Rekor Systems, Inc. (REKR)

NASDAQ: REKR · IEX Real-Time Price · USD
1.790
+0.040 (2.29%)
At close: Apr 26, 2024, 4:00 PM
1.830
+0.040 (2.23%)
After-hours: Apr 26, 2024, 7:14 PM EDT
2.29%
Market Cap 152.73M
Revenue (ttm) 34.93M
Net Income (ttm) -45.69M
Shares Out 85.32M
EPS (ttm) -0.72
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 410,319
Open 1.790
Previous Close 1.750
Day's Range 1.740 - 1.830
52-Week Range 1.060 - 4.150
Beta 2.14
Analysts Strong Buy
Price Target 4.00 (+123.46%)
Earnings Date May 15, 2024

About 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 analyti... [Read more]

Sector Technology
Founded 2017
Employees 347
Stock Exchange NASDAQ
Ticker Symbol REKR
Full Company Profile

Financial Performance

In 2023, Rekor Systems's revenue was $34.93 million, an increase of 75.37% compared to the previous year's $19.92 million. Losses were -$45.69 million, -45.03% less than in 2022.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for REKR stock is "Strong Buy." The 12-month stock price forecast is $4.0, which is an increase of 123.46% from the latest price.

Price Target
$4.0
(123.46% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Rekor Systems to Announce First Quarter Fiscal 2024 Results

Company will host earnings call on Wednesday, May 15, 2024 COLUMBIA, MD / ACCESSWIRE / April 22, 2024 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a leader in developing and impleme...

4 days ago - Accesswire

Rekor Systems Showcases Exceptional Year-over-Year Growth and Strategic Milestones in 2023 Financial Results

Company Achieves Fourth Consecutive Quarter of Top Line Growth and Record Revenue COLUMBIA, MD / ACCESSWIRE / March 25, 2024 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a leader in...

4 weeks ago - Accesswire

Anne Townsend Joins Rekor Systems Board, Strengthening Cybersecurity Oversight

COLUMBIA, MD / ACCESSWIRE / March 4, 2024 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a leader in developing and implementing state-of-the-art roadway intelligence technology, toda...

7 weeks ago - Accesswire

Rekor Systems to Announce 2023 Financial Results

Company to announce record annual revenue when it releases financial results for FY2023 COLUMBIA, MD / ACCESSWIRE / March 1, 2024 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a lead...

2 months ago - Accesswire

Rekor Announces Early Redemption of Senior Secured Notes, Strengthening Company's Financial Position

COLUMBIA, MD / ACCESSWIRE / February 26, 2024 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a leader in developing and implementing state-of-the-art roadway intelligence technology, ...

2 months ago - Accesswire

Rekor Systems Announces Full Exercise and Closing of Underwriters' Option in Connection with its Underwritten Public Offering of Common Stock

COLUMBIA, MD / ACCESSWIRE / February 13, 2024 / Rekor Systems, Inc. (Nasdaq:REKR) ("Rekor" or the "Company"), a leader in developing and implementing state-of-the-art roadway intelligence technology, ...

2 months ago - Accesswire

Rekor Systems Announces Closing of Follow-On Public Offering of Common Stock

COLUMBIA, MD / ACCESSWIRE / February 9, 2024 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a leader in developing and implementing state-of-the-art roadway intelligence technology, t...

2 months ago - Accesswire

Rekor Systems Announces Pricing of Follow-On Public Offering of Common Stock

COLUMBIA, MD / ACCESSWIRE / February 7, 2024 / Rekor Systems, Inc. (Nasdaq:REKR) ("Rekor" or the "Company"), a leader in developing and implementing state-of-the-art roadway intelligence technology, t...

2 months ago - Accesswire

Rekor Systems Launches Proposed Follow-On Public Offering of Common Stock

COLUMBIA, MD / ACCESSWIRE / February 6, 2024 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a leader in developing and implementing state-of-the-art roadway intelligence technology, t...

2 months ago - Accesswire

Rekor Discover(TM) Broadens Reach in Western U.S. with New Expansion

Rekor Clinches Pay-For-Data Agreement with New Mexico DOT for Class, Count, and Speed Data Services COLUMBIA, MD / ACCESSWIRE / January 30, 2024 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Co...

3 months ago - Accesswire

Rekor Systems Secures Five-Year Traffic Counting Contract With Gwinnett GA Department of Transportation

COLUMBIA, MD / ACCESSWIRE / January 22, 2024 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a leader in developing and implementing state-of-the-art roadway intelligence technology, t...

3 months ago - Accesswire

Rekor Systems Secures Over $3 Million in Public Safety and Licensing Contracts

COLUMBIA, MD / ACCESSWIRE / January 18, 2024 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a leader in developing and implementing state-of-the-art roadway intelligence technology, t...

3 months ago - Accesswire

Rekor Partners with Philadelphia Industrial Development Corporation to Transform Philadelphia Navy Yard Pilot Into Digital Infrastructure Hub for Roadways

Philadelphia Roadway Intelligence Test Environment Transitions into Multiyear Contract COLUMBIA, MD / ACCESSWIRE / January 16, 2024 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a le...

3 months ago - Accesswire

Rekor Systems Announces Date for 2024 Annual Meeting of Stockholders

2024 Annual Meeting of Stockholders be held on April 18, 2024 COLUMBIA, MD / ACCESSWIRE / January 10, 2024 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a leader in developing and im...

3 months ago - Accesswire

Rekor Systems and Kistler Partner to Deliver Breakthrough Roadway Intelligence to Protect Bridges & Roadway Infrastructure Against Dangerous Overweight Vehicles

First-of-its-Kind Solution in the United States Deployed on New York City's Brooklyn Queens Expressway as Prototype for Protecting Nation's Overburdened Bridges & Roadways COLUMBIA, MD / ACCESSWIRE / ...

3 months ago - Accesswire

Rekor Announces $2.1 Million Contract Expansion with Texas Department of Transportation

Continues Transformation of Traffic Management in the Austin District COLUMBIA, MD / ACCESSWIRE / January 4, 2024 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a leader in developing...

4 months ago - Accesswire

Rekor Systems Strengthens Position in Urban Mobility with Acquisition of All Traffic Data Services, LLC

Acquisition expands geographic base and accelerates technology distribution Company to host a special investor conference call on January 9, 2024, to discuss the acquisition COLUMBIA, MD / ACCESSWIRE ...

4 months ago - Accesswire

Rekor Systems Announces Sale of $15 Million of Revenue Sharing Notes Due December 15, 2026 Priced at 13.25%

Company to host a special investor conference call on December 14, 2023 to discuss its Revenue Sharing Notes program COLUMBIA, MD / ACCESSWIRE / December 13, 2023 / Rekor Systems, Inc. (NASDAQ:REKR) (...

4 months ago - Accesswire

Rekor Systems, Inc. Reports Record Third Quarter 2023 Financial Results

Company continues noteworthy quarter-over-quarter revenue growth, setting itself apart in the AI sector with a 268% Compound Annual Growth Rate (CAGR) Highlights: Record Q3 2023 gross revenue of $9.1 ...

5 months ago - Accesswire

Nextmove by Cintra and Rekor Forge Multi-Year Strategic Partnership for Next Generation Connected Vehicle Solutions

Transportation Infrastructure and AI Tech Firms Join Forces to Help US Accelerate Safer, Smarter, More Sustainable Roadways COLUMBIA, MD / ACCESSWIRE / October 30, 2023 / Rekor Systems, Inc. (NASDAQ:R...

6 months ago - Accesswire

Rekor Systems to Announce Third Quarter Fiscal 2023 Results

Company will host earnings call on Tuesday, November 14, 2023 COLUMBIA, MD / ACCESSWIRE / October 23, 2023 / Rekor Systems, Inc (NASDAQ:REKR) ("Rekor" or the "Company"), a global leader in the develop...

6 months ago - Accesswire

Rekor Joins AWS ISV Accelerate Program

Global Technology Leaders Deepen Relationship to Simplify Adoption and Deployment of State-of-the-Art AI Solutions for Government Agencies and Commercial Entities COLUMBIA, MD / ACCESSWIRE / October 3...

7 months ago - Accesswire

3 High-Growth Small-Cap Picks

Business News Network (BNN) a cable channel owned by Bloomberg in Canada has a daily program called Market Call.  One regular guest is a portfolio manager, Bruce Campbell from a firm called Stone Cast...

Other symbols: QIPT
8 months ago - GuruFocus

Breakthrough Rekor Command(TM) Platform for AI-based Traffic Management Now Available in AWS Marketplace

Out-of-the-box secure SaaS AI-driven traffic management solution in AWS Marketplace simplifies and expedites procurement for government agencies to be at the forefront of digital infrastructure and ro...

8 months ago - Accesswire

Is Rekor Systems (NASDAQ: REKR), A Company Bringing AI To A Largely Untapped Market, On Your Watchlist?

COLUMBIA, MD / ACCESSWIRE / September 6, 2023 / Rekor Systems (NASDAQ:REKR), an innovator in roadway intelligence, is redefining transportation safety norms with a trailblazing application of Artifici...

8 months ago - Accesswire