Ballard Power Systems (BLDP) Competitors

$2.17 -0.01 (-0.46%)

Closing price 09/18/2026 04:00 PM Eastern

Extended Trading

$2.19 +0.02 (+1.15%)

As of 09/18/2026 07:35 PM Eastern

BLDP vs. FCEL, PLUG, BE, SEDG, and PLPC

Should you buy Ballard Power Systems stock or one of its competitors? Ballard Power Systems's main competitors and comparable companies include FuelCell Energy (FCEL), Plug Power (PLUG), Bloom Energy (BE), SolarEdge Technologies (SEDG), and Preformed Line Products (PLPC). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "electrical equipment" industry.

How does Ballard Power Systems compare to FuelCell Energy?

Ballard Power Systems (NASDAQ:BLDP) and FuelCell Energy (NASDAQ:FCEL) are both small-cap industrials companies, but which is the superior business? We will contrast the two companies based on the strength of their earnings, risk, analyst recommendations, media sentiment, dividends, institutional ownership, valuation and profitability.

In the previous week, FuelCell Energy had 59 more articles in the media than Ballard Power Systems. MarketBeat recorded 59 mentions for FuelCell Energy and 0 mentions for Ballard Power Systems. FuelCell Energy's average media sentiment score of 0.49 beat Ballard Power Systems' score of 0.00 indicating that FuelCell Energy is being referred to more favorably in the news media.

Company	Overall Sentiment
Ballard Power Systems	Neutral
FuelCell Energy	Neutral

Ballard Power Systems presently has a consensus price target of $3.50, indicating a potential upside of 61.29%. FuelCell Energy has a consensus price target of $21.75, indicating a potential upside of 20.10%. Given Ballard Power Systems' higher probable upside, equities research 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)	10 Hold rating(s)	2 Buy rating(s)	0 Strong Buy rating(s)	1.93
FuelCell Energy	2 Sell rating(s)	4 Hold rating(s)	5 Buy rating(s)	0 Strong Buy rating(s)	2.27

Ballard Power Systems has a beta of 2.26, meaning that its share price is 126% more volatile than the broader market. Comparatively, FuelCell Energy has a beta of 2.35, meaning that its share price is 135% more volatile than the broader market.

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.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Ballard Power Systems	$99.40M	7.66	-$90.91M	-$0.26	N/A
FuelCell Energy	$158.16M	9.15	-$187.90M	-$3.43	N/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 endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Ballard Power Systems has a net margin of -72.78% compared to FuelCell Energy's net margin of -113.60%. Ballard Power Systems' return on equity of -13.23% beat FuelCell Energy's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Ballard Power Systems	-72.78%	-13.23%	-11.44%
FuelCell Energy	-113.60%	-16.85%	-12.31%

Summary

FuelCell Energy beats Ballard Power Systems on 10 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 industrials companies, but which is the superior business? We will contrast the two businesses based on the strength of their risk, dividends, earnings, valuation, institutional ownership, profitability, analyst recommendations and media sentiment.

Ballard Power Systems has a beta of 2.26, meaning that its stock price is 126% more volatile than the broader market. Comparatively, Plug Power has a beta of 2.21, meaning that its stock price is 121% more volatile than the broader market.

Ballard Power Systems currently has a consensus price target of $3.50, suggesting a potential upside of 61.29%. Plug Power has a consensus price target of $3.59, suggesting a potential upside of 71.65%. 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)	10 Hold rating(s)	2 Buy rating(s)	0 Strong Buy rating(s)	1.93
Plug Power	3 Sell rating(s)	7 Hold rating(s)	5 Buy rating(s)	2 Strong Buy rating(s)	2.35

In the previous week, Plug Power had 13 more articles in the media than Ballard Power Systems. MarketBeat recorded 13 mentions for Plug Power and 0 mentions for Ballard Power Systems. Plug Power's average media sentiment score of 0.33 beat Ballard Power Systems' score of 0.00 indicating that Plug Power is being referred to more favorably in the news media.

