Marti Technologies Inc (MRT) Stock Price, Quote & News

Company Profile

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...

Industry: Software - Application

Sector: Technology

Phone: 90 850 308 34 19

Website: www.marti.tech

Address:

Buyukdere Cd. No:237, Maslak Sariyer, Istanbul, Turkey

TheMarketsTheTarget Jun. 20 at 8:04 PM

$MRT Looking for a break of the 2’s sooner than later. 👍🏼

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MizIR Jun. 18 at 5:48 PM

$MRT President Cankut Durgun will now be COO as well, officially taking on an expanded role in day-to-day operations. This is a smart move by $MRT as Durgun has been integral to growth since he co-founded the company in 2018.

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PenkeTrading Jun. 18 at 12:12 PM

I found you a Morning Star Candle Pattern on the daily chart of Marti Technologies Inc.. $MRT #Marti #MorningStar #NYSE

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DoctorTy Jun. 16 at 12:40 PM

$MRT 1$ ı buy

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TheMarketsTheTarget Jun. 13 at 2:19 PM

$MRT Crumbling here! Negative shareholder equity.

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TheMarketsTheTarget Jun. 13 at 1:44 PM

$MRT Not good. Bad.

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MizIR Jun. 10 at 5:53 PM

$GRAB What about $MRT? The company announced last week that it has hit 2.15 million riders and 314K drivers -- surpassing targets, demonstrating the company's ability to scale, and highlighting the intense ride-hailing demand in Turkey. $MRT is poised for massive growth: think Uber in 2013 – 3 years into its ride-hailing operation.

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MizIR Jun. 10 at 5:49 PM

$UBER What about $MRT? The company announced last week that it has hit 2.15 million riders and 314K drivers -- surpassing targets, demonstrating the company's ability to scale, and highlighting the intense ride-hailing demand in Turkey. $MRT is poised for massive growth: think Uber in 2013 – 3 years into its ride-hailing operation.

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TheMarketsTheTarget Jun. 9 at 8:20 PM

$MRT Gaps to fill on the chart. 📌📍📌📍📌

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DonCorleone77 Jun. 6 at 10:42 AM

$MRT Marti Technologies' ride-hailing service reaches 2.15M riders Marti Technologies announced that as of June 3, Marti's ride-hailing service has reached 2.15M riders and 314 thousand registered drivers, exceeding the June 30 targets of 2.15M riders and 310 thousand registered drivers. Marti's number of ride-hailing riders grew 12.7% from March 25 to June 3. The number of registered drivers grew 8.3% during the same time period. The fast growth in both the rider and driver sides of Marti's ride-hailing marketplace demonstrates large demand for the service across Turkiye. The service intends to provide readily available, safe, and affordable rides for riders, while providing economic opportunities for drivers across the income spectrum. Encouraged by the growth in the rider and driver bases of its ride-hailing business, Marti has set targets for 2.5M riders and 350,000 registered drivers by September 30.

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Marti Appoints President, Cankut Durgun, to Additional Role of Chief Operating Officer

Jun 6, 2025, 6:30 AM EDT - 19 days ago

Marti's Ride-Hailing Service Reaches 2.15 Million Riders and 314 Thousand Registered Drivers, Exceeding June 30, 2025 Targets a Month Earlier Than Planned

May 28, 2025, 6:00 AM EDT - 4 weeks ago

Marti Technologies, Inc. Files Annual Report on Form 20-F for Fiscal Year 2024

May 19, 2025, 4:30 PM EDT - 5 weeks ago

Marti Technologies, Inc. Appoints Cenk Özeker as New Chief Financial Officer, Adding 25 Years of International Finance Experience

May 2, 2025, 9:43 AM EDT - 7 weeks ago

Morguard Real Estate Investment Trust (MGRUF) Q1 2025 Earnings Call Transcript

Apr 29, 2025, 11:38 AM EDT - 2 months ago

Marti Technologies, Inc. (MRT) Q4 2024 Earnings Call Transcript

Apr 29, 2025, 9:04 AM EDT - 2 months ago

Marti Announces 2024 Full Year Results

Apr 25, 2025, 8:11 PM EDT - 2 months ago

Marti Technologies, Inc. to Report Full Year 2024 Results on April 29, 2025

Mar 26, 2025, 8:24 AM EDT - 3 months 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

