BLDP
Q3 2026 EPS Estimate
$-0.04
Jul 31, 2026 · Reports before open
Revenue Estimate
$25M

Analyst Sentiment

Wall St. Consensus
Hold
24 analysts·High coverage
49
Score
4 Buy (17%)15 Hold (63%)5 Sell (20%)
Rating Breakdown
Strong Buy
00%
Buy
417%
Hold
1563%
Sell
521%
Strong Sell
00%

Analyst ratings reflect Wall Street opinion, not guarantees. Historical accuracy varies by firm and sector.

Price Target Expectations

Bear
$2.00
-38.1%
Consensus
$3.70
+14.6%
Bull
$5.00
+54.8%
12-Month Target Range24 analysts
$2.00$3.70$5.00
Current $3.23Consensus
Current Price
$3.23
Upside to Consensus
$0.47

Price targets are 12-month analyst forecasts. Actual results depend on earnings, market conditions, and sector trends.

Earnings & Revenue Estimates

Forward Growth Estimates (YoY)
FY2027
Rev+26.22%
EPS
FY2028
Rev-0.50%
EPS
FY2029
Rev+7.52%
EPS
Raw consensus estimates (low / average / high) from covering analysts.
Annual
MetricFY2026EFY2027EFY2028EFY2029EFY2030E
Revenue Avg$122M$154M$153M$164M$253M
Low$109M$151M$150M$139M$214M
High$134M$156M$156M$186M$288M
EBITDA Avg$-112M$-141M$-140M$-151M$-233M
Low$-123M$-143M$-143M$-171M$-264M
High$-100M$-139M$-138M$-127M$-197M
EBIT Avg$-115M$-145M$-145M$-155M$-240M
Low$-127M$-147M$-147M$-176M$-272M
High$-103M$-143M$-142M$-131M$-202M
Net Income Avg$-51M$-47M$-38M$-61M$-29M
Low$-53M$-48M$-55M$-71M$-35M
High$-33M$-29M$-23M$-48M$-23M
EPS Avg$-0.15$-0.13$-0.12$-0.20$-0.10
Low$-0.17$-0.16$-0.18$-0.24$-0.11
High$-0.11$-0.10$-0.08$-0.16$-0.08
Analysts (Rev / EPS)6 / 46 / 55 / 52 / 12 / 1
Quarterly
MetricQ3 2026Q4 2026Q1 2027Q2 2027Q3 2027Q4 2027Q1 2028Q2 2028
Revenue Avg$36M$44M$27M$34M$41M$45M$24M$34M
Low$30M$34M$21M$26M$31M$35M$18M$26M
High$45M$57M$35M$43M$52M$58M$30M$44M
EBITDA Avg$-33M$-41M$-25M$-31M$-38M$-42M$-22M$-32M
Low$-42M$-52M$-32M$-40M$-48M$-53M$-28M$-40M
High$-27M$-31M$-19M$-24M$-29M$-32M$-17M$-24M
EBIT Avg$-34M$-42M$-26M$-32M$-39M$-43M$-22M$-32M
Low$-43M$-53M$-33M$-41M$-49M$-55M$-29M$-41M
High$-28M$-32M$-20M$-25M$-30M$-33M$-17M$-25M
Net Income Avg$-12M$-10M$-12M$-11M$-9M$-7M$-14M$-12M
Low$-14M$-13M$-16M$-14M$-13M$-10M$-20M$-17M
High$-7M$-7M$-8M$-7M$-6M$-5M$-10M$-9M
EPS Avg$-0.04$-0.03$-0.04$-0.04$-0.03$-0.02$-0.05$-0.04
Low$-0.05$-0.04$-0.05$-0.05$-0.04$-0.03$-0.07$-0.06
High$-0.02$-0.02$-0.03$-0.02$-0.02$-0.02$-0.03$-0.03
Analysts (Rev / EPS)6 / 55 / 13 / 13 / 13 / 13 / 12 / 22 / 2

