TSX:BLDPElectrical
Why Ballard Power Systems (TSX:BLDP) Is Up 14.8% After New Fuel-Cell Deals And Margin Turnaround
Earlier in May 2026, Ballard Power Systems reported 26% year-over-year revenue growth, a move to positive gross margin in Q1, and reduced cash burn, while also announcing the resignation of Weichai Power’s two board nominees and Weichai’s reduction of its shareholding to 10.32% through secondary market sales above US$4 per share.
At the same time, new multi-year fuel-cell supply agreements with Solaris and Wrightbus, alongside analyst upgrades, highlighted growing confidence in Ballard’s...

