Ballard Power Systems

Global Decarbonization Will Accelerate Hydrogen Adoption Despite Headwinds

AnalystHighTarget

Not Invested

Consensus Narrative from 3 Analysts

Published

10 Aug 25

Updated

16 Aug 25

AnalystHighTarget's Fair Value

CA$2.00

34.7% overvalued

16 Aug

CA$2.69

7.2%

13.0%

Author's Valuation

CA$2.0

34.7% overvalued

AnalystHighTarget Fair Value

Narrative

Updates0

AnalystHighTarget Fair Value

CA$2.0

34.7% overvalued

Future estimation in

% p.a.

Decrease

Increase

Current revenue growth rate

21.30%

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

7.72%

Calculation

US$19.22m

Earnings '28

28.57x

PE Ratio '28

US$549.13m

Market Cap '28

US$549.13m

Market Cap '28

304.11m

No. shares '28

US$1.81

Share Price '28

US$1.81 Share Price '28

Discounted to 2025 @ 7.71% p.a.

US$1.45

Fair Value '25

US$1.45 Fair Value '25

Converted to CAD @ 1.3814 USD/CAD Exchange Rate

CA$2.00

Fair Value '25