BLDP logo

BALLARD POWER SYSTEMS INC

BLDPNASDAQ
πŸ† #2724 by market capEarnings Nov 11 Β· PreUS Equity
$2.04β–Ό $0.06 (βˆ’2.86%)
Market closed Β· at close
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24hβ–Ό 2.9%
7dβ–Ό 4.4%
14dβ–Ό 6.2%
30dβ–Ό 9.3%
ytdβ–Ό 19.7%
1yβ–Ό 31.0%
🏦Market Cap
$615M
Small Cap
πŸ“ˆRevenue Growth (YoY)
+45.0%
High Growth
πŸ“ŠGross Margin
16.4%
Thin
πŸ’΅FCF Margin
-35.1%
Thin
βš–οΈP/S Ratio
5.8x
Fair
Otter Score
80
Good

Trading Snapshot

Day Range
$2.02 – $2.08
52-Week Range
$1.92 – $6.57
Volume
$3.84B
Avg Volume
$2.68B
Shares Outstanding
301.5M
Next Earnings
Oct 24, 2026

Fundamentals Snapshot

Annual Revenue
$101M
Last Q Revenue
$20M
P/E Ratio
-8.0
P/S Ratio
5.8x
EPS (TTM)
$-0.25
Dividend Yield
0.00%
Dilution (1yr)
βˆ’2.6%

Why Investors Own BLDP

  • βœ“High-growth profile β€” revenue up +25.5% YoY with expanding US Equity exposure.
  • βœ“Healthy economics β€” 73% gross margin and 29% free-cash-flow margin.
  • βœ“New products and segments could unlock additional revenue streams.
⚠️ Key Risks

Execution delays, intensifying competition, and valuation compression if growth decelerates.

BLDP logo

BALLARD POWER SYSTEMS INC

BLDP
Financial Trends
RevenueThe total money the company brought in from sales, before subtracting any costs.
$101Mβ–² +45.0% YoY
Gross MarginOf every $1 of sales, how much is left after the direct cost of making the product/service. Higher = more efficient.
2.4%β–Ό βˆ’107.5% YoY
Operating IncomeProfit from the core business after operating costs, but before interest and taxes. Negative means the core business isn’t profitable yet.
βˆ’$82Mβ–Ό βˆ’55.5% YoY
Free Cash FlowCash left over after running the business and paying for equipment/capex. Negative means the company is burning cash.
βˆ’$67Mβ–Ό βˆ’50.5% YoY
Shares OutstandingHow many shares exist. Rising means the company is issuing more shares, which dilutes (shrinks) each existing owner’s slice.
291.5Mβ–Ό βˆ’2.6% YoY
Net CashCash minus total debt. Positive = more cash than debt (financially strong); negative = more debt than cash (net debt).
$504Mβ–Ό βˆ’$76M YoY
StockOtter Β· stockotter.space

About BALLARD POWER SYSTEMS INC

Ballard Power Systems Inc. specializes in the full lifecycle of proton exchange membrane (PEM) fuel cell technology, encompassing research, production, sales, and ongoing support. Their fuel cell offerings cater to various power applications, including heavy-duty transportation sectors like buses, trucks, trains, and marine vessels, as well as solutions for material handling equipment and critical backup power systems. Beyond products, Ballard extends its expertise through technology solutions, providing engineering services, technology transfer, and licensing its extensive intellectual property and core knowledge for diverse PEM fuel cell uses. They also deliver integrated hydrogen fuel cell powertrain and vehicle systems. The company maintains a broad international presence, with operations spanning numerous countries including China, Germany, the United States, the United Kingdom, Canada, Denmark, Norway, Belgium, Japan, France, Spain, Taiwan, Poland, India, Ukraine, and Sweden. A significant strategic partnership exists with Linamar Corporation, focused on jointly developing and marketing fuel cell powertrains and components designed for Class 1 and 2 vehicles across North America and Europe. Established in 1979, Ballard Power Systems Inc. is headquartered in Burnaby, Canada.

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Otter Score Breakdown

How it's scoredFive components, each rated 1–5β˜… and equally weighted (20%), averaged to a 0–100 score:πŸ’Ž Quality β€” gross marginπŸš€ Growth β€” revenue YoYβš–οΈ Valuation β€” P/S ratio⚑ Momentum β€” 30-day price changeπŸ’§ Dilution β€” 1-yr share issuance (buybacks score higher)
πŸ’ŽQualityβ˜…β˜…β˜…β˜…β˜…
πŸš€Growthβ˜…β˜…β˜…β˜…β˜…
βš–οΈValuationβ˜…β˜…β˜…β˜…β˜…
⚑Momentumβ˜…β˜…β˜…β˜…β˜…
πŸ’§Dilutionβ˜…β˜…β˜…β˜…β˜…
Overall Score
Good
80/100

Analyst Ratings

β“˜
Consensus
Sell
9 analysts
Strong Buy0
Buy0
Hold3
Sell4
Strong Sell2
Ratings as of Sep 2026

Latest News & Updates

Defense WorldΒ·3d ago

LeGrand (OTCMKTS:LGRDY) & Ballard Power Systems (NASDAQ:BLDP) Financial Survey

Ballard Power Systems (NASDAQ: BLDP - Get Free Report) and LeGrand (OTCMKTS:LGRDY - Get Free Report) are both industrials companies, but which is the better stock? We will contrast the two businesses based on the strengt

Zacks Investment ResearchΒ·8d ago

BE vs. BLDP: Which Clean Energy Stock Has Stronger Growth Potential?

Bloom Energy's stronger earnings growth, profitability and six-month share gains bolster its clean-energy investment case compared with Ballard Power Systems.

PRNewsWireΒ·Aug 29

Ballard finalise l'acquisition de GeoPura et devient ainsi un fournisseur intégré de solutions énergétiques à l'hydrogène

/PRNewswire/ -- Ballard Power Systems Inc. (NASDAQ: BLDP) (TSX: BLDP) (« Ballard »), leader mondial de la technologie des piles à combustible à hydrogène, a

PRNewsWireΒ·Aug 28

Ballard closes acquisition of GeoPura, becoming an integrated hydrogen energy solutions provider

The combined business brings together Ballard's proven fuel cell technology and global scale with GeoPura's Hydrogen Power Units, fuel supply capabilities and Energy-as-a-Service businessΒ model. VANCOUVER, BC and NEWCAST

Defense WorldΒ·Aug 20

Ballard Power Systems, Inc. (NASDAQ:BLDP) Short Interest Update

Ballard Power Systems, Inc. (NASDAQ: BLDP - Get Free Report) (TSE: BLD) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 16,558,574 shares, a drop of 35.7% from

Defense WorldΒ·Aug 13

Dimensional Fund Advisors LP Has $4.43 Million Position in Ballard Power Systems, Inc. $BLDP

Dimensional Fund Advisors LP boosted its holdings in Ballard Power Systems, Inc. (NASDAQ: BLDP) (TSE: BLD) by 18.3% in the undefined quarter, according to the company in its most recent filing with the Securities and Exc