$BLDP

Fuel cell stocks FuelCell Energy (FCEL), Plug Power (PLUG), and Bloom Energy (BE) rebounded 6%, 5%, and 4% respectively, recovering some post-election losses. Texas's governor comments eased concerns for FuelCell's Texas project, while Bloom Energy reported strong Q3 2026 revenue growth. Plug Power's earnings report is upcoming. Investors await clarity on Texas permitting and Plug Power's results for further direction.

Ballard Power Systems (BLDP) announced its FCmove®-SC fuel cell engine will debut in Solaris's new hydrogen bus. The engine offers improved power density, easier servicing, and enhanced safety. Ballard, a leader in hydrogen solutions, has powered over 2,500 buses and offers lifecycle support services.

Ballard Power Systems (BLDP) launched the HPU Agile-H, a towable 80kW hydrogen power unit, developed with GeoPura and manufactured by Siemens Energy. It is designed for flexible, clean power needs and will be available for pre-order with deliveries starting in Q1 2027. The unit targets markets in the UK, Europe, and North America, offering a mobile alternative to diesel generators for various applications.

Jefferies cut Ballard Power Systems' (BLDP) price target to $1.68 from $2.52, citing lower peer multiples and integration risks, while maintaining a Hold rating. The stock trades at $1.54, with a Fair Value of $2.09. Ballard reported Q2 2026 revenue of $21M, missing estimates, but showed gross margin improvements. HSBC upgraded BLDP to Buy with a $3.60 target, while UBS lowered its sales outlook and price target.

Ballard Power Systems (BLDP) held its Ballard Forum, outlining growth plans. The company targets 30% revenue CAGR over two years, 20%+ gross margins by 2027, and adj. EBITDA profitability by late 2027. Ballard plans $80M-$120M in HPU fleet expansion, financed at 80%+ loan-to-value. No immediate need for manufacturing or hydrogen production investment was noted.

Ballard Power Systems plans to invest $80M-$120M to expand its hydrogen power unit fleet, targeting 30% revenue CAGR and 20%+ gross margins by 2027. The company aims for adjusted EBITDA profitability by late 2027, financed through asset-backed loans. Ballard's business model includes energy-as-a-service and equipment sales, with no immediate need for manufacturing expansion.

Ballard Power Systems reported that GeoPura, a UK hydrogen power provider it acquired, is using Ballard fuel cells to provide clean electricity for live entertainment events, reducing air pollution. Ballard's shares (T.BLDP) are up $0.03 at $2.16.

Ballard Power Systems launched Fleet360, a lifecycle-services program for its FCmove-HD+ fuel-cell modules in North America. The package includes digital monitoring, technical support, and other services, with an optional FCcare+ tier offering a power-output guarantee for up to 250,000 miles. The announcement was made at the APTA TRANSform & EXPO 2026 in Chicago.

Parallel Systems raised $100M in Series C funding for autonomous freight rail. Ballard Power received a $24M order from Siemens for hydrogen rail trains. Mitsubishi Heavy Industries got an order for 8 more trains for Singapore's light-rail network.

Ballard Power Systems (BLDP) received a 4.8MW order from Siemens Mobility for 24 fuel cell modules to power 12 hydrogen trains in Romania, the largest deployment of the Mireo Plus H platform. Deliveries are scheduled for 2027-2028, with passenger service starting in 2029. This order builds on a 2022 supply agreement and marks the first hydrogen train fleet in Eastern Europe.