BLDP

Ballard Power Systems Inc. NASDAQ

Industrials ·Industrial - Machinery ·CA · ballard.com

$4.33

Mkt Cap $1.3B

52w Low $1.18 99.4% of range 52w High $4.35

50d MA $2.61 200d MA $2.61

P/E (TTM) -10.9x

EV/EBITDA -3.4x

P/B 1.7x

Debt/Equity 0.0x

ROE —

P/FCF -11.5x

RSI (14) —

ATR (14) —

Beta 1.54

50d MA $2.61

200d MA $2.61

Avg Volume 3.3M

About

Ballard Power Systems Inc. engages in the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cell products. The company offers its products for power product markets, consisting of heavy-duty motives, such as bus, truck, rail, and marine applications; material handling; and backup power. It also provides technology solutions, including engineering and techno…

Recent Earnings

Date	Time	Est	Rptd	Surp	Base	Gap%	D1%	D2%	D3%	D4%	D5%	Guide ▲★
Mar 12, 2026	BMO	-0.07	-0.06	+14.3%	2.42	+0.8%	-1.2%	-1.2%	+4.5%	+10.7%	+7.9%	—
Nov 13, 2025	BMO	-0.11	-0.09	+18.2%	3.19	-7.8%	-5.0%	-5.0%	-8.8%	-9.4%	-10.7%	—
Aug 11, 2025	BMO	-0.10	-0.08	+20.0%	1.80	+0.0%	-3.9%	-3.9%	+3.9%	+1.7%	+11.1%	—
May 6, 2025	BMO	-0.12	-0.07	+41.7%	1.21	+0.8%	-0.8%	-0.8%	+7.4%	+11.6%	+15.7%	—
Mar 13, 2025	BMO	-0.18	-0.14	+22.2%	1.28	+1.6%	+3.1%	+3.1%	+5.5%	+4.7%	+4.7%	—
Nov 5, 2024	BMO	-0.13	-0.19	-46.2%	1.67	-7.2%	-19.2%	-19.2%	-19.8%	-19.2%	-19.8%	—
Aug 12, 2024	BMO	-0.13	-0.11	+15.4%	1.84	-1.6%	+7.1%	+7.1%	-0.5%	+0.5%	+2.2%	—
May 7, 2024	BMO	-0.13	-0.14	-7.7%	2.84	-1.8%	+1.4%	+1.4%	+8.1%	-0.4%	+6.0%	—
Mar 11, 2024	BMO	-0.12	-0.16	-33.3%	3.00	+0.7%	-4.0%	-4.0%	-7.0%	-9.0%	-7.3%	—
Nov 7, 2023	BMO	-0.13	-0.12	+7.7%	3.55	-1.1%	-4.2%	-4.2%	-2.5%	-6.5%	-7.9%	—
Aug 9, 2023	BMO	-0.13	-0.10	+23.1%	4.80	-1.7%	-4.2%	-4.2%	-3.8%	-2.5%	-8.3%	—
May 10, 2023	BMO	-0.13	-0.11	+15.4%	4.25	+0.5%	+3.5%	+3.5%	+2.6%	+6.4%	+1.9%	—

