Ballard Power Systems

Ballard Power Systems, Inc. engages in the design, development, manufacture, sale, and service of fuel cell products for a variety of applications. It focuses on power product markets of heavy duty motive, portable power, material handling, and backup power, as well as the delivery of technology solutions. The company was founded in 1979 and is headquartered in Burnaby, Canada.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Ballard Power Systems, Inc. engages in the design, development, manufacture, sale, and service of fuel cell products. It focuses on power products for bus, truck, rail, marine, stationery, and emerging markets applications, as well as the delivery of services, including technology solutions, after sales services, and training. The company was founded in 1979 and is headquartered in Burnaby, Canada.

VANCOUVER, BC and AHMEDABAD, India, Feb. 22, 2022 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) announced today it has signed a non-binding Memorandum of Understanding ("MOU") with the Adani Group ("Adani Group"; NSE: ADANIENT) to evaluate a joint investment case for the commercialization of fuel cells in various mobility and industrial applications in India. Under the MOU, both parties will examine various options to cooperate, including potential collaboration for fuel cell manufacturing in India.

Ballard announces MOU with Adani for hydrogen fuel cells in India

VANCOUVER, BC, Feb. 15, 2022 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) will hold a conference call on Monday, March 14 th, 2022 at 8:00 a.m. Pacific Time (11:00 a.m.

Ballard Announces Q4 and Full Year 2021 Results Conference Call

BMO Capital analyst Jonathan Lamers downgraded Ballard Power Systems Inc BLDP to Market Perform from Outperform and lowered the price target to $10 (an upside of 6%), from $23. Lamers's analysis indicates the company's revenue growth will underperform fuel cell sector leaders through 2022.

BMO Capital Downgrades Ballard Power Systems, Cuts Price Target By More Than Half

VANCOUVER and HOBRO, Denmark, Feb. 2, 2022 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) has delivered two, 200 kilowatt (kW) FCwaveTM modules to Norled A/S (www.norled.no), one of Norway's largest ferry and express boat operators. The fuel cell modules will power the world's first liquid hydrogen-powered ferry, the MF Hydra, later this year.

Ballard Announces Delivery of Two Class Approved FCwave™ Modules to Norled A/S

Chart Industries

VANCOUVER, BC and ATLANTA, Feb. 1, 2022 /PRNewswire/ - Leveraging more than 90 years of combined hydrogen experience and collaborating under the heavy-duty hydrogen fuel system joint development MOU announced February 10, 2021, Ballard Power Systems ("Ballard") (NASDAQ: BLDP) (TSX: BLDP) and Chart Industries, Inc. ("Chart") (NYSE: GTLS) have successfully tested a fuel cell powered by liquid hydrogen. For the test, a Ballard FCmove™-HD fuel cell was paired with a Chart liquid onboard hydrogen ("HLH2") vehicle fuel system (functionally identical to the one displayed at ACT Expo on September 1, 2021); this testing was conducted at Chart's hydrogen test facility in Minnesota, USA.

Ballard and Chart Successfully Test a Fuel Cell Powered by Liquid Hydrogen

Bloom Energy

Plug Power

FuelCell Energy

Investors see an opportunity after the recent sell-off in fuel cell stocks.

Why Plug Power, Bloom Energy, and Other Fuel Cell Stocks Jumped Today

Generac Holdings

Truist analyst Tristan Richardson lowered the price targets for three Alternative Energy companies. Richardson noted a broad rotation out of growth equities has disproportionately impacted the sector's performance.

Truist Cuts Price Target For Three Alternative Energy Companies

Canadian Pacific Kansas City Limited

VANCOUVER, BC, Jan. 19, 2022 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) announced today it received an order for eight additional 200 kW fuel cell modules to support the expansion of Canadian Pacific's "CP"; (TSX: CP) (NYSE: CP) Hydrogen Locomotive Program from one to three locomotives, with expected delivery in 2022. Inclusive of Ballard's announcement in March 2021, the company will provide a total of 14 fuel cell modules, each module with a rated power output of 200 kW, to support this program.

Ballard Fuel Cells to Power Expansion of Canadian Pacific Hydrogen Locomotive Program

Ballard Power Systems Inc (NASDAQ: BLDP) received orders for 31 modules, totaling 3 MW of hydrogen fuel cell power, from a global construction, electric power, and off-road equipment manufacturer. Financial terms were not disclosed.

Ballard Secures Orders For 31 Fuel Cell Engines

VANCOUVER, BC, Jan. 13, 2022 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) is pleased to announce orders for 31 modules, totaling 3 MW of hydrogen fuel cell power, to a leading global construction, electric power, and off-road equipment manufacturer for testing and deployment in a variety of end-use applications. The modules are expected to be delivered in 2022 and 2023 to match planned integration, testing, and deployment schedules.

Ballard announces orders for 31 fuel cell engines to a leading global construction, electric power & off-road equipment manufacturer

These hydrogen stocks are expected to produce outsized gains for shareholders as the market for fuel cells grows and matures. The post The 3 Best Hydrogen Stocks to Bet on for the Alt-Fuel Future appeared first on InvestorPlace.

