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NASDAQIndustrialsElectrical Equipment & Parts
Latest quote
$2.37
+$0.03 · +1.28%
Ballard Power Systems Inc. specializes in the full lifecycle of proton exchange membrane (PEM) fuel cell technology, encompassing research, production, sales, and ongoing support. Their fuel cell offerings cater to various power applications, including heavy-duty transportation sectors like buses, trucks, trains, and marine vessels, as well as solutions for material handling equipment and critical backup power systems. Beyond products, Ballard extends its expertise through technology solutions, providing engineering services, technology transfer, and licensing its extensive intellectual property and core knowledge for diverse PEM fuel cell uses. They also deliver integrated hydrogen fuel cell powertrain and vehicle systems. The company maintains a broad international presence, with operations spanning numerous countries including China, Germany, the United States, the United Kingdom, Canada, Denmark, Norway, Belgium, Japan, France, Spain, Taiwan, Poland, India, Ukraine, and Sweden. A significant strategic partnership exists with Linamar Corporation, focused on jointly developing and marketing fuel cell powertrains and components designed for Class 1 and 2 vehicles across North America and Europe. Established in 1979, Ballard Power Systems Inc. is headquartered in Burnaby, Canada.
Previous close
$2.37
+$0.03 · +1.28%
Pre-market
$2.47
+$0.10 · +4.22%
Sep 9, 5:20 AM ET
Regular session · ET · Market data may be delayed.
GoAI Score
Hold
Valuation
70
Undervalued
Sentiment
61
Bullish
Risk
74
High Risk
Momentum
32
Weakening
Full GoAI research
Thesis, catalysts, evidence, and risk analysis.
Ballard Power Systems Inc. specializes in the full lifecycle of proton exchange membrane (PEM) fuel cell technology, encompassing research, production, sales, and ongoing support. Their fuel cell offerings cater to various power applications, including heavy-duty transportation sectors like buses, trucks, trains, and marine vessels, as well as solutions for material handling equipment and critical backup power systems. Beyond products, Ballard extends its expertise through technology solutions, providing engineering services, technology transfer, and licensing its extensive intellectual property and core knowledge for diverse PEM fuel cell uses. They also deliver integrated hydrogen fuel cell powertrain and vehicle systems. The company maintains a broad international presence, with operations spanning numerous countries including China, Germany, the United States, the United Kingdom, Canada, Denmark, Norway, Belgium, Japan, France, Spain, Taiwan, Poland, India, Ukraine, and Sweden. A significant strategic partnership exists with Linamar Corporation, focused on jointly developing and marketing fuel cell powertrains and components designed for Class 1 and 2 vehicles across North America and Europe. Established in 1979, Ballard Power Systems Inc. is headquartered in Burnaby, Canada.
Day range
Current $2.37
52-week range
Current $2.37
Profitability as a percentage of reported revenue.
Revenue
Operating income
Net income
| Metric (USD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 101.14M USD | 69.73M USD | 102.37M USD | 81.86M USD | 104.51M USD |
| Cost of goods sold | 98.71M USD | 91.71M USD | 124.2M USD | 95.17M USD | 90.49M USD |
| Gross profit | 2.4M USD | −21.98M USD | −21.83M USD | −13.31M USD | 14.01M USD |
| Research and development | 57.47M USD | 94.49M USD | 98.31M USD | 89.72M USD | 62.16M USD |
| Selling, general, and administrative | 26.5M USD | 37.02M USD | 38.98M USD | 38.89M USD | 37.88M USD |
| Operating expenses | 83.91M USD | 161.32M USD | 141.07M USD | 128.71M USD | 101.99M USD |
| Interest income | 24.96M USD | — | — | 18.83M USD | 3.71M USD |
| Interest expense | 1.94M USD | 2.15M USD | 1.21M USD | 1.21M USD | 1.28M USD |
| Depreciation and amortization | 4.13M USD | 11.97M USD | 13.53M USD | 13.77M USD | 9.67M USD |
| Operating income | −81.51M USD | −183.3M USD | −162.9M USD | −142.02M USD | −87.97M USD |
| Net income | −92.49M USD | −324.25M USD | −177.72M USD | −173.49M USD | −114.4M USD |
Company facts updated Sep 9, 2026.
Reported history and fiscal-year consensus
Reported history and fiscal-year consensus
Third-party consensus; not a GoAI recommendation.
Average target
$3.29
38.82% upside| Action | Effective date | Details | Record date | Payment date |
|---|---|---|---|---|
Stock split | Jun 3, 1998 | 3:1 | — | — |
Effective Jun 3, 1998
3:1
AI-generated and delayed market data for informational and educational purposes only. Not investment advice.
Regular session · ET · Market data may be delayed.
Ballard Power Systems Inc. specializes in the full lifecycle of proton exchange membrane (PEM) fuel cell technology, encompassing research, production, sales, and ongoing support. Their fuel cell offerings cater to various power applications, including heavy-duty transportation sectors like buses, trucks, trains, and marine vessels, as well as solutions for material handling equipment and critical backup power systems. Beyond products, Ballard extends its expertise through technology solutions, providing engineering services, technology transfer, and licensing its extensive intellectual property and core knowledge for diverse PEM fuel cell uses. They also deliver integrated hydrogen fuel cell powertrain and vehicle systems. The company maintains a broad international presence, with operations spanning numerous countries including China, Germany, the United States, the United Kingdom, Canada, Denmark, Norway, Belgium, Japan, France, Spain, Taiwan, Poland, India, Ukraine, and Sweden. A significant strategic partnership exists with Linamar Corporation, focused on jointly developing and marketing fuel cell powertrains and components designed for Class 1 and 2 vehicles across North America and Europe. Established in 1979, Ballard Power Systems Inc. is headquartered in Burnaby, Canada.
Day range
Current $2.37
52-week range
Current $2.37
