NASDAQ:REKR Rekor Systems (REKR) Stock Forecast, Price & News $2.72 +0.06 (+2.26%) (As of 09/26/2023 ET) Add Compare Share Share Today's Range$2.64▼$2.7850-Day Range$2.38▼$4.0852-Week Range$0.56▼$4.15Volume963,530 shsAverage Volume1.30 million shsMarket Capitalization$188.14 millionP/E RatioN/ADividend YieldN/APrice Target$3.88 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Rekor Systems MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside42.5% Upside$3.88 Price TargetShort InterestBearish7.59% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingAcquiring Shares$113,000 Bought Last QuarterProj. Earnings GrowthGrowingFrom ($0.66) to ($0.31) Per ShareSee Full Details Hide Full Details 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 starsComputer And Technology Sector494th out of 585 stocksCommunications Equipment, Not Elsewhere Classified Industry8th out of 10 stocks 3.5 Analyst's Opinion Consensus RatingRekor Systems has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $3.88, Rekor Systems has a forecasted upside of 42.5% from its current price of $2.72.Amount of Analyst CoverageRekor Systems has only been the subject of 1 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted7.59% of the outstanding shares of Rekor Systems have been sold short.Short Interest Ratio / Days to CoverRekor Systems has a short interest ratio ("days to cover") of 5.4.Change versus previous monthShort interest in Rekor Systems has recently increased by 34.96%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldRekor Systems does not currently pay a dividend.Dividend GrowthRekor Systems does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for REKR. Previous Next 2.7 News and Social Media Coverage News SentimentRekor Systems has a news sentiment score of 0.93. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 1 news article for Rekor Systems this week, compared to 1 article on an average week.Search InterestOnly 20 people have searched for REKR on MarketBeat in the last 30 days. This is a decrease of -41% compared to the previous 30 days.MarketBeat Follows14 people have added Rekor Systems to their MarketBeat watchlist in the last 30 days. This is an increase of 27% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Rekor Systems insiders have bought more of their company's stock than they have sold. Specifically, they have bought $113,000.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 8.40% of the stock of Rekor Systems is held by insiders.Percentage Held by Institutions40.56% of the stock of Rekor Systems is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Rekor Systems are expected to grow in the coming year, from ($0.66) to ($0.31) per share.Price to Book Value per Share RatioRekor Systems has a P/B Ratio of 2.99. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Rekor Systems (NASDAQ:REKR) StockRekor 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.Read More REKR Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart REKR Stock News HeadlinesSeptember 13, 2023 | finance.yahoo.comBreakthrough Rekor Command(TM) Platform for AI-based Traffic Management Now Available in AWS MarketplaceSeptember 6, 2023 | finanznachrichten.deIs Rekor Systems , A Company Bringing AI To A Largely Untapped Market, On Your Watchlist?September 27, 2023 | Wall Street Fundamentals (Ad)The "Plug and Play" Model Putting Online Giants to ShameWhile 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."September 5, 2023 | benzinga.comIs Rekor Systems (NASDAQ: REKR), A Company Bringing AI To A Largely Untapped Market, On Your Watchlist?August 31, 2023 | nasdaq.comRekor Systems (REKR) Price Target Increased by 25.93% to 4.34August 24, 2023 | finance.yahoo.comRekor Systems' Market Cap Up US$65m Following Year Of Insider Stock BuyingAugust 23, 2023 | benzinga.comRekor Systems Chief Executive Officer Acquires 125,000 Shares of Company StockAugust 19, 2023 | finance.yahoo.comArctis Global LLC Boosts Stake in Rekor Systems IncSeptember 27, 2023 | Wall Street Fundamentals (Ad)The "Plug and Play" Model Putting Online Giants to ShameWhile 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."August 15, 2023 | msn.comB. Riley Securities Maintains Rekor Systems (REKR) Buy RecommendationAugust 14, 2023 | finance.yahoo.comRekor Systems, Inc. Reports Record Second Quarter 2023 Financial ResultsAugust 10, 2023 | finanznachrichten.deRekor Systems, Inc.: New Rekor Discover Vehicle Insite Application Unlocks Unprecedented Customer Insights and Growth for Brick-and-Mortar BusinessesAugust 10, 2023 | finance.yahoo.comNew Rekor Discover(TM) Vehicle Insite Application Unlocks Unprecedented