IPO Year: 2021
Exchange: AMEX
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/5/2025 | $5.00 | Buy | The Benchmark Company |
| 5/5/2025 | $5.75 | Buy | Roth Capital |
| 1/7/2025 | $3.00 | Overweight → Neutral | Cantor Fitzgerald |
6-K - Marti Technologies, Inc. (0001852767) (Filer)
6-K - Marti Technologies, Inc. (0001852767) (Filer)
6-K - Marti Technologies, Inc. (0001852767) (Filer)
SCHEDULE 13D/A - Marti Technologies, Inc. (0001852767) (Subject)
20-F - Marti Technologies, Inc. (0001852767) (Filer)
6-K - Marti Technologies, Inc. (0001852767) (Filer)
6-K - Marti Technologies, Inc. (0001852767) (Filer)
SCHEDULE 13G - Marti Technologies, Inc. (0001852767) (Subject)
6-K - Marti Technologies, Inc. (0001852767) (Filer)
6-K - Marti Technologies, Inc. (0001852767) (Filer)
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The Benchmark Company initiated coverage of Marti Technologies with a rating of Buy and set a new price target of $5.00
Roth Capital initiated coverage of Marti Technologies with a rating of Buy and set a new price target of $5.75
Cantor Fitzgerald downgraded Marti Technologies from Overweight to Neutral and set a new price target of $3.00
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Ride-hailing momentum and platform subscription package revenue drive operating leverage, significantly improving profitability and supporting to full-year positive Adjusted EBITDA Türkiye's leading mobility super app Marti Technologies, Inc. ("Marti" or the "Company") (NYSE:MRT) today announced its financial and operational results for the first quarter ended March 31, 2026, delivering strong revenue growth and continued operating leverage across its multi-service mobility platform. Financial and Operational Highlights for First Quarter 2026 Marketplace demand accelerated across the platform: Total trips increased 93% YoY to 16.2 million and unique platform consumers grew 89% YoY to
Marti Technologies, Inc. ("Marti") (NYSE:MRT), Türkiye's leading mobility super app, will announce its financial and operational results for the quarter ended March 31, 2026 ("2026 First Quarter Results") before the U.S. markets open on Thursday, May 21, 2026. Conference Call and Webcast Details Marti's management will host an analyst and investor conference call and live webcast to discuss its 2026 First Quarter Results at 3:30 p.m. Istanbul / 1:30 p.m. London / 8:30 a.m. New York time on Thursday, May 21, 2026. Live webcast can be accessed via: https://event.choruscall.com/mediaframe/webcast.html?webcastid=K1eltxBt Participant Dial-In: +1 877-485-3103 / +1 201-689-8890 A repla
Türkiye's leading mobility super app Marti Technologies, Inc. ("Marti" or the "Company") (NYSE:MRT) today announced a new share repurchase program. The Company's Board of Directors (the "Board") authorized a new share repurchase program under which the Company may repurchase up to $2.5 million of its outstanding Class A ordinary shares until October 26, 2026 (the "Repurchase Program"). The Repurchase Program replaces the Company's prior share repurchase program, which was authorized on January 10, 2024 and expired on April 9, 2026. In addition, the Board established a ceiling price of $6.00 per share for the share repurchases. As of market close on April 24, 2026, the Company's share pric
Marti Technologies, Inc. ("Marti" or the "Company") (NYSE:MRT), Türkiye's leading mobility super app, announced that it has filed its annual report on Form 20-F, including its financial results, for the fiscal year ended December 31, 2025 (the "2025 Annual Report") with the U.S. Securities and Exchange Commission. The 2025 Annual Report can be accessed under the "Financial Info" section of the Company's investor relations website at https://ir.marti.tech/. In addition, Marti shareholders may receive, free of charge, a hard copy of the Company's complete financial statements by requesting a copy from the contact below. About Marti: Founded in 2018, Marti is Türkiye's leading mobility a
Performance Well in Excess of Targets, Including Revenue, Adjusted EBITDA, and Gross Profit Margin Türkiye's leading mobility super app Marti Technologies, Inc. ("Marti" or the "Company") (NYSE:MRT) today announced its financial and operational results for the full year ended December 31, 2025. Financial and Operational Highlights for the Full Year 2025 Strong Platform Services Growth and Scaling: Continued strong platform momentum, exceeding operational ride-hailing targets throughout the year, with all-time unique ride-hailing riders up 103% YoY and registered ride-hailing drivers up 72% YoY, driven by expanded service availability and increased adoption across cities. Improved
