{"id":1931,"date":"2026-03-18T01:40:33","date_gmt":"2026-03-17T22:40:33","guid":{"rendered":"https:\/\/tabildot.com.tr\/marketrisk\/?p=1931"},"modified":"2026-03-18T01:41:44","modified_gmt":"2026-03-17T22:41:44","slug":"ttrak-analist-tavsiyeleri-analizi-202512-trk-traktr-as","status":"publish","type":"post","link":"https:\/\/tabildot.com.tr\/marketrisk\/1931","title":{"rendered":"\ud83d\udd34 TTRAK Analist Tavsiyeleri Analizi 2025\/12 | T\u00fcrk Trakt\u00f6r AS"},"content":{"rendered":"<p><iframe loading=\"lazy\" title=\"T\u00fcrk Trakt\u00f6r De\u011fer Tuza\u011f\u0131 m\u0131 F\u0131rsat m\u0131? Analist Tavsiyelerinin de\u011ferlendirmesi - 17.03.2026\" width=\"858\" height=\"644\" src=\"https:\/\/www.youtube.com\/embed\/QLRfd2FYzlM?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h1>TTRAK (T\u00fcrk Trakt\u00f6r) Stratejik Analiz ve Finansal G\u00f6r\u00fcn\u00fcm Brifingi<\/h1>\n<h2>Y\u00f6netici \u00d6zeti<\/h2>\n<p>T\u00fcrk Trakt\u00f6r ve Ziraat Makineleri A.\u015e. (TTRAK), 2025 ve 2026 y\u0131llar\u0131n\u0131n ilk \u00e7eyre\u011fini kapsayan veriler \u0131\u015f\u0131\u011f\u0131nda, operasyonel karl\u0131l\u0131kta belirgin bir daralma ve finansal g\u00f6stergelerde a\u015fa\u011f\u0131 y\u00f6nl\u00fc bir seyir izlemektedir. 17 Mart 2026 itibar\u0131yla 461,00 TL seviyesinde i\u015flem g\u00f6ren hisse, y\u0131ll\u0131k bazda %42,34 oran\u0131nda de\u011fer kaybetmi\u015ftir. \u015eirketin net d\u00f6nem kar\u0131, 2024 y\u0131l sonuna k\u0131yasla %93,95 oran\u0131nda azalarak 454,8 milyon TL seviyesine gerilemi\u015ftir. Bu sert d\u00fc\u015f\u00fc\u015fe ra\u011fmen, 18 farkl\u0131 kurumdan gelen analist tavsiyelerinin ortalama hedef fiyat\u0131 686,63 TL olup, bu rakam %48,94 oran\u0131nda bir yukar\u0131 y\u00f6nl\u00fc potansiyele i\u015faret etmektedir. Teknik g\u00f6stergeler k\u0131sa ve orta vadede &#8220;Al&#8221; sinyalleri \u00fcretirken, temel veriler finansman giderlerindeki art\u0131\u015f ve i\u00e7 piyasadaki talep daralmas\u0131yla bask\u0131lanmaktad\u0131r.<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>Finansal Performans ve Gelir Tablosu Analizi<\/h2>\n<p>\u015eirketin gelir tablosu, hem hacim hem de karl\u0131l\u0131k marjlar\u0131 a\u00e7\u0131s\u0131ndan ciddi bir k\u00fc\u00e7\u00fclmeyi yans\u0131tmaktad\u0131r. 2024\/12 ile 2025\/12 d\u00f6nemleri aras\u0131ndaki kar\u015f\u0131la\u015ft\u0131rmal\u0131 veriler \u015fu \u015fekildedir:<\/p>\n<h3>Sat\u0131\u015f Performans\u0131 ve Br\u00fct Kar<\/h3>\n<ul>\n<li><b>Has\u0131lat:<\/b> 87,6 milyar TL&#8217;den 53,8 milyar TL&#8217;ye gerileyerek %38,58 oran\u0131nda bir d\u00fc\u015f\u00fc\u015f kaydetmi\u015ftir.