Tantalus Systems Holding Inc (GRID)

Currency in CAD
4.50
+0.09(+2.04%)
Closed·
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Fair Value
Day's Range
4.354.53
52 wk Range
2.676.64
Key Statistics
Prev. Close
4.41
Open
4.37
Day's Range
4.35-4.53
52 wk Range
2.67-6.64
Volume
80.39K
Average Volume (3m)
143.42K
1-Year Change
54.1096%
Book Value / Share
0.56
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
7.39
Upside
+64.29%
Members' Sentiments
Bearish
Bullish
ProTips
Analysts do not anticipate the company will be profitable this year
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Technical Analysis

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

Analyst Ratings

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

Analysts 12-Month Price Target:

Average 7.39
(+64.29% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Canaccord Genuity
Buy6.00+33.33%5.00MaintainJan 22, 2026
TD Cowen
Buy6.75+50.00%-New CoverageJan 15, 2026

Tantalus Systems Holding Inc Earnings Call Summary for Q2/2026

  • Q2 2026 revenue rose 18% YoY to $15.42M, beating estimates, but adjusted loss of $0.02/share missed forecasts; shares fell 9.59% to $4.43.
  • Gross margin hit 55%, exceeding 50% target; adjusted EBITDA jumped 35% to CAD 690K, demonstrating improved operating leverage despite wider net loss.
  • Annual recurring revenue reached $15M, up 13% YoY; trailing 12-month revenue hit record $60M with visibility into TRUSense Gateway orders through 2027.
  • Management expects revenue growth to continue with 30K TRUSense units ordered; operating expenses should normalize in H2 after Canadian expansion costs.
  • CEO cited multi-year utility modernization cycle as growth driver; CFO highlighted 20%+ revenue growth with 40% EBITDA expansion showing scalability.
Last Updated: 2026-08-06, 11:52 a/m
Read Full Transcript

Earnings

Latest Release
Aug 05, 2026
EPS / Forecast
-0.02 / -0.00
Revenue / Forecast
15.42M / 15.23M
EPS Revisions
Last 90 days

GRID Income Statement

Compare GRID to Peers and Sector

Metrics to compare
GRID
Peers
Sector
Relationship
P/E Ratio
−217.9x27.6x12.6x
PEG Ratio
−4.400.150.01
Price/Book
8.2x2.7x2.4x
Price / LTM Sales
3.1x2.6x2.3x
Upside (Analyst Target)
66.4%37.4%29.7%
Fair Value Upside
Unlock4.5%5.1%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
8.54M15.00%37.59M
Other Institutional Investors
13.82M24.27%60.83M
Public Companies & Retail Investors
34.60M60.73%152.23M
Total
56.97M100.00%250.66M

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Redpoint Omega I13.18%7,506,27333,028
Redpoint Management, LLC13.18%7,506,27333,028

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FAQ

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

The Tantalus Systems Holding stock price today is 4.50 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 251.23M CAD.

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

The Tantalus Systems Holding EPS (TTM) is -0.02.

When Is the Next Tantalus Systems Holding Earnings Date?

Tantalus Systems Holding will release its next earnings report on Nov 11, 2026.

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 Strong Sell.

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 Aug 15, 2026, Tantalus Systems Holding (GRID) is trading at a price of 4.50 CAD, with a previous close of 4.41 CAD. The stock has fluctuated within a day range of 4.35 CAD to 4.53 CAD, while its 52-week range spans from 2.67 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 7.39 CAD, with a high estimate of 8.48497496 CAD and a low estimate of 6.6917084 CAD. 8 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Strong Buy. The stock has an +64.29% Upside potential.
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