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GRID Stock Chart & Stats
C$5.91
-C$0.03(-1.48%)
At close: 4:00 PM EST
C$5.91
-C$0.03(-1.48%)
Day’s Range― - ―
52-Week RangeC$2.67 - C$6.64
Previous CloseN/A
Volume30.00K
Average Volume (3M)90.75K
Market Cap
C$266.78M
Enterprise ValueC$209.62
Total Cash (Recent Filing)C$31.96M
Total Debt (Recent Filing)C$8.70M
Price to Earnings (P/E)―
Beta0.47
Next Earnings
Aug 11, 2026EPS Estimate
>-0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.01
Shares Outstanding56,282,005
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 Upside43.82% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)>-0.01
Revenue Forecast (FY)C$63.25M
Bulls Say, Bears Say
Bulls Say
Gross Margin SustainabilitySustained ~52% gross margins indicate durable product pricing power and attractive unit economics for the company's smart‑grid hardware and software. This margin profile supports long‑term operating leverage as revenue scales and cushions profitability through project timing variability.
Improving Cash GenerationPositive and growing operating and free cash flow, despite slight net losses, shows the business converts revenue to cash reliably. Solid FCF provides financial flexibility to fund deployments, service customers, reduce debt or invest in product development without recurring external capital.
Reduced Leverage And Stronger Balance SheetMaterial decline in leverage to a ~0.38 debt/equity level lowers financial risk and interest burden. A stronger balance sheet improves capacity to win multi‑year utility contracts, absorb project timing swings and pursue strategic investments with less reliance on costly financing.
Bears Say
Net Income Still NegativeTrailing‑twelve‑month net losses, though small, mean the company has not fully converted operating improvements into consistent GAAP profitability. Persistent minor losses can limit retained earnings accumulation and constrain long‑term reinvestment and investor confidence until cleared.
Negative Returns On EquityConsistent negative ROE signals the company has not yet delivered shareholder returns despite margin and cash improvements. Until net income turns sustainably positive, equity base expansion will continue to dilute ROE, complicating long‑term capital allocation and investor return expectations.
Exposure To Utility Capex CyclesRevenue and deployment timing depend on utility capital spending and multi‑year rollouts, creating lumpy sales and working capital swings. This structural exposure reduces predictability of revenue and cash conversion over 2–6 months and can delay realization of scale benefits.
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$266.78M.
When is Tantalus Systems Holding’s upcoming earnings report date?
Tantalus Systems Holding’s upcoming earnings report date is Aug 11, 2026 which is in 26 days.
How were Tantalus Systems Holding’s earnings last quarter?
Tantalus Systems Holding released its earnings results on May 06, 2026. The company reported -C$0.014 earnings per share for the quarter, missing the consensus estimate of -C$0.007 by -C$0.007.
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 56,282,005 shares outstanding.
What happened to Tantalus Systems Holding’s price movement after its last earnings report?
Tantalus Systems Holding reported an EPS of -C$0.014 in its last earnings report, missing expectations of -C$0.007. Following the earnings report the stock price went down -1.6%.
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
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5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
C$8.50 (43.82% Upside)
C$8.50 (43.82% Upside)
Blogger Sentiment
Bullish
TSE:GRID Sentiment 100%
Sector Average 65%
Sector Average 65%
Insider Transactions
Bought Shares
Worth C$58.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▲ 4.3%
Last 30 Days ▼ 4.0%
Last 30 Days ▼ 4.0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
126.62%
12-Months-Change
Fundamentals
Return on Equity
-6.81%
Trailing 12-Months
Asset Growth
33.89%
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
▲(43.82% Upside)
Technical Analysis
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