(REKR) Rekor Systems - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US7594191048

Stock: Command, Discover, Scout, Edge Series

Total Rating 15
Risk 34
Buy Signal -0.84

EPS (Earnings per Share)

EPS (Earnings per Share) of REKR over the last years for every Quarter: "2020-12": -0.11, "2021-03": -0.15, "2021-06": -0.12, "2021-09": -0.23, "2021-12": -0.13, "2022-03": -0.29, "2022-06": -0.33, "2022-09": -0.9, "2022-12": -0.13, "2023-03": -0.23, "2023-06": -0.18, "2023-09": -0.16, "2023-12": -0.16, "2024-03": -0.23, "2024-06": -0.12, "2024-09": -0.1485, "2024-12": -0.22, "2025-03": -0.2217, "2025-06": -0.07, "2025-09": -0.0284, "2025-12": 0,

Revenue

Revenue of REKR over the last years for every Quarter: 2020-12: 2.835, 2021-03: 4.216, 2021-06: 4.274, 2021-09: 2.615, 2021-12: 3.189, 2022-03: 2.975, 2022-06: 3.698, 2022-09: 6.778, 2022-12: 6.465, 2023-03: 6.185, 2023-06: 8.563, 2023-09: 9.119, 2023-12: 11.066, 2024-03: 9.778, 2024-06: 12.427, 2024-09: 10.546, 2024-12: 13.277, 2025-03: 9.198, 2025-06: 12.359, 2025-09: 14.194, 2025-12: null,
Risk 5d forecast
Volatility 79.8%
Relative Tail Risk -7.27%
Reward TTM
Sharpe Ratio -0.57
Alpha -93.75
Character TTM
Beta 2.200
Beta Downside 2.078
Drawdowns 3y
Max DD 83.26%
CAGR/Max DD -0.24

Description: REKR Rekor Systems January 18, 2026

Rekor Systems, Inc. (NASDAQ: REKR) delivers a portfolio of hardware and software solutions that capture, analyze, and act on roadway and vehicle data for public-safety, urban-mobility, and transportation-management customers across the United States and select international markets.

The core offerings include the Rekor One intelligence engine, Rekor Command traffic-management platform, Rekor Discover mobility analytics, Rekor Scout public-safety tools, and AI-driven vehicle/license-plate recognition products such as Rekor CarCheck and the Edge family (Max, Pro, Flex) that span fixed, standalone, and portable deployments.

Key market signals that could influence REKR’s growth trajectory: (1) the intelligent transportation systems (ITS) market is projected to expand at a ~9% CAGR through 2030, driven by federal infrastructure spending and state-level smart-city initiatives; (2) REKR reported Q4 2023 revenue of $12.4 million, up 28% YoY, with a 62% gross margin, indicating improving pricing power and cost efficiencies; (3) recent contracts with two major metropolitan police departments and a pilot with a regional DOT suggest expanding adoption, though the company’s reliance on a limited number of large contracts adds concentration risk.

For a deeper, data-driven assessment of REKR’s valuation assumptions, you may find ValueRay’s analytical framework useful.

Piotroski VR‑10 (Strict, 0-10) 2.5

Net Income: -44.0m TTM > 0 and > 6% of Revenue
FCF/TA: -0.35 > 0.02 and ΔFCF/TA -1.09 > 1.0
NWC/Revenue: 14.19% < 20% (prev -16.86%; Δ 31.06% < -1%)
CFO/TA -0.31 > 3% & CFO -25.5m > Net Income -44.0m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 1.45 > 1.5 & < 3
Outstanding Shares: last quarter (125.6m) vs 12m ago 40.72% < -2%
Gross Margin: 53.94% > 18% (prev 0.44%; Δ 5350 % > 0.5%)
Asset Turnover: 53.83% > 50% (prev 43.30%; Δ 10.53% > 0%)
Interest Coverage Ratio: -17.87 > 6 (EBITDA TTM -34.8m / Interest Expense TTM 2.35m)

Altman Z'' -15.00

A: 0.09 (Total Current Assets 22.5m - Total Current Liabilities 15.5m) / Total Assets 81.0m
B: -3.50 (Retained Earnings -283.8m / Total Assets 81.0m)
C: -0.46 (EBIT TTM -41.9m / Avg Total Assets 91.1m)
D: -6.38 (Book Value of Equity -283.8m / Total Liabilities 44.5m)
Altman-Z'' Score: -20.65 = D

Beneish M -2.91

DSRI: 1.59 (Receivables 12.6m/7.07m, Revenue 49.0m/43.8m)
GMI: 0.82 (GM 53.94% / 44.14%)
AQI: 0.90 (AQ_t 0.48 / AQ_t-1 0.53)
SGI: 1.12 (Revenue 49.0m / 43.8m)
TATA: -0.23 (NI -44.0m - CFO -25.5m) / TA 81.0m)
Beneish M-Score: -2.91 (Cap -4..+1) = A

What is the price of REKR shares?

