FY2026 Earnings Forecast for MDA Space Issued By Scotiabank

MDA Space Ltd. (TSE:MDA) – Equities researchers at Scotiabank lowered their FY2026 EPS estimates for MDA Space in a research note issued on Friday, June 26th. Scotiabank analyst K. Gupta now forecasts that the company will post earnings of $1.38 per share for the year, down from their prior estimate of $1.41. Scotiabank currently has a “Sector Outperform” rating and a $71.00 target price on the stock. The consensus estimate for MDA Space’s current full-year earnings is $0.96 per share.

MDA Space (TSE:MDA) last posted its quarterly earnings data on Thursday, May 7th. The company reported C$0.38 earnings per share for the quarter. The business 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%.

Other equities analysts also recently issued reports about the company. BMO Capital Markets raised their price objective on MDA Space from C$53.00 to C$68.00 and gave the stock an “outperform” 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 report on Thursday, May 28th. Morgan Stanley increased their target price on shares of MDA Space from C$51.00 to C$58.00 in a research report on Friday, May 8th. Canadian Imperial Bank of Commerce set a C$57.00 target price on shares of MDA Space and gave the company an “outperformer” rating in a research report on Thursday, May 14th. Finally, Desjardins raised their price target on shares of MDA Space from C$66.00 to C$70.00 and gave the stock a “buy” rating in a report on Monday, June 22nd. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of C$63.40.

MDA Space Stock Performance

TSE MDA opened at C$58.60 on Thursday. The business’s 50-day moving average price is C$52.88 and its two-hundred day moving average price is C$42.18. MDA Space has a 12 month low of C$20.85 and a 12 month high of C$67.90. The firm has a market capitalization of C$8.13 billion, a PE ratio of 73.85 and a beta of -0.53. The company has a current ratio of 0.80, a quick ratio of 1.00 and a debt-to-equity ratio of 20.62.

Insiders Place Their Bets

In other news, insider Guillaume Lavoie sold 1,500 shares of the business’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of C$52.63, for a total value of C$78,945.00. Following the transaction, the insider directly owned 6,257 shares of the company’s stock, valued at C$329,305.91. The trade was a 19.34% decrease in their position. Also, insider Luigi Pozzebon sold 31,686 shares of the business’s stock in a transaction dated 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. In the last quarter, insiders sold 119,269 shares of company stock valued at $6,318,903. Insiders own 12.60% of the company’s stock.

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.