Northland Securities Forecasts Rekor Systems Q3 Earnings

Key Points

• Northland Securities raised its Q3 2026 EPS estimate for Rekor to ($0.02) from ($0.03) and now forecasts Q4 2026 at ($0.01), FY2026 at ($0.10) and FY2027 at ($0.04).
• Rekor recently missed quarterly expectations—reporting ($0.06) EPS vs. ($0.04) expected and $12.7M revenue vs. $14.56M expected—sending the stock down ~6.3% to $0.79, while analysts' consensus rating remains Sell.
• Institutions own about 45.7% of the company, with Goldman Sachs boosting its stake 20.8% to roughly 3.98 million shares (about $3.53M).

Rekor Systems, Inc. (NASDAQ:REKR - Free Report) - Equities researchers at Northland Securities raised their Q3 2026 earnings per share (EPS) estimates for Rekor Systems in a research note issued to investors on Wednesday, April 1st. Northland Securities analyst M. Latimore now forecasts that the company will earn ($0.02) per share for the quarter, up from their previous forecast of ($0.03). The consensus estimate for Rekor Systems' current full-year earnings is ($0.57) per share. Northland Securities also issued estimates for Rekor Systems' Q4 2026 earnings at ($0.01) EPS, FY2026 earnings at ($0.10) EPS and FY2027 earnings at ($0.04) EPS.

Other equities analysts have also issued reports about the stock. Wall Street Zen lowered shares of Rekor Systems from a "hold" rating to a "sell" rating in a research note on Saturday. Weiss Ratings restated a "sell (d-)" rating on shares of Rekor Systems in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has an average rating of "Sell".

Rekor Systems Stock Down 6.3%

Shares of NASDAQ REKR traded down $0.05 during midday trading on Tuesday, hitting $0.79. 1,262,788 shares of the company's stock were exchanged, compared to its average volume of 2,530,521. The firm's fifty day simple moving average is $0.90 and its 200-day simple moving average is $1.55. The company has a market cap of $107.35 million, a PE ratio of -3.02 and a beta of 2.00. Rekor Systems has a twelve month low of $0.66 and a twelve month high of $3.42. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.45 and a quick ratio of 1.20.

Rekor Systems (NASDAQ:REKR - Get Free Report) last announced its quarterly earnings results on Tuesday, March 31st. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.04) by ($0.02). The business had revenue of $12.70 million for the quarter, compared to analysts' expectations of $14.56 million. Rekor Systems had a negative return on equity of 126.37% and a negative net margin of 89.82%.

Institutional Trading of Rekor Systems

Several institutional investors and hedge funds have recently bought and sold shares of the business. Goldman Sachs Group Inc. boosted its stake in Rekor Systems by 20.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 3,981,293 shares of the company's stock worth $3,530,000 after purchasing an additional 686,094 shares during the period. Creative Planning raised its holdings in shares of Rekor Systems by 233.7% in the second quarter. Creative Planning now owns 40,035 shares of the company's stock valued at $46,000 after buying an additional 28,037 shares during the last quarter. Jump Financial LLC boosted its stake in shares of Rekor Systems by 199.4% during the second quarter. Jump Financial LLC now owns 63,768 shares of the company's stock worth $74,000 after buying an additional 42,468 shares during the period. Daiwa Securities Group Inc. purchased a new position in shares of Rekor Systems during the second quarter worth about $52,000. Finally, NewEdge Advisors LLC grew its holdings in shares of Rekor Systems by 74.6% during the second quarter. NewEdge Advisors LLC now owns 32,055 shares of the company's stock worth $37,000 after buying an additional 13,700 shares during the last quarter. Hedge funds and other institutional investors own 45.71% of the company's stock.

Rekor Systems Company Profile

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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