MDA Space (TSE:MDA) Price Target Raised to C$57.00

MDA Space (TSE:MDA) had its price target raised by Stifel Nicolaus from C$48.00 to C$57.00 in a research note issued to investors on Thursday,BayStreet.CA reports.

A number of other research analysts have also recently commented on MDA. Royal Bank Of Canada lowered their price target on MDA Space from C$45.00 to C$38.00 in a report on Monday, November 17th. Canaccord Genuity Group lifted their price target on shares of MDA Space from C$37.00 to C$51.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Morgan Stanley raised shares of MDA Space from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from C$32.00 to C$46.00 in a report on Friday, January 16th. Scotiabank raised their price objective on MDA Space from C$38.00 to C$42.00 and gave the company an “outperform” rating in a research report on Wednesday, January 21st. Finally, BMO Capital Markets raised their target price on shares of MDA Space from C$36.00 to C$45.00 and gave the company an “outperform” rating in a report on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating and six have assigned a Buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of C$47.43.

MDA Space Price Performance

TSE:MDA opened at C$40.43 on Thursday. The business’s 50-day simple moving average is C$35.26 and its two-hundred day simple moving average is C$32.69. MDA Space has a 52 week low of C$20.85 and a 52 week high of C$48.31. The stock has a market cap of C$5.11 billion, a PE ratio of 47.56 and a beta of -1.20. The company has a quick ratio of 1.00, a current ratio of 0.47 and a debt-to-equity ratio of 30.34.

MDA Space (TSE:MDA) last released its quarterly earnings data on Wednesday, March 4th. The company reported C$0.45 earnings per share for the quarter. MDA Space had a return on equity of 8.38% and a net margin of 6.64%.The firm had revenue of C$499.10 million during the quarter. As a group, analysts forecast that MDA Space will post 0.9605084 EPS for the current fiscal year.

Insider Buying and Selling at MDA Space

In other news, Director John Carter Risley sold 75,700 shares of the firm’s stock in a transaction dated Tuesday, December 23rd. The shares were sold at an average price of C$27.17, for a total value of C$2,056,769.00. Following the completion of the sale, the director owned 313,710 shares in the company, valued at approximately C$8,523,500.70. This trade represents a 19.44% decrease in their position. Corporate insiders own 12.60% of the company’s stock.

Key MDA Space News

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.