MDA Space Ltd. (TSX:MDA)

Canada flag Canada · Delayed Price · Currency is CAD
56.02
-3.09 (-5.23%)
Jun 22, 2026, 4:00 PM EST
Market Cap7.77B +114.0%
Revenue (ttm)1.75B +42.9%
Net Income105.20M +6.8%
EPS0.80 +2.9%
Shares Out 138.75M
PE Ratio69.90
Forward PE64.15
Dividendn/a
Ex-Dividend Daten/a
Volume1,131,171
Open59.25
Previous Close59.11
Day's Range55.71 - 59.25
52-Week Range20.85 - 67.90
Beta0.23
AnalystsBuy
Price Target64.27 (+14.73%)
Earnings DateAug 7, 2026

About MDA Space

MDA Space Ltd. provides space technology solutions and services in Canada, the United States, Europe, Asia, the Middle East, and internationally. It offers satellite communications solutions, such as space-based broadband Internet, direct-to-device satellite communication, and IoT connectivity; MDA AURORA, a software-defined digital satellite product line; and autonomous robotics systems and services used to operate in space and on the surfaces of the Moon and Mars. The company also provides robotic systems, robotic interfaces, tooling, robotic... [Read more]

Founded 1969
Employees 4,000
Stock Exchange Toronto Stock Exchange
Ticker Symbol MDA
Full Company Profile

Financial Performance

In 2025, MDA Space's revenue was 1.63 billion, an increase of 51.21% compared to the previous year's 1.08 billion. Earnings were 108.50 million, an increase of 36.65%.

Financial Statements

Analyst Summary

According to 12 analysts, the average rating for MDA stock is "Buy." The 12-month stock price target is $64.27, which is an increase of 14.73% from the latest price.

Price Target
$64.27
(14.73% upside)
Analyst Consensus: Buy
Stock Forecasts

News

MDA Space price target raised to C$64 from C$57 at CIBC

CIBC analyst Erin Kyle raised the firm’s price target on MDA Space (MDA) to C$64 from C$57 and keeps an Outperformer rating on the shares.

6 hours ago - TheFly

MDA Space price target raised to C$71 from C$70 at Scotiabank

Scotiabank analyst Konark Gupta raised the firm’s price target on MDA Space (MDA) to C$71 from C$70 and keeps an Outperform rating on the shares.

6 hours ago - TheFly

MDA Stock Rises as CEO Sees ‘Larger Opportunity’ in U.S. Defense after Blue Canyon Deal

MDA Space Ltd. ($MDA), a Canadian space technology company that builds satellite systems, robotics, and space infrastructure, rose over 6% in Toronto after announcing a $620 million all-cash deal to…

1 day ago - TipRanks

MDA Space (MDA) Acquires Blue Canyon Technologies for $620M

MDA Space (MDA) Acquires Blue Canyon Technologies for $620M

2 days ago - GuruFocus

MDA Space to buy U.S. peer for $874 million to pry open American market

The Brampton-based space and satellite technology company expects new contracts to materialize in the next 24 months

3 days ago - Financial Post

M&A News: Canada’s MDA Space (MDA) Buys Blue Canyon Technologies for $874 Million

Commercial space is a hot sector currently.

3 days ago - TipRanks

MDA Space To Buy Blue Canyon Technologies From RTX's Raytheon For $620 Mln In Cash

(RTTNews) - Canadian space technology firm MDA Space Ltd. (MDA, MDA.TO) announced on Friday that it has agreed to acquire U.S. spacecraft maker Blue Canyon Technologies LLC for $620 million or C$874 m...

3 days ago - Nasdaq

MDA Space Transcript: M&A announcement

The $620M all-cash acquisition of BCT expands U.S. market access, adds $3.5B to the pipeline, and is expected to be accretive to EBITDA and EPS in 2027. Integration will retain BCT’s management and leverage synergies, with minimal CapEx and regulatory hurdles anticipated.

3 days ago - Transcripts

MDA Space Slides: M&A announcement

MDA Space has posted slides in relation to its latest quarterly earnings report, which was published on June 19, 2026.

3 days ago - Filings

MDA Space Press release: M&A announcement

MDA Space issued a press release on June 19, 2026, disclosing material business information to investors.

