Buy, Sell or Hold: Ballard Power Systems (BLDP-T) — Stock Predictions at Stockchase

TSE:BLDP

18.64

1.06 (5.38%) 1d

Showing 1 to 15 of 238 entries

DON'T BUY

BLDP vs. LAC Both in alternative energy space. He'd pick lithium as a material, and lithium producers as more timely. Market doesn't care about BLDP's technology adoption right now. Whether you own the LIT ETF basket, or some of the larger producers, the demand is going to be solid for quite some time.

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DON'T BUY

Fascinating. It's been around for a long time. It rallies whenever there's a growth cycle, but then doesn't pan out. This ramped higher in December through February along the growth rally. But it's highly speculative with little cash flow. He had a decent short position on this. But it doesn't scream cheaply. It has terrible volatility and has no EBITDA. Balance sheet is good, though.

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DON'T BUY

Hydrogen power outlook in general The green energy space is interesting as battery power will continue to be a key driver in powertrain. Hydrogen power will be a fringe part of this. During the hydrogen power crazy last winter, BLDP raise a good deal of capital. The company is now sustainable and are adept at living within its means. But the stock is now overpriced. What will they do with all that cash they raised months ago? He'll stay away.

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TOP PICK

Was hot in the beginning and then fell out of favour. The adoption of EV will be a tailwind. Believes hydrogen fuel cells will be part of the solution. Valuation is attractive. Layering into the company. A long term play. (Analysts’ price target is $28.53)

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WEAK BUY

All of the alternate fuel transportation companies have come down. Medium to longer term they are likely good investments. This is the original alternative fuel car.

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RISKY BUY

They have done a couple of large financings. He thinks we are entering the golden age for hydrogen. We are still early in this one. He thinks it has a place in the portfolio as a speculative position.

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SELL

Allan Tong’s Discover Picks BLDP stock pays no dividend and the EPS is negative. The stock narrowly missed earnings in the last three of four quarters (the fourth was in-line). Ballard is a polarizing stock where the bulls see a 38% gain in these shares to nearly $42. Why not? BLDP stock jumped to $50 two months ago, but then slid to its current $30 range. Read April Showers and Flowers: 4 Covid Vaccination Stocks to Buy and Sell for our full analysis.

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DON'T BUY

They make hydrogen fuel cells. It is not a new or an emerging company and has never turned a profit in 25 years. He sees it as a science project. It is a show-me story.

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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.

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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.

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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.

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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.

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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.

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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.

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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

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Showing 1 to 15 of 238 entries

Ballard Power Systems(BLDP-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 5

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 11

Total Signals / Votes : 16

Stockchase rating for Ballard Power Systems is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Ballard Power Systems(BLDP-T) Frequently Asked Questions

What is Ballard Power Systems stock symbol?

Ballard Power Systems is a Canadian stock, trading under the symbol BLDP-T on the Toronto Stock Exchange (BLDP-CT). It is usually referred to as TSX:BLDP or BLDP-T

Is Ballard Power Systems a buy or a sell?

In the last year, 16 stock analysts published opinions about BLDP-T. 5 analysts recommended to BUY the stock. 11 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Ballard Power Systems.

Is Ballard Power Systems a good investment or a top pick?

Ballard Power Systems was recommended as a Top Pick by on . Read the latest stock experts ratings for Ballard Power Systems.

Why is Ballard Power Systems stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Ballard Power Systems worth watching?

16 stock analysts on Stockchase covered Ballard Power Systems In the last year. It is a trending stock that is worth watching.

What is Ballard Power Systems stock price?

On 2021-09-24, Ballard Power Systems (BLDP-T) stock closed at a price of $18.64.

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