Research Analysts’ Recent Ratings Updates for Ballard Power Systems (BLDP)

Several analysts have recently updated their ratings and price targets for Ballard Power Systems (NASDAQ: BLDP):

• 10/31/2026 – Ballard Power Systems was downgraded by Wall Street Zen from “hold” to “sell”.
• 10/27/2026 – Ballard Power Systems had its “hold” rating reaffirmed by Jefferies Financial Group. They now have a $1.68 price target on the stock.
• 10/26/2026 – Ballard Power Systems had its price target lowered by BMO Capital Markets from $2.10 to $1.50. They now have an “underperform” rating on the stock.
• 10/17/2026 – Ballard Power Systems was upgraded by Wall Street Zen from “sell” to “hold”.
• 10/15/2026 – Ballard Power Systems had its “sell (d-)” rating reaffirmed by Weiss Ratings.
• 10/14/2026 – Ballard Power Systems had its price target lowered by Susquehanna from $3.00 to $2.00. They now have a “neutral” rating on the stock.
• 9/30/2026 – Ballard Power Systems had its price target lowered by UBS Group from $6.50 to $2.15. They now have a “neutral” rating on the stock.
• 9/30/2026 – Ballard Power Systems had its price target lowered by UBS Group from $6.50 to $2.15. They now have a “neutral” rating on the stock.

Ballard Power Systems Trading Down 4.5%

Shares of Ballard Power Systems stock opened at $1.50 on Tuesday. The firm has a market capitalization of $526.97 million, a PE ratio of -5.77 and a beta of 2.26. Ballard Power Systems, Inc. has a twelve month low of $1.43 and a twelve month high of $6.57. The firm’s 50-day moving average price is $1.99 and its 200 day moving average price is $2.87. The company has a current ratio of 11.19, a quick ratio of 10.36 and a debt-to-equity ratio of 0.03.

Ballard Power Systems (NASDAQ:BLDP) (TSE:BLD) last posted its quarterly earnings data on Friday, July 31st. The technology company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.03). Ballard Power Systems had a negative return on equity of 13.23% and a negative net margin of 72.78%. The firm had revenue of $20.34 million during the quarter, compared to analyst estimates of $25.24 million. On average, sell-side analysts predict that Ballard Power Systems, Inc. will post -0.17 EPS for the current fiscal year.

Ballard Power Systems Inc develops and manufactures proton exchange membrane (PEM) fuel cell products and technology. Its fuel cell systems generate electricity through an electrochemical process using hydrogen, producing water and heat as byproducts and supporting lower-emission power applications.

The company focuses primarily on heavy-duty mobility markets, including buses, commercial trucks, trains, marine vessels and other specialty vehicles. Ballard also provides fuel cell products and related services for stationary power applications, along with engineering support, technology development and after-sales services.

Founded in 1979 and headquartered in Vancouver, British Columbia, Ballard serves customers and partners internationally, with activity across North America, Europe and Asia.