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S&P 500   4,273.53
DOW   33,618.88
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5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
3 Warren Buffett Stocks that are Moving into the Buy Zone
3 Stocks That Really, Really Need the Defense Bill to Pass
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JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
Stock market today: Futures climb as a miserable month for US markets nears its end. Crude nears $92
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
AI Race Accelerates with Amazon's Investment In Anthropic
This Little Known Automaker May Save Your Life and Your Portfolio
S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
3 Warren Buffett Stocks that are Moving into the Buy Zone
3 Stocks That Really, Really Need the Defense Bill to Pass
Is Gold Really Boring? (Ad)
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
Stock market today: Futures climb as a miserable month for US markets nears its end. Crude nears $92
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
AI Race Accelerates with Amazon's Investment In Anthropic
This Little Known Automaker May Save Your Life and Your Portfolio
S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
3 Warren Buffett Stocks that are Moving into the Buy Zone
3 Stocks That Really, Really Need the Defense Bill to Pass
Is Gold Really Boring? (Ad)
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
Stock market today: Futures climb as a miserable month for US markets nears its end. Crude nears $92
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
AI Race Accelerates with Amazon's Investment In Anthropic
This Little Known Automaker May Save Your Life and Your Portfolio
NASDAQ:REKR

Rekor Systems (REKR) Stock Forecast, Price & News

$2.72
+0.06 (+2.26%)
(As of 09/26/2023 ET)
Compare
Today's Range
$2.64
$2.78
50-Day Range
$2.38
$4.08
52-Week Range
$0.56
$4.15
Volume
963,530 shs
Average Volume
1.30 million shs
Market Capitalization
$188.14 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.88

Rekor Systems MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
42.5% Upside
$3.88 Price Target
Short Interest
Bearish
7.59% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$113,000 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.66) to ($0.31) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.00 out of 5 stars

Computer And Technology Sector

494th out of 585 stocks

Communications Equipment, Not Elsewhere Classified Industry

8th out of 10 stocks


REKR stock logo

About Rekor Systems (NASDAQ:REKR) Stock

Rekor Systems, Inc., a technology company, provides intelligent infrastructure solutions for transportation management, public safety, and urban mobility markets in the United States, Canada, and internationally. It leverages AI, machine learning, and holistic data to support the intelligent infrastructure for smart mobility. The company's platforms include Rekor One, an AI-powered roadway intelligence platform; Rekor Command, a comprehensive cross-agency platform that provides various applications for traffic management centers, freeway service patrol, first responders, and maintenance crews; Rekor Discover, a platform that ingests data from its hardware and fully automates comprehensive analytics and actionable insights about the movement of objects across the roadway; and Rekor Scout platform, which fully automates previously manual processes with collaborative solutions that keep all stakeholders apprised of developing situations and accelerate reaction times to incidents and offenders. The company also offers Rekor AutoNotice, a cloud-based financial management application that delivers an information and citation management solution for cities, states, and municipalities for primary and secondary offenses; and Rekor CarCheck, which allows its AI based vehicle and license plate recognition technology to be conveniently accessed for a range of commercial applications. In addition, it offers Rekor Edge Max System, a fixed traffic data collection system; Rekor Edge Pro, a vehicle recognition solution; and Rekor Edge Flex, a portable data collection system. Rekor Systems, Inc. was incorporated in 2017 and is headquartered in Columbia, Maryland.

REKR Price History

REKR Stock News Headlines

The "Plug and Play" Model Putting Online Giants to Shame
While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."
Arctis Global LLC Boosts Stake in Rekor Systems Inc
The "Plug and Play" Model Putting Online Giants to Shame
While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."
See More Headlines
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REKR Company Calendar

Last Earnings
8/14/2023
Today
9/27/2023
Next Earnings (Estimated)
11/13/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Communications equipment, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:REKR
Fax
N/A
Employees
267
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$3.88
High Stock Price Forecast
$4.00
Low Stock Price Forecast
$3.75
Forecasted Upside/Downside
+42.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-83,110,000.00
Net Margins
-282.34%
Pretax Margin
-286.38%

Debt

Sales & Book Value

Annual Sales
$19.92 million
Book Value
$0.91 per share

Miscellaneous

Free Float
63,358,000
Market Cap
$188.14 million
Optionable
Not Optionable
Beta
2.21
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Key Executives