Mar 24, 2025, 5:00 PM EDT - 3 months ago

Marti Announces Amendment to Extend its Share Repurchase Program

Feb 13, 2025, 6:37 PM EST - 4 months ago

Morguard Real Estate Investment Trust (MGRUF) Q4 2024 Earnings Call Transcript

Jan 15, 2025, 6:00 AM EST - 5 months ago

Marti Launches Safety Academy to Prioritize Rider Safety and Promote Sustainable Mobility

Jan 12, 2025, 11:33 PM EST - 5 months ago

Marti Technologies: A Lofty But Realistic Guidance To Positive Free Cash Flow In 2025

Jan 6, 2025, 6:00 AM EST - 6 months ago

Marti's Ride-Hailing Service Introduces Dynamic Pricing to Improve Rider Experience, Increase Driver Earnings, and Increase Company Revenue

Dec 24, 2024, 10:14 AM EST - 6 months ago

Unlocking Marti's $8 Billion Opportunity

Dec 20, 2024, 6:00 AM EST - 6 months ago

Marti Announces Election of Alex Spiro to Its Board of Directors

Dec 16, 2024, 6:00 AM EST - 6 months ago

Marti's Ride-Hailing Service Reaches 1.61 Million Riders and 255 Thousand Registered Drivers, Exceeding December 31, 2024 Targets of 1.60 Million Riders and 245 Thousand Registered Drivers Half a Month Earlier Than Planned

Dec 2, 2024, 6:32 AM EST - 7 months ago

Marti Expects to Reach Positive Free Cash Flow in 2025

Nov 5, 2024, 8:31 AM EST - 8 months ago

Marti Releases 2023 Sustainability Report

Nov 1, 2024, 5:00 PM EDT - 8 months ago

Marti Technologies, Inc. Appoints New Interim Chief Financial Officer

Nov 1, 2024, 9:46 AM EDT - 8 months ago

Morguard Real Estate Investment Trust (MGRUF) Q3 2024 Earnings Call Transcript

Oct 7, 2024, 7:00 AM EDT - 9 months ago

Marti Begins Monetizing its Ride-Hailing Service

Sep 30, 2024, 10:50 AM EDT - 9 months ago

Marti Technologies, Inc. (MRT) Q2 2024 Earnings Call Transcript

Sep 30, 2024, 7:00 AM EDT - 9 months ago

Marti Announces 2024 First Half Results

Sep 26, 2024, 6:18 PM EDT - 9 months ago

Marti Technologies, Inc. to Report 2024 First Half Results on September 30, 2024

Sep 3, 2024, 7:00 AM EDT - 10 months ago

Marti's Ride-Hailing Service Reaches Over 1,300,000 Riders and Over 205,000 Registered Drivers, Exceeding September 30, 2024 Targets of Over 1,300,000 Riders and Over 190,000 Registered Drivers a Month Earlier Than Planned

Aug 4, 2024, 1:29 AM EDT - 11 months ago

Morguard Real Estate Investment Trust (MGRUF) Q2 2024 Earnings Call Transcript

Jul 1, 2024, 7:30 AM EDT - 1 year ago

Marti's Ride-Hailing Service Reaches Over 1,100,000 Riders and Over 170,000 Registered Drivers, Exceeding June 30, 2024 Targets of Over 1,000,000 Riders and Over 165,000 Registered Drivers

May 21, 2024, 7:00 AM EDT - 1 year ago

Marti's Ride-Hailing Service Reaches Over 925,000 Riders and Over 155,000 Registered Drivers, Exceeding June 30, 2024 Targets a Month and a Half Earlier Than Planned

