BLDP

Ballard Power Systems Inc
NASDAQINDUSTRIALSELECTRICAL EQUIPMENT & PARTS

Key Statistics

Market Cap
$538.92M
P/E Ratio
—
EPS
$-0.26
Beta
1.72
52W High
$6.57
52W Low
$1.40
50-Day MA
$1.92
200-Day MA
$2.85
Dividend Yield
—
Profit Margin
-72.80%
Forward P/E
98.04
PEG Ratio
3.52

About Ballard Power Systems Inc

Ballard Power Systems Inc. is engaged in the design, development, manufacture, sale and service of proton exchange membrane fuel cell products primarily in Canada. The company is headquartered in Burnaby, Canada.

Official WebsiteUSAFY End: December

Fundamentals

Revenue (TTM)$106.16M
Gross Profit (TTM)$17.41M
EBITDA$-49.86M
Operating Margin-62.00%
Return on Equity-12.90%
Return on Assets-4.55%
Revenue/Share (TTM)$0.35
Book Value$1.86
Price-to-Book0.91
Price-to-Sales (TTM)5.08
EV/Revenue0.279
EV/EBITDA-4.56
Quarterly Earnings Growth (YoY)0.00%
Quarterly Revenue Growth (YoY)15.40%
Shares Outstanding$351.09M
Float$263.06M
% Insiders12.72%
% Institutions32.73%

Historical Volatility

HV 10-Day
80.46%
HV 20-Day
64.47%
HV 30-Day
55.03%
HV 60-Day
49.31%
HV Rank
37.7%

Volatility is currently expanding

Analyst Ratings

Consensus ($3.38 target)
3
Buy
8
Hold
1
Sell

Latest News

Ballard FCmove®-SC fuel cell engine makes series-production debut in next-generation Solaris Urbino 12 hydrogen bus

New purpose-built hydrogen bus platform and transit fuel cell engine combine compact design, improved performance and tailored service support to lower lifecycle costs for public transit operators. VANCOUVER, BC, Nov. 5, 2026 /PRNewswire/ -- Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced that its FCmove®-SC fuel cell engine will make its series-production debut in the new-generation Solaris Urbino 12 hydrogen transit bus.

PRNewsWire11/5/2026Neutral
Review of the Ballard Forum

Ballard is targeting to become adj. EBITDA positive by the end of 2027 and full year 2028.

PRNewsWire10/22/2026Neutral
Ballard and GeoPura put clean energy center stage in a hydrogen-powered summer of music and sport

Hydrogen power units supplied critical energy to everything from concerts and festivals to major golf tournaments VANCOUVER, BC, Oct. 21, 2026 /PRNewswire/ -- This year, GeoPura, a UK-based hydrogen power provider, recently acquired by Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP), made hydrogen integral to live entertainment.  Powered by Ballard fuel cells, Hydrogen Power Units (HPU) deliver reliable electricity while cutting harmful air pollution near stages, production areas and crowds, protecting the health of artists, crews and attendees and improving air quality for surrounding communities.

PRNewsWire10/21/2026Neutral
Ballard launches Fleet360 services for new North American FCmove®-HD+ fleets at APTA EXPO 2026

End-to-end service program combines fuel cell module performance guarantee with committed service response and resolution times, to enable transit operators to plan maintenance and fuel cell lifecycle costs. CHICAGO, Oct. 1, 2026 /PRNewswire/ -- Ballard Power Systems is launching the first-of-its-kind fuel cell lifecycle programme – Ballard Fleet360 – at APTA TRANSform & EXPO 2026 in Chicago.

PRNewsWire10/2/2026Neutral
Ballard closes acquisition of GeoPura, becoming an integrated hydrogen energy solutions provider

The combined business brings together Ballard's proven fuel cell technology and global scale with GeoPura's Hydrogen Power Units, fuel supply capabilities and Energy-as-a-Service business model. VANCOUVER, BC and NEWCASTLE, UK, Aug. 28, 2026 /PRNewswire/ -- Ballard Power Systems Inc. (NASDAQ: BLDP) (TSX: BLDP) ("Ballard"), a global leader in hydrogen fuel cell technology, today announced that it has closed the acquisition of GeoPura Limited ("GeoPura"), a leading UK-based provider of zero-emission, hydrogen-based power solutions.

PRNewsWire8/28/2026Neutral
Ballard Power Systems: Progress Hasn't Mitigated Uncertainties

Ballard Power Systems Inc. reported moderate revenue momentum in Q2, but the backlog finally showed an improvement due to strong orders. Cost cuts in R&D and manufacturing have cut BLDP's losses significantly, enabling a very long cash runway. The GeoPura acquisition deepens BLDP's position in the hydrogen value chain.

Seeking Alpha8/3/2026Positive
Ballard Power Systems Q2 Earnings Call Highlights

Ballard Power Systems NASDAQ: BLDP reported higher second-quarter revenue, improved gross margin and lower operating expenses, while outlining plans to expand beyond fuel cell engine supply through its proposed acquisition of hydrogen power company GeoPura.

MarketBeat7/31/2026Positive

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Data last updated: 11/7/2026