Ballard Power Systems Inc. (TSX:BLDP)
8.84
+0.42 (4.99%)
May 28, 2026, 1:05 PM EST
Ballard Power Systems Stock Forecast
Stock Price Forecast
According to 12 analysts polled by S&P Global, Ballard Power Systems stock has a consensus rating of "Hold" and an average price target of $4.21. The average 1-year stock price forecast is 52.38% lower than the current stock price, while the lowest is $4.06 (-54.07%) and the highest is $4.37 (-50.57%).
Price Target: $4.21 (-52.38%)
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Ballard Power Systems stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 9 | 11 | 10 | 10 | 9 | 8 |
| Sell | 0 | 0 | 1 | 1 | 1 | 1 |
| Strong Sell | 4 | 2 | 2 | 2 | 2 | 1 |
| Total | 14 | 14 | 14 | 14 | 13 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Susquehanna | Susquehanna | Hold Maintains $3.59 → $5.87 | Hold | Maintains | $3.59 → $5.87 | -33.61% | May 20, 2026 |
| BMO Capital | BMO Capital | Sell Maintains $2.35 → $2.90 | Sell | Maintains | $2.35 → $2.90 | -67.20% | May 6, 2026 |
| ATB Cormark Capital Markets | ATB Cormark Capital Markets | Hold Maintains $4.83 → $5.94 | Hold | Maintains | $4.83 → $5.94 | -32.83% | May 6, 2026 |
| KeyBanc | KeyBanc | Hold Maintains n/a | Hold | Maintains | n/a | n/a | May 6, 2026 |
| TD Cowen | TD Cowen | Hold Reiterates $3.45 → $5.87 | Hold | Reiterates | $3.45 → $5.87 | -33.61% | May 5, 2026 |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. The data is sourced from Wall Street analysts. Data sources.