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

MDA Space Ltd. (TSE:MDA) – Equities research analysts at Scotiabank raised their FY2026 earnings per share (EPS) estimates for MDA Space in a research note issued to investors on Wednesday, July 15th. Scotiabank analyst K. Gupta now expects that the company will post earnings of $1.39 per share for the year, up from their previous forecast of $1.38. Scotiabank currently has a “Sector Outperform” rating and a $71.00 price target 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 announced its quarterly earnings results on Thursday, May 7th. The company reported C$0.38 earnings per share (EPS) for the quarter. The business 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%.

Other analysts have also issued research reports about the stock. Morgan Stanley upped their target price on shares of MDA Space from C$51.00 to C$58.00 in a research note on Friday, May 8th. BMO Capital Markets raised their price target on shares of 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. Royal Bank Of Canada set a C$58.00 price target on shares of MDA Space and gave the company an “outperform” rating in a research report on Thursday. Desjardins boosted their price target on shares of MDA Space from C$70.00 to C$72.00 and gave the stock a “buy” rating in a report on Wednesday, July 15th. Finally, Jefferies Financial Group raised shares of MDA Space to a “strong-buy” rating in a research report on Wednesday, June 10th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of C$64.70.

MDA Space Price Performance

Shares of TSE:MDA opened at C$42.35 on Monday. The company has a current ratio of 0.80, a quick ratio of 1.00 and a debt-to-equity ratio of 20.62. The stock’s fifty day simple moving average is C$54.58 and its two-hundred day simple moving average is C$44.28. MDA Space has a 1-year low of C$20.85 and a 1-year high of C$67.90. The stock has a market cap of C$6.86 billion, a PE ratio of 53.37 and a beta of -0.34.

Insider Buying and Selling at MDA Space

In other news, insider Holly Lynn Johnson sold 45,000 shares of the business’s 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 value of C$2,375,550.00. Following the sale, the insider owned 60,331 shares of the company’s stock, valued at C$3,184,873.49. The trade was a 42.72% decrease in their ownership of the stock. Also, insider Minda Marie Suchan sold 40,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of C$53.22, for a total transaction of C$2,128,800.00. Following the sale, the insider owned 49,784 shares in the company, valued at C$2,649,504.48. The trade was a 44.55% decrease in their ownership of the stock. Insiders have sold 119,269 shares of company stock worth $6,318,903 over the last ninety days. Company insiders own 12.60% of the company’s stock.

About MDA Space

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.