Marti Technologies, Inc. (MRT)
| Market Cap | 195.79M +3.2% |
| Revenue (ttm) | 60.33M +145.5% |
| Net Income | -42.10M |
| EPS | -0.50 |
| Shares Out | 86.63M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 53,524 |
| Open | 2.250 |
| Previous Close | 2.280 |
| Day's Range | 2.245 - 2.320 |
| 52-Week Range | 1.120 - 2.750 |
| Beta | 0.31 |
| Analysts | Strong Buy |
| Price Target | 4.82 (+113.27%) |
| Earnings Date | Aug 8, 2018 |
About MRT
Marti Technologies, Inc. provides tech-enabled urban transportation services to riders in Turkey. It operates a mobility app that provides multiple transportation services, such as a ride-hailing service which matches riders with car, motorcycle, and taxi drivers, as well as operates a fleet of e-mopeds, e-bikes, and e-scooters. The company was founded in 2018 and is headquartered in Istanbul, Turkey.
Financial Performance
In 2025, Marti Technologies's revenue was $39.24 million, an increase of 110.30% compared to the previous year's $18.66 million. Losses were -$41.45 million, -43.90% less than in 2024.
Financial StatementsAnalyst Summary
According to 6 analysts, the average rating for MRT stock is "Strong Buy." The 12-month stock price target is $4.82, which is an increase of 113.27% from the latest price.
News
Marti Technologies price target lowered to $2.20 from $2.40 at Cantor Fitzgerald
Cantor Fitzgerald lowered the firm’s price target on Marti Technologies (MRT) to $2.20 from $2.40 and keeps a Neutral rating on the shares.
Marti Technologies price target lowered to $3.50 from $4 at Roth Capital
Roth Capital lowered the firm’s price target on Marti Technologies (MRT) to $3.50 from $4 and keeps a Buy rating on the shares. The firm is adjusting its model after…
Marti Technologies price target raised to $6 from $5 at Benchmark
Benchmark raised the firm’s price target on Marti Technologies (MRT) to $6 from $5 and keeps a Buy rating on the shares. Marti’s strong Q2 further validates the scaled-market-leader thesis,…
Marti Technologies Earnings Call Transcript: H1 2026
Q2 2026 saw revenue up 141% year-over-year and positive adjusted EBITDA for the first time, driven by rapid ride-hailing and delivery growth across 30 cities. Gross margin hit a record 77%, and full-year guidance was raised to $85M revenue and $7M adjusted EBITDA.
Marti Technologies Slides: H1 2026
Marti Technologies has posted slides in relation to its H1 2026 quarterly earnings report, which was published on August 19, 2026.
Marti Technologies Earnings release: H1 2026
Marti Technologies released its H1 2026 earnings on August 19, 2026, summarizing the period's financial results.
Marti Technologies reports Q2 EPS (15c) vs. (12c) last year
Reports Q2 revenue $20.0M vs. $8.3M last year. “The Q2 represents an important milestone for Marti,” said Oguz Alper Oktem, Founder and CEO. “We more than doubled revenue, delivered record…
Marti Technologies raises FY26 revenue view to $85.0M from $70.0M.
Raises FY26 adjusted EBITDA view to $7.0M from $1.0M.
Marti Achieves Record Second Quarter with 141% Revenue Growth, 77% Gross Profit Margin, Significant Improvement in Profitability, and Increased Guidance
ISTANBUL--(BUSINESS WIRE)--Türkiye's leading mobility super app Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT) today reported a strong second quarter ended June 30, 2026, del...
Marti Technologies launchs ride-hailing service in 10 additional cities
Marti Technologies (MRT) announced the launch of its ride-hailing service in 10 additional cities across Turkiye, expanding Marti’s ride-hailing footprint to 30 cities and approximately 85% of Turkiye...
Marti Technologies reaffirms FY26 revenue view $85M
06:21 EDT Marti Technologies (MRT) reaffirms FY26 revenue view $85M
Marti Technologies, Inc. to Report 2026 Second Quarter Results on August 19, 2026
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti”) (NYSE American: MRT), Türkiye's leading mobility super app, will announce its financial and operational results for the quarter ended June...
Marti Technologies Launches Ride-Hailing Service in 10 New Cities Across Türkiye
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility super app, today announced the launch of its ride-hailing service in 10 ...
Marti Technologies raises FY26 revenue view to $85M from $70M, consensus $70.46M
Raises FY26 adjusted EBITDA view to $7M from $1M. The updated outlook is driven by several factors, including: Larger-than-anticipated addressable markets in the cities where it operates across Turkiy...
Marti Technologies Increases Fiscal Year 2026 Guidance on Accelerating Growth and Margin Expansion
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility super app, today announced that it has increased its financial guidance ...
Marti Technologies, Tensor partner to deploy autonomous vehicles across Turkiye
Marti Technologies (MRT) and Tensor announced a multi-year strategic partnership to purchase and deploy Tensor autonomous vehicles on Marti’s mobility platform in cities across Turkiye. Marti currentl...
Marti and Tensor Partner to Deploy Autonomous Vehicles in Türkiye
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility super app, and Tensor, a pioneer in personal autonomous vehicles, today ...
Marti Technologies Slides: Investor presentation
Marti Technologies has posted slides in relation to its latest quarterly earnings report, which was published on July 9, 2026.
Marti Technologies initiated with a Buy at Alliance Global
Alliance Global initiated coverage of Marti Technologies (MRT) with a Buy rating and $4 price target The recent pullback creates an attractive risk/reward for the shares, the analyst tells investors…
Marti Technologies provides update on share repurchase program
Further to the share repurchase program first initiated on January 10, 2024, and extended and replaced from time to time, Marti Technologies (MRT), announces that, since the start of the…
Marti Technologies Provides Update on Its Share Repurchase Program
ISTANBUL--(BUSINESS WIRE)--Further to the share repurchase program first initiated on January 10, 2024, and extended and replaced from time to time, Marti Technologies, Inc. (NYSE American: MRT) annou...
Marti Technologies Slides: Investor presentation
Marti Technologies has posted slides in relation to its latest quarterly earnings report, which was published on June 22, 2026.
Marti Technologies’ ride-hailing service reaches 4.3M riders
Marti Technologies (MRT) announced that as of June 11, Marti’s ride-hailing service has reached 4.30M riders and 532,000 registered drivers, exceeding the June 30 targets of 4.3M riders and 530,000…
Marti's Ride-Hailing Service Reaches 4.30 Million Riders and 532 Thousand Registered Drivers, Exceeding June 30, 2026 Targets
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility super app, announced today that as of June 11, 2026, Marti's ride-hailin...
Marti Technologies price target raised to $2.40 from $2.15 at Cantor Fitzgerald
Cantor Fitzgerald raised the firm’s price target on Marti Technologies (MRT) to $2.40 from $2.15 and keeps a Neutral rating on the shares.