Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
MRT
Upturn stock ratingUpturn stock rating

Marti Technologies Inc. (MRT)

Upturn stock ratingUpturn stock rating
$2.5
Last Close (24-hour delay)
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

09/12/2025: MRT (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

4 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $5.15

1 Year Target Price $5.15

Analysts Price Target For last 52 week
$5.15 Target price
52w Low $1.76
Current$2.5
52w High $3.89

Analysis of Past Performance

Type Stock
Historic Profit -27.67%
Avg. Invested days 27
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 09/12/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 196.77M USD
Price to earnings Ratio -
1Y Target Price 5.15
Price to earnings Ratio -
1Y Target Price 5.15
Volume (30-day avg) 4
Beta 0.33
52 Weeks Range 1.76 - 3.89
Updated Date 09/14/2025
52 Weeks Range 1.76 - 3.89
Updated Date 09/14/2025
Dividends yield (FY) -
Basic EPS (TTM) -1.25

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -463.53%

Management Effectiveness

Return on Assets (TTM) -135.61%
Return on Equity (TTM) 85.43%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 192194086
Price to Sales(TTM) 10.55
Enterprise Value 192194086
Price to Sales(TTM) 10.55
Enterprise Value to Revenue 10.3
Enterprise Value to EBITDA -7.88
Shares Outstanding 78708496
Shares Floating 31133622
Shares Outstanding 78708496
Shares Floating 31133622
Percent Insiders 49.66
Percent Institutions 13.36

ai summary icon Upturn AI SWOT

Marti Technologies Inc.

stock logo

Company Overview

overview logo History and Background

Marti Technologies Inc. (MRTI) operates an online transportation and ridesharing platform in Turkey. It focuses on providing a smart transportation system in Turkey's cities using electric scooters, mopeds, and cars.

business area logo Core Business Areas

  • Ridesharing Platform: Offers a platform for users to access and rent electric scooters, mopeds, and cars for urban transportation within Turkey. Facilitates bookings, payments, and tracking of vehicles.

leadership logo Leadership and Structure

The leadership team consists of experienced individuals in technology, transportation, and operations. The organizational structure typically involves departments for engineering, marketing, operations, finance, and customer service.

Top Products and Market Share

overview logo Key Offerings

  • Electric Scooters: Electric scooters for short-distance urban travel. No specific market share data available. Competitors include BinBin, Palm, and HOP!
  • Number of users or revenue from this product: Exact data unavailable.
  • Electric Mopeds: Electric mopeds for slightly longer urban journeys. No specific market share data available. Competitors include YOYO, GO Sharing and Bolt.
  • Number of users or revenue from this product: Exact data unavailable.
  • Electric Cars: Electric cars for longer-distance urban travel. No specific market share data available. Competitors include Zipcar and Getaround.
  • Number of users or revenue from this product: Exact data unavailable.

Market Dynamics

industry overview logo Industry Overview

The ridesharing and micromobility industry is growing rapidly, driven by urbanization, environmental concerns, and the desire for convenient transportation options. Turkey is a developing market with potential for growth.

Positioning

Marti is positioned as a leading provider of electric micromobility and ridesharing services in Turkey, focusing on affordability and accessibility.

Total Addressable Market (TAM)

The TAM for micromobility and ridesharing in Turkey is estimated to be significant due to its large urban population. Marti is positioned to capture a substantial share of this market.

Upturn SWOT Analysis

Strengths

  • First-mover advantage in Turkish market
  • Strong brand recognition in Turkey
  • Wide range of electric vehicles offered
  • Established infrastructure in major cities

Weaknesses

  • Limited geographical presence (primarily Turkey)
  • Reliance on regulatory environment
  • Dependence on weather conditions
  • Profitability concerns

Opportunities

  • Expansion into new Turkish cities
  • Partnerships with local businesses
  • Integration with public transportation
  • Development of new mobility solutions

Threats

  • Increased competition from international players
  • Changes in government regulations
  • Economic downturn in Turkey
  • Vandalism and theft of vehicles

Competitors and Market Share

competitor logo Key Competitors

  • Gett US Stock Symbol
  • Uber US Stock Symbol
  • Bolt (Private)

Competitive Landscape

Marti's competitive advantages include its local market knowledge and brand recognition in Turkey. Disadvantages include limited financial resources compared to larger international competitors.

Growth Trajectory and Initiatives

Historical Growth: Historical growth can be assessed through past revenue and user growth. More information is needed to provide details.

Future Projections: Future growth projections depend on market conditions, competition, and the company's ability to execute its strategy. Analyst estimates would be required.

Recent Initiatives: Recent initiatives might include expansion into new cities, launching new vehicle types, and implementing marketing campaigns.

Summary

Marti Technologies is a ridesharing platform in Turkey, with focus on electric scooters, mopeds and cars. It's a first mover in Turkey but faces competition from giants. The company needs to focus on increasing profitability and expanding within Turkey. Regulatory issues and economic factors in Turkey are areas to watch. Its success relies on strategic partnerships and further expansion within the region.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Website
  • Public Filings
  • Industry Reports
  • Analyst Reports (where available)

Disclaimers:

This analysis is based on publicly available information and limited data. Specific financial details are unavailable. The analysis is for informational purposes only and does not constitute investment advice.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Marti Technologies Inc.

Exchange NYSE
Headquaters -
IPO Launch date 2016-09-29
Founder, CEO & Chairman Mr. Oguz Alper Oktem
Sector Technology
Industry Software - Application
Full time employees 442
Full time employees 442

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 in 2018 and is headquartered in Istanbul, Turkey.