Equities Analysts Issue Forecasts for BLDP FY2026 Earnings

Ballard Power Systems Inc. (NASDAQ:BLDP) (TSE:BLD) – Investment analysts at National Bank Financial issued their FY2026 earnings per share estimates for shares of Ballard Power Systems in a report released on Tuesday, November 5th. National Bank Financial analyst R. Merer expects 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.

Ballard Power Systems (NASDAQ:BLDP) (TSE:BLD) last issued its earnings results on Monday, August 12th. The technology company reported ($0.11) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.13) by $0.02. The company had revenue of $16.00 million for the quarter, compared to analysts’ expectations of $19.36 million. Ballard Power Systems had a negative net margin of 177.95% and a negative return on equity of 16.20%. The firm’s quarterly revenue was up 4.6% on a year-over-year basis. During the same quarter last year, the company posted ($0.10) earnings per share.

BLDP has been the topic of several other research reports. Hsbc Global Res downgraded shares of Ballard Power Systems from a “strong-buy” rating to a “hold” rating in a report on Wednesday. Lake Street Capital cut their price objective on shares of Ballard Power Systems from $15.00 to $10.00 and set a “buy” rating for the company in a report on Tuesday, August 13th. CIBC decreased their price target on shares of Ballard Power Systems from $1.60 to $1.40 and set an “underperformer” rating on the stock in a research note on Wednesday. Cormark reissued a “market perform” rating on shares of Ballard Power Systems in a report on Monday, September 16th. Finally, Citigroup reduced their price target 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. Six equities research analysts have rated the stock with a sell rating, ten have given a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.com, Ballard Power Systems currently has an average rating of “Hold” and an average price target of $2.87.

Ballard Power Systems Trading Down 19.2 %

Shares of BLDP stock opened at $1.35 on Thursday. The company has a debt-to-equity ratio of 0.03, a current ratio of 10.90 and a quick ratio of 10.05. The firm has a fifty day moving average price of $1.69 and a 200-day moving average price of $2.21. The company has a market cap of $404.22 million, a price-to-earnings ratio of -2.14 and a beta of 1.78. Ballard Power Systems has a 1 year low of $1.32 and a 1 year high of $4.02.

Institutional Investors Weigh In On Ballard Power Systems

A number of institutional investors and hedge funds have recently modified their holdings of the business. Endowment Wealth Management Inc. purchased a new stake in Ballard Power Systems in the first quarter worth $28,000. Tidal Investments LLC bought a new stake in Ballard Power Systems during the 1st quarter valued at about $39,000. Scientech Research LLC purchased a new stake in Ballard Power Systems in the 2nd quarter valued at about $52,000. Daiwa Securities Group Inc. grew its stake in Ballard Power Systems by 149.7% in the 2nd quarter. Daiwa Securities Group Inc. now owns 24,047 shares of the technology company’s stock worth $54,000 after acquiring an additional 14,415 shares in the last quarter. Finally, Westwood Holdings Group Inc. bought a new position in Ballard Power Systems in the 1st quarter worth about $59,000. 28.02% of the stock is owned by institutional investors.

About Ballard Power Systems

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.