
BLDP Stock Forecast & Price Target
BLDP Analyst Ratings
Bulls say
Ballard Power Systems Inc. is expected to benefit from robust growth in its Motive segment, bolstered by policy and legislative incentives across its key geographical markets, particularly in Poland, the United States, and the United Kingdom. The company's successful restructuring initiatives have led to a significant 27% year-over-year reduction in cash operating costs, enabling anticipation of modest positive free cash flow by the second half of 2027. Additionally, the positive momentum driven by the rail sector in HD Mobility revenues suggests a strong performance outlook, as reflected in the upward revision of revenue estimates based on a projected price-to-sales multiple.
Bears say
Ballard Power Systems Inc. faces significant financial challenges, with forecasts indicating negative earnings per share (EPS), free cash flow, and earnings before interest, taxes, depreciation, and amortization (EBITDA) for the next several years. The company experienced a backlog decline for the second consecutive quarter, resulting in a reduction of revenue estimates for FY 2025 and 2026 by 12% and 15%, alongside a concerning total order book that declined by 9% and 7% quarter-over-quarter. Additionally, the persistent operating losses and a material accumulated deficit, combined with high country risk factors, further contribute to a negative outlook for the company's stock.
This aggregate rating is based on analysts' research of Ballard Power Systems and is not a guaranteed prediction by Public.com or investment advice.
BLDP Analyst Forecast & Price Prediction
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