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NASDAQ: BLDP
Ballard Power Systems Inc Stock Forecast, Predictions & Price Target

Analyst price target for BLDP

Based on 8 analysts offering 12 month price targets for Ballard Power Systems Inc.
Min Forecast
$2.30-15.44%
Avg Forecast
$3.39+24.78%
Max Forecast
$4.10+50.74%

Should I buy or sell BLDP stock?

Based on 8 analysts offering ratings for Ballard Power Systems Inc.
Hold
Strong Buy
1 analysts 12.5%
Buy
0 analysts 0%
Hold
4 analysts 50%
Sell
1 analysts 12.5%
Strong Sell
2 analysts 25%

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BLDP stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-03-13
lockedlocked$00.00+00.00%2024-03-13
lockedlocked$00.00+00.00%2024-03-12
lockedlocked$00.00+00.00%2024-03-12
lockedlocked$00.00+00.00%2024-03-12
Susquehanna
Bottom 3%
3
HoldMaintains$3.00+10.29%2024-03-12
HSBC
Top 41%
60
Strong BuyMaintains$4.10+50.74%2024-03-12
Wells Fargo
Top 32%
69
Strong SellMaintains$3.50+28.68%2024-03-12
Truist Securities
Bottom 2%
2
HoldMaintains$3.50+28.68%2023-11-13
Truist Securities
Bottom 9%
9
HoldMaintains$4.00+47.06%2023-11-06

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Forecast return on equity

Is BLDP forecast to generate an efficient return?
Company
N/A
Industry
9.41%
Market
35.72%

Forecast return on assets

Is BLDP forecast to generate an efficient return on assets?
Company
N/A
Industry
1.58%

BLDP revenue forecast

What is BLDP's revenue in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
$112.5M+9.86%
Avg 2 year Forecast
$156.3M+52.66%
Avg 3 year Forecast
$276.7M+170.25%
BLDP's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

BLDP revenue growth forecast

How is BLDP forecast to perform vs Specialty Industrial Machinery companies and vs the US market?
Company
32.92%
Industry
0.65%
Market
10.27%
BLDP's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
BLDP's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

BLDP vs Specialty Industrial Machinery Stocks

TickerPricePrice TargetUp/downsideConsensus
BLDP$2.72$3.39+24.78%Hold
KRNT$15.55$24.67+58.63%Strong Buy
XMTR$16.13$28.50+76.69%Buy
GRC$36.01N/AN/A
OFLX$67.04N/AN/A

Ballard Power Systems Stock Forecast FAQ

Is Ballard Power Systems Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NASDAQ: BLDP) stock is to Hold BLDP stock.

Out of 8 analysts, 1 (12.5%) are recommending BLDP as a Strong Buy, 0 (0%) are recommending BLDP as a Buy, 4 (50%) are recommending BLDP as a Hold, 1 (12.5%) are recommending BLDP as a Sell, and 2 (25%) are recommending BLDP as a Strong Sell.

If you're new to stock investing, here's how to buy Ballard Power Systems stock.

What is BLDP's revenue growth forecast for 2024-2026?

(NASDAQ: BLDP) Ballard Power Systems's forecast annual revenue growth rate of 32.92% is forecast to beat the US Specialty Industrial Machinery industry's average forecast revenue growth rate of 0.65%, and it is also forecast to beat the US market's average forecast revenue growth rate of 10.27%.

Ballard Power Systems's revenue in 2024 is $102,368,000.On average, 9 Wall Street analysts forecast BLDP's revenue for 2024 to be $33,619,804,175, with the lowest BLDP revenue forecast at $31,597,504,124, and the highest BLDP revenue forecast at $39,160,577,486. On average, 9 Wall Street analysts forecast BLDP's revenue for 2025 to be $46,716,177,455, with the lowest BLDP revenue forecast at $35,961,965,432, and the highest BLDP revenue forecast at $56,199,912,728.

In 2026, BLDP is forecast to generate $82,700,563,065 in revenue, with the lowest revenue forecast at $78,111,899,978 and the highest revenue forecast at $87,289,226,152.

What is BLDP's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: BLDP) forecast ROA is N/A, which is lower than the forecast US Specialty Industrial Machinery industry average of 1.58%.

What is BLDP's Price Target?

According to 8 Wall Street analysts that have issued a 1 year BLDP price target, the average BLDP price target is $3.39, with the highest BLDP stock price forecast at $4.10 and the lowest BLDP stock price forecast at $2.30.

On average, Wall Street analysts predict that Ballard Power Systems's share price could reach $3.39 by Mar 13, 2025. The average Ballard Power Systems stock price prediction forecasts a potential upside of 24.78% from the current BLDP share price of $2.72.

What is BLDP's forecast return on equity (ROE) for 2024-2027?

(NASDAQ: BLDP) forecast ROE is N/A, which is considered weak.
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