Q3 EPS Forecast for Ballard Power Systems Lifted by Analyst

Ballard Power Systems, Inc. (NASDAQ:BLDP) (TSE:BLD) – Investment analysts at Cormark upped their Q3 2025 EPS estimates for Ballard Power Systems in a note issued to investors on Tuesday, August 19th. Cormark analyst M. Whale now expects that the technology company will earn ($0.09) per share for the quarter, up from their prior forecast of ($0.11). The consensus estimate for Ballard Power Systems’ current full-year earnings is ($0.54) per share. Cormark also issued estimates for Ballard Power Systems’ FY2025 earnings at ($0.35) EPS, Q1 2026 earnings at ($0.07) EPS, Q2 2026 earnings at ($0.07) EPS, Q3 2026 earnings at ($0.07) EPS, Q4 2026 earnings at ($0.05) EPS and FY2026 earnings at ($0.27) EPS.

BLDP has been the subject of several other reports. Roth Capital raised their price objective on shares of Ballard Power Systems from $1.25 to $1.80 and gave the stock a “neutral” rating in a research report on Monday, August 11th. BMO Capital Markets raised their price objective on shares of Ballard Power Systems from $1.00 to $1.10 and gave the stock an “underperform” rating in a research report on Tuesday, August 12th. Susquehanna raised their price objective on shares of Ballard Power Systems from $1.30 to $2.00 and gave the stock a “neutral” rating in a research report on Monday, July 21st. National Bank Financial upgraded shares of Ballard Power Systems to a “hold” rating in a research report on Sunday, June 8th. Finally, Lake Street Capital cut shares of Ballard Power Systems from a “buy” rating to a “hold” rating in a research report on Monday, August 11th. Eleven investment analysts have rated the stock with a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus target price of $1.51.

Ballard Power Systems Price Performance

Shares of NASDAQ BLDP opened at $1.90 on Thursday. Ballard Power Systems has a 52 week low of $1.00 and a 52 week high of $2.28. The stock has a market capitalization of $569.75 million, a price-to-earnings ratio of -1.92 and a beta of 1.76. The firm has a 50-day simple moving average of $1.79 and a 200-day simple moving average of $1.46. The company has a quick ratio of 8.32, a current ratio of 9.31 and a debt-to-equity ratio of 0.03.

Ballard Power Systems (NASDAQ:BLDP) (TSE:BLD) last issued its earnings results on Monday, August 11th. The technology company reported ($0.08) EPS for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.02. The business had revenue of $17.98 million during the quarter, compared to analysts’ expectations of $17.94 million. Ballard Power Systems had a negative net margin of 409.35% and a negative return on equity of 21.52%.

Institutional Investors Weigh In On Ballard Power Systems

Institutional investors have recently made changes to their positions in the stock. Two Sigma Investments LP increased its position in shares of Ballard Power Systems by 58.4% during the fourth quarter. Two Sigma Investments LP now owns 1,793,296 shares of the technology company’s stock valued at $2,977,000 after acquiring an additional 661,413 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its position in shares of Ballard Power Systems by 39.1% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 385,643 shares of the technology company’s stock valued at $440,000 after acquiring an additional 108,364 shares during the last quarter. Millennium Management LLC increased its position in shares of Ballard Power Systems by 79.9% during the fourth quarter. Millennium Management LLC now owns 2,652,624 shares of the technology company’s stock valued at $4,404,000 after acquiring an additional 1,177,718 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new stake in shares of Ballard Power Systems during the fourth quarter valued at about $150,000. Finally, Raymond James Financial Inc. acquired a new stake in shares of Ballard Power Systems during the fourth quarter valued at about $27,000. 28.02% of the stock is currently owned by institutional investors and hedge funds.

Ballard Power Systems Company Profile

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.