Ballard Power Systems Inc. (BLDP)
NASDAQ: BLDP · Real-Time Price · USD
1.560
-0.070 (-4.29%)
At close: Jan 14, 2025, 4:00 PM
1.580
+0.020 (1.28%)
After-hours: Jan 14, 2025, 5:16 PM EST

Ballard Power Systems Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for BLDP stock have an average target of 2.25, with a low estimate of 1.20 and a high estimate of 3.80. The average target predicts an increase of 44.23% from the current stock price of 1.56.

Analyst Consensus: Hold
Target Low Average Median High
Price $1.20 $2.25 $2.00 $3.80
Change -23.08% +44.23% +28.21% +143.59%
* Price targets were last updated on Dec 4, 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 Aug '24Sep '24Oct '24Nov '24Dec '24Jan '25
Strong Buy 111111
Buy 000000
Hold 787666
Sell 444444
Strong Sell 000000
Total 121312111111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
CIBC
CIBC
Sell
Maintains
$1.4$1.2
Sell Maintains $1.4$1.2 -23.08% Dec 4, 2024
CIBC
CIBC
Sell
Maintains
$1.6$1.4
Sell Maintains $1.6$1.4 -10.26% Nov 6, 2024
Susquehanna
Susquehanna
Hold
Maintains
$2$1.5
Hold Maintains $2$1.5 -3.85% Oct 16, 2024
Cormark Securities
Cormark Securities
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Sep 16, 2024
Raymond James
Raymond James
Hold
Maintains
$4$3
Hold Maintains $4$3 +92.31% Aug 14, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
78.36M
from 102.37M
Decreased by -23.45%
Revenue Next Year
99.48M
from 78.36M
Increased by 26.95%
EPS This Year
-1.03
from -0.60
EPS Next Year
-0.41
from -1.03
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
105.72M103.88M104.51M81.86M102.37M78.36M99.48M139.40M
Revenue Growth
9.46%-1.75%0.60%-21.67%25.05%-23.45%26.95%40.12%
EPS
-0.17-0.21-0.39-0.58-0.60-1.03-0.41-0.36
EPS Growth
--------
Forward PE
--------
No. Analysts -----181812
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026202720282029
High 108.2M 129.2M 182.7M
Avg 78.4M 99.5M 139.4M
Low 63.7M 66.4M 80.2M

Revenue Growth

Revenue Growth 202420252026202720282029
High
5.6%
64.8%
83.6%
Avg
-23.5%
27.0%
40.1%
Low
-37.8%
-15.2%
-19.4%

EPS Forecast

EPS 202420252026202720282029
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 202420252026202720282029
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.