Investor Insights

This summary was created by AI, based on 2 opinions in the last 12 months.

Despite a recent 60% decline due to the need for fundraising and a delayed Florida contract, experts are still optimistic about Rekor Systems due to its AI technology and potential for growth. The company's AI-driven camera is being recognized for helping cities manage traffic and their annual revenue growth of 35% is promising. With a potential for winning more contracts from cities, Rekor Systems announced a bond offering to expand their business and the analysts' price target is at $4.50.

Consensus
Optimistic
Valuation
Undervalued
PAST TOP PICK
Rekor Systems
(A Top Pick Jan 02/24, Down 60%)

Needed to raise money, and market didn't like that. Florida contract was delayed. Still really likes it. AI technology. 

Technology
TOP PICK
Rekor Systems
no price target

Their AI-driven camera helps cities manage traffic. Are growing revenues 35% annually. Announced a bond offering to expand their business. They could win more contracts from cities. Are paid on a SAAS basis.

(Analysts’ price target is $4.50)
Technology
TOP PICK
Rekor Systems

AI-assisted counting of cars for municipalities, which can help with traffic flow. Expects a numbers of new states to sign pending Requests for Proposal. On the cusp of where it can really take off. No dividend.

(Analysts’ price target is $4.25)
Technology
TOP PICK
Rekor Systems

Uses A.I. technology for infrastructure support (traffic flow data etc.).
Believes strong demand for product. 
Strong management team.
Growing business unit through strong r & d.
Volatile stock for high growth investors. 

Technology
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Rekor Systems (REKR-Q) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Rekor Systems is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Rekor Systems (REKR-Q) Frequently Asked Questions

What is Rekor Systems stock symbol?

Rekor Systems is a American stock, trading under the symbol REKR-Q on the NASDAQ (REKR). It is usually referred to as NASDAQ:REKR or REKR-Q

Is Rekor Systems a buy or a sell?

In the last year, 1 stock analyst published opinions about REKR-Q. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Rekor Systems .

Is Rekor Systems a good investment or a top pick?

Rekor Systems was recommended as a Top Pick by on . Read the latest stock experts ratings for Rekor Systems .

Why is Rekor Systems stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Rekor Systems worth watching?

1 stock analyst on Stockchase covered Rekor Systems In the last year. It is a trending stock that is worth watching.

What is Rekor Systems stock price?

On 2024-12-12, Rekor Systems (REKR-Q) stock closed at a price of $0.84.