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
According to 5 professional analysts, the 12-month price target for Ballard Power Systems stock ranges from a low of $1.10 to a high of $3.50. The average analyst price target of $2.24 forecasts a -20.57% decrease in the stock price over the next year.
Price Target: $2.24 (-20.57%)
Analyst Consensus: Sell
* Price targets were last updated on Oct 22, 2025.
Analyst Ratings
The average analyst rating for Ballard Power Systems stock 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 '25 | Aug '25 | Sep '25 | Oct '25 | Nov '25 | Dec '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 7 | 8 | 8 | 4 | 4 | 4 |
| Sell | 3 | 3 | 3 | 3 | 3 | 2 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 11 | 12 | 12 | 8 | 8 | 7 |
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 |
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
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 109.7M | 131.0M | ||||
| Avg | 98.3M | 108.8M | ||||
| Low | 88.5M | 90.2M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 57.2% | 33.3% | ||||
| Avg | 40.9% | 10.7% | ||||
| Low | 26.9% | -8.3% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -0.33 | -0.18 | |
| Avg | -0.33 | -0.25 | |
| Low | -0.33 | -0.28 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| 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.