On May 5, 2025, Marti Technologies (MRT, Financial) received new analyst attention as Benchmark's analyst Fawne Jiang initiated coverage on the company's stock. The coverage came with a "Buy" rating, signaling a positive outlook on the company's future performance.
The report included a price target announcement for MRT, set at USD 5.00. This price target reflects the analyst's projected valuation for Marti Technologies, considering current and future market conditions.
Marti Technologies (MRT, Financial) is listed on the American Stock Exchange (AMEX), and the initiation of coverage by a reputable firm like Benchmark could influence investor sentiment and trading activity.
This initiation of coverage emphasizes the interest of analysts in Marti Technologies (MRT, Financial), which could potentially drive heightened attention from investors and impact the stock's market performance positively in the upcoming trading sessions.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 4 analysts, the average target price for Marti Technologies Inc (MRT, Financial) is $5.19 with a high estimate of $7.00 and a low estimate of $3.00. The average target implies an upside of 71.77% from the current price of $3.02. More detailed estimate data can be found on the Marti Technologies Inc (MRT) Forecast page.
Based on the consensus recommendation from 4 brokerage firms, Marti Technologies Inc's (MRT, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
