Ballard Power Systems, Inc. (NASDAQ:BLDP) Given Consensus Rating of “Reduce” by Brokerages

Posted by Geri Gentry on Jun 10th, 2026

Shares of Ballard Power Systems, Inc. (NASDAQ:BLDP – Get Free Report) (TSE:BLD) have earned an average rating of “Reduce” from the fifteen analysts that are presently covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a sell recommendation, eleven have issued a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $3.5875.

Several research analysts have commented on the company. ATB Cormark Capital Markets boosted their target price on Ballard Power Systems from $3.50 to $4.30 and gave the stock a “sector perform” rating in a research note on Wednesday, May 6th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Ballard Power Systems in a research report on Monday, April 20th. Lake Street Capital upgraded shares of Ballard Power Systems from a “hold” rating to a “buy” rating and raised their target price for the company from $3.00 to $5.00 in a research report on Tuesday, May 5th. Raymond James Financial boosted their target price on shares of Ballard Power Systems from $2.40 to $4.00 and gave the stock a “market perform” rating in a research note on Wednesday, May 6th. Finally, Wells Fargo & Company increased their price target on Ballard Power Systems from $1.50 to $2.00 and gave the company an “underweight” rating in a research note on Friday, March 27th.

View Our Latest Stock Analysis on BLDP

Hedge Funds Weigh In On Ballard Power Systems

Several large investors have recently bought and sold shares of the company. JPMorgan Chase & Co. grew its holdings in shares of Ballard Power Systems by 45.3% during the third quarter. JPMorgan Chase & Co. now owns 692,201 shares of the technology company’s stock worth $1,883,000 after purchasing an additional 215,954 shares during the last quarter. Leonteq Securities AG bought a new position in Ballard Power Systems in the 4th quarter valued at approximately $319,000. GSA Capital Partners LLP boosted its position in Ballard Power Systems by 108.5% during the 4th quarter. GSA Capital Partners LLP now owns 709,304 shares of the technology company’s stock worth $1,802,000 after buying an additional 369,137 shares during the period. Bank of America Corp DE boosted its position in Ballard Power Systems by 72.5% during the 1st quarter. Bank of America Corp DE now owns 575,907 shares of the technology company’s stock worth $1,394,000 after buying an additional 242,132 shares during the period. Finally, Amundi raised its stake in shares of Ballard Power Systems by 23.8% during the first quarter. Amundi now owns 256,544 shares of the technology company’s stock valued at $621,000 after acquiring an additional 49,248 shares during the last quarter. 28.02% of the stock is currently owned by institutional investors.

Ballard Power Systems Stock Performance

Shares of NASDAQ:BLDP opened at $4.70 on Wednesday. The company’s 50 day moving average price is $4.04 and its two-hundred day moving average price is $3.04. Ballard Power Systems has a 12-month low of $1.39 and a 12-month high of $6.57. The firm has a market cap of $1.42 billion, a PE ratio of -16.93 and a beta of 2.19. The company has a quick ratio of 9.90, a current ratio of 10.70 and a debt-to-equity ratio of 0.03.

Ballard Power Systems (NASDAQ:BLDP – Get Free Report) (TSE:BLD) last posted its quarterly earnings results on Tuesday, May 5th. The technology company reported ($0.04) EPS for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.02. Ballard Power Systems had a negative return on equity of 13.48% and a negative net margin of 78.60%.The business had revenue of $18.98 million during the quarter, compared to the consensus estimate of $19.88 million. Equities research analysts predict that Ballard Power Systems will post -0.19 earnings per share for the current year.

Ballard Power Systems Company Profile

(Get Free Report)

Ballard Power Systems (NASDAQ:BLDP) is a Canadian technology company specializing in the development and manufacture of proton exchange membrane (PEM) fuel cell products. Headquartered in Vancouver, British Columbia, Ballard designs and sells fuel cell stacks and modules that enable zero-emission power generation for a variety of applications, including heavy-duty motive systems, backup power, material handling equipment, and portable power solutions.

Since its founding in 1979, Ballard has built a strong intellectual property portfolio and a track record of innovation in PEM fuel cell technology.