Rekor Systems Secures Major Contract with TxDOT

The latest announcement is out from Rekor Systems ( (REKR) ).

On June 3, 2025, Rekor Systems announced its selection by the Texas Department of Transportation (TxDOT) for a multi-year statewide contract to implement Rekor Command, an advanced incident management and situational awareness platform. This contract includes a significant purchase order allowing immediate deployment across all TxDOT districts, aiming to improve traffic operations, reduce congestion, and enhance roadway safety. The platform, which has already shown success in Texas, will now support additional features like the Traffic Impact Module and Work Zone API, further solidifying Rekor’s position as a key partner in modernizing Texas’s infrastructure.

The most recent analyst rating on (REKR) stock is a Buy with a $4.50 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’ score reflects its robust revenue growth overshadowed by persistent profitability issues and cash flow challenges. Technical analysis provides cautious optimism, but valuation concerns persist due to ongoing losses. The earnings call highlights some positive strategic shifts, yet declining revenue and execution challenges remain significant factors.

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

More about Rekor Systems

Rekor Systems, Inc. is a global leader in roadway intelligence technology, utilizing AI and machine learning to redefine infrastructure by transforming mobility data into actionable insights. Their solutions aim to enhance safety, efficiency, and environmental sustainability for governments and businesses.

Average Trading Volume: 3,727,897

Technical Sentiment Signal: Sell

Current Market Cap: $129.9M

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