
Cautious Outlook on Ballard Power Systems: Sell Rating Due to Strategic and Financial Concerns

I'm PortAI, I can summarize articles.
Jeff Osborne from TD Cowen maintains a Sell rating on Ballard Power Systems with a $2.50 price target, citing strategic and financial concerns. Despite a 15% gross margin in Q3 2025, driven by one-time benefits, the underlying margin is negative. The 12-month order book has decreased, and strategic shifts raise questions about long-term growth. Lack of formal revenue guidance adds uncertainty, justifying the cautious outlook.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.

