NASDAQ:BLDP - Ballard Power Systems Stock Price, Forecast & News

Ballard Power Systems' stock was trading at $8.97 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, BLDP stock has decreased by 19.2% and is now trading at $7.25. View which stocks have been mosted impacted by Coronavirus.

3 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 2 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, May 6th 2020. View our earnings forecast for Ballard Power Systems.

Ballard Power Systems Inc (NASDAQ:BLDP) released its quarterly earnings results on Wednesday, March, 4th. The technology company reported ($0.04) EPS for the quarter, hitting analysts' consensus estimates of ($0.04). The technology company earned $41.90 million during the quarter, compared to analysts' expectations of $30.90 million. Ballard Power Systems had a negative return on equity of 14.21% and a negative net margin of 36.73%. View Ballard Power Systems' earnings history.

3 brokerages have issued 1-year price targets for Ballard Power Systems' stock. Their forecasts range from $11.00 to $16.00. On average, they expect Ballard Power Systems' share price to reach $13.33 in the next year. This suggests a possible upside of 83.9% from the stock's current price. View analysts' price targets for Ballard Power Systems.

News headlines about BLDP stock have trended very negative on Wednesday, InfoTrie reports. The research group scores the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Ballard Power Systems earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave news coverage about the technology company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutBallard Power Systems.

Ballard Power Systems saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 9,750,100 shares, an increase of 9.1% from the February 27th total of 8,940,000 shares. Based on an average trading volume of 4,249,700 shares, the days-to-cover ratio is currently 2.3 days. Approximately 6.1% of the company's shares 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), GrafTech International (EAF), Plug Power (PLUG), Hollysys Automation Technologies (HOLI), Bloom Energy (BE), Thermon Group (THR), Ideal Power (IPWR), SCI Engineered Materials (SCIA) and China Carbon Graphite Group (CHGI).

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), Taylor Devices (TAYD), Rite Aid (RAD), 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 $7.25.

Ballard Power Systems has a market capitalization of $1.70 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. View additional information about Ballard Power Systems.

The official website for Ballard Power Systems is http://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 [email protected]