Why did Ballard Power Systems stock go down today? - MarketBeat

Dec 26, 2024 · Ballard Power Systems Inc. (TSE:BLDP - Get Free Report) Senior Officer Kevin Michael Colbow sold 4,528 shares of the firm's stock in a transaction dated Friday, May 31st. …

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Why Ballard Power Systems Shares Are Falling Today

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Mar 11, 2024 · Ballard Power Systems Inc BLDP shares are trading lower after it reported the fourth-quarter FY23 results.. The company reported fourth-quarter sales growth of 132% year …

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Why Ballard Power Systems Stock Plummeted By 12% Today

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Fuel cell products developer Ballard Power Systems (BLDP8.00%) didn't demonstrate much power on the stock market Wednesday. The company's share price closed more than 12% lower on a recommendation downgrade from an analyst. By contrast, the S&P 500index nudged higher, rising by almost 0.1% on the day.

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Why Ballard Power Systems Shares Are Falling Today

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Mar 11, 2024 · Ballard Power Systems Inc BLDP shares are trading lower after it reported the fourth-quarter FY23 results.. The company reported fourth-quarter sales growth of 132% year …

tradingview.com

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Here's Why Ballard Power Systems Stock Is Moving

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Mar 2, 2023 · Ballard Power Systems Inc (NASDAQ:BLDP) shares are trading lower by 4.94% to $5.39 Thursday morning. The stock is falling in sympathy will peer clean energy manufacturing …

businessinsider.com

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Why Ballard Power Systems Shares Are Falling Today - Webull

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Ballard Power Systems Inc (NASDAQ:BLDP) shares are trading lower after it reported the fourth-quarter FY23 results.. The company reported fourth-quarter sales growth of 132% year-on …

webull.com

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Why Ballard Power Systems Shares Are Falling Today

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Mar 11, 2024 · Ballard Power Systems shares are falling after reporting a strong sales surge in Q4 FY23. Sales increased by 132%, exceeding analyst forecasts. Heavy-Duty Mobility …

longportapp.com

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Why Ballard Power Systems (BLDP) Stock Is Moving

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Jan 26, 2023 · Ballard Power Systems Inc (NASDAQ:BLDP) shares are trading lower by 3.97% to $6.18 Thursday. The stock may be falling in sympathy with peer fuel cell and clean energy …

businessinsider.com

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Why Ballard Power Systems Shares Are Falling Today

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Mar 11, 2024 · Ballard Power Systems reports 132% sales surge in Q4 FY23, hitting $46.80 million, surpassing analyst forecasts. Heavy-Duty Mobility revenue spikes 219% to $29 million, …

sahmcapital.com

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Why Ballard Power, Bloom Energy, And Nikola Stocks All Dropped …

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Nov 9, 2021 · But reality set in this morning when one of yesterday's strongest performers -- Ballard Power Systems (BLDP-0.62%), which specializes in fuel cells for buses -- reminded …

fool.com

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Why Ballard Power Systems Shares Are Falling Today

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Mar 11, 2024 · Ballard Power Systems Inc BLDP shares are trading lower after it reported the fourth-quarter FY23 results. The company reported fourth-quarter sales growth of 132% year …

newshubpro.com

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Ballard Power Reports 45% Revenue Decline Amid Slowing …

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Nov 5, 2024 · Ballard Power Systems Inc. (NASDAQ:BLDP) shares are trading lower after it reported third-quarter results. Revenue fell 45% year-over-year to $14.8 million, missing the …

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Here's Why We're Not Too Worried About Ballard Power Systems' …

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Apr 15, 2024 · When Ballard Power Systems last reported its December 2023 balance sheet in March 2024, it had zero debt and cash worth US$753m. In the last year, its cash burn was …

yahoo.com

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What In The World Happened To Ballard Power Systems' Revenue?

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May 11, 2021 · Ballard Power stock is 63% off its high price this year. Its market capitalization has fallen from more than $11 billion in February to $4.5 billion. Likewise, the stock's price-to-sales …

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We're Not Very Worried About Ballard Power Systems' (TSE:BLDP) …

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2 days ago · Ballard Power Systems has a market capitalisation of US$528m and burnt through US$131m last year, which is 25% of the company's market value. That's fairly notable cash …

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FAQs about Why did Ballard Power Systems stock go down today? - MarketBeat Coupon?

Why are Ballard Power Systems (BLDP) shares trading lower?

Ballard Power Systems Inc. (NASDAQ: BLDP) shares are trading lower after it reported third-quarter results. Revenue fell 45% year-over-year to $14.8 million, missing the analyst consensus estimate of $23.6 million. Revenue decreased due to weak customer demand, which reflects a push-out in the adoption curve for hydrogen and PEM fuel cells. ...

Why did Ballard Power lose revenue in Q1?

Ballard Power reported revenue of $17.6 million in Q1, which was 26% lower than the year-ago quarter. The company's management cited three main reasons for the drop in revenue. First, last year's comparable quarter was strong due to a large shipment, as well as no impact of COVID-19. So, in comparison, the revenue looked low in the latest quarter. ...

Can Ballard Power Systems raise more cash?

While Ballard Power Systems seems to be in a decent position, we reckon it is still worth thinking about how easily it could raise more cash, if that proved desirable. Issuing new shares, or taking on debt, are the most common ways for a listed company to raise more money for its business. ...

How has Ballard Power Systems changed over time?

Ballard Power Systems reduced its cash burn by 12% during the last year, which points to some degree of discipline. And considering that its operating revenue gained 25% during that period, that's great to see. Considering the factors above, the company doesn’t fare badly when it comes to assessing how it is changing over time. ...

Is Ballard Power Systems a good stock to buy?

The good news is that in our view Ballard Power Systems' cash burn situation gives shareholders real reason for optimism. Not only was its revenue growth quite good, but its cash runway was a real positive. ...

What happened to Ballard Power Systems in Q3 2024?

Ballard Power Systems (TSE:BLDP) has released an update. Ballard Power Systems faced a challenging Q3 2024, with a significant drop in revenue and a major corporate restructuring to cut costs amid slow adoption of hydrogen and PEM fuel cells. ...