Marti Technologies Extends Share Repurchase Program

Marti Technologies ( (MRT) ) has provided an announcement.

On October 1, 2025, Marti Technologies announced an extension to its share repurchase program, allowing for the repurchase of up to $2.5 million of its Class A ordinary shares until April 9, 2026. The program, initially started in January 2024, maintains a ceiling price of $6.00 per share, with the company’s share price at $2.00 as of October 1, 2025. This strategic move may influence Marti’s market positioning by potentially enhancing shareholder value and demonstrating confidence in the company’s intrinsic value.

The most recent analyst rating on (MRT) stock is a Buy with a $5.00 price target. To see the full list of analyst forecasts on Marti Technologies stock, see the MRT Stock Forecast page.

Spark’s Take on MRT Stock

According to Spark, TipRanks’ AI Analyst, MRT is a Underperform.

Marti Technologies’ overall stock score is primarily impacted by its poor financial performance, characterized by declining revenues, negative profit margins, and high leverage. The technical analysis supports a bearish outlook with weak momentum indicators. Valuation concerns further weigh down the score due to ongoing losses and lack of dividends. While the earnings call provided some positive insights into revenue growth and operational improvements, these are not sufficient to offset the significant financial challenges.

To see Spark’s full report on MRT stock, click here.

More about Marti Technologies

Founded in 2018, Marti Technologies, Inc. is Türkiye’s leading mobility app, offering a range of transportation services including ride-hailing and a fleet of rental e-mopeds, e-bikes, and e-scooters. The company leverages proprietary software systems and IoT infrastructure to support its operations.

Average Trading Volume: 111,057

Technical Sentiment Signal: Sell

Current Market Cap: $157.4M

See more data about MRT stock on TipRanks’ Stock Analysis page.