Ballard Power Systems Inc.
BLDPIndustrialsNASDAQElectrical Equipment & Parts
Scan Results
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. The $705.5M market capitalization puts BLDP squarely in small-cap range for its industry. 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
$705.5M
Beta
1.88
P/E (TTM)
—
P/E (Fwd)
-16.33
EPS (TTM)
$-0.26
EPS (Fwd)
$-0.14
ROE
-12.9%
ROA
-4.5%
Cash
$505.1M
Total Debt
$19.7M
Free CF
-$22.5M
52W Change
23.8%
Annual Financials
Cash vs Debt
Where BLDP stands vs its 150-day and 200-day moving averages
As of the September 3, 2026 close, BLDP finished 28.89% below its 150-day moving average ($3.15) and 26.32% below its 200-day moving average ($3.04). 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 September 3, 2026 close, BLDP's RSI(14) was 29.4, in oversold territory (below 30). The MACD histogram was positive, so short-term momentum leaned bullish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
Ballard Power Systems Inc. holds $505.1M in cash against $19.7M in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. Free cash flow is running at -$22.5M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. 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.
Ballard Power Systems Inc.'s elevated beta suggests the stock experiences more pronounced price movements than the overall market, which increases both upside potential and downside risk. The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing BLDP.