BLDP.TO - Ballard Power Systems Inc.

Toronto - Toronto Delayed Price. Currency in CAD
28.16
+1.05 (+3.87%)
At close: 3:59PM EDT
Stock chart is not supported by your current browser
Previous Close27.11
Open28.00
Bid28.20 x 0
Ask28.23 x 0
Day's Range26.70 - 29.20
52 Week Range5.15 - 29.20
Volume1,392,192
Avg. Volume841,388
Market Cap6.871B
Beta (5Y Monthly)1.90
PE Ratio (TTM)N/A
EPS (TTM)-0.17
Earnings DateJul. 29, 2020 - Aug. 04, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est4.00
  • Why These Stocks Are Beating the TSX Index on Thursday
    The Motley Fool

    Why These Stocks Are Beating the TSX Index on Thursday

    Amid heightened volatility due to the ongoing pandemic, Canadian stocks fell sharply on July 9. However, some stocks are beating the broader market. Let’s take a closer look.The post Why These Stocks Are Beating the TSX Index on Thursday appeared first on The Motley Fool Canada.

  • Forget Air Canada (TSX:AC) Stock: This Top Stock to Buy Is Soaring Right Now
    The Motley Fool

    Forget Air Canada (TSX:AC) Stock: This Top Stock to Buy Is Soaring Right Now

    Ballard Power stock is the top-performing stock that is soaring to new heights, as it benefits from rising fuel cell acceptance and deployments.The post Forget Air Canada (TSX:AC) Stock: This Top Stock to Buy Is Soaring Right Now appeared first on The Motley Fool Canada.

  • Why the Loonie Could Plummet at Warp Speed
    The Motley Fool

    Why the Loonie Could Plummet at Warp Speed

    COVID-19 is also affecting the currency market. Canada’s ballooning deficit and growing debt could weaken the local currency. The Ballard Power Systems stock, however, will greatly benefit from a weak loonie.The post Why the Loonie Could Plummet at Warp Speed appeared first on The Motley Fool Canada.

  • Fuel Cell Stock Rallies to 17-Year High After China Order
    Bloomberg

    Fuel Cell Stock Rallies to 17-Year High After China Order

    (Bloomberg) -- Shares of Ballard Power Systems Inc. rallied to a 17-year high after the company announced a $7.7 million order from China.The Vancouver-based hydrogen fuel-cell maker jumped as much as 8.3% to its highest since December 2002 after the receiving a purchase contract from Guangdong Synergy Ballard Hydrogen Power Co., a 10%-owned joint venture located in China.The company’s technology currently powers over 650 electric buses and more than 2,200 electric trucks in China, according to Alfred Wong, managing director at Ballard.“This follow-on order from the Synergy-Ballard joint venture is an important indicator of the continued progress and market demand for Ballard fuel cell technology,” Wong said in a statement Thursday. “We expect to see high adoption of fuel cell electric vehicles in China.”Ballard is the second-best performing stock on Canada’s benchmark S&P/TSX Composite Index this year with a 165% rally, pushing its market value to almost C$6 billion ($4.4 billion) amid burgeoning speculation that wide-scale adoption of hydrogen fuel cells may at long last be around the corner.“We believe Ballard fuel cell technology will offer a compelling value proposition, including high reliability and durability,” Wong said in the company statement.(Updates to add value of contract in first paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Ballard Power Seals $7.7M MEA Deal With Synergy-Ballard JVCo
    Zacks

    Ballard Power Seals $7.7M MEA Deal With Synergy-Ballard JVCo

    Ballard Power (BLDP) secures a $7.7-million order of membrane electrode assemblies from Guangdong Synergy Ballard Hydrogen Power Co., Ltd. MEAS are a key element in producing clean energy.

  • Ballard Announces $7.7M MEA Order From Synergy Joint Venture in China
    CNW Group

    Ballard Announces $7.7M MEA Order From Synergy Joint Venture in China

    VANCOUVER, BC and YUNFU, China , July 2, 2020 /CNW/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced that it has received a purchase order for $7.7 million of membrane electrode assemblies ...

  • Ballard Power (TSX:BLDP) Joins Shopify (TSX:SHOP) as a Top-Performing TSX Stock in 2020
    The Motley Fool

    Ballard Power (TSX:BLDP) Joins Shopify (TSX:SHOP) as a Top-Performing TSX Stock in 2020

    Ballard Power stock has been a top-performing TSX stock again in 2020. Will it beat Shopify stock's performance going forward?The post Ballard Power (TSX:BLDP) Joins Shopify (TSX:SHOP) as a Top-Performing TSX Stock in 2020 appeared first on The Motley Fool Canada.

  • Baystreet

    Stocks in play: Ballard Power Systems

    Has received follow-on purchase orders for 15 of its 85-kilowatt heavy-duty FCveloCity®-HD fuel cell ...