Marti Technologies, Inc. ("Marti") (NYSE:MRT), Türkiye's leading mobility super app, will announce its financial and operational results for the fiscal year ended December 31, 2025 ("2025 Fiscal Year Results") before the U.S. markets open on Monday, April 13, 2026. Conference Call and Webcast Details Marti's management will host an analyst and investor conference call and live webcast to discuss its 2025 Fiscal Year Results at 3:30 p.m. Istanbul / 1:30 p.m. London / 8:30 a.m. New York time on Monday, April 13, 2026. Live webcast can be accessed via: https://event.choruscall.com/mediaframe/webcast.html?webcastid=PQ0M9Tj5 Participant Dial-In: +1 877-485-3103 / +1 201-689-8890 A re
Marti sets new targets for June 30, 2026 of 4.30 million riders and 530 thousand registered drivers Marti Technologies, Inc. ("Marti" or the "Company") (NYSE:MRT), Türkiye's leading mobility super app, announced today that as of March 17, 2026, Marti's ride-hailing service has reached 3.80 million riders and 490 thousand registered drivers, exceeding the March 31, 2026 targets of 3.80 million riders and 485 thousand registered drivers. Marti's number of ride-hailing riders grew 101% from March 17, 2025 to March 17, 2026. The number of registered drivers grew 70% during the same time period. The fast growth in both the rider and driver sides of Marti's ride-hailing marketplace demonstrat
Marti Technologies, Inc. ("Marti" or the "Company") (NYSE:MRT), Türkiye's leading mobility super app, today 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 sustainable growth, stakeholder alignment, and responsible value creation. The Marti Shareholder Loyalty Program provides verified retail shareholders with exclusive benefits directly connected to the everyday use of Marti's mobility services. By linking ownership with platform engagement, the initiative reinforces the alignment between long-term shareholders and Marti's mission to deliver technology-driven solutions
Marti sets new targets for March 31, 2026 of 3.80 million riders and 485 thousand registered drivers Marti Technologies, Inc. ("Marti" or the "Company") (NYSE:MRT), Türkiye's leading mobility super app, announced today that as of December 31, 2025, Marti's ride-hailing service has reached 3.38 million riders and 450 thousand registered drivers, exceeding the December 31, 2025 targets of 3.30 million riders and 450 thousand registered drivers. Marti's number of ride-hailing riders grew 34% from August 12, 2025 to December 31, 2025. The number of registered drivers grew 26% during the same time period. The fast growth in both the rider and driver sides of Marti's ride-hailing marketplace
Marti Technologies, Inc. ("Marti" or the "Company") (NYSE:MRT), Türkiye's leading mobility super app, today announced that it expects to exceed guidance for 2025. In addition, the Company has initiated strong guidance for 2026. For 2026, Marti expects $70 million of revenue, representing over 2x year-over-year revenue growth, and to achieve positive adjusted EBITDA. The anticipated revenue growth and positive adjusted EBITDA are expected to be driven by several key factors, including the: 1) continued rapid growth in the number of ride-hailing trips, 2) increasing take rates in monetized cities, 3) introduction of monetization in new cities first launched in 2025, and 4) growing volume
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4 - Marti Technologies, Inc. (0001852767) (Issuer)
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Live Leadership Updates
BRANFORD, Conn., Sept. 04, 2025 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE:SACH) (the "Company"), a real estate lender specializing in originating, underwriting, funding, servicing, and managing a portfolio of loans secured by first mortgages on real property, today announced that it has named Jeffery C. Walraven Executive Vice President and Chief Financial Officer, effective as of September 1, 2025. Mr. Walraven has served as the Company's Interim Chief Financial Officer since December 2024. In conjunction with this appointment, Mr. Walraven has resigned from the Company's Board of Directors on which he has served since August 2024. "We are pleased to have completed our search for a
