Ballard Power Systems Inc. (BLDP)

Watch
Watch: institutions added to positions last quarter
$2.25
Last close
+10.8%
1-year return
BLDP Bull Case vs. Bear Case

A data-driven read of BLDP's strengths and risk factors, built from its financials, earnings history, analyst activity, and insider trading, not opinion or speculation.

Strengths
Currently in a volatility squeeze, short-term volatility compressed well below its longer-term level, which has historically preceded larger moves.
Watch Items
Beats EPS (67%) far more often than revenue (22%), worth checking whether EPS beats lean on cost-cutting or buybacks rather than real demand.
Largest EPS miss on record is -438.9%.
Analyst coverage has shrunk, down 33% from earlier in the history on record.
Who's Bullish on BLDP, and Who Isn't

Five independent market signals, analysts, institutions, insiders, short sellers, and price trend, each scored from real, current data. See exactly where the smart money agrees, and where it's split.

Signals are mixed: 2 of 4 available lean bullish, 1 lean bearish.

Institutions
7.30M shares net this 13F cycle
Insiders
No activity on record
Analysts
Hold consensus, 5 analysts
Short Sellers
Short interest falling, 1 straight reports
Price Trend
Downtrend, price below a falling 50-day average
BLDP's Biggest Trading Days

Every trading day in the last 2 years where BLDP moved 4% or more in a single session, most recent first, a quick read on how volatile this stock has really been. See full daily price history →

DateMoveClose
Aug 24, 2026-4.58%$2.29
Aug 20, 2026-5.20%$2.37
Jul 31, 2026-4.30%$2.67
Jul 30, 2026+11.60%$2.79
Jul 29, 2026-6.72%$2.50
Jul 28, 2026-6.62%$2.68
Jul 22, 2026+4.73%$3.10
Jul 21, 2026+6.86%$2.96
Jul 16, 2026-8.03%$2.75
Jul 13, 2026-4.22%$2.95
Jul 10, 2026-4.64%$3.08
Jul 7, 2026-5.49%$3.27
Jul 2, 2026-7.61%$3.52
Jun 30, 2026+4.29%$3.89
Jun 24, 2026-11.51%$3.69
Jun 18, 2026+5.05%$4.37
Jun 10, 2026-7.59%$4.38
Jun 9, 2026-8.14%$4.74
Jun 8, 2026+4.88%$5.16
Jun 5, 2026-18.95%$4.92
Jun 3, 2026-5.02%$6.06
May 26, 2026+7.22%$5.94
May 21, 2026+14.08%$5.43
May 20, 2026+13.88%$4.76
May 15, 2026+7.75%$4.45

Showing the 25 most recent of 151 on record. Full history is on the Price Insights page.

The BLDP Timeline: Earnings, Insider Trades & Analyst Calls

Every major event from the past 12 months, earnings reports, insider transactions, and analyst upgrades or downgrades, merged into a single chronological feed so you can see what clustered together.

RAug 3, 2026HSBC Securities: UpgradeBuy
EJul 31, 2026Q2 '26 earnings: missed EPS-58.4% surprise
RMay 5, 2026Lake Street: UpgradeBuy
EMay 5, 2026Q1 '26 earnings: beat EPS+32.3% surprise
EMar 12, 2026Q4 '25 earnings: beat EPS+25.9% surprise
RJan 9, 2026TD Cowen: DowngradeHold
ENov 13, 2025Q3 '25 earnings: beat EPS+16.6% surprise
Sector
Industrials
Industry
Electrical Equipment & Parts
Exchange
NASDAQ

Ballard Power Systems Inc. engages in the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cell products. The company offers products for various applications focusing on power products for bus, truck, rail, marine, stationary, and emerging market, such as material handling, off-road, and other applications. It also engages in the delivery of services, including technology solutions, after sales services, and training, as well as offers engineering and technology transfer services. The company operates in the United States, Poland, Canada, Germany, the United Kingdom, Egypt, Spain, China, the Netherlands, Denmark, France, and internationally. Ballard Power Systems Inc. was founded in 1979 and is headquartered in Burnaby, Canada.

9000 Glenlyon Parkway, Burnaby, BC, V5J 5J8, Canada, 604 454 0900

BLDP By the Numbers

A complete statistical profile built from BLDP's full price, financial, and ownership history, not an isolated snapshot. Explore any category in depth below.

Price & Momentum
Full price insights →
Volatility regime
Right around normal
52-week range position
9%
Trend
Downtrend, price below a falling 50-day average
Current streak
1d down
View full historical prices →
Earnings
Full earnings history →
EPS beat rate
+67%
Current streak
1q miss
Analyst Coverage
Full analyst ratings →
Consensus
Hold
Avg target upside
+53.9%
Target agreement
Wide disagreement
Short Interest
Full short interest →
Shares short
16.6M
Days-to-cover percentile
24th
Days to cover
2.2
Institutional Ownership
Full institutional holders →
Total holders
117
Net flow this cycle
$6.58M
Top 10 concentration
+82%
This overview draws together BLDP's price action, fundamentals, and market activity into one view, click through any section above for the full underlying analysis. The bull/bear breakdown and agreement matrix combine independently-sourced signals and are not a recommendation; any single signal can be wrong, and agreement between them is not a guarantee of future performance. This is historical data, not investment advice. Read disclaimer →