Ballard Power Systems Inc. (BLDP)Industrials | Electrical Equipment & Parts | Burnaby, Canada | NasdaqGM
2.97 USD
+0.02
(0.678%)
⇧
(July 14, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 6:28 a.m. EDT
Ballard Power Systems presents a classic value trap where the business story has stalled despite a technically attractive price-to-book ratio. While the company recently announced the acquisition of GeoPura to build an integrated hydrogen ecosystem, the financial reality is stark: the stock has lost nearly half its value over the last five years, with five consecutive years of negative annual returns. Fundamentals are deteriorating, evidenced by negative free cash flow, negative operating margins, and a forward P/E that implies perpetual losses. The balance sheet, while showing low debt relative to equity, is propped up by significant cash reserves that are being burned through operations. The lack of a dividend and the aggressive selling pressure seen in the options chain—where traders are buying insurance against further declines rather than betting on a recovery—confirms that the market views this as a distressed asset. Until the company demonstrates a path to profitability or a clear turnaround in cash generation, the risk of permanent capital loss outweighs the potential for a speculative rebound. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.180807 |
| AutoETS | 0.193305 |
| AutoARIMA | 0.194735 |
| AutoTheta | 0.205329 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 36% |
| H-stat | 3.34 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.539 |
| Excess Kurtosis | -0.63 |
| Attribute | Value |
|---|---|
| Sector | Industrials |
| Debt to Equity Ratio | 3.621 |
| Revenue per Share | 0.344 |
| Market Cap | 895,383,232 |
| Forward P/E | -18.99 |
| Beta | 1.93 |
| Profit Margins | -78.60% |
| Website | https://www.ballard.com |
As of July 11, 2026, 6:28 a.m. EDT: Speculators are overwhelmingly positioning for downside protection rather than upside participation. Call open interest is heavily skewed toward out-of-the-money strikes ($5.00 and $6.00), suggesting speculative bets on a rally that the market currently doubts will happen. Conversely, put open interest is concentrated near the money and slightly out-of-the-money ($3.00 and $4.00), indicating a strong hedging demand or bearish conviction that the stock will struggle to reclaim higher levels. Implied volatility remains elevated, reflecting uncertainty about the outcome of the recent acquisition and earnings reports.
| Attribute | Value |
|---|---|
| 52 Week Change | 0.57754016 |
| Address1 | 9,000 Glenlyon Parkway |
| All Time High | 144.9375 |
| All Time Low | 0.56 |
| Ask | 2.97 |
| Ask Size | 2 |
| Audit Risk | 1 |
| Average Analyst Rating | 2.9 - Hold |
| Average Daily Volume10 Day | 6,076,060 |
| Average Daily Volume3 Month | 8,925,514 |
| Average Volume | 8,925,514 |
| Average Volume10Days | 6,076,060 |
| Beta | 1.928 |
| Bid | 2.94 |
| Bid Size | 24 |
| Board Risk | 4 |
| Book Value | 1.917 |
| City | Burnaby |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 1 |
| Country | Canada |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 2.97 |
| Current Ratio | 10.702 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 3.08 |
| Day Low | 2.94 |
| Debt To Equity | 3.621 |
| Display Name | Ballard Power Systems |
| Earnings Call Timestamp End | 1,785,528,000 |
| Earnings Call Timestamp Start | 1,785,528,000 |
| Earnings Timestamp | 1,785,501,000 |
| Earnings Timestamp End | 1,785,501,000 |
| Earnings Timestamp Start | 1,785,501,000 |
| Ebitda | -64,556,000 |
| Ebitda Margins | -0.62432 |
| Enterprise To Ebitda | -6.126 |
| Enterprise To Revenue | 3.824 |
| Enterprise Value | 395,450,272 |
| Eps Current Year | -0.1653 |
| Eps Forward | -0.15636 |
| Eps Trailing Twelve Months | -0.27 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fax | 604 412 4700 |
| Fifty Day Average | 4.4132 |
| Fifty Day Average Change | -1.4431999 |
| Fifty Day Average Change Percent | -0.32701892 |
| Fifty Two Week Change Percent | 57.754017 |
| Fifty Two Week High | 6.57 |
| Fifty Two Week High Change | -3.6000001 |
| Fifty Two Week High Change Percent | -0.5479452 |
