During the last session, Ballard Power Systems Inc (NASDAQ:BLDP)’s traded shares were 7.91 million, with the beta value of the company hitting 1.75. At the end of the trading day, the stock’s price was $1.94, reflecting an intraday loss of -0.51% or -$0.01. The 52-week high for the BLDP share is $2.71, that puts it down -39.69 from that peak though still a striking 48.45% gain since the share price plummeted to a 52-week low of $1.00. The company’s market capitalization is $581.67M, and the average intraday trading volume over the past 10 days was 9.79 million shares, and the average trade volume was 8.64 million shares over the past three months.
Ballard Power Systems Inc (BLDP) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 3.40. BLDP has a Sell rating from 1 analyst(s) out of 6 analysts who have looked at this stock. 3 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.09.
Ballard Power Systems Inc (NASDAQ:BLDP) trade information
Ballard Power Systems Inc (BLDP) registered a -0.51% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -0.51% in intraday trading to $1.94, hitting a weekly high. The stock’s 5-day price performance is 16.17%, and it has moved by 18.29% in 30 days. Based on these gigs, the overall price performance for the year is 16.87%. The short interest in Ballard Power Systems Inc (NASDAQ:BLDP) is 20.48 million shares and it means that shorts have 1.34 day(s) to cover.
The consensus price target of analysts on Wall Street is $1.27, which implies a decrease of -52.76% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $1 and $2 respectively. As a result, BLDP is trading at a discount of -3.09% off the target high and 48.45% off the low.
Ballard Power Systems Inc (BLDP) estimates and forecasts
In the rating firms’ projections, revenue will increase 32.80% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 17.94M as predicted by 11 analyst(s). Meanwhile, a consensus of 11 analyst(s) estimates revenue growth to 25.28M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 16M and 14.76M respectively. In this case, analysts expect current quarter sales to grow by 12.11% and then jump by 71.34% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -45.23%. While earnings are projected to return 67.41% in 2025, the next five years will return 35.48% per annum.
BLDP Dividends
Ballard Power Systems Inc is due to release its next quarterly earnings on 2025-May-06. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Ballard Power Systems Inc (NASDAQ:BLDP)’s Major holders
Ballard Power Systems Inc insiders own 15.52% of total outstanding shares while institutional holders control 26.00%, with the float percentage being 30.78%. VANGUARD GROUP INC is the largest shareholder of the company, while 226.0 institutions own stock in it. As of 2024-06-30, the company held over 9.54 million shares (or 3.1871% of all shares), a total value of $21.47 million in shares.
The next largest institutional holding, with 7.81 million shares, is of LEGAL & GENERAL GROUP PLC’s that is approximately 2.6095% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $17.64 million.
Also, the Mutual Funds coming in first place with the largest holdings of Ballard Power Systems Inc (BLDP) shares are Invesco Exchange-Traded Fund Trust-Invesco WilderHill Clean Energy ETF and GLOBAL X FUNDS-Global X Autonomous & Electric Vehicles ETF . Data provided on May 31, 2025 indicates that Invesco Exchange-Traded Fund Trust-Invesco WilderHill Clean Energy ETF owns about 3.43 shares. This amounts to just over 1.14 percent of the company’s overall shares, with a $6.65 million market value. The same data shows that the other fund manager holds slightly less at 2.11, or about 0.70% of the stock, which is worth about $4.09 million.