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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 -7.84% downside for Ballard Power Systems Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Roth MKM
BMO Capital
CIBC
Susquehanna
Raymond James
1calculated from analyst ratings
Analyst Ratings for Ballard Power Systems
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 03/14/2025 | Buy Now | -5.32% | Roth MKM | Craig Irwin36% | $1.75 → $1.25 | Maintains | Neutral | Get Alert |
| 03/14/2025 | Buy Now | -9.1% | BMO Capital | Ameet Thakkar41% | $1.3 → $1.2 | Maintains | Underperform | Get Alert |
| 12/04/2024 | Buy Now | -9.1% | CIBC | Hamir Patel64% | $1.4 → $1.2 | Maintains | Underperformer | Get Alert |
| 11/06/2024 | Buy Now | 6.04% | CIBC | Hamir Patel64% | $1.6 → $1.4 | Maintains | Underperformer | Get Alert |
| 10/16/2024 | Buy Now | 13.62% | Susquehanna | Biju Perincheril45% | $2 → $1.5 | Maintains | Neutral | Get Alert |
| 09/16/2024 | Buy Now | — | Cormark Securities | MacMurray Whale1% | — | Downgrade | Buy → Market Perform | Get Alert |
| 08/14/2024 | Buy Now | 127.24% | Raymond James | Michael Glen1% | $4 → $3 | Maintains | Market Perform | Get Alert |
| 08/13/2024 | Buy Now | 657.46% | Lake Street | — | $15 → $10 | Maintains | Buy | Get Alert |
| 08/13/2024 | Buy Now | 21.19% | CIBC | Hamir Patel64% | $3.5 → $1.6 | Downgrade | Neutral → Underperformer | Get Alert |
| 08/13/2024 | Buy Now | 51.49% | Wells Fargo | Praneeth Satish55% | $3 → $2 | Maintains | Underweight | Get Alert |
| 08/13/2024 | Buy Now | 51.49% | Truist Securities | Jordan Levy33% | $3 → $2 | Maintains | Hold | Get Alert |
| 08/13/2024 | Buy Now | 51.49% | Jefferies | Dushyant Ailani32% | $3.25 → $2 | Maintains | Hold | Get Alert |
| 08/13/2024 | Buy Now | 51.49% | Susquehanna | Biju Perincheril45% | $3 → $2 | Maintains | Neutral | Get Alert |
| 08/13/2024 | Buy Now | 28.77% | BMO Capital | Ameet Thakkar41% | $2.25 → $1.7 | Maintains | Underperform | Get Alert |
| 05/09/2024 | Buy Now | 127.24% | Wells Fargo | Praneeth Satish55% | $3.5 → $3 | Maintains | Underweight | Get Alert |
| 05/08/2024 | Buy Now | 187.84% | HSBC | Samantha Hoh41% | $4.1 → $3.8 | Maintains | Buy | Get Alert |
| 05/08/2024 | Buy Now | 165.11% | CIBC | Hamir Patel64% | $3.75 → $3.5 | Maintains | Neutral | Get Alert |
| 05/08/2024 | Buy Now | 127.24% | Truist Securities | Jordan Levy33% | $3.5 → $3 | Reiterates | Hold → Hold | Get Alert |
| 03/13/2024 | Buy Now | 202.98% | Raymond James | Michael Glen1% | $4.5 → $4 | Maintains | Market Perform | Get Alert |
| 03/13/2024 | Buy Now | 74.22% | Piper Sandler | Kashy Harrison41% | $3 → $2.3 | Maintains | Underweight | Get Alert |
| 03/12/2024 | Buy Now | 127.24% | TD Securities | Aaron Macneil9% | $3.75 → $3 | Maintains | Hold | Get Alert |
| 03/12/2024 | Buy Now | 184.05% | CIBC | Hamir Patel64% | $5 → $3.75 | Maintains | Neutral | Get Alert |
| 03/12/2024 | Buy Now | 127.24% | BMO Capital | Ameet Thakkar41% | $3.25 → $3 | Maintains | Underperform | Get Alert |
| 03/12/2024 | Buy Now | 127.24% | Susquehanna | Biju Perincheril45% | $4 → $3 | Maintains | Neutral | Get Alert |
| 03/12/2024 | Buy Now | 210.56% | HSBC | Samantha Hoh41% | $4.5 → $4.1 | Maintains | Buy | Get Alert |
| 03/12/2024 | Buy Now | 165.11% | Wells Fargo | Praneeth Satish55% | $4 → $3.5 | Maintains | Underweight | Get Alert |
| 11/13/2023 | Buy Now | 165.11% | Truist Securities | Jordan Levy33% | $4 → $3.5 | Maintains | Hold | Get Alert |
| 11/13/2023 | Buy Now | 165.11% | Wells Fargo | Praneeth Satish55% | $5 → $3.5 | Maintains | Underweight | Get Alert |
| 11/08/2023 | Buy Now | 202.98% | Susquehanna | Biju Perincheril45% | $5 → $4 | Maintains | Neutral | Get Alert |
