Rekor Systems, Inc. (REKR) has been a topic of interest on Reddit forums, with users discussing its financial outlook and potential for growth in 2025. Despite the absence of specific news driving today's stock movement, Redditors are optimistic about Rekor's future, citing its leadership in AI-driven solutions for traffic management and public safety. The company has strategic partnerships, such as with SoundThinking Inc., and is involved with state governments like Florida and Texas, which some users believe could lead to significant growth opportunities.
However, discussions also highlight challenges Rekor faces, including high operating costs and a substantial debt burden. One user noted, "Debt and financials seem abysmal, but their involvement with various states is legit, particularly Florida and Texas." Another user expressed a bullish sentiment, stating, "I’m bullish on REKR, very cheap and undervalued right now." Despite these challenges, some users remain hopeful about the company's potential, with one predicting, "I think we will see REKR at $5 by the end of January."
The current price of Rekor Systems, Inc. (REKR) is $1.78, reflecting a 2.3% increase from the previous close of $1.74.