Brokers Issue Forecasts for BLDP FY2026 Earnings

Ballard Power Systems Inc. (NASDAQ:BLDP) (TSE:BLD) – Stock analysts at National Bank Financial issued their FY2026 EPS estimates for Ballard Power Systems in a research report issued on Tuesday, November 5th. National Bank Financial analyst R. Merer forecasts that the technology company will post earnings per share of ($0.32) for the year. The consensus estimate for Ballard Power Systems’ current full-year earnings is ($0.48) per share.

Several other brokerages also recently commented on BLDP. HSBC downgraded Ballard Power Systems from a “buy” rating to a “hold” rating in a research note on Wednesday. Susquehanna reduced their price objective on shares of Ballard Power Systems from $2.00 to $1.50 and set a “neutral” rating for the company in a research report on Wednesday, October 16th. Citigroup dropped their price objective on shares of Ballard Power Systems from $3.50 to $2.00 and set a “neutral” rating on the stock in a research report on Monday, September 30th. National Bankshares reduced their target price on shares of Ballard Power Systems from $4.00 to $3.00 and set a “sector perform” rating for the company in a report on Tuesday, August 13th. Finally, Cibc World Mkts cut shares of Ballard Power Systems from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 13th. Six research analysts have rated the stock with a sell rating, nine have assigned a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $2.78.

Ballard Power Systems Trading Up 0.7 %

Ballard Power Systems stock opened at $1.35 on Thursday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 10.05 and a current ratio of 9.01. The stock has a 50-day simple moving average of $1.67 and a 200 day simple moving average of $2.20. The stock has a market capitalization of $404.22 million, a P/E ratio of -1.23 and a beta of 1.78. Ballard Power Systems has a 52 week low of $1.27 and a 52 week high of $4.02.

Ballard Power Systems (NASDAQ:BLDP) (TSE:BLD) last announced its quarterly earnings results on Monday, August 12th. The technology company reported ($0.11) EPS for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.02. The firm had revenue of $16.00 million during the quarter, compared to analysts’ expectations of $19.36 million. Ballard Power Systems had a negative net margin of 357.78% and a negative return on equity of 19.96%. The company’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same quarter last year, the company posted ($0.10) earnings per share.

Hedge Funds Weigh In On Ballard Power Systems

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Toronto Dominion Bank increased its position in shares of Ballard Power Systems by 182.8% in the first quarter. Toronto Dominion Bank now owns 34,460 shares of the technology company’s stock worth $96,000 after purchasing an additional 22,273 shares during the period. BNP Paribas Financial Markets increased its holdings in Ballard Power Systems by 4.1% in the 1st quarter. BNP Paribas Financial Markets now owns 215,970 shares of the technology company’s stock valued at $600,000 after buying an additional 8,549 shares during the period. Tidal Investments LLC bought a new position in Ballard Power Systems in the 1st quarter valued at about $39,000. Van ECK Associates Corp raised its position in shares of Ballard Power Systems by 8.8% in the 2nd quarter. Van ECK Associates Corp now owns 2,321,782 shares of the technology company’s stock valued at $5,224,000 after buying an additional 186,833 shares in the last quarter. Finally, SG Americas Securities LLC lifted its holdings in shares of Ballard Power Systems by 84.3% during the 2nd quarter. SG Americas Securities LLC now owns 79,517 shares of the technology company’s stock worth $179,000 after acquiring an additional 36,368 shares during the period. 28.02% of the stock is owned by institutional investors and hedge funds.

Ballard Power Systems Company Profile

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.