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Ballard Power Systems TSX:BLDP Stock Report

Last Price

CA$2.16

Market Cap

CA$658.7m

7D

-5.7%

1Y

-55.4%

Updated

19 Dec, 2024

Data

Company Financials +

Ballard Power Systems Inc.

TSX:BLDP Stock Report

Market Cap: CA$658.7m

BLDP Stock Overview

Engages in the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cell products. More details

BLDP fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance0/6
Financial Health6/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Ballard Power Systems Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Ballard Power Systems
Historical stock prices
Current Share PriceCA$2.16
52 Week HighCA$5.06
52 Week LowCA$1.74
Beta1.64
1 Month Change16.13%
3 Month Change-5.26%
1 Year Change-55.37%
3 Year Change-86.71%
5 Year Change-76.77%
Change since IPO29.60%

Recent News & Updates

Ballard Power Systems Inc. (TSE:BLDP) Looks Just Right With A 28% Price Jump

Dec 10
Ballard Power Systems Inc. (TSE:BLDP) Looks Just Right With A 28% Price Jump

We're Hopeful That Ballard Power Systems (TSE:BLDP) Will Use Its Cash Wisely

Sep 09
We're Hopeful That Ballard Power Systems (TSE:BLDP) Will Use Its Cash Wisely

Shareholders Should Be Pleased With Ballard Power Systems Inc.'s (TSE:BLDP) Price

Aug 09
Shareholders Should Be Pleased With Ballard Power Systems Inc.'s (TSE:BLDP) Price

Recent updates

Ballard Power Systems Inc. (TSE:BLDP) Looks Just Right With A 28% Price Jump

Dec 10
Ballard Power Systems Inc. (TSE:BLDP) Looks Just Right With A 28% Price Jump

We're Hopeful That Ballard Power Systems (TSE:BLDP) Will Use Its Cash Wisely

Sep 09
We're Hopeful That Ballard Power Systems (TSE:BLDP) Will Use Its Cash Wisely

Shareholders Should Be Pleased With Ballard Power Systems Inc.'s (TSE:BLDP) Price

Aug 09
Shareholders Should Be Pleased With Ballard Power Systems Inc.'s (TSE:BLDP) Price

Risks To Shareholder Returns Are Elevated At These Prices For Ballard Power Systems Inc. (TSE:BLDP)

Apr 16
Risks To Shareholder Returns Are Elevated At These Prices For Ballard Power Systems Inc. (TSE:BLDP)

Ballard Power Systems (TSE:BLDP) Is In A Good Position To Deliver On Growth Plans

Mar 01
Ballard Power Systems (TSE:BLDP) Is In A Good Position To Deliver On Growth Plans

Ballard Power Systems (TSE:BLDP) Is In A Good Position To Deliver On Growth Plans

Nov 14
Ballard Power Systems (TSE:BLDP) Is In A Good Position To Deliver On Growth Plans

Ballard Power Systems (TSE:BLDP) Is In A Good Position To Deliver On Growth Plans

Aug 12
Ballard Power Systems (TSE:BLDP) Is In A Good Position To Deliver On Growth Plans

Time To Worry? Analysts Just Downgraded Their Ballard Power Systems Inc. (TSE:BLDP) Outlook

Mar 22
Time To Worry? Analysts Just Downgraded Their Ballard Power Systems Inc. (TSE:BLDP) Outlook

We're Hopeful That Ballard Power Systems (TSE:BLDP) Will Use Its Cash Wisely

Dec 21
We're Hopeful That Ballard Power Systems (TSE:BLDP) Will Use Its Cash Wisely

Some Analysts Just Cut Their Ballard Power Systems Inc. (TSE:BLDP) Estimates

Nov 16
Some Analysts Just Cut Their Ballard Power Systems Inc. (TSE:BLDP) Estimates

Here's Why We're Not Too Worried About Ballard Power Systems' (TSE:BLDP) Cash Burn Situation

