The latest price target for Ballard Power Systems (NASDAQ:BLDP) was reported by UBS on October 22, 2025. The analyst firm set a price target for $3.50 expecting BLDP to rise to within 12 months (a possible 40.85% upside). 10 analyst firms have reported ratings in the last year.

The latest analyst rating for Ballard Power Systems (NASDAQ:BLDP) was provided by UBS, and Ballard Power Systems maintained their neutral rating.

The last upgrade for Ballard Power Systems Inc happened on October 24, 2023 when HSBC raised their price target to N/A. HSBC previously had a hold for Ballard Power Systems Inc.

The last downgrade for Ballard Power Systems Inc happened on August 11, 2025 when Lake Street changed their price target from N/A to N/A for Ballard Power Systems Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Ballard Power Systems, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Ballard Power Systems was filed on October 22, 2025 so you should expect the next rating to be made available sometime around October 22, 2026.

While ratings are subjective and will change, the latest Ballard Power Systems (BLDP) rating was a maintained with a price target of $1.40 to $3.50. The current price Ballard Power Systems (BLDP) is trading at is $2.49, which is within the analyst’s predicted range.