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

MDA Space Ltd. (NYSE:MDA) – Equities research analysts at Scotiabank upped their FY2026 earnings per share estimates for MDA Space in a research report issued to clients and investors on Wednesday, July 15th. Scotiabank analyst K. Gupta now expects that the company will post earnings of $0.99 per share for the year, up from their prior estimate of $0.97. Scotiabank currently has a “Outperform” rating on the stock. Scotiabank also issued estimates for MDA Space’s FY2027 earnings at $1.17 EPS.

Several other brokerages have also commented on MDA. Jefferies Financial Group upgraded MDA Space to a “strong-buy” rating in a research note on Wednesday, June 10th. Canaccord Genuity Group raised shares of MDA Space to a “strong-buy” rating in a research note on Wednesday, April 22nd. Zacks Research upgraded shares of MDA Space from a “strong sell” rating to a “hold” rating in a report on Thursday, June 11th. ATB Cormark Capital Markets downgraded shares of MDA Space from a “moderate buy” rating to a “hold” rating in a research report on Friday, May 29th. Finally, Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of MDA Space in a report on Monday, June 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $50.67.

MDA Space Stock Down 0.8%

Shares of MDA stock opened at $30.00 on Monday. MDA Space has a twelve month low of $23.23 and a twelve month high of $49.37. The stock has a fifty day moving average price of $38.82. The stock has a market cap of $4.86 billion and a PE ratio of 107.14.

MDA Space (NYSE:MDA) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.23 by $0.05.

MDA Space Company Profile

MDA Space Ltd is a developer and manufacturer of technology and services to the space industry. It is an international space mission partner and robotics, satellite systems, and geo-intelligence pioneer. It is engaged in communications satellites, Earth and space observation, space exploration, and infrastructure. The Company collaborates and partners with governments and space agencies, commercial space companies, and defence and aerospace prime contractors in the space industry. Geographically, it generates the majority of its revenue from Canada.