What is Cormark’s Forecast for BLDP Q2 Earnings?

Ballard Power Systems Inc. (NASDAQ:BLDP) (TSE:BLD) – Investment analysts at Cormark issued their Q2 2026 earnings per share estimates for shares of Ballard Power Systems in a research report issued on Friday, March 14th. Cormark analyst M. Whale forecasts that the technology company will post earnings per share of ($0.11) for the quarter. The consensus estimate for Ballard Power Systems’ current full-year earnings is ($0.54) per share. Cormark also issued estimates for Ballard Power Systems’ FY2026 earnings at ($0.39) EPS.

Other analysts also recently issued reports about the company. CIBC reduced their target price on Ballard Power Systems from $1.40 to $1.20 and set an “underperformer” rating for the company in a research note on Wednesday, December 4th. HSBC reduced their target price on Ballard Power Systems from $1.90 to $1.40 and set a “hold” rating for the company in a research note on Friday. Roth Mkm reduced their target price on Ballard Power Systems from $1.75 to $1.25 and set a “neutral” rating for the company in a research note on Friday. Raymond James dropped their price target on shares of Ballard Power Systems from $2.50 to $2.00 and set a “market perform” rating on the stock in a research report on Friday. Finally, BMO Capital Markets dropped their price target on shares of Ballard Power Systems from $1.30 to $1.20 and set an “underperform” rating on the stock in a research report on Friday. Six investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, Ballard Power Systems presently has a consensus rating of “Hold” and an average target price of $2.31.

Ballard Power Systems Stock Performance

Shares of BLDP opened at $1.32 on Monday. The company has a debt-to-equity ratio of 0.03, a current ratio of 9.01 and a quick ratio of 8.19. The stock has a 50-day moving average of $1.43 and a 200-day moving average of $1.55. The company has a market cap of $395.26 million, a PE ratio of -1.20 and a beta of 1.75. Ballard Power Systems has a one year low of $1.08 and a one year high of $3.38.

Hedge Funds Weigh In On Ballard Power Systems

Hedge funds and other institutional investors have recently modified their holdings of the business. First Commonwealth Financial Corp PA purchased a new position in shares of Ballard Power Systems in the 3rd quarter worth approximately $27,000. Raymond James Financial Inc. purchased a new position in shares of Ballard Power Systems in the 4th quarter worth approximately $27,000. Toronto Dominion Bank boosted its stake in shares of Ballard Power Systems by 300.0% in the 3rd quarter. Toronto Dominion Bank now owns 27,933 shares of the technology company’s stock worth $50,000 after buying an additional 20,949 shares during the last quarter. Headlands Technologies LLC purchased a new position in shares of Ballard Power Systems in the 4th quarter worth approximately $52,000. Finally, Harel Insurance Investments & Financial Services Ltd. boosted its stake in shares of Ballard Power Systems by 35.9% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 40,798 shares of the technology company’s stock worth $68,000 after buying an additional 10,767 shares during the last quarter. Hedge funds and other institutional investors own 28.02% of the company’s stock.

Ballard Power Systems Company Profile

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.