
BLDP Stock Forecast & Price Target
BLDP Analyst Ratings
Bulls say
Ballard Power Systems Inc. has reported significant growth in its order book and total backlog, reflecting a 70% increase and a 41% increase quarter-over-quarter, respectively. The company's management has raised its 2025 revenue estimate by 4.5%, driven by robust demand in the Motive segment and continued expansion in key geographical markets, particularly Poland, the United States, and the United Kingdom. Additionally, management's commitment to a 30% reduction in annual operating expenses and improvements in gross margins, combined with strong repeat orders from the Bus and Rail sectors, enhances the company's outlook for profitability and operational efficiency moving forward.
Bears say
Ballard Power Systems Inc. has reported concerning financials, with gross margins for fiscal year 2024 expected to be -32%, reflecting an 1100 basis points decline from the prior year due to low product volumes. The company's fourth-quarter revenue of $24.5 million represented a 48% year-over-year decrease and significantly missed consensus estimates, indicating challenges in growth visibility and market demand. Additionally, the firm is facing difficulties in profitability, with forecasts suggesting negative EPS, free cash flow, and EBITDA for the foreseeable future, compounded by operational losses and a substantial accumulated deficit.
This aggregate rating is based on analysts' research of Ballard Power Systems and is not a guaranteed prediction by Public.com or investment advice.
BLDP Analyst Forecast & Price Prediction
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