Ballard Power Systems Inc. (NASDAQ:BLDP) is realigning its strategy under new CEO Marty Neese to focus on commercial growth and positive cash flow by 2027. This includes a 30% decrease in operating expenses by 2026 and a tighter portfolio integration. They are ranked ninth in the 11 Best Hydrogen Stocks to Invest in Now list.

The shift comes after an evaluation of market conditions and focuses on PEM fuel cell technologies. Ballard aims to enhance fuel cell solutions, cut costs, and raise gross margins. With $550 million in cash as of June 30, 2025, they plan to optimize working capital and cater to mobility markets like buses and trains.

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Read more at Yahoo Finance: Ballard Reports Strategic Realignment To Strengthen Commercial Focus And Achieve Positive Cash Flow Under New Management