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

MDA Space Ltd. (TSE:MDA) – Equities researchers at Scotiabank upped their FY2026 earnings per share estimates for shares of MDA Space in a research note issued on Wednesday, July 15th. Scotiabank analyst K. Gupta now expects that the company will earn $1.39 per share for the year, up from their prior forecast of $1.38. Scotiabank has a “Sector Outperform” rating and a $71.00 price objective on the stock. The consensus estimate for MDA Space’s current full-year earnings is $0.96 per share. Scotiabank also issued estimates for MDA Space’s FY2027 earnings at $1.65 EPS.

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

Several other equities research analysts have also recently issued reports on MDA. Scotia boosted their price target on MDA Space from C$53.00 to C$70.00 and gave the company a “sector outperform” rating in a research note on Thursday, May 28th. Jefferies Financial Group upgraded MDA Space to a “strong-buy” rating in a research note on Wednesday, June 10th. Desjardins lifted their price objective on MDA Space from C$70.00 to C$72.00 and gave the company a “buy” rating in a report on Wednesday, July 15th. ATB Cormark Capital Markets cut their target price on MDA Space from C$62.00 to C$51.00 and set a “sector perform” rating for the company in a research report on Friday. Finally, BMO Capital Markets upped their target price on MDA Space from C$53.00 to C$68.00 and gave the company an “outperform” rating in a research report on Monday, June 22nd. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of C$64.70.

MDA Space Stock Performance

Shares of TSE:MDA opened at C$42.17 on Monday. MDA Space has a 12-month low of C$20.85 and a 12-month high of C$67.90. The company’s 50 day moving average price is C$54.40 and its two-hundred day moving average price is C$44.40. The firm has a market cap of C$6.83 billion, a PE ratio of 53.15 and a beta of -0.34. The company has a quick ratio of 1.00, a current ratio of 0.80 and a debt-to-equity ratio of 20.62.

Insider Activity

In related news, insider Guillaume Lavoie sold 688 shares of the stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of C$55.62, for a total transaction of C$38,266.56. Following the sale, the insider owned 5,569 shares in the company, valued at approximately C$309,747.78. This trade represents a 11.00% decrease in their position. Also, insider Holly Lynn Johnson sold 45,000 shares of MDA Space stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of C$52.79, for a total transaction of C$2,375,550.00. Following the completion of the transaction, the insider directly owned 60,331 shares in the company, valued at C$3,184,873.49. This trade represents a 42.72% decrease in their ownership of the stock. In the last 90 days, insiders sold 119,269 shares of company stock worth $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.