- Fuel cell products and services revenue stood at $17.8 million, slightly below the estimate of $18.1 million.
- Heavy Duty Mobility revenue exceeded expectations, reported at $16.1 million against the estimate of $13.4 million.
- Stationary revenue significantly underperformed, at $0.5 million, with an estimate of $2.34 million.
- Emerging and Other revenue was $1.2 million, surpassing the estimate of $0.99 million.
- The loss per share from continuing operations was recorded at 8.0 cents.
- Adjusted EBITDA loss was noted at $30.6 million, higher than the estimated loss of $25.7 million.
- The gross margin came in better than expected at -8%, compared to an estimate of -17.5%.
- Ballard Power Systems anticipates that their 2025 revenue will be weighted towards the latter half of the year.
- A restructuring plan, announced in July, is targeting a 30% reduction in Ballard’s annual operating costs, largely through workforce reduction.
- Analyst ratings include 2 buys, 11 holds, and 4 sells.
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A look at Ballard Power Systems Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 1 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Ballard Power Systems, a company specializing in hydrogen fuel cells for various applications, has received promising Smart Scores across different factors. With a top score in Value and Momentum, it indicates a strong potential for growth and positive market performance in the long term. The high Value score suggests that the company’s current stock price may be undervalued compared to its intrinsic worth, attracting investors looking for bargains. Additionally, the Momentum score highlights the company’s positive market direction recently, indicating a potential upward trend in the foreseeable future.
While Ballard Power Systems excels in Value and Momentum, it faces challenges in Dividend and Growth scores. The low Dividend score may deter income-seeking investors, as the company may not offer significant dividend payouts. Similarly, the moderate Growth score implies that the company’s expansion and revenue generation may not be as robust as other factors. However, the Resilience score of 3 indicates a moderate ability to withstand economic downturns or industry challenges, providing some stability in the company’s overall outlook.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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