Scotiabank Has Bullish Outlook for MDA Space FY2026 Earnings

MDA Space Ltd. (TSE:MDA) – Stock analysts at Scotiabank lifted their FY2026 earnings per share estimates for MDA Space in a research note issued to investors on Thursday, March 5th. Scotiabank analyst K. Gupta now expects that the company will earn $1.46 per share for the year, up from their prior forecast of $1.39. Scotiabank currently has a “Outperform” rating and a $42.00 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 announced its quarterly earnings results on Wednesday, March 4th. The company reported C$0.45 earnings per share for the quarter. MDA Space had a return on equity of 8.38% and a net margin of 6.64%.The company had revenue of C$499.10 million during the quarter.

Several other research firms have also recently issued reports on MDA. Royal Bank Of Canada decreased their target price on shares of MDA Space from C$45.00 to C$38.00 in a research note on Monday, November 17th. 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, March 5th. Canaccord Genuity Group upped their price objective 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. Stifel Nicolaus increased their target price on shares of MDA Space from C$48.00 to C$57.00 in a research note on Thursday, March 5th. Finally, Morgan Stanley upgraded MDA Space from an “equal weight” rating to an “overweight” rating and raised their target price for the company from C$32.00 to C$46.00 in a research report 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 stock. According to data from MarketBeat, MDA Space has a consensus rating of “Buy” and a consensus price target of C$47.43.

MDA Space Trading Up 5.8%

MDA Space stock opened at C$44.47 on Monday. The firm has a market cap of C$5.62 billion, a PE ratio of 52.32 and a beta of -1.20. MDA Space has a 12 month low of C$20.85 and a 12 month high of C$48.31. The stock’s 50 day simple moving average is C$35.92 and its two-hundred day simple moving average is C$32.59. The company has a current ratio of 0.47, a quick ratio of 1.00 and a debt-to-equity ratio of 30.34.

Insider Transactions at MDA Space

In related news, Director John Carter Risley sold 75,700 shares of the business’s 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 completion of the sale, the director owned 313,710 shares of the company’s stock, valued at approximately C$8,523,500.70. The trade was a 19.44% decrease in their position. 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.