Marti TechnologiesMRT
MRT
About: Marti Technologies Inc is 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 7,407 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
475% more capital invested
Capital invested by funds: $4.22M [Q3] → $24.3M (+$20.1M) [Q4]
45% more funds holding
Funds holding: 11 [Q3] → 16 (+5) [Q4]
8.77% more ownership
Funds ownership: 3.71% [Q3] → 12.48% (+8.77%) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$7
128%
upside
Avg. target
$7
128%
upside
High target
$7
128%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Litchfield Hills Theodore O'Neill 20% 1-year accuracy 1 / 5 met price target | 128%upside $7 | Buy Initiated | 14 Apr 2025 |
Financial journalist opinion
Neutral
Business Wire
3 weeks 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.
Neutral
Business Wire
3 weeks 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.
Neutral
Seeking Alpha
2 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.
Neutral
Business Wire
3 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.
Positive
Seeking Alpha
3 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.
Neutral
Business Wire
3 months ago
Marti's Ride-Hailing Service Introduces Dynamic Pricing to Improve Rider Experience, Increase Driver Earnings, and Increase Company Revenue
ISTANBUL--(BUSINESS WIRE)--Türkiye's leading mobility super app, Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT) today announced the launch of its dynamic pricing model, designed to improve service efficiency and enhance user satisfaction in its ride-hailing service. This innovative pricing strategy adjusts ride-hailing fares in real-time based on supply and demand, ensuring that riders receive timely service while helping drivers maximize their earnings. The launch of.
Positive
Seeking Alpha
3 months ago
Unlocking Marti's $8 Billion Opportunity
Marti surpassed 1.6 million riders and 255,000 drivers, achieving 15% ride growth in six months. Estimated at $9–$12 billion TAM, with Marti positioned to capture a $2 billion revenue potential. Marti's driver subscription model implies a 10% effective take rate, offering $800 million initial revenue potential.
Neutral
Business Wire
3 months ago
Marti Announces Election of Alex Spiro to Its Board of Directors
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility super app, today announced the election of Alex Spiro to its Board of Directors as a Class II director at the Company's 2024 annual general meeting of shareholders. In addition to being a well known litigator and partner at Quinn Emanuel Urquhart & Sullivan LLP, Mr. Spiro serves as Chairman of Glassbridge Enterprises and is a board member and strategic advisor to a.
Neutral
Business Wire
4 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
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility super app, announced today that as of December 15, 2024, Marti's ride-hailing service has reached 1.61 million riders and 255 thousand registered drivers, exceeding the December 31, 2024 targets of 1.60 million riders and 245 thousand registered drivers. Marti's number of ride-hailing riders grew 15% from September 30, 2024 to December 15, 2024. The number of registere.
Neutral
Business Wire
4 months ago
Marti Expects to Reach Positive Free Cash Flow in 2025
ISTANBUL--(BUSINESS WIRE)--Türkiye's leading mobility super app, Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT) announces its expectation to reach positive free cash flow in 2025 and presents 2025 guidance. After two years of investing in growing its ride-hailing business, Marti announced in October 2024 that it has begun monetizing its ride-hailing service. As the only at scale ride-hailing operator in the country, together with the monetization of its ride-hailing se.
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