FY2026 Earnings Forecast for MDA Space Issued By Scotiabank

MDA Space Ltd. (NYSE:MDA) – Equities researchers at Scotiabank lowered their FY2026 EPS estimates for MDA Space in a report issued on Friday, June 26th. Scotiabank analyst K. Gupta now expects that the company will post earnings of $0.97 per share for the year, down from their prior estimate of $1.03. Scotiabank currently has a “Outperform” rating on the stock. Scotiabank also issued estimates for MDA Space’s FY2027 earnings at $1.11 EPS.

A number of other equities research analysts have also weighed in on MDA. JPMorgan Chase & Co. lifted their price objective on MDA Space from $34.00 to $43.00 and gave the stock an “overweight” rating in a research report on Thursday, May 14th. Jefferies Financial Group upgraded MDA Space to a “strong-buy” rating in a report on Wednesday, June 10th. Canaccord Genuity Group upgraded shares of MDA Space to a “strong-buy” rating in a report on Wednesday, April 22nd. ATB Cormark Capital Markets downgraded shares of MDA Space from a “moderate buy” rating to a “hold” rating in a research report on Friday, May 29th. Finally, Zacks Research upgraded shares of MDA Space from a “strong sell” rating to a “hold” rating in a report on Thursday, June 11th. Two equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, MDA Space presently has a consensus rating of “Moderate Buy” and an average price target of $50.67.

MDA Space Stock Performance

Shares of NYSE:MDA opened at $39.52 on Thursday. The firm’s 50-day simple moving average is $38.06. The stock has a market cap of $5.49 billion and a P/E ratio of 141.14. MDA Space has a 1 year low of $23.23 and a 1 year high of $49.37.

MDA Space (NYSE:MDA) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.23 by $0.05.

MDA Space Company Profile

MDA Space Ltd is a developer and manufacturer of technology and services to the space industry. It is an international space mission partner and robotics, satellite systems, and geo-intelligence pioneer. It is engaged in communications satellites, Earth and space observation, space exploration, and infrastructure. The Company collaborates and partners with governments and space agencies, commercial space companies, and defence and aerospace prime contractors in the space industry. Geographically, it generates the majority of its revenue from Canada.