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Ballard Power Systems Inc. (BLDP)
NASDAQ: BLDP · IEX Real-Time Price · USD
2.690
-0.030 (-1.10%)
At close: Apr 18, 2024, 4:00 PM
2.710
+0.020 (0.74%)
After-hours: Apr 18, 2024, 7:51 PM EDT

Ballard Power Systems Stock Forecast

Stock Price Forecast

The 13 analysts with 12-month price forecasts for BLDP stock have an average target of 3.72, with a low estimate of 2.30 and a high estimate of 6.00. The average target predicts an increase of 38.29% from the current stock price of 2.69.

Analyst Consensus: Hold
Target Low Average Median High
Price $2.30 $3.72 $3.75 $6.00
Change -14.50% +38.29% +39.41% +123.05%
* Price targets were last updated on Mar 13, 2024.

Analyst Ratings

The average analyst rating for BLDP stock from 13 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 111111
Buy 000000
Hold 666699
Sell 222233
Strong Sell 000000
Total 99991313

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Michael Glen
Raymond James
 Raymond James
Hold
Maintains
$4.5 → $4
 Hold Maintains $4.5 → $4 +48.70% Mar 13, 2024
Kashy Harrison
Piper Sandler
 Piper Sandler
Sell
Maintains
$3 → $2.3
 Sell Maintains $3 → $2.3 -14.50% Mar 13, 2024
Aaron Macneil
TD Securities
 TD Securities
Hold
Maintains
$3.75 → $3
 Hold Maintains $3.75 → $3 +11.52% Mar 12, 2024
Hamir Patel
CIBC
 CIBC
Hold
Maintains
$5 → $3.75
 Hold Maintains $5 → $3.75 +39.41% Mar 12, 2024
Ameet Thakkar
BMO Capital
 BMO Capital
Sell
Maintains
$3.25 → $3
 Sell Maintains $3.25 → $3 +11.52% Mar 12, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
114.75M
from 102.37M
Increased by 12.10%
Revenue Next Year
172.54M
from 114.75M
Increased by 50.36%
EPS This Year
-0.65
from -0.59
EPS Next Year
-0.46
from -0.65
Year 2019202020212022202320242025202620272028
Revenue
105.72M103.88M104.51M81.86M102.37M114.75M172.54M294.06M425.52M667.96M
Revenue Growth
9.46%-1.75%0.60%-21.67%25.05%12.10%50.36%70.43%44.71%56.97%
EPS
-0.17-0.21-0.39-0.58-0.59-0.65-0.46-0.42-0.24-0.08
EPS Growth
----------
No. Analysts -----1818854
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 134.4M 235.2M 348.6M 605.9M 724.5M
Avg 114.8M 172.5M 294.1M 425.5M 668.0M
Low 103.6M 132.3M 250.8M 183.3M 581.1M

Revenue Growth

Revenue Growth 20242025202620272028
High
31.3%
105.0%
102.0%
106.0%
70.3%
Avg
12.1%
50.4%
70.4%
44.7%
57.0%
Low
1.2%
15.3%
45.4%
-37.7%
36.6%

EPS Forecast

EPS 20242025202620272028
High -0.47 -0.16 -0.39 -0.19 -0.07
Avg -0.65 -0.46 -0.42 -0.24 -0.08
Low -1.96 -0.53 -0.44 -0.32 -0.09

EPS Growth

EPS Growth 20242025202620272028
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.