Ballard Secures 50 MW Fuel Cell Engine Deal With New Flyer

Ballard Power Systems ( (TSE:BLDP) ) just unveiled an update.

Ballard Power Systems has signed a commercial agreement with New Flyer, a subsidiary of NFI Group, to supply 500 FCmove-HD+ fuel cell engines totaling 50 MW for use in New Flyer’s Xcelsior CHARGE FC hydrogen buses across North America starting in 2026. The deal, New Flyer’s largest single commitment to Ballard to date, deepens a decade-long partnership and underscores growing demand for fuel cell buses as a 1‑for‑1 diesel replacement, while also expanding Ballard’s installed base, which already powers more than 2,200 buses worldwide and is supported by its fleet services for training, technical support, and operational monitoring.

The most recent analyst rating on (TSE:BLDP) stock is a Hold with a C$3.00 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 strong revenue growth and strategic product launches, which are positive indicators. However, significant challenges in profitability, negative valuation metrics, and bearish technical indicators weigh heavily on the score. The earnings call and corporate events provide some optimism, but the financial struggles and lack of profitability remain major concerns.

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

More about Ballard Power Systems

Ballard Power Systems is a Canada-based developer and manufacturer of zero-emission proton exchange membrane (PEM) fuel cell systems. Its fuel cells are used to electrify mobility applications including buses, commercial trucks, trains, marine vessels, and stationary power, with a significant focus on enabling sustainable transportation in North America and Europe.

Average Trading Volume: 694,318

Technical Sentiment Signal: Strong Sell

Current Market Cap: C$818M

Find detailed analytics on BLDP stock on TipRanks’ Stock Analysis page.