Litchfield Hills Research Comments on Marti Technologies FY2027 Earnings

Marti Technologies, Inc. (NYSEAMERICAN:MRT) – Research analysts at Litchfield Hills Research issued their FY2027 earnings per share estimates for Marti Technologies in a research report issued to clients and investors on Thursday, April 16th. Litchfield Hills Research analyst T. O’neill expects that the company will earn ($0.15) per share for the year.

Marti Technologies (NYSEAMERICAN:MRT) last posted its earnings results on Saturday, February 14th. The company reported ($0.14) earnings per share (EPS) for the quarter. The firm had revenue of $12.46 million for the quarter.

A number of other analysts also recently weighed in on the company. Roth Mkm set a $4.00 target price on Marti Technologies in a research report on Monday. Cantor Fitzgerald reduced their price target on Marti Technologies from $3.00 to $2.15 and set an “overweight” rating on the stock in a research note on Tuesday. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $3.08.

Marti Technologies Stock Performance

Shares of NYSEAMERICAN MRT opened at $2.15 on Friday. Marti Technologies has a 52 week low of $1.97 and a 52 week high of $3.70. The business has a 50-day simple moving average of $2.06 and a two-hundred day simple moving average of $2.31.

Marti Technologies Company Profile

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.