Ballard Power Systems Inc Dossier
Outlook & Key Dates
Estimates, guidance, catalysts, and upcoming events
Analyst Estimates Learn more →
5-Yr Fwd EPS Growth
35.9%projected annual EPS growth
Analyst Coverage
10analysts covering
FY EPS (est.)
-$0.17next fiscal year
Monitoring Framework
Key Performance Indicators
Quarterly Revenue Quarterly19.4MTarget: Back-half weighted growth in 2026
Gross Margin Quarterly1,400.0%Target: Sustained positive gross margin scaling toward cash flow positivity
Total Operating Expenses Annually16.4MTarget: 65000000 to 75000000 for fiscal year 2026
Order Backlog Quarterly112.9MTarget: Rebound in order intake and conversion
Watch Items
- Hydrogen Fuel Cell Bus Market AdoptionTrigger: Sustained multi-year commitments from major transit OEMs like New Flyer, Wrightbus, and SolarisAction: Monitor delivery schedules and conversion of the 12-month orderbook (currently at $52.8M).
- Operating Cost Structure and Cash BurnTrigger: Operating cash burn exceeding $10M per quarterAction: Review progress of the 2025/2026 restructuring actions aimed at reducing annualized operating costs by 30%.
Research as of 19 Jun 2026