The company focuses on proton exchange membrane technology, one of several competing technologies in the hydrogen fuel cell market.
To this end, Irwin rates BLDP a Buy, and his $25 price target implies room for 29% growth in 2021.
With an average price target of $24 per share, the potential upside stands at ~24%.
The average price target is $311.10, indicating a potential 15% upside from current levels.
The shares are selling for $21.94 and the average price target of $29.80 suggests room for 36% upside potential in the next 12 months.