Cormark Has Positive Outlook for MDA Space FY2026 Earnings

MDA Space Ltd. (TSE:MDA) – Equities research analysts at Cormark upped their FY2026 earnings per share (EPS) estimates for MDA Space in a research report issued to clients and investors on Wednesday, April 2nd. Cormark analyst D. Mcfadgen now forecasts that the company will post earnings per share of $1.34 for the year, up from their previous estimate of $1.31. The consensus estimate for MDA Space’s current full-year earnings is $0.96 per share. Cormark also issued estimates for MDA Space’s FY2026 earnings at $1.34 EPS.

A number of other research analysts have also issued reports on the stock. Scotiabank upped their price target on shares of MDA Space from C$28.50 to C$34.00 in a research note on Monday, March 10th. Citigroup upped their target price on MDA Space from C$26.00 to C$30.00 in a research report on Thursday, January 30th. Finally, Canaccord Genuity Group raised their target price on MDA Space from C$30.00 to C$34.00 in a research note on Friday, December 13th. Four investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, MDA Space has an average rating of “Buy” and an average target price of C$31.43.

MDA Space Stock Performance

Shares of MDA Space stock opened at C$24.02 on Friday. The company has a 50 day moving average price of C$25.40 and a 200 day moving average price of C$24.87. The firm has a market capitalization of C$2.93 billion, a P/E ratio of 42.69 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 52 week low of C$11.44 and a 52 week high of C$30.00.

MDA Space Company Profile

MDA Ltd. designs, manufactures, and services space robotics, satellite systems and components, and intelligence systems in Canada, the United States, Europe, Asia, the Middle East, and internationally. The company offers geointelligence solutions that use satellite-generated imagery and analytic services to deliver critical and value-added insights in the areas of national security, climate change monitoring, and maritime surveillance; owns and operates commercial data distribution for its satellite RADARSAT-2; and distributes high resolution optical imagery, satellite-based automatic identification system data, and radio-frequency data for other third-party missions.