
BLDP Stock Forecast & Price Target
BLDP Analyst Ratings
Bulls say
Ballard Power Systems has demonstrated significant growth momentum, with a 70% increase in its 12-month order book and a 41% rise in total backlog, indicating robust demand across its target markets. The company's management has proactively raised its revenue estimate for 2025 by 4.5% and aims for a 30% reduction in annual operating expenses as part of its restructuring initiatives, positioning it favorably for enhanced profitability. Additionally, repeat business in the Bus and Rail segments, which account for approximately 90% of the $173.5 million backlog, reflects strong customer loyalty and growth potential moving forward.
Bears say
Ballard Power Systems, Inc. reported a significant decline in total revenue for the fourth quarter, showing a 48% year-over-year decrease to $24.5 million, which fell short of consensus estimates. The company is experiencing challenging gross margins, with a reported -13% in 4Q and an expected -32% for FY 2024, indicating a troubling decline in profitability due to low product volumes. Additionally, the outlook for the company's Motive segment suggests limited growth potential, compounded by ongoing operating losses and a material accumulated deficit, raising concerns about its financial sustainability.
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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