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Ballard Power Systems - BLDP Stock Price Target and Predictions

  • Consensus Rating: Reduce
  • Consensus Price Target: $2.77
  • Forecasted Upside: 70.94%
  • Number of Analysts: 15
  • Breakdown:
  • 5 Sell Ratings
  • 9 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$1.62 As of 12/20/2024 06:40 PM ET
▲ +0.12 (8.00%)

This chart shows the closing price for BLDP by one month, three months, or twelve months.

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Analyst Price Target for BLDP

Analyst Price Target is $2.77
▲ +70.94% Upside Potential
This price target is based on 15 analysts offering 12 month price targets for Ballard Power Systems in the last 3 months. The average price target is $2.77, with a high forecast of $10.00 and a low forecast of $1.20. The average price target represents a 70.94% upside from the last price of $1.62.

This chart shows the closing price for BLDP for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Reduce

The current consensus among 15 contributing investment analysts is to reduce stock in Ballard Power Systems. This Reduce consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 13 hold ratings
  • 2 sell ratings
Ratings as of
6/30/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 14 hold ratings
  • 2 sell ratings
Ratings as of
9/28/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 11 hold ratings
  • 2 sell ratings
Ratings as of
12/27/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 10 hold ratings
  • 3 sell ratings
Ratings as of
3/26/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 11 hold ratings
  • 3 sell ratings
Ratings as of
6/24/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 9 hold ratings
  • 5 sell ratings
Ratings as of
9/22/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 9 hold ratings
  • 5 sell ratings
Ratings as of
11/21/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 9 hold ratings
  • 5 sell ratings
Ratings as of
12/21/2024

