Ballard Power Systems Inc. (BLDP)
NASDAQ: BLDP · Real-Time Price · USD
2.820
+0.020 (0.71%)
At close: Dec 5, 2025, 4:00 PM EST
2.790
-0.030 (-1.06%)
After-hours: Dec 5, 2025, 7:55 PM EST

Ballard Power Systems Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for Ballard Power Systems stock have an average target of 2.24, with a low estimate of 1.10 and a high estimate of 3.50. The average target predicts a decrease of -20.57% from the current stock price of 2.82.

Analyst Consensus: Sell
Target Low Average Median High
Price $1.10 $2.24 $1.80 $3.50
Change -60.99% -20.57% -36.17% +24.11%
* Price targets were last updated on Oct 22, 2025.

Analyst Ratings

The average analyst rating for Ballard Power Systems stock from 7 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.

Recommendation Trends

Rating Jul '25Aug '25Sep '25Oct '25Nov '25Dec '25
Strong Buy 000000
Buy 000000
Hold 788444
Sell 333332
Strong Sell 111111
Total 111212887

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
UBS
UBS
Hold
Maintains
$1.4$3.5
Hold Maintains $1.4$3.5 +24.11% Oct 22, 2025
Susquehanna
Susquehanna
Hold
Maintains
$2$3.3
Hold Maintains $2$3.3 +17.02% Oct 13, 2025
Wells Fargo
Wells Fargo
Sell
Maintains
$1$1.5
Sell Maintains $1$1.5 -46.81% Aug 13, 2025
Roth Capital
Roth Capital
Hold
Maintains
$1.25$1.8
Hold Maintains $1.25$1.8 -36.17% Aug 12, 2025
BMO Capital
BMO Capital
Sell
Maintains
$1$1.1
Sell Maintains $1$1.1 -60.99% Aug 12, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
98.27M
from 69.73M
Increased by 40.93%
Revenue Next Year
108.79M
from 98.27M
Increased by 10.71%
EPS This Year
-0.33
from -1.08
EPS Next Year
-0.25
from -0.33
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
103.88M104.51M81.86M102.37M69.73M98.27M108.79M
Revenue Growth
-1.75%0.61%-21.67%25.05%-31.88%40.93%10.71%
EPS
-0.21-0.39-0.58-0.60-1.08-0.33-0.25
EPS Growth
-------
Forward PE
-------
No. Analysts -----1414
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027202820292030
High 109.7M 131.0M
Avg 98.3M 108.8M
Low 88.5M 90.2M

Revenue Growth

Revenue Growth 202520262027202820292030
High
57.2%
33.3%
Avg
40.9%
10.7%
Low
26.9%
-8.3%

EPS Forecast

EPS 202520262027
High -0.33 -0.18
Avg -0.33 -0.25
Low -0.33 -0.28

EPS Growth

EPS Growth 202520262027
High - -
Avg - -
Low - -
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.