Marti Technologies, Inc. (MRT)
| Market Cap | 177.83M -2.4% |
| Revenue (ttm) | 39.24M +110.3% |
| Net Income | -41.45M |
| EPS | -0.53 |
| Shares Out | 85.91M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 52,175 |
| Open | 2.100 |
| Previous Close | 2.080 |
| Day's Range | 2.050 - 2.120 |
| 52-Week Range | 1.970 - 3.700 |
| Beta | 0.33 |
| Analysts | Strong Buy |
| Price Target | 3.58 (+72.95%) |
| 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 2 analysts, the average rating for MRT stock is "Strong Buy." The 12-month stock price target is $3.58, which is an increase of 72.95% from the latest price.
News
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
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...
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...
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
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
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.
Marti Technologies backs FY26 revenue view $70M, adjusted EBITDA $1M
06:47 EDT Marti Technologies (MRT) backs FY26 revenue view $70M, adjusted EBITDA $1M
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...
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 ...
Marti Technologies management to meet virtually with Benchmark
Virtual Meeting to be held on April 13 at 11 am hosted by Benchmark.
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
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...
Marti Technologies launches Shareholder Loyalty Program
Marti Technologies (MRT) announced the launch of the Marti Shareholder Loyalty Program, a new initiative designed to reward long-term retail shareholders while reinforcing Marti’s commitment to sustai...
Marti Launches Shareholder Loyalty Program
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility super app, today announced the launch of the Marti Shareholder Loyalty P...
Marti Technologies says ride-hailing service reaches 3.8M riders
Marti Technologies (MRT) announced that as of December 31, Marti’s ride-hailing service has reached 3.38M riders and 450 thousand registered drivers, exceeding the December 31 targets of 3.3M riders a...
Marti's Ride-Hailing Service Reaches 3.38 Million Riders and 450 Thousand Registered Drivers, Exceeding December 31, 2025 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 December 31, 2025, Marti's ride-ha...
Marti Technologies Inc trading resumes
10:05 EST Marti Technologies (MRT) Inc trading resumes
Marti Technologies expects to exceed FY25 revenue view of $34M
Sees adjusted EBITDA ($17M). “Our performance in 2025 reflects the strength of our execution and the significant opportunity ahead for Marti,” said Oguz Alper Oktem, CEI, “We are on track
Marti Technologies Inc trading halted, news pending
09:45 EST Marti Technologies (MRT) Inc trading halted, news pending
Marti Technologies On Track to Exceed 2025 Guidance, Introduces 2026 Outlook with More than Double Revenue Growth and Positive EBITDA
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility super app, today announced that it expects to exceed guidance for 2025. ...
Marti Releases New Sustainability Report
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility super app, today released its 2024 Sustainability Report. The report hig...
Marti Integrates Public Transportation Options Into Mobility Super App
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or “the Company”) (NYSE American: MRT), Türkiye's leading mobility super app, today announced the inclusion of public transportation integr...
Marti Technologies launches ride-hailing service in 10 additional cities
Marti Technologies (MRT), Turkiye’s leading mobility super app, announced the launch of its ride-hailing service in 10 additional cities across Turkiye, marking the Company’s broadest single wave of e...
Marti Technologies Expands Ride-Hailing Service to 10 Additional 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 ...