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 9 hold ratings
  • 5 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
12/4/2024CIBCLower TargetUnderperformer ➝ Underperformer$1.40 ➝ $1.20
11/6/2024Hsbc Global ResDowngradeStrong-Buy ➝ Hold
11/6/2024CIBCLower TargetUnderperformer ➝ Underperformer$1.60 ➝ $1.40
11/6/2024HSBCDowngradeBuy ➝ Hold
10/16/2024SusquehannaLower TargetNeutral ➝ Neutral$2.00 ➝ $1.50
9/30/2024CitigroupLower TargetNeutral$3.50 ➝ $2.00
9/16/2024CormarkReiterated RatingBuy ➝ Market Perform
8/14/2024Raymond JamesLower TargetMarket Perform ➝ Market Perform$4.00 ➝ $3.00
8/13/2024Cibc World MktsDowngradeHold ➝ Strong Sell
8/13/2024Lake Street CapitalLower TargetBuy ➝ Buy$15.00 ➝ $10.00
8/13/2024CIBCReiterated RatingNeutral ➝ Underperformer$3.50 ➝ $1.60
8/13/2024National BanksharesLower TargetSector Perform$4.00 ➝ $3.00
8/13/2024Wells Fargo & CompanyLower TargetUnderweight ➝ Underweight$3.00 ➝ $2.00
8/13/2024Truist FinancialLower TargetHold ➝ Hold$3.00 ➝ $2.00
8/13/2024Jefferies Financial GroupLower TargetHold ➝ Hold$3.25 ➝ $2.00
8/13/2024BMO Capital MarketsLower TargetUnderperform ➝ Underperform$2.25 ➝ $1.70
8/13/2024SusquehannaLower TargetNeutral ➝ Neutral$3.00 ➝ $2.00
8/12/2024TD SecuritiesDowngradeHold ➝ Sell$2.50 ➝ $1.50
5/9/2024Wells Fargo & CompanyLower TargetUnderweight ➝ Underweight$3.50 ➝ $3.00
5/8/2024HSBCLower TargetBuy ➝ Buy$4.10 ➝ $3.80
5/8/2024TD SecuritiesBoost TargetHold$2.50 ➝ $2.75
5/8/2024National BanksharesLower TargetSector Perform$4.50 ➝ $4.00
5/8/2024Jefferies Financial GroupLower TargetHold$3.50 ➝ $3.25
5/8/2024CIBCLower TargetNeutral ➝ Neutral$3.75 ➝ $3.50
5/8/2024Truist FinancialReiterated RatingHold ➝ Hold$3.50 ➝ $3.00
4/25/2024TD SecuritiesLower Target$3.00 ➝ $2.50
3/13/2024Piper SandlerLower TargetUnderweight ➝ Underweight$3.00 ➝ $2.30
3/13/2024Raymond JamesLower TargetMarket Perform ➝ Market Perform$4.50 ➝ $4.00
3/12/2024TD SecuritiesLower TargetHold$3.75 ➝ $3.00
2/27/2024CitigroupLower TargetNeutral$4.50 ➝ $3.50
1/30/2024Jefferies Financial GroupLower TargetHold$4.00 ➝ $3.50
11/13/2023Truist FinancialLower TargetHold ➝ Hold$4.00 ➝ $3.50
11/13/2023Wells Fargo & CompanyLower TargetUnderweight ➝ Underweight$5.00 ➝ $3.50
11/8/2023SusquehannaLower TargetNeutral ➝ Neutral$5.00 ➝ $4.00
11/8/2023Susquehanna BancsharesLower TargetNeutral$5.00 ➝ $4.00
11/8/2023TD SecuritiesLower TargetHold$4.00 ➝ $3.50
11/8/2023National BanksharesLower TargetSector Perform$7.00 ➝ $5.00
11/8/2023BMO Capital MarketsLower TargetUnderperform$3.65 ➝ $3.50
11/6/2023Truist FinancialLower TargetHold ➝ Hold$5.00 ➝ $4.00
10/24/2023HSBCUpgradeHold ➝ Buy$4.50
10/16/2023Jefferies Financial GroupLower TargetHold$5.00 ➝ $4.50
10/10/2023UBS GroupLower TargetNeutral ➝ Neutral$6.50 ➝ $4.25
9/25/2023HSBCInitiated CoverageHold$4.50
8/14/2023SusquehannaLower TargetNeutral ➝ Neutral$5.50 ➝ $5.00
7/5/2023CitigroupInitiated CoverageNeutral
6/27/2023B. RileyDowngradeBuy ➝ Neutral$6.00 ➝ $5.00
6/15/2023ScotiabankLower Target$6.75 ➝ $6.00
6/14/2023TD SecuritiesBoost TargetHold$5.00 ➝ $5.50
6/14/2023BMO Capital MarketsDowngradeMarket Perform ➝ Underperform$4.50 ➝ $4.25
5/8/2023B. RileyLower Target$9.00 ➝ $6.00
3/21/2023Raymond JamesLower TargetMarket Perform$6.00 ➝ $5.00
3/20/2023TD SecuritiesLower TargetHold$6.50 ➝ $5.00
3/20/2023BMO Capital MarketsLower Target$5.50 ➝ $4.50
3/20/2023SusquehannaLower Target$6.00 ➝ $5.50
3/15/2023Truist FinancialLower Target$7.00 ➝ $6.00
3/9/2023ScotiabankInitiated CoverageSector Perform$7.25
