Research Analysts Issue Forecasts for Marti Technologies Q3 Earnings

Key Points

• Litchfield Hills Research forecasts a Q3 2026 loss of $0.04 per share for Marti Technologies, with a projected FY2026 loss of $0.29 per share. Its estimates turn positive in Q2 2027 and reach $0.10 per share for FY2027.
• Marti reported a quarterly loss of $0.15 per share on revenue of $19.98 million in its latest earnings release.
• Analyst sentiment remains favorable, with three Buy ratings and one Hold rating, producing a “Moderate Buy” consensus and an average price target of $3.92 versus the stock’s $2.14 opening price.

Marti Technologies, Inc. (NYSEAMERICAN:MRT - Free Report) - Equities research analysts at Litchfield Hills Research issued their Q3 2026 earnings estimates for shares of Marti Technologies in a research note issued on Monday, August 31st. Litchfield Hills Research analyst T. O'neill forecasts that the company will post earnings of ($0.04) per share for the quarter. The consensus estimate for Marti Technologies' current full-year earnings is ($0.19) per share. Litchfield Hills Research also issued estimates for Marti Technologies' Q4 2026 earnings at ($0.02) EPS, FY2026 earnings at ($0.29) EPS, Q1 2027 earnings at ($0.01) EPS, Q2 2027 earnings at $0.01 EPS, Q3 2027 earnings at $0.04 EPS, Q4 2027 earnings at $0.06 EPS and FY2027 earnings at $0.10 EPS.

Marti Technologies (NYSEAMERICAN:MRT - Get Free Report) last released its earnings results on Friday, August 14th. The company reported ($0.15) earnings per share (EPS) for the quarter. The company had revenue of $19.98 million during the quarter.

A number of other equities research analysts also recently commented on MRT. Alliance Global Partners initiated coverage on Marti Technologies in a report on Thursday, July 2nd. They set a "buy" rating and a $4.00 target price for the company. Cantor Fitzgerald reduced their price target on shares of Marti Technologies from $2.40 to $2.20 and set a "neutral" rating for the company in a research report on Monday, August 24th. Benchmark raised their price target on shares of Marti Technologies from $5.00 to $6.00 and gave the stock a "buy" rating in a research report on Thursday, August 20th. Roth Capital set a $3.50 price objective on shares of Marti Technologies in a report on Thursday, August 20th. Finally, Citigroup reaffirmed a "buy" rating on shares of Marti Technologies in a report on Thursday, August 20th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $3.92.

Marti Technologies Price Performance

Shares of MRT stock opened at $2.14 on Wednesday. Marti Technologies has a fifty-two week low of $1.12 and a fifty-two week high of $2.75. The stock's 50-day simple moving average is $1.76 and its 200-day simple moving average is $1.93.

Institutional Trading of Marti Technologies

An institutional investor recently raised its stake in Marti Technologies stock. Arbiter Partners Capital Management LLC increased its stake in shares of Marti Technologies, Inc. (NYSEAMERICAN:MRT - Free Report) by 24.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 286,254 shares of the company's stock after acquiring an additional 56,319 shares during the period. Arbiter Partners Capital Management LLC owned about 0.33% of Marti Technologies worth $573,000 as of its most recent filing with the Securities & Exchange Commission. 20.71% of the stock is currently owned by institutional investors.

About Marti Technologies

Marti Technologies Inc is a mobility app, offering multiple transportation services to its riders. Marti operates a ride-hailing service that matches riders with car, motorcycle, and taxi drivers, and operates a large fleet of rental e-mopeds, e-bikes, and e-scooters. All of Marti's offerings are serviced by proprietary software systems and IoT infrastructure.

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