National Bank Financial Forecasts BLDP FY2026 Earnings

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

Ballard Power Systems (NASDAQ:BLDP - Get Free Report) TSE: BLD last released its quarterly earnings data on Monday, August 12th. The technology company reported ($0.11) EPS for the quarter, topping analysts' consensus estimates of ($0.13) by $0.02. The firm had revenue of $16.00 million during the quarter, compared to the consensus estimate 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 revenue was up 4.6% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.10) earnings per share.

BLDP has been the topic of several other research reports. Hsbc Global Res lowered shares of Ballard Power Systems from a "strong-buy" rating to a "hold" rating in a report on Wednesday. HSBC cut Ballard Power Systems from a "buy" rating to a "hold" rating in a research note on Wednesday. Lake Street Capital cut their price objective on Ballard Power Systems from $15.00 to $10.00 and set a "buy" rating for the company in a report on Tuesday, August 13th. Citigroup decreased their price target on 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. Finally, Jefferies Financial Group reduced their price target on Ballard Power Systems from $3.25 to $2.00 and set a "hold" rating on the stock in a report on Tuesday, August 13th. Six equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $2.87.

Ballard Power Systems Trading Down 1.1 %

Shares of Ballard Power Systems stock traded down $0.02 during trading on Thursday, hitting $1.34. The stock had a trading volume of 3,448,513 shares, compared to its average volume of 2,906,077. The stock has a 50 day simple moving average of $1.69 and a 200 day simple moving average of $2.21. Ballard Power Systems has a 1 year low of $1.32 and a 1 year high of $4.02. The company has a market capitalization of $399.73 million, a PE ratio of -2.14 and a beta of 1.78. The company has a quick ratio of 10.05, a current ratio of 10.90 and a debt-to-equity ratio of 0.03.

Hedge Funds Weigh In On Ballard Power Systems

Several institutional investors have recently added to or reduced their stakes in the stock. Mirae Asset Global Investments Co. Ltd. increased its position in Ballard Power Systems by 12.7% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 291,019 shares of the technology company's stock valued at $535,000 after acquiring an additional 32,909 shares during the period. 3Chopt Investment Partners LLC acquired a new position in Ballard Power Systems during the 2nd quarter worth approximately $219,000. Susquehanna Fundamental Investments LLC acquired a new position in Ballard Power Systems during the 2nd quarter worth approximately $204,000. Scientech Research LLC acquired a new position in Ballard Power Systems during the 2nd quarter worth approximately $52,000. Finally, Decade Renewable Partners LP acquired a new position in Ballard Power Systems during the 2nd quarter worth approximately $450,000. Institutional investors and hedge funds own 28.02% of the company's stock.

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.