FY2026 Earnings Estimate for MDA Space Issued By Desjardins

MDA Space Ltd. (TSE:MDA - Free Report) - Analysts at Desjardins decreased 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 earn $1.57 per share for the year, down from their prior forecast of $1.59. Desjardins has a "Buy" rating and a $40.00 price objective 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.

Several other research firms have also commented on MDA. Scotiabank raised their price objective on shares of MDA Space from C$28.50 to C$34.00 in a research note on Monday, March 10th. Canaccord Genuity Group dropped their price target on shares of MDA Space from C$37.00 to C$36.00 and set a "buy" rating for the company in a research note on Wednesday, May 21st. Five research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target of C$32.89.

MDA Space Trading Up 0.1%

MDA traded up C$0.02 during mid-day trading on Wednesday, hitting C$34.52. 611,757 shares of the stock were exchanged, compared to its average volume of 482,108. The firm's fifty day moving average is C$27.84 and its two-hundred day moving average is C$26.88. MDA Space has a 1-year low of C$11.78 and a 1-year high of C$35.56. The company has a market cap of C$4.21 billion, a PE ratio of 61.36 and a beta of 0.02. The company has a current ratio of 0.83, a quick ratio of 1.00 and a debt-to-equity ratio of 34.94.

Insider Buying and Selling at MDA Space

In other MDA Space news, Senior Officer Guillaume Lavoie bought 1,150 shares of the business's stock in a transaction dated Tuesday, May 13th. The shares were acquired at an average price of C$24.75 per share, with a total value of C$28,462.50. Also, Senior Officer Luigi Pozzebon sold 8,000 shares of the company's stock in a transaction that occurred on Tuesday, June 24th. The shares were sold at an average price of C$32.02, for a total value of C$256,160.00. In the last three months, insiders have sold 306,000 shares of company stock valued at $9,024,768. Insiders own 12.60% of the company's stock.

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.