<\/li>\n<li><b>Yurt \u0130\u00e7i Sat\u0131\u015flar:<\/b> %43,55 oran\u0131nda azalarak 51,5 milyar TL&#8217;ye d\u00fc\u015fm\u00fc\u015ft\u00fcr. Bu durum, yerel pazardaki talebin zay\u0131flad\u0131\u011f\u0131n\u0131 g\u00f6stermektedir.<\/li>\n<li><b>Yurt D\u0131\u015f\u0131 Sat\u0131\u015flar:<\/b> G\u00f6rece daha diren\u00e7li kalm\u0131\u015f, %6,71&#8217;lik s\u0131n\u0131rl\u0131 bir d\u00fc\u015f\u00fc\u015fle 17,2 milyar TL olarak ger\u00e7ekle\u015fmi\u015ftir.<\/li>\n<li><b>Br\u00fct Kar:<\/b> %56,22 oran\u0131nda azalarak 7,4 milyar TL&#8217;ye gerilemi\u015f; br\u00fct kar marj\u0131 ise %19,29&#8217;dan %13,75&#8217;e \u00e7ekilmi\u015ftir.<\/li>\n<\/ul>\n<h3>Kar Marjlar\u0131 ve Giderler<\/h3>\n<ul>\n<li><b>Net Esas Faaliyet Kar\u0131:<\/b> %80,03 oran\u0131nda d\u00fc\u015f\u00fc\u015fle 2,08 milyar TL seviyesine inmi\u015ftir.<\/li>\n<li><b>Net D\u00f6nem Kar\u0131:<\/b> 2024 y\u0131l\u0131ndaki 7,51 milyar TL seviyesinden 454,8 milyon TL&#8217;ye gerileyerek %93,95&#8217;lik bir kay\u0131p ya\u015fam\u0131\u015ft\u0131r.<\/li>\n<li><b>Finansman Giderleri:<\/b> %43,96 oran\u0131nda artarak 6,58 milyar TL&#8217;ye y\u00fckselmi\u015ftir. Bu art\u0131\u015f, net kar\u0131n bask\u0131lanmas\u0131ndaki en \u00f6nemli unsurlardan biridir.<\/li>\n<li><b>Ar-Ge Giderleri:<\/b> Genel giderlerdeki d\u00fc\u015f\u00fc\u015f e\u011filiminin aksine, Ar-Ge harcamalar\u0131 %10,44 artarak 761 milyon TL&#8217;ye ula\u015fm\u0131\u015ft\u0131r.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>Bilan\u00e7o ve Finansal Yap\u0131<\/h2>\n<p>\u015eirketin varl\u0131k yap\u0131s\u0131 ve kaynak da\u011f\u0131l\u0131m\u0131, daralan operasyon hacmine paralel olarak k\u00fc\u00e7\u00fclm\u00fc\u015ft\u00fcr.<\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Kalem<\/td>\n<td>2024\/12 (TL)<\/td>\n<td>2025\/12 (TL)<\/td>\n<td>De\u011fi\u015fim (%)<\/td>\n<\/tr>\n<tr>\n<td><b>D\u00f6nen Varl\u0131klar<\/b><\/td>\n<td>30.078.628.832<\/td>\n<td>22.733.430.133<\/td>\n<td>-24,42<\/td>\n<\/tr>\n<tr>\n<td><b>Duran Varl\u0131klar<\/b><\/td>\n<td>16.955.398.333<\/td>\n<td>16.872.092.345<\/td>\n<td>-0,49<\/td>\n<\/tr>\n<tr>\n<td><b>Toplam Varl\u0131klar<\/b><\/td>\n<td>47.034.027.165<\/td>\n<td>39.605.522.478<\/td>\n<td>-15,79<\/td>\n<\/tr>\n<tr>\n<td><b>Toplam \u00d6zkaynaklar<\/b><\/td>\n<td>22.209.113.369<\/td>\n<td>16.714.729.077<\/td>\n<td>-24,74<\/td>\n<\/tr>\n<tr>\n<td><b>Net Bor\u00e7<\/b><\/td>\n<td>4.146.934.670<\/td>\n<td>8.743.941.158<\/td>\n<td>+110,85<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>Finansal Sa\u011fl\u0131k Rasyolar\u0131<\/h3>\n<ul>\n<li><b>Cari Oran:<\/b> 1,43&#8217;ten 1,22&#8217;ye gerileyerek likidite tamponunun zay\u0131flad\u0131\u011f\u0131n\u0131 g\u00f6stermektedir.