TANTALUS SYSTEMS HOLDING INC (GRID.CA) Forecast, Price Target & Analyst Ratings

TSX:GRID • CA87601F1062

4.51 CAD
-0.19 (-4.04%)
Last: Mar 6, 2026, 07:00 PM

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for TANTALUS SYSTEMS HOLDING INC (GRID.CA).

Forecast Snapshot

Consensus Price Target

Price Target
CA$6.99
+ 54.99% Upside

Next Earnings Forecast

Earnings Estimate
Release DateMar 18, 2026
PeriodQ4 / 2025
EPS Estimate$0.00
Revenue Estimate14.201M

ChartMill Buy Consensus

Rating
84.62%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
CA$6.99
Upside
+ 54.99%
From current price of CA$4.51 to mean target of CA$6.99, Based on 13 analyst forecasts
Low
CA$4.55
Median
CA$6.63
High
CA$9.84

Price Target Revisions

1 Month
26.51%
3 Months
26.51%

Price Target Summary

13 analysts have analysed GRID.CA and the average price target is 6.99 CAD. This implies a price increase of 54.99% is expected in the next year compared to the current price of 4.51.
The average price target has been revised upward by 26.51% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

GRID Current Analyst RatingGRID Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6

Analyst Ratings History

GRID Historical Analyst RatingsGRID Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8 10

Analyst Ratings Consensus

ChartMill Buy Consensus
84.62%
GRID.CA was analyzed by 13 analysts. The buy percentage consensus is at 85. So analysts seem to be very confident about GRID.CA.
In the previous month the buy percentage consensus was at a similar level.
GRID.CA was analyzed by 13 analysts, which is quite many. So the average rating should be quite meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2022-08-11PI FinancialDowngrade
2022-05-12Cormark SecuritiesDowngrade
2022-02-09Canaccord CapitalDowngrade Buy
2021-09-09Canaccord GenuityInitiate Buy
2021-09-02PI FinancialInitiate Neutral

Next Earnings Forecast Details

Next Earnings Details

Release DateMar 18, 2026
PeriodQ4 / 2025
EPS Estimate$0.00
Revenue Estimate14.201M
Revenue Q2Q12.80%
EPS Q2Q-100.00%
Number of Analysts5

Next Earnings Revisions

Revenue (1 Month)
-0.22%
Revenue (3 Months)
0.23%
EPS (1 Month)
N/A
EPS (3 Months)
N/A

Next Earnings Summary

GRID.CA is expected to report earnings on 3/18/2026. The consensus EPS estimate for the next earnings is 0 CAD and the consensus revenue estimate is 14.20M CAD.
The next earnings revenue estimate has been revised upward by 0.23% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2022 2023 2024 2025 2026 2027 2028
Revenue
YoY % growth
GRID.CA revenue by date.GRID.CA revenue by date.
39.6M
23.10%
42.147M
6.43%
44.311M
5.13%
54.474M
22.94%
64.009M
17.50%
78.515M
22.66%
154.22M
96.42%
EBITDA
YoY % growth
GRID.CA ebitda by date.GRID.CA ebitda by date.
-3.79M
19.19%
-452K
88.07%
490.1K
208.43%
2.651M
440.91%
3.769M
42.17%
7.595M
101.51%
36.108M
375.42%
EBIT
YoY % growth
GRID.CA ebit by date.GRID.CA ebit by date.
-5.69M
8.81%
-2.287M
59.81%
-1.262M
44.80%
-72.757K
94.24%
2.113M
3,004.20%
5.952M
181.68%
N/A
Operating Margin
GRID.CA operating margin by date.GRID.CA operating margin by date.
-14.37%-5.43%-2.85%-0.13%3.30%7.58%N/A
EPS
YoY % growth
GRID.CA eps by date.GRID.CA eps by date.
N/A
13.98%
-0.09
35.29%
-0.05
43.18%
-0.02
54.10%
0.02
177.78%
0.10
433.31%
N/A

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q4 / 25 Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26
EPS
Q2Q % growth
0.00
-100.00%
-0.01
-2.00%
0.00
100.00%
0.01
2.00%
0.01
Revenue
Q2Q % growth
14.201M
12.80%
14.154M
18.90%
15.606M
19.24%
16.932M
19.26%
17.238M
21.39%
EBITDA
Q2Q % growth
974.783K
-58.02%
305.184K
306.91%
892.5K
43.26%
1.326M
-25.13%
1.785M
83.12%
EBIT
Q2Q % growth
564.06K
-0.97%
125.46K
136.58%
N/AN/AN/A

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

GRID.CA Yearly Revenue VS EstimatesGRID.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 50M 100M 150M
GRID.CA Yearly EPS VS EstimatesGRID.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 2027 0 0.05 -0.05 -0.1 -0.15

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
57.46%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
20.72%
Revenue Next 5 Year
36.34%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
71.03%
EBIT Next 5 Year
100.86%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

TANTALUS SYSTEMS HOLDING INC / GRID.CA Forecast FAQ

What do analysts expect the price target to be for TANTALUS SYSTEMS HOLDING INC (GRID.CA)?

13 analysts have analysed GRID.CA and the average price target is 6.99 CAD. This implies a price increase of 54.99% is expected in the next year compared to the current price of 4.51.


When does TANTALUS SYSTEMS HOLDING INC (GRID.CA) report earnings?

TANTALUS SYSTEMS HOLDING INC (GRID.CA) will report earnings on 2026-03-18.


Can you provide the consensus estimates for TANTALUS SYSTEMS HOLDING INC next earnings?

The consensus EPS estimate for the next earnings of TANTALUS SYSTEMS HOLDING INC (GRID.CA) is 0 CAD and the consensus revenue estimate is 14.20M CAD.


What is the expected long term growth rate for TANTALUS SYSTEMS HOLDING INC (GRID.CA)?

The expected long term growth rate for TANTALUS SYSTEMS HOLDING INC (GRID.CA) is 20.72%.