May 17, 2024, 7:00 AM EDT - 1 year ago

Marti Technologies, Inc. Appoints New Chief Financial Officer

May 4, 2024, 10:39 PM EDT - 1 year ago

Morguard Real Estate Investment Trust (MGRUF) Q1 2024 Earnings Call Transcript

Apr 25, 2024, 8:16 AM EDT - 1 year ago

Marti Announces Amendment to up to $2.5M Share Repurchase Program

Apr 24, 2024, 9:37 AM EDT - 1 year ago

Marti's Ride-Hailing Service Reaches Over 788,000 Riders and Over 145,000 Registered Drivers

Apr 16, 2024, 10:17 AM EDT - 1 year ago

Marti Technologies, Inc. (MRT) Q4 2023 Earnings Call Transcript

Apr 16, 2024, 9:09 AM EDT - 1 year ago

Marti Announces Full Year 2023 Results

Apr 12, 2024, 4:21 PM EDT - 1 year ago

Marti Technologies, Inc. to Report Full Year 2023 Results on April 16, 2024

Feb 28, 2024, 8:00 AM EST - 1 year ago

Marti Launches Taxi-Hailing Service as Its Sixth Urban Transportation Modality

Feb 15, 2024, 6:22 PM EST - 1 year ago

Morguard Real Estate Investment Trust (MGRUF) Q4 2023 Earnings Call Transcript

Feb 5, 2024, 7:00 AM EST - 1 year ago

Marti Acquires Zoba's AI-Powered Optimization Platform to Increase Ridership and Reduce Operational Costs

Jan 29, 2024, 7:00 AM EST - 1 year ago

Marti introduces multi-modal subscription packages to increase rider usage and improve the operational efficiency of its two-wheeled electric vehicle business

Jan 10, 2024, 4:09 PM EST - 1 year ago

Marti Announces up to $2.5M Share Repurchase Program

Jan 5, 2024, 7:00 AM EST - 1 year ago

Marti Announces Completion of Redemption of Outstanding Warrants

Dec 20, 2023, 7:57 AM EST - 1 year ago

Marti Announces Expiration and Results of the Offer to Purchase and Consent Solicitation Relating to its Warrants and Issues Notice of Redemption with Respect to its Outstanding Warrants

Dec 18, 2023, 2:09 AM EST - 1 year ago

Marti Warrant Holders Reminded to Tender Warrants Before 12:00 Midnight, Eastern Time on December 19, 2023

Dec 12, 2023, 11:54 AM EST - 1 year ago

Marti's Ride-Hailing Service Reaches Over 452,000 Riders and Over 100,000 Registered Drivers, Once Again Exceeding Revised 2023 Year End Targets Half a Month Earlier Than Planned

Nov 21, 2023, 5:14 PM EST - 1 year ago

Marti Announces Commencement of an Offer to Purchase and Consent Solicitation Relating to its Warrants

Nov 14, 2023, 2:17 PM EST - 1 year ago

Marti's Ride Hailing Service Reaches Over 380,000 Riders and Over 90,000 Registered Drivers, Exceeding 2023 Year End Targets a Month and a Half Earlier Than Planned

Nov 7, 2023, 8:00 AM EST - 1 year ago

Marti Completes Deployment of 4,000 New Custom Designed E-mopeds Supporting its Sustainability Targets

Oct 26, 2023, 8:14 PM EDT - 1 year ago

Morguard Real Estate Investment Trust (MGRUF) Q3 2023 Earnings Call Transcript

Oct 19, 2023, 8:00 AM EDT - 1 year ago

Marti Technologies, Inc. Announces Chief Financial Officer Transition

TheMarketsTheTarget Jun. 20 at 8:04 PM

$MRT Looking for a break of the 2’s sooner than later. 👍🏼

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MizIR Jun. 18 at 5:48 PM

1 · Reply

PenkeTrading Jun. 18 at 12:12 PM

I found you a Morning Star Candle Pattern on the daily chart of Marti Technologies Inc.. $MRT #Marti #MorningStar #NYSE

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DoctorTy Jun. 16 at 12:40 PM

$MRT 1$ ı buy

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TheMarketsTheTarget Jun. 13 at 2:19 PM

$MRT Crumbling here! Negative shareholder equity.

