
Rekor Systems, Inc. (NASDAQ:REKR – Free Report) – Equities research analysts at Northland Securities cut their Q4 2026 EPS estimates for shares of Rekor Systems in a research report issued to clients and investors on Thursday, July 16th. Northland Securities analyst M. Latimore now expects that the company will post earnings of ($0.02) per share for the quarter, down from their previous estimate of ($0.01). The consensus estimate for Rekor Systems’ current full-year earnings is ($0.13) per share. Northland Securities also issued estimates for Rekor Systems’ Q1 2027 earnings at ($0.02) EPS.
Rekor Systems (NASDAQ:REKR – Get Free Report) last released its earnings results on Monday, May 11th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.03). Rekor Systems had a negative net margin of 60.48% and a negative return on equity of 80.28%. The firm had revenue of $10.26 million during the quarter, compared to analysts’ expectations of $12.32 million.
Check Out Our Latest Analysis on Rekor Systems
Rekor Systems Price Performance
Shares of NASDAQ REKR opened at $0.57 on Monday. The company has a 50-day simple moving average of $0.72 and a 200-day simple moving average of $0.91. The company has a market cap of $77.94 million, a PE ratio of -2.46 and a beta of 1.83. Rekor Systems has a 12 month low of $0.55 and a 12 month high of $3.42.
Institutional Trading of Rekor Systems
A number of hedge funds have recently added to or reduced their stakes in the business. Prescott Group Capital Management L.L.C. purchased a new stake in Rekor Systems in the 4th quarter valued at about $2,934,000. International Assets Investment Management LLC purchased a new position in shares of Rekor Systems during the 4th quarter worth about $35,000. Centiva Capital LP purchased a new position in shares of Rekor Systems during the 3rd quarter worth about $34,000. Bank of America Corp DE lifted its holdings in shares of Rekor Systems by 513.9% during the 3rd quarter. Bank of America Corp DE now owns 30,728 shares of the company’s stock worth $48,000 after acquiring an additional 25,723 shares during the period. Finally, Squarepoint Ops LLC acquired a new stake in shares of Rekor Systems in the third quarter worth approximately $62,000. 45.71% of the stock is owned by institutional investors and hedge funds.
About Rekor Systems
Rekor Systems, Inc is a U.S.-based technology company specializing in real-time vehicle recognition solutions powered by artificial intelligence and machine learning. The company develops software and hardware systems that capture, analyze and store vehicle data—such as license plate images, make and model, color and vehicle characteristics—by leveraging advanced computer vision algorithms. Rekor’s platforms enable public safety agencies, transportation departments and private enterprises to automate vehicle identification, enhance situational awareness and improve operational efficiency.
The company’s flagship offering is a suite of intelligent camera and analytics products that include built-in license plate recognition (LPR) and vehicle attribute classification.
Read More
- Five stocks we like better than Rekor Systems
- Strait of Hormuz Tensions Spike Tanker Trade: These 2 Stocks Are Set to Benefit
- Shopify’s Quiet AI Strategy Could Be Its Biggest Advantage Yet
- Why These 3 Nuclear ETFs Are Getting a Fresh Look as AI Power Demand Rises
- 3 Aerospace Suppliers That Could Benefit as Aircraft Makers Face Bottlenecks
Receive News & Ratings for Rekor Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rekor Systems and related companies with MarketBeat.com's FREE daily email newsletter.
