Marti Technologies (AMEX: MRT) is a company described as Türkiye's leading mobility super app. It provides a range of transportation services, including ride-hailing, across various cities in the country. The company's performance is often watched by analysts who provide insights into its potential stock value.
On April 13, 2026, analyst firm Roth Capital adjusted its outlook on Marti Technologies, lowering its price target to $4.00. At the time of this announcement, the stock was trading at $2.08 per share. This new target represents a significant potential upside of 92.31% from that price.
This analyst rating follows the release of Marti Technologies' full-year 2025 results. As highlighted by Business Wire, Marti Technologies' revenue grew by 110% year-over-year to $39.20 million, surpassing its guidance by 15%. The company also achieved a strong gross profit margin of 61%, showing its ability to retain a large portion of its revenue after accounting for the cost of services.
The company also shows progress in managing its finances. Its net loss narrowed by $32.40 million to $41.40 million. Adjusted EBITDA, a measure of operational profitability, improved by $7.20 million to a loss of $12.10 million. This indicates that the company's core business operations are becoming more efficient.
This financial improvement is supported by strong growth in its user base. According to a Q4 2025 earnings call transcript, unique ride-hailing riders increased by 103%. The number of registered drivers also grew by 72% over the year, reflecting wider adoption of Marti Technologies' services.