A share price of Ballard Power Systems Inc [BLDP] is currently trading at $2.04, up 5.15%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The BLDP shares have gain 9.09% over the last week, with a monthly amount glided 34.21%, 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.
Ballard Power Systems Inc experienced fluctuations in its stock price throughout the past year between $1.00 and $2.38. 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 $2.04 at the most recent close of the market. An investor can expect a potential drop of -31.86% based on the average BLDP price forecast.
Analyzing the BLDP fundamentals
Trailing Twelve Months sales for Ballard Power Systems Inc [NASDAQ:BLDP] were 70.67M which represents 6.48% growth. Gross Profit Margin for this corporation currently stands at -0.32% with Operating Profit Margin at -2.4%, Pretax Profit Margin comes in at -4.29%, and Net Profit Margin reading is -4.3%. To continue investigating profitability, this company’s Return on Assets is posted at -0.4, Equity is -0.41 and Total Capital is -0.25. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.04.
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 1.9500 points at the first support level, and at 1.8600 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.1000, and for the 2nd resistance point, it is at 2.1600.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Ballard Power Systems Inc [NASDAQ:BLDP] is 9.00. Also, the Quick Ratio is 8.13, while the Cash Ratio stands at 7.69. Considering the valuation of this stock, the price to sales ratio is 8.66, the price to book ratio is 0.94.
