MRT icon

Marti Technologies

3.02 USD
+0.19
6.71%
Updated May 22, 12:56 PM EDT
1 day
6.71%
5 days
-7.93%
1 month
5.96%
3 months
-9.85%
6 months
45.19%
Year to date
-10.12%
1 year
66.85%
5 years
-68.87%
10 years
-68.87%
 

About: Marti Technologies Inc is a mobility app, offering multiple transportation services to its riders. Marti operates a ride-hailing service that matches riders with car, motorcycle, and taxi drivers, and operates a large fleet of rental e-mopeds, e-bikes, and e-scooters. All of Marti's offerings are serviced by proprietary software systems and IoT infrastructure.

Employees: 553

0
Funds holding %
of 7,245 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

87% more capital invested

Capital invested by funds: $24.3M [Q4 2024] → $45.3M (+$21.1M) [Q1 2025]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2024] → 1 (+0) [Q1 2025]

0% more repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 3

0.32% less ownership

Funds ownership: 12.48% [Q4 2024] → 12.16% (-0.32%) [Q1 2025]

13% less funds holding

Funds holding: 16 [Q4 2024] → 14 (-2) [Q1 2025]

67% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 3

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$5
66%
upside
Avg. target
$6
99%
upside
High target
$7
132%
upside

2 analyst ratings

positive
100%
neutral
0%
negative
0%
Benchmark
Fawne Jiang
66%upside
$5
Buy
Initiated
5 May 2025
Litchfield Hills
Theodore O'Neill
132%upside
$7
Buy
Initiated
14 Apr 2025