The 3 Best Hydrogen Stocks to Bet on for the Alt-Fuel Future

VANCOUVER, BC, Dec. 9, 2021 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced that, effective December 9, 2021, the company has appointed Ms. Kathleen (Kathy) Bayless to the company's Board of Directors.

Ballard Appoints New Board Member

VANCOUVER, BC, Nov. 22, 2021 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced that the company has launched a three-year project through a collaboration with Caterpillar Inc. (NYSE: CAT) and Microsoft (NYSE: MSFT) to demonstrate a power system incorporating large-format hydrogen fuel cells to produce reliable and sustainable backup power for data centers. The project is supported and partially funded by the U.S. Department of Energy (DOE) under the H2@Scale initiative and backed by the National Renewable Energy Lab (NREL).

Ballard teams up with Caterpillar & Microsoft to demonstrate megawatt-scale hydrogen fuel cell backup generator system for datacenters

Citi analyst P.J. Juvekar downgraded Ballard Power Systems Inc (NASDAQ:BLDP) to Neutral from Buy with an unchanged price target of $19.

Citi Analyst Initiates Pair Trade - Long Plug Power Versus, Short Ballard Power

VANCOUVER, BC, LONDON and GLASGOW, Scotland, Nov. 11, 2021 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP)(TSX: BDLP), a world leader in the design and manufacturing of PEM fuel cell engines for medium- and heavy-duty vehicles, today announced the acquisition of Arcola Energy, a UK-based systems engineering company specializing in hydrogen fuel cell powertrain and vehicle systems integration. Ballard acquired 100% of Arcola for total upfront and earn-out cash and share consideration of up to US$40 million, based on the achievement of certain performance milestones.

Ballard Power announces acquisition of Arcola Energy to help customers integrate fuel cell engines into heavy-duty mobility

Ballard Power Systems Inc. (BLDP) CEO Randall Macewen on Q3 2021 Results - Earnings Call Transcript

Nikola

What went up just came back down -- mostly.

Why Ballard Power, Bloom Energy, and Nikola Stocks All Dropped Today -- But Plug Didn't

Ballard Power Systems Inc (NASDAQ: BLDP) reported third-quarter revenue of $25.2 million, down 2% year-over-year driven by a reduction in lower Heavy-Duty Motive and Technology Solutions revenue, missing the consensus of $26.46 million. Revenue by segments: Heavy-Duty $11.2 million (-13% Y/Y), Material Handling $3.1 million (+120% Y/Y), Backup Power $1.9 million (+90% Y/Y), and Technology Solutions of $9 million (-13% Y/Y).

Ballard Power Systems Q3 Results Miss Estimates, Notes Margin Pressure

VANCOUVER, BC, Nov. 8, 2021 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced consolidated financial results for the third quarter ended September 30, 2021. All amounts are in U.S. dollars unless otherwise noted and have been prepared in accordance with International Financial Reporting Standards (IFRS).

Ballard Reports Q3 2021 Results

VANCOUVER, BC, Nov. 4, 2021 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced orders for a total of 40 FCmoveTM-HD (70kW) modules for planned deployment in hydrogen fuel cell electric buses ("FCEB") across Europe in 2022. These FCEBs are being deployed in France, Germany, and the UK.

Ballard announces orders for 40 fuel cell modules in European market

Air Products and Chemicals

Cummins

Some countries see hydrogen as the fuel of the future.

Top Automakers Are Investing in Fuel Cells. Should You, Too?

Workhorse Group

President Biden tries to get the infrastructure bill moving again.

Why FuelCell Energy, Ballard Power, and Workhorse Stocks Just Popped

VANCOUVER, BC, Oct. 22, 2021 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) will hold a conference call on Tuesday, November 9 th, 2021 at 8:00 a.m. Pacific Time (11:00 a.m.

Ballard Announces Q3 2021 Results Conference Call

Truist analyst Tristan Richardson initiated Ballard Power Systems Inc (NASDAQ:BLDP) with a Hold rating and a price target of $18, implying an upside of 12%. Richardson cites expectations of accelerating positive trends in Solar & Energy Storage, with global policy frameworks around decarbonization driving policy support, along with expectations of 20% growth in residential installations for 2022 and 2023 after a "substantial rebound" coming in 2021.

Truist Initiates Coverage On Ballard Power, Sees 12% Upside

VANCOUVER, BC and HOBRO, Denmark, Oct. 12, 2021 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced that the Company has signed an Equipment Supply Agreement to provide 8 of its 70-kilowatt FCmoveTM-HD fuel cell modules to Talgo S.A. (Talgo; www.talgo.com) – a leader in the design, manufacture, and maintenance of high-speed light rail trains, headquartered in Madrid, Spain – for trials of its Talgo Vittal-One commuter and regional passenger train.

News for Ballard Power Systems Stock (BLDP)