Consensus Rating1
Neutral
Highest Price Target1
$10.00
Lowest Price Target1
$1.20
Consensus Price Target1
$3.94

Ballard Power Systems Analyst Ratings and Price Targets | NASDAQ:BLDP | Benzinga

Ballard Power Systems Inc has a consensus price target of $3.94 based on the ratings of 20 analysts. The high is $10 issued by Lake Street on August 13, 2024. The low is $1.2 issued by BMO Capital on March 14, 2025. The 3 most-recent analyst ratings were released by Roth MKM, BMO Capital, and CIBC on March 14, 2025, March 14, 2025, and December 4, 2024, respectively. With an average price target of $1.22 between Roth MKM, BMO Capital, and CIBC, there's an implied 0.53% upside for Ballard Power Systems Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Oct 24
0
0
0
0
Nov 24
0
0
0
0
Dec 24
1
1
Mar
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.1
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Roth MKM
BMO Capital
CIBC
Susquehanna
Raymond James

1calculated from analyst ratings

Analyst Ratings for Ballard Power Systems

Buy NowGet Alert
03/14/2025Buy Now3.28%Roth MKM
Craig Irwin36%
$1.75 → $1.25MaintainsNeutralGet Alert
03/14/2025Buy Now-0.85%BMO Capital
Ameet Thakkar41%
$1.3 → $1.2MaintainsUnderperformGet Alert
12/04/2024Buy Now-0.85%CIBC
Hamir Patel59%
$1.4 → $1.2MaintainsUnderperformerGet Alert
11/06/2024Buy Now15.67%CIBC
Hamir Patel59%
$1.6 → $1.4MaintainsUnderperformerGet Alert
10/16/2024Buy Now23.94%Susquehanna
Biju Perincheril41%
$2 → $1.5MaintainsNeutralGet Alert
09/16/2024Buy Now—Cormark Securities
MacMurray Whale1%
—DowngradeBuy → Market PerformGet Alert
08/14/2024Buy Now147.87%Raymond James
Michael Glen1%
$4 → $3MaintainsMarket PerformGet Alert
08/13/2024Buy Now726.24%Lake Street—$15 → $10MaintainsBuyGet Alert
08/13/2024Buy Now32.2%CIBC
Hamir Patel59%
$3.5 → $1.6DowngradeNeutral → UnderperformerGet Alert
08/13/2024Buy Now65.25%Wells Fargo
Praneeth Satish55%
$3 → $2MaintainsUnderweightGet Alert
08/13/2024Buy Now65.25%Truist Securities
Jordan Levy32%
$3 → $2MaintainsHoldGet Alert
08/13/2024Buy Now65.25%Jefferies
Dushyant Ailani32%
$3.25 → $2MaintainsHoldGet Alert
08/13/2024Buy Now65.25%Susquehanna
Biju Perincheril41%
$3 → $2MaintainsNeutralGet Alert
08/13/2024Buy Now40.46%BMO Capital
Ameet Thakkar41%
$2.25 → $1.7MaintainsUnderperformGet Alert
05/09/2024Buy Now147.87%Wells Fargo
Praneeth Satish55%
$3.5 → $3MaintainsUnderweightGet Alert
05/08/2024Buy Now213.97%HSBC
Samantha Hoh38%
$4.1 → $3.8MaintainsBuyGet Alert
05/08/2024Buy Now189.18%CIBC
Hamir Patel59%
$3.75 → $3.5MaintainsNeutralGet Alert
05/08/2024Buy Now147.87%Truist Securities
Jordan Levy32%
$3.5 → $3ReiteratesHold → HoldGet Alert
03/13/2024Buy Now230.5%Raymond James
Michael Glen1%
$4.5 → $4MaintainsMarket PerformGet Alert
03/13/2024Buy Now90.04%Piper Sandler
Kashy Harrison40%
$3 → $2.3MaintainsUnderweightGet Alert
03/12/2024Buy Now147.87%TD Securities
Aaron Macneil10%
$3.75 → $3MaintainsHoldGet Alert
03/12/2024Buy Now209.84%CIBC
Hamir Patel59%
$5 → $3.75MaintainsNeutralGet Alert
03/12/2024Buy Now147.87%BMO Capital
Ameet Thakkar41%
$3.25 → $3MaintainsUnderperformGet Alert
03/12/2024Buy Now147.87%Susquehanna
Biju Perincheril41%
$4 → $3MaintainsNeutralGet Alert
03/12/2024Buy Now238.76%HSBC
Samantha Hoh38%
$4.5 → $4.1MaintainsBuyGet Alert
03/12/2024Buy Now189.18%Wells Fargo
Praneeth Satish55%
$4 → $3.5MaintainsUnderweightGet Alert
11/13/2023Buy Now189.18%Truist Securities
Jordan Levy32%
$4 → $3.5MaintainsHoldGet Alert
11/13/2023Buy Now189.18%Wells Fargo
Praneeth Satish55%
$5 → $3.5MaintainsUnderweightGet Alert
11/08/2023Buy Now230.5%Susquehanna
Biju Perincheril41%
$5 → $4MaintainsNeutralGet Alert
11/06/2023Buy Now230.5%Truist Securities
Bronson Fleig21%
