

Audited annual filings, TTM ratios and consensus forward estimates
Wall Street price targets and rating actions
Revenue disaggregation per 10-K filing
Annual filings (FY) with consensus forward estimates (hatched)
1255 daily bars · split adjusted
Current price $1.47
Latest analyst grade actions
| Date | Firm | Action | Previous | New grade |
|---|---|---|---|---|
| Oct 14, 26 |
Daily · Wilder smoothing
| Susquehanna |
| maintain |
| Neutral |
| Neutral |
| Sep 30, 26 | UBS | maintain | Neutral | Neutral |
| Aug 10, 26 | Susquehanna | maintain | Neutral | Neutral |
| Jul 10, 26 | Susquehanna | maintain | Neutral | Neutral |
| May 20, 26 | Susquehanna | maintain | Neutral | Neutral |
| May 6, 26 | TD Cowen | maintain | Hold | Hold |
| May 5, 26 | Lake Street | upgrade | Hold | Buy |
| Mar 27, 26 | Wells Fargo | maintain | Underweight | Underweight |
| Oct 22, 25 | UBS | maintain | Neutral | Neutral |
Classic floor pivots from 2026-10-23
Computed from daily OHLCV bars
| Indicator | Value | Type | Action |
|---|---|---|---|
| RSI (14) | 15.28 | Oscillator | Buy |
| Stochastic %K (14, 3, 3) | 3.15 | Oscillator | Buy |
| Williams %R (14) | -96.97 | Oscillator | Buy |
| MACD (12, 26, 9) | -0.20 (Hist -0.03) | Oscillator | Strong Sell |
| Average Directional Index (14) | 46.70 (+DI 12.7 / -DI 41.7) | Trend | Strong Sell |
| EMA 20 | 1.77 | MA | Strong Sell |
| SMA 20 | 1.81 | MA | Strong Sell |
| EMA 50 | 2.11 | MA | Strong Sell |
| SMA 50 | 2.10 | MA | Strong Sell |
| SMA 200 | 2.91 | MA | Strong Sell |
Free float vs. closely held shares
13F institutional holdings are not available in the current data plan.
SEC Form 4 filings
TTM vs. 5-year historical average (annual ratios)
| Metric | BLDP | Historical (5Y) / ref | Status |
|---|---|---|---|
| P/E ratio (TTM) | -5.7x | -11.3x · sector 18.4x | Discount |
| Forward P/E (FY26E) | -8.6x | EPS est. -0.17 | Elevated |
| Price / Book | 0.8x | 1.4x | Discount |
| Price / Sales | 4.2x | 15.7x | Discount |
| EV / EBITDA | 0.6x | -8.0x | Discount |
| Return on equity | -13.2% | — | Weak |
| Gross margin | 16.4% | -10.7% | Below hist. |
| Debt / Equity | 0.04 | 0.02 | Conservative |
| Piotroski / Altman Z | 4/9 | Z -0.80 | Distress |
Discounted cash flow model
FY2022 · 10-K disclosure
FY2022 · 10-K disclosure
Stock news · updated daily
Ballard is targeting to become adj. EBITDA positive by the end of 2027 and full year 2028.
Hydrogen power units supplied critical energy to everything from concerts and festivals to major golf tournaments VANCOUVER, BC, Oct. 21, 2026 /PRNewswire/ -- This year, GeoPura, a UK-based hydrogen power provider, recently acquired by Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP), made hydrogen integral to live entertainment. Powered by Ballard fuel cells, Hydrogen Power Units (HPU) deliver reliable electricity while cutting harmful air pollution near stages, production areas and crowds, protecting the health of artists, crews and attendees and improving air quality for surrounding communities.
Ballard Announces Q3 2026 Results Conference CallPR NewswireVANCOUVER, BC, Oct. 16, 2026VANCOUVER, BC, Oct. 16, 2026 /PRNewswire/ -- Ballard Power Systems (NASD
VANCOUVER, BC, Oct. 16, 2026 /PRNewswire/ -- Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) will hold a conference call on Monday November 16th, 2026 at 8:00 a.m. Pacific Time (10:00 a.m.
Ballard Secures 4.8MW Order from Siemens Mobility to Power Hydrogen Trains in RomaniaPR NewswireVANCOUVER, BC, Oct. 6, 202624 FCrail⢠fuel cell modules will p
/PRNewswire/ -- Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced an order for 24 x FCrail 200 kW fuel cell modules from Siemens Mobility GmbH
Hydrogen stocks remain speculative. The three companies below lose money and carry higher risk than established industrial companies.
End-to-end service program combines fuel cell module performance guarantee with committed service response and resolution times, to enable transit operators to plan maintenance and fuel cell lifecycle costs. CHICAGO, Oct. 1, 2026 /PRNewswire/ -- Ballard Power Systems is launching the first-of-its-kind fuel cell lifecycle programme – Ballard Fleet360 – at APTA TRANSform & EXPO 2026 in Chicago.
Reported EPS vs. consensus estimate
| Report date | EPS est. | EPS actual | Surprise | Revenue |
|---|---|---|---|---|
| Jul 31, 2026 | -0.04 | -0.07 | Miss -75.0% | $20.34M |
| May 5, 2026 | -0.06 | -0.04 | Beat 33.3% | $18.99M |
| Mar 12, 2026 | -0.07 | -0.06 | Beat 14.3% | $33.32M |
| Nov 13, 2025 | -0.11 | -0.09 | Beat 18.2% | $32.50M |
| Aug 11, 2025 | -0.10 | -0.08 | Beat 20.0% | $17.84M |
| May 6, 2025 | -0.12 | -0.07 | Beat 41.7% | $15.39M |
SEC EDGAR filings · last 12 months
| Form | Filed | Accepted | Document |
|---|---|---|---|
| 6-K | Oct 22, 2026 | 2026-10-22 08:38:34 | View |
| 6-K | Oct 21, 2026 | 2026-10-21 08:48:41 | View |
| 6-K | Oct 20, 2026 | 2026-10-20 11:45:07 | View |
| 6-K | Oct 7, 2026 | 2026-10-07 06:44:34 | View |
| 6-K | Oct 2, 2026 | 2026-10-01 21:56:08 | View |
| 6-K | Aug 28, 2026 | 2026-08-28 09:59:40 | View |
| 6-K | Jul 31, 2026 | 2026-07-31 08:32:29 | View |
| 6-K | Jul 31, 2026 | 2026-07-31 08:02:00 | View |
| 6-K | Jul 7, 2026 | 2026-07-07 12:41:34 | View |
| 6-K | Jul 7, 2026 | 2026-07-07 12:02:28 | View |
Proxy statement (DEF 14A) disclosures