FY2026 Earnings Estimate for MDA Space Issued By Desjardins

Key Points

• Desjardins raised its FY2026 earnings per share (EPS) estimate for MDA Space from $1.57 to $1.77, maintaining a "Buy" rating with a price target of $55.00.
• Other analysts, including Royal Bank of Canada and Scotiabank, have also increased their price targets for MDA Space stock, with ratings varying from "outperform" to "strong-buy".
• Despite insider selling activities amounting to over $9 million in the past 90 days, MDA Space maintains a consensus "Buy" rating among equities research analysts.

MDA Space Ltd. (TSE:MDA - Free Report) - Desjardins upped their FY2026 earnings estimates for shares of MDA Space in a research note issued on Monday, August 4th. Desjardins analyst B. Poirier now anticipates that the company will earn $1.77 per share for the year, up from their prior forecast of $1.57. Desjardins currently has a "Buy" rating and a $55.00 target price 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 $2.13 EPS.

Other equities research analysts have also issued reports about the company. Royal Bank Of Canada boosted their target price on MDA Space from C$42.00 to C$53.00 and gave the stock an "outperform" rating in a report on Tuesday, August 5th. Canaccord Genuity Group increased their target price on MDA Space from C$36.00 to C$45.00 and gave the company a "buy" rating in a research note on Friday, July 11th. Scotiabank raised MDA Space from a "hold" rating to a "strong-buy" rating and raised their price target for the stock from C$39.00 to C$55.00 in a research report on Tuesday, August 5th. Finally, BMO Capital Markets boosted their price target on MDA Space from C$33.00 to C$53.00 and gave the company an "outperform" rating in a research note on Tuesday, August 5th. Five analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of C$43.22.

MDA Space Stock Performance

MDA stock traded down C$0.40 during mid-day trading on Thursday, reaching C$41.69. The company had a trading volume of 232,044 shares, compared to its average volume of 502,413. The stock has a market capitalization of C$5.08 billion, a P/E ratio of 74.10 and a beta of 0.02. The company has a quick ratio of 1.00, a current ratio of 0.83 and a debt-to-equity ratio of 34.94. MDA Space has a one year low of C$14.01 and a one year high of C$48.31. The stock's 50-day simple moving average is C$36.48 and its two-hundred day simple moving average is C$29.37.

Insider Buying and Selling at MDA Space

In other news, Senior Officer Minda Marie Suchan sold 40,000 shares of the business's stock in a transaction on Friday, June 20th. The shares were sold at an average price of C$30.64, for a total transaction of C$1,225,608.00. Also, Senior Officer Holly Lynn Johnson sold 31,200 shares of the company's stock in a transaction on Monday, June 23rd. The shares were sold at an average price of C$30.70, for a total transaction of C$957,840.00. Over the last quarter, insiders sold 306,000 shares of company stock valued at $9,024,768. 12.60% of the stock is currently owned by corporate insiders.

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.