Ballard Power Systems (BLDP) Stock Forecast, Price Target & Predictions
BLDP Stock Forecast
Ballard Power Systems stock forecast is as follows: an average price target of $1.55 (represents a -8.82% downside from BLDP’s last price of $1.70) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.
BLDP Price Target
The average price target for Ballard Power Systems (BLDP) is $1.55 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $1.60 to $1.50. This represents a potential -8.82% downside from BLDP's last price of $1.70.
BLDP Analyst Ratings
According to 7 Wall Street analysts, Ballard Power Systems's rating consensus is 'Buy'. The analyst rating breakdown for BLDP stock is 0 'Strong Buy' (0.00%), 3 'Buy' (42.86%), 2 'Hold' (28.57%), 2 'Sell' (28.57%), and 0 'Strong Sell' (0.00%).
Ballard Power Systems Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 13, 2024 | Krista Friesen | CIBC | $1.60 | $1.90 | -15.79% | -5.88% |
| Aug 12, 2024 | Aaron MacNeil | TD Securities | $1.50 | $1.82 | -17.58% | -11.76% |
| May 07, 2024 | Bronson Fleig | Truist Financial | $3.50 | $2.83 | 23.46% | 105.88% |
| Mar 13, 2024 | Michael Glen | Raymond James | $4.00 | $2.79 | 43.37% | 135.29% |
| Mar 13, 2024 | Kashy Harrison | Piper Sandler | $2.30 | $2.79 | -17.56% | 35.29% |
| Mar 12, 2024 | Praneeth Satish | Wells Fargo | $3.50 | $2.88 | 21.53% | 105.88% |
| Jan 06, 2023 | Wells Fargo | $5.00 | $5.04 | -0.79% | 194.12% | |
| Dec 08, 2022 | BMO Capital | $5.50 | $5.46 | 0.73% | 223.53% | |
| May 12, 2022 | Wells Fargo | $9.00 | $6.04 | 49.01% | 429.41% | |
| Feb 08, 2022 | Christopher Souther | B.Riley Financial | $15.00 | $9.38 | 59.91% | 782.35% |
| Feb 07, 2022 | Jonathan Lamers | BMO Capital | $10.00 | $9.28 | 7.76% | 488.24% |
| Jan 24, 2022 | Tristan Richardson | Truist Financial | $13.00 | $9.80 | 32.65% | 664.71% |
| Jan 05, 2022 | Leo Mariani | KeyBanc | $12.17 | $12.01 | 1.37% | 616.17% |
| Sep 23, 2021 | Pearce Hammond | Piper Sandler | $12.00 | $15.54 | -22.78% | 605.88% |
| Aug 31, 2021 | Steve Fleishman | Wolfe Research | $12.73 | $16.80 | -24.21% | 648.94% |
| May 05, 2021 | Craig Irwin | Roth Capital | $15.00 | $15.59 | -3.78% | 782.35% |
The latest Ballard Power Systems stock forecast, released on Aug 13, 2024 by Krista Friesen from CIBC, set a price target of $1.60, which represents a -15.79% decrease from the stock price at the time of the forecast ($1.90), and a -5.88% decrease from BLDP last price ($1.70).
Ballard Power Systems Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 6 |
| Avg Price Target | - | - | $2.73 |
| Last Closing Price | $1.70 | $1.70 | $1.70 |
| Upside/Downside | -100.00% | -100.00% | 60.59% |
In the current month, the average price target of Ballard Power Systems stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Ballard Power Systems's last price of $1.70. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 13, 2024 | Lake Street | Buy | Buy | Hold |
| Aug 13, 2024 | CIBC | Underperform | Downgrade | |
| Aug 13, 2024 | Lake Street | Buy | Buy | Hold |
| Aug 12, 2024 | TD Securities | Hold | Sell | Downgrade |
| Mar 12, 2024 | BMO Capital | Underperform | Underperform | Hold |
| Mar 12, 2024 | TD Securities | Hold | Hold | Hold |
| Mar 12, 2024 | Susquehanna | Neutral | Neutral | Hold |
| Mar 12, 2024 | HSBC | Buy | Buy | Hold |
| Mar 12, 2024 | Wells Fargo | Underweight | Underweight | Hold |
| Oct 24, 2023 | HSBC | Buy | Upgrade | |
| Jan 06, 2023 | Wells Fargo | Equal-Weight | Underweight | Downgrade |
| Nov 08, 2022 | National Bank | Sector Perform | Downgrade | |
| May 12, 2022 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| May 10, 2022 | B. Riley Securities | Buy | Buy | Hold |
| Feb 07, 2022 | BMO Capital | Market Perform | Downgrade |
Ballard Power Systems's last stock rating was published by Lake Street on Sep 13, 2024. The company gave BLDP a "Buy" rating, the same as its previous rate.
