
BLDP Stock Forecast & Price Target
BLDP Analyst Ratings
Bulls say
Ballard Power Systems Inc. has demonstrated significant growth with a 70% increase in its 12-month order book and a 41% rise in total backlog quarter-over-quarter, indicating strong demand for its fuel cell products. The company has revised its 2025 revenue estimate upward by 4.5%, supported by favorable policy and legislative incentives fueling robust growth in the Motive segment. Additionally, management is focused on reducing operating expenses by 30% in 2025, which, combined with potential gross margin improvements, positions the company favorably for enhanced profitability and operational efficiency.
Bears say
Ballard Power Systems Inc. reported a considerable decline in total revenue for 4Q, amounting to $24.5 million, which represented a 48% year-over-year decrease and significantly missed consensus estimates. The company is facing challenging gross margins, with 4Q margins recorded at -13%, bringing FY 2024 gross margins to -32%, attributed to low product volumes. Additionally, Ballard's financial outlook is weakened by forecasts indicating continued negative earnings per share, free cash flow, and EBITDA over the next several years, along with accumulated operating losses and country risk factors.
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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