Rekor Systems, Inc. (REKR)
NASDAQ: REKR · IEX Real-Time Price · USD
1.915
-0.025 (-1.29%)
Apr 16, 2024, 11:42 AM EDT - Market open
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 108.88% from the current stock price of 1.92.
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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 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 | +108.88% | Aug 15, 2023 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $4 → $3 | Strong Buy | Maintains | $4 → $3 | +56.66% | Mar 28, 2023 |
Financial Forecast
Revenue This Year
67.39M
from 34.93M
Increased by 92.92%
Revenue Next Year
90.52M
from 67.39M
Increased by 34.31%
EPS This Year
-0.29
from -0.72
EPS Next Year
-0.18
from -0.29
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 70.0M | 93.7M |
| Avg | 67.4M | 90.5M |
| Low | 64.2M | 86.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 100.3% | 39.1% |
| Avg | 92.9% | 34.3% |
| Low | 83.8% | 28.3% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.27 | -0.18 |
| Avg | -0.29 | -0.18 |
| Low | -0.30 | -0.19 |
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.