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Rekor Systems announces resignations of two board directors

Story Highlights
  • On January 14, 2026, two Rekor Systems directors, Viraj Mehta and Tim Davenport, resigned from the Board.
  • Their resignations were effective immediately, involved no disagreements, and they held no committee roles.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Rekor Systems announces resignations of two board directors

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Rekor Systems ( (REKR) ) has shared an update.

On January 14, 2026, Rekor Systems, Inc. announced that board members Viraj Mehta and Tim Davenport resigned from the company’s Board of Directors, with both departures effective the same day and unrelated to any disagreements over the firm’s operations, policies, or practices. The company noted that neither Mehta nor Davenport sat on any board committees at the time of their resignations, suggesting a limited immediate impact on board governance structures and committee oversight for stakeholders to consider.

The most recent analyst rating on (REKR) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on Rekor Systems stock, see the REKR Stock Forecast page.

Spark’s Take on REKR Stock

According to Spark, TipRanks’ AI Analyst, REKR is a Neutral.

Rekor Systems’ overall score is driven by strong revenue growth and improved operational efficiency, as highlighted in the earnings call. However, significant profitability and cash flow challenges, along with a negative valuation, weigh down the score.

To see Spark’s full report on REKR stock, click here.

More about Rekor Systems

Average Trading Volume: 4,014,037

Technical Sentiment Signal: Sell

Current Market Cap: $215.6M

For detailed information about REKR stock, go to TipRanks’ Stock Analysis page.

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