1/17/2023National BanksharesLower TargetSector Perform$8.00 ➝ $7.00
1/6/2023Wells Fargo & CompanyDowngradeEqual Weight ➝ Underweight$6.00 ➝ $5.00
12/13/2022UBS GroupInitiated CoverageNeutral
12/8/2022BMO Capital MarketsInitiated CoverageMarket Perform$5.50
11/15/2022CowenLower Target$7.50
11/8/2022Raymond JamesLower TargetMarket Perform$10.00 ➝ $6.00
11/8/2022National BanksharesDowngradeOutperform ➝ Sector Perform$12.00 ➝ $8.00
11/8/2022Susquehanna BancsharesLower TargetNeutral$6.50 ➝ $6.00
11/8/2022Lake Street CapitalLower Target$32.00 ➝ $19.00
11/8/2022B. RileyLower Target$11.00 ➝ $9.00
11/8/2022National Bank of CanadaReiterated RatingOutperform ➝ Sector Perform$12.00 ➝ $8.00
11/8/2022TD SecuritiesDowngradeSpeculative Buy ➝ Hold$11.00 ➝ $6.50
11/8/2022SusquehannaLower TargetNeutral$6.50 ➝ $6.00
11/8/2022CitigroupLower TargetNeutral$7.50 ➝ $6.30
11/8/2022National Bank FinancialDowngradeOutperform ➝ Sector Perform
10/24/2022Susquehanna BancsharesLower TargetNeutral$7.50 ➝ $6.50
10/24/2022SusquehannaLower TargetNeutral$7.50 ➝ $6.50
10/19/2022Jefferies Financial GroupInitiated CoverageHold$6.00
10/18/2022Truist FinancialLower TargetHold$9.00 ➝ $7.00
10/4/2022CitigroupLower Target$10.00 ➝ $7.50
10/3/2022TD SecuritiesLower TargetSpeculative Buy$12.50 ➝ $11.00
8/15/2022CowenBoost Target$9.00
8/11/2022National BanksharesLower TargetOutperform$13.00 ➝ $12.00
8/11/2022TD SecuritiesBoost TargetSpeculative Buy$11.00 ➝ $12.50
8/10/2022Raymond JamesDowngradeOutperform ➝ Market Perform$9.00 ➝ $10.00
6/8/2022Piper SandlerInitiated CoverageSell$5.00
6/2/2022KeyCorpReiterated RatingSector Weight
5/10/2022Raymond JamesLower TargetOutperform$14.00 ➝ $9.00
5/10/2022National BanksharesLower TargetOutperform$14.00 ➝ $13.00
5/10/2022B. RileyLower Target$15.00 ➝ $12.00
3/16/2022CitigroupLower TargetNeutral$13.00 ➝ $11.00
3/15/2022TD SecuritiesLower TargetSpeculative Buy$20.00 ➝ $17.00
3/15/2022National BanksharesLower TargetOutperform$20.00 ➝ $14.00
3/15/2022National Bank FinancialLower TargetOutperform$20.00 ➝ $14.00
3/14/2022National Bank FinancialReiterated RatingOutperform Spec Overweight
3/10/2022Susquehanna BancsharesBoost TargetNeutral$10.00 ➝ $11.00
3/10/2022SusquehannaBoost TargetNeutral$10.00 ➝ $11.00
2/7/2022BMO Capital MarketsDowngradeOutperform ➝ Market Perform$23.00 ➝ $10.00
1/26/2022Susquehanna BancsharesInitiated CoverageNeutral$10.00
1/26/2022SusquehannaInitiated CoverageNeutral$10.00
1/24/2022Truist FinancialLower TargetHold ➝ Hold$18.00 ➝ $13.00
1/5/2022KeyCorpInitiated CoverageSector Weight ➝ Sector Weight
11/23/2021Raymond JamesSet TargetOutperform$25.00
11/19/2021CitigroupInitiated CoverageOverweight ➝ Underweight
11/17/2021CitigroupDowngradeBuy ➝ Neutral$19.00
11/10/2021B. RileyLower TargetBuy$26.00 ➝ $23.00
11/4/2021Sumitomo Mitsui Financial GroupInitiated CoverageNeutral$20.00
10/15/2021Truist FinancialInitiated CoverageHold$18.00
9/23/2021Piper SandlerLower TargetNeutral$14.00 ➝ $12.00
9/14/2021Eight CapitalReiterated RatingHoldC$18.00
9/13/2021Eight CapitalInitiated CoverageNeutral
8/31/2021Wolfe ResearchInitiated CoverageUnderperform$16.00
8/10/2021Raymond JamesReiterated RatingOutperform$25.00
8/9/2021National Bank FinancialLower TargetOutperform$27.00 ➝ $26.00
8/9/2021National BanksharesLower TargetOutperform$27.00 ➝ $26.00
7/13/2021COKER & PALMERReiterated RatingSector Underperform
6/8/2021Raymond JamesReiterated RatingOutperform$30.00
5/11/2021Roth CapitalReiterated RatingBuy ➝ Neutral$32.00 ➝ $15.00
5/5/2021National Bank FinancialLower TargetOutperform$33.00
