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

MDA Space Ltd. (TSE:MDA) – Analysts at Scotiabank raised their FY2026 earnings per share (EPS) estimates for MDA Space in a research note issued to investors on Thursday, May 14th. Scotiabank analyst K. Gupta now forecasts that the company will post earnings per share of $1.41 for the year, up from their prior estimate of $1.38. Scotiabank currently has a “Strong-Buy” rating 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 $1.57 EPS.

MDA has been the topic of several other research reports. Scotia raised their price target on MDA Space from C$49.00 to C$53.00 and gave the company a “sector outperform” rating in a report on Friday, May 8th. Morgan Stanley raised their price target on MDA Space from C$51.00 to C$58.00 in a report on Friday, May 8th. ATB Cormark Capital Markets decreased their price target on MDA Space from C$54.00 to C$53.00 and set an “outperform” rating on the stock in a report on Friday, May 8th. Desjardins raised their price target on MDA Space from C$53.00 to C$55.00 and gave the company a “buy” rating in a report on Friday, May 8th. Finally, Canadian Imperial Bank of Commerce set a C$57.00 price target on MDA Space and gave the company an “outperformer” rating in a report on Thursday. Four equities research analysts have rated the stock with a Strong Buy rating and seven have issued a Buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of C$51.90.

MDA Space Price Performance

MDA Space stock opened at C$53.79 on Friday. The business’s 50-day simple moving average is C$43.14 and its 200 day simple moving average is C$34.72. The stock has a market cap of C$7.46 billion, a price-to-earnings ratio of 67.24 and a beta of -0.92. MDA Space has a 12-month low of C$20.85 and a 12-month high of C$54.40. The company has a quick ratio of 1.00, a current ratio of 0.80 and a debt-to-equity ratio of 20.62.

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

About MDA Space

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.