Marti Technologies, Inc. (MRT)

NYSEAMERICAN: MRT · Real-Time Price · USD
1.940
-0.030 (-1.52%)
May 29, 2026, 4:00 PM EDT - Market closed
Market Cap166.73M -36.8%
Revenue (ttm)48.65M +137.5%
Net Income-38.80M
EPS-0.47
Shares Out 85.94M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume25,275
Open1.960
Previous Close1.970
Day's Range1.910 - 1.970
52-Week Range1.820 - 3.150
Beta0.33
AnalystsStrong Buy
Price Target4.67 (+140.72%)
Earnings DateAug 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.

Sector Technology
Founded 2018
Employees 473
Stock Exchange NYSEAMERICAN
Ticker Symbol MRT
Full Company Profile

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 Statements

Analyst Summary

According to 5 analysts, the average rating for MRT stock is "Strong Buy." The 12-month stock price target is $4.67, which is an increase of 140.72% from the latest price.

Price Target
$4.67
(140.72% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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.

3 days ago - TheFly

Marti Technologies Earnings Call Transcript: Q1 2026

Q1 2026 saw 156% revenue growth, gross margin rise to 72%, and adjusted EBITDA near breakeven, driven by ride-hailing and expanding delivery services. The platform reached 2.1 million unique consumers and remains confident in its $70M revenue and $1M EBITDA guidance for 2026.

8 days ago - Transcripts

Marti Technologies Earnings release: Q1 2026

Marti Technologies released its Q1 2026 earnings on May 21, 2026, summarizing the period's financial results.

8 days ago - Filings

Marti Technologies Slides: Q1 2026

Marti Technologies has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 21, 2026.

8 days ago - Filings

Marti Technologies still sees 2026 revenue $70.0M vs. $39.2M in 2025

Still sees 2026 adjusted EBITDA $1.0M.

8 days ago - TheFly

Marti Technologies reports Q1 EPS (14c) vs. (9c) last year

Reports Q1 revenue $15.4M vs. $6.0M last year. Q1 adjusted EBITDA was ($0.5M) vs. ($3.6M) a year ago. “We delivered an exceptional start to 2026, exceeding our internal targets across…

8 days ago - TheFly

Marti Delivers 156% Revenue Growth, 72% Gross Profit Margin in First Quarter 2026, with Significant Improvement in Profitability; Reaffirms Guidance

ISTANBUL--(BUSINESS WIRE)--Türkiye's leading mobility super app Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT) today announced its financial and operational results for the f...

8 days ago - Business Wire

Marti Technologies, Inc. to Report 2026 First Quarter Results on May 21, 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 Marc...

11 days ago - Business Wire

Marti Technologies announces $2.5M share repurchase program

Marti Technologies (MRT) announced a new share repurchase program. The company’s Board of Directors authorized a new share repurchase program under which the company may repurchase up to $2.5M of…

4 weeks ago - TheFly

Marti Announces a New Share Repurchase Program

ISTANBUL--(BUSINESS WIRE)--Türkiye's leading mobility super app Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT) today announced a new share repurchase program. The Company's B...

4 weeks ago - Business Wire

Marti Technologies Slides: Investor presentation

Marti Technologies has posted slides in relation to its latest quarterly earnings report, which was published on April 21, 2026.

5 weeks ago - Filings

Marti Technologies, Inc. Files Annual Report on Form 20-F for Fiscal Year 2025

ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility super app, announced that it has filed its annual report on Form 20-F, i...

6 weeks ago - Business Wire

Marti Technologies price target lowered to $2.15 from $3 at Cantor Fitzgerald

Cantor Fitzgerald lowered the firm’s price target on Marti Technologies (MRT) to $2.15 from $3 and keeps a Neutral rating on the shares. The company is still early in the…

6 weeks ago - TheFly

Marti Technologies price target lowered to $4 from $5 at Roth Capital

Roth Capital lowered the firm’s price target on Marti Technologies (MRT) to $4 from $5 and keeps a Buy rating on the shares. The company delivered a strong beat versus…

6 weeks ago - TheFly

Marti Technologies Earnings Call Transcript: H2 2025

Revenue more than doubled to $39.2M in 2025, with gross margin rising to 61.1% and adjusted EBITDA loss narrowing by 37%. Guidance for 2026 targets $70M revenue and positive adjusted EBITDA, supported by continued expansion and platform monetization.

6 weeks ago - Transcripts

Marti Technologies Annual report: H2 2025

Marti Technologies has published its H2 2025 annual report on April 13, 2026.

6 weeks ago - Filings

Marti Technologies Earnings release: H2 2025

Marti Technologies released its H2 2025 earnings on April 13, 2026, summarizing the period's financial results.

6 weeks ago - Filings

Marti Technologies Slides: H2 2025

Marti Technologies has posted slides in relation to its H2 2025 quarterly earnings report, which was published on April 13, 2026.

6 weeks ago - Filings

Marti Technologies backs FY26 revenue view $70M, adjusted EBITDA $1M

06:47 EDT Marti Technologies (MRT) backs FY26 revenue view $70M, adjusted EBITDA $1M

6 weeks ago - TheFly

Marti Revenue Increases 110%, Delivers 61% Gross Profit Margin for Full-Year 2025

ISTANBUL--(BUSINESS WIRE)--Türkiye's leading mobility super app Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT) today announced its financial and operational results for the f...

6 weeks ago - Business Wire

Marti Technologies, Inc. to Report 2025 Fiscal Year Results on April 13, 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 fiscal year ended ...

7 weeks ago - Business Wire

Marti Technologies management to meet virtually with Benchmark

Virtual Meeting to be held on April 13 at 11 am hosted by Benchmark.

7 weeks ago - TheFly

Marti Technologies says ride-hailing service reaches 3.8M riders, 490K drivers

Marti Technologies (MRT) announced that as of March 17, Marti’s ride-hailing service has reached 3.8M riders and 490K registered drivers, exceeding the March 31 targets of 3.8M riders and 485K…

2 months ago - TheFly

Marti's Ride-Hailing Service Reaches 3.80 Million Riders and 490 Thousand Registered Drivers, Exceeding March 31, 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 March 17, 2026, Marti's ride-haili...

2 months ago - Business Wire

Marti Technologies Slides: Investor presentation

Marti Technologies has posted slides in relation to its latest quarterly earnings report, which was published on March 16, 2026.

2 months ago - Filings