In the last trading session, 7.21 million Ballard Power Systems Inc (NASDAQ:BLDP) shares changed hands as the company’s beta touched 1.72. With the company’s per share price at $1.42 changed hands at $0.0 or 0.00% during last session, the market valuation stood at $425.76M. BLDP’s last price was a discount, traded about -126.76% off its 52-week high of $3.22. The share price had its 52-week low at $1.00, which suggests the last value was 29.58% up since then.
Analysts gave the Ballard Power Systems Inc (BLDP) stock a consensus recommendation rating of Hold, calculated at a mean rating of 3.40. If we narrow down to specifics, the data shows that 1 out of 6 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended BLDP as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight.
Ballard Power Systems Inc (NASDAQ:BLDP) trade information
The company’s shares are showing year-to-date downside of -14.46%, with the 5-day performance at 1.43% in the green. However, in the 30-day time frame, Ballard Power Systems Inc (NASDAQ:BLDP) is 25.66% up.
The consensus price target for the stock as assigned by Wall Street analysts is 1.27, meaning bulls need a downside of -11.81% from its current market value. According to analyst projections, BLDP’s forecast low is 1 with 2 as the target high. To hit the forecast high, the stock’s price needs a -40.85% plunge from its current level, while the stock would need to tank 29.58% for it to hit the projected low.
Ballard Power Systems Inc (BLDP) estimates and forecasts
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -45.23%. The 2025 estimates are for Ballard Power Systems Inc earnings to increase by 67.41%, but the outlook for the next 5-year period is at 36.32% per year.
Ballard Power Systems Inc (NASDAQ:BLDP)’s Major holders
LEGAL & GENERAL GROUP PLC holds the second largest percentage of outstanding shares, with 2.6146% or 7.83 million shares worth $17.68 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were Invesco Exchange-Traded Fund Trust-Invesco WilderHill Clean Energy ETF and GLOBAL X FUNDS-Global X Autonomous & Electric Vehicles ETF. With 3.0 shares estimated at $4.27 million under it, the former controlled 1.00% of total outstanding shares. On the other hand, GLOBAL X FUNDS-Global X Autonomous & Electric Vehicles ETF held about 0.73% of the shares, roughly 2.19 shares worth around $3.1 million.
