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GRID Stock Chart & Stats
C$4.58
C$0.01(0.22%)
At close: 4:00 PM EDT
C$4.58
C$0.01(0.22%)
Day’s Range― - ―
52-Week RangeC$2.67 - C$6.64
Previous CloseN/A
Volume76.66K
Average Volume (3M)90.75K
Market Cap
C$246.10M
Enterprise ValueC$282.70
Total Cash (Recent Filing)C$29.22M
Total Debt (Recent Filing)C$11.58M
Price to Earnings (P/E)―
Beta0.45
Next Earnings
Nov 11, 2026EPS Estimate
-0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.01
Shares Outstanding56,967,160
10 Day Avg. Volume69,485
30 Day Avg. Volume90,753
Financial Highlights & Ratios
PEG Ratio2.68
Price to Book (P/B)23.30
Price to Sales (P/S)3.17
P/FCF Ratio43.28
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$8.50Price Target Upside85.59% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)>-0.01
Revenue Forecast (FY)C$63.12M
Bulls Say, Bears Say
Bulls Say
Recurring Revenue / ARR MomentumSteady ARR growth and a rising share of recurring revenue improve revenue quality and predictability. A $15M ARR and ~25% TTM recurring share support retention, higher lifetime value, and smoother cash flows that underpin sustainable margin expansion and lower customer acquisition dependency.
High And Expanding Gross MarginsSustained gross margins near 55% with software & services at ~78% indicate structural profitability in core offerings. As mix shifts to higher-margin recurring software, gross margin durability supports operating leverage, enabling reinvestment in R&D and sales while protecting long-term cash generation.
Strengthened Liquidity And DeleveragingMaterial liquidity and lower leverage materially reduce refinancing and near-term liquidity risk. A larger revolver, term loan at lower rates and debt/EBITDA below 0.9x give the company flexibility to fund growth, manage supply-driven inventory and sustain investments without pressuring the capital structure.
Bears Say
GAAP Profitability Not Yet AchievedDespite operating improvements, recurring operating losses mean shareholders have not seen sustained GAAP profitability. Continued net losses can limit ROE recovery and retain caution on capital returns; until GAAP profits persist, financial resilience depends on cash and margin conversion.
Working-capital Driven Cash VolatilityLarge working-capital swings driven by inventory and deferred revenue create periodic cash consumption despite positive operating cash flow ex-WC. This volatility can strain liquidity in weaker quarters, complicate planning and increase the need for revolver availability or higher inventory financing during scaling phases.
Lumpy Bookings And Long Utility Sales CyclesWide book-to-bill variability and ~18-month utility procurement cycles imply lumpy revenue conversion and uncertain near-term visibility. That structural sales cadence raises forecasting risk, delays scale benefits, and forces higher working capital and inventory readiness to meet intermittent conversion bursts.
GRID FAQ
What was Tantalus Systems Holding’s price range in the past 12 months?
Tantalus Systems Holding lowest stock price was C$2.67 and its highest was C$6.64 in the past 12 months.
What is Tantalus Systems Holding’s market cap?
Tantalus Systems Holding’s market cap is C$246.10M.
When is Tantalus Systems Holding’s upcoming earnings report date?
Tantalus Systems Holding’s upcoming earnings report date is Nov 11, 2026 which is in 93 days.
How were Tantalus Systems Holding’s earnings last quarter?
Tantalus Systems Holding released its earnings results on Aug 05, 2026. The company reported -C$0.028 earnings per share for the quarter, missing the consensus estimate of -C$0.003 by -C$0.025.
Is Tantalus Systems Holding overvalued?
According to Wall Street analysts Tantalus Systems Holding’s price is currently Undervalued.
Does Tantalus Systems Holding pay dividends?
Tantalus Systems Holding does not currently pay dividends.
What is Tantalus Systems Holding’s EPS estimate?
Tantalus Systems Holding’s EPS estimate is -0.01.
How many shares outstanding does Tantalus Systems Holding have?
Tantalus Systems Holding has 56,967,160 shares outstanding.
What happened to Tantalus Systems Holding’s price movement after its last earnings report?
Tantalus Systems Holding reported an EPS of -C$0.028 in its last earnings report, missing expectations of -C$0.003. Following the earnings report the stock price went down -13.265%.
Which hedge fund is a major shareholder of Tantalus Systems Holding?
Currently, no hedge funds are holding shares in TSE:GRID
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Tantalus Systems Holding Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
C$8.50 (85.59% Upside)
C$8.50 (85.59% Upside)
Blogger Sentiment
Bullish
TSE:GRID Sentiment 100%
Sector Average ―
Sector Average ―
Insider Transactions
Bought Shares
Worth C$58.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.3%
Last 30 Days ▼ 9.2%
Last 30 Days ▼ 9.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
126.62%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
60.58%
Trailing 12-Months
Company Description
Tantalus Systems Holding
Tantalus Systems Holding Inc., headquartered in Burnaby, Canada, is a prominent smart grid technology provider serving utilities across North America and the Caribbean Basin. The company delivers an extensive portfolio of solutions designed to enhance the reliability, efficiency, and intelligence of electrical distribution grids. Its core offerings include TRUEdge Communication Modules, a Linux-based platform seamlessly integrating with various networked devices like meters, sensors, and switches, facilitating secure, real-time bidirectional data exchange across the utility's infrastructure. Complementing this are Tantalus Utility Network (TUNet) Infrastructure Devices, which collect near real-time operational data and control endpoints to significantly improve grid stability and performance. Tantalus also provides the TRUSense Fiber Gateway for fiber-to-the-home connectivity. On the software front, Tantalus offers TCC, a robust system for accumulating and processing near real-time data transmitted from the TUNet communications network. The TUNet Insight digital user interface serves as a comprehensive visualization tool, empowering utilities to monitor and manage their TUNet system. This interface supports a suite of critical utility applications, including advanced metering infrastructure (AMI), load management, distributed energy resource (DER) integration, grid optimization, and distribution automation. Further enhancing its software capabilities, C.IQ is a platform ensuring interoperability across a wide array of devices, while TRULight Intelligence provides advanced lighting control solutions. Beyond its product suite, Tantalus provides a full spectrum of professional services. These encompass program and project planning, radio frequency propagation and network systems design, system optimization, deployment assistance, third-party software and systems integration, and project management. The company also offers field maintenance, storm restoration, consulting, and training. Additionally, Tantalus delivers comprehensive project management services, including turnkey installations of meters and network infrastructure through strategic partnerships, along with managed services for monitoring TCC and network communications, issuing alerts, and planning disaster recovery. Dedicated technical support services round out their offerings.
GRID Stock 12 Month Forecast
Average Price Target
C$8.50
▲(85.59% Upside)
Technical Analysis
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