Company	Overall Sentiment
Ballard Power Systems	Neutral
Plug Power	Neutral

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.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Ballard Power Systems	$99.40M	7.66	-$90.91M	-$0.26	N/A
Plug Power	$709.92M	4.11	-$1.63B	-$1.26	N/A

Ballard Power Systems has a net margin of -72.78% compared to Plug Power's net margin of -220.59%. Ballard Power Systems' return on equity of -13.23% beat Plug Power's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Ballard Power Systems	-72.78%	-13.23%	-11.44%
Plug Power	-220.59%	-56.01%	-21.09%

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 is poised for long-term growth.

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 industrials companies, but which is the better investment? We will compare the two companies based on the strength of their profitability, earnings, risk, analyst recommendations, institutional ownership, dividends, media sentiment and valuation.

Bloom Energy has a beta of 3.8, indicating that its stock price is 280% more volatile than the broader market. Comparatively, Ballard Power Systems has a beta of 2.26, indicating that its stock price is 126% more volatile than the broader market.

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

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Bloom Energy	$2.02B	38.68	-$88.43M	$0.75	354.36
Ballard Power Systems	$99.40M	7.66	-$90.91M	-$0.26	N/A

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 insiders. Comparatively, 0.2% of Ballard Power Systems shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Bloom Energy has a net margin of 7.87% compared to Ballard Power Systems' net margin of -72.78%. Bloom Energy's return on equity of 35.45% beat Ballard Power Systems' return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Bloom Energy	7.87%	35.45%	8.30%
Ballard Power Systems	-72.78%	-13.23%	-11.44%

Bloom Energy presently has a consensus target price of $254.14, indicating a potential downside of 4.38%. Ballard Power Systems has a consensus target price of $3.50, indicating a potential upside of 61.29%. 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)	3 Strong Buy rating(s)	2.58
Ballard Power Systems	3 Sell rating(s)	10 Hold rating(s)	2 Buy rating(s)	0 Strong Buy rating(s)	1.93

In the previous week, Bloom Energy had 89 more articles in the media than Ballard Power Systems. MarketBeat recorded 89 mentions for Bloom Energy and 0 mentions for Ballard Power Systems. Bloom Energy's average media sentiment score of 0.55 beat Ballard Power Systems' score of 0.00 indicating that Bloom Energy is being referred to more favorably in the media.

Company	Overall Sentiment
Bloom Energy	Positive
Ballard Power Systems	Neutral

Summary

Bloom Energy beats Ballard Power Systems on 16 of the 17 factors compared between the two stocks.

How does Ballard Power Systems compare to SolarEdge Technologies?

SolarEdge Technologies (NASDAQ:SEDG) and Ballard Power Systems (NASDAQ:BLDP) are both industrials companies, but which is the better investment? We will contrast the two companies based on the strength of their profitability, institutional ownership, analyst recommendations, risk, valuation, earnings, dividends and media sentiment.

SolarEdge Technologies has a beta of 1.44, suggesting that its share price is 44% more volatile than the broader market. Comparatively, Ballard Power Systems has a beta of 2.26, suggesting that its share price is 126% more volatile than the broader market.

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

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
SolarEdge Technologies	$1.18B	1.80	-$405.45M	-$4.50	N/A
Ballard Power Systems	$99.40M	7.66	-$90.91M	-$0.26	N/A

In the previous week, SolarEdge Technologies had 10 more articles in the media than Ballard Power Systems. MarketBeat recorded 10 mentions for SolarEdge Technologies and 0 mentions for Ballard Power Systems. SolarEdge Technologies' average media sentiment score of 0.40 beat Ballard Power Systems' score of 0.00 indicating that SolarEdge Technologies is being referred to more favorably in the media.

Company	Overall Sentiment
SolarEdge Technologies	Neutral
Ballard Power Systems	Neutral

SolarEdge Technologies has a net margin of -20.29% compared to Ballard Power Systems' net margin of -72.78%. Ballard Power Systems' return on equity of -13.23% beat SolarEdge Technologies' return on equity.

