Ballard Power Systems Inc.
BLDPIndustrialsNASDAQElectrical Equipment & Parts · Last scanned Oct 26, 2026
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Daily timeframeHeadquartered within the industrials sector, Ballard Power Systems Inc. focuses on Electrical Equipment & Parts services and products. Ballard Power Systems Inc. engages in the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cell products. With a market capitalization of $516.1M, it sits in small-cap territory. The company offers products for various applications focusing on power products for bus, truck, rail, marine, stationary, and emerging market, such as material handling, off-road, and other applications.
Market Cap
$516.1M
Beta
1.85
P/E (TTM)
—
P/E (Fwd)
-12.25
EPS (TTM)
$-0.26
EPS (Fwd)
$-0.12
ROE
-12.9%
ROA
-4.5%
Cash
$505.1M
Total Debt
$19.7M
Free CF
-$22.5M
52W Change
-56.9%
Annual Financials
Cash vs Debt
Where BLDP stands vs its 150-day and 200-day moving averages
As of the October 20, 2026 close, BLDP finished 51.28% below its 150-day moving average ($3.12) and 48.12% below its 200-day moving average ($2.93). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is BLDP overbought or oversold?
At the October 20, 2026 close, BLDP's RSI(14) was 6.1, in oversold territory (below 30). The MACD histogram was negative, so short-term momentum leaned bearish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
With $505.1M in cash and $19.7M in debt, BLDP maintains more liquidity than leverage. This favorable balance sheet position can be an asset when capital markets become less accommodating. The company is burning cash, with free cash flow at -$22.5M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. Return on equity stands at -12.9%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Revenue has grown from $81.9M (2022) to $99.4M (2025), reflecting a 21% increase over the period.
A beta of 1.85 means BLDP is more volatile than average. Investors should be prepared for wider price swings relative to broader indices. The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Ballard Power Systems Inc. and its sector.