Ballard Power Systems

Ballard Power's stock rose 2.2% to CA$3.23, supported by expectations of an imminent closing of the takeover of British hydrogen specialist GeoPura, which management is targeting for September. In Q2 2026 Ballard recorded 15% revenue growth, a gross margin improvement of 28 percentage points, and a 34% reduction in operating expenses. The company is repositioning strategically toward an integrated "Energy-as-a-Service" model and is targeting profitability by the end of 2027; analysts raised price targets but remained largely cautious. Positive insider purchases and improved operating metrics are seen as additional support for the stock move. » Más en de.investing.com

Ballard Power has completed the acquisition of UK hydrogen specialist GeoPura. The transaction values GeoPura at an upfront consideration of £275.0 million, consisting of £82.5 million in cash, 49,584,212 newly issued Ballard shares and RSUs that will convert into a further 1,084,540 shares; former GeoPura shareholders will hold pro forma around 14.1% of the common shares. In addition, contingent earn‑outs of up to £27.5 million are possible; GeoPura supplies hydrogen modules, operates electrolysis and runs the largest compressed hydrogen fleet in the UK. Andrew Cunningham was named president of Ballard, and Cunningham and Lord Richard Harrington joined the board of directors. » Más en de.investing.com

Ballard Power reported Q2 2026 revenue of $20.6 million, missing the consensus forecast of $25.72 million. Despite the revenue disappointment, gross margin improved to 20%, operating expenses fell 34% and the adjusted EBITDA loss narrowed significantly. The company announced a planned acquisition of GeoPura with an initial purchase price of £275 million, which is expected to expand the business model and contribute to profitability by the end of 2027. The stock fell about 5% in premarket trading; investors are focusing short-term on the revenue shortfall while management emphasizes margin and balance-sheet strength and expected synergies. » Más en de.investing.com