Customer Insights and Growth for Brick-and-Mortar BusinessesAugust 8, 2023 | finance.yahoo.comRekor's Multifaceted AI Sniffs Out Notorious Drug Trafficker - Same Tech Holds Potential for Monitoring Traffic Flow, Emissions, Uninsured Vehicles, Weight And Volume On RoadwayAugust 3, 2023 | finance.yahoo.comRekor Systems and Tel Aviv University LAMBDA Partner to Push the Frontiers of AI-based Roadway IntelligenceJuly 27, 2023 | finance.yahoo.comRekor Systems Announces Nomination of Professor Sanjay Sarma and Tim Davenport As New Board DirectorsJuly 25, 2023 | finance.yahoo.comRekor Systems Moves Up Date for Second Quarter 2023 Financial Results Announcement, Now Scheduled for August 14, 2023, After Market CloseJuly 21, 2023 | finance.yahoo.comRekor Systems and AWS Industry Report Unlocks The True Potential For US TransportationJuly 18, 2023 | benzinga.comAI & The Future: Rekor Is Helping Build The Future Of Transportation Using AIJuly 18, 2023 | benzinga.comRekor Systems Anticipates Over 110% Growth In Q2 2023 Revenue, Surpassing Projections As The Company Gears Up For More GrowthJuly 17, 2023 | finance.yahoo.comRekor Systems To Deliver Record Q2 2023 Revenue of Over $8.0 Million, Marking Exceptional Growth of More Than 110% vs. Q2 2022 and An Increase in Excess of 30% vs. Q1 2023July 12, 2023 | benzinga.comRekor's Multi-Mission AI Technology Revolutionizes Roadway Safety, Reducing Uninsured Motorist Incidents and Bias in Traffic EnforcementJune 29, 2023 | benzinga.comRekor Systems – America's Roadways Are Broken; This Company Is Using AI To Fix ThemJune 29, 2023 | finance.yahoo.comRekor Systems (NASDAQ:REKR) shareholders are up 27% this past week, but still in the red over the last three yearsJune 27, 2023 | finanznachrichten.deRekor Systems: Rekor's Network Of Partners Could Position It In A Central Role In The Development Of U.S. InfrastructureJune 26, 2023 | benzinga.comRekor's Network Of Partners Could Position It In A Central Role In The Development Of U.S. InfrastructureJune 21, 2023 | finance.yahoo.comA Rapidly Growing Shift From Analog Methods To Predictive Roadway Analytics - How One Company is Breaking Ground in AI-Based Predictive Traffic AnalyticsSee More Headlines Receive REKR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Rekor Systems and its competitors with MarketBeat's FREE daily newsletter. Email Address REKR Company Calendar Last Earnings8/14/2023Today9/27/2023Next Earnings (Estimated)11/13/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Communications equipment, not elsewhere classified Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:REKR CUSIPN/A CIK1697851 Webwww.rekorsystems.com Phone(410) 762-0800FaxN/AEmployees267Year FoundedN/APrice Target and Rating Average Stock Price Forecast$3.88 High Stock Price Forecast$4.00 Low Stock Price Forecast$3.75 Forecasted Upside/Downside+42.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-83,110,000.00 Net Margins-282.34% Pretax Margin-286.38% Return on Equity-159.54% Return on Assets-89.23% Debt Debt-to-Equity Ratio0.23 Current Ratio0.88 Quick Ratio0.70 Sales & Book Value Annual Sales$19.92 million Price / Sales9.44 Cash FlowN/A Price / Cash FlowN/A Book Value$0.91 per share Price / Book2.99Miscellaneous Outstanding Shares69,170,000Free Float63,358,000Market Cap$188.14 million OptionableNot Optionable Beta2.21 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. Robert Alan Berman (Age 62)Exec. Chairman & CEO Comp: $710.09kMr. David Philip Desharnais (Age 51)Pres & COO Comp: $972.22kMr. Eyal Hen (Age 50)Chief Financial Officer Comp: $452.2kMr. Christopher KadochChief Technology OfficerMr. Mathew Anthony Hill (Age 39)Chief Science Officer Mr. Bulent S. Ozcan C.F.A.Director of Investor RelationsMr. Claud V. S. EleyOutside Gen. CounselMr. Charles A. Degliomini (Age 64)Exec. VP of Gov. Relations & Corp. Communications Ms. Debra Shakerdge-HennessyChief People OfficerMr. Riaz Latifullah (Age 66)Exec. VP of Strategic Program Devel. More ExecutivesKey CompetitorsIterisNASDAQ:ITITurtle BeachNASDAQ:HEAReGainNASDAQ:EGANOusterNYSE:OUSTEdgioNASDAQ:EGIOView All CompetitorsInsiders & InstitutionsRobert Alan BermanBought 10,000 shares on 8/25/2023Total: $34,500.00 ($3.45/share)Robert Alan BermanBought 25,000 shares on 8/18/2023Total: $78,500.00 ($3.14/share)Coombe Bender & Co LLCBought 45,132 shares on 8/18/2023Ownership: 0.233%Cantor Fitzgerald L. P.Sold 10,000 shares on 8/15/2023Ownership: 4.586%Citadel Advisors LLCSold 9,400 shares on 8/15/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions 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. 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