Marti Technologies, Inc.

MRT

US5731341039

Software

End-of-day quote Nyse Other stock markets 18:00:00 2024-05-23 EDT			5-day change	1st Jan Change
1.75 ^USD	+2.94%		-3.85%	+169.23%

05-17	Marti Technologies Hires Oguz Erkan as CFO	MT
05-17	Marti Technologies, Inc. Announces Changes to Chief Financial Officer	CI

Marti Technologies, Inc. announced that it has received $7.5 million in funding from New Holland Capital, LLC

March 21, 2024

Marti Technologies, Inc. entered into a convertible note subscription agreement with returning investor 405 MSTV I LP, a fund managed by New Holland Capital, LLC for gross proceeds of $7,500,000 on March 22, 2024.

Latest news about Marti Technologies, Inc.

Marti Technologies Hires Oguz Erkan as CFO	05-17	MT
Marti Technologies, Inc. Announces Changes to Chief Financial Officer	05-17	CI
Marti Technologies, Inc.'s Equity Buyback Plan Extended for 3 months.	04-23	CI
Marti Technologies, Inc. Provides Earnings Guidance for the Full Year 2024	04-16	CI
Marti Technologies, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	04-16	CI
Marti Technologies, Inc. announced that it has received $7.5 million in funding from New Holland Capital, LLC	03-21	CI
Marti Technologies Acquires Zoba's Intellectual Property, Software Assets	02-05	MT
Marti Technologies, Inc. acquired Assets of Zoba Inc.	02-04	CI
Marti Technologies, Inc. Introduces Multi-Modal Subscription Packages to Increase Rider Usage and Improve the Operational Efficiency of Its Two-Wheeleled Electric Vehicle Business	01-29	CI
Marti Technologies, Inc. announces an Equity Buyback for $2.5 million worth of its shares.	01-10	CI
Marti Technologies, Inc. authorizes a Buyback Plan.	01-09	CI
Cantor Fitzgerald Starts Coverage on Marti Technologies with Overweight Rating, $0.90 Price Target	11-29	MT
Marti Technologies, Inc. Completes Deployment of 4,000 New Custom Designed E-Mopeds Supporting Its Sustainability Targets	11-07	CI
Marti Technologies, Inc. Announces Executive Changes	23-10-19	CI
Marti Technologies, Inc. Provides Earnings Guidance for Its Full Year 2023	23-10-13	CI
Top Premarket Decliners	23-07-13	MT
Marti Technologies Inc. completed the acquisition of Galata Acquisition Corp. from a group of shareholders in a reverse merger transaction.	23-07-09	CI

Chart Marti Technologies, Inc.

Duration

Period

More charts

Company Profile

Marti Technologies, Inc. offers a mobility application, offering multiple transportation services to its riders. The Company operates a ride-hailing service that matches riders with car and motorcycle drivers. It operates a fleet of rental e-mopeds, e-bikes, and e-scooters. The Companyâs offerings are serviced by software systems and Internet of things (IoT) infrastructure. Its artificial intelligence (AI)-powered software as a service (SaaS) platform focuses on critical components of its ride-hailing business, such as rider-driver matching algorithm and its dynamic pricing engine. The Company offers environmentally sustainable transportation services to its riders. Its rentable services are delivered via fully electric two-wheeled vehicles, and its ride-hailing service promotes shared trips, thereby contributing to environmental sustainability through reduced emissions in the cities where it operates.

Sector

Software

More about the company

Income Statement Evolution

More financial data

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

1.75 USD

Average target price

2.1 USD

Spread / Average Target

+20.00%

Consensus

Quarterly revenue - Rate of surprise

Company calendar

Sector Application Software

	1st Jan change	Capi.
MARTI TECHNOLOGIES, INC.	+169.23%	100M
ADOBE INC.	-20.31%	213B
WORKDAY INC.	-19.98%	58.61B
ROPER TECHNOLOGIES, INC.	-0.09%	58.3B
AUTODESK, INC.	-11.74%	45.97B
DATADOG, INC.	+1.83%	41.34B
ELECTRONIC ARTS INC.	-1.28%	36.11B
ANSYS, INC.	-8.75%	28.91B
APPLOVIN CORPORATION	+106.15%	27.03B
PTC INC.	+4.60%	21.91B

Application Software