Market analysts mission measured, if not muted development, for the S&P/TSX Composite this yr, in contrast with blockbuster returns in 2025. Additionally, given the bearish circumstancesa 3rd consecutive yr of double-digit development is unlikely. Nevertheless, two supercharged Canadian shares may overcome the headwinds and surge all through 2026.
MDA House (TSX:MDA) has risen practically 63% over the past three months, whereas the Stingray Group (TSX:RAY.A) superior plus-28.3% in the identical interval. The previous ranked fifteenth on the 2025 TSX30 Checklist, whereas the latter is a possible breakout winner for 2026.
Excessive-growth areas
MDA House earned its spot as one of many 30 high Canadian shares in 2025 on account of its plus-340% dividend-adjusted share value efficiency over a three-year interval. On the present share value of $34.90, the three-year whole return is an eye-popping plus-422.5%, a compound annual development price (CAGR) of 73.5%.
The $4.4 billion house expertise firm’s three enterprise models are all in high-growth areas. Its Robotics & House Operations is MDA’s legacy, notably Canadarm 3, NASA’s Gateway mission. Gateway will help human and robotics missions, and it is going to be the primary house station to orbit the Moon.
MDA’s Satellite tv for pc Methods unit signed a $1.1 billion contract with Globalstar for the development of a next-generation LEO (low earth orbit) constellation. The Canadian agency is the pioneer in Geointelligence. Governments and firms use the satellite tv for pc information this unit supplies to watch actions on Earth from the sky, together with defence operations.
The large $4.4 billion backlog to begin 2026 supplies income visibility for years to come back. MDA reported a internet earnings of $84.5 million within the first three quarters of 2025, representing a 55.6% year-over-year enhance. Administration expects demand for space-based options to develop considerably within the coming years. MDA House can be on the forefront of the fast-growing house financial system.
The market analysts’ 12-month common value goal is $47.06, a plus-34.8% upside potential.
Digital advert and music powerhouse
Stingray’s robust monetary outcomes and document free money stream (FCF) in Q3 fiscal 2026 ought to heighten traders’ curiosity within the inventory. For the three months ending December 31, 2025, adjusted internet earnings and adjusted FCF rose 12.2% and 21.5% to $26.3 million and $34.8 million, respectively, versus Q3 fiscal 2026. For the primary three quarters, internet earnings climbed 25.1% year-over-year to $36 million.
The $1.1 billion firm has turn into Canada’s media and expertise powerhouse, with a worldwide management place in digital promoting and connected-car expertise. The acquisition of stay audio streaming titan TuneIn in late 2025 is a game-changer. Along with boosting digital audio presence, Stingray strengthened its promoting and monetization capabilities.
Stingray’s in-car leisure technique continues to achieve floor, as evidenced by latest agreements with world-class automotive manufacturers BYD, Mercedes, and Nissan. The corporate goals to cement its function because the important companion for the linked automotive.
At $16.96 per share, the three-year acquire is plus-225.8%, sufficient to land within the twenty eighth spot on the 2025 TSX30 Checklist. On February 10, 2026, Stingray introduced that its inventory would commerce beneath a single ticker. In the event you’re investing at present, search for RAY as an alternative of the ticker image RAY.A.
Self-sustained momentum
MDA House and Stingray are using self-sustained momentum amid an unsure interval. A $4.4 billion backlog and transformative strategic acquisitions, respectively, ought to ship large positive aspects in 2026.