Marti Technologies, Inc. (MRT)

Market Cap	250.84M
Revenue (ttm)	18.66M
Net Income (ttm)	-73.88M
Shares Out	76.24M
EPS (ttm)	-1.25
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	21,428
Open	3.270
Previous Close	3.310
Day's Range	3.220 - 3.340
52-Week Range	1.320 - 3.890
Beta	0.41
Analysts	Strong Buy
Price Target	6.00 (+82.37%)
Earnings Date	n/a

About MRT

Marti Technologies, Inc. provides tech-enabled urban transportation services to riders in Turkey. It also operates a mobility app that provides multiple transportation services, such as a ride hailing service that matches riders with car, motorcycle, and taxi drivers, as well as operates a fleet of e-mopeds, e-bikes, and e-scooters. In addition, the company offers driver subscription package, which enables riders to purchase the Marti rides in advance by daily or weekly. The company was founded in 2018 and is headquartered in Istanbul, Turkey.

• Industry: Software - Application
• Sector: Technology
• Founded: 2018
• Employees: 442
• Stock Exchange: NYSEAMERICAN
• Ticker Symbol: MRT
• Website: https://www.marti.tech

Financial Performance

In 2024, Marti Technologies's revenue was $18.66 million, a decrease of -6.84% compared to the previous year's $20.03 million. Losses were -$73.88 million, 118.5% more than in 2023.

Analyst Forecast

According to 2 analysts, the average rating for MRT stock is "Strong Buy." The 12-month stock price forecast is $6.0, which is an increase of 82.37% from the latest price.

Price Target

$6.0

(82.37% upside)

Analyst Consensus: Strong Buy