Ballard Power Systems Inc. (BLDP)
NASDAQ: BLDP · Real-Time Price · USD
1.465
-0.065 (-4.23%)
Dec 3, 2024, 2:09 PM EST - Market open
Ballard Power Systems Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for BLDP stock have an average target of 2.27, with a low estimate of 1.40 and a high estimate of 3.80. The average target predicts an increase of 54.95% from the current stock price of 1.47.
Analyst Consensus: Hold
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 9 | 9 | 7 | 8 | 7 | 6 |
| Sell | 3 | 3 | 4 | 4 | 4 | 4 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 12 | 13 | 12 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| CIBC | CIBC | Sell Maintains $1.6 → $1.4 | Sell | Maintains | $1.6 → $1.4 | -4.44% | Nov 6, 2024 |
| Susquehanna | Susquehanna | Hold Maintains $2 → $1.5 | Hold | Maintains | $2 → $1.5 | +2.39% | Oct 16, 2024 |
| Cormark Securities | Cormark Securities | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Sep 16, 2024 |
| Raymond James | Raymond James | Hold Maintains $4 → $3 | Hold | Maintains | $4 → $3 | +104.78% | Aug 14, 2024 |
| CIBC | CIBC | Hold → Sell Downgrades $3.5 → $1.6 | Hold → Sell | Downgrades | $3.5 → $1.6 | +9.22% | Aug 13, 2024 |
Financial Forecast
Revenue This Year
78.68M
from 102.37M
Decreased by -23.14%
Revenue Next Year
96.57M
from 78.68M
Increased by 22.74%
EPS This Year
-1.03
from -0.60
EPS Next Year
-0.41
from -1.03
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 108.2M | 129.2M | 182.7M | |||
| Avg | 78.7M | 96.6M | 126.1M | |||
| Low | 63.7M | 63.9M | 72.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 5.6% | 64.1% | 89.2% | |||
| Avg | -23.1% | 22.7% | 30.6% | |||
| Low | -37.8% | -18.8% | -25.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -0.49 | -0.33 | -0.24 | |||
| Avg | -1.03 | -0.41 | -0.36 | |||
| Low | -1.12 | -0.49 | -0.44 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| 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.