<\/li>\n<li><b>Bor\u00e7\/Kaynak Oran\u0131:<\/b> %52,78&#8217;den %57,80&#8217;e y\u00fckselmi\u015ftir.<\/li>\n<li><b>\u00d6zsermaye Karl\u0131l\u0131\u011f\u0131 (Y\u0131ll\u0131k):<\/b> %42,91 gibi y\u00fcksek bir seviyeden %2,91&#8217;e keskin bir d\u00fc\u015f\u00fc\u015f ya\u015fam\u0131\u015ft\u0131r.<\/li>\n<li><b>Net Bor\u00e7 \/ FAV\u00d6K:<\/b> 0,03&#8217;ten 1,54 seviyesine y\u00fckselmi\u015ftir.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>Piyasa De\u011ferlemesi ve Hisse Senedi Performans\u0131<\/h2>\n<p>17 Mart 2026 itibar\u0131yla piyasa verileri, hissenin tarihsel \u00e7arpanlar\u0131na g\u00f6re olduk\u00e7a y\u00fcksek bir Fiyat\/Kazan\u00e7 (FK) oran\u0131yla i\u015flem g\u00f6rd\u00fc\u011f\u00fcn\u00fc ortaya koymaktad\u0131r.<\/p>\n<ul>\n<li><b>Piyasa De\u011feri:<\/b> 46,13 Milyar TL (1,05 Milyar USD).<\/li>\n<li><b>Fiyat\/Kazan\u00e7 (FK):<\/b> 101,43 (2024\/12 d\u00f6neminde 9,99 seviyesindeydi).<\/li>\n<li><b>Piyasa De\u011feri \/ Defter De\u011feri (PD\/DD):<\/b> 2,76.<\/li>\n<li><b>Hisse Ba\u015f\u0131na Kar:<\/b> 4,55 TL (\u00d6nceki d\u00f6nem 75,09 TL).<\/li>\n<li><b>Getiri Analizi:<\/b> Hisse son bir ayda %17,24, son bir y\u0131lda ise %42,34 de\u011fer kaybetmi\u015ftir.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>Analist Tavsiyeleri ve Hedef Fiyatlar<\/h2>\n<p>Farkl\u0131 yat\u0131r\u0131m kurulu\u015flar\u0131 taraf\u0131ndan payla\u015f\u0131lan g\u00fcncel hedef fiyatlar, mevcut 461,00 TL&#8217;lik fiyat\u0131n \u00fczerinde bir konsens\u00fcs olu\u015ftu\u011funu g\u00f6stermektedir:<\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Kurum<\/td>\n<td>Tavsiye<\/td>\n<td>G\u00fcncellenme Tarihi<\/td>\n<td>Hedef Fiyat (TL)<\/td>\n<\/tr>\n<tr>\n<td><b>Ahlatc\u0131<\/b><\/td>\n<td>Tut<\/td>\n<td>10 \u015eubat 2026<\/td>\n<td>873,00<\/td>\n<\/tr>\n<tr>\n<td><b>\u0130nfo<\/b><\/td>\n<td>&#8211;<\/td>\n<td>25 Nisan 2025<\/td>\n<td>804,30<\/td>\n<\/tr>\n<tr>\n<td><b>Yat\u0131r\u0131m Finansman<\/b><\/td>\n<td>Endekse Paralel<\/td>\n<td>02 \u015eubat 2026<\/td>\n<td>750,00<\/td>\n<\/tr>\n<tr>\n<td><b>Ak Yat\u0131r\u0131m<\/b><\/td>\n<td>Endekse Paralel<\/td>\n<td>10 \u015eubat 2026<\/td>\n<td>725,00<\/td>\n<\/tr>\n<tr>\n<td><b>\u0130ntegral<\/b><\/td>\n<td>&#8211;<\/td>\n<td>10 \u015eubat 2026<\/td>\n<td>720,00<\/td>\n<\/tr>\n<tr>\n<td><b>\u0130\u015f Yat\u0131r\u0131m<\/b><\/td>\n<td>Tut<\/td>\n<td>13 \u015eubat 2026<\/td>\n<td>710,00<\/td>\n<\/tr>\n<tr>\n<td><b>Vak\u0131f Yat\u0131r\u0131m<\/b><\/td>\n<td>Tut<\/td>\n<td>10 \u015eubat 2026<\/td>\n<td>700,00<\/td>\n<\/tr>\n<tr>\n<td><b>Halk Yat\u0131r\u0131m<\/b><\/td>\n<td>Tut<\/td>\n<td>10 \u015eubat 2026<\/td>\n<td>693,00<\/td>\n<\/tr>\n<tr>\n<td><b>Tacirler<\/b><\/td>\n<td>Tut<\/td>\n<td>11 \u015eubat 2026<\/td>\n<td>680,00<\/td>\n<\/tr>\n<tr>\n<td><b>Oyak Yat\u0131r\u0131m<\/b><\/td>\n<td>Endekse Paralel<\/td>\n<td>10 \u015eubat 2026<\/td>\n<td>670,00<\/td>\n<\/tr>\n<tr>\n<td><b>A1 Capital<\/b><\/td>\n<td>Al<\/td>\n<td>19 \u015eubat 2026<\/td>\n<td>657,00<\/td>\n<\/tr>\n<tr>\n<td><b>TEB Yat\u0131r\u0131m<\/b><\/td>\n<td>Endeks Alt\u0131<\/td>\n<td>02 \u015eubat 2026<\/td>\n<td>570,00<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>Operasyonel ve Teknik G\u00f6stergeler<\/h2>\n<h3>Teknik G\u00f6r\u00fcn\u00fcm<\/h3>\n<p>K\u0131sa vadeli g\u00f6stergeler genel olarak &#8220;Al&#8221; konumundad\u0131r. Orta vadeli g\u00f6stergeler son d\u00f6nemde belirgin &#8220;Al&#8221; sinyalleri vermeye ba\u015flam\u0131\u015f olup, hisse k\u0131sa-orta vadeli hareketli ortalamalar\u0131n\u0131n \u00fczerinde seyretmektedir.<\/p>\n<ul>\n<li><b>RSI:<\/b> 33,54<\/li>\n<li><b>Momentum:<\/b> 90,22<\/li>\n<li><b>Stokastik:<\/b> 76,71<\/li>\n<li><b>MACD:<\/b> -26,35<\/li>\n<\/ul>\n<h3>Faaliyet Verimlili\u011fi<\/h3>\n<ul>\n<li><b>Alacak Tahsil S\u00fcresi:<\/b> 20,87 g\u00fcnden 29,47 g\u00fcne uzam\u0131\u015ft\u0131r.<\/li>\n<li><b>Stok Devir H\u0131z\u0131:<\/b> 6,54&#8217;ten 4,49&#8217;a gerilemi\u015ftir.<\/li>\n<li><b>\u0130hracat Oran\u0131:<\/b> Toplam sat\u0131\u015flar i\u00e7indeki pay\u0131 %16,81&#8217;den %25,03&#8217;e y\u00fckselerek \u015firketin d\u00f6viz bazl\u0131 gelir kapasitesini art\u0131rm\u0131\u015ft\u0131r.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>Kurumsal Yap\u0131 ve \u00d6nemli Haberler<\/h2>\n<p>\u015eirketin ortakl\u0131k yap\u0131s\u0131nda Ko\u00e7 Holding ve CNH \u00d6sterreich GMBH stratejik ortaklar olarak \u00f6ne \u00e7\u0131kmaktad\u0131r.<\/p>\n<ul>\n<li><b>Ortakl\u0131k Yap\u0131s\u0131:<\/b> CNH \u00d6sterreich GMBH (%37,50), Ko\u00e7 Holding A.\u015e. (%37,50), Di\u011fer\/Halka A\u00e7\u0131k (%25,00).<\/li>\n<li><b>Sermaye:<\/b> 100.066.875 TL \u00f6denmi\u015f sermaye.