MDA Space reported $499 million in revenue for Q4 2025, marking a 44% year-over-year increase. This surge positions the company as a key player in the booming space technology sector.
MDA Space’s full-year revenue reached $1.6 billion, reflecting a 51% increase compared to the previous year. The company’s adjusted EBITDA for Q4 was $96 million.
The TSX has been influenced by the performance of U.S. markets, particularly by major companies like Apple. Companies in the energy sector also saw price target adjustments, indicating shifting investor sentiment.
BlackBerry’s stock trades at $6.92 per share with a market cap of $4.1 billion. Its full-year revenue totaled US$549.1 million, with adjusted EBITDA rising 71%.
Key price targets:
- Algonquin Power & Utilities Corp.: $7.25
- Emera Inc.: raised to $75.25 from $74.50
- Fortis Inc.: raised to $80.50 from $78.50
- Hydro One Ltd.: raised to $58 from $57
The S&P/TSX composite index was down 73.15 points at 33,891.18, reflecting broader market trends. The Canadian dollar traded for 73.66 cents US.
The market is reacting to various factors, including geopolitical risks and energy prices, according to analysts.
Theo Genzebu noted that utilities’ share prices perform well against other rate-sensitive names during this inflationary environment.