Ballard Power Systems

Restructuring Impedes Momentum Yet Global Decarbonization Will Unlock Markets

AnalystHighTarget

Not Invested

Consensus Narrative from 3 Analysts

Published

08 Aug 25

Updated

08 Aug 25

AnalystHighTarget's Fair Value

CA$2.02

23.6% overvalued

08 Aug

CA$2.50

-0.4%

0.4%

Author's Valuation

CA$2.0

23.6% overvalued

AnalystHighTarget Fair Value

Narrative

Updates0

AnalystHighTarget Fair Value

CA$2.0

23.6% overvalued

Future estimation in

% p.a.

Decrease

Increase

Current revenue growth rate

22.87%

Electrical revenue growth rate

0.44%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

Decrease

Increase

Current discount rate

7.70%

Calculation

US$20.51m

Earnings '28

26.99x

PE Ratio '28

US$553.71m

Market Cap '28

US$553.71m

Market Cap '28

301.11m

No. shares '28

US$1.84

Share Price '28

US$1.84 Share Price '28

Discounted to 2025 @ 7.72% p.a.

US$1.47

Fair Value '25

US$1.47 Fair Value '25

Converted to CAD @ 1.3745 USD/CAD Exchange Rate

CA$2.02

Fair Value '25