$5 → $4MaintainsHoldGet Alert
10/24/2023Buy Now—HSBC
Samantha Hoh38%
—UpgradeHold → BuyGet Alert
10/10/2023Buy Now251.15%UBS
Manav Gupta52%
$6.5 → $4.25MaintainsNeutralGet Alert
08/14/2023Buy Now313.12%Susquehanna
Biju Perincheril41%
$5.5 → $5MaintainsNeutralGet Alert
06/27/2023Buy Now230.5%B. Riley Securities
Christopher Souther34%
$6 → $4DowngradeBuy → NeutralGet Alert
06/15/2023Buy Now395.74%Scotiabank
Justin Strong3%
$6.75 → $6MaintainsSector PerformGet Alert
06/14/2023Buy Now354.43%Susquehanna
Biju Perincheril41%
$4.5 → $5.5MaintainsNeutralGet Alert
06/14/2023Buy Now313.12%Wells Fargo
Praneeth Satish55%
→ $5ReiteratesUnderweight → UnderweightGet Alert
06/14/2023Buy Now251.15%BMO Capital
Ameet Thakkar41%
$4.5 → $4.25DowngradeMarket Perform → UnderperformGet Alert
05/11/2023Buy Now313.12%Truist Securities
Bronson Fleig21%
$6 → $5MaintainsHoldGet Alert
05/08/2023Buy Now395.74%B. Riley Securities
Christopher Souther34%
$9 → $6MaintainsBuyGet Alert
03/21/2023Buy Now457.71%Scotiabank
Justin Strong3%
$7.25 → $6.75MaintainsSector PerformGet Alert
01/06/2023Buy Now313.12%Wells Fargo
Praneeth Satish55%
$6 → $5DowngradeEqual-Weight → UnderweightGet Alert
12/08/2022Buy Now354.43%BMO Capital
Ameet Thakkar41%
→ $5.5Initiates → Market PerformGet Alert
11/08/2022Buy Now437.06%TD Securities
Aaron Macneil10%
$11 → $6.5DowngradeSpeculative Buy → HoldGet Alert
11/08/2022Buy Now395.74%Susquehanna
Biju Perincheril41%
$6.5 → $6MaintainsNeutralGet Alert
11/08/2022Buy Now420.53%Citigroup
PJ Juvekar70%
$7.5 → $6.3MaintainsNeutralGet Alert
11/08/2022Buy Now560.99%National Bank Of Canada
Rupert Merer11%
$12 → $8DowngradeOutperform → Sector PerformGet Alert
10/24/2022Buy Now437.06%Susquehanna
Biju Perincheril41%
$7.5 → $6.5MaintainsNeutralGet Alert
10/18/2022Buy Now478.37%Truist Securities
Bronson Fleig21%
$9 → $7MaintainsHoldGet Alert
06/08/2022Buy Now313.12%Piper Sandler
Kashy Harrison40%
→ $5Assumes → UnderweightGet Alert
05/12/2022Buy Now643.62%Wells Fargo
Michael Blum64%
$11 → $9MaintainsEqual-WeightGet Alert
05/10/2022Buy Now891.49%B. Riley Securities
Christopher Souther34%
$15 → $12MaintainsBuyGet Alert
05/02/2022Buy Now974.11%Truist Securities
Bronson Fleig21%
→ $13Assumes → HoldGet Alert

FAQ

Q

What is the target price for Ballard Power Systems (BLDP) stock?

A

The latest price target for Ballard Power Systems (NASDAQ:BLDP) was reported by Roth MKM on March 14, 2025. The analyst firm set a price target for $1.25 expecting BLDP to rise to within 12 months (a possible 0.83% upside). 18 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Ballard Power Systems (BLDP)?

A

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

Q

When was the last upgrade for Ballard Power Systems (BLDP)?

A

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.

Q

When was the last downgrade for Ballard Power Systems (BLDP)?

A

The last downgrade for Ballard Power Systems Inc happened on September 16, 2024 when Cormark Securities changed their price target from N/A to N/A for Ballard Power Systems Inc.

Q

When is the next analyst rating going to be posted or updated for Ballard Power Systems (BLDP)?

A

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 March 14, 2025 so you should expect the next rating to be made available sometime around March 14, 2026.

Q

Is the Analyst Rating Ballard Power Systems (BLDP) correct?

A

While ratings are subjective and will change, the latest Ballard Power Systems (BLDP) rating was a maintained with a price target of $1.75 to $1.25. The current price Ballard Power Systems (BLDP) is trading at is $1.24, which is out of the analyst’s predicted range.

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