Ballard Power Systems (BLDP.TO) Stock Price

Ballard Power Systems Price

TSX·CLOSED
1.60
​
Market closed

Revenue has compounded at 3.8% per year over the past 19 years to 101.14 M USD. Ballard Power Systems's net margin stands at -91.4%, up from -109.5% several years earlier.

Ballard Power Systems stock price

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Ballard Power Systems business model & stock analysis

Ballard Power Systems Inc. is a Canadian company that focuses on the manufacturing and sale of fuel cells. The company was founded in 1979 by Geoffrey Ballard and is headquartered in Burnaby, British Columbia, Canada. Since its founding, the company has become one of the world's leading providers of fuel cell technology. Ballard Power Systems specializes in the development of fuel cells that can be used for electricity and heat generation. The fuel cells produced by Ballard Power Systems are environmentally friendly, efficient, and range from small mobile systems to large stationary systems. The company's products are used in various applications, from the telecommunications industry to transportation and power generation. Since its founding, the company has focused on developing fuel cells that are based on hydrogen. The fuel cell converts the fuel, in this case hydrogen, and oxygen into electricity and heat. This technology provides an alternative to conventional fuels such as diesel and gasoline, making it suitable for use in various applications. Ballard Power Systems has divided its business activities into three products: - Fuel cells for heavy-duty vehicles: This includes fuel cell systems for buses, trucks, and trains. Heavy-duty vehicles are typically large consumers of diesel and gasoline fuels. Through the use of hydrogen-based fuel cell technology, these vehicles can be operated in a much more environmentally friendly and efficient manner. - Fuel cell systems for ships: Ballard Power Systems is also specialized in the development of fuel cell systems for ships. Ships are also significant consumers of diesel and gasoline fuels. By using hydrogen-based fuel cell technology, ships can be operated in a much more environmentally friendly and efficient manner. - Fuel cells for aviation: Ballard Power Systems has also started developing fuel cell systems for aviation. Fuel cells can be used here to supply power to aircraft and drones. Ballard Power Systems has introduced a variety of products to the market in recent years, including the FCgen® HPS system, the FCveloCity® fuel cell system, and the FCmove™ train system. These products have helped establish the company as one of the world's leading providers of fuel cell systems. In summary, Ballard Power Systems Inc. plays a leading role in the development and manufacturing of hydrogen-based fuel cell systems. The company has introduced a variety of products to the market in recent years and has specialized in various applications in the areas of heavy-duty vehicles, ships, and aviation. Ballard Power Systems aims to improve the environmental friendliness and efficiency of vehicles and other applications through the use of fuel cell technology.

Frequently asked questions about Ballard Power Systems

The business model of Ballard Power Systems Inc revolves around the development and commercialization of proton exchange membrane fuel cell products. As a leading provider of clean energy solutions, Ballard Power Systems focuses on fuel cell technology to generate electricity efficiently and sustainably. Their products find applications in various industries, including transportation, backup power, and material handling. Ballard Power Systems aims to create a sustainable future by delivering reliable and innovative fuel cell solutions that contribute to reducing greenhouse gas emissions and promoting cleaner energy alternatives.

Ballard Power Systems Inc primarily operates in the clean energy and fuel cell industries. With innovative hydrogen fuel cell technology, the company is a global leader in providing sustainable power solutions for applications such as automotive, transportation, backup power systems, and beyond. Ballard Power Systems Inc's expertise in fuel cell technology enables it to contribute to the advancement of clean and environmentally friendly energy solutions. As a recognized industry player, Ballard Power Systems Inc's products and services continue to drive the transition towards a greener future.

The main competitors of Ballard Power Systems Inc in the market include Bloom Energy Corporation, FuelCell Energy, Inc., Plug Power Inc., and Cummins Inc.

Ballard Power Systems Inc. is a leading global provider of innovative clean energy solutions. Established in 1979, the company has a rich history in fuel cell technology development. Ballard specializes in the design, development, manufacture, and sale of proton exchange membrane fuel cell products. With a strong focus on sustainable mobility and power solutions, Ballard has become a pioneer in the industry. The company has a global footprint and collaborates with numerous industry partners to advance the adoption of clean energy solutions across various applications. Ballard Power Systems Inc. is committed to driving the transition to a more sustainable future through its advanced fuel cell technologies and expertise.

Ballard Power Systems Inc. has achieved several significant milestones throughout its history. Some of these milestones include pioneering the development of proton exchange membrane fuel cells (PEMFCs), which are widely regarded as the industry standard. The company has also demonstrated record-breaking fuel cell durability and high performance, enabling successful commercial deployments in various applications, such as buses, forklifts, and backup power systems. Ballard has forged strategic partnerships with leading automotive and technology companies, driving innovation and further market penetration. Furthermore, their fuel cell products have been deployed worldwide, making Ballard Power Systems Inc. a global leader in the hydrogen fuel cell industry.

Ballard Power Systems Inc is primarily present in several countries and regions. With its headquarters in Canada, the company has a significant presence in North America, including the United States. It has also expanded its reach to other regions such as Europe, Asia-Pacific, and China. Ballard Power Systems Inc has established partnerships and collaborations worldwide to strengthen its global footprint and tap into emerging markets. As a leading provider of fuel cell solutions, the company strives to serve customers across various industries and continues to expand its presence in key markets to drive sustainable innovation and growth.

