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Rekor Systems (REKR-Q)
NASDAQ:REKR
2.18
0.26
(13.54%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
This summary was created by AI, based on 1 opinions in the last 12 months.
Rekor Systems (REKR-Q) has recently faced challenges, including a significant decline of 60% in its share price after the market reacted negatively to the company's need to raise capital. Furthermore, a anticipated contract in Florida has experienced delays, raising additional concerns regarding the company's immediate prospects. Despite these setbacks, there remains a strong belief in Rekor's advanced AI technology and its long-term potential. Analysts continue to view the company favorably, suggesting that while short-term performance is troubling, the underlying technology and business model have potential for significant growth. The consensus is that Rekor Systems is a top pick, indicating confidence in its future despite current obstacles.
$1.250
Owned
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.
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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
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 2025-02-18, Rekor Systems (REKR-Q) stock closed at a price of $2.18.
Needed to raise money, and market didn't like that. Florida contract was delayed. Still really likes it. AI technology.