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Ballard Power Systems Inc.Bullish
Ballard Power Systems announced a strategic plan targeting adjusted EBITDA profitability by the end of 2027 and full-year profitability in 2028. The company aims for a 30% compound annual revenue growth rate over the next two years and expects gross margins to exceed 25% by 2028, while allocating $80 million to $120 million for HPU fleet expansion.…more
Ballard Power Systems Inc.
Ballard Power Systems announced the successful deployment of its hydrogen fuel cell-based mobile power solutions at major music festivals and sporting events through its subsidiary, GeoPura. This initiative highlights the strategic integration of Ballard's fuel cell technology with GeoPura's operational capabilities to accelerate expansion into North American and European markets.…more
Ballard Power Systems Inc.
Ballard Power Systems will hold a conference call on November 16, 2026, at 8:00 a.m. PT to review its operating results for the third quarter of 2026. Investors can access the live call via telephone or through a webcast link provided on the company's investor relations website.…more
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Ballard Power Systems Targets 20%+ Gross Margins and Profitability by 2027…more
Ballard Power Systems announced targets to achieve over 20% gross margins and adjusted EBITDA profitability by the end of 2027. The company also plans to invest $80 million to $120 million in capital expenditures to expand its hydrogen power unit fleet.…more
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Ballard Power Systems has secured an order from Siemens Mobility to supply 4.8MW of FCrail modules for 12 hydrogen trains in Romania. As the specific contract value was not disclosed, the impact on future earnings remains to be monitored.…more
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Ballard Power Systems has introduced the Fleet360 lifecycle program, offering a performance guarantee of up to 250,000 miles for its new North American fuel cell fleets. This initiative aims to enhance operational reliability and support for its hydrogen fuel cell customers.…more
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