Added to YB: 2026-09-04
Pitch date: 2026-09-02
MDA.TO [bullish]
MDA Space Ltd.
+3.25%
current return
Author Info
Aurelion Research is a research analyst with a passion for markets, specializing in high‑conviction ideas across shipping, offshore drilling, and thematic equity research. Sign up for the newsletter.
Company Info
MDA Space Ltd. provides space technology solutions and services in Canada, the United States, Europe, Asia, the Middle East, and internationally.
Market Cap
CAD 6.4B
Pitch Price
CAD 38.80
Price Target
60.00 (+55%)
Dividend
N/A
EV/EBITDA
28.19
P/E
49.81
EV/Sales
3.41
Sector
Aerospace and Defense
Category
growth
MDA Space: Houston, We Have a New Position
MDA.TO: MDA Space offers exposure to a manufacturing-led shift toward larger LEO constellations, expanding commercial and defense demand, high-value payloads, potential consolidation and a ~$40B opportunity pipeline. A 2027 C$60 target based on a 13x EBITDA multiple implies ~49% upside, while declining capital intensity should support free-cash-flow growth. The main risk is concentration in large programs such as Telesat Lightspeed and Globalstar, alongside fixed-price execution risk.
Read full article (11 min)