Ballard Power Systems Announces CEO Transition

Ballard Power Systems ( (TSE:BLDP) ) has issued an announcement.

On June 16, 2025, Ballard Power Systems announced a leadership change with Randy MacEwen stepping down as President and CEO, to be succeeded by Marty Neese effective July 7, 2025. Neese, who has extensive experience in operations and has served on Ballard’s Board for a decade, is expected to drive the company’s next phase of growth and operational efficiency. The transition has been planned to ensure a seamless handover, with MacEwen remaining in an advisory role until September 30, 2025.

The most recent analyst rating on (TSE:BLDP) stock is a Hold with a C$1.75 price target. To see the full list of analyst forecasts on Ballard Power Systems stock, see the TSE:BLDP Stock Forecast page.

Spark’s Take on TSE:BLDP Stock

According to Spark, TipRanks’ AI Analyst, TSE:BLDP is a Neutral.

Ballard Power Systems’ overall stock score is primarily impacted by its weak financial performance, characterized by significant ongoing losses and operational inefficiencies. While technical indicators and corporate events provide some positive momentum, and efforts to reduce costs and improve revenue are underway, the company’s valuation challenges and financial health remain significant risks.

To see Spark’s full report on TSE:BLDP stock, click here.

More about Ballard Power Systems

Ballard Power Systems Inc. operates in the clean energy industry, focusing on the development and commercialization of proton exchange membrane fuel cell products. These products are primarily used in transportation, portable power, and stationary power generation markets.

Average Trading Volume: 869,873

Technical Sentiment Signal: Sell

Current Market Cap: C$722.6M

For detailed information about BLDP stock, go to TipRanks’ Stock Analysis page.