FY2026 Earnings Forecast for MDA Space Issued By Scotiabank

MDA Space Ltd. (TSE:MDA) – Investment analysts at Scotiabank dropped their FY2026 earnings estimates for shares of MDA Space in a report released on Friday, June 26th. Scotiabank analyst K. Gupta now expects that the company will post earnings of $1.38 per share for the year, down from their previous forecast of $1.41. 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.

Other equities research analysts also recently issued research reports about the company. Desjardins increased their price target on MDA Space from C$66.00 to C$70.00 and gave the stock a “buy” rating in a research report on Monday, June 22nd. Scotia upped their target price on MDA Space from C$53.00 to C$70.00 and gave the company a “sector outperform” rating in a research report on Thursday, May 28th. Stifel Nicolaus upped their target price 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. Canaccord Genuity Group increased their target price on MDA Space from C$56.00 to C$65.00 and gave the stock a “buy” rating in a report on Monday, June 22nd. Finally, Morgan Stanley raised their price target on MDA Space from C$51.00 to C$58.00 in a research report on Friday, May 8th. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of C$63.40.

MDA Space Price Performance

TSE MDA opened at C$58.60 on Thursday. The company has a current ratio of 0.80, a quick ratio of 1.00 and a debt-to-equity ratio of 20.62. The company has a market cap of C$8.13 billion, a price-to-earnings ratio of 73.85 and a beta of -0.53. The company has a 50 day moving average of C$52.88 and a 200-day moving average of C$42.18. MDA Space has a 1-year low of C$20.85 and a 1-year high of C$67.90.

MDA Space (TSE:MDA) last announced its earnings results on Thursday, May 7th. The company reported C$0.38 earnings per share (EPS) 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.

Insiders Place Their Bets

In other MDA Space news, insider Holly Lynn Johnson sold 45,000 shares of MDA Space stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of C$52.79, for a total value of C$2,375,550.00. Following the transaction, the insider owned 60,331 shares in the company, valued at C$3,184,873.49. The trade was a 42.72% decrease in their ownership of the stock. Also, insider Luigi Pozzebon sold 31,686 shares of the stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of C$52.90, for a total transaction of C$1,676,189.40. Over the last ninety days, insiders sold 119,269 shares of company stock valued at $6,318,903. 12.60% of the stock is owned by corporate 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.