Roth Capital analyst Craig Irwin has maintained a Neutral rating on Ballard Power Systems (BLDP) but raised the price target from $1.25 to $1.80, a 44% increase. This update was released on August 12, 2025. The average target price from 13 analysts is $1.66, with a high estimate of $3.50 and a low estimate of $1.00. The average brokerage recommendation is 3.3, indicating a "Hold" status.
Ballard Power Systems Inc. (BLDP) reported its financial results for the second quarter of 2025, revealing a narrower-than-expected loss per share but falling short on revenue expectations. The company posted an earnings per share (EPS) of -$0.08, slightly better than the forecasted -$0.09. However, the revenue of $17.8 million missed the anticipated $18.69 million, leading to a pre-market stock price drop of 1.67% to $1.77 [1].
Despite the revenue miss, Ballard's EPS beat forecasts, showing a minor improvement. The company's restructuring efforts are set to reduce costs by 30%, with a focus on the Heavy Duty Mobility Market, which contributed $16.1 million to the total revenue of $17.8 million [1].
The stock price decreased by 1.67% in pre-market trading, reflecting investor concerns over the revenue miss despite the slight EPS beat. InvestingPro data shows the stock has shown strong momentum with a 36.36% return over the past six months, though price movements remain notably volatile with a beta of 1.78 [1].
On August 12, 2025, Roth Capital analyst Craig Irwin maintained a Neutral rating on Ballard Power Systems but raised the price target from $1.25 to $1.80, a 44% increase. The average target price from 13 analysts is $1.66, with a high estimate of $3.50 and a low estimate of $1.00. The average brokerage recommendation is 3.3, indicating a "Hold" status [2].
Ballard Power Systems is targeting a cash flow-positive position by 2027, with a strategic focus on rail, marine, bus, and material handling markets. The company plans to host a Capital Markets Day in 2026 and anticipates full-year capital expenditures at the lower end of guidance ranges [1].
References:
[1] https://www.investing.com/news/transcripts/earnings-call-transcript-ballard-power-systems-q2-2025-sees-revenue-miss-stock-dips-93CH-4183418
[2] https://www.investing.com/news/transcripts/earnings-call-transcript-ballard-power-systems-q2-2025-sees-revenue-miss-stock-dips-93CH-4183418
Comments
No comments yet