Marti Technologies, Inc. ("Marti" or the "Company") (NYSE:MRT), Türkiye's leading mobility super app, announced today the appointment of Cankut Durgun, the Company's Co-founder and President, to the additional role of Chief Operating Officer, effective as of June 12, 2025. In this expanded role, Mr. Durgun will continue to lead Marti's strategic initiatives as President, while also assuming responsibility for overseeing the Company's day-to-day operations. His operational focus will include driving execution across Marti's high-growth ride-hailing operations and its established two-wheeled electric vehicle operations. "I'm excited to further contribute to Marti's operational excellence
Marti Technologies, Inc. ("Marti" or the "Company") (NYSE: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 across Europe and Türkiye for companies of various sizes. He joins Marti from Newport Shipping UK, where he served as Managing Director from 2021 to 2024. In this role, he managed a global team of approximately 200 employees. Prior to Newp
Marti Technologies, Inc. ("Marti" or the "Company") (NYSE:MRT), Türkiye's leading mobility super app, today announced that it has appointed Deniz Terlemez as its new Interim Chief Financial Officer ("CFO"), effective November 1, 2024. Deniz Terlemez succeeds Oguz Erkan, the Company's former CFO. Mr. Terlemez served as the Company's Finance Director before his appointment as Interim CFO. "We would like to thank Oguz Erkan for his integral contributions to the Company at a critical juncture. Oguz was instrumental in setting up the ride-hailing monetization capabilities of our organization. We are currently building on these strong foundations as we scale the monetization of our ride-hailing
BRANFORD, Conn., Aug. 26, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (the "Company" or "Sachem Capital"), announced today that its Board of Directors (the "Board") has appointed Jeffery C. Walraven to the Board, effective August 21, 2024. Mr. Walraven will also stand for election at the Company's 2024 Annual Meeting of Shareholders. "We are pleased to welcome Jeffery Walraven to our Board," said John L. Villano, CEO and Chairman of the Board of Sachem Capital. "Jeff's deep experience in the real estate industry, especially in public company leadership, accounting and capital markets, will be invaluable to Sachem Capital as we grow our business and pursue value creation for our sharehol
Marti Technologies, Inc. ("Marti" or the "Company") (NYSE:MRT), Türkiye's leading mobility super app, today announced that it has appointed Oguz Erkan as its new Chief Financial Officer ("CFO"), effective May 17, 2024. Oguz Erkan replaces the Company's former CFO, Cem Yasar Ozey. "We welcome Oguz Erkan as Marti's new CFO. Oguz is an experienced finance executive, having led the finance departments of the Turkish subsidiaries of US publicly listed companies. He brings his knowledge of managing the finances of companies at scale, at a period when Marti is focused on scaling its business by introducing new services and growing its existing services. Oguz has a track record of dedication to c
Live finance-specific insights
Ride-hailing momentum and platform subscription package revenue drive operating leverage, significantly improving profitability and supporting to full-year positive Adjusted EBITDA Türkiye's leading mobility super app Marti Technologies, Inc. ("Marti" or the "Company") (NYSE:MRT) today announced its financial and operational results for the first quarter ended March 31, 2026, delivering strong revenue growth and continued operating leverage across its multi-service mobility platform. Financial and Operational Highlights for First Quarter 2026 Marketplace demand accelerated across the platform: Total trips increased 93% YoY to 16.2 million and unique platform consumers grew 89% YoY to
Marti Technologies, Inc. ("Marti") (NYSE:MRT), Türkiye's leading mobility super app, will announce its financial and operational results for the quarter ended March 31, 2026 ("2026 First Quarter Results") before the U.S. markets open on Thursday, May 21, 2026. Conference Call and Webcast Details Marti's management will host an analyst and investor conference call and live webcast to discuss its 2026 First Quarter Results at 3:30 p.m. Istanbul / 1:30 p.m. London / 8:30 a.m. New York time on Thursday, May 21, 2026. Live webcast can be accessed via: https://event.choruscall.com/mediaframe/webcast.html?webcastid=K1eltxBt Participant Dial-In: +1 877-485-3103 / +1 201-689-8890 A repla
