MDA Space (TSE:MDA – Free Report) had its price objective increased by BMO Capital Markets from C$45.00 to C$50.00 in a report released on Thursday morning,BayStreet.CA reports.
A number of other equities analysts have also weighed in on the company. Morgan Stanley upgraded MDA Space from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from C$32.00 to C$46.00 in a research note on Friday, January 16th. Stifel Nicolaus raised their target price on MDA Space from C$48.00 to C$57.00 in a report on Thursday. Desjardins lifted their price target on MDA Space from C$39.00 to C$48.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Canaccord Genuity Group boosted their price target on MDA Space from C$37.00 to C$51.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Finally, Royal Bank Of Canada decreased their price target on MDA Space from C$45.00 to C$38.00 in a report on Monday, November 17th. One research analyst has rated the stock with a Strong Buy rating and six have assigned a Buy rating to the company’s stock. According to data from MarketBeat.com, MDA Space presently has an average rating of “Buy” and a consensus target price of C$47.43.
Check Out Our Latest Report on MDA
MDA Space Stock Down 2.8%
MDA Space (TSE:MDA – Get Free Report) last posted its earnings results on Wednesday, March 4th. The company reported C$0.45 earnings per share (EPS) for the quarter. MDA Space had a net margin of 6.64% and a return on equity of 8.38%. The company had revenue of C$499.10 million during the quarter. As a group, equities research analysts anticipate that MDA Space will post 0.9605084 EPS for the current year.
Insider Transactions at MDA Space
In other MDA Space news, Director John Carter Risley sold 75,700 shares of the stock in a transaction that occurred on Tuesday, December 23rd. The stock was sold at an average price of C$27.17, for a total transaction of C$2,056,769.00. Following the transaction, the director owned 313,710 shares in the company, valued at approximately C$8,523,500.70. This represents a 19.44% decrease in their ownership of the stock. Corporate insiders own 12.60% of the company’s stock.
Key Headlines Impacting MDA Space
Here are the key news stories impacting MDA Space this week:
- Positive Sentiment: Q4 results showed record revenue growth and rising profitability — MDA reported Q4 revenue up ~44% to C$499.1M with higher quarterly profit and management setting 2026 growth targets; this supports higher revenue visibility and investor confidence. BNN Bloomberg: Q4 Revenue
- Positive Sentiment: Backlog and defense pipeline expansion — management highlighted a C$40B, five‑year defense opportunity and stronger backlog, supporting multi‑year revenue visibility and LEO satellite production growth. MarketWatch: Defense Pipeline
- Positive Sentiment: Operational execution: faster satellite production and new overseas military contracts — reporting that MDA is speeding production and winning more military work underpins near‑term revenue growth and margin potential. BNN Bloomberg: Production & Contracts
- Positive Sentiment: Analyst upgrades/target increases — Multiple firms raised targets or reiterated Buys: BMO raised its target to C$50 (maintained Buy), Stifel lifted its target to C$57, and Morgan Stanley kept a Buy with C$51, signaling analyst confidence and providing upside support. BayStreet: Analyst Targets TipRanks / Morgan Stanley
- Neutral Sentiment: Earnings call highlights and investor presentation provided detail on growth drivers (LEO pipeline, backlog) — useful for longer‑term thesis but largely confirms what analysts already priced in. Yahoo Finance: Q4 Call Highlights
- Neutral Sentiment: Wider defense/law enforcement tech stories (e.g., laser weapons, missile tests) increase geopolitical focus on space/defense spending; indirectly supportive for MDA but not a direct company announcement. MSN: Laser Weapons / Space Force
- Negative Sentiment: Minor analyst EPS cut from Scotiabank — Scotiabank trimmed FY2027 EPS from $1.63 to $1.61 while keeping an Outperform rating and C$42 target; the small downgrade may have contributed to short‑term selling pressure despite the positive fundamentals.
MDA Space Company Profile
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. AURORA technology enables constellations to extend communication networks to every corner of the globe with digital automation, and robotics.
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