<\/li>\n<li><b>Son Geli\u015fmeler:<\/b>\n<ul>\n<li><b>13.03.2026:<\/b> Yat\u0131r\u0131m Te\u015fvik Belgesi onay\u0131 al\u0131nm\u0131\u015ft\u0131r.<\/li>\n<li><b>09.03.2026:<\/b> Ola\u011fan Genel Kurul kar da\u011f\u0131t\u0131m sonucu a\u00e7\u0131klanm\u0131\u015ft\u0131r.<\/li>\n<li><b>09.03.2026:<\/b> Esas s\u00f6zle\u015fme de\u011fi\u015fikli\u011fi Genel Kurul taraf\u0131ndan onaylanm\u0131\u015ft\u0131r.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<button class=\"simplefavorite-button\" data-postid=\"1931\" data-siteid=\"1\" data-groupid=\"1\" data-favoritecount=\"0\" style=\"\">Favorile <i class=<\/button>","protected":false},"excerpt":{"rendered":"<p>TTRAK Analiz: Analistlerin T\u00fcrk Trakt\u00f6r \u0130\u00e7in Hedef Fiyat Beklentileri ve Getiri Potansiyeli<br \/>\n\u00d6zet: T\u00fcrk Trakt\u00f6r (TTRAK) hissesi, 2025 y\u0131l\u0131 finansal sonu\u00e7lar\u0131n\u0131n ard\u0131ndan analistlerin radar\u0131nda kalmaya devam ediyor. 18 farkl\u0131 arac\u0131 kurumun g\u00fcncel raporlar\u0131na g\u00f6re hisse i\u00e7in ortalama hedef fiyat 686,63 TL olarak belirlenirken, bu rakam mevcut fiyat \u00fczerinden yakla\u015f\u0131k %49\u2019luk bir getiri potansiyeli sunuyor. &#8220;Al&#8221;, &#8220;Tut&#8221; ve &#8220;Endekse Paralel&#8221; tavsiyeleri aras\u0131nda farkl\u0131la\u015fan kurum g\u00f6r\u00fc\u015fleri, teknik g\u00f6stergelerdeki g\u00fc\u00e7l\u00fc &#8220;Al&#8221; sinyalleri ve 873 TL&#8217;ye kadar uzanan hedef fiyat tahminleri ile TTRAK yat\u0131r\u0131mc\u0131s\u0131 i\u00e7in kritik verileri analiz ettik.<\/p>\n","protected":false},"author":8,"featured_media":1924,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[307],"tags":[229],"class_list":["post-1931","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analist-tavsiyeleri","tag-ttrak"],"_links":{"self":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/1931","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/comments?post=1931"}],"version-history":[{"count":2,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/1931\/revisions"}],"predecessor-version":[{"id":1933,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/1931\/revisions\/1933"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media\/1924"}],"wp:attachment":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media?parent=1931"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/categories?post=1931"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/tags?post=1931"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}