Marti Technologies Shares Rise After Guidance Shows 2026 Revenue Doubling

MT Newswires Live

2025/12/24

Marti Technologies (MRT) shares rose 4.9% in recent Tuesday trading after the company said it expects to top 2025 guidance and projected that revenue will more than double in 2026.

"We are on track to exceed our 2025 guidance, driven by continued momentum in ride-hailing as we expand" across Turkey, Chief Executive Officer Oguz Alper Oktem said Tuesday in a statement.

The Istanbul-based company forecast 2026 revenue of $70 million, up from $34 million expected this year. Adjusted earnings before interest, taxes, depreciation, and amortization may reach $1 million, compared with an expected loss of $17 million in 2025.

Analysts surveyed by FactSet expect 2026 revenue of $74.9 million.

Price: 2.35, Change: +0.11, Percent Change: +4.91

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