  • Mr. Robert Alan BermanMr. Robert Alan Berman (Age 62)
    Exec. Chairman & CEO
    Comp: $710.09k
  • Mr. David Philip Desharnais (Age 51)
    Pres & COO
    Comp: $972.22k
  • Mr. Eyal HenMr. Eyal Hen (Age 50)
    Chief Financial Officer
    Comp: $452.2k
  • Mr. Christopher Kadoch
    Chief Technology Officer
  • Mr. Mathew Anthony HillMr. Mathew Anthony Hill (Age 39)
    Chief Science Officer
  • Mr. Bulent S. Ozcan C.F.A.
    Director of Investor Relations
  • Mr. Claud V. S. Eley
    Outside Gen. Counsel
  • Mr. Charles A. Degliomini (Age 64)
    Exec. VP of Gov. Relations & Corp. Communications
  • Ms. Debra Shakerdge-Hennessy
    Chief People Officer
  • Mr. Riaz Latifullah (Age 66)
    Exec. VP of Strategic Program Devel.













REKR Stock - Frequently Asked Questions

Should I buy or sell Rekor Systems stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rekor Systems in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" REKR shares.
View REKR analyst ratings
or view top-rated stocks.

What is Rekor Systems' stock price forecast for 2023?

1 equities research analysts have issued 1-year price targets for Rekor Systems' stock. Their REKR share price forecasts range from $3.75 to $4.00. On average, they anticipate the company's stock price to reach $3.88 in the next twelve months. This suggests a possible upside of 42.5% from the stock's current price.
View analysts price targets for REKR
or view top-rated stocks among Wall Street analysts.

How have REKR shares performed in 2023?

Rekor Systems' stock was trading at $1.20 at the beginning of 2023. Since then, REKR stock has increased by 126.7% and is now trading at $2.72.
View the best growth stocks for 2023 here
.

When is Rekor Systems' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, November 13th 2023.
View our REKR earnings forecast
.

How were Rekor Systems' earnings last quarter?

Rekor Systems, Inc. (NASDAQ:REKR) released its quarterly earnings data on Monday, August, 14th. The company reported ($0.18) EPS for the quarter, missing analysts' consensus estimates of ($0.16) by $0.02. The business earned $8.56 million during the quarter, compared to analysts' expectations of $8.03 million. Rekor Systems had a negative net margin of 282.34% and a negative trailing twelve-month return on equity of 159.54%.

What guidance has Rekor Systems issued on next quarter's earnings?

Rekor Systems updated its second quarter 2023 earnings guidance on Wednesday, July, 19th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $8.00M-, compared to the consensus revenue estimate of $7.55 million.

What other stocks do shareholders of Rekor Systems own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Rekor Systems investors own include Cytosorbents (CTSO), Micron Technology (MU), Aurora Cannabis (ACB), Delta Air Lines (DAL), NVIDIA (NVDA), Tesla (TSLA), Blink Charging (BLNK), Domino's Pizza (DPZ).

What is Rekor Systems' stock symbol?

Rekor Systems trades on the NASDAQ under the ticker symbol "REKR."

Who are Rekor Systems' major shareholders?

Rekor Systems' stock is owned by a number of retail and institutional investors. Top institutional investors include Cantor Fitzgerald L. P. (4.59%), Shay Capital LLC (3.12%), BlackRock Inc. (0.89%), Tejara Capital Ltd (0.75%), Geode Capital Management LLC (0.73%) and Renaissance Technologies LLC (0.35%). Insiders that own company stock include Arctis Global Llc, Eyal Hen, Glenn S Goord, Goldman Sachs Group Inc, Matthew Anthony Hill, Robert Alan Berman and Rodney Hillman.
View institutional ownership trends
.

How do I buy shares of Rekor Systems?

Shares of REKR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Rekor Systems' stock price today?

One share of REKR stock can currently be purchased for approximately $2.72.

How much money does Rekor Systems make?

Rekor Systems (NASDAQ:REKR) has a market capitalization of $188.14 million and generates $19.92 million in revenue each year.

How many employees does Rekor Systems have?

The company employs 267 workers across the globe.

How can I contact Rekor Systems?

Rekor Systems' mailing address is 7172 Columbia Gateway Drive Suite 400, Columbia MD, 21046. The official website for the company is www.rekorsystems.com. The company can be reached via phone at (410) 762-0800 or via email at ir@rekorsystems.com.

This page (NASDAQ:REKR) was last updated on 9/27/2023 by MarketBeat.com Staff

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