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The latest update is out from Tantalus Systems Holding ( (TSE:GRID) ).
Tantalus Systems reported a strong third quarter in 2025, achieving a 22.5% year-over-year revenue growth to $14.2 million, driven by increased sales of connected devices and software services. The company also improved its net income and adjusted EBITDA, despite a negative cash flow from operating activities. Tantalus continues to expand its user community and has made significant progress with its TRUSense Gateway, securing initial orders from 52 utilities. The company’s strategic focus on data-centric grid modernization is gaining traction, as evidenced by a major agreement with EPB in Chattanooga, Tennessee.
The most recent analyst rating on (TSE:GRID) stock is a Hold with a C$4.50 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 stock score is primarily influenced by its financial performance challenges, including high leverage and negative profitability. However, strong technical indicators suggest positive market momentum, which partially offsets the financial weaknesses. The valuation remains unattractive due to the negative P/E ratio and lack of dividend yield.
To see Spark’s full report on TSE:GRID stock, click here.
More about Tantalus Systems Holding
Tantalus Systems is a technology company that specializes in helping utilities modernize their distribution grids by leveraging data. The company focuses on providing connected devices, infrastructure, and utility software applications and services to enhance grid efficiency and reliability.
Average Trading Volume: 102,380
Technical Sentiment Signal: Buy
Current Market Cap: C$203.2M
Learn more about GRID stock on TipRanks’ Stock Analysis page.