Q2 Earnings Forecast for BLDP Issued By Cormark

Ballard Power Systems Inc. (NASDAQ:BLDP) (TSE:BLD) – Stock analysts at Cormark issued their Q2 2026 earnings per share estimates for shares of Ballard Power Systems in a research report issued to clients and investors 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.

Several other equities research analysts have also recently weighed in on the company. National Bankshares decreased their target price on Ballard Power Systems from $2.60 to $2.00 and set a “sector perform” rating for the company in a research note on Friday, March 14th. Raymond James decreased their target price on Ballard Power Systems from $2.50 to $2.00 and set a “market perform” rating for the company in a research note on Friday, March 14th. Citigroup decreased their target price on Ballard Power Systems from $2.00 to $1.50 and set a “neutral” rating for the company in a research note on Tuesday. CIBC reduced their price objective 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. Finally, UBS Group set a $1.25 price objective on Ballard Power Systems in a research note on Friday. Six research analysts have rated the stock with a sell rating, ten have given a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, Ballard Power Systems currently has a consensus rating of “Hold” and a consensus target price of $2.13.

Ballard Power Systems Stock Performance

Shares of BLDP opened at $1.34 on Monday. The stock has a 50-day simple moving average of $1.41 and a 200-day simple moving average of $1.54. The company has a debt-to-equity ratio of 0.03, a quick ratio of 8.19 and a current ratio of 9.01. The stock has a market capitalization of $401.25 million, a PE ratio of -1.22 and a beta of 1.75. Ballard Power Systems has a 1 year low of $1.08 and a 1 year high of $3.38.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. First Commonwealth Financial Corp PA acquired a new position in Ballard Power Systems during the third quarter worth $27,000. Raymond James Financial Inc. purchased a new stake in Ballard Power Systems during the fourth quarter worth $27,000. Toronto Dominion Bank boosted its position in Ballard Power Systems by 300.0% during the third quarter. Toronto Dominion Bank now owns 27,933 shares of the technology company’s stock worth $50,000 after purchasing an additional 20,949 shares in the last quarter. Headlands Technologies LLC purchased a new stake in Ballard Power Systems during the fourth quarter worth $52,000. Finally, Harel Insurance Investments & Financial Services Ltd. boosted its position in Ballard Power Systems by 35.9% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 40,798 shares of the technology company’s stock worth $68,000 after purchasing an additional 10,767 shares in 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.