Consensus Ballard Power Systems Inc.

Stocks

BLDP

CA0585861085

Renewable Energy Equipment & Services

Market Closed - Toronto S.E. Other stock markets 21:00:00 20/07/2026 BST			5-day change	1st Jan Change
3.880 ^CAD	+2.37%		-7.62%	+10.86%

07-02	Ballard Power Systems Price Target Raised to US$5.25 at ATB	MT
06-23	Ballard Power Systems Inc., GeoPura, Ltd. - M&A Call

Evolution of the Average Target: Ballard Power Systems Inc.

Evolution of the Target Price: Ballard Power Systems Inc.

Changes in Analyst Recommendations: Ballard Power Systems Inc.

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Analysts' recommendations: Ballard Power Systems Inc.

07-02	Ballard Power Systems Price Target Raised to US$5.25 at ATB	MT
05-06	Ballard Power Target Raised To US$4.75 From $3.15, Keeps Sector Perform at National Bank Which Notes "Strong Start to FY26 as Cost Actions Drive Sustainable Margin Gains"	MT
01-09	TD Cowen Upgrades Ballard Power Systems to Hold From Sell, Adjusts Price Target to CA$3.47 From CA$3.44	MT
11-13	Ballard Power Brief: Lower Capital Expenditure outlook range of US$8-$12 Million compared to previous estimate of $15-$25 Million	MT
11-13	Ballard Power Brief: Q3 2025 Revenue of US$32.5 million	MT
22/10/25	UBS Raises Price Target on Ballard Power Systems to $3.50 From $1.40, Keeps Neutral Rating	MT
12/08/25	BMO on Ballard Power Systems' Outlook	MT
17/06/25	Update On Ballard Power Systems; National Bank On Announcement of New CEO to Navigate Market Turbulence	MT
12/05/25	UBS Adjusts Price Target on Ballard Power Systems to $1.40 From $2, Maintains Neutral Rating	MT
17/04/25	Ballard Power Shares Fall After Downgrade From Citigroup	MT
17/04/25	Citigroup Downgrades Ballard Power Systems to Sell From Neutral, CA$2.15 Price Target	MT
14/03/25	BMO on Ballard Power's Q4	MT
09/12/24	National Bank on Ballard Power Systems' Deal With Stadler Rail	MT
06/11/24	HSBC Downgrades Ballard Power Systems to Hold, Price Target is CA$2.64	MT
03/10/24	UBS Adjusts Price Target on Ballard Power Systems to $2 From $3.50, Maintains Neutral Rating	MT
13/08/24	Ballard Power Target Cut to US$3 at National Bank	MT
13/08/24	Wells Fargo Trims Ballard Power Systems Price Target to $2 From $3, Maintains Underweight Rating	MT
13/08/24	CIBC Downgrades Ballard Power Systems to Underperform From Neutral	MT
13/08/24	TD Cowen Downgrades Ballard Power Systems to Sell From Hold, $1.50 Price Target	MT
13/08/24	Truist Adjusts Price Target on Ballard Power Systems to $2 From $3, Maintains Hold Rating	MT
13/05/24	UBS Adjusts Ballard Power Systems Price Target to $3.50 From $3.75, Maintains Neutral Rating	MT
08/05/24	National Bank Trims Ballard Target to US$4, Maintains Sector Perform	MT
07/05/24	Truist Securities Trims Ballard Power Systems' Price Target to $3 From $3.50, Maintains Hold Rating	MT
07/05/24	Truist Securities Maintains Hold Rating, US$3.50 Target on Ballard Power After Q1	MT
02/04/24	UBS Trims Ballard Power Systems Price Target to $3.75 From $4, Maintains Neutral Rating	MT

More recommendations

Sector Comparison:

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Financial estimates divergence	Analysts' Target price divergence	Objective/dr gap
BALLARD POWER SYSTEMS INC.			+18.02%
PLUG POWER INC.			+66.52%
DOOSAN FUEL CELL CO., LTD.			+48.72%
FUELCELL ENERGY, INC.			+15.09%
CERES POWER HOLDINGS PLC			+112.49%
SFC ENERGY AG			+40.44%
H-POWER PLC	-	-	+114.55%
Average			+59.40%
Weighted average by Cap.			+53.44%

See all sector consensus

Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

2.760USD

Average target price

3.257USD

Spread / Average Target

+18.02%

High Price Target

3.697USD

Spread / Highest target

+33.96%

Low Price Target

2.817USD

Spread / Lowest Target

+2.08%

Analyst Consensus Detail

Consensus revision (last 18 months)

Analysts covering the company

ATB Capital
National Bank
TD Cowen
UBS
Citigroup
HSBC
Truist Securities
Raymond James
Piper Sandler
BMO Capital
Wells Fargo Securities
Susquehanna
CIBC World Markets
B. Riley
Scotiabank
TD Securities
Roth Capital Partners
KeyBanc Capital Markets
SMBC Nikko
Wolfe Research
Northcoast Research
Lake Street
National Bank Financial