Marti Technologies Appoints New CFO to Drive Growth

An announcement from Marti Technologies ( (MRT) ) is now available.

Marti Technologies announced the appointment of Cenk Özeker as its new Chief Financial Officer, effective May 14, 2025. Özeker brings over 25 years of international finance experience, having held senior roles in various industries. His expertise is expected to support Marti’s growth and expansion as the company continues to scale. The appointment marks a strategic move for Marti as it aims to enhance its operational excellence and shareholder value. The company also expressed gratitude to Deniz Terlemez for his service as Interim CFO during a transitional period.

The most recent analyst rating on (MRT) stock is a Buy with a $5.75 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 Neutral.

Marti Technologies is currently facing financial difficulties, with significant challenges across income, balance sheet, and cash flow statements. However, the company is showing potential for growth in its ride-hailing segment, backed by strategic initiatives and market leadership. The technical indicators are neutral, and valuation remains unattractive due to negative earnings. While the earnings call provided a positive outlook, the company’s financial health remains a major concern, leading to a relatively low overall stock score.

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

More about Marti Technologies

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

Average Trading Volume: 54,938

Technical Sentiment Signal: Buy

Current Market Cap: $237.1M

For a thorough assessment of MRT stock, go to TipRanks’ Stock Analysis page.