$2.52
-0.02[-0.79%]
At close: Apr 24
$2.52
0[0.00%]
After Hours: 6:56PM EDT
Ballard Power Systems
(NASDAQ:BLDP)Ballard Power Systems Stock (NASDAQ:BLDP), Analyst Ratings, Price Targets, Predictions
Ballard Power Systems Inc has a consensus price target of $6.26, established from looking at the 46 latest analyst ratings. The last 3 analyst ratings were released from Raymond James, Piper Sandler, and TD Securities on March 13, 2024, March 13, 2024, and March 12, 2024. With an average price target of $3.1 between Raymond James, Piper Sandler, and TD Securities, there's an implied 23.02% upside for Ballard Power Systems Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Raymond James
Piper Sandler
TD Securities
CIBC
BMO Capital
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Ballard Power Systems
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 03/13/2024 | BLDP | Buy Now | Ballard Power Systems | $2.52 | 58.73% | Raymond James | Michael Glen | $4.5 → $4 | Maintains | Market Perform | Get Alert |
| 03/13/2024 | BLDP | Buy Now | Ballard Power Systems | $2.52 | -8.73% | Piper Sandler | Kashy Harrison | $3 → $2.3 | Maintains | Underweight | Get Alert |
| 03/12/2024 | BLDP | Buy Now | Ballard Power Systems | $2.52 | 19.05% | TD Securities | Aaron Macneil | $3.75 → $3 | Maintains | Hold | Get Alert |
| 03/12/2024 | BLDP | Buy Now | Ballard Power Systems | $2.52 | 48.81% | CIBC | Hamir Patel | $5 → $3.75 | Maintains | Neutral | Get Alert |
| 03/12/2024 | BLDP | Buy Now | Ballard Power Systems | $2.52 | 19.05% | BMO Capital | Ameet Thakkar | $3.25 → $3 | Maintains | Underperform | Get Alert |
| 03/12/2024 | BLDP | Buy Now | Ballard Power Systems | $2.52 | 19.05% | Susquehanna | Biju Perincheril | $4 → $3 | Maintains | Neutral | Get Alert |
| 03/12/2024 | BLDP | Buy Now | Ballard Power Systems | $2.52 | 62.7% | HSBC | Samantha Hoh | $4.5 → $4.1 | Maintains | Buy | Get Alert |
| 03/12/2024 | BLDP | Buy Now | Ballard Power Systems | $2.52 | 38.89% | Wells Fargo | Praneeth Satish | $4 → $3.5 | Maintains | Underweight | Get Alert |
| 11/13/2023 | BLDP | Buy Now | Ballard Power Systems | $2.52 | 38.89% | Truist Securities | Jordan Levy | $4 → $3.5 | Maintains | Hold | Get Alert |
| 11/13/2023 | BLDP | Buy Now | Ballard Power Systems | $2.52 | 38.89% | Wells Fargo | Praneeth Satish | $5 → $3.5 | Maintains | Underweight | Get Alert |
| 11/08/2023 | BLDP | Buy Now | Ballard Power Systems | $2.52 | 58.73% | Susquehanna | Biju Perincheril | $5 → $4 | Maintains | Neutral | Get Alert |
| 11/06/2023 | BLDP | Buy Now | Ballard Power Systems | $2.52 | 58.73% | Truist Securities | Bronson Fleig | $5 → $4 | Maintains | Hold | Get Alert |
| 10/24/2023 | BLDP | Buy Now | Ballard Power Systems | $2.52 | — | HSBC | Samantha Hoh | — | Upgrade | Hold → Buy | Get Alert |
| 10/10/2023 | BLDP | Buy Now | Ballard Power Systems | $2.52 | 68.65% | UBS | Manav Gupta | $6.5 → $4.25 | Maintains | Neutral | Get Alert |
| 08/14/2023 | BLDP | Buy Now | Ballard Power Systems | $2.52 | 98.41% | Susquehanna | Biju Perincheril | $5.5 → $5 | Maintains | Neutral | Get Alert |
| 06/27/2023 | BLDP | Buy Now | Ballard Power Systems | $2.52 | 58.73% | B. Riley Securities | Christopher Souther | $6 → $4 | Downgrade | Buy → Neutral | Get Alert |
| 06/15/2023 | BLDP | Buy Now | Ballard Power Systems | $2.52 | 138.1% | Scotiabank | Justin Strong | $6.75 → $6 | Maintains | Sector Perform | Get Alert |
| 06/14/2023 | BLDP | Buy Now | Ballard Power Systems | $2.52 | 118.25% | Susquehanna | Biju Perincheril | $4.5 → $5.5 | Maintains | Neutral | Get Alert |
| 06/14/2023 | BLDP | Buy Now | Ballard Power Systems | $2.52 | 98.41% | Wells Fargo | Praneeth Satish | → $5 | Reiterates | Underweight → Underweight | Get Alert |
FAQ
What is the target price for Ballard Power Systems (BLDP)?
The latest price target for Ballard Power Systems (NASDAQ: BLDP) was reported by Raymond James on March 13, 2024. The analyst firm set a price target for $4.00 expecting BLDP to rise to within 12 months (a possible 58.73% upside). 22 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 Raymond James, and Ballard Power Systems maintained their market perform 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 March 13, 2024 so you should expect the next rating to be made available sometime around March 13, 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 $4.50 to $4.00. The current price Ballard Power Systems (BLDP) is trading at is $2.52, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.