Ballard Power Systems (NASDAQ:BLDP) Stock Price Passes Above 200-Day Moving Average - Here's What Happened

Market Beat
2025.12.09 08:37
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Ballard Power Systems' stock (NASDAQ:BLDP) crossed above its 200-day moving average, trading as high as $2.87. Despite recent analyst downgrades, the stock has seen increased interest from institutional investors. The company reported better-than-expected quarterly earnings, with a revenue of $32.66 million. Analysts have a mixed outlook, with an average rating of "Reduce" and a price target of $2.21. The company specializes in proton exchange membrane fuel cell products.