Ballard Power Systems Stock Forecast, Price & News

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ballard Power Systems in the last year. There are currently 4 hold ratings, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Ballard Power Systems stock.
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Ballard Power Systems saw a drop in short interest in the month of January. As of January 29th, there was short interest totaling 11,040,000 shares, a drop of 19.2% from the January 14th total of 13,660,000 shares. Based on an average daily volume of 6,220,000 shares, the days-to-cover ratio is presently 1.8 days. Approximately 5.0% of the company's shares are short sold.
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Ballard Power Systems is scheduled to release its next quarterly earnings announcement on Wednesday, March 10th 2021.
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Ballard Power Systems will be holding an earnings conference call on Thursday, March 11th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Ballard Power Systems Inc. (NASDAQ:BLDP) released its quarterly earnings data on Thursday, November, 5th. The technology company reported ($0.05) earnings per share (EPS) for the quarter, hitting the Thomson Reuters' consensus estimate of ($0.05). The technology company earned $25.62 million during the quarter, compared to analyst estimates of $28.06 million. Ballard Power Systems had a negative net margin of 40.04% and a negative trailing twelve-month return on equity of 14.00%.
View Ballard Power Systems' earnings history.

Ballard Power Systems' stock was trading at $8.97 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, BLDP stock has increased by 162.9% and is now trading at $23.58.
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11 brokers have issued twelve-month price targets for Ballard Power Systems' stock. Their forecasts range from $16.00 to $42.00. On average, they anticipate Ballard Power Systems' share price to reach $31.91 in the next twelve months. This suggests a possible upside of 35.3% from the stock's current price.
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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 Plug Power (PLUG), Woodward (WWD), Bloom Energy (BE), GrafTech International (EAF), ITM Power (ITMPF), Hollysys Automation Technologies (HOLI), Thermon Group (THR), Ideal Power (IPWR), SCI Engineered Materials (SCIA), China Carbon Graphite Group (CHGI), China Power Equipment (CPQQ) 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 institutional and retail investors. Top institutional shareholders include Norges Bank (0.81%), Credit Suisse AG (0.76%), First Trust Advisors LP (0.70%), Morgan Stanley (0.66%), FIL Ltd (0.59%) and Handelsbanken Fonder AB (0.44%).

BLDP stock was sold by a variety of institutional investors in the last quarter, including FIL Ltd, Alyeska Investment Group L.P., Alyeska Investment Group L.P., Lombard Odier Asset Management USA Corp, Morgan Stanley, Skandinaviska Enskilda Banken AB publ , Seven Eight Capital LP, and Brookfield Asset Management Inc..

BLDP stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Handelsbanken Fonder AB, First Trust Advisors LP, JPMorgan Chase & Co., Credit Suisse AG, MARSHALL WACE ASIA Ltd, Federated Hermes Inc., and Barometer Capital Management Inc..

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 $23.58.

Ballard Power Systems has a market capitalization of $7.00 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 703 workers across the globe.

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

Ballard Power Systems is headquartered at 9000 GLENLYON PARKWAY, BURNABY A1, V5J 5J8.

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.