NASDAQ:BLDP - Ballard 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 decreased by 14.2% and is now trading at $7.70. 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) announced its quarterly earnings results on Wednesday, March, 4th. The technology company reported ($0.04) EPS for the quarter, meeting the Thomson Reuters' consensus estimate of ($0.04). The technology company had revenue of $41.90 million for the quarter, compared to analyst estimates of $30.90 million. Ballard Power Systems had a negative net margin of 36.73% and a negative return on equity of 14.21%. View Ballard Power Systems' earnings history.

3 equities research analysts have issued twelve-month price objectives 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 73.2% from the stock's current price. View analysts' price targets for Ballard Power Systems.

Headlines about BLDP stock have been trending somewhat positive this week, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. 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 news sentiment score of 1.2 on InfoTrie's scale. They also assigned media headlines about the technology company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. 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 daily trading volume, of 4,249,700 shares, the days-to-cover ratio is presently 2.3 days. Approximately 6.1% of the company's stock are short sold. 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."

Ballard Power Systems' stock is owned by a number of institutional and retail investors. Top institutional shareholders include TD Asset Management Inc. (0.20%), Public Sector Pension Investment Board (0.18%), Swiss National Bank (0.15%), Bank of Montreal Can (0.15%), BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp (0.14%) and First Trust Advisors LP (0.11%).

BLDP stock was sold by a variety of institutional investors in the last quarter, including Commerzbank Aktiengesellschaft FI, Goldman Sachs Group Inc., Public Sector Pension Investment Board, KBC Group NV, TD Asset Management Inc., Bank of America Corp DE, CIBC World Markets Inc., and Toronto Dominion Bank.

BLDP stock was bought by a variety of institutional investors in the last quarter, including Credit Suisse AG, Banque Cantonale Vaudoise, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Summit Place Financial Advisors LLC, State Street Corp, Zurcher Kantonalbank Zurich Cantonalbank, HAP Trading LLC, and First Trust Advisors LP.

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 $7.70.

Ballard Power Systems has a market capitalization of $1.81 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]