What is Cormark’s Estimate for BLDP Q2 Earnings?

Ballard Power Systems Inc. (NASDAQ:BLDP) (TSE:BLD) – Investment analysts at Cormark issued their Q2 2026 earnings estimates for shares of Ballard Power Systems in a research report issued on Friday, March 14th. Cormark analyst M. Whale forecasts that the technology company will post earnings per share of ($0.11) for the quarter. The consensus estimate for Ballard Power Systems’ current full-year earnings is ($0.54) per share. Cormark also issued estimates for Ballard Power Systems’ FY2026 earnings at ($0.39) EPS.

Several other analysts have also issued reports on BLDP. BMO Capital Markets decreased their price target on shares of Ballard Power Systems from $1.30 to $1.20 and set an “underperform” rating on the stock in a research report on Friday. National Bankshares decreased their price target on shares of Ballard Power Systems from $2.60 to $2.00 and set a “sector perform” rating on the stock in a research report on Friday. HSBC decreased their price target on shares of Ballard Power Systems from $1.90 to $1.40 and set a “hold” rating on the stock in a research report on Friday. TD Cowen upgraded shares of Ballard Power Systems to a “strong sell” rating in a research report on Monday, January 13th. Finally, Roth Mkm decreased their price target on shares of Ballard Power Systems from $1.75 to $1.25 and set a “neutral” rating on the stock in a research report on Friday. Six analysts have rated the stock with a sell rating, ten have issued a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $2.31.

Ballard Power Systems Stock Performance

Shares of BLDP opened at $1.35 on Monday. The company has a market capitalization of $404.24 million, a PE ratio of -1.23 and a beta of 1.75. Ballard Power Systems has a one year low of $1.08 and a one year high of $3.38. The company has a debt-to-equity ratio of 0.03, a current ratio of 9.01 and a quick ratio of 8.19. The company’s fifty day moving average price is $1.42 and its 200 day moving average price is $1.54.

Hedge Funds Weigh In On Ballard Power Systems

Several institutional investors have recently added to or reduced their stakes in BLDP. Banque Cantonale Vaudoise lifted its holdings in Ballard Power Systems by 7.7% during the 3rd quarter. Banque Cantonale Vaudoise now owns 190,433 shares of the technology company’s stock valued at $343,000 after purchasing an additional 13,639 shares during the last quarter. Penserra Capital Management LLC lifted its holdings in Ballard Power Systems by 52.6% during the 3rd quarter. Penserra Capital Management LLC now owns 959,941 shares of the technology company’s stock valued at $1,727,000 after purchasing an additional 330,815 shares during the last quarter. DRW Securities LLC lifted its holdings in Ballard Power Systems by 2,097.1% during the 3rd quarter. DRW Securities LLC now owns 333,322 shares of the technology company’s stock valued at $600,000 after purchasing an additional 318,151 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in Ballard Power Systems by 79.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 436,689 shares of the technology company’s stock valued at $786,000 after purchasing an additional 193,658 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund lifted its holdings in Ballard Power Systems by 8.8% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 344,589 shares of the technology company’s stock valued at $620,000 after purchasing an additional 27,787 shares during the last quarter. 28.02% of the stock is owned by institutional investors.

Ballard Power Systems Company Profile

Ballard Power Systems Inc engages in the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cell products. The company offers its products for power product comprising for bus, truck, rail, marine, stationary, and emerging market, such as material handling, off-road, and other applications.