NASDAQ:BLDPBallard Power Systems Stock Price, Forecast & News

Ballard Power Systems' stock was trading at $8.97 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, BLDP stock has increased by 128.1% and is now trading at $20.46. View which stocks have been most impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ballard Power Systems in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Ballard Power Systems.

Ballard Power Systems is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Ballard Power Systems.

Ballard Power Systems Inc (NASDAQ:BLDP) posted its quarterly earnings results on Tuesday, May, 5th. The technology company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.04) by $0.02. The technology company earned $24 million during the quarter, compared to analyst estimates of $26 million. Ballard Power Systems had a negative net margin of 35.47% and a negative return on equity of 15.28%. View Ballard Power Systems' earnings history.

4 Wall Street analysts have issued 1 year price targets for Ballard Power Systems' shares. Their forecasts range from $13.00 to $20.00. On average, they anticipate Ballard Power Systems' share price to reach $16.20 in the next twelve months. This suggests that the stock has a possible downside of 20.8%. View analysts' price targets for Ballard Power Systems.

Press coverage about BLDP stock has trended somewhat positive recently, according to InfoTrie. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Ballard Power Systems earned a media sentiment score of 1.2 on InfoTrie's scale. They also gave press coverage about the technology company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news about Ballard Power Systems.

Ballard Power Systems saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 8,500,000 shares, an increase of 10.5% from the May 31st total of 7,690,000 shares. Based on an average daily volume of 2,460,000 shares, the days-to-cover ratio is presently 3.5 days. Approximately 5.0% of the shares of the company are sold short. View Ballard Power Systems' Current Options Chain.

Some companies that are related to Ballard Power Systems include Woodward, Inc.Common Stock (WWD), Plug Power (PLUG), GrafTech International (EAF), Bloom Energy (BE), ITM Power (ITMPF), Hollysys Automation Technologies (HOLI), Thermon Group (THR), Ideal Power (IPWR), SCI Engineered Materials (SCIA) and China Carbon Graphite Group (CHGI). View all competitors.

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), Rite Aid (RAD), Taylor Devices (TAYD), Southwestern Energy (SWN), Advanced Micro Devices (AMD) and TrustCo Bank Corp NY (TRST).

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

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

One share of BLDP stock can currently be purchased for approximately $20.46.

Ballard Power Systems has a market capitalization of $4.99 billion and generates $106.30 million in revenue each year. The technology company earns $-39,050,000.00 in net income (profit) each year or ($0.16) on an earnings per share basis. Ballard Power Systems employs 514 workers across the globe.

The official website for Ballard Power Systems is www.ballard.com.

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