Ballard Power Systems Financial Forecast
Ballard Power Systems Revenue Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $13.35M | $20.50M | $21.34M | $20.93M | $21.05M | $36.70M | $25.22M | $24.96M | $17.62M | $28.59M | $25.62M |
| Avg Forecast | $67.88M | $56.82M | $45.76M | $36.99M | $46.03M | $34.73M | $28.11M | $23.42M | $31.65M | $22.81M | $17.99M | $15.72M | $28.66M | $24.56M | $19.45M | $17.27M | $34.73M | $26.27M | $15.89M | $18.88M | $25.72M | $22.86M | $24.82M | $25.12M | $29.39M | $25.55M | $21.30M | $25.45M | $30.22M | $27.56M |
| High Forecast | $86.11M | $72.07M | $58.05M | $46.93M | $58.38M | $44.06M | $35.66M | $29.71M | $40.15M | $28.94M | $22.81M | $17.81M | $39.38M | $31.16M | $24.67M | $21.91M | $37.95M | $33.33M | $20.15M | $23.95M | $32.63M | $22.86M | $24.82M | $25.12M | $29.39M | $25.55M | $21.30M | $25.45M | $30.22M | $27.56M |
| Low Forecast | $48.00M | $40.18M | $32.36M | $26.16M | $32.55M | $24.56M | $19.88M | $16.56M | $22.38M | $16.13M | $12.72M | $13.23M | $21.48M | $17.37M | $13.76M | $12.22M | $25.29M | $18.58M | $11.24M | $13.35M | $18.19M | $22.86M | $24.82M | $25.12M | $29.39M | $25.55M | $21.30M | $25.45M | $30.22M | $27.56M |
| # Analysts | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 10 | 9 | 6 | 6 | 13 | 6 | 6 | 6 | 5 | 5 | 5 | 11 | 12 | 11 | 10 | 9 | 11 | 15 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.71% | 0.80% | 0.93% | 0.84% | 0.84% | 1.25% | 0.99% | 1.17% | 0.69% | 0.95% | 0.93% |
Ballard Power Systems's average Quarter revenue forecast for Jun 23 based on 6 analysts is $15.89M, with a low forecast of $11.24M, and a high forecast of $20.15M. BLDP's average Quarter revenue forecast represents a 19.06% increase compared to the company's last Quarter revenue of $13.35M (Mar 23).
Ballard Power Systems EBITDA Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 10 | 9 | 6 | 6 | 13 | 6 | 6 | 6 | 5 | 5 | 5 | 11 | 12 | 11 | 10 | 9 | 11 | 15 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-39.30M | $-41.63M | $-39.33M | $-38.48M | $-29.76M | $-40.48M | $-28.34M | $-19.14M | $-15.44M | $-12.63M | $-8.79M |
| Avg Forecast | $-47.03M | $-39.36M | $-31.70M | $-25.63M | $-31.89M | $-24.06M | $-19.47M | $-16.22M | $-21.92M | $-15.80M | $-12.46M | $-10.89M | $-19.86M | $-17.02M | $-13.48M | $-32.68M | $-24.06M | $-18.20M | $-11.01M | $-29.71M | $657.63K | $-16.58M | $-18.00M | $-27.01M | $-21.31M | $-18.53M | $-15.44M | $-8.49M | $-21.92M | $-19.99M |
| High Forecast | $-33.25M | $-27.84M | $-22.42M | $-18.12M | $-22.55M | $-17.01M | $-13.77M | $-11.47M | $-15.50M | $-11.18M | $-8.81M | $-9.16M | $-14.88M | $-12.03M | $-9.53M | $-26.15M | $-17.52M | $-12.87M | $-7.78M | $-23.77M | $789.15K | $-16.58M | $-18.00M | $-21.61M | $-21.31M | $-18.53M | $-15.44M | $-6.79M | $-21.92M | $-19.99M |
| Low Forecast | $-59.65M | $-49.93M | $-40.21M | $-32.51M | $-40.45M | $-30.52M | $-24.70M | $-20.58M | $-27.81M | $-20.05M | $-15.80M | $-12.34M | $-27.28M | $-21.59M | $-17.09M | $-39.22M | $-26.29M | $-23.09M | $-13.96M | $-35.65M | $526.10K | $-16.58M | $-18.00M | $-32.41M | $-21.31M | $-18.53M | $-15.44M | $-10.19M | $-21.92M | $-19.99M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.32% | -63.30% | 2.37% | 2.14% | 1.10% | 1.90% | 1.53% | 1.24% | 1.82% | 0.58% | 0.44% |
undefined analysts predict BLDP's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Ballard Power Systems's previous annual EBITDA (undefined) of $NaN.
