Ballard Power Systems Inc. (BLDP)

NASDAQ: BLDP · Real-Time Price · USD
1.620
+0.120 (8.00%)
Dec 20, 2024, 4:00 PM EST - Market closed
8.00%
Market Cap 487.49M
Revenue (ttm) 91.96M
Net Income (ttm) -329.02M
Shares Out 299.42M
EPS (ttm) -1.10
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 11,598,462
Open 1.570
Previous Close 1.500
Day's Range 1.500 - 1.650
52-Week Range 1.230 - 3.830
Beta 1.75
Analysts Hold
Price Target 2.25 (+38.89%)
Earnings Date Nov 5, 2024

About BLDP

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 comprising for bus, truck, rail, marine, stationary, and emerging market, such as material handling, off-road, and other applications. It also engages in the delivery of services, including technology solutions, after sales services, and training; and provision of engineering services, product and systems integration services, and related technology ... [Read more]

Sector Industrials
IPO Date Nov 8, 1995
Employees 1,173
Stock Exchange NASDAQ
Ticker Symbol BLDP
Full Company Profile

Financial Performance

In 2023, Ballard Power Systems's revenue was $102.37 million, an increase of 25.05% compared to the previous year's $81.86 million. Losses were -$177.72 million, 2.43% more than in 2022.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for BLDP stock is "Hold." The 12-month stock price forecast is $2.25, which is an increase of 38.89% from the latest price.

Price Target
$2.25
(38.89% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Ballard announces multiple orders totaling over 6 MW of fuel cell engines for European bus market

VANCOUVER, BC , Dec. 20, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced orders from two bus manufacturers to supply over 90 fuel cell engines, representing approx...

1 day ago - PRNewsWire

Ballard to Supply 8 MW of Fuel Cell Engines to Stadler for Californian Passenger Rail

VANCOUVER, BC , Dec. 9, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced the signing of a multi-year supply agreement with Stadler US ("Stadler"; www.stadlerrail.co...

12 days ago - PRNewsWire

CPKC places follow-on order for approximately 20 MW of Ballard fuel cell engines for North American locomotives

VANCOUVER, BC , Dec. 5, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced the signing of a new Long Term Supply Agreement ("LTSA") with Canadian Pacific Kansas City ...

Other symbols: CP
16 days ago - PRNewsWire

Ballard Power: Investors Need To Hope For A Sale Or Change In Strategic Focus - Hold

Leading Canadian fuel cell systems developer Ballard Power Systems reported abysmal Q3/2024 results, with revenues and profitability missing consensus expectations by a mile. Consolidated gross margin...

4 weeks ago - Seeking Alpha

Ballard Power Systems Inc. (BLDP) Q3 2024 Earnings Call Transcript

Ballard Power Systems Inc. (NASDAQ:BLDP) Q3 2024 Earnings Conference Call November 5, 2024 11:00 AM ET Company Participants Sumit Kundu – Manager and Investor Relations Randy MacEwen – Chief Executiv...

6 weeks ago - Seeking Alpha

Ballard Reports Q3 2024 Results

VANCOUVER, BC , Nov. 5, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced consolidated financial results for the third quarter ended September 30, 2024. All amounts ...

6 weeks ago - PRNewsWire

Ballard announces purchase order to supply 200 fuel cell engines to New Flyer

VANCOUVER, BC and WINNIPEG, MB , Nov. 4, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced a purchase order to supply 200 fuel cell engines to New Flyer, a subsidiar...

6 weeks ago - PRNewsWire

Ballard Announces Q3 2024 Results Conference Call

VANCOUVER, BC , Oct. 3, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) will hold a conference call on Tuesday, November 5 th, 2024 at 8:00 a.m. Pacific Time (11:00 a.m.

2 months ago - PRNewsWire

Hydrogen Truck Market Global Forecast to 2035, Featuring Case Studies of Ballard Power Systems, Transport for London (TFL), Van Hool and Hall Transport

Dublin, Sept. 18, 2024 (GLOBE NEWSWIRE) -- The "Hydrogen Truck Market by Vehicle Type, Fuel Cell Technology, Motor Power (Upto 200 Kw, 200-400 Kw, Above 400 Kw), Range (Upto 300 Miles, 300-500 Miles, ...

