TSE:BLDP

Ballard Power Systems (BLDP.TO)

3.07
-0.02 (0.65%)
as of Sep 11, 2026, 7:59:59 pm Market Open.
153 watching
0
Investor Insights
star iconSep 13, 2026, 12:00 am

This summary was created by AI, based on 1 opinions in the last 12 months.

Ballard Power Systems, traded under the symbol BLDP-T, is characterized by significant price volatility, which can be a source of concern for investors. While experts acknowledge the company's potential to provide innovative alternatives for vehicle propulsion in the long term, they caution that the stock experiences considerable price fluctuations, with large run-ups followed by substantial pullbacks. This unpredictability often correlates with the market's risk appetite, indicating that investor sentiment plays a vital role in the stock's performance. Many have owned this stock multiple times, reflecting a mixture of intrigue and frustration due to its erratic trading behavior. Overall, while there are promising prospects for Ballard Power Systems, potential investors should be prepared for its inherent market risks.

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Consensus
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Valuation
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PLUG, PLUG
BUY

He has a small position in BLDP instead of PLUG, as it's a recognized leader with a track record in PEM technology. They've diversified outside autos and into buses and forklifts, trains and ships. Will do well as the market grows and the infrastructure builds out.

DON'T BUY
Valuations are excessive for this group. You have to look too far down the road to see when they're going to be making money. A classic long duration asset, which does better when interest rates are falling.
DON'T BUY

Very hot sector right now. Valuation is too high. Boralex would give you less volatility. If you want more torque and beta, and you want to play hydrogen, a name like Xebec Adsorption is better. Mostly renewable nat gas, but expanding into hydrogen by buying a uniquely profitable company. It's still expensive, but much cheaper than Ballard.

DON'T BUY
Ballard and its peers The 25-year chart: in 1998-2000, it leapt from a few dollars to $20 then back down. ROE has been positive once in the past 15 years. He's not a scientist, so doesn't know how hydrogen fuel cells work, and this technology was hyped 20 years ago as the future, but it hasn't panned out. He fails to see a steady ROE or growing free cash flow here. As for its peers, none of them meet this criteria either. We're seeing big speculation in alternative energy. These stocks don't stand on their own two feet, at least not now. Perhaps in the future. BLDP is a spec play at best.
DON'T BUY

Polarizing stock. If you like Tesla, you've got to like Ballard. He doesn't like either. It's not so much a stock as it is a science project. It's been around since 1994, and it's lost money in every one of those years, with losses mounting since 2018. Even with electrification, not projected to make money anytime soon.

PARTIAL SELL
They just did a $250 million bought deal. They sold 13 million @ $19.25. It went nuts today. Take some profits. Otherwise, wait on this before entering.
BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The announcement this week about the division was non core. The deal is fine probably and allows BLDP to focus on their other ventures. Unlock Premium - Try 5i Free

COMMENT
The ESG movement is well underway and hydrogen is an area where there is a lot of potential.
BUY
They are at the forefront of the renewable energy space with their products. Hydrogen is part of the renewable space. It is volatile because of time of sale and adoptability of products. The space is growing however. Under a Biden presidency, we would expect more investment here. It will probably be a long time horizon however.
DON'T BUY

In the past year, the shares have gone parabolic along with the Tesla rally. Too volatile and speculative for him. He prefers predictable cash flows.

WATCH
A leader in hydrogen fuel cell technology. It has had some false starts with excitement that fizzled out. With a real push to lower emission power, governments will be investing in clean energy. It is a go-to company to invest in the hydrogen space. It could see volatility but expectations will continue to increase.
DON'T BUY
An enigmatic stock with 40% ownership by Chinese industrial concerns who may be treating this as a long-term call option on successful and profitable fuel cell solutions. They never really made money and still don't today. Without that track record, he won't buy. It's for speculative investors.
SELL
Very interesting. Global leader in fuel cells. Niche business. Huge runup, and now correcting. Got way ahead of itself. Profitability potential is not that big. Good profit opportunity here if you own it. Wouldn't own it here.
DON'T BUY

It has been ripping up. It is mirroring TSLA-Q. He can't explain why except that it might be speculation. This is a dangerous situation. It could all of a sudden collapse. We have to be very careful. If the market corrects, this could correct sharply.

WATCH
He used to follow this a while ago, when it was beaten up. Its batteries may be able to compete, but he does not know enough about it. It is too expensive for him today.
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