Overvaluation And Policy Tailwinds Will Reshape Hydrogen Mobility

Published
28 Mar 25
Updated
15 Aug 25
AnalystConsensusTarget's Fair Value
CA$1.62
70.0% overvalued intrinsic discount
15 Aug
CA$2.76
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1Y
8.2%
7D
10.4%

Author's Valuation

CA$1.6

70.0% overvalued intrinsic discount

AnalystConsensusTarget Fair Value

Shared on15 Aug 25

Despite ongoing restructuring under new leadership and a strong cash position to weather hydrogen market headwinds, continued uncertainty and execution risks have prompted analysts to maintain a cautious outlook, leaving Ballard Power Systems’ consensus price target unchanged at CA$1.62. Analyst Commentary Ballard Power is undertaking a restructuring under new leadership with the goal to achieve profitability and be cash flow positive by the end of 2027.

Shared on24 Apr 25
Fair value Decreased 6.15%

Shared on17 Apr 25
Fair value Increased 2.98%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on09 Apr 25
Fair value Increased 14%

AnalystConsensusTarget has increased future PE multiple from 21.4x to 25.5x and decreased shares outstanding growth rate from 0.0% to 0.0%.

Shared on02 Apr 25