In the last trading session, 5.55 million shares of the Ballard Power Systems Inc (NASDAQ:BLDP) were traded, and its beta was 1.68. Most recently the company’s share price was $1.21, and it changed around -$0.05 or -3.97% from the last close, which brings the market valuation of the company to $362.79M. BLDP currently trades at a discount to its 52-week high of $3.34, offering almost -176.03% off that amount. The share price’s 52-week low was $1.00, which indicates that the current value has risen by an impressive 17.36% since then.
Ballard Power Systems Inc stock received a consensus recommendation rating of Hold, based on a mean score of 3.38. If we narrow it down even further, the data shows that 3 out of 17 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 11 recommended BLDP as a Hold, whereas 2 deemed it a Buy, and 1 rated it as Underweight. Ballard Power Systems Inc is expected to report earnings per share of -0.11 for the current quarter.
Ballard Power Systems Inc (NASDAQ:BLDP) trade information
Instantly BLDP has showed a red trend with a performance of -3.97% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 1.3200 on recent trading dayincreased the stock’s daily price by 8.33%. The company’s shares are currently down -27.11% year-to-date, but still down -1.63% over the last five days. On the other hand, Ballard Power Systems Inc (NASDAQ:BLDP) is 12.04% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $1.27, which translates to bulls needing to increase their stock price by 4.72% from its current value. Analyst projections state that BLDP is forecast to be at a low of $1 and a high of $2.
Ballard Power Systems Inc (BLDP) estimates and forecasts
The year-over-year growth rate is expected to be 41.78%, up from the previous year.
Consensus estimates provided by 12 financial analysts predict the company will bring in an average of 19.8M in revenue for the current quarter. 11 analysts expect Ballard Power Systems Inc to make 26.24M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 16M and 14.76M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 23.76%. Forecasts for the next quarter put sales growth at 77.85%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -45.23%. Ballard Power Systems Inc earnings are expected to increase by 64.62% in 2025, but the outlook is positive 36.06% per year for the next five years.
BLDP Dividends
Ballard Power Systems Inc’s next quarterly earnings report is expected to be released in June.
LEGAL & GENERAL GROUP PLC, with 2.6146% or 7.83 million shares worth $17.68 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Invesco Exchange-Traded Fund Trust-Invesco WilderHill Clean Energy ETF and GLOBAL X FUNDS-Global X Autonomous & Electric Vehicles ETF were the top two Mutual Funds as of Mar 31, 2025 . The former held 3.0 shares worth $3.64 million, making up 1.00% of all outstanding shares. On the other hand, GLOBAL X FUNDS-Global X Autonomous & Electric Vehicles ETF held roughly 2.2 shares worth around $2.67 million, which represents about 0.73% of the total shares outstanding.