| 11/06/2023 | Buy Now | 202.98% | Truist Securities | Bronson Fleig20% | $5 → $4 | Maintains | Hold | Get Alert |
| 10/24/2023 | Buy Now | — | HSBC | Samantha Hoh41% | — | Upgrade | Hold → Buy | Get Alert |
| 10/10/2023 | Buy Now | 221.92% | UBS | Manav Gupta52% | $6.5 → $4.25 | Maintains | Neutral | Get Alert |
| 08/14/2023 | Buy Now | 278.73% | Susquehanna | Biju Perincheril45% | $5.5 → $5 | Maintains | Neutral | Get Alert |
| 06/27/2023 | Buy Now | 202.98% | B. Riley Securities | Christopher Souther34% | $6 → $4 | Downgrade | Buy → Neutral | Get Alert |
| 06/15/2023 | Buy Now | 354.48% | Scotiabank | Justin Strong3% | $6.75 → $6 | Maintains | Sector Perform | Get Alert |
| 06/14/2023 | Buy Now | 316.6% | Susquehanna | Biju Perincheril45% | $4.5 → $5.5 | Maintains | Neutral | Get Alert |
| 06/14/2023 | Buy Now | 278.73% | Wells Fargo | Praneeth Satish55% | → $5 | Reiterates | Underweight → Underweight | Get Alert |
| 06/14/2023 | Buy Now | 221.92% | BMO Capital | Ameet Thakkar41% | $4.5 → $4.25 | Downgrade | Market Perform → Underperform | Get Alert |
| 05/11/2023 | Buy Now | 278.73% | Truist Securities | Bronson Fleig20% | $6 → $5 | Maintains | Hold | Get Alert |
| 05/08/2023 | Buy Now | 354.48% | B. Riley Securities | Christopher Souther34% | $9 → $6 | Maintains | Buy | Get Alert |
| 03/21/2023 | Buy Now | 411.29% | Scotiabank | Justin Strong3% | $7.25 → $6.75 | Maintains | Sector Perform | Get Alert |
| 01/06/2023 | Buy Now | 278.73% | Wells Fargo | Praneeth Satish55% | $6 → $5 | Downgrade | Equal-Weight → Underweight | Get Alert |
| 12/08/2022 | Buy Now | 316.6% | BMO Capital | Ameet Thakkar41% | → $5.5 | Initiates | → Market Perform | Get Alert |
| 11/08/2022 | Buy Now | 392.35% | TD Securities | Aaron Macneil9% | $11 → $6.5 | Downgrade | Speculative Buy → Hold | Get Alert |
| 11/08/2022 | Buy Now | 354.48% | Susquehanna | Biju Perincheril45% | $6.5 → $6 | Maintains | Neutral | Get Alert |
| 11/08/2022 | Buy Now | 377.2% | Citigroup | PJ Juvekar68% | $7.5 → $6.3 | Maintains | Neutral | Get Alert |
| 11/08/2022 | Buy Now | 505.97% | National Bank Of Canada | Rupert Merer11% | $12 → $8 | Downgrade | Outperform → Sector Perform | Get Alert |
| 10/24/2022 | Buy Now | 392.35% | Susquehanna | Biju Perincheril45% | $7.5 → $6.5 | Maintains | Neutral | Get Alert |
| 10/18/2022 | Buy Now | 430.22% | Truist Securities | Bronson Fleig20% | $9 → $7 | Maintains | Hold | Get Alert |
| 06/08/2022 | Buy Now | 278.73% | Piper Sandler | Kashy Harrison41% | → $5 | Assumes | → Underweight | Get Alert |
| 05/12/2022 | Buy Now | 581.71% | Wells Fargo | Michael Blum68% | $11 → $9 | Maintains | Equal-Weight | Get Alert |
| 05/10/2022 | Buy Now | 808.95% | B. Riley Securities | Christopher Souther34% | $15 → $12 | Maintains | Buy | Get Alert |
| 05/02/2022 | Buy Now | 884.7% | Truist Securities | Bronson Fleig20% | → $13 | Assumes | → Hold | 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 Roth MKM on March 14, 2025. The analyst firm set a price target for $1.25 expecting BLDP to fall to within 12 months (a possible -5.32% downside). 18 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 Roth MKM, and Ballard Power Systems maintained their neutral 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 September 16, 2024 when Cormark Securities changed their price target from N/A to N/A 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 March 14, 2025 so you should expect the next rating to be made available sometime around March 14, 2026.
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 $1.75 to $1.25. The current price Ballard Power Systems (BLDP) is trading at is $1.32, which is out of the analyst’s predicted range.
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