Competitor ballard power systems

Who are Ballard Power Systems competitors?

The main competitors of Ballard Power Systems include Thermon Group (THR), PROS (PRO), Methode Electronics (MEI), Digi International (DGII), United States Cellular (USM), Donnelley Financial Solutions (DFIN), SMART Global (SGH), CTS (CTS), Model N (MODN), and Cerence (CRNC). These companies are all part of the "computer and technology" sector.

What is Ballard Power Systems?

Ballard Power Systems is a manufacturer of proton exchange membrane (PEM) fuel cell products for heavy-duty applications, including bus and tram, portable power, and material handling, as well as engineering services. It was founded in 1979 under the corporate name Ballard Research Inc., initially for R&D on high-energy lithium batteries.

Are Ballard Power & Plug Power the same company?

Though the primary markets look different, there is a lot of overlap in Plug Power's and Ballard Power's markets. Ballard Power also supplies fuel cells for material handling applications, and Plug Power is its key customer in this segment. Both companies target the stationary back-up power segment.

Is Ballard Power Systems a good investment?

As you can see, institutional investors have a fair amount of stake in Ballard Power Systems. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does.

When did Ballard Power Systems go public?

Ballard Power Systems went public in 1993 on the Toronto Stock Exchange (TSE) and later in 1995 on the NASDAQ.

Should you buy plug power & Ballard Power Stocks?

Fuel cells are getting much interest in certain markets such as China, Europe, South Korea, and Japan. Still, limited fuel cell adoption, dismal financial performance, risks, and competition make Plug Power and Ballard Power stocks' valuations look stretched.