MDA Space (MDA)
Builds satellite, observation and space-robotics systems for mission partners.
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Builds communications satellites, observation systems and space-robotics technology. Its three business areas combine Geointelligence, Robotics & Space Operations, and Satellite Systems around a Canadian space-technology heritage.
Builds communications satellites, Earth and space-observation systems, and technology for space exploration and infrastructure. Its work spans commercial and government space missions, drawing on the company’s Canadarm and RADARSAT heritage.
The business is organized into Geointelligence, Robotics & Space Operations, and Satellite Systems. Geointelligence covers observation-related capabilities, while the other two areas cover space robotics, operations and satellite work.
Based in Canada, it serves space missions across international markets. The current brand connects established robotics and observation capabilities with digital satellites and the CHORUS program; the SatixFy portfolio is being integrated into Satellite Systems.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 14, 2026 | National Bank | Initiate | Rating: — | |
| Aug 11, 2026 | Jefferies | Reiterate | Rating: —Target: $51 | Target: $49 |
| Aug 10, 2026 | Deutsche Bank | Reiterate | Rating: —Target: — | Target: $41 |
| Jun 2, 2026 | Jefferies | Target | Target: — | Target: $51 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $280.1M · Total debt $266.3M · Total assets $2.65B · Shareholders' equity $1.33B
- Revenue
- $351.0M
- Operating income
- $15.9M
- Net income
- $19.6M
No dividends on record.
| Institutions | ≈ 47.25% | 76.50M shares | |
|---|---|---|---|
| 188 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Other | ≈ 52.75% | 85.42M shares | |
| remainder | |||
161.92M company shares as of Sep 10, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Connor, Clark & Lunn Investment Management Ltd.Institution | 4.77% | 7.73M | as of Jun 30, 2026 |
Senvest Management, LLCInstitution | 2.70% | 4.38M | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 2.41% | 3.91M | as of Jun 30, 2026 |
Capital International InvestorsInstitution | 2.08% | 3.38M | as of Jun 30, 2026 |
Van Eck Associates CorpInstitution | 2.03% | 3.29M | as of Jun 30, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
- Lockheed Martin
Large-prime rival in government and commercial satellite systems
- Northrop Grumman
End-to-end rival in space systems, payloads and satellite servicing
- Rocket Lab
End-to-end space-systems rival in spacecraft and constellation missions
- Planet Labs
Earth-observation rival in global satellite imagery and geospatial data
- Redwire
Space-infrastructure rival in autonomous systems and mission hardware
- BlackSky Technology
Real-time geospatial-intelligence rival in imagery and analytics
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| MDA Space | $31.41 | −1.21% | $5.15B | 55.8 | 30.5 | 3.8 | +28.0% |
| Lockheed Martin | $521.88 | −2.53% | $123.57B | 19.7 | 16.6 | 1.6 | +10.5% |
| Northrop Grumman | $512.05 | −2.78% | $74.82B | 16.7 | 17.5 | 1.7 | +5.1% |
| Rocket Lab | $71.48 | +2.27% | $40.46B | — | — | 52.6 | +62.0% |
| Planet Labs | $16.81 | −1.55% | $5.68B | — | — | 15.0 | +58.1% |
| Redwire | $11.68 | +0.65% | $2.77B | — | — | 6.5 | +89.6% |
| BlackSky Technology | $23.02 | −0.67% | $948.2M | — | — | 8.7 | +50.1% |
| Median | 18.2 | 17.0 | 7.6 | +54.1% |