half
Walmart Leads Retail Higher But Will The Group Follow? 
The Day of Financial Reckoning Is Near (Ad)
What's in big Biden bill? Health, climate goals become law
Biden to sign massive climate and health care legislation
Stocks edge mostly higher on Wall Street; Walmart lifts Dow
The Day of Financial Reckoning Is Near (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
3 Blowout Earnings Reports That Could Mark Turning Points
Sell every Stock except ONE (Ad)
Companies facing 1st tax on stock buybacks in Biden bill
Home Depot Results Point To Sluggish 2nd Half
Walmart Leads Retail Higher But Will The Group Follow? 
The Day of Financial Reckoning Is Near (Ad)
What's in big Biden bill? Health, climate goals become law
Biden to sign massive climate and health care legislation
Stocks edge mostly higher on Wall Street; Walmart lifts Dow
The Day of Financial Reckoning Is Near (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
3 Blowout Earnings Reports That Could Mark Turning Points
Sell every Stock except ONE (Ad)
Companies facing 1st tax on stock buybacks in Biden bill
Home Depot Results Point To Sluggish 2nd Half
Walmart Leads Retail Higher But Will The Group Follow? 
The Day of Financial Reckoning Is Near (Ad)
What's in big Biden bill? Health, climate goals become law
Biden to sign massive climate and health care legislation
Stocks edge mostly higher on Wall Street; Walmart lifts Dow
The Day of Financial Reckoning Is Near (Ad)
NASDAQ:BLDP

Ballard Power Systems - BLDP Stock Forecast, Price & News

$8.54
-0.23 (-2.62%)
(As of 08/16/2022 12:00 AM ET)
Add
Compare
Today's Range
$8.31
$8.69
50-Day Range
$5.83
$8.97
52-Week Range
$5.75
$19.66
Volume
3.69 million shs
Average Volume
4.66 million shs
Market Capitalization
$2.55 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$12.30

Ballard Power Systems MarketRank™ Forecast

Analyst Rating
Hold
2.07 Rating Score
Upside/​Downside
44.0% Upside
$12.30 Price Target
Short Interest
Bearish
10.84% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.05mentions of Ballard Power Systems in the last 14 days
Based on 34 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.57) to ($0.48) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.78 out of 5 stars

Computer And Technology Sector

554th out of 664 stocks

Electrical Industrial Apparatus Industry

8th out of 10 stocks

BLDP stock logo

About Ballard Power Systems (NASDAQ:BLDP) Stock

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 markets, consisting of heavy-duty motives, such as bus, truck, rail, and marine applications; material handling; and backup power. It also provides technology solutions, including engineering and technology transfer, as well as licenses and sells intellectual property portfolio and fundamental knowledge for various PEM fuel cell applications; and hydrogen fuel cell powertrain and vehicle systems integration solutions. It operates in China, Germany, the United States, the United Kingdom, Canada, Denmark, Norway, Belgium, Japan, France, Spain, Taiwan, Poland, India, Ukraine, Sweden, 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.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. National Bankshares decreased their price target on shares of Ballard Power Systems from $13.00 to $12.00 and set an "outperform" rating on the stock in a research note on Thursday, August 11th. Piper Sandler began coverage on Ballard Power Systems in a report on Wednesday, June 8th. They set a "sell" rating and a $5.00 target price on the stock. Raymond James lowered Ballard Power Systems from an "outperform" rating to a "market perform" rating and upped their price target for the company from $9.00 to $10.00 in a research report on Wednesday, August 10th. KeyCorp restated a "sector weight" rating on shares of Ballard Power Systems in a report on Thursday, June 2nd. Finally, TD Securities lifted their price target on Ballard Power Systems from $11.00 to $12.50 and gave the stock a "speculative buy" rating in a report on Thursday, August 11th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $12.30.

Ballard Power Systems Trading Down 2.6 %

Shares of BLDP traded down $0.23 during trading on Tuesday, reaching $8.54. 3,688,302 shares of the company traded hands, compared to its average volume of 4,655,624. The stock has a 50-day simple moving average of $7.16 and a 200-day simple moving average of $8.72. The stock has a market cap of $2.55 billion, a PE ratio of -14.74 and a beta of 1.77. Ballard Power Systems has a twelve month low of $5.75 and a twelve month high of $19.66. The company has a quick ratio of 14.36, a current ratio of 15.16 and a debt-to-equity ratio of 0.01.

Ballard Power Systems (NASDAQ:BLDP - Get Rating) (TSE:BLD) last announced its earnings results on Wednesday, August 10th. The technology company reported ($0.19) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.12) by ($0.07). Ballard Power Systems had a negative net margin of 164.44% and a negative return on equity of 12.13%. The firm had revenue of $20.90 million during the quarter, compared to analysts' expectations of $24.16 million. During the same period in the previous year, the firm earned ($0.07) EPS. The firm's revenue for the quarter was down 16.4% compared to the same quarter last year. On average, analysts anticipate that Ballard Power Systems will post -0.57 earnings per share for the current year.