Recent Analyst Ratings

Date	Firm	Action	Grade	Target	Base	Open	Gap%	D1%	D2%	D3%	D4%	D5%
May 5	Lake Street	Upgrade	Hold → Buy	$5	—	—	—	—	—	—	—	—
Mar 27	Wells Fargo	Maintains	Underweight → Underweight	—	$2.45	$2.41	-1.6%	-2.9%	-6.1%	-1.2%	-1.6%	+1.2%
Oct 22	UBS	Maintains	Neutral → Neutral	—	$3.33	$3.15	-5.4%	-1.5%	-1.5%	+3.3%	+2.4%	+3.3%
Oct 13	Susquehanna	Maintains	Neutral → Neutral	—	$3.27	$3.48	+6.4%	+6.7%	+21.7%	+15.0%	+12.2%	+11.0%
Aug 13	Wells Fargo	Maintains	Underweight → Underweight	—	$1.73	$1.76	+1.7%	+8.1%	+5.8%	+15.6%	+15.0%	+12.1%
Aug 12	Roth Capital	Maintains	Neutral → Neutral	—	$1.80	$1.80	+0.0%	-3.9%	+3.9%	+1.7%	+11.1%	+10.6%
Aug 12	BMO Capital	Maintains	Underperform → Underperform	—	$1.80	$1.80	+0.0%	-3.9%	+3.9%	+1.7%	+11.1%	+10.6%
Aug 11	Lake Street	Downgrade	Buy → Hold	—	$1.80	$1.77	-1.7%	+0.0%	-3.9%	+3.9%	+1.7%	+11.1%
Jul 21	Susquehanna	Maintains	Neutral → Neutral	—	$1.89	$1.90	+0.5%	+2.6%	+7.9%	+6.9%	+11.1%	+12.7%
May 12	UBS	Maintains	Neutral → Neutral	—	$1.35	$1.39	+3.0%	+3.7%	+3.0%	+5.2%	+1.5%	+5.2%
Apr 17	Citigroup	Downgrade	Neutral → Sell	—	$1.20	$1.17	-2.5%	-5.8%	-9.2%	-6.7%	-3.3%	+1.7%
Apr 14	Susquehanna	Maintains	Neutral → Neutral	—	$1.20	$1.21	+0.8%	+0.0%	-0.8%	+0.0%	-5.8%	-9.2%
Mar 14	Roth MKM	Maintains	Neutral → Neutral	—	$1.28	$1.30	+1.6%	+3.1%	+5.5%	+4.7%	+4.7%	+3.1%
Mar 14	BMO Capital	Maintains	Underperform → Underperform	—	$1.28	$1.30	+1.6%	+3.1%	+5.5%	+4.7%	+4.7%	+3.1%
Dec 4	CIBC	Maintains	Underperform → Underperform	—	$1.47	$1.47	+0.0%	-1.4%	+10.2%	+9.5%	+16.3%	+15.6%
Nov 6	CIBC	Maintains	Underperform → Underperform	—	$1.67	$1.55	-7.2%	-19.2%	-19.8%	-19.2%	-19.8%	-24.0%
Oct 16	Susquehanna	Maintains	Neutral → Neutral	—	$1.63	$1.62	-0.6%	+0.0%	-1.8%	+3.1%	+1.8%	+1.2%
Sep 16	Cormark Securities	Downgrade	Buy → Market Perform	—	$1.80	$1.79	-0.6%	-7.8%	-5.6%	-4.4%	-2.8%	-7.2%
Aug 14	Raymond James	Maintains	Market Perform → Market Perform	—	$1.97	$1.98	+0.5%	-7.1%	-6.1%	-4.6%	-3.6%	-6.1%
Aug 13	Lake Street	Maintains	Buy → Buy	—	$1.84	$1.81	-1.6%	+7.1%	-0.5%	+0.5%	+2.2%	+3.3%
Aug 13	Jefferies	Maintains	Hold → Hold	—	$1.84	$1.81	-1.6%	+7.1%	-0.5%	+0.5%	+2.2%	+3.3%
Aug 13	Truist	Maintains	Hold → Hold	—	$1.84	$1.81	-1.6%	+7.1%	-0.5%	+0.5%	+2.2%	+3.3%
Aug 13	BMO Capital	Maintains	Underperform → Underperform	—	$1.84	$1.81	-1.6%	+7.1%	-0.5%	+0.5%	+2.2%	+3.3%
Aug 13	Susquehanna	Maintains	Neutral → Neutral	—	$1.84	$1.81	-1.6%	+7.1%	-0.5%	+0.5%	+2.2%	+3.3%
Aug 13	CIBC	Downgrade	Neutral → Underperform	—	$1.84	$1.81	-1.6%	+7.1%	-0.5%	+0.5%	+2.2%	+3.3%
