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Ballard Power Systems (BLDP) Competitors

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$3.89 +0.16 (+4.29%)
Closing price 06/30/2026 04:00 PM Eastern
Extended Trading
$3.98 +0.09 (+2.44%)
As of 07:49 AM Eastern
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BLDP vs. FCEL, PLUG, BE, QS, and FLNC

Should you buy Ballard Power Systems stock or one of its competitors? MarketBeat compares Ballard Power Systems with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Ballard Power Systems include FuelCell Energy (FCEL), Plug Power (PLUG), Bloom Energy (BE), QuantumScape (QS), and Fluence Energy (FLNC).

How does Ballard Power Systems compare to FuelCell Energy?

Ballard Power Systems (NASDAQ:BLDP) and FuelCell Energy (NASDAQ:FCEL) are related companies, but which is the superior investment? We will compare the two businesses based on the strength of their profitability, risk, earnings, analyst recommendations, valuation, dividends, media sentiment and institutional ownership.

Ballard Power Systems has a net margin of -78.60% compared to FuelCell Energy's net margin of -132.41%. Ballard Power Systems' return on equity of -13.48% beat FuelCell Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Ballard Power Systems-78.60% -13.48% -11.64%
FuelCell Energy -132.41%-15.90%-11.33%

Ballard Power Systems has higher earnings, but lower revenue than FuelCell Energy. Ballard Power Systems is trading at a lower price-to-earnings ratio than FuelCell Energy, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Ballard Power Systems$99.40M11.80-$90.91M-$0.27N/A
FuelCell Energy$158.16M15.39-$187.90M-$6.57N/A

28.0% of Ballard Power Systems shares are held by institutional investors. Comparatively, 42.8% of FuelCell Energy shares are held by institutional investors. 0.2% of Ballard Power Systems shares are held by company insiders. Comparatively, 5.5% of FuelCell Energy shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

In the previous week, FuelCell Energy had 55 more articles in the media than Ballard Power Systems. MarketBeat recorded 60 mentions for FuelCell Energy and 5 mentions for Ballard Power Systems. FuelCell Energy's average media sentiment score of 1.16 beat Ballard Power Systems' score of 0.31 indicating that FuelCell Energy is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Ballard Power Systems
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
FuelCell Energy
37 Very Positive mention(s)
11 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Ballard Power Systems has a beta of 2.19, meaning that its stock price is 119% more volatile than the broader market. Comparatively, FuelCell Energy has a beta of 2.42, meaning that its stock price is 142% more volatile than the broader market.

Ballard Power Systems presently has a consensus target price of $3.59, indicating a potential downside of 7.78%. FuelCell Energy has a consensus target price of $22.00, indicating a potential downside of 38.91%. Given Ballard Power Systems' higher possible upside, equities analysts clearly believe Ballard Power Systems is more favorable than FuelCell Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Ballard Power Systems
3 Sell rating(s)
11 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
1.87
FuelCell Energy
2 Sell rating(s)
4 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.11

Summary

FuelCell Energy beats Ballard Power Systems on 11 of the 16 factors compared between the two stocks.

How does Ballard Power Systems compare to Plug Power?

Ballard Power Systems (NASDAQ:BLDP) and Plug Power (NASDAQ:PLUG) are both electrical equipment companies, but which is the better business? We will compare the two businesses based on the strength of their valuation, earnings, profitability, dividends, risk, institutional ownership, media sentiment and analyst recommendations.

Ballard Power Systems has higher earnings, but lower revenue than Plug Power. Ballard Power Systems is trading at a lower price-to-earnings ratio than Plug Power, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Ballard Power Systems$99.40M11.80-$90.91M-$0.27N/A
Plug Power$709.92M5.33-$1.63B-$1.32N/A

Ballard Power Systems has a net margin of -78.60% compared to Plug Power's net margin of -227.13%. Ballard Power Systems' return on equity of -13.48% beat Plug Power's return on equity.

Company Net Margins Return on Equity Return on Assets
Ballard Power Systems-78.60% -13.48% -11.64%
Plug Power -227.13%-49.30%-21.75%

Ballard Power Systems has a beta of 2.19, indicating that its share price is 119% more volatile than the broader market. Comparatively, Plug Power has a beta of 2.12, indicating that its share price is 112% more volatile than the broader market.

