MDA Space has the technicals, fundamentals, and earnings sentiment we want to see.
June 17, 2026
The SpaceX IPO did more than make headlines.
This has forced investors to confront the reality that space is an investable industry TODAY.
When one company can come public at a multi-trillion-dollar valuation, it validates an entire ecosystem of suppliers, manufacturers, infrastructure providers, and technology companies operating behind the scenes.
Suddenly, investors ask who benefits next.
And that's where the biggest opportunities often emerge.
The market's attention naturally gravitates toward the headline name.
But some of the best returns come from identifying the companies that enable the industry to function.
This includes the businesses building the satellites, robotics, communications systems, and infrastructure that make the modern space economy possible.
As investors rush to gain exposure to the theme, we want to find the companies where the evidence is lining up across every dimension.
That means identifying the stocks with the strongest technicals, fundamentals, and earnings sentiment.
And that brings us to MDA Space $MDA.
MDA is a $5.5 billion Canadian space stock with exposure to some of the most important growth areas in the modern space economy, including satellite systems, geointelligence and Earth observation, space robotics, lunar infrastructure, and defense-related space capabilities.
This is a profitable space company with real customers, real contracts, and a real backlog.
Management describes MDA as a proven standalone space company with leadership across three major areas: Earth observation, space infrastructure and robotics, and satellite systems for communications networks and low Earth orbit.
And that matters because the real opportunity is the infrastructure layer.
Satellites need to be designed, manufactured, launched, replaced, upgraded, connected, monitored, and protected.
Governments want sovereign space capabilities.
Telecom companies want direct-to-device and broadband networks.
Defense agencies want space domain awareness and the protection of assets.
And commercial operators want faster schedules, better payloads, and lower operating costs.
Today, MDA sits right in the middle of all of that, and the technicals confirm it.
MDA bottomed near $15 last November, then ripped to $49.37 in a few months, making it one of the biggest winners in the entire market.
That's a move of more than 200% in roughly six months, and after a rally that violent, some digestion is healthy.
And that's exactly what we've seen over the past few weeks.
MDA has corrected back toward a former breakout shelf near last summer’s highs, and now price is pinching between two key VWAPS.
The VWAP from the year-to-date low is providing support, while the VWAP from the May high is providing resistance.
This is a textbook VWAP pinch.
Even better, the lower VWAP lines up with the old August peak, giving us a clean confluence of support around $36 - $37.
So long as buyers defend that zone, this appears to be a normal correction within a very strong primary uptrend.
And when MDA resolves this pinch, the next move will likely be explosive.
What's more, the earnings scorecard backs up the technicals.
MDA almost always beats expectations, and the market has rewarded the stock after three consecutive earnings reports.
And the latest quarter was another strong one...
Revenues grew by 32% YoY, and the company maintained a healthy 19.5% EBITDA margin.
In the report, growth was broad-based, with satellite systems up 41% YoY, robotics and space operations up 18% YoY, and geointelligence up 15% YoY.
Just as important, MDA ended the quarter with a CAD $3.7 billion backlog and reaffirmed full-year guidance.
In other words, this is a profitable company converting contracts into revenue while expanding its position across satellites, robotics, Earth observation, and communications infrastructure.
That's why we find the setup so compelling.
The technicals, fundamentals, and earnings sentiment are incredibly strong.
MDA is not SpaceX, but it doesn't need to be...
It simply needs to keep executing as one of the strongest publicly traded space stocks.
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