Company	Net Margins	Return on Equity	Return on Assets
SolarEdge Technologies	-20.29%	-29.17%	-5.62%
Ballard Power Systems	-72.78%	-13.23%	-11.44%

SolarEdge Technologies presently has a consensus price target of $39.00, suggesting a potential upside of 12.46%. Ballard Power Systems has a consensus price target of $3.50, suggesting a potential upside of 61.29%. Given Ballard Power Systems' stronger consensus rating and higher possible upside, analysts plainly believe Ballard Power Systems is more favorable than SolarEdge Technologies.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
SolarEdge Technologies	5 Sell rating(s)	11 Hold rating(s)	2 Buy rating(s)	0 Strong Buy rating(s)	1.83
Ballard Power Systems	3 Sell rating(s)	10 Hold rating(s)	2 Buy rating(s)	0 Strong Buy rating(s)	1.93

95.1% of SolarEdge Technologies shares are held by institutional investors. Comparatively, 28.0% of Ballard Power Systems shares are held by institutional investors. 1.0% of SolarEdge Technologies shares are held by insiders. Comparatively, 0.2% of Ballard Power Systems shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Summary

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

How does Ballard Power Systems compare to Preformed Line Products?

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

In the previous week, Preformed Line Products had 5 more articles in the media than Ballard Power Systems. MarketBeat recorded 5 mentions for Preformed Line Products and 0 mentions for Ballard Power Systems. Preformed Line Products' average media sentiment score of 0.94 beat Ballard Power Systems' score of 0.00 indicating that Preformed Line Products is being referred to more favorably in the news media.

Company	Overall Sentiment
Ballard Power Systems	Neutral
Preformed Line Products	Positive

28.0% of Ballard Power Systems shares are owned by institutional investors. Comparatively, 41.2% of Preformed Line Products shares are owned by institutional investors. 0.2% of Ballard Power Systems shares are owned by company insiders. Comparatively, 33.0% of Preformed Line Products shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Ballard Power Systems has a beta of 2.26, meaning that its share price is 126% more volatile than the broader market. Comparatively, Preformed Line Products has a beta of 0.93, meaning that its share price is 7% less volatile than the broader market.

Preformed Line Products has a net margin of 5.82% compared to Ballard Power Systems' net margin of -72.78%. Preformed Line Products' return on equity of 10.64% beat Ballard Power Systems' return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Ballard Power Systems	-72.78%	-13.23%	-11.44%
Preformed Line Products	5.82%	10.64%	7.65%

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

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Ballard Power Systems	$99.40M	7.66	-$90.91M	-$0.26	N/A
Preformed Line Products	$669.34M	3.01	$35.28M	$8.88	46.44

Ballard Power Systems currently has a consensus target price of $3.50, suggesting a potential upside of 61.29%. Preformed Line Products has a consensus target price of $275.00, suggesting a potential downside of 33.31%. Given Ballard Power Systems' higher possible upside, analysts clearly believe Ballard Power Systems is more favorable than Preformed Line Products.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Ballard Power Systems	3 Sell rating(s)	10 Hold rating(s)	2 Buy rating(s)	0 Strong Buy rating(s)	1.93
Preformed Line Products	0 Sell rating(s)	1 Hold rating(s)	0 Buy rating(s)	1 Strong Buy rating(s)	3.00

Summary

Preformed Line Products beats Ballard Power Systems on 13 of the 17 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.

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.

BLDP vs. The Competition

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Metric	Ballard Power Systems	Electrical Equipment Industry	Industrials Sector	NASDAQ Exchange
Market Cap	$761.87M	$10.42B	$10.21B	$13.19B
Dividend Yield	N/A	2.35%	97.05%	12.81%
P/E Ratio	-8.35	46.33	25.52	25.40
Price / Sales	7.66	1,619.23	281.55	89.45
Price / Cash	N/A	32.83	23.81	51.42
Price / Book	1.11	7.49	4.80	6.33
Net Income	-$90.91M	$139.36M	$614.67M	$358.33M
7 Day Performance	-1.81%	9.87%	1.21%	1.12%
1 Month Performance	-8.44%	4.67%	-2.57%	-2.39%
1 Year Performance	-20.80%	4.08%	4.34%	5.35%

