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BLDP

Ballard Power Systems Inc.

BLDP

NASDAQ·Industrials·Electrical Equipment & Parts·Mkt cap $675.3M

$2.24

0.00%

P/E

-8.74

Mkt Cap

$675.3M

52-Wk Range

$1.83–$6.57

52-Week Range

$1.83 - $6.57

P/E

-8.74

Fwd P/E

-13.38

Beta

1.92

Div Yield

0.00%

Avg Vol

7.6M

Shares Out

300.9M

Mkt Cap

$675.3M

Price action

Price chart

Up 20.4% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • 45+ years of PEM fuel cell technology expertise and R&D
  • Extensive intellectual property portfolio and patent protection
  • Strategic partnerships with major OEMs including Linamar Corporation
  • Global presence with established manufacturing and service capabilities across 17+ countries

Bear Case

1 risk

  • Above-average volatility (beta 1.9).

Growth

Stable outlook

Increasing global hydrogen infrastructure investment and government incentives

Value

Deep value opportunity - significant discount to Industrial Machinery peers

Momentum

Falling

-64.9% over 3m

Quality

Thin

Mixed fundamentals

Dividend

None

No dividend

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Nov 12, 2026

Q3 26 RECAP

JUL 31, 2026

Reported EPS of -$0.07 vs -$0.04 consensus (-75.0% surprise). Revenue of $20.3M vs $25.2M expected (-19.4%).

EPS miss
Revenue miss

EPS surprise · last 4Q

0 of 1 beats

Estimate

Actual

Q3 26

-75.0%

Revenue trend · last 8Q

+6%

+11%

+120%

+39%

+26%

+13%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$14.8M

$24.5M

$15.4M

$17.8M

$32.5M

$34.2M

$19.4M

$20.1M

Margins · last 8Q

Gross

19.8%

Operating

-62.0%

Profit

-98.4%

Wall Street consensus

4 analysts · 25% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

1

25%

Hold

2

50%

Sell

1

25%

Median Price Target

Latest: Susquehanna · Jul 10, 2026

vs Industry

How BLDP stacks vs Electrical Equipment & Parts

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.