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REKR
Upturn stock ratingUpturn stock rating

Rekor Systems Inc (REKR)

Upturn stock ratingUpturn stock rating
$1.16
Last Close (24-hour delay)
Profit since last BUY1.75%
upturn advisory
WEAK BUY
BUY since 23 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

06/30/2025: REKR (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

2 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $4

1 Year Target Price $4

Analysts Price Target For last 52 week
$4Target price
Low$0.62
Current$1.16
high$2.67

Analysis of Past Performance

Type Stock
Historic Profit -13.94%
Avg. Invested days 24
Today’s Advisory WEAK BUY
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/30/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 136.97M USD
Price to earnings Ratio -
1Y Target Price 4
Price to earnings Ratio -
1Y Target Price 4
Volume (30-day avg) 2
Beta 2.26
52 Weeks Range 0.62 - 2.67
Updated Date 07/1/2025
52 Weeks Range 0.62 - 2.67
Updated Date 07/1/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.57

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -118.09%
Operating Margin (TTM) -110.23%

Management Effectiveness

Return on Assets (TTM) -27.27%
Return on Equity (TTM) -121.54%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 164848854
Price to Sales(TTM) 3.01
Enterprise Value 164848854
Price to Sales(TTM) 3.01
Enterprise Value to Revenue 3.63
Enterprise Value to EBITDA -5.79
Shares Outstanding 118076000
Shares Floating 103830143
Shares Outstanding 118076000
Shares Floating 103830143
Percent Insiders 5.1
Percent Institutions 41.13

Analyst Ratings

Rating 1
Target Price 4
Buy -
Strong Buy 2
Buy -
Strong Buy 2
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Rekor Systems Inc

stock logo

Company Overview

overview logo History and Background

Rekor Systems, Inc. was founded in 2017. It focuses on developing and deploying vehicle recognition technology and data analytics solutions. It has grown through acquisitions and organic development, expanding its product offerings and market reach.

business area logo Core Business Areas

  • Automatic License Plate Recognition (ALPR): Provides ALPR solutions for law enforcement, parking management, and tolling applications. This includes both fixed and mobile ALPR systems.
  • Vehicle Recognition and Analytics: Offers software and analytics platforms that identify vehicles based on various characteristics (make, model, color) beyond license plates, providing insights for various industries.
  • Rekor Oneu2122: An AI-powered platform that offers real-time actionable insights to improve public safety, increase operational efficiency, and enhance revenue for a diverse group of public and private clients.

leadership logo Leadership and Structure

Robert Berman is the CEO. The company has a board of directors and a management team responsible for various functional areas such as sales, marketing, product development, and finance.

Top Products and Market Share

overview logo Key Offerings

  • OpenALPRu00ae: A software library for performing automatic license plate recognition. The market share data isn't readily available as it's open-source. Competitors include Genetec AutoVu, PlateSmart Technologies, and Vaxtor Technologies.
  • Rekor Edge Series: Hardware devices for ALPR and vehicle recognition. Market share data is not publicly available. Competitors include Genetec AutoVu, PlateSmart Technologies, and Vaxtor Technologies.
  • Rekor Watch: A platform to improve public safety by providing real-time actionable insights. Market share data is not publicly available. Competitors include Motorola Solutions, Axon Enterprise, and Palantir Technologies.

Market Dynamics

industry overview logo Industry Overview

The intelligent transportation systems (ITS) market is growing, driven by increased urbanization, traffic congestion, and demand for enhanced security and safety solutions. Government regulations and technological advancements are also fueling growth.

Positioning

Rekor Systems Inc. positions itself as a provider of comprehensive vehicle recognition and data analytics solutions. Its competitive advantage lies in its AI-powered platform and its ability to offer real-time actionable insights.

Total Addressable Market (TAM)

The Global Intelligent Transportation System (ITS) market size was valued at USD 36.5 billion in 2023 and is expected to reach USD 63.4 billion by 2030. Rekor is positioned to capture a portion of this market through its ALPR and vehicle recognition solutions.

Upturn SWOT Analysis

Strengths

  • AI-Powered Technology
  • Comprehensive Product Portfolio
  • Strong Customer Base
  • Scalable Platform
  • Proprietary Technology

Weaknesses

  • Limited Market Share compared to larger competitors
  • Dependence on Government Contracts
  • Negative Earnings
  • Customer Concentration (a few large customers account for a significant portion of revenue)

Opportunities

  • Expansion into New Geographies
  • Increased Adoption of ITS Solutions
  • Partnerships with Technology Providers
  • Development of New Applications
  • Growth in Smart City Initiatives

Threats

  • Intense Competition
  • Technological Changes
  • Economic Downturns
  • Regulatory Changes
  • Privacy Concerns

Competitors and Market Share

competitor logo Key Competitors

  • MSFT
  • GOOG
  • IBM

Competitive Landscape

Rekor faces intense competition from established players with larger resources and broader product portfolios. Rekor's advantage lies in its specialized expertise in vehicle recognition and AI-powered platform.

Major Acquisitions

OpenALPR

  • Year: 2019
  • Acquisition Price (USD millions): 3.5
  • Strategic Rationale: To integrate open-source ALPR capabilities and expand its technology base.

Growth Trajectory and Initiatives

Historical Growth: Growth has been driven by increased adoption of ALPR and vehicle recognition technologies, as well as acquisitions.

Future Projections: Future growth is projected to be driven by increased adoption of ITS solutions, expansion into new markets, and partnerships.

Recent Initiatives: Recent initiatives include the launch of new products and services, expansion into new markets, and partnerships with technology providers.

Summary

Rekor Systems is a developing company in the ITS space, specializing in AI-powered vehicle recognition. Their strengths lie in proprietary tech and comprehensive products. Their challenges include competition from larger companies and negative earnings. Growth will be achieved through market expansion and strategic initiatives. The company should prioritize establishing a stronger market presence and improving its financial stability.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Website
  • SEC Filings
  • Industry Reports
  • Market Research Reports

Disclaimers:

This analysis is based on publicly available information and is not financial advice. Market conditions and company performance can change rapidly.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Rekor Systems Inc

Exchange NASDAQ
Headquaters Columbia, MD, United States
IPO Launch date 2017-08-29
Founder, Interim CEO & Executive Chairman Mr. Robert Alan Berman
Sector Technology
Industry Software - Infrastructure
Full time employees 319
Full time employees 319

Rekor Systems, Inc. provides infrastructure solutions for public safety, urban mobility, and transportation management markets in the United States and internationally. The company offers Rekor One, a roadway intelligence engine; Rekor Command for transportation management; Rekor Discover for urban mobility; Rekor Scout for public safety; Rekor AutoNotice, cloud-based financial management application for contactless compliance; and Rekor CarCheck, an artificial intelligence (AI) based vehicle and license plate recognition technology. It also provides Rekor Edge Max, a fixed traffic data collection system that captures and transforms roadway data into holistic traffic insights; Rekor Edge Pro, a vehicle recognition solution that is used on a standalone basis or integrated into a network; and Rekor Edge Flex, a portable data collection system. In addition, the company provides traffic services, including traditional traffic studies for permanent and temporary traffic analytics projects; AI-driven traffic studies for traffic management; and traffic engineering services. Rekor Systems, Inc. was incorporated in 2017 and is headquartered in Columbia, Maryland.