Ballard Power Systems Inc. (BLDP) stock
Close on Nov 11, 2026Market cap $454.19MP/E –Yield –
Ballard Power Systems Inc. grew revenue 42.5% to $99.37M over fiscal 2025. Free cash flow was -$66.01M. At the latest close the market valued the company at $454.19M.
Key statistics
Valuation at the latest close; fundamentals over fiscal 2025, balances at Dec 31, 2025
Valuation
- Market cap
- $454.19M
- P/E ratio
- –
- Price to sales
- 4.57
- Price to book
- –
- Dividend yield
- –
- Free cash flow yield
- -14.53%
Fundamentals
- Revenue
- $99.37M
- EPS, diluted
- -$0.30
- Free cash flow
- -$66.01M
Trading
- Previous close
- $1.48
- Open
- $1.53
- Day's range
- $1.47 – $1.53
- Volume
- 1,245,208
- Average volume (20 days)
- 2,691,987
- Beta (5 years)
- 1.73
- 52-week range
- $1.40 – $6.57
- RSI (14 days)
- 39.7
- Volatility (1 year)
- 75.0%
- Relative volume
- 0.34×
- WACC
- 13.5%
Market cap history
Month-end market cap since 2017, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 11, 2026. The S&P 500 is measured by the SPY fund.
| Period | BLDP | S&P 500 | Difference | BLDP per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | -20.9% | -2.4% | −18.5 pts | ||
| 3 months | -41.9% | -1.2% | −40.8 pts | ||
| Year to date | -40.6% | +12.3% | −52.8 pts | ||
| 1 year | -57.7% | +12.4% | −70.1 pts | ||
| 3 years | -54.5% | +78.8% | −133.3 pts | -23.1% | +21.4% |
| 5 years | -91.6% | +75.2% | −166.7 pts | -39.0% | +11.9% |
| 10 years | -24.1% | +311.1% | −335.2 pts | -2.7% | +15.2% |
Eleven years at a glance
Fiscal years 2015 to 2025, USD
Revenue
Gross profit
Operating income
Net income
EPS, diluted
Free cash flow
Press releases
Releases Ballard Power Systems filed with the SEC as exhibits to Form 8-K or 6-K
- 6-K
- 6-K
- 6-K
- 6-K
- 6-K
- 6-K
About Ballard Power Systems
Electrical Industrial Apparatus
Ballard Power Systems Inc. is a Canadian corporate issuer subject to foreign private issuer reporting standards under United States securities regulations. The provided filing text does not specify the enterprise's individual commercial operating segments, core product offerings, or customer groups, although it notes company participation in projects funded by the United States Department of Energy and identifies an industrial classification code of 3620. Detailed descriptions of the firm's specific commercial goods, services, and operational divisions are incorporated by reference from external reports rather than detailed directly within the filing.
Company profile, executives and historyBallard Power Systems stock: common questions
What is Ballard Power Systems's stock price?
BLDP closed at $1.51 on Nov 11, 2026, up 2.03% on the day. Over the past 52 weeks it traded between $1.40 and $6.57.
What is Ballard Power Systems's market cap?
Ballard Power Systems was worth $454.19M at the close on Nov 11, 2026: the share price times the diluted shares outstanding.
What is BLDP's P/E ratio?
Ballard Power Systems lost money over fiscal 2025 (diluted EPS -$0.30), so it has no meaningful P/E ratio.
How much revenue does Ballard Power Systems make?
Ballard Power Systems reported revenue of $99.37M for fiscal 2025, up 42.5% from a year earlier.
Does Ballard Power Systems pay a dividend?
No. Ballard Power Systems has not paid a cash dividend over the last twelve months.
How has BLDP stock performed over the past year?
Including dividends, BLDP returned -57.7% over the past year, against +12.4% for the S&P 500.
How many BLDP shares are sold short?
21M shares were sold short at the latest FINRA report, 7.68% of the float, or 8.0 days of average trading volume.
Who are Ballard Power Systems's competitors?
Companies most similar to Ballard Power Systems by business, industry and size include FCEL, EOSE, SCIA, PLUG, ELVA.
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