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MDA Space Ltd.NYSE:MDA Stock Report

Market Cap US$5.4b
Share Price
US$37.70
US$45.51
17.2% undervalued intrinsic discount
1Y78.4%
7D-12.1%
1D
Portfolio Value
View

MDA Space Ltd.

NYSE:MDA Stock Report

Market Cap: US$5.4b

MDA Space (MDA) Stock Overview

Provides space technology solutions and services in Canada, the United States, Europe, Asia, the Middle East, and internationally. More details

MDA fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance2/6
Financial Health5/6
Dividends0/6

MDA Community Fair Values

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MDA Space Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for MDA Space
Historical stock prices
Current Share PriceCA$37.70
52 Week HighCA$49.37
52 Week LowCA$15.00
Beta0.23
1 Month Change8.93%
3 Month Change12.04%
1 Year Change78.38%
3 Year Change523.14%
5 Year Change201.95%
Change since IPO201.95%

Recent News & Updates

Seeking Alpha May 27

MDA Space: SpaceX IPO Hype Forces A More Cautious View (Rating Downgrade)

Summary MDA Space Ltd. has delivered a 340% total return since coverage began, but I am downgrading the stock from buy to hold. The valuation narrative for space companies is shifting, with defense and security demand now driving more stable multiples and operating leverage. MDA’s Q1 saw 32% revenue growth and stable 19.5% EBITDA margins, but free cash flow turned negative due to higher capex and working capital swings. Despite strong execution, near-term upside appears limited as recent gains are sentiment-driven; I await the SpaceX IPO for further catalysts. Read the full article on Seeking Alpha

Recent updates

Seeking Alpha May 27

MDA Space: SpaceX IPO Hype Forces A More Cautious View (Rating Downgrade)

Summary MDA Space Ltd. has delivered a 340% total return since coverage began, but I am downgrading the stock from buy to hold. The valuation narrative for space companies is shifting, with defense and security demand now driving more stable multiples and operating leverage. MDA’s Q1 saw 32% revenue growth and stable 19.5% EBITDA margins, but free cash flow turned negative due to higher capex and working capital swings. Despite strong execution, near-term upside appears limited as recent gains are sentiment-driven; I await the SpaceX IPO for further catalysts. Read the full article on Seeking Alpha

Shareholder Returns

MDAUS Aerospace & DefenseUS Market
7D-12.1%0.4%-3.3%
1Y78.4%26.7%22.3%

Return vs Industry: MDA exceeded the US Aerospace & Defense industry which returned 22.7% over the past year.

Return vs Market: MDA exceeded the US Market which returned 22.5% over the past year.

Price Volatility

Is MDA's price volatile compared to industry and market?
MDA volatility
MDA Average Weekly Movement9.9%
Aerospace & Defense Industry Average Movement9.3%
Market Average Movement7.2%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.1%

Stable Share Price: MDA has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: MDA's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19694,000Mike Greenleymda.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 ground control stations, and operations services; electro-optic and light detection and ranging sensors, vision and targeting systems, guidance, navigation, and control subsystems and planetary rover locomotion subsystems; MDA SKYMAKER, a suite of scalable and modular space robotics; and Canadarm3, a robotics system.

MDA Space Ltd. Fundamentals Summary

How do MDA Space's earnings and revenue compare to its market cap?
MDA fundamental statistics
Market capUS$5.37b
Earnings (TTM)US$75.43m
Revenue (TTM)US$1.25b
69.3x
P/E Ratio
4.2x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MDA income statement (TTM)
RevenueCA$1.75b
Cost of RevenueCA$1.24b
Gross ProfitCA$501.40m
Other ExpensesCA$396.20m
EarningsCA$105.20m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)0.76
Gross Margin28.71%
Net Profit Margin6.02%
Debt/Equity Ratio13.3%

How did MDA perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/09 05:22
End of Day Share Price 2026/06/09 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

MDA Space Ltd. is covered by 17 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David McFadgenATB Cormark
Russell StanleyBeacon Securities Limited
Thanos MoschopoulosBMO Capital Markets Equity Research