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BLDP
Volume: 6.17M
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BLDP Stock Forecast & Price Target

BLDP Analyst Ratings

Based on 24 analyst ratings
Hold
Strong Buy 17%
Buy 4%
Hold 58%
Sell 21%
Strong Sell 0%

Bulls say

Ballard Power Systems Inc. has reported a substantial increase in its 12-month order book and total backlog, which have risen by 70% and 41% quarter-over-quarter, respectively, indicating a strong demand for its fuel cell products, particularly in the Motive segment. The company has also raised its 2025 revenue estimate by 4.5%, supported by anticipated robust growth driven by policy incentives and repeated orders from key customers in the bus and rail markets, which constitute a significant portion of its backlog. Furthermore, management's focus on reducing operating expenses by 30% and achieving gross margin improvements, alongside ongoing efforts to streamline operations and reduce costs, positions the company favorably for future financial performance.

Bears say

Ballard Power Systems has reported a stark decline in financial performance, with a 4Q gross margin of -13% leading to an anticipated FY 2024 gross margin of -32%, reflecting a significant decline in profitability due to low product volumes. The company's total revenue for 4Q fell 48% year-over-year to $24.5 million, missing expectations and indicating difficulties in the Motive segment, along with a decrease in backlog since 1Q24. Additionally, Ballard faces ongoing challenges with negative EPS, free cash flow, and EBITDA projections for several years, culminating in concerns about high cash burn and a material accumulated deficit, alongside intrinsic country risks.

BLDP has been analyzed by 24 analysts, with a consensus rating of Hold. 17% of analysts recommend a Strong Buy, 4% recommend Buy, 58% suggest Holding, 21% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of Ballard Power Systems and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About Ballard Power Systems (BLDP) Forecast

Analysts have given BLDP a Hold based on their latest research and market trends.

According to 24 analysts, BLDP has a Hold consensus rating as of Aug 2, 2025. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $5.77, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $5.77, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

Ballard Power Systems (BLDP)

Volume: 6.17M

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