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 $6.98 (represents a 449.61% upside from BLDP’s last price of $1.27) 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 $6.98 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $15.00 to $1.50. This represents a potential 449.61% upside from BLDP's last price of $1.27.
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% | 25.98% |
| Aug 12, 2024 | Aaron MacNeil | TD Securities | $1.50 | $1.82 | -17.58% | 18.11% |
| May 07, 2024 | Bronson Fleig | Truist Financial | $3.50 | $2.83 | 23.46% | 175.59% |
| Mar 13, 2024 | Michael Glen | Raymond James | $4.00 | $2.79 | 43.37% | 214.96% |
| Mar 13, 2024 | Kashy Harrison | Piper Sandler | $2.30 | $2.79 | -17.56% | 81.10% |
| Mar 12, 2024 | Praneeth Satish | Wells Fargo | $3.50 | $2.88 | 21.53% | 175.59% |
| Jan 06, 2023 | - | Wells Fargo | $5.00 | $5.04 | -0.79% | 293.70% |
| Dec 08, 2022 | - | BMO Capital | $5.50 | $5.46 | 0.73% | 333.07% |
| May 12, 2022 | - | Wells Fargo | $9.00 | $6.04 | 49.01% | 608.66% |
| Feb 08, 2022 | Christopher Souther | B.Riley Financial | $15.00 | $9.38 | 59.91% | 1081.10% |
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 25.98% increase from BLDP last price ($1.27).
Ballard Power Systems Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 6 |
| Avg Price Target | - | - | $2.73 |
| Last Closing Price | $1.27 | $1.27 | $1.27 |
| Upside/Downside | -100.00% | -100.00% | 114.96% |
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 $1.27. 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 |
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 | $70.05M | $58.63M | $47.22M | $38.17M | $47.08M | $35.65M | $28.88M | $24.06M | $32.63M | $22.68M | $18.18M | $15.93M | $29.41M | $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 | $96.73M | $80.97M | $65.21M | $52.72M | $65.01M | $49.24M | $39.88M | $33.23M | $45.06M | $31.32M | $25.10M | $18.71M | $39.45M | $33.92M | $26.86M | $23.85M | $37.95M | $36.28M | $21.94M | $26.07M | $35.52M | $22.86M | $24.82M | $25.12M | $29.39M | $25.55M | $21.30M | $25.45M | $30.22M | $27.56M |
| Low Forecast | $49.40M | $41.35M | $33.30M | $26.92M | $33.20M | $25.14M | $20.36M | $16.97M | $23.01M | $15.99M | $12.82M | $13.58M | $21.52M | $17.32M | $13.72M | $12.18M | $25.29M | $18.53M | $11.20M | $13.31M | $18.14M | $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 | 9 | 4 | 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 $11.20M, and a high forecast of $21.94M. 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 | 9 | 4 | 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 | $-50.80M | $-42.52M | $-34.25M | $-27.68M | $-34.14M | $-25.86M | $-20.94M | $-17.45M | $-23.66M | $-16.45M | $-13.18M | $-11.55M | $-21.33M | $-17.81M | $-14.11M | $-32.68M | $-25.19M | $-19.05M | $-11.52M | $-29.71M | $657.63K | $-16.58M | $-18.00M | $-27.01M | $-21.31M | $-18.53M | $-15.44M | $-8.49M | $-21.92M | $-19.99M |
| High Forecast | $-35.82M | $-29.99M | $-24.15M | $-19.52M | $-24.08M | $-18.23M | $-14.77M | $-12.30M | $-16.69M | $-11.60M | $-9.29M | $-9.85M | $-15.61M | $-12.56M | $-9.95M | $-26.15M | $-18.34M | $-13.44M | $-8.13M | $-23.77M | $789.15K | $-16.58M | $-18.00M | $-21.61M | $-21.31M | $-18.53M | $-15.44M | $-6.79M | $-21.92M | $-19.99M |
