MDA Space (TSE:MDA – Free Report) had its price target increased by BMO Capital Markets from C$45.00 to C$50.00 in a report published on Thursday,BayStreet.CA reports.
Other research analysts have also issued research reports about the stock. Canaccord Genuity Group raised their price target on shares of MDA Space from C$37.00 to C$51.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Scotiabank increased their price objective on shares of MDA Space from C$38.00 to C$42.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 21st. Desjardins boosted their target price on shares of MDA Space from C$39.00 to C$48.00 and gave the company a “buy” rating in a report on Friday, February 6th. Morgan Stanley raised MDA Space from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from C$32.00 to C$46.00 in a research note on Friday, January 16th. Finally, Royal Bank Of Canada decreased their price target on shares of MDA Space from C$45.00 to C$38.00 in a research note on Monday, November 17th. One research analyst has rated the stock with a Strong Buy rating and six have issued a Buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of C$47.43.
Check Out Our Latest Stock Analysis on MDA Space
MDA Space Stock Performance
MDA Space (TSE:MDA – Get Free Report) last announced its quarterly earnings results on Wednesday, March 4th. The company reported C$0.45 earnings per share (EPS) for the quarter. The firm had revenue of C$499.10 million during the quarter. MDA Space had a net margin of 7.40% and a return on equity of 8.76%. Equities research analysts anticipate that MDA Space will post 0.9605084 earnings per share for the current year.
Insider Activity at MDA Space
In related news, Director John Carter Risley sold 75,700 shares of the firm’s stock in a transaction dated Tuesday, December 23rd. The shares were sold at an average price of C$27.17, for a total transaction of C$2,056,769.00. Following the transaction, the director directly owned 313,710 shares of the company’s stock, valued at C$8,523,500.70. This trade represents a 19.44% decrease in their ownership of the stock. 12.60% of the stock is currently owned by corporate insiders.
Key MDA Space News
Here are the key news stories impacting MDA Space this week:
- Positive Sentiment: Q4 results showed record revenue and growth: revenue rose ~44% to C$499.1M and adjusted EPS was C$0.45, with management setting growth targets for 2026 — evidence of rising top-line momentum. Article Title
- Positive Sentiment: MDA is accelerating satellite production and winning additional overseas military contracts, which should boost near-term revenue visibility and backlog conversion for its defense/commercial segments. Article Title
- Positive Sentiment: Analysts reiterated Buy ratings and lifted targets: BMO bumped its PT to C$50, Stifel raised its PT to C$57, and Morgan Stanley keeps a Buy at C$51 — signaling continued institutional confidence and upside vs. current levels. BayStreet Analyst Notes TipRanks Analyst Coverage
- Neutral Sentiment: Company investor materials (earnings press release, slide deck and call transcript) are available for details on guidance and backlog composition; these will be important for validating near-term growth assumptions. Press Release / Slides
- Neutral Sentiment: Industry activity (e.g., launch/missile tests) provides context for satellite/defense demand but is ancillary to MDA’s company-specific contracts. Article Title
- Negative Sentiment: Despite the positive news, shares declined today — likely reflecting profit-taking after a strong run, heavier trading volume, and valuation / balance-sheet considerations (high P/E ~49, modest net margin and liquidity ratios) that may prompt short-term caution among investors.
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.
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