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Ballard Power Systems
BLDPNASDAQ
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Ballard Power Systems (NASDAQ:BLDP) Stock, Analyst Ratings, Price Targets, Forecasts
Ballard Power Systems Inc has a consensus price target of $5.77 based on the ratings of 49 analysis. The 3 most-recent analyst ratings were released by Wells Fargo, HSBC, and CIBC on May 9, 2024, May 8, 2024, and May 8, 2024, respectively. With an average price target of $3.43 between Wells Fargo, HSBC, and CIBC, there's an implied 46.21% upside for Ballard Power Systems Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Wells Fargo
HSBC
CIBC
Truist Securities
Raymond James
1calculated from analyst ratings
Analyst Ratings for Ballard Power Systems
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/09/2024 | Buy Now | 27.76% | Wells Fargo | Praneeth Satish | $3.5 → $3 | Maintains | Underweight | Get Alert |
| 05/08/2024 | Buy Now | 61.83% | HSBC | Samantha Hoh | $4.1 → $3.8 | Maintains | Buy | Get Alert |
| 05/08/2024 | Buy Now | 49.05% | CIBC | Hamir Patel | $3.75 → $3.5 | Maintains | Neutral | Get Alert |
| 05/08/2024 | Buy Now | 27.76% | Truist Securities | Jordan Levy | $3.5 → $3 | Reiterates | Hold → Hold | Get Alert |
| 03/13/2024 | Buy Now | 70.34% | Raymond James | Michael Glen | $4.5 → $4 | Maintains | Market Perform | Get Alert |
| 03/13/2024 | Buy Now | -2.05% | Piper Sandler | Kashy Harrison | $3 → $2.3 | Maintains | Underweight | Get Alert |
| 03/12/2024 | Buy Now | 27.76% | TD Securities | Aaron Macneil | $3.75 → $3 | Maintains | Hold | Get Alert |
| 03/12/2024 | Buy Now | 59.7% | CIBC | Hamir Patel | $5 → $3.75 | Maintains | Neutral | Get Alert |
| 03/12/2024 | Buy Now | 27.76% | BMO Capital | Ameet Thakkar | $3.25 → $3 | Maintains | Underperform | Get Alert |
| 03/12/2024 | Buy Now | 27.76% | Susquehanna | Biju Perincheril | $4 → $3 | Maintains | Neutral | Get Alert |
| 03/12/2024 | Buy Now | 74.6% | HSBC | Samantha Hoh | $4.5 → $4.1 | Maintains | Buy | Get Alert |
| 03/12/2024 | Buy Now | 49.05% | Wells Fargo | Praneeth Satish | $4 → $3.5 | Maintains | Underweight | Get Alert |
| 11/13/2023 | Buy Now | 49.05% | Truist Securities | Jordan Levy | $4 → $3.5 | Maintains | Hold | Get Alert |
| 11/13/2023 | Buy Now | 49.05% | Wells Fargo | Praneeth Satish | $5 → $3.5 | Maintains | Underweight | Get Alert |
| 11/08/2023 | Buy Now | 70.34% | Susquehanna | Biju Perincheril | $5 → $4 | Maintains | Neutral | Get Alert |
| 11/06/2023 | Buy Now | 70.34% | Truist Securities | Bronson Fleig | $5 → $4 | Maintains | Hold | Get Alert |
| 10/24/2023 | Buy Now | — | HSBC | Samantha Hoh | — | Upgrade | Hold → Buy | Get Alert |
| 10/10/2023 | Buy Now | 80.99% | UBS | Manav Gupta | $6.5 → $4.25 | Maintains | Neutral | Get Alert |
| 08/14/2023 | Buy Now | 112.93% | Susquehanna | Biju Perincheril | $5.5 → $5 | Maintains | Neutral | Get Alert |
| 06/27/2023 | Buy Now | 70.34% | B. Riley Securities | Christopher Souther | $6 → $4 | Downgrade | Buy → Neutral | Get Alert |
| 06/15/2023 | Buy Now | 155.51% | Scotiabank | Justin Strong | $6.75 → $6 | Maintains | Sector Perform | Get Alert |
| 06/14/2023 | Buy Now | 134.22% | Susquehanna | Biju Perincheril | $4.5 → $5.5 | Maintains | Neutral | Get Alert |
| 06/14/2023 | Buy Now | 112.93% | Wells Fargo | Praneeth Satish | → $5 | Reiterates | Underweight → Underweight | Get Alert |
| 06/14/2023 | Buy Now | 80.99% | BMO Capital | Ameet Thakkar | $4.5 → $4.25 | Downgrade | Market Perform → Underperform | Get Alert |
| 05/11/2023 | Buy Now | 112.93% | Truist Securities | Bronson Fleig | $6 → $5 | Maintains | Hold | Get Alert |
| 05/08/2023 | Buy Now | 155.51% | B. Riley Securities | Christopher Souther | $9 → $6 | Maintains | Buy | Get Alert |
| 03/21/2023 | Buy Now | 187.45% | Scotiabank | Justin Strong | $7.25 → $6.75 | Maintains | Sector Perform | Get Alert |
