Bullish Case: Landmark deal with Solaris and U.S. investment tax credits underpin imminent growth. Forecasted CAGR of 29.7% for the fuel cell market enhances upside potential.


Bearish Case: Recent widened Q4 loss and executive share sales suggest internal caution. Historical price implies mean reversion, and analyst 'Hold' ratings point to uncertainty.


Potential Outcomes: 70% likelihood of price appreciation with new Solaris deal. 30% risk of decline if growth fails to match expectations or inflation pressures sector.


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April 04, 2024


Ballard Power Systems Forecast

BLDP        Ballard Power Systems
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











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