NASDAQ:BLDP

Ballard Power Systems (BLDP) Price Target & Analyst Ratings

$4.25

-0.06 (-1.39%)

(As of 06/5/2023 ET)

Compare

Today's Range: $4.23
▼
$4.37
50-Day Range: $4.18
▼
$5.57
52-Week Range: $3.97
▼
$9.28

Volume: 2.08 million shs
Average Volume: 3.04 million shs
Market Capitalization: $1.27 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $6.82

Ballard Power Systems Consensus Rating and Price Target (2023)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Analyst Rating

Hold
Based on 15 Analyst Ratings

Consensus Analyst Price Target

$6.82
60.37% Upside

High Prediction	$19.00
Average Prediction	$6.82
Low Prediction	$4.50

Type	Current 6/6/22 to 6/6/23	1 Month Ago 5/7/22 to 5/7/23	3 Months Ago 3/8/22 to 3/8/23	1 Year Ago 6/6/21 to 6/6/22
Consensus Rating	Hold	Hold	Hold	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	0 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)	5 Buy rating(s)
Hold	13 Hold rating(s)	14 Hold rating(s)	13 Hold rating(s)	9 Hold rating(s)
Sell	2 Sell rating(s)	2 Sell rating(s)	2 Sell rating(s)	2 Sell rating(s)
Consensus Price Target	$6.82	$7.00	$7.74	$13.00
Predicted Upside	60.37% Upside	24.98% Upside	32.18% Upside	11.78% Upside

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BLDP Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

BLDP Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Ballard Power Systems Stock vs. The Competition

Type	Ballard Power Systems	Computer and Technology Companies	S&P 500
Consensus Rating Score	1.87	2.55	2.48
Consensus Rating	Hold	Buy	Hold
Predicted Upside	60.37% Upside	247.57% Upside	219.76% Upside
News Sentiment Rating	Neutral News	Positive News	Positive News

Historical Target Prices and Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
5/8/2023	B. Riley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$9.00 ➝ $6.00	+29.31%
3/21/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Market Perform	$6.00 ➝ $5.00	-6.54%
3/20/2023	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold	$6.50 ➝ $5.00	-0.79%
3/20/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$5.50 ➝ $4.50	-9.46%
3/20/2023	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$6.00 ➝ $5.50	+10.66%
3/15/2023	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$7.00 ➝ $6.00	+20.48%

3/9/2023	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Sector Perform	$7.25	+29.70%
1/17/2023	National Bankshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Sector Perform	$8.00 ➝ $7.00	+14.94%
1/6/2023	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Equal Weight ➝ Underweight	$6.00 ➝ $5.00	-0.79%
12/13/2022	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral
11/15/2022	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$7.50	+16.64%
11/8/2022	Susquehanna Bancshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral	$6.50 ➝ $6.00	+6.76%
11/8/2022	Lake Street Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$32.00 ➝ $19.00	+249.91%
11/8/2022	National Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Sector Perform	$12.00 ➝ $8.00	+47.33%
11/8/2022	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral	$7.50 ➝ $6.30	+16.02%
11/8/2022	National Bank Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	R. Merer Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Sector Perform
10/19/2022	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold	$6.00	+5.08%
6/8/2022	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Sell	$5.00	-33.95%

(Data available from 6/6/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

BLDP Price Target - Frequently Asked Questions

What is Ballard Power Systems's consensus rating and price target?: According to the issued ratings of 15 analysts in the last year, the consensus rating for Ballard Power Systems stock is Hold based on the current 2 sell ratings and 13 hold ratings for BLDP. The average twelve-month price prediction for Ballard Power Systems is $6.82 with a high price target of $19.00 and a low price target of $4.50. Learn more on BLDP's analyst rating history.
Do Wall Street analysts like Ballard Power Systems more than its competitors?: Analysts like Ballard Power Systems less than other Computer and Technology companies. The consensus rating for Ballard Power Systems is Hold while the average consensus rating for computer and technology companies is Buy. Learn more on how BLDP compares to other companies.
Does Ballard Power Systems's stock price have much upside?: According to analysts, Ballard Power Systems's stock has a predicted upside of 22.23% based on their 12-month price targets.

What analysts cover Ballard Power Systems?: Ballard Power Systems has been rated by B. Riley, BMO Capital Markets, Raymond James, Scotiabank, Susquehanna, TD Securities, and Truist Financial in the past 90 days.

Stock Ratings Reports and Tools

This page (NASDAQ:BLDP) was last updated on 6/6/2023 by MarketBeat.com Staff

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