Ballard Power Systems Inc represents values of innovation, sustainability, and excellence in the fuel cell industry. As a global leader in clean energy solutions, the company strives to create a sustainable future by developing and delivering fuel cell products that enable customers to reduce their environmental footprint. With a corporate philosophy focused on collaboration, integrity, and customer satisfaction, Ballard Power Systems Inc aims to meet the evolving needs of its diverse clientele. By consistently pushing the boundaries of fuel cell technology, the company is dedicated to providing efficient and reliable solutions for a wide range of applications across various industries.

9 analysts currently rate the Ballard Power Systems stock: 0 recommend buying, 3 holding and 6 selling. For 2026, analysts expect Ballard Power Systems to generate revenue of 108.66 M USD and earnings per share of -0.17 USD.

Converted at the current exchange rate, the Ballard Power Systems share trades at 1.43 EUR (1.60 USD).

The Ballard Power Systems share (BLDP.TO) is listed on 12 stock exchanges, including: NYSE (BLDP), London (0QY5.L), SIX (Zürich) (BLD.SW), Toronto (BLDP.TO), XETRA (PO0.DE), Frankfurt (PO0.F), München (PO0.MU), Stuttgart (PO0.SG).

Ballard Power Systems Inc is a Canadian company specializing in the development and manufacture of fuel cell systems. The business model includes various sectors, including automotive, buses, commercial vehicles, and stationary energy systems. The products offered by the company include fuel cell modules, fuel cell stacks, and complete fuel cell systems. In the automotive sector, Ballard Power Systems develops and manufactures fuel cell modules for use in electric vehicles. The company collaborates with automobile manufacturers and suppliers to develop fuel cell systems that meet the requirements and needs of the market. Ballard is also part of the Hydrogen Fuel Cell Electric Vehicle (FCEV) Initiative, a coalition of companies and governments working to promote fuel cell vehicles. In the buses sector, the company offers fuel cell propulsion systems for use in public transportation. These systems can be integrated into existing bus fleets and provide an emission-free way to make public transportation cleaner and quieter. Ballard Power Systems has collaborated with several companies to equip bus fleets worldwide with fuel cell propulsion. In the commercial vehicles sector, the company offers fuel cell propulsion systems for use in heavy commercial vehicles such as trucks, trains, and ships. These systems can be operated with hydrogen and provide a cost-effective and reliable alternative to conventional diesel engines. Ballard Power Systems collaborates with various companies and governments to promote the use of fuel cells in this field. In the stationary energy systems sector, the company offers fuel cell plants for use in power generation, such as for emergency power supplies or for integration into a smart grid. These systems can be operated with hydrogen and offer a clean and reliable alternative to conventional fossil fuels. Ballard Power Systems has already implemented several stationary energy systems and collaborates with governments and companies to promote the use of fuel cells in this field. Overall, Ballard Power Systems Inc is a specialist in fuel cell systems and continuously works to improve the technology and expand it to other applications. The company collaborates closely with governments, companies, and other organizations to promote the use of fuel cells and contribute to creating a more sustainable future.

The expected revenue of Ballard Power Systems is 108.66 M USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Ballard Power Systems is -50.21 M USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Ballard Power Systems is currently -9.58. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Ballard Power Systems stock.

The price-to-sales ratio (P/S) of Ballard Power Systems is currently 4.43. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Ballard Power Systems stock.

The Eulerpool Quality Score for Ballard Power Systems is 3/10.

The ISIN of Ballard Power Systems is CA0585861085. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Ballard Power Systems is A0RENB. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Ballard Power Systems is BLDP.TO. The ticker symbol is used to trade Ballard Power Systems shares on the stock exchange.

Fair ValueTerminal
1.39 USD
Over-/UndervaluationTerminal
Fairly valued
Sector
Industry
Electrical Equipment
Number of shares
Employees
Revenue per Employee
143,869.20 USD
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Website ballard.com
Country
Currency
USD
Initial public offering
Jun 15, 1993
ISIN
CA0585861085
Cusip
058586108
Sedol
2072717
Market capitalization
480.21 M USDSmall Cap
52-Week Range
PEG
0.50
P/E ratio
P/Ee 2026
-9.58
P/Ee 2027
-14.23
P/Ee 2028
-20.79
P/Ee 2029
-15.69
P/Ee 2030
-16.53
P/S
P/Se
4.43
EV/EBIT
6.76
P/B Ratio
0.82
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
-15.14 %
Last updated Oct 19, 2026, 2:37 PM

Ballard Power Systems Ticker

BERLIN · PO0.BEDÜSSELDORF · PO0.DUFRANKFURT · PO0.FHAMBURG · PO0.HMLONDON · 0QY5.LMUNICH · PO0.MUNASDAQ · BLDPNEW YORK · BLDPSIX · BLD.SWSTUTTGART · PO0.SGTSX · BLDP.TOXETRA · PO0.DE

Ballard Power Systems FIGI

BLDP:CN · BBG000BBJ9L9BLDP:CT · BBG000BBJBD3BLDP:CJ · BBG000BBJF62BLDP:TR · BBG000BBJG24BLDP:TX · BBG000BBJJ55BLDP:TA · BBG000BBJJH2BLDP:TG · BBG000BBJKB5BLDP:TK · BBG000BBJLV1PO0:GR · BBG000BDP723PO0:GF · BBG000BDP8J3PO0:GD · BBG000BDP8Z5PO0:GY · BBG000BDP9K9