At the time of writing, Ballard Power Systems Inc [BLDP] stock is trading at $1.26, up 3.28%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The BLDP shares have gain 15.60% over the last week, with a monthly amount glided 5.88%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Ballard Power Systems Inc [NASDAQ: BLDP] stock has seen the most recent analyst activity on April 17, 2025, when Citigroup downgraded its rating to a Sell but kept the price target unchanged to $1 for it. Previously, HSBC Securities downgraded its rating to Hold on November 06, 2024. On August 12, 2024, downgrade downgraded it’s rating to Sell. HSBC Securities upgraded its rating to a Buy but stick to its price target of $4.50 on October 24, 2023. HSBC Securities initiated its recommendation with a Hold and recommended $4.50 as its price target on September 25, 2023. In a note dated June 27, 2023, B. Riley Securities downgraded an Neutral rating on this stock and revised its target price from $6 to $5.
For the past year, the stock price of Ballard Power Systems Inc fluctuated between $1.00 and $3.34. Currently, Wall Street analysts expect the stock to reach $1.39 within the next 12 months. Ballard Power Systems Inc [NASDAQ: BLDP] shares were valued at $1.26 at the most recent close of the market. An investor can expect a potential return of 10.32% based on the average BLDP price forecast.
Analyzing the BLDP fundamentals
According to Ballard Power Systems Inc [NASDAQ:BLDP], the company’s sales were 69.73M for trailing twelve months, which represents an -46.86% plunge. Gross Profit Margin for this corporation currently stands at -0.38% with Operating Profit Margin at -2.62%, Pretax Profit Margin comes in at -4.63%, and Net Profit Margin reading is -4.65%. To continue investigating profitability, this company’s Return on Assets is posted at -0.42, Equity is -0.4 and Total Capital is -0.26. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.04.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.2167 points at the first support level, and at 1.1733 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.3067, and for the 2nd resistance point, it is at 1.3533.
Ratios To Look Out For
It is important to note that Ballard Power Systems Inc [NASDAQ:BLDP] has a current ratio of 9.25. As well, the Quick Ratio is 8.50, while the Cash Ratio is 7.99. Considering the valuation of this stock, the price to sales ratio is 5.41, the price to book ratio is 0.56.
