Q2 EPS Estimate for Ballard Power Systems Boosted by Analyst

Ballard Power Systems Inc. (NASDAQ:BLDP) (TSE:BLD) – National Bank Financial increased their Q2 2025 earnings per share estimates for shares of Ballard Power Systems in a report issued on Tuesday, May 6th. National Bank Financial analyst R. Merer now forecasts that the technology company will post earnings of ($0.07) per share for the quarter, up from their previous forecast of ($0.12). The consensus estimate for Ballard Power Systems’ current full-year earnings is ($0.54) per share. National Bank Financial also issued estimates for Ballard Power Systems’ Q3 2025 earnings at ($0.08) EPS, FY2025 earnings at ($0.31) EPS and FY2026 earnings at ($0.31) EPS.

A number of other research firms also recently issued reports on BLDP. UBS Group set a $1.25 price target on shares of Ballard Power Systems in a research report on Friday, March 14th. BMO Capital Markets decreased their price objective on shares of Ballard Power Systems from $1.30 to $1.20 and set an “underperform” rating on the stock in a research report on Friday, March 14th. HSBC dropped their target price on shares of Ballard Power Systems from $1.90 to $1.40 and set a “hold” rating for the company in a report on Friday, March 14th. Wells Fargo & Company set a $1.00 price objective on shares of Ballard Power Systems in a research note on Thursday, March 13th. Finally, TD Cowen upgraded Ballard Power Systems to a “strong sell” rating in a report on Monday, January 13th. Seven research analysts have rated the stock with a sell rating, nine have issued a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $2.08.

Ballard Power Systems Stock Performance

Shares of BLDP stock opened at $1.35 on Friday. The company has a current ratio of 9.01, a quick ratio of 8.19 and a debt-to-equity ratio of 0.03. Ballard Power Systems has a 12-month low of $1.00 and a 12-month high of $3.34. The company has a market cap of $403.28 million, a price-to-earnings ratio of -1.22 and a beta of 1.68. The stock has a 50 day simple moving average of $1.20 and a 200-day simple moving average of $1.40.

Ballard Power Systems (NASDAQ:BLDP) (TSE:BLD) last issued its earnings results on Tuesday, May 6th. The technology company reported ($0.07) earnings per share for the quarter, beating the consensus estimate of ($0.12) by $0.05. The business had revenue of $14.76 million for the quarter, compared to the consensus estimate of $16.82 million. Ballard Power Systems had a negative net margin of 357.78% and a negative return on equity of 19.96%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of BLDP. Raymond James Financial Inc. purchased a new position in Ballard Power Systems in the fourth quarter valued at about $27,000. Headlands Technologies LLC purchased a new position in Ballard Power Systems in the 4th quarter worth approximately $52,000. Harel Insurance Investments & Financial Services Ltd. raised 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 purchasing an additional 10,767 shares during the period. Baader Bank Aktiengesellschaft acquired a new position in shares of Ballard Power Systems during the first quarter worth $78,000. Finally, Itau Unibanco Holding S.A. boosted its stake in shares of Ballard Power Systems by 44.1% in the fourth quarter. Itau Unibanco Holding S.A. now owns 49,511 shares of the technology company’s stock valued at $82,000 after purchasing an additional 15,160 shares during the period. 28.02% of the stock is owned by institutional investors and hedge funds.

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.