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Ballard Power Systems TSX:BLDP Stock Report

Last Price

CA$3.37

Market Cap

CA$1.0b

7D

-9.2%

1Y

-43.1%

Updated

25 Apr, 2024

Data

Company Financials +

Ballard Power Systems Inc.

TSX:BLDP Stock Report

Market Cap: CA$1.0b

BLDP Stock Overview

Ballard Power Systems Inc. engages in the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cell products.

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

Ballard Power Systems Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ballard Power Systems
Historical stock prices
Current Share PriceCA$3.37
52 Week HighCA$7.57
52 Week LowCA$3.33
Beta1.63
1 Month Change-6.91%
3 Month Change-23.76%
1 Year Change-43.07%
3 Year Change-87.59%
5 Year Change-26.26%
Change since IPO102.20%

Recent News & Updates

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)

Recent updates

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-9.2%-1.6%0.7%
1Y-43.1%-10.4%4.9%

Return vs Industry: BLDP underperformed the Canadian Electrical industry which returned -10.4% over the past year.

Return vs Market: BLDP underperformed the Canadian Market which returned 4.9% over the past year.

Price Volatility

Is BLDP's price volatile compared to industry and market?
BLDP volatility
BLDP Average Weekly Movement8.8%
Electrical Industry Average Movement10.9%
Market Average Movement9.0%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market3.0%

Stable Share Price: BLDP's share price has been volatile over the past 3 months.

Volatility Over Time: BLDP's weekly volatility (9%) 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$1.01b
Earnings (TTM)-CA$197.03m
Revenue (TTM)CA$139.86m

7.2x

P/S Ratio

-5.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BLDP income statement (TTM)
RevenueUS$102.37m
Cost of RevenueUS$124.20m
Gross Profit-US$21.83m
Other ExpensesUS$122.38m
Earnings-US$144.21m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 07, 2024

Earnings per share (EPS)-0.48
Gross Margin-21.33%
Net Profit Margin-140.87%
Debt/Equity Ratio0%

How did BLDP perform over the long term?

See historical performance and comparison
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