Ballard Power Systems (BLDP) to Release Quarterly Earnings on Tuesday

Ballard Power Systems (NASDAQ:BLDP) (TSE:BLD) is anticipated to issue its Q1 2025 quarterly earnings data before the market opens on Tuesday, May 6th. Analysts expect the company to announce earnings of ($0.12) per share and revenue of $16.82 million for the quarter.

Ballard Power Systems Price Performance

BLDP stock opened at $1.26 on Tuesday. Ballard Power Systems has a 52 week low of $1.00 and a 52 week high of $3.34. The firm has a market capitalization of $377.29 million, a P/E ratio of -1.15 and a beta of 1.84. The company has a fifty day simple moving average of $1.22 and a two-hundred day simple moving average of $1.42. The company has a quick ratio of 8.19, a current ratio of 9.01 and a debt-to-equity ratio of 0.03.

Analyst Upgrades and Downgrades

BLDP has been the subject of several analyst reports. HSBC lowered their price objective on Ballard Power Systems from $1.90 to $1.40 and set a “hold” rating for the company in a research note on Friday, March 14th. UBS Group set a $1.25 target price on shares of Ballard Power Systems in a research note on Friday, March 14th. National Bankshares cut their price target on shares of Ballard Power Systems from $2.60 to $2.00 and set a “sector perform” rating on the stock in a report on Friday, March 14th. Roth Mkm decreased their price objective on shares of Ballard Power Systems from $1.75 to $1.25 and set a “neutral” rating for the company in a research note on Friday, March 14th. Finally, Wells Fargo & Company set a $1.00 price target on Ballard Power Systems in a report on Thursday, March 13th. Seven analysts have rated the stock with a sell rating, nine have assigned a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, Ballard Power Systems currently has a consensus rating of “Hold” and an average price target of $2.08.

About Ballard Power Systems

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.