As of February 08, 2026, the stock is trading at USD 0.94 with a total of 2,955,865 shares traded.
Over the past week, the price has changed by -15.32%, over one month by -39.35%, over three months by -56.48% and over the past year by -62.25%.

Is REKR a buy, sell or hold?

Rekor Systems has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy REKR.
  • StrongBuy: 2
  • Buy: 0
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the REKR price?

Issuer Target Up/Down from current
Wallstreet Target Price 4 325.5%
Analysts Target Price 4 325.5%
ValueRay Target Price 0.8 -16%

REKR Fundamental Data Overview February 02, 2026

P/S = 3.0826
P/B = 4.1238
Revenue TTM = 49.0m USD
EBIT TTM = -41.9m USD
EBITDA TTM = -34.8m USD
Long Term Debt = 14.9m USD (from longTermDebt, last quarter)
Short Term Debt = 3.08m USD (from shortTermDebt, last quarter)
Debt = 29.9m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 26.8m USD (from netDebt column, last quarter)
Enterprise Value = 177.9m USD (151.1m + Debt 29.9m - CCE 3.16m)
Interest Coverage Ratio = -17.87 (Ebit TTM -41.9m / Interest Expense TTM 2.35m)
EV/FCF = -6.27x (Enterprise Value 177.9m / FCF TTM -28.4m)
FCF Yield = -15.96% (FCF TTM -28.4m / Enterprise Value 177.9m)
FCF Margin = -57.90% (FCF TTM -28.4m / Revenue TTM 49.0m)
Net Margin = -89.82% (Net Income TTM -44.0m / Revenue TTM 49.0m)
Gross Margin = 53.94% ((Revenue TTM 49.0m - Cost of Revenue TTM 22.6m) / Revenue TTM)
Gross Margin QoQ = 63.40% (prev 49.47%)
Tobins Q-Ratio = 2.20 (Enterprise Value 177.9m / Total Assets 81.0m)
Interest Expense / Debt = 1.90% (Interest Expense 568.0k / Debt 29.9m)
Taxrate = 21.0% (US default 21%)
NOPAT = -33.1m (EBIT -41.9m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 1.45 (Total Current Assets 22.5m / Total Current Liabilities 15.5m)
Debt / Equity = 0.82 (Debt 29.9m / totalStockholderEquity, last quarter 36.5m)
Debt / EBITDA = -0.77 (negative EBITDA) (Net Debt 26.8m / EBITDA -34.8m)
Debt / FCF = -0.94 (negative FCF - burning cash) (Net Debt 26.8m / FCF TTM -28.4m)
Total Stockholder Equity = 34.8m (last 4 quarters mean from totalStockholderEquity)
RoA = -48.34% (Net Income -44.0m / Total Assets 81.0m)
RoE = -126.4% (Net Income TTM -44.0m / Total Stockholder Equity 34.8m)
RoCE = -84.30% (EBIT -41.9m / Capital Employed (Equity 34.8m + L.T.Debt 14.9m))
RoIC = -65.88% (negative operating profit) (NOPAT -33.1m / Invested Capital 50.3m)
WACC = 11.95% (E(151.1m)/V(181.0m) * Re(14.02%) + D(29.9m)/V(181.0m) * Rd(1.90%) * (1-Tc(0.21)))
Discount Rate = 14.02% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 34.77%
Fair Price DCF = unknown (Cash Flow -28.4m)
EPS Correlation: 60.35 | EPS CAGR: 10.67% | SUE: 0.50 | # QB: 0
Revenue Correlation: 86.83 | Revenue CAGR: 48.91% | SUE: 0.82 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.04 | Chg30d=+0.000 | Revisions Net=+1 | Analysts=1
EPS next Year (2026-12-31): EPS=-0.04 | Chg30d=+0.000 | Revisions Net=+1 | Growth EPS=+80.0% | Growth Revenue=+21.0%

Additional Sources for REKR Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle