Scotiabank Comments on MDA Space’s FY2026 Earnings (TSE:MDA)

MDA Space Ltd. (TSE:MDA) – Stock analysts at Scotiabank lifted their FY2026 earnings per share (EPS) estimates for shares of MDA Space in a research note issued to investors on Wednesday, November 11th. Scotiabank analyst K. Gupta now expects that the company will post earnings per share of $1.44 for the year, up from their prior estimate of $1.39. The consensus estimate for MDA Space’s current full-year earnings is $0.96 per share.

MDA Space (TSE:MDA) last released its earnings results on Thursday, November 5th. The company reported C$0.37 EPS for the quarter. The company had revenue of C$498.10 million during the quarter. MDA Space had a return on equity of 5.52% and a net margin of 5.73%.

A number of other brokerages have also recently issued reports on MDA. Royal Bank Of Canada reduced their price objective on shares of MDA Space from C$60.00 to C$55.00 and set an “outperform” rating on the stock in a research note on Monday, October 19th. Canaccord Genuity Group reduced their price target on shares of MDA Space from C$65.00 to C$64.00 and set a “buy” rating for the company in a report on Monday, August 10th. National Bank Financial set a C$55.00 price objective on MDA Space and gave the stock an “outperform” rating in a report on Tuesday, September 15th. 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. Three investment analysts have rated the stock with a Strong Buy rating and nine have issued a Buy rating to the company. According to MarketBeat, the company has an average rating of “Buy” and an average target price of C$63.18.

MDA Space Trading Down 5.5%

MDA stock opened at C$41.71 on Friday. The business has a fifty day moving average of C$40.93 and a 200-day moving average of C$44.54. The company has a market cap of C$6.76 billion, a P/E ratio of 56.36 and a beta of -0.22. MDA Space has a twelve month low of C$20.85 and a twelve month high of C$67.90. The company has a quick ratio of 1.00, a current ratio of 2.10 and a debt-to-equity ratio of 31.46.

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.