Hydrogen stocks remain speculative. The three companies below lose money and carry higher risk than established industrial companies.
Ballard Power Systems Inc. reported moderate revenue momentum in Q2, but the backlog finally showed an improvement due to strong orders. Cost cuts in R&D and manufacturing have cut BLDP's losses significantly, enabling a very long cash runway. The GeoPura acquisition deepens BLDP's position in the hydrogen value chain.
Ballard Power Systems NASDAQ: BLDP reported higher second-quarter revenue, improved gross margin and lower operating expenses, while outlining plans to expand beyond fuel cell engine supply through its proposed acquisition of hydrogen power company GeoPura.
Ballard Power Systems (BLDP) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to a loss of $0.08 per share a year ago.
Here is how Ballard Power Systems (BLDP) and Exelon (EXC) have performed compared to their sector so far this year.
Ballard (BLDP) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
PLGO, BLDP and GNK made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 23, 2026.
PLGO, BLPD, INN, RFIL and MBOT have been added to the Zacks Rank #1 (Strong Buy) List on July 23, 2026.
Here is how Ballard Power Systems (BLDP) and FirstEnergy (FE) have performed compared to their sector so far this year.
The heavy selling pressure might have exhausted for Ballard (BLDP) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Ballard Power reported mixed first quarter results with a slight sales miss offset by substantial year-over-year margin increases and operating expense reductions. While the company's core markets remain under pressure from competing battery-electric solutions, more than a decade of cash runway provides substantial option value. While Ballard Power's data center opportunity remains limited to small backup power solutions, momentum appears to be the name of the game right now.
Here is how Ballard Power Systems (BLDP) and Energias de Portugal (EDPFY) have performed compared to their sector so far this year.