Ballard Power Systems Net Income Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 10 | 9 | 6 | 6 | 13 | 6 | 6 | 6 | 5 | 5 | 5 | 11 | 12 | 11 | 10 | 9 | 11 | 15 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-25.08M | $-34.43M | $-42.88M | $-55.79M | $-40.40M | $-43.84M | $-30.84M | $-21.91M | $-17.80M | $-14.41M | $-11.21M |
| Avg Forecast | $-10.13M | $-21.43M | $-27.12M | $-32.77M | $-25.64M | $-26.86M | $-27.60M | $-28.22M | $-26.57M | $-28.28M | $-29.47M | $-30.47M | $-38.15M | $-38.47M | $-39.48M | $-35.55M | $-39.23M | $-38.64M | $-38.80M | $-32.32M | $-2.30M | $-39.66M | $-36.71M | $-29.38M | $-24.34M | $-18.51M | $-14.62M | $-9.70M | $-10.38M | $-12.93M |
| High Forecast | $-6.27M | $-13.27M | $-16.79M | $-20.29M | $-15.88M | $-16.63M | $-17.09M | $-17.48M | $-16.46M | $-17.52M | $-18.25M | $-27.70M | $-29.35M | $-23.82M | $-24.45M | $-28.44M | $-32.69M | $-23.93M | $-24.03M | $-25.85M | $-1.84M | $-39.66M | $-36.71M | $-23.50M | $-24.34M | $-18.51M | $-14.62M | $-7.76M | $-10.38M | $-12.93M |
| Low Forecast | $-13.66M | $-28.91M | $-36.58M | $-44.21M | $-34.59M | $-36.23M | $-37.23M | $-38.07M | $-35.85M | $-38.16M | $-39.76M | $-36.01M | $-44.02M | $-51.89M | $-53.27M | $-42.66M | $-45.77M | $-52.12M | $-52.34M | $-38.78M | $-2.76M | $-39.66M | $-36.71M | $-35.25M | $-24.34M | $-18.51M | $-14.62M | $-11.64M | $-10.38M | $-12.93M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.78% | 14.99% | 1.08% | 1.52% | 1.38% | 1.80% | 1.67% | 1.50% | 1.84% | 1.39% | 0.87% |
Ballard Power Systems's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. BLDP's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).
Ballard Power Systems SG&A Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 10 | 9 | 6 | 6 | 13 | 6 | 6 | 6 | 5 | 5 | 5 | 11 | 12 | 11 | 10 | 9 | 11 | 15 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $10.36M | $8.96M | $12.24M | $11.42M | $9.17M | $10.87M | $10.48M | $9.59M | $6.94M | $7.72M | $5.12M |
| Avg Forecast | $22.89M | $19.16M | $15.43M | $12.47M | $15.52M | $11.71M | $9.48M | $7.90M | $10.67M | $7.69M | $6.06M | $5.30M | $9.66M | $8.28M | $6.56M | $8.07M | $11.71M | $8.86M | $5.36M | $7.33M | $8.61M | $7.74M | $8.41M | $6.67M | $9.95M | $8.65M | $7.21M | $3.82M | $10.24M | $9.34M |
| High Forecast | $29.03M | $24.30M | $19.57M | $15.82M | $19.68M | $14.85M | $12.02M | $10.02M | $13.53M | $9.76M | $7.69M | $6.00M | $13.28M | $10.50M | $8.32M | $9.68M | $12.79M | $11.24M | $6.79M | $8.80M | $10.34M | $7.74M | $8.41M | $8.00M | $9.95M | $8.65M | $7.21M | $4.58M | $10.24M | $9.34M |
| Low Forecast | $16.18M | $13.55M | $10.91M | $8.82M | $10.97M | $8.28M | $6.70M | $5.58M | $7.55M | $5.44M | $4.29M | $4.46M | $7.24M | $5.86M | $4.64M | $6.45M | $8.53M | $6.26M | $3.79M | $5.87M | $6.89M | $7.74M | $8.41M | $5.33M | $9.95M | $8.65M | $7.21M | $3.05M | $10.24M | $9.34M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.41% | 1.04% | 1.58% | 1.36% | 1.38% | 1.09% | 1.21% | 1.33% | 1.82% | 0.75% | 0.55% |
Ballard Power Systems's average Quarter SG&A projection for Jun 23 is $5.36M, based on 6 Wall Street analysts, with a range of $3.79M to $6.79M. The forecast indicates a -48.31% fall compared to BLDP last annual SG&A of $10.36M (Mar 23).
