Research Analysts Offer Predictions for BLDP Q1 Earnings

Ballard Power Systems Inc. (NASDAQ:BLDP - Free Report) TSE: BLD - Research analysts at Roth Capital issued their Q1 2025 earnings estimates for shares of Ballard Power Systems in a note issued to investors on Wednesday, November 6th. Roth Capital analyst C. Irwin expects that the technology company will post earnings per share of ($0.10) for the quarter. The consensus estimate for Ballard Power Systems' current full-year earnings is ($0.48) per share. Roth Capital also issued estimates for Ballard Power Systems' Q2 2025 earnings at ($0.09) EPS and Q3 2025 earnings at ($0.08) EPS.

BLDP has been the subject of a number of other reports. HSBC cut shares of Ballard Power Systems from a "buy" rating to a "hold" rating in a research note on Wednesday. Lake Street Capital dropped their target price on Ballard Power Systems from $15.00 to $10.00 and set a "buy" rating for the company in a research report on Tuesday, August 13th. Cormark reiterated a "market perform" rating on shares of Ballard Power Systems in a report on Monday, September 16th. Susquehanna decreased their price target on Ballard Power Systems from $2.00 to $1.50 and set a "neutral" rating for the company in a research note on Wednesday, October 16th. Finally, National Bankshares cut their price objective on Ballard Power Systems from $4.00 to $3.00 and set a "sector perform" rating on the stock in a research report on Tuesday, August 13th. Six equities research analysts have rated the stock with a sell rating, ten have given a hold rating and one has given a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $2.87.

Ballard Power Systems Trading Down 0.7 %

NASDAQ BLDP traded down $0.01 on Thursday, hitting $1.34. 4,171,372 shares of the stock were exchanged, compared to its average volume of 2,909,424. The company has a debt-to-equity ratio of 0.03, a quick ratio of 10.05 and a current ratio of 10.90. Ballard Power Systems has a 52-week low of $1.32 and a 52-week high of $4.02. The firm has a market capitalization of $401.22 million, a P/E ratio of -2.13 and a beta of 1.78. The stock has a fifty day moving average price of $1.68 and a two-hundred day moving average price of $2.21.

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

Institutional Investors Weigh In On Ballard Power Systems

Hedge funds have recently made changes to their positions in the stock. Van ECK Associates Corp increased its position in Ballard Power Systems by 8.8% during the 2nd quarter. Van ECK Associates Corp now owns 2,321,782 shares of the technology company's stock valued at $5,224,000 after buying an additional 186,833 shares in the last quarter. TD Asset Management Inc raised its position in shares of Ballard Power Systems by 1.2% in the 2nd quarter. TD Asset Management Inc now owns 707,953 shares of the technology company's stock valued at $1,599,000 after purchasing an additional 8,154 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its stake in Ballard Power Systems by 7.3% in the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 565,053 shares of the technology company's stock worth $1,572,000 after purchasing an additional 38,662 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in Ballard Power Systems by 12.7% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 291,019 shares of the technology company's stock worth $535,000 after purchasing an additional 32,909 shares during the last quarter. Finally, BNP Paribas Financial Markets grew its position in Ballard Power Systems by 4.1% during the 1st quarter. BNP Paribas Financial Markets now owns 215,970 shares of the technology company's stock worth $600,000 after purchasing an additional 8,549 shares during the last quarter. 28.02% of the stock is currently owned by hedge funds and other institutional investors.

Ballard Power Systems Company Profile

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.