  • Ballard Receives Follow-on Orders for 15 Fuel Cell Modules from Wrightbus to Power U.K. Buses
    CNW Group

    Ballard Receives Follow-on Orders for 15 Fuel Cell Modules from Wrightbus to Power U.K. Buses

    VANCOUVER, BC, June 18, 2020 /CNW/ - Ballard Power Systems (NASDAQ:BLDP - News) (TSX:BLDP - News) today announced that it has received follow-on purchase orders for 15 of its 85-kilowatt heavy-duty FCveloCity®-HD fuel cell modules from Wrightbus (www.wrightsgroup.com), a leading bus OEM and Ballard partner headquartered in Northern Ireland, to power Fuel Cell Electric Buses, or FCEBs, planned for deployment in the U.K. Wrightbus was recently re-capitalized by Bamford Bus Company ("Bamford"), after having gone into administration last year. Including the 15 modules announced today, Ballard currently has orders in-hand from Wrightbus for a total of 50 modules to power FCEBs in the U.K., 35 of which were previously announced in 2019.

  • 3 Red-Hot TSX Stocks That Can Make You Rich
    The Motley Fool

    3 Red-Hot TSX Stocks That Can Make You Rich

    TSX stocks like iFabric Corp. (TSX:IFA) have made fortunes for their shareholders over the past year, and there are still promising signs going forward.The post 3 Red-Hot TSX Stocks That Can Make You Rich appeared first on The Motley Fool Canada.

  • Market Crash 2020 Sequel: Why the Next Wave Could Be Worse
    The Motley Fool

    Market Crash 2020 Sequel: Why the Next Wave Could Be Worse

    A sequel to the 2020 market crash should not happen at all. The stock market is stabilizing with exciting investment options like the Trillium Therapeutics stock and Ballard Power Systems stock emerging.The post Market Crash 2020 Sequel: Why the Next Wave Could Be Worse appeared first on The Motley Fool Canada.

  • Ballard Files Final Shelf Prospectus
    CNW Group

    Ballard Files Final Shelf Prospectus

    VANCOUVER, BC, June 12, 2020 /CNW/ - Ballard Power Systems (NASDAQ:BLDP - News) (TSX:BLDP - News) (Ballard or the Company) has announced the filing of a final short form base shelf prospectus (Prospectus), which provides the flexibility to make offerings of securities during the effective period of the Prospectus, until July 2022. The final short form base shelf prospectus has been filed further to the preliminary short form base shelf prospectus, which was previously announced on June 5, 2020. The Prospectus has been filed in each of the provinces and territories of Canada and a corresponding shelf registration statement on Form F-10 (Registration Statement) was also filed with the United States Securities and Exchange Commission (SEC).

  • Why Plug Power, Ballard Power, and Bloom Energy Stocks Crashed Today
    Motley Fool

    Why Plug Power, Ballard Power, and Bloom Energy Stocks Crashed Today

    Yesterday was a great day to own unprofitable story stocks in the fuel cell sector. Shares of Ballard Power Systems (NASDAQ: BLDP), rival Plug Power (NASDAQ: PLUG), and the newest entrant to the sector, Bloom Energy (NYSE: BE), all notched gains of 10% or more. Bloom Energy shares are down 9.8% around 12 p.m. EDT.

  • Why Plug Power, Ballard Power, and Bloom Energy Stocks All Popped 10% (and More) Today
    Motley Fool

    Why Plug Power, Ballard Power, and Bloom Energy Stocks All Popped 10% (and More) Today

    In early-afternoon trading, shares of fuel cell pioneer Ballard Power Systems (NASDAQ: BLDP) are up a strong 10.9%, while rival Plug Power (NASDAQ: PLUG) has risen 12.5%, and Bloom Energy (NYSE: BE) leaves everyone else in the dust -- up 16.5% as of 12:10 p.m. EDT. If you scan the news headlines today, you'll find nothing directly affecting any of these three stocks -- no analyst upgrades or price target increases, no positive press releases from management, and certainly no mention of positive earnings. Each of these three alternative energy companies has already reported earnings, with Bloom's report being the most recent at less than a month ago.

  • CNW Group

    C-Suite At The Open: Randall MacEwen, President and CEO, Ballard Power Systems Inc. tells his Company story. Filmed on May 11, 2020

    C-Suite At The Open: Randall MacEwen, President and CEO, Ballard Power Systems Inc. tells his Company story. Filmed on May 11, 2020

