NASDAQ:REKR 17 October 2025 - 20 October 2025

Rekor’s share price has been on a tear in October, nearly doubling in just two weeks stockinvest.us. After closing around $2.60 on Oct. 16, the stock leapt ~20% the next day to roughly $3.17 ts2.tech, capping a ~73% monthly surge. This meteoric rise came as the company rolled out fresh contracts and previewed blowout quarterly results. Wall Street observers note that despite the sharp gains, Rekor’s current valuation of about 5.8× sales appears “fair” relative to peers given its growth outlook ts2.tech. In other words, the recent price rally has merely caught up to fundamentals – Rekor’s price-to-sales is now back in line with industry norms and analysts’ revenue forecasts ts2.tech. Driving the frenzy was Rekor’s October 14th announcement projecting all-time high Q3 revenues of nearly $14 million along with a dramatically smaller loss. This bullish guidance electrified investors. “Our Q-3 performance was strong,” CFO Eyal Hen said, emphasizing that software subscription sales are “driving operating leverage and improving economics.” ts2.tech The upbeat tone signaled that Rekor’s strategy – focusing on recurring DaaS contracts – is paying off by boosting margins and narrowing losses. The market responded in kind, sending shares vertical on heavy trading volume.

Stock Performance & Recent Moves: Rekor stock has surged lately on a combination of upbeat corporate news and broader tech buzz. After closing around $2.60 on Oct. 16, REKR jumped roughly 20% on Oct. 17tradingview.com. This continued a steep one-month rally: TS2.tech notes the shares have climbed about 73% in the past 30 daysts2.tech. This meteoric rise came as the company previewed blowout third-quarter results and rolled out new contracts. Wall Street observers say the valuation – now about 5.8× sales – appears “fair” relative to peers given Rekor’s growth outlookts2.tech. Big Contracts & Product Wins: A key driver behind the stock jump is Rekor’s expanding footprint in state transportation programs. On Oct. 9 the company announced that California’s Caltrans and Texas DOT are now deploying its “Rekor Discover” urban-mobility platformrekor.ai. These initial deployments – touted by Rekor GM Mark Phillips as “a clear path to expand…from initial deployment to statewide programs” – build on the company’s earlier Georgia DOT award, a multi-year data-as-a-service contract valued at $50+ millionrekor.ai. Another recent win: South Carolina’s virtual truck weigh-station pilot, powered by Rekor’s vehicle-recognition tech, earned a state innovation award. Rekor will supply this system under an initial ~$1M order and expects