Rekor Systems, Inc. (REKR)
NASDAQ: REKR · IEX Real-Time Price · USD
1.680
-0.150 (-8.20%)
At close: Jul 19, 2024, 4:00 PM
1.790
+0.110 (6.55%)
Pre-market: Jul 22, 2024, 4:09 AM EDT
Rekor Systems Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Rekor Systems stock has a target of 4.00, which predicts an increase of 138.10% from the current stock price of 1.68.
Analyst Consensus: Strong Buy
* Price targets were last updated on Aug 15, 2023.
Analyst Ratings
The average analyst rating for Rekor Systems stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| William Blair | William Blair | Buy Initiates n/a | Buy | Initiates | n/a | n/a | Mar 4, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $3.75 → $4 | Strong Buy | Maintains | $3.75 → $4 | +138.10% | Aug 15, 2023 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $4 → $3 | Strong Buy | Maintains | $4 → $3 | +78.57% | Mar 28, 2023 |
Financial Forecast
Revenue This Year
57.06M
from 34.93M
Increased by 63.33%
Revenue Next Year
88.16M
from 57.06M
Increased by 54.51%
EPS This Year
-0.54
from -0.72
EPS Next Year
-0.21
from -0.54
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 64.9M | 93.0M |
| Avg | 57.1M | 88.2M |
| Low | 49.1M | 82.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 85.8% | 62.9% |
| Avg | 63.3% | 54.5% |
| Low | 40.5% | 44.8% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.46 | -0.16 |
| Avg | -0.54 | -0.21 |
| Low | -0.60 | -0.25 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.