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

MDA Space Ltd. (TSE:MDA) – Scotiabank cut their FY2026 earnings per share estimates for MDA Space in a research note issued to investors on Friday, January 23rd. Scotiabank analyst K. Gupta now anticipates that the company will post earnings per share of $1.39 for the year, down from their prior forecast of $1.50. Scotiabank has a “Outperform” rating and a $42.00 price target on the stock. The consensus estimate for MDA Space’s current full-year earnings is $0.96 per share.

MDA Space (TSE:MDA) last issued its earnings results on Friday, November 14th. The company reported C$0.35 EPS for the quarter. The firm had revenue of C$409.80 million for the quarter. MDA Space had a return on equity of 6.17% and a net margin of 7.22%.

MDA has been the topic of several other research reports. BMO Capital Markets lowered their target price on shares of MDA Space from C$36.00 to C$32.00 in a report on Monday, November 17th. Royal Bank Of Canada dropped their target price on MDA Space from C$45.00 to C$38.00 in a research report on Monday, November 17th. Morgan Stanley raised MDA Space from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from C$32.00 to C$46.00 in a report on Friday, January 16th. Finally, Stifel Nicolaus set a C$48.00 price target on MDA Space and gave the company a “buy” rating in a research report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating and six have assigned a Buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of C$40.75.

MDA Space Price Performance

Shares of TSE MDA opened at C$39.07 on Monday. MDA Space has a 1-year low of C$19.96 and a 1-year high of C$48.31. The company has a debt-to-equity ratio of 34.94, a current ratio of 0.83 and a quick ratio of 1.00. The company has a market cap of C$4.93 billion, a price-to-earnings ratio of 45.96 and a beta of -1.15. The stock’s 50-day moving average is C$27.78 and its two-hundred day moving average is C$33.47.

Insider Buying and Selling

In other MDA Space news, Director John Carter Risley sold 75,700 shares of the stock in a transaction on Tuesday, December 23rd. The shares were sold at an average price of C$27.17, for a total value of C$2,056,769.00. Following the sale, the director directly owned 313,710 shares in the company, valued at approximately C$8,523,500.70. This trade represents a 19.44% decrease in their ownership of the stock. Corporate insiders own 12.60% of the company’s stock.

MDA Space Company Profile

MDA Space Ltd, formerly MDA Ltd, is a global space company. The Company is a robotics, satellite systems and Geo intelligence provider. It provides communications satellites and earth and space observation. It is also involved in space exploration and infrastructure. Its software, AURORA, is a digital satellite product line providing critical new solutions to operators. AURORA technology enables constellations to extend communication networks to every corner of the globe with digital automation, and robotics.