Rekor Systems, Inc. (REKR)
| Market Cap | 230.26M |
| Revenue (ttm) | 28.42M |
| Net Income (ttm) | -41.19M |
| Shares Out | 69.15M |
| EPS (ttm) | -0.66 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,039,480 |
| Open | 3.29 |
| Previous Close | 3.26 |
| Day's Range | 3.27 - 3.50 |
| 52-Week Range | 1.00 - 4.15 |
| Beta | 2.06 |
| Analysts | Strong Buy |
| Price Target | 4.00 (+20.12%) |
| Earnings Date | Nov 14, 2023 |
About REKR
Rekor Systems, Inc., a technology company, provides intelligent infrastructure solutions for transportation management, public safety, and urban mobility markets in the United States, Canada, and internationally. It leverages AI, machine learning, and holistic data to support the intelligent infrastructure for smart mobility. The company's platforms include Rekor One, an AI-powered roadway intelligence platform; Rekor Command, a comprehensive cross-agency platform that provides various applications for traffic management centers, freeway servic... [Read more]
Financial Performance
In 2022, Rekor Systems's revenue was $19.92 million, an increase of 72.10% compared to the previous year's $11.58 million. Losses were -$83.12 million, 210.3% more than in 2021.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for REKR stock is "Strong Buy" and the 12-month stock price forecast is $4.0.
News
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) (...
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 ...
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...
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...
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...
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...
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...
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 Best Artificial Intelligence Stocks Under $10
Looking for the best AI stocks to buy now? You might have to get in line — artificial intelligence is one of 2023's hottest market trends, and several companies in the industry have already seen massi...
AI Could Become A Trillion Dollar Industry In The Next 5 Years – Rekor Systems Q2 Financial Results Seem To Highlight The Booming Industry's Growth
COLUMBIA, MD / ACCESSWIRE / August 18, 2023 / The lucrativeness of the AI industry has surpassed expectations, providing a much-needed boost for the tech industry. The tech industry was experiencing a...
Rekor Systems, Inc. Reports Record Second Quarter 2023 Financial Results
Company Continues Momentum with Consecutive Quarter-over-Quarter Revenue Growth, Solidifying Its Unique Position in the AI Sector Highlights: Q2 2023 gross revenue increased 132% to $8.6 million as co...
New Rekor Discover(TM) Vehicle Insite Application Unlocks Unprecedented Customer Insights and Growth for Brick-and-Mortar Businesses
Cutting-edge AI software delivers in-depth on-property vehicle intelligence - transforming how businesses can better attract, engage, and serve customers COLUMBIA, MD / ACCESSWIRE / August 10, 2023 / ...
Rekor's Multifaceted AI Sniffs Out Notorious Drug Trafficker - Same Tech Holds Potential for Monitoring Traffic Flow, Emissions, Uninsured Vehicles, Weight And Volume On Roadway
COLUMBIA, MD / ACCESSWIRE / August 8, 2023 / Rekor Systems (NASDAQ:REKR) appeared on a Fox Business News segment discussing the company's involvement in policing activities. The company is a leading i...
Rekor Systems and Tel Aviv University LAMBDA Partner to Push the Frontiers of AI-based Roadway Intelligence
Strategic academic collaboration integrates Tel Aviv University into the Rekor Partner Network, strengthening the global ecosystem of technology and solution providers revolutionizing roadway intellig...
Rekor Systems Announces Nomination of Professor Sanjay Sarma and Tim Davenport As New Board Directors
Distinguished nominees will bring important subject matter and analytical expertise in urban mobility and finance to the Board COLUMBIA, MD / ACCESSWIRE / July 27, 2023 / Rekor Systems, Inc. (NASDAQ:R...
Rekor Systems Moves Up Date for Second Quarter 2023 Financial Results Announcement, Now Scheduled for August 14, 2023, After Market Close
COLUMBIA, MD / ACCESSWIRE / July 25, 2023 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a trusted global authority in developing and delivering roadway intelligence using state-of-th...
Rekor Systems and AWS Industry Report Unlocks The True Potential For US Transportation
COLUMBIA, MD / ACCESSWIRE / July 21, 2023 / The need for reform in the US transportation system is becoming more and more evident. While the Department of Transportation (DOT) has traditionally emphas...
Rekor Systems Anticipates Over 110% Growth In Q2 2023 Revenue, Surpassing Projections As The Company Gears Up For More Growth
COLUMBIA, MD / ACCESSWIRE / July 19, 2023 / Rekor Systems (NASDAQ:REKR), a leading company in the field of advanced technology solutions, announced that it expects to report remarkable growth in its r...
Rekor Systems To Deliver Record Q2 2023 Revenue of Over $8.0 Million, Marking Exceptional Growth of More Than 110% vs. Q2 2022 and An Increase in Excess of 30% vs.
Company will announce the full financial results for the second quarter of 2023 on Tuesday, August 15, 2023, after market close COLUMBIA, MD / ACCESSWIRE / July 17, 2023 / Rekor Systems, Inc. (NASDAQ:...
Rekor's Multi-mission AI Technology Revolutionizes Roadway Safety, Reducing Uninsured Motorist Incidents and Bias in Traffic Enforcement
COLUMBIA, MD / ACCESSWIRE / July 13, 2023 / Rekor Systems (NASDAQ:REKR), an innovator in roadway intelligence, is redefining transportation safety norms with a trailblazing application of Artificial I...
Rekor's Network Of Partners Could Position It In A Central Role In The Development Of U.S. Infrastructure
COLUMBIA, MD / ACCESSWIRE / June 27, 2023 / - Technology company Rekor (NASDAQ:REKR) is changing the landscape of traffic data collection and analysis. Rekor collects and connects mobility data to del...
A Rapidly Growing Shift From Analog Methods To Predictive Roadway Analytics - How One Company is Breaking Ground in AI-Based Predictive Traffic Analytics
COLUMBIA, MD / ACCESSWIRE / June 21, 2023 / Traffic management center personnel are burdened with monitoring multiple feeds and data sources, which can be overwhelming. These centers rely heavily on h...
Rekor's (NASDAQ:REKR) Unobtrusive AI Solutions For Roadways Is Changing How States and Cities Analyze and Report TrafficData
COLUMBIA, MD / ACCESSWIRE / June 14, 2023 / Traffic data is a valuable resource often overlooked but can potentially benefit transportation systems significantly. By collecting and analyzing traffic d...
US Road Conditions Are Reportedly Contributing To Fatalities Across The Country - Here's How This AI-Driven Solution Looks To Help
COLUMBIA, MD / ACCESSWIRE / June 6, 2023 / - United States roadways are reportedly in a state of disarray, especially when compared to other modern countries. According to the American Society of Civi...
Rekor Discover Is A Highly Scalable AI-Driven Software That Can Transform Federally Required Traffic Data Collection
COLUMBIA, MD / ACCESSWIRE / June 1, 2023 / The use of outdated traffic data collection methods is a growing concern in the transportation industry. The reliance on pneumatic rubber tubes and metal sen...