Ballard Power Systems Inc.
BLDPBallard Power Systems Inc. is a Canadian company specializing in the development and commercialization of proton exchange membrane (PEM) fuel cell products for transportation, portable power, and stationary power generation. Founded in 1979, it focuses on clean energy solutions, producing fuel cell stacks and systems designed to provide sustainable and efficient power alternatives across various industries.
Company News
Plug Power (PLUG) surged 16.67% to $2.59 on January 22, 2026, following CEO Andy Marsh's Reddit AMA discussing funding needs and a new Walmart agreement to cancel a 2017 stock warrant deal. The move addresses investor concerns about share dilution, while the company continues to attract interest from those betting on its role in powering AI data ...
Ballard Power Systems reported Q3 earnings with a narrowing net loss, increased revenue, and improved gross margins. The company reduced cash operating costs and lowered capital expenditure outlook, but saw a decline in order backlog.
Ballard Power Systems reported a 120% year-over-year revenue increase to $32.5 million, driven primarily by bus and rail segment deliveries. The company showed progress in restructuring efforts, improved gross margins, and is focusing on strategic market alignment while working towards cash flow positivity.
Ballard Power stock surged 25.1% after H.C. Wainwright raised Plug Power's price target, with investors potentially associating positive momentum across hydrogen fuel cell stocks.
The global automotive fuel cell market is projected to grow from USD 5.01 billion in 2023 to USD 86.83 billion by 2032, with a CAGR of 37.29%, driven by zero-emission mobility, government incentives, and technological advancements in fuel cell technology.
