Ballard Power Stock Target Price and Analyst Consensus

BLDP Stock  USD 2.69  0.03  1.10%   
The current analyst and expert consensus on Ballard Power is Buy with 14 hold recommendations. The current projected Ballard Power target price consensus is 6.04 with 21 analyst opinions. One of the most common ways Ballard Power Systems analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Ballard Power vendors, executives, and/or customers. Ballard Power recommendation module provides expert sentiment on the projected Ballard Power Systems target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on Ballard Power to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
5.5
Highest Forecast
6.7
Target Price
6.04
As of 04/19/2024, Gross Profit is likely to grow to about (29.4 M). In addition to that, Pretax Profit Margin is likely to grow to -1.24. At this time, Ballard Power's Net Receivables is relatively stable compared to the past year. As of 04/19/2024, Common Stock Shares Outstanding is likely to grow to about 313.6 M, though Net Debt is likely to grow to (693 M).
  
It's important to approach Ballard Power's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Ballard Power price targets

Ballard Power's stock target price is an estimate of its future price, usually made by analysts. Using Ballard Power's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Ballard Power's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Ballard Power's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Ballard Power Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Ballard Power is a key component of Ballard Power valuation and have some predictive power on the future returns of a Ballard Power.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ballard Power's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.132.696.74
Details
Intrinsic
Valuation
LowRealHigh
0.122.416.46
Details
Naive
Forecast
LowNextHigh
0.052.346.39
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.17-0.14-0.11
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ballard Power. Your research has to be compared to or analyzed against Ballard Power's peers to derive any actionable benefits. When done correctly, Ballard Power's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Ballard Power Systems.

Trending Themes

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When determining whether Ballard Power Systems is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Ballard Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ballard Power Systems Stock. Highlighted below are key reports to facilitate an investment decision about Ballard Power Systems Stock:
Check out Macroaxis Advice on Ballard Power to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Note that the Ballard Power Systems information on this page should be used as a complementary analysis to other Ballard Power's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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The data published in Ballard Power's official financial statements usually reflect Ballard Power's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Ballard Power Systems. For example, before you start analyzing numbers published by Ballard accountants, it's critical to develop an understanding of what Ballard Power's liquidity, profitability, and earnings quality are in the context of the Electrical Equipment space in which it operates.
Please note, the presentation of Ballard Power's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Ballard Power's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Ballard Power's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Ballard Power Systems. Please utilize our Beneish M Score to check the likelihood of Ballard Power's management manipulating its earnings.