3 months ago - GlobeNewsWire

Ballard announces restructuring to lower total operating expenses by more than 30% to align with delayed market adoption, while maintaining long-term competitiveness and balance sheet strength

VANCOUVER, BC , Sept. 12, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced a global corporate restructuring to reduce corporate spending and in order to maintain ba...

3 months ago - PRNewsWire

Ballard Power Systems Q2: Poor Results And Weak Near-Term Prospects, Hold

Ballard Power Systems Inc. reported weak Q2/2024 results with poor margins and revenues coming in well below expectations. Order intake deteriorated to new multi-year lows as a number of customers pus...

4 months ago - Seeking Alpha

Ballard Power Systems Inc. (BLDP) Q2 2024 Earnings Call Transcript

Ballard Power Systems Inc. (NASDAQ:BLDP) Q2 2024 Earnings Conference Call August 12, 2024 11:00 AM ET Company Participants Kate Igbalode - VP, IR Randy MacEwen - CEO Paul Dobson - CFO Conference Call...

4 months ago - Seeking Alpha

Ballard Reports Q2 2024 Results

Quarter highlights include new product launch, progress on next-gen plate manufacturing, and data center market development VANCOUVER, BC , Aug. 12, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ: ...

4 months ago - PRNewsWire

Ballard Announces Q2 2024 Results Conference Call

VANCOUVER, BC , July 11, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) will hold a conference call on Monday, August 12 th, 2024 at 8:00 a.m. Pacific Time (11:00 a.m.

5 months ago - PRNewsWire

Ballard and Vertiv announce strategic technology partnership to support alternative energy usage for data centers

VANCOUVER, BC and WESTERVILLE, Ohio , June 18, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) and Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and con...

Other symbols: VRT
6 months ago - PRNewsWire

Ballard Publishes its 2023 ESG Report

VANCOUVER, BC , June 10, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today releases its 2023 Environmental, Social, and Governance (ESG) Report, highlighting progress across B...

6 months ago - PRNewsWire

Ballard Power announces results of Annual General Meeting 2024

VANCOUVER, BC , June 6, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced results of its 2024 Annual General Meeting, which was held on June 5 th. All nominees liste...

7 months ago - PRNewsWire

Element 1 Corp. and Ballard Power Systems Collaborate on Revolutionary Hydrogen Power Solutions

BEND, Ore.--(BUSINESS WIRE)--Element 1 Corp, a pioneer in on-demand hydrogen generation technology, and Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP), have joined forces to accelerate the adoption o...

7 months ago - Business Wire

Ballard launches 9th generation high-performance fuel cell engine for heavy-duty vehicles at ACT Expo 2024

VANCOUVER, BC and LAS VEGAS , May 20, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today unveils its 9th generation, high-performance fuel cell engine, the FCmove®-XD, at the A...

7 months ago - PRNewsWire

Ballard Reports Q1 2024 Results

VANCOUVER, BC , May 7, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced consolidated financial results for the first quarter ended March 31, 2024. All amounts are i...

8 months ago - PRNewsWire

Delicious Runway For Patient Ballard Power Shareholders

Ballard Power has been a disappointment for investors, but it may be a good speculative buy at this point. The company's financial performance has been lackluster, with declining margins and continued...

8 months ago - Seeking Alpha

Ballard Power Systems ($BLDP) to build 70 hydrogen fuel cell engines for transit buses in Europe

Ballard Power Systems (NASDAQ: BLDP), a leading hydrogen fuel cell producer, has announced that the company has received numerous purchase orders for a total of 70 FCmove®-HD hydrogen fuel cell engine...

8 months ago - Green Stock News

Ballard announces orders for 70 hydrogen fuel cell engines for delivery to Wrightbus in 2024

VANCOUVER, BC , April 16, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced multiple purchase orders totaling 70 FCmove®-HD hydrogen fuel cell engines from its custo...

8 months ago - PRNewsWire

Ballard Announces Q1 2024 Results Conference Call

VANCOUVER, BC , April 9, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) will hold a conference call on Tuesday, May 7 th, 2024 at 8:00 a.m. Pacific Time (11:00 a.m.

9 months ago - PRNewsWire

Ballard Power Stock Rises. Fuel-Cell Maker Gets Largest Order in Its History.

Ballard signs an agreement with a European bus maker for the supply of 1,000 fuel-cell engines through 2027.

9 months ago - Barrons