Ballard Power downgraded by Citigroup with a new price target
$BLDP
Industrial Machinery/Components
Energy
Citigroup downgraded Ballard Power from Neutral to Sell and set a new price target of $1.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/17/2025 | $1.00 | Neutral → Sell | Citigroup |
| 11/6/2024 | Buy → Hold | HSBC Securities | |
| 8/12/2024 | Hold → Sell | TD Securities | |
| 10/24/2023 | $4.50 | Hold → Buy | HSBC Securities |
| 9/25/2023 | $4.50 | Hold | HSBC Securities |
| 7/5/2023 | Neutral | Citigroup | |
| 6/27/2023 | $6.00 → $5.00 | Buy → Neutral | B. Riley Securities |
| 6/14/2023 | $4.50 → $4.25 | Market Perform → Underperform | BMO Capital Markets |
VANCOUVER, BC, May 6, 2025 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX:BLDP) today announced consolidated financial results for the first quarter ended March 31, 2025. All amounts are in U.S. dollars unless otherwise noted and have been prepared in accordance with International Financial Reporting Standards (IFRS). Highlights (comparisons are to Q1 2024): Revenue of $15.4 million, up 6% YoY, primarily driven by bus market strength; engine shipments up 31%14 point improvement in gross margins, primarily driven by increased revenue and lower manufacturing overhead c
CHARLOTTE, N.C., April 28, 2025 (GLOBE NEWSWIRE) -- Fontaine Modification is leading a consortium of companies working together to develop a Class 6 fuel-cell-electric truck to meet the demands of "middle mile" delivery logistics. The consortium includes Ballard Power Systems, Forsee Power and Linamar Corporation. Fontaine Modification is serving as the vehicle and systems integrator. It is assembling the fuel cell electric vehicle (FCEV) on a 26,000-pound GVWR straight truck chassis at its flagship Charlotte, N.C., modification center. Ballard Power Systems is supplying the fuel cell system, and Forsee Power is supplying the high-voltage battery system. Linamar Corporation is providing
VANCOUVER, BC, April 3, 2025 /PRNewswire/ - Ballard Power Systems (NASDAQ:BLDP) (TSX:BLDP) will hold a conference call on Tuesday, May 6th, 2025 at 8:00 a.m. Pacific Time (11:00 a.m. Eastern Time) to review first quarter 2025 operating results. The live call can be accessed by dialing +1-844-763-8274 (Canada/US toll free). Alternatively, a live webcast can be accessed through a link on Ballard's homepage (www.ballard.com). Following the call, the webcast will be archived in the 'Earnings, Interviews & Presentations' area of the 'Investors' section of Ballard's website (www.bal
Citigroup downgraded Ballard Power from Neutral to Sell and set a new price target of $1.00
HSBC Securities downgraded Ballard Power from Buy to Hold
TD Securities downgraded Ballard Power from Hold to Sell
VANCOUVER, BC, May 6, 2025 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX:BLDP) today announced consolidated financial results for the first quarter ended March 31, 2025. All amounts are in U.S. dollars unless otherwise noted and have been prepared in accordance with International Financial Reporting Standards (IFRS). Highlights (comparisons are to Q1 2024): Revenue of $15.4 million, up 6% YoY, primarily driven by bus market strength; engine shipments up 31%14 point improvement in gross margins, primarily driven by increased revenue and lower manufacturing overhead c
VANCOUVER, BC, April 3, 2025 /PRNewswire/ - Ballard Power Systems (NASDAQ:BLDP) (TSX:BLDP) will hold a conference call on Tuesday, May 6th, 2025 at 8:00 a.m. Pacific Time (11:00 a.m. Eastern Time) to review first quarter 2025 operating results. The live call can be accessed by dialing +1-844-763-8274 (Canada/US toll free). Alternatively, a live webcast can be accessed through a link on Ballard's homepage (www.ballard.com). Following the call, the webcast will be archived in the 'Earnings, Interviews & Presentations' area of the 'Investors' section of Ballard's website (www.bal
VANCOUVER, BC, March 13, 2025 /PRNewswire/ - Ballard Power Systems (NASDAQ:BLDP) (TSX:BLDP) today announced consolidated financial results for the fourth quarter ended December 31, 2024. All amounts are in U.S. dollars unless otherwise noted and have been prepared in accordance with International Financial Reporting Standards (IFRS). "2024 was a tough year for the hydrogen and fuel cell industry," stated Randy MacEwen, Ballard's President and CEO. "Amidst prolonged policy uncertainty, there was a multi-year push-out in the development of hydrogen projects and the deployment of
SC 13G/A - Ballard Power Systems Inc. (0001453015) (Subject)
SC 13G/A - Ballard Power Systems Inc. (0001453015) (Subject)
SC 13G - Ballard Power Systems Inc. (0001453015) (Subject)
6-K - Ballard Power Systems Inc. (0001453015) (Filer)
6-K - Ballard Power Systems Inc. (0001453015) (Filer)
6-K - Ballard Power Systems Inc. (0001453015) (Filer)
VANCOUVER, BC, June 6, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ:BLDP) (TSX:BLDP) today announced results of its 2024 Annual General Meeting, which was held on June 5th. All nominees listed in the Management Proxy Circular dated April 8th, 2024 were elected as directors of the Company. Each of the Ballard directors was re-elected by a majority of the votes cast by shareholders present or represented by proxy. Director biographies are available in the "Our Leadership" section of the Company's website. Director Nominee Votes For % For Votes Withheld % Withheld Kathy Bayl
Board of Directors Approves Share Consolidation on an 8-for-1 Ratio Board of Directors Announces Jacqueline Dedo as Li-Cycle's Independent Board Chair Li-Cycle Holdings Corp. (NYSE:LICY) ("Li-Cycle" or the "Company"), a leading global lithium-ion battery resource recovery company, today announced updates from the Company's Annual General and Special Meeting of Shareholders held on May 23, 2024 (the "AGM"). Voting results of items of business at the AGM included the election of each of the Li-Cycle director nominees; the approval of the share consolidation resolution, described further below; the approval of the compensation of the Company's named executive officers on an advisory basi
VANCOUVER, BC, March 27, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ:BLDP) (TSX:BLDP) today announced the appointment of Ms. Jacqueline (Jacqui) Dedo to the Ballard Board of Directors. Ms. Dedo brings relevant experience to the Board with her background in the transportation industry, including electrified propulsion in heavy-duty mobility, while also bringing complementary competencies related to strategy, innovation, technology, and corporate governance. "We strive to have a Board that is comprised of highly qualified directors with diverse and complementary background