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BLDP Stock News Headlines

Here’s How the Inflation Reduction Act Energizes Power Stock (BLDP)
Hydrogen fuel cell technology provider Plug Power (NASDAQ: PLUG) stock has gotten a shot in the arm with the passing of the Inflation Reduction Act of 2022.
Ballard Power Systems (NASDAQ:BLDP) Downgraded by Raymond James
Ballard Reports Q2 2022 Results
Ballard Power Systems (NASDAQ: BLDP)
Ballard Power Systems (NASDAQ:BLDP) Sees Strong Trading Volume
Ballard Power Systems Inc stock boosted on Thursday.
Ballard Power Systems Inc stock advanced on Thursday.
Ballard Announces Q1 2022 Results Conference Call
See More Headlines
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BLDP Company Calendar

Last Earnings
8/10/2022
Today
8/16/2022
Next Earnings (Estimated)
11/14/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Electrical industrial apparatus
Sub-Industry
N/A
Current Symbol
NASDAQ:BLDP
Employees
1,367
Year Founded
1979

Price Target and Rating

Average Stock Price Forecast
$12.30
High Stock Price Forecast
$20.00
Low Stock Price Forecast
$5.00
Forecasted Upside/Downside
+44.0%
Consensus Rating
Hold
Rating Score (0-4)
2.07
Research Coverage
14 Analysts

Profitability

Net Income
$-114,230,000.00
Net Margins
-164.44%
Pretax Margin
-164.81%

Debt

Sales & Book Value

Annual Sales
$104.50 million
Book Value
$4.46 per share

Miscellaneous

Free Float
N/A
Market Cap
$2.55 billion
Optionable
Optionable
Beta
1.77

Social Links


Key Executives

  • Mr. R. Randall MacEwen (Age 53)
    CEO, Pres & Non-Independent Director
    Comp: $960.43k
  • Mr. Paul Dobson (Age 56)
    Sr. VP & CFO
    Comp: $677.76k
  • Dr. Kevin Colbow
    Sr. VP & CTO
  • Mr. Jesper Themsen
    Pres & CEO of Europe
  • Ms. Sarbjot Sidhu
    Sr. VP of Operations
  • Kate Charlton
    VP Corp. Fin. & Investor Relations
  • Mr. Kerry Brent Hillier
    Gen. Counsel & Corp. Sec.
  • Mr. Nicolas Pocard
    VP of Marketing & Strategic Partnerships
  • Ms. Linda Downs
    Sr. VP & Chief People Officer
  • Mr. Alfred Wong
    Managing Director of Asia Pacific













BLDP Stock - Frequently Asked Questions

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

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ballard Power Systems in the last year. There are currently 2 sell ratings, 9 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" BLDP shares. 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.
View BLDP analyst ratings
or view top-rated stocks.

What is Ballard Power Systems' stock price forecast for 2022?

14 brokerages have issued 1 year target prices for Ballard Power Systems' shares. Their BLDP share price forecasts range from $5.00 to $20.00. On average, they anticipate the company's stock price to reach $12.30 in the next year. This suggests a possible upside of 44.0% 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 2022?

Ballard Power Systems' stock was trading at $12.56 at the beginning of the year. Since then, BLDP shares have decreased by 32.0% and is now trading at $8.54.
View the best growth stocks for 2022 here
.

When is Ballard Power Systems' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, November 14th 2022.
View our BLDP earnings forecast
.

How were Ballard Power Systems' earnings last quarter?

Ballard Power Systems Inc. (NASDAQ:BLDP) posted its quarterly earnings results on Wednesday, August, 10th. The technology company reported ($0.19) earnings per share for the quarter, missing the consensus estimate of ($0.12) by $0.07. The technology company earned $20.90 million during the quarter, compared to the consensus estimate of $24.16 million. Ballard Power Systems had a negative net margin of 164.44% and a negative trailing twelve-month return on equity of 12.13%. The firm's quarterly revenue was down 16.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.07) EPS.

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).

What is Ballard Power Systems' stock symbol?

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

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 Millennium Management LLC (1.12%), Allianz Asset Management GmbH (1.12%), Mirae Asset Global Investments Co. Ltd. (0.66%), Sumitomo Mitsui Trust Holdings Inc. (0.54%), State Street Corp (0.54%) and Alps Advisors Inc. (0.51%).

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Ballard Power Systems' stock price today?

One share of BLDP stock can currently be purchased for approximately $8.54.

How much money does Ballard Power Systems make?

Ballard Power Systems (NASDAQ:BLDP) has a market capitalization of $2.55 billion and generates $104.50 million in revenue each year. The technology company earns $-114,230,000.00 in net income (profit) each year or ($0.58) on an earnings per share basis.

How many employees does Ballard Power Systems have?

The company employs 1,367 workers across the globe.

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
When was Ballard Power Systems founded?

Ballard Power Systems was founded in 1979.

How can I contact Ballard Power Systems?

Ballard Power Systems' mailing address is 9000 GLENLYON PARKWAY, BURNABY A1, V5J 5J8. The official website for the company 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.

This page (NASDAQ:BLDP) was last updated on 8/17/2022 by MarketBeat.com Staff

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