Ballard Power Systems - BLDP Stock Forecast, Price & News

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ballard Power Systems in the last year. There are currently 1 sell rating and 12 hold 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.
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13 brokers have issued twelve-month price targets for Ballard Power Systems' shares. Their BLDP share price forecasts range from $5.00 to $19.00. On average, they anticipate the company's stock price to reach $8.29 in the next twelve months. This suggests a possible upside of 31.5% from the stock's current price.
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Ballard Power Systems' stock was trading at $12.56 at the beginning of 2022. Since then, BLDP shares have decreased by 49.8% and is now trading at $6.30.
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The company is scheduled to release its next quarterly earnings announcement on Friday, March 10th 2023.
View our BLDP earnings forecast.

Ballard Power Systems Inc. (NASDAQ:BLDP) released its quarterly earnings data on Monday, November, 7th. The technology company reported ($0.14) EPS for the quarter, hitting analysts' consensus estimates of ($0.14). The technology company had revenue of $21.50 million for the quarter, compared to analyst estimates of $23.94 million. Ballard Power Systems had a negative trailing twelve-month return on equity of 13.51% and a negative net margin of 182.86%. Ballard Power Systems's revenue was down 14.7% on a year-over-year basis. During the same period in the prior year, the business posted ($0.10) earnings per share.

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.

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 many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (2.88%), Allianz Asset Management GmbH (1.13%), Barclays PLC (0.67%), First Trust Advisors LP (0.65%), State Street Corp (0.57%) and Van ECK Associates Corp (0.53%).

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.
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One share of BLDP stock can currently be purchased for approximately $6.30.

Ballard Power Systems (NASDAQ:BLDP) has a market capitalization of $1.88 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 ($0.62) on an earnings per share basis.

The company employs 1,367 workers across the globe.

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.