5/5/2021TD SecuritiesLower TargetSpeculative Buy$30.00 ➝ $25.00
5/5/2021National BanksharesLower TargetOutperform$35.00 ➝ $27.00
5/5/2021BMO Capital MarketsLower TargetPositive ➝ Outperform$35.00 ➝ $23.00
5/5/2021B. RileyLower TargetBuy$30.00 ➝ $26.00
5/5/2021Raymond JamesDowngradeStrong-Buy ➝ Outperform$40.00 ➝ $25.00
5/5/2021Roth CapitalDowngradeBuy ➝ Neutral$32.00 ➝ $15.00
5/4/2021Raymond JamesSet TargetStrong-Buy$40.00
4/28/2021Raymond JamesSet TargetStrong-Buy$40.00
4/27/2021Raymond JamesReiterated RatingStrong-Buy$49.50
4/26/2021Wells Fargo & CompanyInitiated CoverageEqual Weight$26.00
4/19/2021Wells Fargo & CompanyInitiated CoverageEqual Weight$26.00
4/16/2021B. RileyInitiated CoverageBuy$30.00
3/30/2021Northcoast ResearchInitiated CoverageNeutral
3/12/2021CitigroupLower Target$42.00 ➝ $33.00
3/12/2021Raymond JamesSet TargetStrong-Buy$40.00
3/12/2021National Bank FinancialLower TargetOutperform$38.00 ➝ $35.00
3/12/2021TD SecuritiesLower TargetSpeculative Buy$40.00 ➝ $30.00
3/12/2021Lake Street CapitalBoost TargetBuy$20.00 ➝ $35.00
3/12/2021BMO Capital MarketsBoost TargetOutperform$35.00 ➝ $38.00
3/12/2021HC WainwrightReiterated RatingHold
2/24/2021Raymond JamesSet TargetStrong-Buy$40.00
2/23/2021National Bank FinancialUpgradeSector Perform Spec Overwgt ➝ Outperform Spec Overweight
2/23/2021TD SecuritiesUpgradeHold ➝ Buy$40.00
2/1/2021CIBCInitiated CoverageNeutral$38.00
1/27/2021Piper SandlerInitiated CoverageNeutral$31.00
1/20/2021CitigroupInitiated CoverageBuy$42.00
1/19/2021BMO Capital MarketsInitiated CoverageOutperform$39.00
1/14/2021TD SecuritiesDowngradeSpeculative Buy ➝ Hold$27.00 ➝ $40.00
1/14/2021National Bank of CanadaReiterated RatingOutperform ➝ Sector Perform
1/14/2021National Bank FinancialDowngradeOutperform ➝ Sector Perform$25.00 ➝ $38.00
1/11/2021Raymond JamesUpgradeOutperform ➝ Strong-Buy$28.00 ➝ $40.00
1/6/2021Raymond JamesSet TargetOutperform$28.00
12/16/2020Raymond JamesSet TargetOutperform$28.00
12/2/2020National Bank FinancialReiterated RatingOutperform$25.00
11/30/2020Raymond JamesSet TargetOutperform$28.00
11/30/2020TD SecuritiesBoost TargetSpeculative Buy$20.00 ➝ $27.00
11/26/2020National Bank FinancialSet TargetOutperform$20.00
11/17/2020Raymond JamesSet TargetOutperform$28.00
11/10/2020HC WainwrightDowngradeBuy ➝ Neutral
11/9/2020National Bank FinancialSet TargetOutperform$20.00
11/6/2020Raymond JamesSet TargetOutperform$28.00
9/28/2020Raymond JamesSet TargetOutperform$28.00
8/26/2020Raymond JamesSet TargetOutperform$28.00
8/24/2020Sanford C. BernsteinInitiated CoverageOutperform$22.00
8/20/2020National Bank of CanadaUpgradeOutperform
8/20/2020National Bank FinancialUpgradeSector Perform ➝ Outperform$18.00 ➝ $20.00
8/17/2020TD SecuritiesUpgradeHold ➝ Speculative Buy$14.00 ➝ $20.00
8/10/2020Raymond JamesSet TargetOutperform$28.00
8/7/2020Lake Street CapitalBoost TargetBuy$13.00 ➝ $20.00
8/4/2020Raymond JamesReiterated RatingOutperform$28.00
7/16/2020Raymond JamesInitiated CoverageBuy$28.00
7/13/2020Roth CapitalBoost TargetBuy$20.00 ➝ $25.00
7/6/2020National Bank FinancialInitiated CoverageSector Perform$18.00
7/5/2020National Bank FinancialReiterated RatingSector Perform Spec Overwgt
6/29/2020Roth CapitalUpgradeNeutral ➝ Buy$10.00 ➝ $20.00
6/18/2020TD SecuritiesInitiated CoverageHold$14.00
5/7/2020HC WainwrightReiterated RatingBuy$16.00
3/10/2020HC WainwrightUpgradeNeutral ➝ Buy$16.00
3/6/2020Roth CapitalUpgradeSell ➝ Neutral$3.00 ➝ $11.00
3/6/2020Lake Street CapitalBoost TargetBuy$6.00 ➝ $13.00
(Data available from 12/21/2019 forward)