Ballard Power Systems presently has a consensus price target of $3.59, indicating a potential downside of 7.78%. Plug Power has a consensus price target of $3.42, indicating a potential upside of 26.01%. Given Plug Power's stronger consensus rating and higher probable upside, analysts clearly believe Plug Power is more favorable than Ballard Power Systems.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Ballard Power Systems
3 Sell rating(s)
11 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
1.87
Plug Power
4 Sell rating(s)
7 Hold rating(s)
2 Buy rating(s)
2 Strong Buy rating(s)
2.13

28.0% of Ballard Power Systems shares are owned by institutional investors. Comparatively, 43.5% of Plug Power shares are owned by institutional investors. 0.2% of Ballard Power Systems shares are owned by company insiders. Comparatively, 1.4% of Plug Power shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

In the previous week, Plug Power had 6 more articles in the media than Ballard Power Systems. MarketBeat recorded 11 mentions for Plug Power and 5 mentions for Ballard Power Systems. Plug Power's average media sentiment score of 0.58 beat Ballard Power Systems' score of 0.31 indicating that Plug Power is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Ballard Power Systems
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Plug Power
5 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Plug Power beats Ballard Power Systems on 10 of the 17 factors compared between the two stocks.

How does Ballard Power Systems compare to Bloom Energy?

Bloom Energy (NYSE:BE) and Ballard Power Systems (NASDAQ:BLDP) are both electrical equipment companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, media sentiment, analyst recommendations, dividends, profitability, valuation, risk and earnings.

77.0% of Bloom Energy shares are held by institutional investors. Comparatively, 28.0% of Ballard Power Systems shares are held by institutional investors. 3.0% of Bloom Energy shares are held by company insiders. Comparatively, 0.2% of Ballard Power Systems shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

In the previous week, Bloom Energy had 54 more articles in the media than Ballard Power Systems. MarketBeat recorded 59 mentions for Bloom Energy and 5 mentions for Ballard Power Systems. Bloom Energy's average media sentiment score of 1.14 beat Ballard Power Systems' score of 0.31 indicating that Bloom Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Bloom Energy
42 Very Positive mention(s)
8 Positive mention(s)
3 Neutral mention(s)
3 Negative mention(s)
2 Very Negative mention(s)
Positive
Ballard Power Systems
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Bloom Energy has higher revenue and earnings than Ballard Power Systems. Bloom Energy is trading at a lower price-to-earnings ratio than Ballard Power Systems, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Bloom Energy$2.02B42.50-$88.43M-$0.05N/A
Ballard Power Systems$99.40M11.80-$90.91M-$0.27N/A

Bloom Energy has a net margin of 0.25% compared to Ballard Power Systems' net margin of -78.60%. Bloom Energy's return on equity of 21.05% beat Ballard Power Systems' return on equity.

Company Net Margins Return on Equity Return on Assets
Bloom Energy0.25% 21.05% 4.49%
Ballard Power Systems -78.60%-13.48%-11.64%

Bloom Energy currently has a consensus price target of $224.36, suggesting a potential downside of 25.81%. Ballard Power Systems has a consensus price target of $3.59, suggesting a potential downside of 7.78%. Given Ballard Power Systems' higher possible upside, analysts clearly believe Ballard Power Systems is more favorable than Bloom Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bloom Energy
1 Sell rating(s)
12 Hold rating(s)
10 Buy rating(s)
1 Strong Buy rating(s)
2.46
Ballard Power Systems
3 Sell rating(s)
11 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
1.87

Bloom Energy has a beta of 3.73, meaning that its share price is 273% more volatile than the broader market. Comparatively, Ballard Power Systems has a beta of 2.19, meaning that its share price is 119% more volatile than the broader market.

Summary

Bloom Energy beats Ballard Power Systems on 15 of the 17 factors compared between the two stocks.

How does Ballard Power Systems compare to QuantumScape?

Ballard Power Systems (NASDAQ:BLDP) and QuantumScape (NYSE:QS) are both electrical equipment companies, but which is the better business? We will compare the two companies based on the strength of their dividends, analyst recommendations, risk, media sentiment, profitability, institutional ownership, valuation and earnings.

28.0% of Ballard Power Systems shares are owned by institutional investors. Comparatively, 29.9% of QuantumScape shares are owned by institutional investors. 0.2% of Ballard Power Systems shares are owned by company insiders. Comparatively, 3.9% of QuantumScape shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

QuantumScape has a net margin of 0.00% compared to Ballard Power Systems' net margin of -78.60%. Ballard Power Systems' return on equity of -13.48% beat QuantumScape's return on equity.

Company Net Margins Return on Equity Return on Assets
Ballard Power Systems-78.60% -13.48% -11.64%
QuantumScape N/A -39.90%-35.31%

Ballard Power Systems has higher revenue and earnings than QuantumScape. Ballard Power Systems is trading at a lower price-to-earnings ratio than QuantumScape, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Ballard Power Systems$99.40M11.80-$90.91M-$0.27N/A
QuantumScapeN/AN/A-$477.86M-$0.71N/A

Ballard Power Systems has a beta of 2.19, suggesting that its share price is 119% more volatile than the broader market. Comparatively, QuantumScape has a beta of 2.6, suggesting that its share price is 160% more volatile than the broader market.

