This summary was created by AI, based on 3 opinions in the last 12 months.
Rekor Systems, Inc. is a company that provides AI-driven camera technology to help cities manage traffic more effectively. The company is experiencing strong revenue growth, with a 35% annual increase. They have announced a bond offering to support further expansion, and analysts believe they could win more contracts from cities. The company is paid on a SAAS basis and is on the cusp of seeing significant growth in their business. Overall, Rekor Systems is positioned for potential success in the smart traffic management industry.
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)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)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.
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
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 .
Rekor Systems was recommended as a Top Pick by on . Read the latest stock experts ratings for Rekor Systems .
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.
1 stock analyst on Stockchase covered Rekor Systems In the last year. It is a trending stock that is worth watching.
On 2024-10-04, Rekor Systems (REKR-Q) stock closed at a price of $1.05.
Needed to raise money, and market didn't like that. Florida contract was delayed. Still really likes it. AI technology.