What is Scotiabank’s Forecast for MDA Space FY2026 Earnings?

MDA Space Ltd. (TSE:MDA) – Stock analysts at Scotiabank raised their FY2026 EPS estimates for shares of MDA Space in a research report issued to clients and investors on Wednesday, July 15th. Scotiabank analyst K. Gupta now expects that the company will post earnings per share of $1.39 for the year, up from their previous forecast of $1.38. Scotiabank has a “Sector Outperform” rating and a $71.00 price objective on the stock. The consensus estimate for MDA Space’s current full-year earnings is $0.96 per share. Scotiabank also issued estimates for MDA Space’s FY2027 earnings at $1.65 EPS.

MDA has been the topic of a number of other reports. Scotia upped their target price on MDA Space from C$53.00 to C$70.00 and gave the stock a “sector outperform” rating in a research note on Thursday, May 28th. Morgan Stanley lifted their price target on MDA Space from C$51.00 to C$58.00 in a research report on Friday, May 8th. Stifel Nicolaus lifted their price target on MDA Space from C$70.00 to C$75.00 and gave the company a “buy” rating in a research report on Monday, June 22nd. ATB Cormark Capital Markets cut their price objective on MDA Space from C$62.00 to C$51.00 and set a “sector perform” rating for the company in a report on Friday, July 17th. Finally, Desjardins upped their price objective on shares of MDA Space from C$70.00 to C$72.00 and gave the stock a “buy” rating in a research report on Wednesday, July 15th. Two research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, MDA Space currently has an average rating of “Buy” and an average price target of C$64.70.

MDA Space Price Performance

TSE:MDA opened at C$44.53 on Monday. The firm has a market capitalization of C$7.21 billion, a price-to-earnings ratio of 56.12 and a beta of -0.34. MDA Space has a 52-week low of C$20.85 and a 52-week high of C$67.90. The stock has a fifty day moving average of C$54.26 and a 200 day moving average of C$44.52. The company has a debt-to-equity ratio of 20.62, a quick ratio of 1.00 and a current ratio of 0.80.

MDA Space (TSE:MDA) last released its quarterly earnings results on Thursday, May 7th. The company reported C$0.38 earnings per share for the quarter. MDA Space had a net margin of 6.02% and a return on equity of 7.24%. The firm had revenue of C$464.10 million for the quarter.

Insider Activity at MDA Space

In related news, insider Guillaume Lavoie sold 688 shares of the company’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of C$55.62, for a total value of C$38,266.56. Following the completion of the transaction, the insider directly owned 5,569 shares in the company, valued at approximately C$309,747.78. The trade was a 11.00% decrease in their ownership of the stock. Also, insider Luigi Pozzebon sold 31,686 shares of the stock in a transaction on Thursday, June 11th. The shares were sold at an average price of C$52.90, for a total value of C$1,676,189.40. Over the last quarter, insiders sold 119,269 shares of company stock valued at $6,318,903. 12.60% of the stock is currently owned by insiders.

MDA Space Company Profile

Building the space between proven and possible, MDA Space (TSX:MDA; NYSE:MDA) is a trusted mission partner to the global defence and space industry. A robotics, satellite systems and geointelligence pioneer with a 55-year+ story of world firsts and more than 450 missions, MDA Space is a global leader in communications satellites, Earth and space observation, and space exploration and infrastructure. The global MDA Space team of more than 4,000 space experts has the knowledge and know-how to turn an audacious customer vision into an achievable mission – bringing to bear a one-of-a-kind mix of experience, engineering excellence and wide-eyed wonder that’s been in our DNA since day one.