Ballard Power Systems EPS Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 10 | 9 | 6 | 6 | 13 | 6 | 6 | 6 | 5 | 5 | 5 | 11 | 12 | 11 | 10 | 9 | 11 | 15 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.08 | $-0.12 | $-0.14 | $-0.19 | $-0.14 | $-0.15 | $-0.10 | $-0.07 | $-0.06 | $-0.05 | $-0.05 |
| Avg Forecast | $-0.03 | $-0.07 | $-0.09 | $-0.11 | $-0.09 | $-0.09 | $-0.09 | $-0.09 | $-0.09 | $-0.09 | $-0.10 | $-0.10 | $-0.13 | $-0.13 | $-0.13 | $-0.14 | $-0.13 | $-0.13 | $-0.13 | $-0.13 | $-0.14 | $-0.13 | $-0.12 | $-0.11 | $-0.08 | $-0.06 | $-0.05 | $-0.05 | $-0.03 | $-0.04 |
| High Forecast | $-0.02 | $-0.04 | $-0.06 | $-0.07 | $-0.05 | $-0.06 | $-0.06 | $-0.06 | $-0.05 | $-0.06 | $-0.06 | $-0.09 | $-0.10 | $-0.08 | $-0.08 | $-0.09 | $-0.11 | $-0.08 | $-0.08 | $-0.08 | $-0.09 | $-0.13 | $-0.12 | $-0.11 | $-0.08 | $-0.06 | $-0.05 | $-0.05 | $-0.03 | $-0.04 |
| Low Forecast | $-0.05 | $-0.10 | $-0.12 | $-0.15 | $-0.12 | $-0.12 | $-0.12 | $-0.13 | $-0.12 | $-0.13 | $-0.13 | $-0.12 | $-0.15 | $-0.17 | $-0.18 | $-0.19 | $-0.15 | $-0.17 | $-0.17 | $-0.17 | $-0.19 | $-0.13 | $-0.12 | $-0.11 | $-0.08 | $-0.06 | $-0.05 | $-0.05 | $-0.03 | $-0.04 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.66% | 0.84% | 1.06% | 1.55% | 1.31% | 1.85% | 1.62% | 1.51% | 1.25% | 1.44% | 1.06% |
According to undefined Wall Street analysts, Ballard Power Systems's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to BLDP previous annual EPS of $NaN (undefined).
Ballard Power Systems Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| HI | Hillenbrand | $30.74 | $54.00 | 75.67% | Buy |
| MIDD | Middleby | $136.84 | $160.00 | 16.92% | Buy |
| GNRC | Generac | $154.70 | $180.00 | 16.35% | Buy |
| CR | Crane NXT | $155.88 | $178.50 | 14.51% | Buy |
| DOV | Dover | $190.33 | $212.63 | 11.72% | Buy |
| IEX | IDEX | $212.28 | $232.00 | 9.29% | Buy |
| EMR | Emerson Electric | $126.23 | $136.75 | 8.33% | Buy |
| ETN | Eaton | $341.54 | $370.00 | 8.33% | Buy |
| PH | Parker-Hannifin | $652.57 | $690.33 | 5.79% | Buy |
| FLS | Flowserve | $58.45 | $60.20 | 2.99% | Buy |
| CMI | Cummins | $353.85 | $363.33 | 2.68% | Buy |
| ITW | Illinois Tool Works | $259.17 | $255.67 | -1.35% | Hold |
| ROK | Rockwell Automation | $292.20 | $284.33 | -2.69% | Buy |
| BLDP | Ballard Power Systems | $1.70 | $1.55 | -8.82% | Buy |