{"id":48266,"date":"2026-03-26T11:35:08","date_gmt":"2026-03-26T11:35:08","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2026\/03\/26\/mda-space-stock-has-suffered-a-harsh-reversal-is-it-a-buy-now\/"},"modified":"2026-03-26T11:35:08","modified_gmt":"2026-03-26T11:35:08","slug":"mda-space-stock-has-suffered-a-harsh-reversal-is-it-a-buy-now","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2026\/03\/26\/mda-space-stock-has-suffered-a-harsh-reversal-is-it-a-buy-now\/","title":{"rendered":"MDA Space stock has suffered a harsh reversal: is it a buy now?"},"content":{"rendered":"
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The MDA Space stock price slumped by 10% on Tuesday, moving from a low of $28.40, its lowest level since March 5. It has dropped by 13% from its highest point this year, giving it a market capitalization of over $3.7 billion.<\/p>\n

MDA Space stock slipped after a key update on NASA<\/h2>\n

The MDA share price has slumped in the past few days as investors focused on the ongoing changes at NASA\u2019s Artemis mission. <\/p>\n

NASA has announced that it intends to pause Gateway in its current form and shift focus to infrastructure that enables sustained Lunar surface operations.<\/p>\n

In a statement, the company said that its Canadarm3 program, which is associated with Artemis, was a contract with the Canadian Space Agency and not with NASA or with the US government. As a result, the company believes that its business will not be impacted by the changes at NASA. The statement added<\/a>:<\/p>\n

\u201cWe are in continuous dialogue with the Canadian Space Agency and expect that Canada will continue to contribute robotics technology to the Artemis mission.”<\/p>\n

Revenue growth continues<\/h2>\n

The most recent results showed that MDA Space business continued to do well in the fourth quarter of last year.<\/p>\n

Its revenue jumped by 44% in the fourth quarter to $499 million. This revenue brought its annual revenue to over $1.65 billion, up by 51% from a year earlier.<\/p>\n

The company\u2019s adjusted EBITDA also continued growing in the fourth quarter, reaching $324 million last year, up by 49% YoY. This growth happened as the adjusted EBITDA margin rose to 19.8%.<\/p>\n

Its net profit also continued growing last year, with the net income rising by 71% YoY to over $190 million. <\/p>\n

The management believes that the company will continue growing this year, with the revenue expected to come in between $1.7 billion and $1.9 billion. Its adjusted EBITDA margin is expected to be between 18% and 20%.<\/p>\n

Most notably, the company is increasing its focus on the defense industry, which is expected to keep growing in the coming years, as global tensions rise. <\/p>\n

In a recent statement, the company said that it received a $32 million order from the Canadian Department of National Defense. The deal will see it deliver ground-based optical capabilities for space surveillance. This order came as the backlog jumped to $4 billion, while its pipeline moved to over $40 billion.<\/p>\n

MDA Space stock price technical analysis <\/h2>\n
<\/figure>\n

MDA Space stock chart | Source: TradingView <\/em><\/p>\n

The daily timeframe chart shows that the MDA Space share price has jumped from a low of $15 in November last year to a high of $33.72 this month.<\/p>\n

This surge stalled this month after forming a small double-top pattern at $33.72 and a neckline at $30. A double-top is one of the most common bearish reversal signs in technical analysis.<\/p>\n

On the positive side, there are signs that the stock has formed an inverted head-and-shoulders pattern, a common bullish reversal sign in technical analysis. It has also formed a cup-and-handle-like pattern, a common bullish sign.<\/p>\n

The MDA Space stock price remains above all moving averages, a sign that bulls remain in control. Therefore, the stock will likely maintain its volatility in the near term and then resume the uptrend. <\/p>\n

If this happens, the stock will likely rebound and hit to the key resistance level at $33.72. A move above that level will point to more gains, potentially to the all-time high of $35.27.<\/p>\n

READ MORE: RKLB, LUNR, and RDW soar on Trump\u2019s Mars plans: what investors need to know about space stocks<\/a><\/p>\n

The post MDA Space stock has suffered a harsh reversal: is it a buy now?<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

The MDA Space stock price slumped by 10% on Tuesday, moving from a low of $28.40, its lowest level since March 5. It has dropped by 13% from its highest point this year, giving it a market capitalization of over $3.7 billion. MDA Space stock slipped after a key update on NASA The MDA share <\/p>\n","protected":false},"author":1,"featured_media":48267,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-48266","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-world"},"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/48266","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=48266"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/48266\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/48267"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=48266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=48266"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=48266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}