MDA Space Ltd is a developer and manufacturer of technology and services to the space industry... Show more
MDA Space Ltd. stands as a leading international space mission partner, with expertise in satellite systems (comprising about 66% of revenues), robotics, and geospatial services. Founded in 1969, the company has contributed to over 450 missions, establishing a reputation for reliability in design, manufacturing, and operations. Its "Sovereign-Commercial Nexus" strategy leverages government and commercial contracts, positioning it to capture share in the expanding space economy. Competitive edges include a global footprint across Canada, the U.S., and U.K., a skilled workforce of over 3,000, and capabilities in high-demand areas like Earth observation and defense applications. Medium-term, MDA benefits from a robust pipeline, though faces risks from rivals in satellite manufacturing and intensifying geopolitical competition.
Key near-term events include the Q1 2026 earnings release on May 6, where investors will scrutinize backlog progress and margin expansion against consensus EPS of C$0.31 for Q3 2026 and FY2026 EPS of C$1.46. The recent unveiling of the MDA MIDNIGHT space control platform in April 2026 targets low Earth orbit asset protection, potentially unlocking defense contracts. Ongoing partnerships, such as the Hanwha Systems MoU for South Korea's K-LEO constellation, signal international expansion. Analyst activity remains bullish, with Morgan Stanley upgrading in January 2026 (PT C$46) citing 2026 catalysts, JPMorgan initiating Overweight (NYSE PT $34) in April, and consensus leaning Buy with targets up to C$57. These could shift sentiment if execution aligns with the $4 billion order book.
The space technology market, valued at $532 billion in 2026, is projected to reach $689 billion by 2030 (CAGR 6.7%), driven by satellite constellations, lunar missions like Artemis, and space security demands. MDA's business model benefits from elevated defense budgets amid geopolitical tensions, boosting demand for surveillance and asset protection. Lower interest rates support capital-intensive projects, while commodity pressures on launch costs pose minor headwinds. Regulatory shifts toward sovereign space capabilities and technology adoption in AI-driven operations further align with MDA's strengths, though supply chain disruptions remain a sensitivity.
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Heading into 2026, MDA Space's trajectory hinges on converting its $4 billion backlog into revenues, with guidance implying continued acceleration post-record 2025 results. Consensus expects FY2026 EPS of C$1.46 and revenue growth, fueled by satellite systems and defense segments. Long-term drivers include market expansion via U.S. IPO proceeds ($300 million raised in March 2026), cost efficiencies from scale, and margin gains toward adjusted EBITDA targets. Technology transitions like autonomous robotics and wireless power beaming, alongside Artemis lunar opportunities, offer upside. Competitive threats from U.S./European peers and regulatory hurdles in export controls warrant monitoring. Capital allocation prioritizes backlog execution and R&D, with analyst targets averaging C$48-C$52 reflecting optimism tempered by execution risks (S&P BB- rating).
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Industry AerospaceDefense
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| ETFs / NAME | Price $ | Chg $ | Chg % |
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A.I.dvisor indicates that over the last year, MDA has been loosely correlated with VOYG. These tickers have moved in lockstep 45% of the time. This A.I.-generated data suggests there is some statistical probability that if MDA jumps, then VOYG could also see price increases.
| Ticker / NAME | Correlation To MDA | 1D Price Change % | ||
|---|---|---|---|---|
| MDA | 100% | -1.73% | ||
| VOYG - MDA | 45% Loosely correlated | -2.81% | ||
| LUNR - MDA | 41% Loosely correlated | -4.73% | ||
| KTOS - MDA | 38% Loosely correlated | -0.57% | ||
| KRMN - MDA | 37% Loosely correlated | -2.77% | ||
| RKLB - MDA | 35% Loosely correlated | -5.16% | ||
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| Ticker / NAME | Correlation To MDA | 1D Price Change % |
|---|---|---|
| MDA | 100% | -1.73% |
| Aerospace & Defense industry (86 stocks) | 29% Poorly correlated | -3.14% |
MDA saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on June 03, 2026. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 41 instances where the indicator turned negative. In of the 41 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
The 10-day RSI Indicator for MDA moved out of overbought territory on May 29, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 44 similar instances where the indicator moved out of overbought territory. In of the 44 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on June 23, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on MDA as a result. In of 66 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where MDA declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
MDA broke above its upper Bollinger Band on May 27, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 52 cases where MDA's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MDA advanced for three days, in of 195 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 220 cases where MDA Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 72, placing this stock slightly better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. MDA’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (4.193) is normal, around the industry mean (10.849). P/E Ratio (70.329) is within average values for comparable stocks, (92.781). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (4.079). Dividend Yield (0.000) settles around the average of (0.019) among similar stocks. P/S Ratio (4.431) is also within normal values, averaging (36.950).
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.