FY2026 Earnings Forecast for MDA Space Issued By Scotiabank

MDA Space Ltd. (NYSE:MDA) – Investment analysts at Scotiabank increased their FY2026 earnings per share estimates for MDA Space in a research note issued on Wednesday, November 11th. Scotiabank analyst K. Gupta now anticipates that the company will post earnings per share of $1.01 for the year, up from their previous estimate of $0.99. The consensus estimate for MDA Space’s current full-year earnings is $0.97 per share.

MDA Space (NYSE:MDA) last announced its quarterly earnings results on Thursday, November 5th. The company reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.20 by $0.06. MDA Space had a return on equity of 9.21% and a net margin of 5.75%.

Several other research firms have also recently issued reports on MDA. Weiss Ratings cut shares of MDA Space from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, August 18th. ATB Cormark Capital Markets raised shares of MDA Space from a “hold” rating to a “moderate buy” rating in a report on Friday, November 6th. Royal Bank Of Canada restated an “outperform” rating and set a $60.00 price target on shares of MDA Space in a research report on Monday, August 17th. Deutsche Bank reaffirmed a “buy” rating and issued a $41.00 price objective on shares of MDA Space in a report on Monday, August 10th. Finally, National Bank Financial started coverage on shares of MDA Space in a research report on Monday, September 14th. They issued an “outperform” rating for the company. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $48.50.

MDA Space Stock Performance

Shares of NYSE MDA opened at $29.23 on Friday. MDA Space has a 12 month low of $23.23 and a 12 month high of $49.37. The firm’s 50 day simple moving average is $29.07 and its 200-day simple moving average is $33.15. The company has a quick ratio of 2.07, a current ratio of 2.10 and a debt-to-equity ratio of 0.31.

Institutional Trading of MDA Space

Institutional investors have recently bought and sold shares of the business. Van ECK Associates Corp purchased a new stake in shares of MDA Space in the second quarter valued at approximately $135,771,000. Voya Investment Management LLC acquired a new position in shares of MDA Space during the 3rd quarter worth approximately $42,089,000. Tidal Investments LLC acquired a new position in shares of MDA Space during the 2nd quarter worth approximately $53,428,000. Alberta Investment Management Corp purchased a new position in shares of MDA Space during the 3rd quarter valued at approximately $38,318,000. Finally, TD Waterhouse Canada Inc. lifted its position in shares of MDA Space by 37.9% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 992,507 shares of the company’s stock valued at $28,630,000 after buying an additional 272,974 shares in the last quarter.

About MDA Space

MDA Space is a Canadian space technology company that develops and provides systems and services for government, commercial and defense customers. Its work spans satellite communications, Earth observation and space robotics, supporting missions and operations on Earth and in orbit. The company designs and builds satellites and related systems, provides geospatial data and analytics, and develops robotic technologies for space. Its robotics work includes contributions to the Canadarm2 and Dextre systems on the International Space Station, as well as work on Canadarm3, planned for the Lunar Gateway.