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Tantalus Systems Holding ( (TSE:GRID) ) has provided an announcement.
Tantalus Systems has reported several milestones that advance its data-centric approach to distribution grid modernization, including surpassing 4 million deployed endpoints on its Grid Modernization Platform, underscoring growing utility adoption of interoperable, data-driven infrastructure. The company also expanded its collaboration with Hubbell’s Aclara unit by enabling factory integration of TRUConnect Edge communication modules into Aclara’s residential and commercial meters—reducing costs, shortening lead times, improving quality assurance and ensuring Measurement Canada compliance—while securing a patent for its TRUSense Gateway Modular Energy Intelligence Unit, which supports smarter management of distributed energy resources at the grid edge to enhance reliability, operational visibility and scalability for utilities.
The most recent analyst rating on (TSE:GRID) stock is a Buy with a C$6.50 price target. To see the full list of analyst forecasts on Tantalus Systems Holding stock, see the TSE:GRID Stock Forecast page.
Spark’s Take on TSE:GRID Stock
According to Spark, TipRanks’ AI Analyst, TSE:GRID is a Neutral.
Tantalus Systems Holding’s overall stock score is driven by strong earnings call performance and positive technical indicators, which are offset by weak financial performance and valuation concerns. The company’s revenue growth and improved profitability are promising, but high leverage and a negative P/E ratio pose significant risks.
To see Spark’s full report on TSE:GRID stock, click here.
More about Tantalus Systems Holding
Tantalus Systems is a grid-modernization technology company that helps electric utilities upgrade their distribution networks by harnessing data from connected devices and systems. Its Grid Modernization Platform spans intelligent endpoints, communications networks, data management, applications and analytics, with a data-centric architecture designed to extend the life of existing infrastructure while enabling advanced capabilities and vendor-agnostic interoperability.
Average Trading Volume: 111,328
Technical Sentiment Signal: Buy
Current Market Cap: C$296.3M
For a thorough assessment of GRID stock, go to TipRanks’ Stock Analysis page.