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TheMarketsTheTarget Jun. 13 at 1:44 PM

$MRT Not good. Bad.

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MizIR Jun. 10 at 5:53 PM

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MizIR Jun. 10 at 5:49 PM

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TheMarketsTheTarget Jun. 9 at 8:20 PM

$MRT Gaps to fill on the chart. 📌📍📌📍📌

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DonCorleone77 Jun. 6 at 10:42 AM

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TheMarketsTheTarget Jun. 3 at 3:00 PM

$MRT Wow!

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DoctorTy May. 23 at 4:39 PM

$MRT adios 3$

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MizIR May. 21 at 2:49 PM

New CFO announced for $MRT this week. Cenk Özeker brings 25 years of international finance experience to the company. $MRT is poised for massive growth: think Uber in 2013 – 3 years into its ride-hailing operation.

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MizIR May. 21 at 2:44 PM

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MizIR May. 19 at 4:28 PM

$LYFT I prefer $MRT in the ride-hailing space. It operates in the largest ride-hailing market in Europe, Istanbul, which is much bigger than any individual market where Freenow operates. I also really like the founder-led nature of $MRT relative to the Lyft-Freenow corporate-entrepreneurship endeavor.

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MizIR May. 7 at 3:17 PM

$MRT Yes, in addition to the Benchmark initiation, Roth Capital also initiated coverage of $MRT this week, as well as Oak Ridge, all with Buy ratings. The company now has a total of 5 analysts covering the stock. Roth set a $5.75 price target, citing Turkey's untapped market for multi-modal shared mobility and Marti's growth potential of 100x from current levels. Roth analyst Rohit Kulkarni recommends buying the stock ahead of EBITDA-breakeven later this year and impending regulatory approvals, both of which will likely result in an inflection point for the company. https://www.tipranks.com/news/the-fly/marti-technologies-initiated-with-a-buy-at-roth-capital

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JarvisFlow May. 5 at 12:00 PM

Benchmark has adjusted their stance on Marti Technologies ( $MRT ), setting the rating to Buy with a target price of 5.

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MizIR Apr. 29 at 5:44 PM

I think we are taking things a bit out of context here. The higher G&A expense was driven by stock-based comp (the number drops 75% if you take out stock-based comp). Plus, $MRT's $18.7 million in revenue and ($19.3 million) in Adjusted EBITDA outperformed guidance. And 2025 is expected to bring the first full year of ride-hailing profitability, with $34 million in revenue and $3 million in Adjusted EBITDA. This is still a growth story.

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TheMarketsTheTarget Apr. 29 at 2:47 PM

$MRT These guys gave themselves THREE TIMES the cost of SG&A in share compensation. Lmfao. They gave themselves 37 million dollars AMERICAN DOLLLLLARS in compensation with a 74 Million Dollar Net LOSS. Sounds good

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ixya Apr. 29 at 1:53 PM

$MRT Revenue down 6.8% Y/Y 73M$ net loss 5$ Cash 👎 Political and economic uncertainty in Turkey.. ⏰️💣💥

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TheMarketsTheTarget Apr. 29 at 1:45 PM

$MRT Making big bet that they actually are going to crush it!

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TheMarketsTheTarget Apr. 29 at 1:35 PM

$MRT Acquired SaaS for two wheeling vehicles. And revenue this year was LESS than prior year due to less two wheel vehicles. Revenue of 19 million and a loss of 74 million. lol. 😳

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Market Cap	140.88M
Revenue (ttm)	18.66M
Net Income (ttm)	-73.88M
EPS (ttm)	N/A
PE Ratio	0.00
Forward PE	N/A
Profit Margin	-395.93%
Debt to Equity Ratio	-1.22

Volume	38,521
Avg Vol	72,634
Day's Range	N/A - N/A
Shares Out	57.04M
Stochastic %K	40%
Beta	1.55
Analysts	Strong Sell
Price Target	$5.19