What is Scotiabank’s Estimate for MDA Space FY2027 Earnings?

MDA Space Ltd. (TSE:MDA) – Analysts at Scotiabank lowered their FY2027 earnings per share (EPS) estimates for MDA Space in a research report issued to clients and investors on Thursday, March 5th. Scotiabank analyst K. Gupta now forecasts that the company will post earnings per share of $1.61 for the year, down from their previous forecast of $1.63. Scotiabank has a “Outperform” rating and a $42.00 price objective on the stock. The consensus estimate for MDA Space’s current full-year earnings is $0.96 per share.

A number of other analysts have also issued reports on MDA. Stifel Nicolaus lifted their price objective on shares of MDA Space from C$48.00 to C$57.00 in a research note on Thursday. Desjardins increased their target price on MDA Space from C$39.00 to C$48.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Canaccord Genuity Group increased 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 research report on Thursday, January 29th. BMO Capital Markets lifted their price objective on shares of MDA Space from C$45.00 to C$50.00 in a report on Thursday. Finally, Morgan Stanley upgraded MDA Space from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from C$32.00 to C$46.00 in a research note on Friday, January 16th. One equities research analyst has rated the stock with a Strong Buy rating and six have given a Buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of C$47.43.

MDA Space Stock Performance

MDA Space stock opened at C$41.61 on Friday. The firm has a market capitalization of C$5.25 billion, a PE ratio of 48.95 and a beta of -1.20. MDA Space has a one year low of C$20.85 and a one year high of C$48.31. The stock’s 50 day moving average price is C$34.99 and its 200 day moving average price is C$32.81. The company has a debt-to-equity ratio of 32.45, a quick ratio of 1.00 and a current ratio of 0.55.

MDA Space (TSE:MDA) last issued its earnings results on Wednesday, March 4th. The company reported C$0.45 earnings per share for the quarter. The company had revenue of C$499.10 million during the quarter. MDA Space had a return on equity of 8.76% and a net margin of 7.40%.

Insider Buying and Selling

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

Key Stories Impacting MDA Space

Here are the key news stories impacting MDA Space this week:

• Positive Sentiment: Record Q4 revenue and profit; management highlighted backlog growth and a C$40 billion five‑year defense opportunity—supports revenue visibility and growth thesis. MDA Space Ltd (MDALF) Q4 2025 Earnings Call Highlights
• Positive Sentiment: Analysts raised targets: BMO lifted its target to C$50 and Stifel to C$57, signaling stronger upside expectations and boosting sentiment. BayStreet.CA analyst ratings
• Positive Sentiment: Multiple firms (BMO, Morgan Stanley, Stifel) reiterated/maintained Buy ratings with targets in the C$50–C$57 range, underpinning consensus optimism on LEO pipeline and backlog-driven growth. TipRanks: Strong execution, expanding LEO pipeline
• Positive Sentiment: Operational update: MDA reported it is speeding satellite production and securing additional overseas military contracts—this improves delivery cadence and defense revenue visibility. BNNBloomberg: MDA speeds production, locks more overseas military contracts
• Neutral Sentiment: Sector/defense context: reports about laser weapons and missile defenses by the U.S. Space Force highlight increasing defense spending and technology demand—relevant to the sector but not a direct MDA announcement. MSN: Laser weapons deployed in Operation Epic Fury
• Negative Sentiment: Minor analyst downgrade: Scotiabank trimmed FY2027 EPS from $1.63 to $1.61—small revision that slightly tempers near‑term earnings expectations but does not change an Outperform rating. MarketBeat: MDA analyst note (Scotiabank)

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.