Key Highlights:
- Ballard Power Systems (BLDP, Financial) anticipates a 21.4% improvement in EPS for Q1.
- Analyst consensus implies a potential upside of 46.51% with a price target of $1.86.
- GF Value projects a substantial 355.91% upside, indicating potential undervaluation.
Ballard Power Systems Q1 Earnings Preview
Ballard Power Systems (BLDP) is set to announce its first-quarter earnings on May 6th, prior to the market opening. Analysts predict an EPS of -$0.11, reflecting a year-over-year improvement of 21.4%, alongside a revenue forecast of $16.73 million, marking a 15.4% increase. Historically, BLDP has exceeded earnings predictions 38% of the time and revenue forecasts 25% of the time, which could suggest potential surprises this quarter.
Wall Street Analysts' Perspective
According to the average one-year price targets from 14 analysts, Ballard Power Systems Inc (BLDP, Financial) has an average target price of $1.86. This target spans a high estimate of $5.00 and a low of $1.00, suggesting an upside potential of 46.51% from the current trading price of $1.27. For more in-depth estimates, visit the Ballard Power Systems Inc (BLDP) Forecast page.
Brokerage Recommendations
The consensus among 17 brokerage firms gives Ballard Power Systems Inc (BLDP, Financial) an average recommendation of 3.2, indicating a "Hold" status. This rating is on a scale from 1 to 5, where 1 represents a Strong Buy and 5 signifies a Sell, reinforcing the market's mixed outlook on BLDP.
Understanding the GF Value Estimate
GuruFocus' estimates indicate that the GF Value for Ballard Power Systems Inc (BLDP, Financial) in one year is projected to be $5.79. This figure suggests a potential upside of 355.91% from the current price of $1.27, signifying that the stock may be significantly undervalued. The GF Value is calculated using historical multiples, past business growth, and future business performance estimates. To explore more detailed data, visit the Ballard Power Systems Inc (BLDP) Summary page.
