Roth Capital Issues Optimistic Outlook for BLDP Earnings

Ballard Power Systems, Inc. (NASDAQ:BLDP) (TSE:BLD) – Equities research analysts at Roth Capital upped their Q3 2025 earnings per share estimates for Ballard Power Systems in a research note issued on Monday, August 11th. Roth Capital analyst C. Irwin now forecasts that the technology company will post earnings per share of ($0.08) for the quarter, up from their previous forecast of ($0.09). Roth Capital currently has a “Neutral” rating and a $1.80 target price on the stock. The consensus estimate for Ballard Power Systems’ current full-year earnings is ($0.54) per share. Roth Capital also issued estimates for Ballard Power Systems’ FY2025 earnings at ($0.32) EPS.

Ballard Power Systems (NASDAQ:BLDP) (TSE:BLD) last released its earnings results on Monday, August 11th. The technology company reported ($0.08) earnings per share for the quarter, beating the consensus estimate of ($0.10) by $0.02. The business had revenue of $17.98 million for the quarter, compared to the consensus estimate of $17.94 million. Ballard Power Systems had a negative return on equity of 21.52% and a negative net margin of 409.35%.

BLDP has been the topic of several other research reports. National Bank Financial upgraded Ballard Power Systems to a “hold” rating in a research report on Sunday, June 8th. Wall Street Zen upgraded Ballard Power Systems to a “sell” rating in a research report on Thursday, May 8th. Citigroup reaffirmed a “sell” rating and issued a $1.00 price target (down previously from $1.50) on shares of Ballard Power Systems in a report on Thursday, April 17th. BMO Capital Markets increased their price target on Ballard Power Systems from $1.00 to $1.10 and gave the company an “underperform” rating in a report on Tuesday. Finally, Susquehanna increased their price target on Ballard Power Systems from $1.30 to $2.00 and gave the company a “neutral” rating in a report on Monday, July 21st. Five analysts have rated the stock with a sell rating and eleven have issued a hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $1.51.

Ballard Power Systems Stock Performance

NASDAQ BLDP opened at $1.83 on Thursday. The company has a market cap of $548.76 million, a PE ratio of -1.85 and a beta of 1.76. The stock’s 50 day simple moving average is $1.76 and its 200-day simple moving average is $1.45. Ballard Power Systems has a 1-year low of $1.00 and a 1-year high of $2.28. The company has a debt-to-equity ratio of 0.03, a current ratio of 9.31 and a quick ratio of 8.13.

Institutional Investors Weigh In On Ballard Power Systems

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Raymond James Financial Inc. acquired a new stake in Ballard Power Systems during the fourth quarter worth $27,000. SBI Securities Co. Ltd. increased its stake in Ballard Power Systems by 125.2% during the second quarter. SBI Securities Co. Ltd. now owns 23,553 shares of the technology company’s stock worth $37,000 after acquiring an additional 13,094 shares during the last quarter. Vanguard Personalized Indexing Management LLC increased its stake in Ballard Power Systems by 21.9% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 30,459 shares of the technology company’s stock worth $48,000 after acquiring an additional 5,482 shares during the last quarter. Edmond DE Rothschild Holding S.A. acquired a new stake in Ballard Power Systems during the first quarter worth $40,000. Finally, Daiwa Securities Group Inc. increased its stake in Ballard Power Systems by 108.8% during the second quarter. Daiwa Securities Group Inc. now owns 36,792 shares of the technology company’s stock worth $58,000 after acquiring an additional 19,170 shares during the last quarter. Institutional investors and hedge funds own 28.02% of the company’s stock.

About Ballard Power Systems

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.