Earnings Surprises

Recent Analyst Actions

Jul 10, 2026Susquehanna
Ballard Power price target lowered to $3.50 from $4.25 at Susquehanna
Target:$3.50
+8.4%from $3.23
May 20, 2026Susquehanna
Ballard Power price target raised to $4.25 from $2.60 at Susquehanna
Target:$4.25
+1.7%from $4.18
May 5, 2026Lake Street
Ballard Power upgraded to Buy from Hold at Lake Street
Target:$5.00
+15.3%from $4.33
Mar 27, 2026Wells Fargo
Ballard Power price target raised to $2 from $1.50 at Wells Fargo
Target:$2.00
-16.0%from $2.38
Mar 11, 2026New Street
Ballard pact with New Flyer 'positive development,' says National Bank
Target:$3.15
+46.5%from $2.15
Nov 14, 2025Roth Capital
Ballard Power price target raised to $3 from $1.80 at Roth Capital
Target:$3.00
-1.0%from $3.03
Oct 22, 2025UBS
Ballard Power price target raised to $3.50 from $1.40 at UBS
Target:$3.50
+4.5%from $3.35
Oct 13, 2025Susquehanna
Ballard Power price target raised to $3.30 from $2 at Susquehanna
Target:$3.30
-5.2%from $3.48
Oct 9, 2025HSBC
Ballard Power price target raised to $3.40 from $2 at HSBC
Target:$3.40
-5.3%from $3.59
Oct 9, 2025HSBC
Ballard Power price target raised to $3.60 from $2 at HSBC
Target:$3.60
-0.3%from $3.61
Aug 11, 2025Roth Capital
Ballard Power price target raised to $1.80 from $1.25 at Roth Capital
Target:$1.80
+0.0%from $1.80
Apr 14, 2025Susquehanna
Ballard Power price target lowered to $1.30 from $1.40 at Susquehanna
Target:$1.30
+8.3%from $1.20
Mar 14, 2025Raymond James
Ballard Power price target lowered to $2 from $2.50 at Raymond James
Target:$2.00
+51.5%from $1.32
Mar 14, 2025UBS
Ballard Power price target lowered to $1.25 from $1.75 at Roth MKM
Target:$1.25
-5.3%from $1.32
Mar 13, 2025Wells Fargo
Wells sees Ballard Power share rally on backlog growth
Target:$1.00
-21.9%from $1.28
Aug 13, 2024CIBC
Ballard Power downgraded to Underperformer from Neutral at CIBC (earlier)
Target:$1.60
-15.8%from $1.90
Aug 12, 2024TD Securities
Ballard Power downgraded to Sell from Hold at TD Securities
Target:$1.50
-17.6%from $1.82
May 7, 2024Truist Financial
Truist on Ballard Power Systems (BLDP): 'Ultimately we'd view the results as fairly neutral for shares'
Target:$3.50
+23.5%from $2.83
Mar 13, 2024Raymond James
Ballard Power Systems (BLDP) PT Lowered to $4 at Raymond James
Target:$4.00
+43.4%from $2.79
Mar 13, 2024Piper Sandler
Ballard Power Systems (BLDP) PT Lowered to $2.30 at Piper Sandler
Target:$2.30
-17.6%from $2.79
Mar 12, 2024Wells Fargo
Ballard Power Systems (BLDP) PT Lowered to $3.50 at Wells Fargo, Lowers Estimates
Target:$3.50
+21.5%from $2.88
Jan 6, 2023Wells Fargo
Wells Fargo Downgrades Ballard Power Systems to Underweight, Raises Price Target to $5
Target:$5.00
-0.8%from $5.04
Dec 8, 2022BMO Capital
BMO Capital Initiates Coverage On Ballard Power Systems with Market Perform Rating, Announces Price Target of $5.5
Target:$5.50
+0.7%from $5.46
May 12, 2022Wells Fargo
Wells Fargo Maintains Equal-Weight on Ballard Power Systems, Lowers Price Target to $9
Target:$9.00
+49.0%from $6.04
Feb 8, 2022B.Riley Financial
Ballard Power price target lowered to $15 from $23 at B. Riley
Target:$15.00
+59.9%from $9.38
Data is provided for informational purposes only and does not constitute investment advice. Past performance is not indicative of future results.