Ballard Power Systems Inc. (BLDP) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · Nasdaq
Ballard Power Systems Inc. (BLDP) stock forecast summary
Our AI ranks Ballard Power Systems Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
Ballard Power Systems Inc. is a small-cap company with a market capitalization of $472M. It ranks number 6 by market capitalization among the 10 Electrical Industrial Apparatus issuers in our coverage with a current forecast.
For BLDP, the Spearman rank correlation between our 90-day forecasts and the returns that followed is -48.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -10.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.8%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
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How BLDP ranks among 5184 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Ballard Power Systems Inc. (BLDP) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Electrical Industrial Apparatus peers listed below that report each metric.
Valuation & Market
| Metric | BLDP | Rank |
|---|---|---|
| Market Cap | $472M | 6/10 |
| EPS | $-2.55 | – |
| FCF/Share | $-1.70 | – |
Profitability & Margins
| Metric | BLDP | Rank |
|---|---|---|
| ROIC | -97.9% | 5/5 |
| Tax Rate | 0.4% | – |
Financial Health
| Metric | BLDP | Rank |
|---|---|---|
| Current Ratio | 9.86x | 2/10 |
| Quick Ratio | 9.14x | 1/9 |
| Working Capital | $540M | 5/10 |
Cash Flow
| Metric | BLDP | Rank |
|---|---|---|
| Operating Cash Flow | -$401M | 8/9 |
| Free Cash Flow | -$512M | 7/8 |
| Capital Spending | -$111M | 7/8 |
Operational Efficiency
| Metric | BLDP | Rank |
|---|---|---|
| Inventory Turnover | 9.3x | 1/7 |
| Days Inventory | 39 days | 7/7 |
| Payables Period | 26 days | 6/7 |
Income Statement
| Metric | BLDP | Rank |
|---|---|---|
| Operating Income | -$609M | 6/8 |
| R&D Expense | $347M | 1/8 |
| Cost of Goods Sold | $407M | 4/8 |
Dividend & Shareholder Information
| Metric | BLDP | Rank |
|---|---|---|
| Shares Outstanding | 301M | – |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $601M | |
| Cash & Short-term Investments | $527M | |
| Accounts Receivable | $24M | |
| Inventory | $44M | |
| Total Liabilities | $92M | |
| Short-term Debt | $32M |
BLDP quarterly financials and insider trading
Ballard Power Systems Inc. (BLDP) industry peers
Companies classified under the same SEC industry code as Ballard Power Systems Inc. (Electrical Industrial Apparatus): 10 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| BLDP Ballard Power Systems Inc. | ▼ | $472M |
| BE Bloom Energy Corp | ▲ | $65.18B |
| WWD Woodward, Inc. | ▼ | $19.40B |
| FPS Forgent Power Solutions, Inc. | ▶ | $9.64B |
| PLUG Plug Power Inc | ▶ | $1.93B |
| FCEL Fuelcell Energy Inc | ▲ | $1.04B |
| EROC Erock, Inc. | ▶ | $448M |
| NPWR Net Power Inc. | ▶ | $225M |
| EAF Graftech International Ltd | ▲ | $185M |
| SCIA Sci Engineered Materials, Inc. | ▼ | $43M |
Where BLDP sits on the market map
Ballard Power Systems Inc. (BLDP) stock news
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Ballard Power Systems Inc. (BLDP) stock forecast FAQ
What is the Ballard Power Systems Inc. (BLDP) stock forecast?
Our AI ranks Ballard Power Systems Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
How accurate are Ballard Power Systems Inc. stock predictions?
For BLDP, the Spearman rank correlation between our 90-day forecasts and the returns that followed is -48.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -10.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Ballard Power Systems Inc. forecasts updated?
Ballard Power Systems Inc. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Ballard Power Systems Inc.'s industry peers?
10 issuers in our coverage, BLDP included, share the SEC industry code Electrical Industrial Apparatus. The largest are: Bloom Energy Corp (BE), Woodward, Inc. (WWD), Forgent Power Solutions, Inc. (FPS), Plug Power Inc (PLUG), Fuelcell Energy Inc (FCEL), Erock, Inc. (EROC).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.