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Marti Technologies Inc (MRT) Stock Forecast & Price Prediction

Live MRT Stock Price & Analysis

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$3.03

-0.02 (-0.66%)

12 Month Price Forecast For MRT

$3.03
Current Price
$177.56M
Market Cap
1 Ratings
Buy 0
Hold 1
Sell 0
Wall St Analyst Ratings

Distance to MRT Price Forecasts

-1.0%
To High Target of $3.00
-1.0%
To Median Target of $3.00
-1.0%
To Low Target of $3.00

MRT Price Momentum

-3.2%
1 Week Change
-13.9%
1 Month Change
+309.5%
1 Year Change
-10.6%
Year-to-Date Change
-22.1%
From 52W High of $3.89
+326.8%
From 52W Low of $0.71

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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Data last updated: February 5, 2025 1:13 PM UTC

MRT Analyst Ratings & Price Targets

Based on our analysis of 4 Wall Street analysts, MRT has a consensus that is neutral. The median price target is $3.00, with forecasts ranging from $3.00 to $3.00. Currently, there are 0 Buy ratings, 1 Hold ratings, and 0 Sell ratings.

With MRT currently trading at $3.03, the median price forecast suggests a -1.0% downside. The most optimistic forecast comes from at , projecting a -1.0% downside, while at provides the most conservative target, suggesting a -1.0% downside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

MRT Analyst Consensus

0
Buy
1
Hold
0
Sell

MRT Price Target Range

Low
$3.00
Average
$3.00
High
$3.00
Current: $3.03

Latest MRT Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for MRT.

Date Firm Analyst Rating Change Price Target
Nov 29, 2023 Cantor Fitzgerald Brett Knoblauch Overweight Initiates $0.90
Jan 3, 2019 B. Riley Securities Neutral Downgrade $10.00
Nov 20, 2018 Raymond James Outperform Maintains $10.00
Nov 13, 2018 B. Riley Securities Buy Maintains $10.50
Nov 12, 2018 Citigroup Michael Bilerman Neutral Upgrade $9.00
Sep 28, 2018 Cantor Fitzgerald Joseph France Neutral Downgrade $10.00
Sep 14, 2018 Citigroup Sell Downgrade $9.00
Aug 9, 2018 Canaccord Genuity Overweight Maintains $12.00
Aug 8, 2018 Keybanc Sector Weight Downgrade $0.00
May 23, 2018 RBC Capital Sector Perform Downgrade $11.00
Apr 17, 2018 Keybanc Overweight Maintains $12.00
Mar 1, 2018 Citigroup Neutral Maintains $10.00
Feb 22, 2018 B. Riley Securities Buy Maintains $13.00
Oct 23, 2017 Capital One Equal-Weight Initiates $13.00
Sep 1, 2017 Cantor Fitzgerald Joseph France Overweight Initiates $14.00
Dec 16, 2016 JP Morgan Underweight Downgrade $0.00
Nov 14, 2016 Keybanc Overweight Initiates $0.00
Oct 24, 2016 JMP Securities Market Outperform Initiates $0.00
Oct 24, 2016 FBR Capital Outperform Initiates $0.00
Oct 24, 2016 Citigroup Neutral Initiates $0.00

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The following stocks are similar to Marti Tech based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Marti Technologies Inc (MRT) Financial Data

Marti Technologies Inc has a market capitalization of $177.56M with a P/E ratio of 148.0x. The company generates $18.95M in trailing twelve-month revenue with a -223.5% profit margin.

Revenue growth is -11.3% quarter-over-quarter, while maintaining an operating margin of -216.7% and return on equity of +103.4%.

Valuation Metrics

Market Cap $177.56M
Enterprise Value $239.37M
P/E Ratio 148.0x
PEG Ratio 1.2x
Price/Sales 9.4x

Growth & Margins

Revenue Growth (YoY) -11.3%
Gross Margin -26.0%
Operating Margin -216.7%
Net Margin -223.5%
EPS Growth N/A

Financial Health

Cash/Price Ratio +5.0%
Current Ratio 0.9x
Debt/Equity -1.4x
ROE +103.4%
ROA -74.7%

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Marti Technologies Inc (MRT) Company Overview

About Marti Technologies Inc

What They Do

Provides tech-enabled urban transportation services.

Business Model

The company operates a mobility app that offers various transportation options, including ride-hailing for cars, motorcycles, and taxis, alongside a fleet of e-mopeds, e-bikes, and e-scooters. It generates revenue through ride fares, subscription packages, and possibly partnerships with drivers and vehicle providers.

