What is Cormark's Estimate for BLDP Q2 Earnings?

Ballard Power Systems Inc. (NASDAQ:BLDP - Free Report) TSE: BLD - Research analysts at Cormark issued their Q2 2026 earnings estimates for shares of Ballard Power Systems in a note issued to investors on Friday, March 14th. Cormark analyst M. Whale anticipates that the technology company will post earnings of ($0.11) per share for the quarter. The consensus estimate for Ballard Power Systems' current full-year earnings is ($0.54) per share. Cormark also issued estimates for Ballard Power Systems' FY2026 earnings at ($0.39) EPS.

Several other research firms have also recently issued reports on BLDP. HSBC decreased their price objective on shares of Ballard Power Systems from $1.90 to $1.40 and set a "hold" rating for the company in a research report on Friday, March 14th. TD Cowen raised shares of Ballard Power Systems to a "strong sell" rating in a research report on Monday, January 13th. UBS Group set a $1.25 price target on shares of Ballard Power Systems in a research report on Friday, March 14th. Roth Mkm reduced their price target on shares of Ballard Power Systems from $1.75 to $1.25 and set a "neutral" rating for the company in a research report on Friday, March 14th. Finally, Wells Fargo & Company set a $1.00 price target on shares of Ballard Power Systems in a research report on Thursday, March 13th. Six equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $2.13.

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Ballard Power Systems Stock Down 1.1 %

Shares of Ballard Power Systems stock traded down $0.02 during trading on Monday, hitting $1.33. 3,156,633 shares of the stock were exchanged, compared to its average volume of 4,879,168. The stock has a market cap of $396.76 million, a price-to-earnings ratio of -1.20 and a beta of 1.75. The firm's 50-day moving average price is $1.40 and its 200 day moving average price is $1.54. Ballard Power Systems has a 12-month low of $1.08 and a 12-month high of $3.38. The company has a debt-to-equity ratio of 0.03, a current ratio of 9.01 and a quick ratio of 8.19.

Institutional Trading of Ballard Power Systems

Institutional investors and hedge funds have recently modified their holdings of the business. First Commonwealth Financial Corp PA purchased a new position in shares of Ballard Power Systems during the third quarter valued at approximately $27,000. Raymond James Financial Inc. purchased a new position in shares of Ballard Power Systems during the fourth quarter valued at approximately $27,000. Toronto Dominion Bank lifted its stake in shares of Ballard Power Systems by 300.0% during the third quarter. Toronto Dominion Bank now owns 27,933 shares of the technology company's stock valued at $50,000 after buying an additional 20,949 shares during the period. Headlands Technologies LLC purchased a new position in shares of Ballard Power Systems during the fourth quarter valued at approximately $52,000. Finally, Harel Insurance Investments & Financial Services Ltd. lifted its stake in shares of Ballard Power Systems by 35.9% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 40,798 shares of the technology company's stock valued at $68,000 after buying an additional 10,767 shares during the period. Hedge funds and other institutional investors 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.