Rekor Systems Fuels South Carolina's 'Virtual Weigh Stations' Initiative
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 16 2025
0mins
Award Recognition: South Carolina's Office of Information Technology, in collaboration with the State Transport Police and Department of Transportation, won the State Technology Innovation Award for implementing "virtual weigh stations" using Rekor technology.
Financial Impact: Rekor Systems is set to receive an initial order of approximately $1M for the technology rollout, with additional revenue anticipated as the program expands across the state.
Analyst Views on REKR
Wall Street analysts forecast REKR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for REKR is 3.25 USD with a low forecast of 2.50 USD and a high forecast of 4.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 1.450
Low
2.50
Averages
3.25
High
4.00
Current: 1.450
Low
2.50
Averages
3.25
High
4.00
About REKR
Rekor Systems, Inc. is engaged in developing and implementing roadway intelligence systems using artificial intelligence (AI)-enabled computer vision and machine learning. The Company delivers mission-critical traffic and engineering services. It collects, connects and organizes the mobility data, and making it accessible and useful to its customers for real-time insights and decisioning for situational awareness, rapid response, risk mitigation, and predictive analytics for resource and infrastructure planning and reporting. Rekor One is its AI-powered roadway intelligence platform, serving multiple missions with modular and rapid development capabilities. Its products and solutions include Rekor Command for transportation management, Rekor Discover for urban mobility, and Rekor Scout for public safety, plus various commercial use cases. Its subsidiaries include Rekor Recognition Systems, Inc., Waycare Technologies, Ltd., Southern Traffic Services, Inc., and All Traffic Data Systems.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