Ballard Power Systems Competitors List

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Company	MarketRank	Share Price	Analysts' Price Target	1Y Price Performance	Market Cap	Revenue	P/E Ratio	Employee Count	Indicator(s)
BLDP Ballard Power Systems	1.7631 of 5 stars	$2.17 -0.5%	$3.50 +61.3%	-20.8%	$761.87M	$99.40M	N/A	492
FCEL FuelCell Energy	3.4022 of 5 stars	$15.33 +0.3%	$21.75 +41.9%	+116.6%	$1.22B	$154.14M	N/A	629	Trending News Analyst Forecast Insider Trade
PLUG Plug Power	2.7876 of 5 stars	$2.06 -0.2%	$3.59 +74.6%	-4.1%	$2.86B	$709.92M	N/A	2,582	News Coverage
BE Bloom Energy	2.4641 of 5 stars	$266.10 +3.5%	$254.14 -4.5%	+212.3%	$78.11B	$2.02B	353.62	2,214	Trending News Insider Trade
SEDG SolarEdge Technologies	1.6126 of 5 stars	$34.88 -1.3%	$39.00 +11.8%	-2.2%	$2.13B	$1.18B	N/A	3,576	Analyst Downgrade

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This page (NASDAQ:BLDP) was last updated on 9/20/2026 by MarketBeat.com Staff.

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Ballard Power Systems (BLDP) Competitors

BLDP vs. FCEL, PLUG, BE, SEDG, and PLPC

How does Ballard Power Systems compare to FuelCell Energy?

Summary

How does Ballard Power Systems compare to Plug Power?

Summary

How does Ballard Power Systems compare to Bloom Energy?

Summary

How does Ballard Power Systems compare to SolarEdge Technologies?

Summary

How does Ballard Power Systems compare to Preformed Line Products?

Summary

New MarketBeat Followers Over Time

Media Sentiment Over Time

BLDP vs. The Competition

Ballard Power Systems Competitors List

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Ballard Power Systems (BLDP) Competitors

BLDP vs. FCEL, PLUG, BE, SEDG, and PLPC

How does Ballard Power Systems compare to FuelCell Energy?

Does the media refer more to BLDP or FCEL?

Do analysts rate BLDP or FCEL?

Which has more risk and volatility, BLDP or FCEL?

Which has higher valuation and earnings, BLDP or FCEL?

Do insiders and institutionals hold more shares of BLDP or FCEL?

Is BLDP or FCEL more profitable?

Summary

How does Ballard Power Systems compare to Plug Power?

Which has more risk & volatility, BLDP or PLUG?

Do analysts rate BLDP or PLUG?

Does the media refer more to BLDP or PLUG?

Which has stronger valuation and earnings, BLDP or PLUG?

Is BLDP or PLUG more profitable?

Do insiders & institutionals have more ownership in BLDP or PLUG?

Summary

How does Ballard Power Systems compare to Bloom Energy?

Which has more risk and volatility, BE or BLDP?

Which has preferable valuation and earnings, BE or BLDP?

Do insiders and institutionals believe in BE or BLDP?

Is BE or BLDP more profitable?

Do analysts rate BE or BLDP?

Does the media favor BE or BLDP?

Summary

How does Ballard Power Systems compare to SolarEdge Technologies?

Which has more risk and volatility, SEDG or BLDP?

Which has stronger valuation & earnings, SEDG or BLDP?

Does the media favor SEDG or BLDP?

Is SEDG or BLDP more profitable?

Do analysts recommend SEDG or BLDP?

Do institutionals and insiders have more ownership in SEDG or BLDP?

Summary

How does Ballard Power Systems compare to Preformed Line Products?

Does the media favor BLDP or PLPC?

Do insiders and institutionals have more ownership in BLDP or PLPC?

Which has more risk & volatility, BLDP or PLPC?

Is BLDP or PLPC more profitable?

Which has higher earnings and valuation, BLDP or PLPC?

Do analysts rate BLDP or PLPC?

Summary

New MarketBeat Followers Over Time

Media Sentiment Over Time

BLDP vs. The Competition

Ballard Power Systems Competitors List

Related Companies and Tools

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools