Rekor Systems, Inc. (REKR)

NASDAQ: REKR · IEX Real-Time Price · USD
0.900
-0.050 (-5.26%)
At close: Dec 2, 2022 4:00 PM
0.938
+0.038 (4.21%)
After-hours: Dec 2, 2022 7:57 PM EST
-5.26%
Market Cap 51.64M
Revenue (ttm) 18.56M
Net Income (ttm) -83.29M
Shares Out 53.48M
EPS (ttm) -0.79
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 181,377
Open 0.94
Previous Close 0.95
Day's Range 0.9 - 0.956
52-Week Range 0.84 - 7.33
Beta 2.10
Analysts Buy
Price Target 3.06 (+240.0%)
Earnings Date Nov 14, 2022

About REKR

Rekor Systems, Inc., through its subsidiaries, develops and implements transformative mission-critical intelligent infrastructure solutions and services for transportation management, public safety, and commercial markets in the United States, Canada, and internationally. It offers Rekor One Traffic Management solutions, including software modules for roadway monitoring and response, an incident detection and management solution; traffic and infrastructure analytics to capture data for roadway and infrastructure analytics and planning; and live... [Read more]

Industry Professional Services
Founded 2017
Employees 249
Stock Exchange NASDAQ
Ticker Symbol REKR
Full Company Profile

Financial Performance

In 2021, Rekor Systems's revenue was $14.29 million, an increase of 54.80% compared to the previous year's $9.23 million. Losses were -$26.78 million, 88.8% more than in 2020.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for REKR stock is "Buy." The 12-month stock price forecast is 3.06, which is an increase of 239.96% from the latest price.

Price Target
$3.06
(239.96% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Rekor Systems Inc. Reports Third Quarter 2022 Financial Results

Highlights: Revenue increased 184% to $7.4 million for the three months ended September 30, 2022, compared to $2.6 million for the three months ended September 30, 2021 Revenue increased 38% to $15.4 mi...

2 weeks ago - Accesswire

Rekor Systems to Announce Third Quarter Fiscal 2022 Results

COLUMBIA, MD / ACCESSWIRE / November 3, 2022 / - Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide insights that build safer, smarter...

1 month ago - Accesswire

Rekor and COTA Kick Off $2.5 Million Program to Improve Traffic and Transit Services in Central Ohio

Program funded by FTA grant and COTA unifies traffic and transit data using artificial intelligence to better serve customers across 13 counties COLUMBIA, MD / ACCESSWIRE / October 4, 2022 / Rekor Syste...

2 months ago - Accesswire

Rekor Achieves AWS Smart City Competency

Rekor Continues to Raise the Bar for the Industry in Roadway Intelligence and Digital Infrastructure Technology and Expertise - Achieving the Highest Levels of Recognition and Accreditation COLUMBIA, MD...

2 months ago - Accesswire

Rekor Announces Rekor Partner Network to Accelerate Safer, Smarter, Greener Roadways

Blyncsy, HAAS Alert, Mobileye and PredictHQ Join the Rekor Partner Network. COLUMBIA, MD / ACCESSWIRE / September 21, 2022 / Rekor Systems, Inc., (NASDAQ:REKR) ("Rekor"), a global AI technology company ...

2 months ago - Accesswire

Rekor Unveils Breakthrough AI-based Traffic Analytics System for Faster, Smarter, and Safer Traffic Studies

Rekor Showcases Transformational Safer Approach to Roadway Traffic Studies at ITS World Congress 2022 COLUMBIA, MD / ACCESSWIRE / September 19, 2022 / Rekor Systems, Inc, (NASDAQ:REKR) ("Rekor" or the "...

2 months ago - Accesswire

Rekor President David Desharnais to Discuss Rekor's Technology and Digital Infrastructure at ITS World Congress

COLUMBIA, MD / ACCESSWIRE / September 13, 2022 / Rekor Systems, Inc, (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide data-driven insights that build sa...

2 months ago - Accesswire

Rekor Announces Parking Contract with Augusta University Health

COLUMBIA, MD / ACCESSWIRE / August 31, 2022 / Rekor Systems, Inc, (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide data-driven insights that build safer...

3 months ago - Accesswire

Texas Department of Transportation Standardizes on Rekor Systems' Cloud-based AI-driven Roadway Intelligence Platform

Rekor Solutions to Help Texas Improve Traffic Congestion and Roadway Safety COLUMBIA, MD / ACCESSWIRE / August 30, 2022 / Rekor Systems, Inc, (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI techno...

