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Gatekeeper Begins $27 Million Long Island Rail Road Project, Maps Out Revenue Timeline

Story Highlights
  • Gatekeeper has started its US$19.55 million Long Island Rail Road transit video project, its largest contract yet.
  • The company expects to recognize project revenue from 2026 to 2028, giving investors clearer growth visibility despite timing risks.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Gatekeeper Begins $27 Million Long Island Rail Road Project, Maps Out Revenue Timeline

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Gatekeeper Systems ( (TSE:GSI) ) has provided an update.

Gatekeeper Systems has begun work on its previously announced US$19.55 million (C$27 million) transit video project for New York’s Long Island Rail Road, its largest contract to date, and outlined an expected revenue recognition schedule through fiscal 2028. The company anticipates recognizing US$3.8 million in fiscal 2026, US$12.3 million in fiscal 2027 and US$3.4 million in fiscal 2028, offering investors increased visibility into its growth trajectory, although it cautions that actual revenue timing may shift due to auditor review and project delivery changes.

The most recent analyst rating on (TSE:GSI) stock is a Hold with a C$2.00 price target. To see the full list of analyst forecasts on Gatekeeper Systems stock, see the TSE:GSI Stock Forecast page.

Spark’s Take on TSE:GSI Stock

According to Spark, TipRanks’ AI Analyst, TSE:GSI is a Neutral.

The score is pressured primarily by the 2025 operational and cash flow downturn and weak technical momentum. A conservative, low-leverage balance sheet partially offsets these risks, but valuation support is limited given negative earnings and no dividend.

To see Spark’s full report on TSE:GSI stock, click here.

More about Gatekeeper Systems

Gatekeeper Systems Inc., listed on the TSX Venture Exchange and OTC markets, is a provider of video and data solutions aimed at improving safety in school buses, public transit and smart cities. The company serves more than 60 transit agencies and 3,500 school districts across North America, has deployed over 65,000 Mobile Data Collectors capturing video and operational data from more than 200,000 onboard devices, and is building a Platform-as-a-Service model that leverages AI-assisted video analytics for incident management and data-driven transportation operations.

Average Trading Volume: 293,669

Technical Sentiment Signal: Buy

Current Market Cap: C$197.6M

See more data about GSI stock on TipRanks’ Stock Analysis page.

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