Ballard Power Systems Inc

BLDP: XTSE (CAN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	CAD 5.00	Zfkw	Zsxghyyzj

Ballard Earnings: Firm Adjusting Manufacturing Plans to Policy Environment; Shares Fairly Valued

Brett Castelli

Aug 9, 2023

We maintain our $5/CAD 6.50 fair value estimate for no-moat Ballard Power Systems following its second-quarter results. We view shares as fairly valued.

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