Ballard Power Systems Inc.
BLDP | NASDAQ
$2.22
+$0.05 (+2.30%)
At close: Sep 21, 2026, 4:00 PM ET
$2.28
+$0.06 (+2.90%)
Pre-market:
Sep 22, 2026, 5:56 AM ET
Market Data
Market Cap $654.2M
Enterprise Value $184.4M
Beta 1.88
Average Volume 7.59M
Shares Outstanding (Diluted) 301.49M
Shares Change YoY 0.55%
Institutional Ownership 29.76%
Exchange NASDAQ
ISIN CA0585861085
Price Performance
Price Change 1M -6.7%
Price Change 3M -46.8%
Price Change 6M -12.6%
Price Change YTD -17.2%
Price Change 1Y -22.9%
Price Change 3Y -39.2%
Price Change 5Y -84.9%
1M CAGR (ann.) -14.9%
1Y CAGR (ann.) -13.9%
5Y CAGR (ann.) -32.3%
All-Time CAGR -5.8%
Valuation
PE Ratio -8.54
Forward PE N/A
PEG Ratio -0.07
Forward PEG 0.27
PS Ratio 6.34
Forward PS 4.40
PB Ratio 1.20
P/FCF Ratio -18.23
P/Adj. FCF Ratio -17.79
P/OCF Ratio -22.20
EV/Sales 1.75
EV/EBIT -2.71
EV/EBITDA -2.88
EV/FCF -5.02
Earnings Yield -11.7%
FCF Yield -5.5%
Adj. FCF Yield -5.6%
Financial Health
Net Cash $501.14M
Total Debt $19.67M
Cash & Short-Term Investments $504.54M
Total Assets $643.12M
Current Ratio 11.19
Quick Ratio 10.36
Debt / Equity Ratio 0.04
Debt / EBITDA -0.31
Debt / FCF -0.54
OCF / Debt -1.53
Interest Coverage -38.32
Altman Z-Score 0.70
Piotroski F-Score 5
Margins & Profitability
Gross Profit Margin 16.4%
Operating Profit Margin -63.7%
EBITDA Margin -60.5%
Net Profit Margin -72.7%
FCF Margin -34.8%
Adj. FCF Margin -35.6%
SBC / Revenue 2.8%
SBC Impact (per share) -2.4%
Returns
Return on Assets -11.9%
Return on Equity -13.2%
Return on Invested Capital -11.3%
Return on Capital Employed -11.4%
Return on Tangible Assets -11.9%
Historical Growth (CAGR)
Revenue CAGR 3Y 14.5%
Revenue CAGR 5Y 1.8%
Revenue CAGR 10Y 4.2%
EPS CAGR 3Y 30.3%
EPS CAGR 5Y 1.7%
EPS CAGR 10Y -19.6%
FCF CAGR 3Y 45.1%
FCF CAGR 5Y 22.7%
FCF CAGR 10Y -14.0%
Analyst Forecasts
Analyst Rating Hold
Analyst Count 26
EPS Growth Next 3Y 20.5%
Revenue Growth Next 3Y 24.4%
Earnings Date Nov 11, 2026
EPS Estimate (next Q) -$0.04
EPS Growth Est (next Q) -55.6%
Revenue Est (next Q) $29.44M
Revenue Growth Est (next Q) -9.4%
Fair Value Estimates
Graham Number N/A
Graham Upside N/A
Lynch Fair Value N/A
Lynch Upside N/A
Price Target $3.33
Price Target Upside 50.0%
Cash Flow
Operating Cash Flow $-30.08M
Free Cash Flow $-36.72M
Adj. Free Cash Flow $-37.61M
FCF Per Share -$0.12
OCF Per Share -$0.10
OCF/S Ratio -28.8%
Income Statement
Revenue $105.63M
Gross Profit $17.3M
Operating Income $-67.26M
EBITDA $-63.93M
Net Income $-76.75M
EPS (Diluted) -$0.26
Revenue / Employee $214.71K
Profit / Employee $-156K
Employees 492
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