| Low Forecast | $-70.15M | $-58.72M | $-47.29M | $-38.23M | $-47.15M | $-35.71M | $-28.92M | $-24.10M | $-32.68M | $-22.71M | $-18.20M | $-13.57M | $-28.61M | $-24.60M | $-19.48M | $-39.22M | $-27.52M | $-26.31M | $-15.91M | $-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 | 9 | 4 | 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 | $-10.45M | $-22.12M | $-27.98M | $-33.82M | $-23.71M | $-25.39M | $-26.15M | $-26.96M | $-29.12M | $-27.38M | $-28.42M | $-29.51M | $-38.82M | $-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 | $-6.44M | $-13.64M | $-17.26M | $-20.86M | $-14.62M | $-15.66M | $-16.13M | $-16.63M | $-17.96M | $-16.89M | $-17.53M | $-17.71M | $-29.86M | $-23.72M | $-24.35M | $-28.44M | $-32.69M | $-23.83M | $-23.93M | $-25.85M | $-1.84M | $-39.66M | $-36.71M | $-23.50M | $-24.34M | $-18.51M | $-14.62M | $-7.76M | $-10.38M | $-12.93M |
| Low Forecast | $-15.62M | $-33.07M | $-41.84M | $-50.56M | $-35.45M | $-37.97M | $-39.09M | $-40.32M | $-43.54M | $-40.94M | $-42.49M | $-38.37M | $-44.79M | $-57.52M | $-59.04M | $-42.66M | $-45.77M | $-57.77M | $-58.01M | $-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 | 9 | 4 | 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 | $23.72M | $19.86M | $15.99M | $12.93M | $15.94M | $12.08M | $9.78M | $8.15M | $11.05M | $7.68M | $6.16M | $5.40M | $9.96M | $8.32M | $6.59M | $8.07M | $11.76M | $8.90M | $5.38M | $7.33M | $8.61M | $7.74M | $8.41M | $6.67M | $9.95M | $8.65M | $7.21M | $3.82M | $10.24M | $9.34M |
| High Forecast | $32.76M | $27.42M | $22.09M | $17.85M | $22.02M | $16.68M | $13.51M | $11.25M | $15.26M | $10.61M | $8.50M | $6.34M | $13.36M | $11.49M | $9.10M | $9.68M | $12.85M | $12.29M | $7.43M | $8.80M | $10.34M | $7.74M | $8.41M | $8.00M | $9.95M | $8.65M | $7.21M | $4.58M | $10.24M | $9.34M |
| Low Forecast | $16.73M | $14.00M | $11.28M | $9.12M | $11.24M | $8.52M | $6.90M | $5.75M | $7.79M | $5.42M | $4.34M | $4.60M | $7.29M | $5.87M | $4.65M | $6.45M | $8.57M | $6.28M | $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 $5.38M, based on 6 Wall Street analysts, with a range of $3.79M to $7.43M. The forecast indicates a -48.07% 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 | 9 | 4 | 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 | $-0.08 | $-0.08 | $-0.09 | $-0.09 | $-0.10 | $-0.09 | $-0.09 | $-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 | $-0.05 | $-0.06 | $-0.07 | $-0.05 | $-0.05 | $-0.05 | $-0.06 | $-0.06 | $-0.06 | $-0.06 | $-0.06 | $-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 | $-0.11 | $-0.14 | $-0.17 | $-0.12 | $-0.13 | $-0.13 | $-0.13 | $-0.15 | $-0.14 | $-0.14 | $-0.13 | $-0.15 | $-0.19 | $-0.20 | $-0.21 | $-0.15 | $-0.19 | $-0.19 | $-0.19 | $-0.21 | $-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 |
|---|---|---|---|---|---|
| BLDP | Ballard Power Systems | $1.27 | $6.98 | 449.61% | Buy |
| HI | Hillenbrand | $30.17 | $54.00 | 78.99% | Buy |
| GNRC | Generac | $191.04 | $265.06 | 38.75% | Buy |
| MIDD | Middleby | $138.05 | $169.75 | 22.96% | Buy |
| IEX | IDEX | $231.00 | $237.44 | 2.79% | Buy |
| ROK | Rockwell Automation | $286.57 | $283.77 | -0.98% | Buy |
| DOV | Dover | $203.99 | $190.07 | -6.82% | Buy |
| EMR | Emerson Electric | $130.16 | $120.33 | -7.55% | Buy |
| CR | Crane NXT | $175.95 | $160.50 | -8.78% | Buy |
| FLS | Flowserve | $59.90 | $51.00 | -14.86% | Buy |
| ITW | Illinois Tool Works | $272.96 | $230.92 | -15.40% | Hold |
| CMI | Cummins | $366.34 | $292.73 | -20.09% | Buy |
| PH | Parker-Hannifin | $706.46 | $546.07 | -22.70% | Buy |
| ETN | Eaton | $369.66 | $243.05 | -34.25% | Buy |