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 |
|---|---|---|---|
| 8/11/2025 | Buy → Hold | Lake Street | |
| 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 |
New fuel cell engineered to power city transit buses – lower cost, simplified vehicle integration, smarter fleet services, and enhanced safety VANCOUVER, BC, Sept. 17, 2025 /PRNewswire/ - Ballard Power Systems (NASDAQ:BLDP) (TSX:BLDP) will unveil its new-generation transit fuel cell module, the FCmove®-SC, at Busworld in Brussels on 4–9 October 2025. Designed for city transit duty, the FCmove®-SC builds on Ballard's market-leading FCmove family to deliver greater sustained power, simplified vehicle integration, improved in-service performance and lower lifecycle cost as part of Ballard's roadmap toward diesel parity.
VANCOUVER, BC, Aug. 11, 2025 /PRNewswire/ - Ballard Power Systems (NASDAQ:BLDP) (TSX:BLDP) today announced consolidated financial results for the second quarter ended June 30, 2025. All amounts are in U.S. dollars unless otherwise noted and have been prepared in accordance with International Financial Reporting Standards (IFRS). Highlights Ballard initiated a strategic realignment to achieve positive cash flow by year-end 2027 and included actions to reduce annualized operating costs by ~30% relative to the first half of 2025.Revenue of $17.8 million, up 11% YoY and gross marg
VANCOUVER, BC, July 31, 2025 /PRNewswire/ - Ballard today announced the launch of a bold strategic realignment led by newly appointed President and CEO, Marty Neese, to position the Company for disciplined growth, sharper market execution, and stronger financial performance in line with current commercial realities. This decisive shift reflects an important leadership agenda and marks a fundamental reset in how the Company operates, prioritizes innovation, and delivers value to customers, given the current market dynamics. "Today's plan is not about waiting for a market to eme
Lake Street downgraded Ballard Power from Buy to Hold
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
6-K - Ballard Power Systems Inc. (0001453015) (Filer)
6-K - Ballard Power Systems Inc. (0001453015) (Filer)
6-K - Ballard Power Systems Inc. (0001453015) (Filer)
President of Verdagy, Rahul Bammi appointed CEO MOSS LANDING, Calif., June 17, 2025 /PRNewswire/ -- Verdagy, a leading green hydrogen electrolysis company, today announced a strategic leadership transition to accelerate its commercial expansion. After leading Verdagy as CEO for four years, Marty Neese is leaving to join Ballard Power Systems (NASDAQ:BLDP, TSX:BLDP) as CEO. Rahul Bammi, Verdagy's President since 2023, will succeed Neese as CEO. "I am grateful to have led Verdagy from its spin-out origins to its technology leading position today. The innovative Dynamic Alkaline electrolyzers we have pioneered establish Verdagy for unrivalled scalability and the lowest cost of hydrogen on the
VANCOUVER, BC, June 16, 2025 /PRNewswire/ - Ballard Power Systems (NASDAQ:BLDP) (TSX:BLDP) today announced a planned leadership transition. After more than a decade of transformative leadership, Randy MacEwen will step down as President and Chief Executive Officer, with Marty Neese assuming the position effective July 7, 2025. "It has been a true privilege to lead Ballard for the past 11 years during a dynamic period for the company and hydrogen industry," said Randy MacEwen. "We have built a strong foundation that has positioned the company as an industry leader. Given changi
VANCOUVER, BC, June 5, 2025 /PRNewswire/ - Ballard Power Systems (NASDAQ:BLDP) (TSX:BLDP) today announced results of its 2025 Annual General Meeting, which was held on June 4th. All nominees listed in the Management Proxy Circular dated April 7th, 2025 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
VANCOUVER, BC, Aug. 11, 2025 /PRNewswire/ - Ballard Power Systems (NASDAQ:BLDP) (TSX:BLDP) today announced consolidated financial results for the second quarter ended June 30, 2025. All amounts are in U.S. dollars unless otherwise noted and have been prepared in accordance with International Financial Reporting Standards (IFRS). Highlights Ballard initiated a strategic realignment to achieve positive cash flow by year-end 2027 and included actions to reduce annualized operating costs by ~30% relative to the first half of 2025.Revenue of $17.8 million, up 11% YoY and gross marg
VANCOUVER, BC, July 9, 2025 /PRNewswire/ - Ballard Power Systems (NASDAQ:BLDP) (TSX:BLDP) will hold a conference call on Monday, August 11th, 2025 at 8:00 a.m. Pacific Time (11:00 a.m. Eastern Time) to review second quarter 2025 operating results. The live call can be accessed by dialing +1-833-821-2814 (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.
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
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)