What is Scotiabank’s Forecast for MDA Space FY2026 Earnings?

MDA Space Ltd. (TSE:MDA) – Stock analysts at Scotiabank raised their FY2026 EPS estimates for shares of MDA Space in a note issued to investors on Thursday, March 5th. Scotiabank analyst K. Gupta now expects that the company will post earnings of $1.46 per share for the year, up from their previous estimate of $1.39. Scotiabank currently has a “Outperform” rating and a $42.00 price target on the stock. The consensus estimate for MDA Space’s current full-year earnings is $0.96 per share.

MDA Space (TSE:MDA) last announced its quarterly earnings results on Wednesday, March 4th. The company reported C$0.45 earnings per share (EPS) 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.

A number of other equities research analysts have also issued reports on the company. Desjardins increased their target price on MDA Space from C$39.00 to C$48.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Royal Bank Of Canada reduced their price target on MDA Space from C$45.00 to C$38.00 in a research report on Monday, November 17th. Canaccord Genuity Group increased their price objective on shares of MDA Space from C$37.00 to C$51.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. Stifel Nicolaus lifted their price objective on shares of MDA Space from C$48.00 to C$57.00 in a research note on Thursday. Finally, Morgan Stanley raised shares of MDA Space from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from C$32.00 to C$46.00 in a research report on Friday, January 16th. One analyst has rated the stock with a Strong Buy rating and six have given a Buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of C$47.43.

MDA Space Trading Down 2.8%

Shares of MDA opened at C$40.43 on Monday. The stock’s 50-day moving average is C$35.26 and its two-hundred day moving average is C$32.61. The stock has a market cap of C$5.11 billion, a PE ratio of 47.56 and a beta of -1.20. MDA Space has a 12 month low of C$20.85 and a 12 month high of C$48.31. The company has a debt-to-equity ratio of 30.34, a current ratio of 0.47 and a quick ratio of 1.00.

Insider Activity at MDA Space

In related news, Director John Carter Risley sold 75,700 shares of the business’s stock in a transaction dated Tuesday, December 23rd. The stock was sold at an average price of C$27.17, for a total value 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. The trade was a 19.44% decrease in their ownership of the stock. Company insiders own 12.60% of the company’s stock.

MDA Space News Summary

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.

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. AURORA technology enables constellations to extend communication networks to every corner of the globe with digital automation, and robotics.