FY2026 Earnings Estimate for MDA Space Issued By Scotiabank

MDA Space Ltd. (NYSE:MDA) – Research analysts at Scotiabank increased their FY2026 EPS estimates for shares of MDA Space in a research report issued to clients and investors on Wednesday, November 11th. Scotiabank analyst K. Gupta now forecasts that the company will post earnings per share of $1.01 for the year, up from their prior forecast of $0.99. The consensus estimate for MDA Space’s current full-year earnings is $0.97 per share.

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

MDA has been the topic of a number of other reports. National Bank Financial initiated coverage on shares of MDA Space in a report on Monday, September 14th. They set an “outperform” rating on the stock. Royal Bank Of Canada reissued an “outperform” rating and issued a $60.00 target price on shares of MDA Space in a research report on Monday, August 17th. JPMorgan Chase & Co. reduced their target price on MDA Space from $50.00 to $44.00 and set an “overweight” rating for the company in a research note on Tuesday. Weiss Ratings cut MDA Space from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, August 18th. Finally, ATB Cormark Capital Markets raised MDA Space from a “hold” rating to a “moderate buy” rating in a research report on Friday, November 6th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $48.50.

MDA Space Trading Down 5.5%

NYSE MDA opened at $29.23 on Friday. The company has a fifty day simple moving average of $29.07 and a two-hundred day simple moving average of $33.15. MDA Space has a 12-month low of $23.23 and a 12-month high of $49.37. 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

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

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.