| 01/06/2023 | Buy Now | 112.93% | Wells Fargo | Praneeth Satish | $6 → $5 | Downgrade | Equal-Weight → Underweight | Get Alert |
| 12/08/2022 | Buy Now | 134.22% | BMO Capital | Ameet Thakkar | → $5.5 | Initiates | → Market Perform | Get Alert |
| 11/08/2022 | Buy Now | 176.81% | TD Securities | Aaron Macneil | $11 → $6.5 | Downgrade | Speculative Buy → Hold | Get Alert |
| 11/08/2022 | Buy Now | 155.51% | Susquehanna | Biju Perincheril | $6.5 → $6 | Maintains | Neutral | Get Alert |
| 11/08/2022 | Buy Now | 168.29% | Citigroup | PJ Juvekar | $7.5 → $6.3 | Maintains | Neutral | Get Alert |
| 11/08/2022 | Buy Now | 240.69% | National Bank Of Canada | Rupert Merer | $12 → $8 | Downgrade | Outperform → Sector Perform | Get Alert |
| 10/24/2022 | Buy Now | 176.81% | Susquehanna | Biju Perincheril | $7.5 → $6.5 | Maintains | Neutral | Get Alert |
| 10/18/2022 | Buy Now | 198.1% | Truist Securities | Bronson Fleig | $9 → $7 | Maintains | Hold | Get Alert |
| 06/08/2022 | Buy Now | 112.93% | Piper Sandler | Kashy Harrison | → $5 | Assumes | → Underweight | Get Alert |
| 05/12/2022 | Buy Now | 283.27% | Wells Fargo | Michael Blum | $11 → $9 | Maintains | Equal-Weight | Get Alert |
| 05/10/2022 | Buy Now | 411.03% | B. Riley Securities | Christopher Souther | $15 → $12 | Maintains | Buy | Get Alert |
| 05/02/2022 | Buy Now | 453.62% | Truist Securities | Bronson Fleig | → $13 | Assumes | → Hold | Get Alert |
| 03/16/2022 | Buy Now | 368.44% | Citigroup | PJ Juvekar | $13 → $11 | Maintains | Neutral | Get Alert |
| 03/10/2022 | Buy Now | 368.44% | Susquehanna | Biju Perincheril | $10 → $11 | Maintains | Neutral | Get Alert |
| 02/07/2022 | Buy Now | 325.86% | BMO Capital | Jonathan Lamers | $23 → $10 | Downgrade | Outperform → Market Perform | Get Alert |
| 01/26/2022 | Buy Now | 325.86% | Susquehanna | Biju Perincheril | → $10 | Initiates | → Neutral | Get Alert |
| 01/24/2022 | Buy Now | 453.62% | Truist Securities | Tristan Richardson | $18 → $13 | Maintains | Hold | Get Alert |
| 01/05/2022 | Buy Now | — | Keybanc | Leo Mariani | — | Initiates | → Sector Weight | Get Alert |
| 11/17/2021 | Buy Now | — | Citigroup | PJ Juvekar | — | Downgrade | Buy → Neutral | Get Alert |
| 10/15/2021 | Buy Now | 666.54% | Truist Securities | Tristan Richardson | — | Initiates | → Hold | Get Alert |
| 09/23/2021 | Buy Now | 411.03% | Piper Sandler | Pearce Hammond | — | Maintains | Neutral | Get Alert |
| 09/01/2021 | Buy Now | 581.37% | Wolfe Research | Steve Fleishman | — | Initiates | → Underperform | Get Alert |
FAQ
What is the target price for Ballard Power Systems (BLDP) stock?
The latest price target for Ballard Power Systems (NASDAQ:BLDP) was reported by Wells Fargo on May 9, 2024. The analyst firm set a price target for $3.00 expecting BLDP to rise to within 12 months (a possible 27.76% upside). 19 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Ballard Power Systems (BLDP)?
The latest analyst rating for Ballard Power Systems (NASDAQ:BLDP) was provided by Wells Fargo, and Ballard Power Systems maintained their underweight rating.
When was the last upgrade for Ballard Power Systems (BLDP)?
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.
When was the last downgrade for Ballard Power Systems (BLDP)?
The last downgrade for Ballard Power Systems Inc happened on June 27, 2023 when B. Riley Securities changed their price target from $6 to $4 for Ballard Power Systems Inc.
When is the next analyst rating going to be posted or updated for Ballard Power Systems (BLDP)?
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 May 9, 2024 so you should expect the next rating to be made available sometime around May 9, 2025.
Is the Analyst Rating Ballard Power Systems (BLDP) correct?
While ratings are subjective and will change, the latest Ballard Power Systems (BLDP) rating was a maintained with a price target of $3.50 to $3.00. The current price Ballard Power Systems (BLDP) is trading at is $2.35, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.