BLDP
Ballard Power SystemsBLDP
BLDP
About: Ballard Power Systems is a world leader in proton-exchange membrane fuel cells, power system development, and commercialization. The company's principal business is the design, development, manufacture, sale, and service of PEM fuel cell products for a variety of applications, focusing on power product markets of heavy-duty motive (bus, truck, rail, and marine applications), material handling, and stationary power generation. Sales are concentrated in the US, Europe, and China.
Employees: 1,173
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
31% more call options, than puts
Call options by funds: $414K | Put options by funds: $317K
7% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 46
4.49% less ownership
Funds ownership: 24.62% [Q2] → 20.12% (-4.49%) [Q3]
16% less funds holding
Funds holding: 171 [Q2] → 143 (-28) [Q3]
35% less capital invested
Capital invested by funds: $166M [Q2] → $108M (-$58.1M) [Q3]
65% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 43
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$1.20
26%
downside
Avg. target
$1.35
17%
downside
High target
$1.50
7%
downside
2 analyst ratings
0 positive
0%
1 neutral
50%
1 negative
50%
CIBC Hamir Patel 33% 1-year accuracy 1 / 3 met price target | 26%downside $1.20 | Underperformer Maintained | 4 Dec 2024 |
Susquehanna Biju Perincheril 21% 1-year accuracy 15 / 71 met price target | 7%downside $1.50 | Neutral Maintained | 16 Oct 2024 |
Financial journalist opinion
Based on 3 articles about BLDP published over the past 30 days
Neutral
PRNewsWire
1 day ago
Ballard announces multiple orders totaling over 6 MW of fuel cell engines for European bus market
VANCOUVER, BC , Dec. 20, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced orders from two bus manufacturers to supply over 90 fuel cell engines, representing approximately 6.4 megawatts (MW) of total rated power, for the European and UK city bus market. "We are excited with the continued growth of our bus OEM partnerships and our continued progress on customer platform wins and repeat business," said David Mucciacciaro, Chief Commercial Officer at Ballard.
Neutral
PRNewsWire
1 week ago
Ballard to Supply 8 MW of Fuel Cell Engines to Stadler for Californian Passenger Rail
VANCOUVER, BC , Dec. 9, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced the signing of a multi-year supply agreement with Stadler US ("Stadler"; www.stadlerrail.com) to supply 8 megawatts of FCmove®-HD+ fuel cell engines to power trains for the California Department of Transportation (Caltrans). The supply of the FCmove®-HD+ engines will be integrated into Stadler's line of zero-emission passenger trains, the FLIRT H2.
Neutral
PRNewsWire
2 weeks ago
CPKC places follow-on order for approximately 20 MW of Ballard fuel cell engines for North American locomotives
VANCOUVER, BC , Dec. 5, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced the signing of a new Long Term Supply Agreement ("LTSA") with Canadian Pacific Kansas City ("CPKC") (TSX: CP) (NYSE: CP), including the initial supply of 98 fuel cell engines for use in the North American freight rail market. Each engine has a nameplate of 200 kW, totaling approximately 20 megawatts (MW) of fuel cell power.
Neutral
Seeking Alpha
1 month ago
Ballard Power: Investors Need To Hope For A Sale Or Change In Strategic Focus - Hold
Leading Canadian fuel cell systems developer Ballard Power Systems reported abysmal Q3/2024 results, with revenues and profitability missing consensus expectations by a mile. Consolidated gross margin of -55.6% represented a new all-time low due to an apparent lack of pricing power in the company's core fuel cell bus vertical. With a 12-month backlog of just $58.2 million, the company's 2025 revenues are not likely to be anywhere close to current consensus estimates.
Neutral
Seeking Alpha
1 month ago
Ballard Power Systems Inc. (BLDP) Q3 2024 Earnings Call Transcript
Ballard Power Systems Inc. (NASDAQ:BLDP ) Q3 2024 Earnings Conference Call November 5, 2024 11:00 AM ET Company Participants Sumit Kundu – Manager and Investor Relations Randy MacEwen – Chief Executive Officer Kate Igbalode – Chief Financial Officer Conference Call Participants Rob Brown – Lake Street Capital Markets Jordan Levy – Truist Securities Saumya Jain – UBS Ameet Thakkar – BMO Capital Markets Craig Shere – Tuohy Brothers Rupert Merer – National Bank Mac Whale – Cormark Securities Martin Malloy – Johnson Rice Kashy Harrison – Piper Sandler Operator Hello and welcome to the Ballard Power Systems' Third Quarter 2024 Results Conference Call. As a reminder, all participants are in a listen-only mode and the conference is being recorded.
Neutral
Zacks Investment Research
1 month ago
Ballard (BLDP) Reports Q3 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Ballard (BLDP) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Negative
Zacks Investment Research
1 month ago
Ballard Power Systems (BLDP) Reports Q3 Loss, Misses Revenue Estimates
Ballard Power Systems (BLDP) came out with a quarterly loss of $0.19 per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to loss of $0.12 per share a year ago.
Neutral
PRNewsWire
1 month ago
Ballard Reports Q3 2024 Results
VANCOUVER, BC , Nov. 5, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced consolidated financial results for the third quarter ended September 30, 2024. All amounts are in U.S. dollars unless otherwise noted and have been prepared in accordance with International Financial Reporting Standards (IFRS).
Neutral
PRNewsWire
1 month ago
Ballard announces purchase order to supply 200 fuel cell engines to New Flyer
VANCOUVER, BC and WINNIPEG, MB , Nov. 4, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced a purchase order to supply 200 fuel cell engines to New Flyer, a subsidiary of NFI Group Inc. ("NFI"; TSX: NFI, OTC: NFYEF, TSX: NFI.DB; www.nfigroup.com), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions in North America and Europe. The order of 200 fuel cell engines, representing a total of approximately 20 MW of power, is the second purchase order under the long-term supply agreement announced in January 2024, and double the first purchase order of 100 engines under this agreement.
Positive
Zacks Investment Research
1 month ago
Ballard Power Systems (BLDP) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
Ballard (BLDP) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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