Ballard Power Systems Inc. (BLDP)
NASDAQ: BLDP · IEX Real-Time Price · USD
2.290
-0.100 (-4.18%)
At close: Jul 19, 2024, 4:00 PM
2.310
+0.020 (0.87%)
Pre-market: Jul 22, 2024, 4:07 AM EDT
Ballard Power Systems Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for BLDP stock have an average target of 3.35, with a low estimate of 2.30 and a high estimate of 4.25. The average target predicts an increase of 46.29% from the current stock price of 2.29.
Analyst Consensus: Hold
* Price targets were last updated on May 9, 2024.
Analyst Ratings
The average analyst rating for BLDP stock from 11 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 6 | 9 | 9 | 9 | 9 | 7 |
| Sell | 2 | 3 | 3 | 3 | 3 | 3 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 13 | 13 | 13 | 13 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Sell Maintains $3.5 → $3 | Sell | Maintains | $3.5 → $3 | +31.00% | May 9, 2024 |
| HSBC | HSBC | Strong Buy Maintains $4.1 → $3.8 | Strong Buy | Maintains | $4.1 → $3.8 | +65.94% | May 8, 2024 |
| CIBC | CIBC | Hold Maintains $3.75 → $3.5 | Hold | Maintains | $3.75 → $3.5 | +52.84% | May 8, 2024 |
| Truist Securities | Truist Securities | Hold Reiterates $3.5 → $3 | Hold | Reiterates | $3.5 → $3 | +31.00% | May 8, 2024 |
| Raymond James | Raymond James | Hold Maintains $4.5 → $4 | Hold | Maintains | $4.5 → $4 | +74.67% | Mar 13, 2024 |
Financial Forecast
Revenue This Year
114.10M
from 102.37M
Increased by 11.46%
Revenue Next Year
165.72M
from 114.10M
Increased by 45.24%
EPS This Year
-0.54
from -0.59
EPS Next Year
-0.49
from -0.54
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 124.0M | 235.2M | 348.6M | 510.3M | 716.1M |
| Avg | 114.1M | 165.7M | 252.0M | 380.1M | 631.1M |
| Low | 103.9M | 132.3M | 150.1M | 183.3M | 581.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 21.1% | 106.1% | 110.4% | 102.5% | 88.4% |
| Avg | 11.5% | 45.2% | 52.0% | 50.9% | 66.0% |
| Low | 1.5% | 16.0% | -9.4% | -27.3% | 52.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.48 | -0.36 | -0.26 | -0.21 | -0.08 |
| Avg | -0.54 | -0.49 | -0.40 | -0.27 | -0.15 |
| Low | -0.66 | -0.55 | -0.47 | -0.34 | -0.21 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | - | - |
| Avg | - | - | - | - | - |
| Low | - | - | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.