Aug 13	Wells Fargo	Maintains	Underweight → Underweight	—	$1.84	$1.81	-1.6%	+7.1%	-0.5%	+0.5%	+2.2%	+3.3%
May 9	Wells Fargo	Maintains	Underweight → Underweight	—	$2.88	$2.87	-0.3%	+6.6%	-1.7%	+4.5%	+11.1%	+8.7%
May 8	Truist	Maintains	Hold → Hold	—	$2.84	$2.79	-1.8%	+1.4%	+8.1%	-0.4%	+6.0%	+12.7%
May 8	HSBC	Maintains	Buy → Buy	—	$2.84	$2.79	-1.8%	+1.4%	+8.1%	-0.4%	+6.0%	+12.7%
May 8	CIBC	Maintains	Neutral → Neutral	—	$2.84	$2.79	-1.8%	+1.4%	+8.1%	-0.4%	+6.0%	+12.7%
Mar 13	Raymond James	Maintains	Market Perform → Market Perform	—	$2.88	$2.85	-1.0%	-3.1%	-5.2%	-3.5%	-4.9%	-4.5%
Mar 13	Piper Sandler	Maintains	Underweight → Underweight	—	$2.88	$2.85	-1.0%	-3.1%	-5.2%	-3.5%	-4.9%	-4.5%
Mar 12	Susquehanna	Maintains	Neutral → Neutral	—	$3.00	$3.02	+0.7%	-4.0%	-7.0%	-9.0%	-7.3%	-8.7%
Mar 12	BMO Capital	Maintains	Underperform → Underperform	—	$3.00	$3.02	+0.7%	-4.0%	-7.0%	-9.0%	-7.3%	-8.7%
Mar 12	CIBC	Maintains	Neutral → Neutral	—	$3.00	$3.02	+0.7%	-4.0%	-7.0%	-9.0%	-7.3%	-8.7%
Mar 12	TD Securities	Maintains	Hold → Hold	—	$3.00	$3.02	+0.7%	-4.0%	-7.0%	-9.0%	-7.3%	-8.7%
Mar 12	HSBC	Maintains	Buy → Buy	—	$3.00	$3.02	+0.7%	-4.0%	-7.0%	-9.0%	-7.3%	-8.7%
Mar 12	Wells Fargo	Maintains	Underweight → Underweight	—	$3.00	$3.02	+0.7%	-4.0%	-7.0%	-9.0%	-7.3%	-8.7%
Nov 13	Truist	Maintains	Hold → Hold	—	$3.32	$3.25	-2.1%	-1.5%	+9.6%	+11.1%	+9.3%	+10.2%
Nov 13	Wells Fargo	Maintains	Underweight → Underweight	—	$3.32	$3.25	-2.1%	-1.5%	+9.6%	+11.1%	+9.3%	+10.2%
Nov 8	Susquehanna	Maintains	Neutral → Neutral	—	$3.55	$3.51	-1.1%	-4.2%	-2.5%	-6.5%	-7.9%	+2.5%
Nov 6	Truist	Maintains	Hold → Hold	—	$3.66	$3.62	-1.1%	-2.7%	-3.0%	-7.1%	-5.5%	-9.3%
Oct 24	HSBC	Upgrade	Hold → Buy	—	$3.30	$3.45	+4.5%	+6.1%	+2.4%	-0.6%	-4.2%	-3.3%
Oct 10	UBS	Maintains	Neutral → Neutral	—	$3.49	$3.50	+0.3%	+7.2%	+8.9%	+5.4%	+4.3%	+6.0%
Aug 14	Susquehanna	Maintains	Neutral → Neutral	—	$4.62	$4.57	-1.1%	+1.3%	-4.8%	-6.7%	-9.1%	-9.3%
Jun 27	B. Riley Securities	Downgrade	Buy → Neutral	—	$4.26	$4.20	-1.4%	-0.7%	+1.6%	+3.3%	+2.3%	+2.3%
Jun 16	Scotiabank	Maintains	Sector Perform → Perform	—	$4.63	$4.68	+1.1%	-1.1%	-2.2%	-4.3%	-5.4%	-7.1%
Jun 15	Scotiabank	Maintains	Sector Perform → Sector Perform	—	$4.68	$4.70	+0.4%	-1.1%	-2.1%	-3.2%	-5.3%	-6.4%
Jun 14	Wells Fargo	Maintains	Underweight → Underweight	—	$5.34	$5.51	+3.2%	-12.4%	-13.3%	-14.2%	-15.2%	-17.0%
Jun 14	BMO Capital	Downgrade	Market Perform → Underperform	—	$5.34	$5.51	+3.2%	-12.4%	-13.3%	-14.2%	-15.2%	-17.0%

Data updated apr 24, 2026 9:58pm · Source: massive.com