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Ballard Power Systems (BLDP) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

BLDP Stock Forecast

Ballard Power Systems (BLDP) stock forecast, based on 7 Wall Street analysts, predicts a 12-month average price target of $1.55, with a high of $1.60 and a low of $1.50. This represents a 16.54% increase from the last price of $1.33.

High: $1.6 Avg: $1.55 Low: $1.5 Last Closed Price: $1.33

BLDP Stock Rating

Ballard Power Systems stock's rating consensus is Buy, based on 7 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 3 Buy (42.86%), 2 Hold (28.57%), 2 Sell (28.57%), and 0 Strong Sell (0.00%).

Buy
Total 7 0 2 2 3 Strong Sell Sell Hold Buy Strong Buy

BLDP Forecast vs Benchmarks

TypeNameUpside
StockBallard Power Systems16.54%
SectorIndustrials Stocks 15.95%
IndustryIndustrial Machinery Stocks10.90%

Price Target Trends

1M3M12M
# Anlaysts--6
Avg Price Target--$2.73
Last Closing Price$1.33$1.33$1.33
Upside/Downside--105.26%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25-2123118
Dec, 24-2133119
Nov, 24-3133221
Oct, 24-3125222
Sep, 24-4125223
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 13, 2024Krista FriesenCIBC$1.60$1.90-15.79%20.30%
Aug 12, 2024Aaron MacNeilTD Securities$1.50$1.82-17.58%12.78%
May 07, 2024Bronson FleigTruist Financial$3.50$2.8423.24%163.16%
Mar 13, 2024Michael GlenRaymond James$4.00$2.7943.37%200.75%
Mar 13, 2024Kashy HarrisonPiper Sandler$2.30$2.79-17.56%72.93%
Mar 12, 2024Praneeth SatishWells Fargo$3.50$2.8821.53%163.16%
Jan 06, 2023Wells Fargo$5.00$5.04-0.79%275.94%
Dec 08, 2022BMO Capital$5.50$5.460.73%313.53%
May 12, 2022Wells Fargo$9.00$6.0449.01%576.69%
Feb 08, 2022Christopher SoutherB.Riley Financial$15.00$9.3859.91%1027.82%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
Sep 13, 2024Lake StreetBuyBuyhold
Aug 13, 2024CIBCUnderperformdowngrade
Aug 13, 2024Lake StreetBuyBuyhold
Aug 12, 2024TD SecuritiesHoldSelldowngrade
Mar 12, 2024BMO CapitalUnderperformUnderperformhold
Oct 24, 2023HSBCBuyupgrade
Jan 06, 2023Wells FargoEqual-WeightUnderweightdowngrade
Nov 08, 2022National BankSector Performdowngrade
May 12, 2022Wells FargoEqual-WeightEqual-Weighthold
May 10, 2022B. Riley SecuritiesBuyBuyhold

Financial Forecast

EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-0.20$-0.39$-0.58$-0.61-----
Avg Forecast$-0.19$-0.31$-0.61$-0.57$-1.02$-0.39$-0.35$-0.27$-0.22
High Forecast$-0.25$-0.41$-0.95$-0.59$-1.07$-0.42$-0.44$-0.33$-0.38
Low Forecast$-0.14$-0.24$-0.42$-0.55$-0.93$-0.34$-0.25$-0.23$-0.14
Surprise %5.26%25.81%-4.92%7.02%-----

Revenue Forecast

$50M $140M $230M $320M $410M $500M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$103.88M$104.50M$83.80M$104.25M-----
Avg Forecast$106.26M$96.60M$89.79M$92.36M$72.56M$90.07M$125.45M$196.99M$293.53M
High Forecast$86.50M$78.64M$67.99M$82.67M$65.90M$74.79M$90.55M$142.19M$211.87M
Low Forecast$131.56M$119.60M$129.02M$95.63M$82.63M$100.08M$195.22M$306.56M$456.80M
Surprise %-2.24%8.18%-6.67%12.87%-----

Net Income Forecast

$-350M $-280M $-210M $-140M $-70M $0 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-49.47M$-114.40M$-173.49M$-180.98M-----
Avg Forecast$-55.99M$-93.36M$-60.52M$-144.21M$-299.42M$-118.54M$-103.62M$-71.84M$-66.13M
High Forecast$-73.32M$-122.25M$-72.62M$-173.05M$-319.76M$-125.71M$-132.42M$-98.72M$-113.95M
Low Forecast$-42.46M$-70.79M$-48.41M$-115.37M$-279.07M$-102.32M$-75.67M$-69.47M$-42.21M
Surprise %-11.65%22.54%186.69%25.49%-----

BLDP Forecast FAQ

Is Ballard Power Systems stock a buy?

Ballard Power Systems stock has a consensus rating of Buy, based on 7 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 3 Buy, 2 Hold, 2 Sell, and 0 Strong Sell, reflecting a consensus that Ballard Power Systems is a favorable investment for most analysts.

What is Ballard Power Systems's price target?

Ballard Power Systems's price target, set by 7 Wall Street analysts, averages $1.55 over the next 12 months. The price target range spans from $1.5 at the low end to $1.6 at the high end, suggesting a potential 16.54% change from the previous close price of $1.33.

How does Ballard Power Systems stock forecast compare to the average forecast of its sector, industry, and investment themes?

Ballard Power Systems stock forecast shows a 16.54% upside, outperforming the average forecast for the industrials stocks sector (15.95%) and outperforming the industrial machinery stocks industry (10.90%).

What is the breakdown of analyst ratings for Ballard Power Systems over the past three months?

  • January 2025: 0% Strong Buy, 11.11% Buy, 66.67% Hold, 16.67% Sell, 5.56% Strong Sell.
  • December 2024: 0% Strong Buy, 10.53% Buy, 68.42% Hold, 15.79% Sell, 5.26% Strong Sell.
  • November 2024: 0% Strong Buy, 14.29% Buy, 61.90% Hold, 14.29% Sell, 9.52% Strong Sell.

What is Ballard Power Systems’s EPS forecast?

Ballard Power Systems's average annual EPS forecast for its fiscal year ending in December is -1.02 for 2024, a 67.21% increase from the reported $-0.61 in 2023. The prediction for 2025 is $-0.39, $-0.35 for 2026, $-0.27 for 2027, and $-0.22 for 2028.

What is Ballard Power Systems’s revenue forecast?

Ballard Power Systems's average annual revenue forecast for its fiscal year ending in December is $72.56M for 2024, a -30.39% decrease from the reported $104.25M in 2023. The forecast for 2025 is $90.07M, $125.45M for 2026, $196.99M for 2027, and $293.53M for 2028.

What is Ballard Power Systems’s net income forecast?

For its fiscal year ending in December, Ballard Power Systems's average annual net income forecast is $-299M for 2024, reflecting an 65.45% increase from the reported $-181M in 2023. The projection for 2025 is $-119M, $-104M for 2026, $-71.845M for 2027, and $-66.13M for 2028.