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

MDA Space Ltd. (TSE:MDA) – Equities research analysts at Desjardins reduced their FY2026 earnings per share estimates for MDA Space in a research report issued on Sunday, June 22nd. Desjardins analyst B. Poirier now expects that the company will post earnings per share of $1.57 for the year, down from their prior estimate of $1.59. Desjardins currently has a “Buy” rating and a $40.00 price target on the stock. The consensus estimate for MDA Space’s current full-year earnings is $0.96 per share. Desjardins also issued estimates for MDA Space’s FY2027 earnings at $1.73 EPS.

MDA has been the topic of a number of other reports. Canaccord Genuity Group cut their price target on shares of MDA Space from C$37.00 to C$36.00 and set a “buy” rating on the stock in a report on Wednesday, May 21st. Scotiabank boosted their target price on shares of MDA Space from C$28.50 to C$34.00 in a research note on Monday, March 10th. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of C$32.89.

MDA Space Trading Up 3.1%

Shares of MDA Space stock opened at C$33.14 on Wednesday. MDA Space has a 1 year low of C$11.78 and a 1 year high of C$33.28. The firm has a market cap of C$4.04 billion, a PE ratio of 58.90 and a beta of 0.02. The stock has a fifty day moving average price of C$27.44 and a 200-day moving average price of C$26.80. The company has a debt-to-equity ratio of 34.94, a current ratio of 0.83 and a quick ratio of 1.00.

Insider Transactions at MDA Space

In other MDA Space news, Senior Officer Guillaume Lavoie acquired 1,150 shares of MDA Space stock in a transaction that occurred on Tuesday, May 13th. The stock was acquired at an average cost of C$24.75 per share, for a total transaction of C$28,462.50. Also, Senior Officer Luigi Pozzebon sold 8,000 shares of the business’s stock in a transaction on Tuesday, June 24th. The shares were sold at an average price of C$32.02, for a total transaction of C$256,160.00. In the last 90 days, insiders sold 306,000 shares of company stock worth $9,024,768. 12.60% of the stock is owned by company insiders.

About MDA Space

MDA Space Ltd, formerly MDA Ltd, is a global space company. The Company is a robotics, satellite systems and Geo intelligence provider. It provides communications satellites and earth and space observation. It is also involved in space exploration and infrastructure. Its software, AURORA, is a digital satellite product line providing critical new solutions to operators.