Marti Technologies, Inc. (MRT)
| Market Cap | 179.33M -9.8% |
| 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 | 34,293 |
| Open | 2.050 |
| Previous Close | 1.950 |
| Day's Range | 2.000 - 2.050 |
| 52-Week Range | 1.120 - 2.589 |
| Beta | 0.37 |
| Analysts | Strong Buy |
| Price Target | 5.04 (+143.48%) |
| Earnings Date | Nov 9, 2026 |
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 5 analysts, the average rating for MRT stock is "Strong Buy." The 12-month stock price target is $5.04, which is an increase of 143.48% from the latest price.
News
Marti Technologies, Inc. to Report 2026 Third Quarter Results on November 9, 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 Sept...
Marti Technologies announces partnership with CalmCar
Marti Technologies (MRT) announced a partnership with CalmCar, a China-based provider of autonomous driving solutions, to bring autonomous driving technology to Marti’s mobility platform in Turkiye. M...
Marti Partners with CalmCar to Expand Its Multi-Partner Autonomous Mobility Ecosystem in Türkiye
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility super app, today announced a partnership with CalmCar, a China-based pro...
Marti Technologies expands offering to 40 cities across Turkiye
Marti Technologies (MRT) announced the launch of its ride-hailing service in 10 additional cities across Turkiye, bringing its ride-hailing footprint to 40 cities and expanding its reach to markets re...
Marti Technologies Expands Ride-Hailing Service to 40 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 share repurchase authorization to $5M
Marti Technologies (MRT) announced that its Board of Directors has increased the authorization under the company’s share repurchase program from $2.5M to $5M and extended the Repurchase Program throug...
Marti Increases Share Repurchase Authorization to $5 Million and Extends Program Through April 2027
ISTANBUL--(BUSINESS WIRE)--Türkiye's leading mobility super app Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT) today announced that its Board of Directors (the “Board”) has i...
Marti Technologies Slides: Investor presentation
Marti Technologies has posted slides in relation to its latest quarterly earnings report, which was published on September 4, 2026.
Marti Technologies announces ride-hailing service exceeds September 30 targets
Marti Technologies (MRT) announced that as of September 2, 2026, Marti’s ride-hailing service has reached 4.90M riders and 584k registered drivers, exceeding the September 30, 2026 targets of 4.90M ri...
Marti's Ride-Hailing Service Reaches 4.90 Million Riders and 584 Thousand Registered Drivers, Exceeding September 30, 2026 Targets a Month Earlier Than Planned
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility super app, announced today that as of September 2, 2026, Marti's ride-ha...
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 ...