Ballard Power Systems Announces Q2 2025 Results and Strategic Realignment

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

Ballard Power Systems reported its Q2 2025 financial results, highlighting a strategic realignment aimed at achieving positive cash flow by the end of 2027. The company plans to reduce annualized operating costs by approximately 30% through workforce reductions and product portfolio simplification. Despite a challenging order intake, Ballard saw an 11% increase in revenue year-over-year, driven by deliveries to bus and rail customers. The company ended the quarter with $550 million in cash and no bank debt, positioning it well to continue its leadership in the hydrogen and fuel cell space.

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 low due to significant financial performance challenges, including persistent losses and poor cash flow generation. However, positive aspects from recent corporate events and earnings call guidance, along with some technical indicators, provide a slight offset.

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

More about Ballard Power Systems

Ballard Power Systems is a company operating in the hydrogen and fuel cell industry, focusing on providing solutions for heavy mobility and stationary power applications. The company’s primary products include fuel cell systems for buses, rail, and marine applications, with a market focus on North American and European customers.

YTD Price Performance: -5.30%

Average Trading Volume: 881,115

Technical Sentiment Signal: Hold

Current Market Cap: C$749.6M

For a thorough assessment of BLDP stock, go to TipRanks’ Stock Analysis page.