Ballard Power Systems Inc. (NASDAQ:BLDP) is among the 11 Best Hydrogen Stocks to Invest in Now. Ballard Power Systems Inc. (NASDAQ:BLDP) has announced a strategy realignment under new President and CEO Marty Neese with the goal of strengthening commercial focus and achieving positive cash flow by the end of 2027. The strategy calls for tighter portfolio integration, staff modifications, and a 30% decrease in yearly operating expenses in 2026 compared to H1 2025.
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The change is the result of an evaluation of market conditions and Ballard Power Systems Inc. (NASDAQ:BLDP)’s capabilities, with a focus on near-term prospects where its PEM fuel cell technologies have shown market fit. Priorities include focusing on high-traction fuel cell solutions, terminating non-core programs, expediting next-generation stack preparation, and raising gross margins through cost-cutting and value-based pricing.
Ballard Power Systems Inc. (NASDAQ:BLDP), backed by $550 million in cash as of June 30, 2025, will manage working capital, optimize inventory, and restrict capital expenditures. Neese focused on developing an economically viable corporation based on operational excellence, supplying mobility markets such as buses, trucks, trains, maritime, and stationary electricity. It is ranked ninth on our list of the Best Hydrogen Stocks.
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