3 months ago - Accesswire

Rekor Systems Inc. Reports Second Quarter 2022 Financial Results

Highlights: Company completed the acquisition of Southern Traffic Services ("STS"), a traffic engineering firm specializing in traffic data collection Recurring revenue increased to 48% of total revenue...

3 months ago - Accesswire

Rekor Systems to Present at Investor Summit Group's Q3 Virtual Conference

COLUMBIA, MD / ACCESSWIRE / August 1, 2022 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide insights that build safer, smarter, an...

4 months ago - Accesswire

Rekor Systems to Announce Second Quarter Fiscal 2022 Results

COLUMBIA, MD / ACCESSWIRE / July 28, 2022 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide insights that build safer, smarter, and...

4 months ago - Accesswire

Rekor Systems Awarded Contract by Florida Department of Transportation (FDOT)

Five-year multimillion dollar award represents first of its kind contract for safety driven, non-motorized roadway data in the State Contract utilizes Rekor's technology to detect bicycles and pedestria...

4 months ago - Accesswire

Rekor Systems to Host Special Investor Conference Call on Thursday July 14, 2022

Company To Discuss Recent Acquisition of Southern Traffic Services COLUMBIA, MD / ACCESSWIRE / July 11, 2022 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology compan...

4 months ago - Accesswire

Rekor Systems Completes Acquisition of Southern Traffic Services (STS)

Combined company now offers the broadest set of AI- and data-driven solutions for urban mobility, traffic management and public safety Acquisition expands Rekor's geographic footprint and public sector ...

5 months ago - Accesswire

Rekor Systems Platform Selected by Israel National Infrastructure Company for AI-driven Intelligent Infrastructure on...

Rekor One Traffic Management Solution Serves as Real-time Intelligence Foundation for Netivei Israel to Improve Highway Safety, Congestion, and Cross-agency Collaboration COLUMBIA, MD / ACCESSWIRE / Jun...

5 months ago - Accesswire

Missouri DOT Selects Rekor Systems' Advanced AI-Driven Solutions to Improve Highway Congestion and Reduce Traffic Fat...

Rekor's unique ability to combine real-time roadside sensor data with Connected Vehicle ("CV") data provides "first-of-its-kind" data insights to support safer roadways COLUMBIA, MD / ACCESSWIRE / June ...

5 months ago - Accesswire

Rekor Systems to Present at Cantor Fitzgerald Technology ESG Conference, June 27-29, 2022, in Palo Alto, CA

COLUMBIA, MD / ACCESSWIRE / June 7, 2022 / Rekor Systems, Inc , (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide data-driven insights that build safer, ...

5 months ago - Accesswire

Rekor Systems, Inc. Reports First Quarter 2022 Financial Results; Announces Intent to Acquire Southern Traffic Servic...

Highlights: Company announces Intent to acquire Southern Traffic Services (STS), a traffic engineering firm specializing in traffic data collection Recurring revenue increased 96% to $1.7 million for th...

6 months ago - Accesswire

Rekor Systems to Acquire Southern Traffic Services (STS)

Acquisition will expand Rekor's geographic footprint by adding more than 60,000 lanes of additional coverage over hundreds of thousands of square miles throughout the United States COLUMBIA, MD / ACCESS...

6 months ago - Accesswire

Rekor Systems Intelligent Infrastructure Solutions Selected for AWS Partner Network and Public Sector Partner Program

Rekor Transportation Management Platform Certified by AWS as "Well-Architected" to improve traffic and incident management , increase public safety and security, and optimize urban mobility COLUMBIA, MD...

7 months ago - Accesswire

Rekor Systems to Announce First Quarter 2022 Financial Results

Revenue for the first quarter 2022 to exceed $3.4 million, which shows continued growth since the Company changed its business model Company will host earnings call on Monday, May 16, 2022 COLUMBIA, MD ...

7 months ago - Accesswire

Rekor Systems, Inc. Reports 2021 Financial Results

Highlights: 2021 gross revenue increased 55% to $14.3 million as compared to $9.2 million in 2020 Raised $70.1 million in net cash proceeds during February 2021 with a public offering Acquired Waycare i...

8 months ago - Accesswire

7 Artificial Intelligence Stocks Under $10 for Your Watch List

These cheap AI stocks are trading at under $10 and could potentially provide multi-bagger returns in the coming years The post 7 Artificial Intelligence Stocks Under $10 for Your Watch List appeared fir...

8 months ago - InvestorPlace

Rekor Systems to Announce 2021 Financial Results

Revenue for the year ended 2021 was above $14.0 million, compared to $9.2 million in the same period last year, a robust increase of more than 50% Company will host earnings call on Thursday, March 31, ...

8 months ago - Accesswire