Ballard Power Systems stock falls 5.99 percent on October 16, 2026
Published on 10/17/2026 at 18:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTrading levels and upcoming date
- Ballard Power Systems posted a 5.99 percent Nasdaq decline on October 16, 2026.
- Susquehanna set a USD 2.00 target on October 14, 2026.
- Ballard Power Systems stock stood at USD 1.57 at 4:00 p.m. ET on October 16, 2026, down 5.99 percent versus the Nasdaq prior close.
- Ballard Power Systems will review third-quarter results on November 16, 2026.
Ballard Power Systems stock (ISIN CA0585861085) fell 5.99 percent on October 16, 2026, leaving the shares close to their 52-week low. The last Nasdaq price stood at USD 1.57 at 4:00 p.m. ET, down from the prior close of USD 1.67.
Susquehanna target revised
Susquehanna lowered its Ballard target from USD 3.00 to USD 2.00 while retaining a Neutral rating in a note dated October 14, 2026, according to Markets Insider. The revised target was 27.39 percent above the USD 1.57 Nasdaq price.
Near the yearly low
Ballard's 52-week range was USD 1.55 to USD 6.57, according to The Cerbat Gem. The latest price was 1.29 percent above the lower end and 76.10 percent below the high. Trading volume reached 2,942,414 shares on October 16, 2026, versus an average of 3,775,906 shares.
Valuation and reporting date
Ballard reported USD 20.60 million in second-quarter 2026 revenue and a USD 20.28 million net loss for that period. Revenue increased from USD 19.42 million in the first quarter, while the quarterly loss widened from USD 11.39 million. The figures are consistent with the second-quarter report summarized by The Cerbat Gem.
Ballard will review third-quarter 2026 operating results during a conference call on November 16, 2026, at 10:00 a.m. ET, according to its company release dated October 17, 2026.
Comparison with peers
BLDP (Nasdaq, USD): minus 5.99 percent, P/E minus 6.13, market capitalization USD 473.3 million
Plug Power (Nasdaq, USD): minus 7.07 percent, P/E minus 1.01, market capitalization USD 1.9 billion
FuelCell Energy (Nasdaq, USD): minus 7.74 percent, P/E minus 3.79, market capitalization USD 1.0 billion
Trading after the decline
Ballard's market value was USD 473.3 million on October 16, 2026. The stock's position near its yearly low and the lower USD 2.00 analyst target leave the November results as the next dated test for the fuel-cell maker.
Ballard Power Systems last stood at USD 1.57 on Nasdaq on October 16, 2026 at 4:00 p.m. ET, down 5.99 percent versus the Nasdaq prior close of October 15, 2026.
Ballard Power Systems market profile
- Company: Ballard Power Systems Inc.
- ISIN: CA0585861085
- Ticker: BLDP
- Primary exchange: Nasdaq
- Price Nasdaq: USD 1.57 (as of October 16, 2026, 4:00 p.m. ET)
- Change versus Nasdaq prior close: minus 5.99 percent
- Market capitalization: USD 473.3 million (as of October 16, 2026)
- 52-week range: USD 1.55-6.57 (as of October 16, 2026)
- Sector / Industry: Industrials / Electrical Equipment and Parts
- Next earnings date: November 16, 2026
Market context: Market report S&P/TSX Composite.