In the previous week, QuantumScape had 4 more articles in the media than Ballard Power Systems. MarketBeat recorded 9 mentions for QuantumScape and 5 mentions for Ballard Power Systems. Ballard Power Systems' average media sentiment score of 0.31 beat QuantumScape's score of -0.02 indicating that Ballard Power Systems is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Ballard Power Systems
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
QuantumScape
1 Very Positive mention(s)
1 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Ballard Power Systems currently has a consensus target price of $3.59, suggesting a potential downside of 7.78%. QuantumScape has a consensus target price of $11.13, suggesting a potential upside of 47.27%. Given QuantumScape's higher possible upside, analysts clearly believe QuantumScape is more favorable than Ballard Power Systems.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Ballard Power Systems
3 Sell rating(s)
11 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
1.87
QuantumScape
1 Sell rating(s)
6 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.86

Summary

Ballard Power Systems beats QuantumScape on 8 of the 15 factors compared between the two stocks.

How does Ballard Power Systems compare to Fluence Energy?

Fluence Energy (NASDAQ:FLNC) and Ballard Power Systems (NASDAQ:BLDP) are both electrical equipment companies, but which is the better stock? We will compare the two companies based on the strength of their earnings, risk, analyst recommendations, profitability, institutional ownership, dividends, media sentiment and valuation.

Fluence Energy has higher revenue and earnings than Ballard Power Systems. Fluence Energy is trading at a lower price-to-earnings ratio than Ballard Power Systems, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Fluence Energy$2.26B1.62-$48.31M-$0.36N/A
Ballard Power Systems$99.40M11.80-$90.91M-$0.27N/A

Fluence Energy presently has a consensus price target of $19.47, suggesting a potential downside of 2.06%. Ballard Power Systems has a consensus price target of $3.59, suggesting a potential downside of 7.78%. Given Fluence Energy's stronger consensus rating and higher probable upside, equities research analysts plainly believe Fluence Energy is more favorable than Ballard Power Systems.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Fluence Energy
4 Sell rating(s)
12 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.05
Ballard Power Systems
3 Sell rating(s)
11 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
1.87

In the previous week, Fluence Energy had 8 more articles in the media than Ballard Power Systems. MarketBeat recorded 13 mentions for Fluence Energy and 5 mentions for Ballard Power Systems. Fluence Energy's average media sentiment score of 0.76 beat Ballard Power Systems' score of 0.31 indicating that Fluence Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Fluence Energy
7 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Ballard Power Systems
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Fluence Energy has a beta of 2.77, suggesting that its share price is 177% more volatile than the broader market. Comparatively, Ballard Power Systems has a beta of 2.19, suggesting that its share price is 119% more volatile than the broader market.

Fluence Energy has a net margin of -1.62% compared to Ballard Power Systems' net margin of -78.60%. Fluence Energy's return on equity of -8.29% beat Ballard Power Systems' return on equity.

Company Net Margins Return on Equity Return on Assets
Fluence Energy-1.62% -8.29% -1.85%
Ballard Power Systems -78.60%-13.48%-11.64%

53.2% of Fluence Energy shares are owned by institutional investors. Comparatively, 28.0% of Ballard Power Systems shares are owned by institutional investors. 0.7% of Fluence Energy shares are owned by company insiders. Comparatively, 0.2% of Ballard Power Systems shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Summary

Fluence Energy beats Ballard Power Systems on 13 of the 16 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding BLDP and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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BLDP vs. The Competition

MetricBallard Power SystemsUTIL IndustryUtilities SectorNASDAQ Exchange
Market Cap$1.12B$30.27B$19.09B$12.45B
Dividend YieldN/A3.43%3.93%6.16%
P/E Ratio-14.4122.5820.3324.87
Price / Sales11.805.0140.12102.84
Price / CashN/A9.6119.5358.59
Price / Book1.983.242.476.54
Net Income-$90.91M$1.56B$785.96M$336.70M
7 Day Performance5.71%0.69%-0.05%2.81%
1 Month Performance-38.25%1.98%-0.96%0.58%
1 Year Performance141.61%16.42%12.67%31.29%

Ballard Power Systems Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BLDP
Ballard Power Systems
1.062 of 5 stars
$3.89
+4.3%
$3.59
-7.8%
+144.7%$1.12B$99.40MN/A1,370
FCEL
FuelCell Energy
1.7609 of 5 stars
$22.77
-6.6%
$15.04
-33.9%
+541.9%$1.56B$158.16MN/A510
PLUG
Plug Power
2.7668 of 5 stars
$2.75
-1.6%
$3.42
+24.4%
+81.9%$3.84B$709.92MN/A2,582
BE
Bloom Energy
2.6224 of 5 stars
$311.51
-9.9%
$224.36
-28.0%
+1,166.9%$87.40B$2.45BN/A2,214
QS
QuantumScape
1.7431 of 5 stars
$7.44
-2.3%
$11.13
+49.7%
+12.0%$4.56BN/AN/A850

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This page (NASDAQ:BLDP) was last updated on 7/1/2026 by MarketBeat.com Staff.
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