Additional Information

Founded in 2018 and headquartered in Istanbul, Turkey, Marti Technologies is positioned in the growing urban mobility market. The Super subscriber package allows users to purchase rides in advance, indicating a focus on customer loyalty and convenience.

Company Information

Sector

Technology

Industry

Software - Application

Employees

403

CEO

Mr. Oguz Alper Oktem

Country

Turkey

IPO Year

2023

Marti Technologies Inc (MRT) Latest News & Analysis

MRT stock latest news image
Quick Summary

Marti Technologies, Inc. (NYSE American: MRT) launched the Safety Academy to enhance rider safety and promote responsible use of its electric vehicles, reflecting a commitment to sustainable mobility practices.

Why It Matters

Marti Technologies' launch of the Safety Academy could enhance rider safety, potentially increasing user trust and demand for their services, which may positively impact revenue and stock performance.

Source: Business Wire
Market Sentiment: Neutral
MRT stock latest news image
Quick Summary

Marti Technologies, Inc. is a "Strong Buy" in Turkey's ride-hailing market, trading at $3.54/share with a $207M market cap. Positive 2025 outlook shows revenue growth and profitability potential.

Why It Matters

Marti Technologies' strong market position and positive financial outlook suggest robust growth potential, making it an attractive investment opportunity in Turkey's ride-hailing sector.

Source: Seeking Alpha
Market Sentiment: Positive
MRT stock latest news image
Quick Summary

Marti Technologies launched a dynamic pricing model for its ride-hailing service, adjusting fares in real-time based on supply and demand to improve efficiency and user satisfaction.

Why It Matters

Marti Technologies' dynamic pricing model can boost revenue and user satisfaction, potentially increasing market share and profitability, impacting stock performance positively.

Source: Business Wire
Market Sentiment: Neutral
MRT stock latest news image
Quick Summary

Marti has reached 1.6 million riders and 255,000 drivers, showing 15% growth in six months. It targets a $2 billion revenue potential from a $9โ€“$12 billion TAM with a 10% take rate model.

Why It Matters

Marti's rapid growth in riders and drivers, along with a substantial revenue potential in a large TAM, signals strong market positioning and future profitability, attracting investor interest.

Source: Seeking Alpha
Market Sentiment: Positive
MRT stock latest news image
Quick Summary

Marti Technologies (NYSE American: MRT) elected Alex Spiro as a Class II director at its 2024 annual meeting. Spiro is a litigator and partner at Quinn Emanuel and Chairman of Glassbridge Enterprises.

Why It Matters

The election of Alex Spiro to Marti's Board enhances its governance and strategic direction, potentially boosting investor confidence and impacting stock performance.

Source: Business Wire
Market Sentiment: Neutral
MRT stock latest news image
Quick Summary

Marti Technologies reported 1.61 million ride-hailing riders and 255,000 registered drivers as of December 15, 2024, surpassing its targets and reflecting a 15% growth since September 30, 2024.

Why It Matters

Marti Technologies' strong growth in riders and drivers indicates robust demand, potentially leading to increased revenue and market share, which can positively impact stock performance.

Source: Business Wire
Market Sentiment: Neutral

Frequently Asked Questions About MRT Stock

What is Marti Technologies Inc's (MRT) stock forecast for 2025?

Based on our analysis of 4 Wall Street analysts, Marti Technologies Inc (MRT) has a median price target of $3.00. The highest price target is $3.00 and the lowest is $3.00.

Is MRT stock a good investment in 2025?

According to current analyst ratings, MRT has 0 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $3.03. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for MRT stock?

Wall Street analysts predict MRT stock could reach $3.00 in the next 12 months. This represents a -1.0% decrease from the current price of $3.03. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Marti Technologies Inc's business model?

The company operates a mobility app that offers various transportation options, including ride-hailing for cars, motorcycles, and taxis, alongside a fleet of e-mopeds, e-bikes, and e-scooters. It generates revenue through ride fares, subscription packages, and possibly partnerships with drivers and vehicle providers.

What is the highest forecasted price for MRT Marti Technologies Inc?

The highest price target for MRT is $3.00 from at , which represents a -1.0% decrease from the current price of $3.03.

What is the lowest forecasted price for MRT Marti Technologies Inc?

The lowest price target for MRT is $3.00 from at , which represents a -1.0% decrease from the current price of $3.03.

What is the overall MRT consensus from analysts for Marti Technologies Inc?

The overall analyst consensus for MRT is neutral. Out of 4 Wall Street analysts, 0 rate it as Buy, 1 as Hold, and 0 as Sell, with a median price target of $3.00.

How accurate are MRT stock price projections?

Stock price projections, including those for Marti Technologies Inc, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.