Financial journalist opinion

Based on 5 articles about MRT published over the past 30 days

Neutral
Business Wire
2 days ago
Marti Technologies, Inc. Appoints Cenk Özeker as New Chief Financial Officer, Adding 25 Years of International Finance Experience
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility super app, today announced that it has appointed Cenk Özeker as its Chief Financial Officer (“CFO”), effective May 14, 2025. Cenk Özeker replaces the Company's former Interim CFO, Deniz Terlemez. Mr. Özeker has more than 25 years of senior finance and operational leadership experience, having served in senior finance leadership positions and managing director roles acr.
Marti Technologies, Inc. Appoints Cenk Özeker as New Chief Financial Officer, Adding 25 Years of International Finance Experience
Neutral
Seeking Alpha
2 weeks ago
Morguard Real Estate Investment Trust (MGRUF) Q1 2025 Earnings Call Transcript
Morguard Real Estate Investment Trust (OTC:MGRUF) Q1 2025 Earnings Conference Call May 1, 2025 4:00 PM ET Company Participants Andrew Tamlin - Chief Financial Officer John Ginis - Assistant Vice President, Retail Asset Management Tom Johnston - Senior Vice President of Western Asset Management Conference Call Participants Jonathan Kelcher - TD Cowen Operator Good afternoon, ladies and gentlemen and welcome to the Morguard Real Estate Investment Trust 2025 First Quarter Results Conference Call. At this time, all lines are in listen-only mode.
Morguard Real Estate Investment Trust (MGRUF) Q1 2025 Earnings Call Transcript
Neutral
Seeking Alpha
3 weeks ago
Marti Technologies, Inc. (MRT) Q4 2024 Earnings Call Transcript
Marti Technologies, Inc. (NYSE:MRT ) Q4 2024 Earnings Conference Call April 29, 2025 8:30 AM ET Company Participants Cankut Durgun - Founder and President Oguz Alper Oktem - Co-Founder and CEO Conference Call Participants Rohit Kulkarni - ROTH Capital Poe Fratt - Alliance Global Partners Theodore O'Neil - Litchfield Hills Research Siddharth Havaldar - Crescent Enterprises Operator Greetings, and welcome to Marti Technologies, Inc. Full Year 2024 Earnings Conference Call. At this time, all participants are on a listen-only mode.
Marti Technologies, Inc. (MRT) Q4 2024 Earnings Call Transcript
Neutral
Business Wire
3 weeks ago
Marti Announces 2024 Full Year Results
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 full year ended December 31, 2024. Financial and Operational Highlights for the Full Year 2024 Strong Momentum in Ride-Hailing: Rapid growth of ride-hailing service, with 1.66M unique ride-hailing riders and 262 thousand registered drivers at year-end, exceeding operational targets throughout the ye.
Marti Announces 2024 Full Year Results
Neutral
Business Wire
3 weeks ago
Marti Technologies, Inc. to Report Full Year 2024 Results on April 29, 2025
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti”) (NYSE American: MRT), Türkiye's leading mobility super app, will announce its full year 2024 financial and operational results before the U.S. markets open on Tuesday, April 29, 2025. Conference Call and Webcast Details Marti's management will host an analyst and investor conference call and live webcast to discuss its financial results at 3:30 p.m. Istanbul / 1:30 p.m. London / 8:30 a.m. New York time on Tuesday, April 29, 2025. Liv.
Marti Technologies, Inc. to Report Full Year 2024 Results on April 29, 2025
Neutral
Business Wire
1 month ago
Marti's Ride-Hailing Service Reaches 1.91 Million Riders and 290 Thousand Registered Drivers, Exceeding March 31, 2025 Targets of 1.90 Million Riders and 290 Thousand Registered Drivers
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 25, 2025, Marti's ride-hailing service has reached 1.91 million riders and 290 thousand registered drivers, exceeding the March 31, 2025 targets of 1.90 million riders and 290 thousand registered drivers. Marti's number of ride-hailing riders grew 18.6% from December 15, 2024 to March 25, 2025. The number of registered driver.
Marti's Ride-Hailing Service Reaches 1.91 Million Riders and 290 Thousand Registered Drivers, Exceeding March 31, 2025 Targets of 1.90 Million Riders and 290 Thousand Registered Drivers
Neutral
Business Wire
1 month ago
Marti Announces Amendment to Extend its Share Repurchase Program
ISTANBUL--(BUSINESS WIRE)--Türkiye's leading mobility super app Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT) today announced an amendment to extend its share repurchase program. The Company's Board of Directors (the “Board”) authorized a six month extension to its share repurchase program under which the Company may repurchase up to $2.5 million of its outstanding Class A ordinary shares until October 9, 2025. The share repurchase program was originally initiated on.
Marti Announces Amendment to Extend its Share Repurchase Program
Neutral
Seeking Alpha
3 months ago
Morguard Real Estate Investment Trust (MGRUF) Q4 2024 Earnings Call Transcript
Morguard Real Estate Investment Trust (OTC:MGRUF) Q4 2024 Earnings Conference Call February 13, 2025 4:00 PM ET Company Participants Andrew Tamlin - Chief Financial Officer John Ginis - Assistant Vice President, Retail Asset Management Tom Johnston - Senior Vice President of Western Asset Management Todd Febbo - Vice President, Eastern Office Management Conference Call Participants Jonathan Kelcher - TD Cowen Roger Lafontaine - Nugget Capital Markets Andrew Tamlin Good afternoon, everyone. My name is Andrew Tamlin, Chief Financial Officer of Morguard REIT.
Morguard Real Estate Investment Trust (MGRUF) Q4 2024 Earnings Call Transcript
Neutral
Business Wire
4 months ago
Marti Launches Safety Academy to Prioritize Rider Safety and Promote Sustainable Mobility
ISTANBUL--(BUSINESS WIRE)--Türkiye's leading mobility super app, Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), is proud to announce the launch of its Safety Academy, a transformative initiative designed to enhance rider safety and promote a culture of responsible and sustainable mobility practices. The Marti Safety Academy provides riders with the knowledge and tools to promote the safe and responsible use of its two-wheeled electric vehicle solutions. The program in.
Marti Launches Safety Academy to Prioritize Rider Safety and Promote Sustainable Mobility
Positive
Seeking Alpha
4 months ago
Marti Technologies: A Lofty But Realistic Guidance To Positive Free Cash Flow In 2025
Marti Technologies, Inc. is a "Strong Buy" in Turkey's ride-hailing market, trading at $3.54 per share with a $207 million market cap. Experienced founders, leading market position, and recent monetization of ride-hailing services highlight Marti's competitive advantages and growth potential. Financial outlook for 2025 shows significant revenue growth, positive EBITDA, and free cash flow, driven by expanded services and operational efficiencies.
Marti Technologies: A Lofty But Realistic Guidance To Positive Free Cash Flow In 2025
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