Sep 20
Here's Why We're Not Too Worried About Ballard Power Systems' (TSE:BLDP) Cash Burn Situation

News Flash: 21 Analysts Think Ballard Power Systems Inc. (TSE:BLDP) Earnings Are Under Threat

Aug 16
News Flash: 21 Analysts Think Ballard Power Systems Inc. (TSE:BLDP) Earnings Are Under Threat

Companies Like Ballard Power Systems (TSE:BLDP) Are In A Position To Invest In Growth

May 22
Companies Like Ballard Power Systems (TSE:BLDP) Are In A Position To Invest In Growth

Companies Like Ballard Power Systems (TSE:BLDP) Are In A Position To Invest In Growth

Feb 12
Companies Like Ballard Power Systems (TSE:BLDP) Are In A Position To Invest In Growth

Companies Like Ballard Power Systems (TSE:BLDP) Are In A Position To Invest In Growth

Oct 26
Companies Like Ballard Power Systems (TSE:BLDP) Are In A Position To Invest In Growth

We Think Ballard Power Systems (TSE:BLDP) Can Afford To Drive Business Growth

Jul 13
We Think Ballard Power Systems (TSE:BLDP) Can Afford To Drive Business Growth

Who Has Been Selling Ballard Power Systems Inc. (TSE:BLDP) Shares?

Feb 15
Who Has Been Selling Ballard Power Systems Inc. (TSE:BLDP) Shares?

What Kind Of Investors Own Most Of Ballard Power Systems Inc. (TSE:BLDP)?

Jan 11
What Kind Of Investors Own Most Of Ballard Power Systems Inc. (TSE:BLDP)?

Here's Why We're Not Too Worried About Ballard Power Systems' (TSE:BLDP) Cash Burn Situation

Dec 07
Here's Why We're Not Too Worried About Ballard Power Systems' (TSE:BLDP) Cash Burn Situation

Shareholder Returns

BLDPCA ElectricalCA Market
7D-5.7%-5.5%-3.7%
1Y-55.4%-26.4%15.0%

Return vs Industry: BLDP underperformed the Canadian Electrical industry which returned -26.4% over the past year.

Return vs Market: BLDP underperformed the Canadian Market which returned 15% over the past year.

Price Volatility

Is BLDP's price volatile compared to industry and market?
BLDP volatility
BLDP Average Weekly Movement9.9%
Electrical Industry Average Movement11.2%
Market Average Movement8.2%
10% most volatile stocks in CA Market17.6%
10% least volatile stocks in CA Market2.9%

Stable Share Price: BLDP has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: BLDP's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19791,173Randy MacEwenwww.ballard.com

Ballard Power Systems Inc. engages in the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cell products. The company offers its products for power product comprising for bus, truck, rail, marine, stationary, and emerging market, such as material handling, off-road, and other applications. It also engages in the delivery of services, including technology solutions, after sales services, and training; and provision of engineering services, product and systems integration services, and related technology transfer for a variety of PEM fuel cell applications.

Ballard Power Systems Inc. Fundamentals Summary

How do Ballard Power Systems's earnings and revenue compare to its market cap?
BLDP fundamental statistics
Market capCA$658.73m
Earnings (TTM)-CA$469.10m
Revenue (TTM)CA$132.35m

4.9x

P/S Ratio

-1.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BLDP income statement (TTM)
RevenueUS$91.96m
Cost of RevenueUS$120.88m
Gross Profit-US$28.92m
Other ExpensesUS$297.03m
Earnings-US$325.95m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-1.09
Gross Margin-31.45%
Net Profit Margin-354.44%
Debt/Equity Ratio0%

How did BLDP perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 05:16
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Ballard Power Systems Inc. is covered by 44 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ameet ThakkarBMO Capital Markets Equity Research
Walter Brooks IdletCFRA Equity Research
Hamir PatelCIBC Capital Markets