why Ballard Power Systems Inc [BLDP] is a Good Choice for Investors After New Price Target of $1.84

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Ballard Power Systems Inc [NASDAQ: BLDP] price surged by 0.54 percent to reach at $0.01.

A sum of 8477024 shares traded at recent session while its average daily volume was at 8.47M shares. Ballard Power Systems Inc shares reached a high of $1.915 and dropped to a low of $1.8335 until finishing in the latest session at $1.87.

The one-year BLDP stock forecast points to a potential downside of -1.63. The average equity rating for BLDP stock is currently 3.40, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on Ballard Power Systems Inc [BLDP]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BLDP shares is $1.84 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BLDP stock is a recommendation set at 3.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Citigroup have made an estimate for Ballard Power Systems Inc shares, keeping their opinion on the stock as Sell, with their previous recommendation back on April 17, 2025. The new note on the price target was released on November 06, 2024, representing the official price target for Ballard Power Systems Inc stock.

The Price to Book ratio for the last quarter was 0.86, with the Price to Cash per share for the same quarter was set at 1.93.

BLDP Stock Performance Analysis:

Ballard Power Systems Inc [BLDP] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 10.00. With this latest performance, BLDP shares gained by 11.98% in over the last four-week period, additionally plugging by 6.86% over the last 6 months – not to mention a rise of 12.65% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BLDP stock in for the last two-week period is set at 63.12, with the RSI for the last a single of trading hit 0.1153, and the three-weeks RSI is set at 0.1102 for Ballard Power Systems Inc [BLDP]. The present Moving Average for the last 50 days of trading for this stock 1.5068, while it was recorded at 1.8980 for the last single week of trading, and 1.4599 for the last 200 days.

Insight into Ballard Power Systems Inc Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Ballard Power Systems Inc [BLDP] shares currently have an operating margin of -218.85% and a Gross Margin at -36.16%. Ballard Power Systems Inc’s Net Margin is presently recorded at -430.16%.

Return on Equity for this stock declined to -33.59%, with Return on Assets sitting at -33.59%.

BLDP Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BLDP. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Ballard Power Systems Inc go to 35.48%.

Ballard Power Systems Inc [BLDP] Institutonal Ownership Details

There are presently around $26.00%, or 30.78% of BLDP stock, in the hands of institutional investors. The top three institutional holders of BLDP stocks are: VANGUARD GROUP INC with ownership of 9.54 million shares, which is approximately 3.1871%. LEGAL & GENERAL GROUP PLC, holding 7.81 million shares of the stock with an approximate value of $$17.64 million in BLDP stocks shares; and LEGAL & GENERAL GROUP PLC, currently with $$15.86 million in BLDP stock with ownership which is approximately 2.3537%.

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