The share price of Ballard Power is at an all-time low. The published figures for the fourth quarter of 2023 and the entire year 2023 paint a contradictory picture. The future prospects outlined by the board, however, give cause for optimism. Turnover rose in the fourth quarter to 46.8 million USD –...
Setting up various production lines for stacks is at the focus for Ballard Power. With these, the company can act and deliver during the ramp-up in the next years. With still nearly 800 million USD in the bank, Ballard is in a comfortable situation and is able to finance all investments from its own...
The press conference for the second quarter delivered a number of results that allow a very optimistic outlook for the future of the company. Ballard is positioning itself perfectly in its most important markets: buses and trucks, rail vehicles, maritime transport and stationary energy. This...
The decline in the share price of Ballard Power in the past months is ascribed to the impatience of the many investors who assess primarily the short-term potential of this market leader in the PEM FC area. What counts is the long-term outlook of the company.
PR-wise, it’s still quiet at Ballard, even though there’s definitely many projects and pilots being worked on there. News I would expect on March 17, 2023, when the figures for fiscal 2022 are published, as the executive board then always also presents a forecast and an outlook. The ramp-up of fuel...
Ballard Power is positioning itself as a leading player in the use of fuel cells in the transportation sector. The Canadian company wants to occupy a top position in the new megatrend and expand it to benefit from the tremendous growth expected in the coming years (orders and scaling = revenue and profit). As outlined at the last press conference on the accounting for the third quarter, Ballard is developing a global manufacturing strategy that has the goal of approaching cost reduction potentials and scaling effects as well as supply chain topics on site and using this to their advantage. This is referred to as a local-for-local strategy. It means that Ballard is erecting its own production facility within each country or continent so that it can benefit from the local conditions by being locally present. The sourcing of supply parts, but also the research and development as well as supply chain, will be established there. A perfect example is China.
Ballard Power is going merrily – one could say “unperturbed” – on its way. The Canadian company already has production capacity at its central location in Vancouver in addition to a completed fuel cell production facility in China for, among other things, buses and trucks. Ballard is investing...
It is unfortunately so: There are many traders and short sellers, but also some analysts, who do not focus on the prospects of a company, but take quarterly results as the basis for classification – a very short-term placement, but of course with a (short-term) impact on the share price performance. We’re also seeing this with Ballard, for which I often hear that the turnover is disproportionate to the stock market valuation and that the company is still making losses.
The company is about to enter a phase of exponential, long-term growth, is my interpretation of the earnings call on March 14, 2022 regarding the 2021 annual figures and the fourth quarter. Year 2023 should really start off with Ballard reaping the fruits of years of intensive research and development, various pilot projects and building up production capacities. The Canadian company is working on scaling production capacity in the target markets bus, truck, rail and ship. But that doesn’t happen overnight.
