Ballard Power Systems (BLDP) Stock Overview
Engages in the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cell products. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 | 
| Future Growth | 2/6 | 
| Past Performance | 0/6 | 
| Financial Health | 6/6 | 
| Dividends | 0/6 | 
BLDP Community Fair Values
See what 37 others think this stock is worth. Follow their fair value or set your own to get alerts.
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Ballard Power Systems Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$4.83 | 
| 52 Week High | CA$5.75 | 
| 52 Week Low | CA$1.44 | 
| Beta | 1.94 | 
| 1 Month Change | 28.12% | 
| 3 Month Change | 93.98% | 
| 1 Year Change | 118.55% | 
| 3 Year Change | -33.65% | 
| 5 Year Change | -77.80% | 
| Change since IPO | 189.80% | 
Recent News & Updates
Recent updates
Shareholder Returns
| BLDP | CA Electrical | CA Market | |
|---|---|---|---|
| 7D | 5.5% | 20.9% | -0.5% | 
| 1Y | 118.6% | 84.3% | 20.0% | 
Return vs Industry: BLDP exceeded the Canadian Electrical industry which returned 76.3% over the past year.
Return vs Market: BLDP exceeded the Canadian Market which returned 17.9% over the past year.
Price Volatility
| BLDP volatility | |
|---|---|
| BLDP Average Weekly Movement | 12.6% | 
| Electrical Industry Average Movement | 13.7% | 
| Market Average Movement | 9.9% | 
| 10% most volatile stocks in CA Market | 20.4% | 
| 10% least volatile stocks in CA Market | 3.0% | 
Stable Share Price: BLDP has not had significant price volatility in the past 3 months compared to the Canadian market.
Volatility Over Time: BLDP's weekly volatility (13%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website | 
|---|---|---|---|
| 1979 | 887 | Marty Neese | www.ballard.com | 
Ballard Power Systems Inc. engages in the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cell products. The company offers its products for power product comprising for bus, truck, rail, marine, stationary power, and emerging market, such as material handling, off-road, and other applications. It also engages in the delivery of services, including technology solutions, after sales services, and training services; and provision of engineering services, product and systems integration services, and related technology transfer for various PEM fuel cell applications.
Ballard Power Systems Inc. Fundamentals Summary
| BLDP fundamental statistics | |
|---|---|
| Market cap | CA$1.49b | 
| Earnings (TTM) | -CA$414.50m | 
| Revenue (TTM) | CA$101.42m | 
Is BLDP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BLDP income statement (TTM) | |
|---|---|
| Revenue | US$72.51m | 
| Cost of Revenue | US$89.05m | 
| Gross Profit | -US$16.55m | 
| Other Expenses | US$279.77m | 
| Earnings | -US$296.32m | 
Last Reported Earnings
Jun 30, 2025
Next Earnings Date
Nov 13, 2025
| Earnings per share (EPS) | -0.99 | 
| Gross Margin | -22.82% | 
| Net Profit Margin | -408.67% | 
| Debt/Equity Ratio | 0% | 
How did BLDP perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) | 
|---|---|
| Company Analysis | 2025/10/30 10:26 | 
| End of Day Share Price | 2025/10/30 00:00 | 
| Earnings | 2025/06/30 | 
| Annual Earnings | 2024/12/31 | 
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * | 
|---|---|---|---|
| Company Financials | 10 years | 
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| Analyst Consensus Estimates | +3 years | 
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| Market Prices | 30 years | 
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| Ownership | 10 years | 
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| Management | 10 years | 
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| Key Developments | 10 years | 
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Ballard Power Systems Inc. is covered by 36 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution | 
|---|---|
| Ameet Thakkar | BMO Capital Markets Equity Research | 
| Vikram Bagri | Citigroup Inc | 
| Vikram Bagri | Citigroup Inc | 



