Why is Bldp stock dropping?

Does Ballard Power Systems pay a dividend?

Shares of hydrogen-fuel-cell technology company Ballard Power Systems are down after catching a downgrade on Monday.Feb 7, 2022

No, Ballard does not pay dividends.

USD 26.68 1.44 5.71%

Allowing for the 90-day total investment horizon and your above-average risk tolerance, our recommendation regarding Bloom Energy Corp is 'Buy'.

Bloom Energy Corp (NYSE:BE)

The 18 analysts offering 12-month price forecasts for Bloom Energy Corp have a median target of 31.50, with a high estimate of 40.00 and a low estimate of 20.00. The median estimate represents a +21.79% increase from the last price of 25.87.

Ballard supplies fuel cell stacks to systems integrators and material handling equipment manufacturers for integration into Class 1, 2 and 3 forklifts. Ballard is supplying to Plug Power Inc., which holds the largest share of the fuel cell material handling equipment market, having deployed more than 30,000 units.

Stock Price Forecast

The 19 analysts offering 12-month price forecasts for Ballard Power Systems Inc have a median target of 9.00, with a high estimate of 32.00 and a low estimate of 5.00. The median estimate represents a +20.00% increase from the last price of 7.50.

On average, Wall Street analysts predict that Ballard Power Systems's share price could reach $10.67 by Jun 8, 2023. The average Ballard Power Systems stock price prediction forecasts a potential upside of 40.17% from the current BLDP share price of $7.61.

BLDP has an overall F rating, which translates to Strong Sell in our POWR Ratings system. The POWR Ratings are calculated by considering 118 distinct factors, with each factor weighted to an optimal degree. Our proprietary rating system also evaluates each stock based on eight distinct categories.

On average, Wall Street analysts predict that Ballard Power Systems's share price could reach $10.67 by Jun 8, 2023. The average Ballard Power Systems stock price prediction forecasts a potential upside of 40.17% from the current BLDP share price of $7.61.

image-Why is Bldp stock dropping?
image-Why is Bldp stock dropping?
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Is Ballard Power profitable?
Ballard Power Systems isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. Shareholders of unprofitable companies usually expect strong revenue growth.3 days ago
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Should I invest in Ballard?
The financial health and growth prospects of BLDP, demonstrate its potential to underperform the market. It currently has a Growth Score of F. Recent price changes and earnings estimate revisions indicate this would not be a good stock for momentum investors with a Momentum Score of D.
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Is Ballard a chinese company?
The company is registered as a wholly foreign-owned enterprise (WFOE) with the name of 广州市巴拉德动力系统有限公司 (Guangzhou Ballard Power Systems Co., Ltd.).
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Is Bloom Energy or Ballard Power Systems the better buy?
  • Well, two of the leading fuel cell companies, Ballard Power Systems ( BLDP -5.11%) and Bloom Energy ( BE -4.17%), are working hard to make sure it's the former. Let's take a look at both of them to see which one is the better buy. Hydrogen fuel cells could be a top source for green energy, but they have a long way to go. Image source: Getty Images.
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Why choose Ballard Blossom?
  • Ballard Blossom has been lucky enough to be the premier florist in Seattle since 1927 -- as well as the largest florist in all of the Northwest -- serving the greater Seattle area with the freshest flowers and prettiest bouquets ever since.
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What's the difference between Bloom and Ballard's cars?
  • For Ballard, it's from battery technology, which has eclipsed fuel cell technology over the past decade, and is far more widespread in passenger vehicles. For Bloom, it's solar and wind power that are not only more widespread, but don't rely on fossil fuels at all.
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Is Ballard Power Systems a profitable stock?
  • Ballard Power Systems, which has been around since the '90s, hasn't had a profitable quarter since 2015 (and has only had four since 2000). Bloom, which only went public last year, has never generated a quarterly profit.