Ballard Power Systems - BLDP Stock Forecast, Price & News

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ballard Power Systems in the last twelve months. There are currently 1 sell rating, 8 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.

12 brokers have issued 1-year price objectives for Ballard Power Systems' stock. Their BLDP share price forecasts range from $5.00 to $20.00. On average, they anticipate the company's share price to reach $11.58 in the next twelve months. This suggests a possible upside of 83.2% from the stock's current price.
View analysts price targets for BLDP or view top-rated stocks among Wall Street analysts.

Ballard Power Systems' stock was trading at $12.56 on January 1st, 2022. Since then, BLDP shares have decreased by 49.7% and is now trading at $6.32.
View the best growth stocks for 2022 here.

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

Ballard Power Systems Inc. (NASDAQ:BLDP) 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. The technology company had revenue of $20.90 million for the quarter, compared to analyst estimates 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 business's quarterly revenue was down 16.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.07) EPS.

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."

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.

One share of BLDP stock can currently be purchased for approximately $6.32.

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 ($0.58) 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.