TSX:BLDPElectrical
Ballard Power Systems (TSX:BLDP) Is Up 14.6% After New Flyer Deal And Narrower Losses - Has The Bull Case Changed?
Ballard Power Systems recently reported 2025 results showing a net loss of US$90.91 million, significantly smaller than the US$324.25 million loss in 2024, alongside an agreement to supply 500 FCmove-HD+ fuel cell engines to New Flyer starting in 2026.
This combination of a large multi-year commercial order in hydrogen-powered buses and reduced annual losses highlights Ballard’s growing commercial traction while still operating at a loss.
We’ll now explore how the New Flyer order and...