Performance Well in Excess of Targets, Including Revenue, Adjusted EBITDA, and Gross Profit Margin Türkiye's leading mobility super app Marti Technologies, Inc. ("Marti" or the "Company") (NYSE:MRT) today announced its financial and operational results for the full year ended December 31, 2025. Financial and Operational Highlights for the Full Year 2025 Strong Platform Services Growth and Scaling: Continued strong platform momentum, exceeding operational ride-hailing targets throughout the year, with all-time unique ride-hailing riders up 103% YoY and registered ride-hailing drivers up 72% YoY, driven by expanded service availability and increased adoption across cities. Improved
Marti Technologies, Inc. ("Marti") (NYSE:MRT), Türkiye's leading mobility super app, will announce its financial and operational results for the fiscal year ended December 31, 2025 ("2025 Fiscal Year Results") before the U.S. markets open on Monday, April 13, 2026. Conference Call and Webcast Details Marti's management will host an analyst and investor conference call and live webcast to discuss its 2025 Fiscal Year Results at 3:30 p.m. Istanbul / 1:30 p.m. London / 8:30 a.m. New York time on Monday, April 13, 2026. Live webcast can be accessed via: https://event.choruscall.com/mediaframe/webcast.html?webcastid=PQ0M9Tj5 Participant Dial-In: +1 877-485-3103 / +1 201-689-8890 A re
70% Revenue Increase and Narrowing Losses Marti Continues Monetization of Ride-Hailing Business, Increases Service Availability Across Türkiye, and Invests for Rapid Growth Türkiye's leading mobility super app Marti Technologies, Inc. ("Marti" or the "Company") (NYSE:MRT) today announced its financial and operational results for the six-month period ended June 30, 2025. Financial and Operational Highlights for the First Half of 2025 Ride-Hailing Growth Surpasses Targets: Rapid growth of ride-hailing service, with 2.28M unique ride-hailing riders (up 107% YoY) and 327 thousand registered ride-hailing drivers (an increase of 92% YoY) as of period-end, exceeding operational targets th
Marti Technologies, Inc. ("Marti") (NYSE:MRT), Türkiye's leading mobility super app, will announce its financial and operational results for the six-month period ended June 30, 2025 ("2025 First Half Results") before the U.S. markets open on Monday, September 22, 2025. Conference Call and Webcast Details Marti's management will host an analyst and investor conference call and live webcast to discuss its 2025 First Half Results at 3:30 p.m. Istanbul / 1:30 p.m. London / 8:30 a.m. New York time on Monday, September 22, 2025. Live webcast can be accessed via: https://event.choruscall.com/mediaframe/webcast.html?webcastid=Jl55ehEG Participant Dial-In: 877-485-3103 / +1 201-689-8890
Türkiye's leading mobility super app Marti Technologies, Inc. ("Marti" or the "Company") (NYSE: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 year Financial Outperformance Driven by Monetization of Ride-Hailing: Revenue of $18.7M, a net loss of $73.9M, and Adjusted EBITDA of $(19.3)M, surpassing 2024 guidance of $16.6M in revenue and $(22.5)M in Adjusted EBITDA, as a result
Marti Technologies, Inc. ("Marti") (NYSE: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. Live webcast can be accessed via: https://event.choruscall.com/mediaframe/webcast.html?webcastid=KyUxGfY3 Participant Dial-In: 877-485-3103 / +1 201-689-8890 A replay will be available on the Marti Investor Relations website https://i
Türkiye's leading mobility super app Marti Technologies, Inc. ("Marti" or the "Company") (NYSE:MRT) today announced its financial and operational results for the first half of 2024. Financial and Operational Highlights for the First Half of 2024 Capital efficient investments in ride-hailing produce performance exceeding operational targets Revenue of $8.4M, net loss of $21.9M, and adjusted EBITDA of $(11.3)M in 1H'24. On track to achieve FY'24 guidance of $16.6M revenue and $(22.5)M adjusted EBITDA Successful execution of operational efficiencies in two-wheeled electric vehicle rental business contributes to adjusted EBITDA neutral performance in 1H'24, representing a $4.4M increase
Marti Technologies, Inc. ("Marti") (NYSE:MRT), Türkiye's leading mobility super app, will announce its 2024 first half financial and operational results before the U.S. markets open on Monday, September 30, 2024. Conference Call and Webcast Details Marti's management will host an analyst and investor conference call and live webcast to discuss its financial and operational results at 3:30 p.m. Istanbul / 1:30 p.m. London / 8:30 a.m. New York time on Monday, September 30, 2024. Live webcast can be accessed via: https://event.choruscall.com/mediaframe/webcast.html?webcastid=ccnVKwav Participant Dial-In: 877-485-3103 / +1 201-689-8890 A replay will be available on the Marti Investor Rela