Tantalus Systems Holding Inc (GRID)

Currency in CAD
4.48
-0.29(-6.08%)
Closed·
GRID is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
4.484.75
52 wk Range
3.676.64
Key Statistics
Prev. Close
4.77
Open
4.64
Day's Range
4.48-4.75
52 wk Range
3.67-6.64
Volume
142.21K
Average Volume (3m)
145.81K
1-Year Change
17.8947%
Book Value / Share
0.61
Fair Value
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Fair Value Upside
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GRID Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
7.46
Upside
+66.51%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a high earnings multiple
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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Sell
Technical Indicators
Sell
Moving Averages
Sell

Analyst Ratings

7 Buy
0 Hold
0 Sell
Ratings:
7 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 7.46
(+66.51% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Canaccord
Buy8.00+78.57%7.50MaintainNov 13, 2026
Canaccord
Buy7.50+67.41%-MaintainSep 21, 2026
Canaccord Genuity
Buy6.00+33.93%5.00MaintainJan 22, 2026
TD Cowen
Buy6.75+50.67%-New CoverageJan 15, 2026

Tantalus Systems Holding Inc Earnings Call Summary for Q3/2026

  • Tantalus posted record Q3 adjusted revenue of $14.3M, up 0.7% YoY but missing $14.96M estimate; shares rose 4.4% on margin gains.
  • Adjusted gross margin improved to 56% from 54.9%; recurring revenue grew 14% to $3.9M, now representing 27% of total adjusted revenue.
  • Supply chain constraints and customer-requested deployment delays pushed ~$1M in revenue into 2027; management expects Q4 recovery.
  • TRUSense Gateway gained traction with 92 utilities ordering and 53 moving from pilot to active deployment; targeting hundreds of millions in opportunity.
  • Company plans Q2 2027 opening of first U.S. service center in Southeast to expand managed services and boost recurring revenue stream.
Last Updated: 11/13/2026, 12:24 AM
Read Full Transcript

Earnings

Latest Release
Nov 12, 2026
EPS / Forecast
0.02 / -0.01
Revenue / Forecast
12.92M / 14.96M
EPS Revisions
Last 90 days

GRID Income Statement

Compare GRID to Peers and Sector

Metrics to compare
GRID
Peers
Sector
Relationship
P/E Ratio
951.6x23.2x10.8x
PEG Ratio
8.250.040.01
Price/Book
7.4x1.8x2.4x
Price / LTM Sales
3.1x2.0x2.0x
Upside (Analyst Target)
66.5%62.0%47.6%
Fair Value Upside
Unlock2.9%9.8%Unlock

Tantalus Systems Holding Inc., a technology company, provides smart grid solutions in Canada and the United States. It operates in two segments, Connected Devices, and Software and Services. The Connected Devices segment sells computing modules used into multiple devices, including meters, sensors, and street lighting fixtures; distributes automation equipment; multi-relay load control switches; and a suite of communications infrastructure devices to deliver an industrial network-of-things/Internet-of-Things (IoT) smart grid, including base stations, repeaters, and collectors. The Software and Services Segment provides software licenses; hosting services; software as a service and other subscriptions; professional services, including project management, deployment, installation, and engineering support; and post-contract technical support and annual software maintenance services, as well as offers software applications AI enabled data analytics and a suite of professional services to support utilities. It provides TRUConnect AMI, a multi-commodity industrial IoT network that includes advanced smart meters and intelligent connected devices; TRUFlex Load+DER Management system, which manages various residential and commercial loads; TRUGrid Automation, a suite of application and analytics tools to identify pinpoint anomalies from data; TRUSync Grid Data Management, a grid data management system that integrates utility data; and TRUSense Gateway solutions. Tantalus Systems Holding Inc. is headquartered in Burnaby, Canada.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
11.22M19.69%50.25M
Other Institutional Investors
14.80M25.98%66.31M
Public Companies & Retail Investors
30.95M54.33%138.66M
Total
56.97M100.00%255.21M

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Redpoint Omega I13.18%7,506,27333,628
Redpoint Management, LLC13.18%7,506,27333,628

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FAQ

What Is the Tantalus Systems Holding (GRID) Stock Price Today?

The Tantalus Systems Holding stock price today is 4.48 CAD.

What Stock Exchange Does Tantalus Systems Holding Trade On?

Tantalus Systems Holding is listed and trades on the Toronto Stock Exchange.

What Is the Stock Symbol for Tantalus Systems Holding?

The stock symbol for Tantalus Systems Holding is "GRID."

What Is the Tantalus Systems Holding Market Cap?

As of today, Tantalus Systems Holding market cap is 271.73M CAD.

What Is Tantalus Systems Holding's Earnings Per Share (TTM)?

The Tantalus Systems Holding EPS (TTM) is 0.0049.

When Is the Next Tantalus Systems Holding Earnings Date?

Tantalus Systems Holding will release its next earnings report on Mar 24, 2027.

From a Technical Analysis Perspective, Is GRID a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Buy.

How Many Times Has Tantalus Systems Holding Stock Split?

Tantalus Systems Holding has split 1 times.

How Many Employees Does Tantalus Systems Holding Have?

Tantalus Systems Holding has 134 employees.

What is the current trading status of Tantalus Systems Holding (GRID)?

As of Nov 14, 2026, Tantalus Systems Holding (GRID) is trading at a price of 4.48 CAD, with a previous close of 4.77 CAD. The stock has fluctuated within a day range of 4.48 CAD to 4.75 CAD, while its 52-week range spans from 3.67 CAD to 6.64 CAD.

What Is Tantalus Systems Holding (GRID) Price Target According to Analysts?

The average 12-month price target for Tantalus Systems Holding is 7.46 CAD, with a high estimate of 8.00656393 CAD and a low estimate of 7.00627854 CAD. 7 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Strong Buy. The stock has an +66.51% Upside potential.
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