Ballard Power Systems Inc.

TSX:BLDP Stock Report

Market Cap: CA$1.3b

Ballard Power Systems Management

Management criteria checks 2/4

Ballard Power Systems' CEO is Marty Neese, appointed in Jul 2025, has a tenure of less than a year. directly owns 0.004% of the company’s shares, worth CA$49.25K. The average tenure of the management team and the board of directors is 1.3 years and 4.7 years respectively.

Key information

Marty Neese

Chief executive officer

US$125.2k

Total compensation

CEO salary percentagen/a
CEO tenureless than a year
CEO ownership0.004%
Management average tenure1.3yrs
Board average tenure4.7yrs

Recent management updates

Recent updates

Little Excitement Around Ballard Power Systems Inc.'s (TSE:BLDP) Revenues As Shares Take 28% Pounding

Feb 06
Little Excitement Around Ballard Power Systems Inc.'s (TSE:BLDP) Revenues As Shares Take 28% Pounding

Little Excitement Around Ballard Power Systems Inc.'s (TSE:BLDP) Revenues As Shares Take 25% Pounding

Dec 04
Little Excitement Around Ballard Power Systems Inc.'s (TSE:BLDP) Revenues As Shares Take 25% Pounding

Ballard Power Systems Inc. (TSE:BLDP) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected

Sep 18
Ballard Power Systems Inc. (TSE:BLDP) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected

Ballard Power Systems Inc.'s (TSE:BLDP) Price Is Right But Growth Is Lacking After Shares Rocket 25%

Jul 02
Ballard Power Systems Inc.'s (TSE:BLDP) Price Is Right But Growth Is Lacking After Shares Rocket 25%

Improved Revenues Required Before Ballard Power Systems Inc. (TSE:BLDP) Stock's 25% Jump Looks Justified

May 18
Improved Revenues Required Before Ballard Power Systems Inc. (TSE:BLDP) Stock's 25% Jump Looks Justified

Analyst Estimates: Here's What Brokers Think Of Ballard Power Systems Inc. (TSE:BLDP) After Its First-Quarter Report

May 09
Analyst Estimates: Here's What Brokers Think Of Ballard Power Systems Inc. (TSE:BLDP) After Its First-Quarter Report
User avatar

Record Orders And Cost Cuts Will Strengthen Bus And Rail

Strategic focus on stable markets and restructuring initiatives are poised to enhance margins and improve financial stability over time.

Ballard Power Systems Inc. (TSE:BLDP) Just Reported And Analysts Have Been Cutting Their Estimates

Mar 17
Ballard Power Systems Inc. (TSE:BLDP) Just Reported And Analysts Have Been Cutting Their Estimates

It's Down 28% But Ballard Power Systems Inc. (TSE:BLDP) Could Be Riskier Than It Looks

Feb 02
It's Down 28% But Ballard Power Systems Inc. (TSE:BLDP) Could Be Riskier Than It Looks

We're Not Very Worried About Ballard Power Systems' (TSE:BLDP) Cash Burn Rate

Jan 14
We're Not Very Worried About Ballard Power Systems' (TSE:BLDP) Cash Burn Rate

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

CEO

Marty Neese (63 yo)

less than a year
Tenure
US$125,201
Compensation

Mr. Marty T. Neese is President, Chief Executive Officer & Director of Ballard Power Systems Europe A/S. Marty Neese has served as CEO since July 2025 and as a member of the Ballard board of directors sinc...


Leadership Team

NamePositionTenureCompensationOwnership
Marty Neese
CEO, President & Independent Directorless than a yearUS$125.20k0.0038%
CA$ 49.3k
Kate Igbalode
Senior VP & CFO1.6yrsUS$565.85kno data
Ralph Robinett
Senior VP & COOno datano data0.0048%
CA$ 62.0k
Kate Charlton
VP Corporate Finance & Investor Relationsno datano datano data
Kevin Colbow
Senior VP & CTO10.2yrsUS$521.59k0.030%
CA$ 396.5k
Kerry Hillier
General Counsel & Corporate Secretaryno datano data0.00073%
CA$ 9.5k
Oben Uluc
Vice President of Sales & Marketing1.3yrsno data0.011%
CA$ 149.1k
Nicolas Pocard
Vice President of Marketing & Strategic Partnershipsno datano datano data
Sarbjot Sidhu
Senior VP & Chief Experience Officerless than a yearUS$417.75k0.018%
CA$ 229.7k
Jesper Themsen
President & CEO of Europe5.1yrsUS$544.63kno data
Jay Murray
Acting Chief Financial Officer and Corporate Controllerno datano data0.0040%
CA$ 51.7k
Sumit Kundu
Director of Information Systems & Investor Relationsno datano datano data
1.3yrs
Average Tenure

Experienced Management: BLDP's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Marty Neese
CEO, President & Independent Director10.3yrsUS$125.20k0.0038%
CA$ 49.3k
Kathleen Bayless
Independent Director4.3yrsUS$128.76k0.00033%
CA$ 4.3k
Jacqueline Dedo
Independent Director2.1yrsUS$86.08k0%
CA$ 0
Hubertus Muehlhaeuser
Independent Director4.7yrsUS$134.94kno data
James Roche
Independent Non-Executive Chairman of the Board11.3yrsUS$153.02k0.017%
CA$ 216.6k
Douglas Hayhurst
Independent Director14.3yrsUS$119.11k0.0017%
CA$ 21.6k
Janet Woodruff
Independent Director9yrsUS$125.20kno data
Wenmiao Chen
Director2.3yrsno datano data
Huajie Wang
Directorless than a yearno datano data
4.7yrs
Average Tenure
63yo
Average Age

Experienced Board: BLDP's board of directors are considered experienced (4.7 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/21 21:31
End of Day Share Price 2026/04/21 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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.

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 Github.

Analyst Sources

Ballard Power Systems Inc. is covered by 29 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
MacMurray WhaleATB Cormark
NEIL BEVERIDGEBernstein
Ameet ThakkarBMO Capital Markets Equity Research