Q3 EPS Estimates for Rekor Systems Raised by Analyst

Rekor Systems, Inc. (NASDAQ:REKR) – Equities researchers at Northland Securities increased their Q3 2027 EPS estimates for shares of Rekor Systems in a research report issued on Friday, August 14th. Northland Securities analyst M. Latimore now expects that the company will post earnings of $0.00 per share for the quarter, up from their previous forecast 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’ Q4 2027 earnings at $0.00 EPS.

A number of other research firms have also commented on REKR. Weiss Ratings lowered Rekor Systems from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Monday, August 17th. Wall Street Zen raised Rekor Systems from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has an average rating of “Sell”.

Rekor Systems Trading Down 4.0%

NASDAQ:REKR opened at $0.58 on Monday. Rekor Systems has a 1 year low of $0.55 and a 1 year high of $3.42. The stock has a market cap of $80.30 million, a price-to-earnings ratio of -3.65 and a beta of 1.86. The stock has a 50-day moving average price of $0.65 and a two-hundred day moving average price of $0.77.

Rekor Systems (NASDAQ:REKR) last released its quarterly earnings data on Thursday, August 13th. The company reported ($0.00) EPS for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.03. The business had revenue of $12.66 million during the quarter, compared to analysts’ expectations of $12.61 million. Rekor Systems had a negative net margin of 43.84% and a negative return on equity of 59.05%.

Institutional Trading of Rekor Systems

Several hedge funds and other institutional investors have recently modified their holdings of the company. Corient Private Wealth LP acquired a new position in shares of Rekor Systems during the second quarter worth about $31,000. Centiva Capital LP bought a new stake in Rekor Systems in the 3rd quarter valued at approximately $34,000. International Assets Investment Management LLC acquired a new position in Rekor Systems during the 4th quarter worth approximately $35,000. NewEdge Advisors LLC grew its stake in shares of Rekor Systems by 74.6% during the 2nd quarter. NewEdge Advisors LLC now owns 32,055 shares of the company’s stock worth $37,000 after acquiring an additional 13,700 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd raised its holdings in shares of Rekor Systems by 845.5% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 33,263 shares of the company’s stock valued at $46,000 after purchasing an additional 29,745 shares during the last quarter. Institutional investors and hedge funds own 45.71% of the company’s stock.

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.