Marti Technologies, Inc. (MRT)Technology | Software - Application | Istanbul, Turkey | NYSE American
2.26 USD
-0.02
(-0.877%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 2.26 |
Hot Take ↕ | Aug. 22, 2026, 5:25 a.m. EDT
The immediate outlook is neutral to slightly cautious despite a recent price bounce, as the statistical forecast model offers a weak bearish lean with low confidence, suggesting the recent rally may be noise rather than a trend reversal. However, the long-term investment case is severely compromised by deteriorating fundamentals; the company is burning significant cash with negative operating and free cash flows, trading at a forward P/E of 71x on negligible earnings, and carries a debt load nearly nine times its cash reserves. While the stock has recovered significantly from a 92% drop in 2023, the current trajectory shows no sustained profitability or margin expansion, making it a speculative gamble rather than a viable long-term holding. There is absolutely no dividend income to offset these risks. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.149624 |
| AutoETS | 0.151589 |
| AutoARIMA | 0.152812 |
| AutoTheta | 0.153013 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 41% |
| H-stat | 1.44 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.322 |
| Excess Kurtosis | -0.94 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Revenue per Share | 0.718 |
| Market Cap | 194,232,976 |
| Forward P/E | 75.33 |
| Beta | 0.31 |
| Profit Margins | -69.78% |
| Previous Name | Galata Acquisition Corp. |
| Website | https://www.marti.tech |
| Attribute | Value |
|---|---|
| 52 Week Change | -0.05439329 |
| Address1 | Buyukdere Cd. No:237 |
| Address2 | Maslak Sariyer |
| All Time High | 17.725 |
| All Time Low | 0.44 |
| Ask | 2.36 |
| Ask Size | 1,600 |
| Average Analyst Rating | 1.3 - Strong Buy |
| Average Daily Volume10 Day | 70,270 |
| Average Daily Volume3 Month | 59,190 |
| Average Volume | 59,190 |
| Average Volume10Days | 70,270 |
| Beta | 0.312 |
| Bid | 2.26 |
| Bid Size | 300 |
| Book Value | -0.968 |
| City | Istanbul |
| Country | Turkey |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 2.26 |
| Current Ratio | 1.352 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 2.32 |
| Day Low | 2.245 |
| Earnings Call Timestamp End | 1,787,169,600 |
| Earnings Call Timestamp Start | 1,787,169,600 |
| Earnings Timestamp | 1,787,142,600 |
| Earnings Timestamp End | 1,794,832,200 |
| Earnings Timestamp Start | 1,794,832,200 |
| Ebitda | -16,319,702 |
| Ebitda Margins | -0.27052 |
| Enterprise To Ebitda | -17.787 |
| Enterprise To Revenue | 4.812 |
| Enterprise Value | 290,283,136 |
| Eps Forward | 0.03 |
| Eps Trailing Twelve Months | -0.5 |
| Esg Populated | 0 |
| Exchange | ASE |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 1.7474 |
| Fifty Day Average Change | 0.51259995 |
| Fifty Day Average Change Percent | 0.29335007 |
| Fifty Two Week Change Percent | -5.439329 |
| Fifty Two Week High | 2.75 |
| Fifty Two Week High Change | -0.49 |
| Fifty Two Week High Change Percent | -0.17818183 |
| Fifty Two Week Low | 1.12 |
| Fifty Two Week Low Change | 1.14 |
| Fifty Two Week Low Change Percent | 1.0178571 |
| Fifty Two Week Range | 1.12 - 2.75 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,630,330,200,000 |
| Float Shares | 26,936,425 |
| Forward Eps | 0.03 |
| Forward P E | 75.333336 |
| Free Cashflow | -5,236,624 |
| Full Exchange Name | NYSE American |
| Full Time Employees | 473 |
| Fullday Change | -0.02 |
| Fullday Change Percent | -0.877192 |
| Fullday Price | 2.26 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.72091 |
| Gross Profits | 43,490,572 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.60117 |
| Held Percent Institutions | 0.13863 |
| Implied Shares Outstanding | 85,943,792 |
| Industry | Software - Application |
| Industry Disp | Software - Application |
| Industry Key | software-application |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | Marti Technologies, Inc. provides tech-enabled urban transportation services to riders in Turkey. It operates a mobility app that provides multiple transportation services, such as a ride-hailing service which matches riders with car, motorcycle, and taxi drivers, as well as operates a fleet of e-mopeds, e-bikes, and e-scooters. The company was founded in 2018 and is headquartered in Istanbul, Turkey. |
| Long Name | Marti Technologies, Inc. |
| Market | us_market |
| Market Cap | 194,232,976 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_664931771 |
| Most Recent Quarter | 1,782,777,600 |
| Name Change Date | 2,026-08-29 |
| Net Income To Common | -42,095,612 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 195,951,845 |
| Number Of Analyst Opinions | 6 |
| Open | 2.25 |
| Operating Cashflow | -9,177,835 |
| Operating Margins | -0.00676 |
| Payout Ratio | 0.0 |
| Phone | 90 850 308 34 19 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 2.26 |
| Post Market Time | 1,787,959,906 |
| Prev Name | Galata Acquisition Corp. |
| Previous Close | 2.28 |
| Price Hint | 4 |
| Price To Book | -2.3347108 |
| Price To Sales Trailing12 Months | 3.2196498 |
| Profit Margins | -0.69778997 |
| Quick Ratio | 0.973 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.33333 |
| Region | US |
| Regular Market Change | -0.02 |
| Regular Market Change Percent | -0.877192 |
| Regular Market Day High | 2.32 |
| Regular Market Day Low | 2.245 |
| Regular Market Day Range | 2.245 - 2.32 |
| Regular Market Open | 2.25 |
| Regular Market Previous Close | 2.28 |
| Regular Market Price | 2.26 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 53,399 |
| Return On Assets | -0.49432 |
| Revenue Growth | 1.407 |
| Revenue Per Share | 0.718 |
| Sand P52 Week Change | 0.20204377 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Shares Outstanding | 85,943,792 |
| Shares Percent Shares Out | 0.0008 |
| Shares Short | 69,580 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 88,406 |
| Short Name | Marti Technologies, Inc. |
| Short Percent Of Float | 0.0016 |
| Short Ratio | 1.66 |
| Source Interval | 15 |
| Symbol | MRT |
| Target High Price | 7.0 |
| Target Low Price | 2.2 |
| Target Mean Price | 4.78333 |
| Target Median Price | 5.0 |
| Total Cash | 12,502,660 |
| Total Cash Per Share | 0.144 |
| Total Debt | 106,991,632 |
| Total Revenue | 60,327,360 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.5 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 2.02479 |
| Two Hundred Day Average Change | 0.23520994 |
| Two Hundred Day Average Change Percent | 0.1161651 |
| Type Disp | Equity |
| Volume | 53,399 |
| Website | https://www.marti.tech |
| Zip | 34,485 |