On May 12, 2025, UBS analyst Manav Gupta updated the price target for Ballard Power Systems (BLDP, Financial), reducing it from the previous target of USD 2.00 to a new target of USD 1.40. This change reflects a 30% decrease in the price target. Despite the lowered price target, UBS maintains a "Neutral" rating for BLDP, consistent with the prior rating.
The adjustment in the price target comes as part of the regular review process, which considers various market and company-specific factors. The decision to maintain the "Neutral" rating indicates that UBS does not foresee significant upward or downward momentum for Ballard Power Systems (BLDP, Financial) in the near term.
Ballard Power Systems (BLDP, Financial) is listed on the NASDAQ exchange and continues to attract interest from investors focused on the renewable energy sector. Analysts and investors alike will be monitoring how Ballard Power Systems navigates the current market conditions and any strategic moves that could influence its stock performance.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 14 analysts, the average target price for Ballard Power Systems Inc (BLDP, Financial) is $1.85 with a high estimate of $5.00 and a low estimate of $1.00. The average target implies an upside of 31.89% from the current price of $1.40. More detailed estimate data can be found on the Ballard Power Systems Inc (BLDP) Forecast page.
Based on the consensus recommendation from 17 brokerage firms, Ballard Power Systems Inc's (BLDP, Financial) average brokerage recommendation is currently 3.2, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Ballard Power Systems Inc (BLDP, Financial) in one year is $5.19, suggesting a upside of 270.71% from the current price of $1.4. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Ballard Power Systems Inc (BLDP) Summary page.
