Deutsche Bank Lowers MDA Space Price Target to $38
Deutsche Bank has adjusted its price target for MDA Space, lowering it from $41 to $38 while maintaining a buy rating.
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49North, a wholly owned subsidiary of MDA Space Ltd., has entered into a Memorandum of Understanding with Ukrainian manufacturer UNWAVE to collaborate on the production and support of counter-uncrewed aerial systems.
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Deutsche Bank has adjusted its price target for MDA Space, lowering it from $41 to $38 while maintaining a buy rating.
MDA Space Ltd. announced its financial results for the third quarter ended September 30, 2026, reporting revenue of $498.1 million and raising its full-year 2026 revenue guidance.
MDA Space Ltd. has been granted an authorization to proceed (ATP) valued at over $100 million to develop digital antenna subsystems for 66 satellites in the IRIS² constellation.
49North, a subsidiary of MDA Space, has qualified across all five streams of Canada's Defence Drone Initiative (DDI) Marketplace, enabling it to compete for a broad range of uncrewed and counter-drone system contracts.