Northland Securities Weighs in on Rekor Systems Q3 Earnings

Rekor Systems, Inc. (NASDAQ:REKR) – Analysts at Northland Securities raised their Q3 2027 EPS estimates for Rekor Systems in a research report issued to clients and investors on Friday, August 14th. Northland Securities analyst M. Latimore now anticipates 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 ($0.11) per share. Northland Securities also issued estimates for Rekor Systems’ Q4 2027 earnings at $0.00 EPS.

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

REKR has been the subject of a number of other research reports. Weiss Ratings cut Rekor Systems from a “sell (d-)” rating to a “sell (e+)” rating in a report on Monday, August 17th. Wall Street Zen upgraded Rekor Systems from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Rekor Systems Stock Performance

Shares of REKR opened at $0.58 on Monday. The firm has a market cap of $80.33 million, a P/E ratio of -3.65 and a beta of 1.86. Rekor Systems has a 52 week low of $0.55 and a 52 week high of $3.42. The firm’s 50-day simple moving average is $0.65 and its 200 day simple moving average is $0.77.

Hedge Funds Weigh In On Rekor Systems

Several institutional investors and hedge funds have recently modified their holdings of REKR. Prescott Group Capital Management L.L.C. acquired a new stake in Rekor Systems in the 4th quarter worth about $2,934,000. International Assets Investment Management LLC acquired a new position in shares of Rekor Systems during the 4th quarter worth approximately $35,000. Sanctuary Advisors LLC acquired a new position in shares of Rekor Systems during the 2nd quarter worth approximately $60,000. BlackRock Inc. bought a new position in shares of Rekor Systems during the second quarter worth approximately $1,198,000. Finally, Caitong International Asset Management Co. Ltd increased its holdings in shares of Rekor Systems by 845.5% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 33,263 shares of the company’s stock worth $46,000 after purchasing an additional 29,745 shares during the period. 45.71% of the stock is currently 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.