News Sentiment Rating

0.64 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 9 very positive mentions
  • 11 positive mentions
  • 4 negative mentions
  • 1 very negative mentions
Mentions as of
5/24/2024
  • 3 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
6/23/2024
  • 6 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
7/23/2024
  • 3 very positive mentions
  • 10 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
8/22/2024
  • 4 very positive mentions
  • 12 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
9/21/2024
  • 4 very positive mentions
  • 1 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
10/21/2024
  • 11 very positive mentions
  • 11 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Mentions as of
11/20/2024
  • 2 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/20/2024

Current Sentiment

  • 2 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Ballard Power Systems logo
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. It also engages in the delivery of services, including technology solutions, after sales services, and training; and provision of engineering services, product and systems integration services, and related technology transfer for a variety of PEM fuel cell applications. It operates in the United States, Germany, Canada, China, Poland, the United Kingdom, the Netherlands, France, Denmark, Belgium, India, Taiwan, Spain, Norway, Australia, Japan, and internationally. The company has a strategic alliance with Linamar Corporation for the co-development and sale of fuel cell powertrains and components for class 1 and 2 vehicles in North America and Europe. Ballard Power Systems Inc. was founded in 1979 and is headquartered in Burnaby, Canada.
Read More

Today's Range

Now: $1.62
Low: $1.50
High: $1.65

50 Day Range

MA: $1.51
Low: $1.27
High: $1.73

52 Week Range

Now: $1.62
Low: $1.23
High: $3.83

Volume

11,633,396 shs

Average Volume

3,280,004 shs

Market Capitalization

$485.06 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.72

Frequently Asked Questions

What sell-side analysts currently cover shares of Ballard Power Systems?

The following equities research analysts have issued reports on Ballard Power Systems in the last twelve months: BMO Capital Markets, CIBC, Cibc World Mkts, Citigroup Inc., Cormark, Hsbc Global Res, HSBC Holdings plc, Jefferies Financial Group Inc., Lake Street Capital, National Bankshares, Inc., Piper Sandler, Raymond James, StockNews.com, Susquehanna, TD Securities, Truist Financial Co., and Wells Fargo & Company.
View the latest analyst ratings for BLDP.

What is the current price target for Ballard Power Systems?

0 Wall Street analysts have set twelve-month price targets for Ballard Power Systems in the last year. Their average twelve-month price target is $2.77, suggesting a possible upside of 70.9%. Lake Street Capital has the highest price target set, predicting BLDP will reach $10.00 in the next twelve months. CIBC has the lowest price target set, forecasting a price of $1.20 for Ballard Power Systems in the next year.
View the latest price targets for BLDP.

What is the current consensus analyst rating for Ballard Power Systems?

Ballard Power Systems currently has 5 sell ratings, 9 hold ratings and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Reduce."
View the latest ratings for BLDP.

What other companies compete with Ballard Power Systems?

Other companies that are similar to Ballard Power Systems include Rice Acquisition Corp. II, Eos Energy Enterprises, Byrna Technologies, GrafTech International and Microvast. Learn More about companies similar to Ballard Power Systems.

How do I contact Ballard Power Systems' investor relations team?

Ballard Power Systems' physical mailing address is 9000 GLENLYON PARKWAY, BURNABY A1, V5J 5J8. The technology company's listed phone number is (604) 454-0900 and its investor relations email address is https://www.ballard.com. The official website for Ballard Power Systems is www.ballard.com. Learn More about contacing Ballard Power Systems investor relations.