BLDP

Ballard Power Systems
BLDP

$3.09
1.34%
 

About: Ballard Power Systems Inc 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 6,665 funds
0
Analysts bullish %
of 12 analysts
0
News positive %
of 7 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

15% more call options, than puts

Call options by funds: $1.06M | Put options by funds: $919K

1.62% less ownership

Funds ownership: 21.63% [Q4 2023] → 20.0% (-1.62%) [Q1 2024]

12% less funds holding

Funds holding: 174 [Q4 2023] → 153 (-21) [Q1 2024]

28% less capital invested

Capital invested by funds: $239M [Q4 2023] → $172M (-$67.3M) [Q1 2024]

32% less repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 56

55% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 38

Research analyst outlook

12 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$2.3
26%
downside
Avg. target
$3.33
8%
upside
High target
$4.1
33%
upside

12 analyst ratings

positive
17%
neutral
50%
negative
33%
Wells Fargo
Praneeth Satish
3%downside
$3
Underweight
Maintained
9 May 2024
HSBC
Samantha Hoh
23%upside
$3.8
Buy
Maintained
8 May 2024
CIBC
Hamir Patel
13%upside
$3.5
Neutral
Maintained
8 May 2024
Truist Securities
Jordan Levy
3%downside
$3
Hold
Reiterated
8 May 2024
Raymond James
Michael Glen
29%upside
$4
Market Perform
Maintained
13 Mar 2024

Financial journalist opinion

Based on 7 articles about BLDP published over the past 30 days