  • Meet the Other Tech Companies Propping Up Canada’s Stock Market
    Bloomberg

    Meet the Other Tech Companies Propping Up Canada’s Stock Market

    (Bloomberg) -- Shopify Inc. may be hogging all the headlines but there are other tech companies keeping the rebound going on Canada’s stock market this year.Shopify’s near 90% surge this year has put it in the No. 1 spot on the S&P/TSX Composite Index but Kinaxis Inc. and Real Matters Inc. are close behind, up 70% and 67% respectively -- making them the third and fourth largest gainers. Hydrogen fuel cell company Ballard Power Systems Inc. is second with a 75% gain.These tech stars may not have a catchy acronym like FAANG in the U.S., BAT in Asia or even WAAAX in Australia but investors have flocked to these names due to their stronger growth outlook compared with other sectors during the coronavirus pandemic.“There’s a view that the pandemic should actually help accelerate tech adoption in a bunch of different areas because ultimately technology is one of the only ways to mitigate some of the impact of the pandemic,” Thanos Moschopoulos, analyst at BMO Capital Markets, said by phone.Kinaxis has become “especially topical” given its supply chain management software can help companies track global shipments amid the havoc caused by Covid-19, and to help mitigate the challenges, Moschopoulos said.Last month, the Ottawa-based company reported a 15% increase in revenue and maintained its 2020 guidance, which included a sales forecast that’s about 10% to 12% higher than 2019.With the bulk of its revenues coming from the U.S. mortgage industry, low interest rates are keeping things busy for Real Matters. The Markham, Ontario-based provider of network services for the mortgage and insurance industries has seen increased refinancing volumes as central banks cut rates to pump financial markets with liquidity during the global recession.Sky-high valuations suggest things may be moving too fast, too soon. The price-to-earnings ratio for the S&P/TSX Info Tech Index is about double the five-year average, according to data compiled by Bloomberg.“There’s an argument to be made that because interest rates are where they are, at record low levels, that dynamic justifies higher valuations. Tech on a relative basis is looking better than a lot of other sectors,” Moschopoulos said.Still, recent price action in North American stock markets suggest investors are shifting away from tech and into more cyclical sectors as confidence in the recovery builds. Unexpectedly strong jobs data from Canada and the U.S. on Friday amplified this theme.At about 9% of the Canadian benchmark, the tech sector’s impact is still small compared to the nation’s banks, miners and energy companies.So while their shares have surged this year, helping offset some of the losses on the S&P/TSX Composite, the benchmark remains in the red for the year -- for now.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Ballard Files Base Shelf Prospectus Ahead of Expiry of Existing Shelf Prospectus
    CNW Group

    Ballard Files Base Shelf Prospectus Ahead of Expiry of Existing Shelf Prospectus

    VANCOUVER, BC , June 5, 2020 /CNW/ - Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) (Ballard or the Company) has announced the filing of a preliminary short form base shelf prospectus (Prospectus), which provides the flexibility to make offerings of securities during the effective period of the Prospectus, until July 2022 . The final short form base shelf prospectus is expected to be filed prior to expiry of the existing shelf prospectus, which was filed in June 2018. The Prospectus has been filed in each of the provinces and territories of Canada , and a corresponding shelf registration statement on Form F-10 (Registration Statement) was also filed with the United States Securities and Exchange Commission (SEC).

  • Thomson Reuters StreetEvents

    Edited Transcript of BLDP.TO earnings conference call or presentation 6-May-20 3:00pm GMT

    Q1 2020 Ballard Power Systems Inc Earnings Call

  • Ballard Announces Results of Annual General Meeting
    CNW Group

    Ballard Announces Results of Annual General Meeting

    VANCOUVER, BC , June 4, 2020 /CNW/ -  Ballard Power Systems  (NASDAQ: BLDP) (TSX: BLDP) today announced results of its 2020 Annual General Meeting, which was held yesterday as the Company's first ever ...

  • Is Ballard Power Systems Stock a Buy?
    Motley Fool

    Is Ballard Power Systems Stock a Buy?

    Ballard Power Systems (NASDAQ: BLDP), one of the few opportunities for those looking to a fuel-cell-powered future, has been a shocking surprise for investors so far in 2020. While the S&P 500 has dipped 6% since the start of the year, shares of Ballard have soared nearly 45%, extending the impressive run that the stock had through 2019. In addition to the stock's performance, the company itself has recently electrified investors' hopes as it reported a company-best Q1 performance, generating revenue of $24 million.

  • Ballard Celebrates 25 Years on Nasdaq Exchange
    CNW Group

    Ballard Celebrates 25 Years on Nasdaq Exchange

    Ballard Celebrates 25 Years on Nasdaq Exchange

  • Stock Market Rally: #1 Stock to Ditch or Buy Now
    The Motley Fool

    Stock Market Rally: #1 Stock to Ditch or Buy Now

    The growth stock, Ballard Power Systems (TSX:BLDP)(NASDAQ:BLDP), surged in value during the Covid-19 crash; is it a buy or sell during the market rally?The post Stock Market Rally: 1 Stock to Ditch or Buy Now appeared first on The Motley Fool Canada.

  • Earnings Update: Ballard Power Systems Inc. (TSE:BLDP) Just Reported And Analysts Are Trimming Their Forecasts
    Simply Wall St.

    Earnings Update: Ballard Power Systems Inc. (TSE:BLDP) Just Reported And Analysts Are Trimming Their Forecasts

    The analysts might have been a bit too bullish on Ballard Power Systems Inc. (TSE:BLDP), given that the company fell...