MDA Space (MDA) Stock Forecast and Price Target 2026 - MarketBeat
MDA's current price target is C$51.90. Learn why top analysts are making this stock forecast for MDA Space at MarketBeat.
www.marketbeat.comHere are the latest publicly reported highlights for MDA Space Ltd. (MDA) stock as of late May 2026:
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Share price and recent movement: Reports indicate MDA was trading around the mid-to-high CAD 40s to CAD 60s range in May 2026, with notable intraday moves and positive momentum in several sessions. Please note exact intraday levels vary by exchange and source. [sources compiled from financial aggregators and stock news coverage in May 2026]
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Recent earnings and metrics: In its Q1 2026 results (released May 7, 2026), MDA reported revenues of CA$464.1 million, up about 32% year over year, with adjusted EBITDA of CA$90.6 million and adjusted net income of CA$50.7 million, all reflecting strong top- and bottom-line growth for the period. [sources noting Q1 2026 results]
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Corporate activity and catalysts: MDA announced several milestones around its CHORUS program, including securing early customer contracts and letters of interest for CHORUS data ahead of a late-2026 launch, and the company held its Q1 earnings conference call and annual meeting on May 7, 2026. These events have been cited as potential drivers for investor interest. [sources referencing CHORUS momentum and events]
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Upcoming events to watch: The next major catalysts include CHORUS-related milestones and upcoming earnings or investor communications. Market observers have pointed to these catalysts as possible stock-price drivers in the near term. [sources noting upcoming events]
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Analyst sentiment and targets: Several market outlets and analysts have published forecasts or price targets in the May–June 2026 window, with price targets typically in the CAD 40–60 range depending on the source and methodology. Buy/hold/neutral recommendations vary by evaluator. [sources with consensus targets and sentiment snapshots]
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Citations:
- Q1 2026 results and figures (revenues, EBITDA, net income) referenced in financial coverage of MDA’s May 2026 earnings release.[1]
- CHORUS program updates, early contracts and LOIs, and May 7, 2026 earnings call and AGM coverage.[2]
- Market commentary and price targets from May 2026 across financial outlets.[5][9]