Ballard Power Systems announced plans to achieve adjusted EBITDA profitability by the end of 2027 and sustain it through 2028. The company targets a 30% annual revenue growth over the next two years and expects gross margins to exceed 20% in 2027, rising above 25% in 2028. Ballard is expanding its Hydrogen Power Unit fleet with $80-$120 million in capital investment, financed mostly through asset-backed loans to limit cash use. The firm also highlighted no immediate need for manufacturing or hydrogen production expansion, expecting operating costs to decrease as margins improve.
Ballard Power Systems' plans for adjusted EBITDA profitability by 2027 come amid a diverse Energy-sector market on Pluang. For readers following the Energy sector, here is Pluang's market snapshot as of Oct 22, 2026 18:05 WIB: out of 79 priced US Energy stocks, 51 rose and 22 fell. Notable movers include NXT at USD 79.27 with a 1-day change of -3.06% and a typical hold time of 6 days, UEC at USD 7.66 with 14% sell and 86% buy order activity and a typical hold time of 39 days, and NXE at USD 8.28 with a 1-day change of -2.93% and a typical hold time of 13 days.
Lockheed Martin reported strong Q3 2026 results, beating Wall Street estimates with earnings of $7.97 per share and sales of $20.7 billion, up 11% year-over-year. Net earnings rose 14% to $1.8 billion, supported by a record backlog of $292 billion, i...
IBM reported strong Q3 results with revenue of $17.1 billion and adjusted earnings of $2.95 per share, surpassing analyst estimates. Software revenue grew 9%, led by Red Hat and OpenShift, while AI-related consulting work also contributed significant...
Cowen & Co. initiated a 'Buy' rating on CenterPoint Energy before its Q3 earnings report due October 27, 2026. Analysts expect $2.16 billion in revenue, an 8.4% increase year-over-year, and earnings of $0.50 per share, steady from last year. The comp...
Drofa Comms has released the Women Leading the Way Digital Magazine 2026, aiming to highlight women experts in finance on equal terms with men. The digital magazine features insights from 25 industry professionals and covers topics like AI in wealth ...
Tesla reported third-quarter earnings with free cash flow exceeding expectations, but shares fell after hours despite an initial gain. The company lowered its full-year capital expenditure forecast to about $20 billion from over $25 billion, signalin...
