Valuation: Ballard Power Systems Inc.

Capitalization 607M 524M 473M 454M 827M 55.81B 866M 5.59B 2.24B 26.76B 2.28B 2.23B 95.72B P/E ratio 2025 *
-6.27x
P/E ratio 2026 * -8.07x
Enterprise value 113M 97.27M 87.8M 84.25M 154M 10.37B 161M 1.04B 416M 4.97B 423M 414M 17.78B EV / Sales 2025 *
1.15x
EV / Sales 2026 * 1.36x
Free-Float
84.46%
Yield 2025 *
-
Yield 2026 * -
1 day-4.51%
1 week-6.14%
Current month-6.14%
1 month-6.14%
3 months-29.67%
Current year-21.43%
1 week 2.72
Extreme 2.72
2.97
1 month 2.72
Extreme 2.72
3.04
Current year 2.72
Extreme 2.72
3.98
1 year 1.44
Extreme 1.44
5.75
3 years 1.44
Extreme 1.44
8.18
5 years 1.44
Extreme 1.44
34.09
10 years 1.44
Extreme 1.44
53.9
Manager TitleAgeSince
Chief Executive Officer 63 06/07/2025
Director of Finance/CFO - 11/09/2024
Chief Operating Officer - 30/12/2024
Director TitleAgeSince
Director/Board Member 79 31/12/2011
Chairman 63 06/06/2018
Director/Board Member 69 31/03/2017
Change 5d. change 1-year change 3-years change Capi.($)
-4.51%-6.14%+51.93%-64.79% 607M
-6.99%+18.99%+19.66%-84.10% 2.97B
+6.04%+1.38%+153.93%+9.80% 1.78B
+5.79%+8.33%+418.75%-23.92% 848M
-5.94%-6.63%+15.33%-92.39% 350M
+2.95%-1.21%-54.30% - 319M
+1.05%+2.93%-21.38%-31.98% 311M
+3.09%-0.33%+66.67%-50.41% 182M
Average +0.18%+2.16%+81.32%-48.26% 920.67M
Weighted average by Cap. -1.10%+8.19%+96.71%-48.73%

Financials

2025 *2026 *
Net sales 97.72M 84.25M 76.06M 72.98M 133M 8.98B 139M 899M 360M 4.31B 367M 359M 15.4B 119M 102M 92.28M 88.54M 161M 10.9B 169M 1.09B 437M 5.23B 445M 435M 18.69B
Net income -97.04M -83.67M -75.53M -72.47M -132M -8.92B -138M -893M -358M -4.28B -364M -356M -15.29B -73.69M -63.53M -57.35M -55.03M -100M -6.77B -105M -678M -272M -3.25B -277M -271M -11.61B
Net Debt -494M -426M -385M -369M -673M -45.44B -705M -4.55B -1.82B -21.79B -1.86B -1.82B -77.94B -446M -384M -347M -333M -607M -40.96B -635M -4.1B -1.64B -19.64B -1.67B -1.64B -70.26B
Logo Ballard Power Systems Inc.
Ballard Power Systems Inc. is engaged in the design, development, manufacture, sale and service of proton exchange membrane (PEM) fuel cell products for a variety of applications, focusing on power products for bus, truck, rail, marine, stationary and emerging market (material handling, off-road and other) applications, as well as the delivery of services, including technology solutions, after sales services and training. The Company operates in a single segment of fuel cell products and services. Embedded in each Ballard fuel cell product lies a stack of unit cells designed with its PEM fuel cell technology that includes membrane electrode assemblies, catalysts, plates, and other key components, and draw on intellectual property from its patent portfolio, together with its experience and know-how, in key areas of PEM fuel cell stack design, operation, production processes and systems integration.
Employees
887
Date Price Change Volume
06/03/26 2.750 $ -4.51% 628,715
05/03/26 2.880 $ -2.37% 796,336
04/03/26 2.950 $ +3.87% 1,160,390
03/03/26 2.840 $ -4.38% 621,131
02/03/26 2.970 $ +1.37% 453,547
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
14
Last Close Price
2.019USD
Average target price
1.687USD
Spread / Average Target
-16.44%

Quarterly revenue - Rate of surprise