| Fifty Two Week Low | 1.7 |
| Fifty Two Week Low Change | 1.27 |
| Fifty Two Week Low Change Percent | 0.7470588 |
| Fifty Two Week Range | 1.7 - 6.57 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 815,841,000,000 |
| Float Shares | 270,248,981 |
| Forward Eps | -0.15636 |
| Forward P E | -18.994627 |
| Free Cashflow | -29,806,124 |
| Full Exchange Name | NasdaqGM |
| Full Time Employees | 492 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,782,864,000 |
| Gross Margins | 0.11444 |
| Gross Profits | 11,833,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.10354 |
| Held Percent Institutions | 0.32884997 |
| Implied Shares Outstanding | 301,475,849 |
| Industry | Electrical Equipment & Parts |
| Industry Disp | Electrical Equipment & Parts |
| Industry Key | electrical-equipment-parts |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 896,832,000 |
| Last Split Factor | 3:1 |
| Long Business Summary | Ballard Power Systems Inc. engages in the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cell products. The company offers products for various applications focusing on power products for bus, truck, rail, marine, stationary, and emerging market, such as material handling, off-road, and other applications. It also engages in the delivery of services, including technology solutions, after sales services, and training, as well as offers engineering and technology transfer services. The company operates in the United States, Poland, Canada, Germany, the United Kingdom, Egypt, Spain, China, the Netherlands, Denmark, France, and internationally. Ballard Power Systems Inc. was founded in 1979 and is headquartered in Burnaby, Canada. |
| Long Name | Ballard Power Systems Inc. |
| Market | us_market |
| Market Cap | 895,383,232 |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_25395 |
| Most Recent Quarter | 1,774,915,200 |
| Net Income To Common | -81,270,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 891,877,555 |
| Number Of Analyst Opinions | 9 |
| Open | 3.03 |
| Operating Cashflow | -39,575,000 |
| Operating Margins | -0.67314005 |
| Overall Risk | 1 |
| Payout Ratio | 0.0 |
| Peg Ratio | 3.52 |
| Phone | 604 454 0900 |
| Pre Market Change | 0.029999971 |
| Pre Market Change Percent | 1.0101 |
| Pre Market Price | 3.0 |
| Pre Market Time | 1,784,110,573 |
| Previous Close | 2.95 |
| Price Eps Current Year | -17.967333 |
| Price Hint | 4 |
| Price To Book | 1.5492958 |
| Price To Sales Trailing12 Months | 8.659245 |
| Profit Margins | -0.78596 |
| Quick Ratio | 9.852 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | hold |
| Recommendation Mean | 2.91667 |
| Region | US |
| Regular Market Change | 0.01999998 |
| Regular Market Change Percent | 0.67796546 |
| Regular Market Day High | 3.08 |
| Regular Market Day Low | 2.94 |
| Regular Market Day Range | 2.94 - 3.08 |
| Regular Market Open | 3.03 |
| Regular Market Previous Close | 2.95 |
| Regular Market Price | 2.97 |
| Regular Market Time | 1,784,059,201 |
| Regular Market Volume | 3,132,118 |
| Return On Assets | -0.05702 |
| Return On Equity | -0.13196 |
| Revenue Growth | 0.262 |
| Revenue Per Share | 0.344 |
| Sand P52 Week Change | 0.20365608 |
| Sector | Industrials |
| Sector Disp | Industrials |
| Sector Key | industrials |
| Share Holder Rights Risk | 2 |
| Shares Outstanding | 301,475,849 |
| Shares Percent Shares Out | 0.08189999 |
| Shares Short | 24,683,785 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 21,206,521 |
| Short Name | Ballard Power Systems, Inc. |
| Short Percent Of Float | 0.08189999 |
| Short Ratio | 2.95 |
| Source Interval | 15 |
| State | BC |
| Symbol | BLDP |
| Target High Price | 6.5 |
| Target Low Price | 2.1 |
| Target Mean Price | 4.43889 |
| Target Median Price | 4.25 |
| Total Cash | 520,862,016 |
| Total Cash Per Share | 1.728 |
| Total Debt | 20,929,000 |
| Total Revenue | 103,402,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.27 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 3.18655 |
| Two Hundred Day Average Change | -0.21654987 |
| Two Hundred Day Average Change Percent | -0.06795747 |
| Type Disp | Equity |
| Volume | 3,132,118 |
| Website | https://www.ballard.com |
| Zip | V5J 5J8 |