Brokers Issue Forecasts for Rekor Systems Q3 Earnings

Key Points

• Northland Securities raised its Q3 2027 EPS forecast for Rekor Systems to $0.00 from a previous estimate of a $0.01 loss, while projecting $0.00 EPS for Q4 2027. The consensus full-year estimate remains a loss of $0.13 per share.
• Rekor reported quarterly EPS of $0.00, beating analysts’ estimate of a $0.03 loss, while revenue of $12.66 million slightly exceeded expectations. Despite the results, the company continues to post negative profitability metrics, including a 43.84% net margin.
• Analyst sentiment remains weak, with MarketBeat reporting a consensus “Sell” rating. Rekor shares opened at $0.61, near their 52-week low of $0.55 and well below their 52-week high of $3.42.

Rekor Systems, Inc. (NASDAQ:REKR - Free Report) - Equities researchers at Northland Securities lifted their Q3 2027 earnings estimates for Rekor Systems in a research note issued to investors on Friday, August 14th. Northland Securities analyst M. Latimore now anticipates that the company will earn $0.00 per share for the quarter, up from their previous forecast of ($0.01). The consensus estimate for Rekor Systems' current full-year earnings is ($0.13) per share. Northland Securities also issued estimates for Rekor Systems' Q4 2027 earnings at $0.00 EPS.

Several other equities analysts have also issued reports on REKR. Wall Street Zen raised Rekor Systems from a "sell" rating to a "hold" rating in a research note on Saturday, May 16th. Weiss Ratings lowered Rekor Systems from a "sell (d-)" rating to a "sell (e+)" rating in a research report on Monday, August 17th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Rekor Systems has a consensus rating of "Sell".

Rekor Systems Stock Performance

NASDAQ REKR opened at $0.61 on Monday. The stock has a fifty day moving average of $0.65 and a 200-day moving average of $0.77. The stock has a market capitalization of $83.64 million, a P/E ratio of -3.80 and a beta of 1.86. Rekor Systems has a 52 week low of $0.55 and a 52 week high of $3.42.

Rekor Systems (NASDAQ:REKR - Get Free Report) last posted its quarterly earnings data on Thursday, August 13th. The company reported ($0.00) earnings per share for the quarter, topping the consensus estimate of ($0.03) by $0.03. Rekor Systems had a negative net margin of 43.84% and a negative return on equity of 59.05%. The firm had revenue of $12.66 million during the quarter, compared to analysts' expectations of $12.61 million.

Hedge Funds Weigh In On Rekor Systems

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Anson Funds Management LP bought a new stake in shares of Rekor Systems during the 4th quarter valued at $10,395,000. State Street Corp boosted its position in shares of Rekor Systems by 539.8% in the 4th quarter. State Street Corp now owns 3,784,731 shares of the company's stock worth $5,223,000 after purchasing an additional 3,193,190 shares during the last quarter. Prescott Group Capital Management L.L.C. bought a new position in shares of Rekor Systems in the 4th quarter worth $2,934,000. Renaissance Technologies LLC bought a new position in shares of Rekor Systems in the 4th quarter worth $2,472,000. Finally, BlackRock Inc. acquired a new stake in shares of Rekor Systems during the second quarter worth $1,198,000. 45.71% of the stock is owned by institutional investors.

About Rekor Systems

Rekor Systems, Inc is a U.S.-based technology company specializing in real-time vehicle recognition solutions powered by artificial intelligence and machine learning. The company develops software and hardware systems that capture, analyze and store vehicle data—such as license plate images, make and model, color and vehicle characteristics—by leveraging advanced computer vision algorithms. Rekor's platforms enable public safety agencies, transportation departments and private enterprises to automate vehicle identification, enhance situational awareness and improve operational efficiency.

The company's flagship offering is a suite of intelligent camera and analytics products that include built-in license plate recognition (LPR) and vehicle attribute classification.

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