MDA Space Ltd TSE: MDA stock News
On June 8, 2026, the consensus price target for MDA Space Ltd. (TSE: MDA) was revised upward to CA$63.45 from CA$58.82 by a syndicate of 11 analysts. This 7.9% increase reflects growing market confidence in the company's execution capabilities following its recent New York Stock Exchange dual--listing and the inauguration of its high--volume Montréal manufacturing facility. The revised target implies a 17% potential upside from the stock's closing price of CA$54.01, underpinned by a robust CA$3.7 billion backlog and expanding opportunities in the global defense and commercial satellite sectors.