BLDP

Ballard Power Systems
BLDP

$2.30

2.22%

Market Cap: 689M

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 6,702 funds

0

Analysts bullish %

of 12 analysts

0

News positive %

of 4 articles

Fund manager confidence

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

28% more call options, than puts

Call options by funds: $1.24M | Put options by funds: $964K

1.62% less ownership

Funds ownership: 21.63% [Q4 2023] → 20.01% (-1.62%) [Q1 2024]

11% less funds holding

Funds holding: 174 [Q4 2023] → 155 (-19) [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

51% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 37

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Research analyst outlook

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

Low target

$2.30

0%

upside

Avg. target

$3.33

45%

upside

High target

$4.10

78%

upside

12 analyst ratings

2 positive

17%

6 neutral

50%

4 negative

33%

Wells Fargo Praneeth Satish	30%upside $3	Underweight Maintained	9 May 2024
HSBC Samantha Hoh	65%upside $3.8	Buy Maintained	8 May 2024
CIBC Hamir Patel	52%upside $3.5	Neutral Maintained	8 May 2024
Truist Securities Jordan Levy	30%upside $3	Hold Reiterated	8 May 2024
Raymond James Michael Glen	74%upside $4	Market Perform Maintained	13 Mar 2024

See Analyst Rankings

Financial journalist opinion

Based on 4 articles about BLDP published over the past 30 days

3 Hydrogen Stocks That Could Grow Your Wealth

While the S&P 500 was up more than 20% in 2023, it probably was not the best year for those who invested in the hydrogen sector. During aggressive interest hikes, a lot of the hydrogen companies struggled to keep revenue up and bring returns to investors.

3 Hydrogen Stocks That Could Grow Your Wealth

Ballard Announces Q2 2024 Results Conference Call

VANCOUVER, BC , July 11, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) will hold a conference call on Monday, August 12 th, 2024 at 8:00 a.m. Pacific Time (11:00 a.m.

Ballard Announces Q2 2024 Results Conference Call

3 Hydrogen Stocks That Could Make Your Grandchildren Rich

Hydrogen stocks are entering a buy zone, with many undervalued companies poised for significant gains if broader indices like the Nasdaq and S&P 500 receive an expected boost in liquidity. Despite their speculative nature, these hydrogen stocks present a potential for explosive growth.

3 Hydrogen Stocks That Could Make Your Grandchildren Rich

10X Hydrogen Plays: 3 Stocks That Will Have Investors Grinning From Ear to Ear

Hydrogen stocks continue to hold significant potential for investors. It continues to have the potential to de-carbonize various sectors and for that reason hope surrounding hydrogen remains.

10X Hydrogen Plays: 3 Stocks That Will Have Investors Grinning From Ear to Ear

Ballard and Vertiv announce strategic technology partnership to support alternative energy usage for data centers

VANCOUVER, BC and WESTERVILLE, Ohio , June 18, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) and Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, have entered into a strategic technology partnership with a focus on backup power applications for data centres and critical infrastructures, scalable from 200kW to multiple MWs. Collaborating to demonstrate the technical feasibility and customer benefits of hydrogen-powered fuel cell solutions, Vertiv has integrated Ballard fuel cell power modules with Vertiv™ Liebert® EXL S1 uninterruptible power system (UPS) within a successfully demonstrated proof of concept (POC) at Vertiv's facility in Ohio.

Ballard and Vertiv announce strategic technology partnership to support alternative energy usage for data centers

Hydrogen Hurdles: 3 Stocks to Shed Before It's Too Late

As the world transitions towards a cleaner energy future, hydrogen stocks have gained attention from investors. However, not all hydrogen companies are thriving.

Hydrogen Hurdles: 3 Stocks to Shed Before It's Too Late

3 Hydrogen Stocks to Turn $100,000 into $1 million: June 2024

For more than 30 years, investors have been looking for hydrogen stocks to buy as the pursuit of clean energy has gone from vision to reality. However, while hydrogen holds promise as one of the few “clean” energy alternatives, there are several obstacles that the industry has yet to fully overcome.

3 Hydrogen Stocks to Turn $100,000 into $1 million: June 2024

Ballard Publishes its 2023 ESG Report

VANCOUVER, BC , June 10, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today releases its 2023 Environmental, Social, and Governance (ESG) Report, highlighting progress across Ballard's 2023 ESG performance and articulating an ongoing commitment to transparency and environmental leadership in the fuel cell industry. The report captures performance metrics in the pursuit of Ballard's sustainability commitments and supporting initiatives.

Ballard Publishes its 2023 ESG Report

Ballard Power announces results of Annual General Meeting 2024

VANCOUVER, BC , June 6, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced results of its 2024 Annual General Meeting, which was held on June 5 th. All nominees listed in the Management Proxy Circular dated April 8 th, 2024 were elected as directors of the Company.

Ballard Power announces results of Annual General Meeting 2024

Element 1 Corp. and Ballard Power Systems Collaborate on Revolutionary Hydrogen Power Solutions

BEND, Ore.--(BUSINESS WIRE)--Element 1 Corp, a pioneer in on-demand hydrogen generation technology, and Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP), have joined forces to accelerate the adoption of sustainable hydrogen energy solutions. This groundbreaking collaboration aims to revolutionize the way we generate and utilize hydrogen for various applications. Specifically, the joint effort successfully paired Ballard's FCwave™ 200-kW fuel cell module with Element 1's M/L18 hydrogen generator.

Element 1 Corp. and Ballard Power Systems Collaborate on Revolutionary Hydrogen Power Solutions

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