NASDAQ:REKR

Rekor Systems (REKR) Stock Price, News & Analysis

$1.93
+0.05 (+2.66%)
(As of 05/3/2024 ET)
Today's Range
$1.88
$1.98
50-Day Range
$1.75
$2.55
52-Week Range
$1.08
$4.15
Volume
803,074 shs
Average Volume
878,316 shs
Market Capitalization
$164.67 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.88

Rekor Systems MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
100.8% Upside
$3.88 Price Target
Short Interest
Healthy
12.00% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.23mentions of Rekor Systems in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.28) to ($0.18) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.30 out of 5 stars

Computer And Technology Sector

383rd out of 594 stocks

Communications Equipment, Not Elsewhere Classified Industry

7th out of 11 stocks

REKR stock logo

About Rekor Systems Stock (NASDAQ:REKR)

Rekor Systems, Inc., a technology company, provides infrastructure solutions for transportation, public safety, and urban mobility markets in the United States and internationally. The company's platforms include Rekor One, an AI-powered roadway intelligence platform; Rekor Command, a comprehensive cross-agency platform that offers 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 automates comprehensive analytics and actionable insights about the movement of objects across the roadway; and Rekor Scout platform, which automates previously manual processes with collaborative solutions that keep all stakeholders apprised of developing situations and accelerate reaction times to incidents and offenders. It also offers Rekor AutoNotice, a cloud-based financial management application that delivers a turnkey 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 accessed for a range of commercial applications. In addition, the company offers Rekor Edge Max System, a fixed traffic data collection system that captures and transforms roadway data into holistic traffic insights; Rekor Edge Pro, a vehicle recognition solution that is used on a standalone basis or integrated into a network; and Rekor Edge Flex, a portable data collection system. Further, it provides traffic services, including traditional traffic studies, which delivers data and insights for planning and management of roadway infrastructure and commercial initiatives; innovative AI-driven traffic studies, for traffic management; and extensive traffic engineering services. The company was incorporated in 2017 and is headquartered in Columbia, Maryland.

REKR Stock Price History

REKR Stock News Headlines

Never use this word on your phone (FBI could be watching)
This report sent a chill down my spine. Turns out, as part of their Jan. 6th investigation, the Feds are flagging Americans who typed these ordinary words as part of their banking transactions...
Never use this word on your phone (FBI could be watching)
This report sent a chill down my spine. Turns out, as part of their Jan. 6th investigation, the Feds are flagging Americans who typed these ordinary words as part of their banking transactions...
Earnings Preview: Rekor Systems
Rekor Systems Inc.
REKR Aug 2024 7.500 call
REKR May 2024 2.500 put
REKR Apr 2024 5.000 put
REKR Apr 2024 5.000 call
REKR Apr 2024 2.500 put
REKR Apr 2024 2.500 call
Rekor Systems Inc (REKR)
3 Cheap AI Stocks to Buy in March 2024
See More Headlines
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Company Calendar

Last Earnings
3/25/2024
Today
5/05/2024
Next Earnings (Confirmed)
5/15/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Communications equipment, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:REKR
Fax
N/A
Employees
347
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$3.88
High Stock Price Target
$4.00
Low Stock Price Target
$3.75
Potential Upside/Downside
+100.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-45,690,000.00
Net Margins
-130.78%
Pretax Margin
-130.69%

Debt

Sales & Book Value

Annual Sales
$34.93 million
Book Value
$0.48 per share

Miscellaneous

Free Float
78,158,000
Market Cap
$164.68 million
Optionable
Optionable
Beta
2.20
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REKR Stock Analysis - Frequently Asked Questions

Should I buy or sell Rekor Systems stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Rekor Systems in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" REKR shares.
View REKR analyst ratings
or view top-rated stocks.

What is Rekor Systems' stock price target for 2024?

2 brokers have issued twelve-month target prices for Rekor Systems' shares. Their REKR share price targets range from $3.75 to $4.00. On average, they predict the company's stock price to reach $3.88 in the next twelve months. This suggests a possible upside of 100.8% 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 2024?

Rekor Systems' stock was trading at $3.33 at the beginning of the year. Since then, REKR stock has decreased by 42.0% and is now trading at $1.93.
View the best growth stocks for 2024 here
.

Are investors shorting Rekor Systems?

Rekor Systems saw a decrease in short interest in the month of April. As of April 15th, there was short interest totaling 10,240,000 shares, a decrease of 19.4% from the March 31st total of 12,700,000 shares. Based on an average daily trading volume, of 1,220,000 shares, the days-to-cover ratio is currently 8.4 days.
View Rekor Systems' Short Interest
.

When is Rekor Systems' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 15th 2024.
View our REKR earnings forecast
.

How can I listen to Rekor Systems' earnings call?

Rekor Systems will be holding an earnings conference call on Wednesday, May 15th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 201-612-7415 with passcode "13746266".

How were Rekor Systems' earnings last quarter?

Rekor Systems, Inc. (NASDAQ:REKR) posted its earnings results on Monday, March, 25th. The company reported ($0.16) earnings per share for the quarter, missing the consensus estimate of ($0.11) by $0.05. The business earned $11.07 million during the quarter, compared to analysts' expectations of $10.72 million. Rekor Systems had a negative trailing twelve-month return on equity of 106.96% and a negative net margin of 130.78%.

What ETFs hold Rekor Systems' stock?

ETFs with the largest weight of Rekor Systems (NASDAQ:REKR) stock in their portfolio include Direxion Moonshot Innovators ETF (MOON).SPDR S&P Kensho Intelligent Structures ETF (SIMS).

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), Delta Air Lines (DAL), NVIDIA (NVDA), Tesla (TSLA), Blink Charging (BLNK), Domino's Pizza (DPZ).

Who are Rekor Systems' major shareholders?

Rekor Systems' stock is owned by many different institutional and retail investors. Top institutional investors include Curated Wealth Partners LLC (0.00%), Cannon Global Investment Management LLC (0.05%), International Assets Investment Management LLC (0.04%) and Lake Hills Wealth Management LLC (0.03%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:REKR) was last updated on 5/5/2024 by MarketBeat.com Staff

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