3 days ago - Filings

Canada's MDA Space to buy Blue Canyon in $620 million deal

Canadian space technology firm MDA Space said on Friday it would buy U.S.-based ​Blue Canyon Technologies from RTX's Raytheon ‌business for $620 million in cash, expanding its footprint in the U.S. de...

3 days ago - Reuters

MDA Space announces agreement to acquire Blue Canyon Technologies

MDA Space (MDA) has signed a definitive agreement to acquire 100% of the membership interests of Blue Canyon Technologies in an all-cash transaction for a purchase price and enterprise value…

3 days ago - TheFly

/C O R R E C T I O N -- MDA Space/

In the news release, MDA Space announces definitive agreement to acquire US-based Blue Canyon Technologies LLC, issued 19-Jun-2026 by MDA Space over PR Newswire, we are advised by the company that a c...

3 days ago - PRNewsWire

MDA Space announces definitive agreement to acquire US-based Blue Canyon Technologies LLC

Expands Total Addressable Market for MDA Space Positions company to further pursue substantial US defence market opportunities Adds a profitable, cash-generating business with 18-year history Transact...

3 days ago - PRNewsWire

MDA Space unit awarded $3.7M contract from General Atomics

49North, a wholly owned subsidiary of MDA Space (MDA), announced it has been awarded a $3.7M CAD contract by General Atomics Aeronautical Systems to design, build, integrate, and test a…

7 days ago - TheFly

49North Awarded $3.7M Contract from General Atomics to Deliver Coalition Shared Database for Canada's Guardian Remotely Piloted Aircraft System Program

NATO-standard solution will enable real-time intelligence sharing with allied nations OTTAWA, ON, June 15, 2026 /PRNewswire/ - 49North, a wholly owned subsidiary of MDA Space Ltd. (TSX: MDA) (NYSE: MD...

7 days ago - PRNewsWire

MDA Space Ltd. Updates Global Procedure Design Software for Compliance

MDA Space Ltd. Updates Global Procedure Design Software for Compliance

10 days ago - GuruFocus

49NORTH ANNOUNCES U.S. AIR FORCE CONTRACT RENEWAL

U.S. Department of War renews long-term commitment to Global Procedure Designer to support global military operations OTTAWA, ON, June 12, 2026 /PRNewswire/ - 49North, a wholly owned subsidiary of MDA...

10 days ago - PRNewsWire

49NORTH RELEASES GLOBAL PROCEDURE DESIGNER, A PROVEN INSTRUMENT FLIGHT PROCEDURE DESIGN SOLUTION REFRESHED FOR COMPLIANCE WITH LATEST REGULATIONS

Full suite of functionality delivers advanced instrument flight procedure design capabilities OTTAWA, ON, June 12, 2026 /PRNewswire/ - 49North, a wholly owned subsidiary of MDA Space Ltd. (TSX: MDA) (...

10 days ago - PRNewsWire

MDA Space 'in a good position to win further contracts with the government': Teich

Bryden Teich, CIO and portfolio manager at Avenue Investment Management, joins BNN Bloomberg to share stocks to keep on your radar.

13 days ago - BNN Bloomberg

There's More to Space Stocks Than SpaceX

Rocket Lab gives investors another way to play the space race.

17 days ago - WSJ

MDA Space price target raised to $51 from $41 at Jefferies

Jefferies raised the firm’s price target on MDA Space (MDA) to $51 from $41 and keeps a Buy rating on the shares. MDA Space management highlighted that converting its $40B…

20 days ago - TheFly

MDA SPACE SELECTED BY BAE SYSTEMS FOR U.S. SPACE SYSTEMS COMMAND MEO EPOCH 2 CONSTELLATION

As a proud industry partner, MDA Space is leveraging its commercial innovation to deliver critical payload technologies that will enhance the resilience and capabilities of the U.S. Space Force's miss...

20 days ago - PRNewsWire

MDA Space downgraded to Sector Perform from Outperform at ATB Cormark

ATB Cormark downgraded MDA Space (MDA) to Sector Perform from Outperform with a C$67 price target

24 days ago - TheFly

MDA Space Transcript: 2026 Jefferies Space Virtual SummitSpace Virtual Summit

The summit highlighted strong positioning in digital satellite technology, high-volume manufacturing, and a robust CAD 40 billion pipeline, with recurring revenue models expanding across all business areas. Strategic integration, global expansion, and leadership in robotics and geointelligence underpin long-term growth ambitions.

27 days ago - Transcripts