- The price prediction of Mullen Automotive stock looks bullish in 2024.
- The maximum price level of MULN stock can be around $7.21 in 2024.
- MULN stock can reach the maximum price level of $9.83 in 2025.
- Mullen Automotive Stock can reach $15.34 in 2030.
Mullen Automotive is one of the most popular automotive and EV stocks in the market. If you’re looking for the Mullen Automotive (MULN) stock price prediction in the long term, this analysis can be helpful for you. Our prediction is based on an AI/ML algorithm and deep technical analysis of MULN stock.
Mullen Automotive Stock Price Prediction
| Year | Average Price | Maximum Price |
|---|---|---|
| 2024 | $5.27 | $7.21 |
| 2025 | $6.44 | $9.83 |
| 2026 | $7.25 | $10.04 |
| 2027 | $7.58 | $10.61 |
| 2028 | $8.19 | $12.43 |
| 2029 | $9.54 | $13.06 |
| 2030 | $10.26 | $15.34 |
Disclaimer: This price prediction is not investment advice. Our content is for information purposes only and can be speculative. Stocks are volatile and can change their price direction at any time. Before making an investment decision in any stock do your proper research or take guidance from a registered financial advisor.
Mullen Automotive stock is a trending automobile stock in the market, despite the company’s performance not going as expected by the investors. Mullen Automotive gave a great return to its investors in 2012 when it created a new ATH (all-time high) level. However, the historical performance of Mullen Automotive stock looks bearish and has continuously decreased every year since 2012.
By the last few months’ performances, Mullen Automotive looks one of the worst performer stocks. In the recent Bearish events, MULN stock has lost its value by 85%. As per our forecast, the value of MULN stock will hardly touch its recent ATH this decade. However, there are strong possibilities that if the market sees a good bull run, Mullen Automotive may recover some value.
Mullen Automotive Inc (MULN) overview
| Stock Name | Mullen Automotive Inc |
| Ticker Symbol | MULN |
| Country | USA (NASDAQ) |
| Official Website | mullenusa.com |
| Sector | Automobile Manufacturer |
| Market Cap | $26.01 Million |
| All-time high | 20002500.20 (October 09, 2012) |
| CEO | David Michery |
| Competitors | Rivian, Polestar, Rimac Automobili, Xiaopeng. |
Mullen Automotive Stock Price Prediction 2024
Along with other automobile stocks, the value of Mullen Automotive may recover from long bearish events this year. As per our prediction, the average price level of MULN stock can be around $5.27 in 2024. If current performance continues the MULN stock can touch the maximum price level of $7.21 in 2024. According to some market experts, automobile stocks may achieve their recent position in the next few months.
Mullen Automotive Stock Price Prediction 2025
As per our price prediction, the average price of Mullen Automotive stock can be around $6.44 in 2025. MULN stock may perform better in 2025 due to the mass adoption of MULN Cars. The performance of MULN stock can be bullish in 2025 but it will hardly touch the recent ATH level. If current growth continues, our maximum prediction for MULN is $9.83 in 2025. However, if the market gets bullish, MULN may surge more than our prediction in 2025.
Mullen Automotive Stock Price Prediction 2026
As per our prediction, Mullen Automotive stock may recover a significant value this year. If the market performs as per our calculation the maximum value of MULN may touch $10.04 in 2026. The year 2026 can end with an average value of $7.25 in 2026. According to some market experts, the bearish environment can last till 2025 so we have high expectations from 2026.
Mullen Automotive Stock Price Prediction 2027
The demand for EVs may increase in the upcoming years. MULN prices may soar and give a good profit this year. As per our price prediction, the average value of MULN stock can be around $7.58 in 2027. If the market sees some good movement the value of MULN may skyrocket and surpass most price predictions. As per our calculation, the maximum value of MULN stock can be around $10.61 in 2027.
Mullen Automotive Stock Price Prediction 2028
As per our price prediction, the average value of MULN stock can be around $8.19 in 2028. Mullen Automotive is an emerging automobile maker and it has the potential to touch great highs in the long term. If the market turns bullish the maximum price of MULN stock may touch $12.43 in 2028. MULN may also launch new products to increase its market value by 2028 which can help MULN to recover its value.
Mullen Automotive Stock Price Prediction 2029
The average value of the Mullen Automotive stock can be around $9.54 in 2029 if we calculate it through the current performance. MULN can be a profitable investment in the long term. As per our prediction, the maximum value of MULN stocks can be around $13.06 in 2029. If MULN launches new initiatives or more investors are attracted to the project in between these years the value of MULN can be much higher in 2029 than our prediction.
Mullen Automotive Stock Price Prediction 2030
MULN stock can give great returns if you can hold it till 2030. As per our long-term prediction, MULN stock may recover significant value by this year. In 2030, we may expect an average value of $10.26 for MULN stock. If the market gets bullish, MULN may surge more than our prediction and cross our predicted average level. The maximum value of MULN stock can be around $15.34 in 2030.
Is Mullen Automotive a good stock to buy?
Mullen Automotive stock has gained huge popularity in a short amount of time but now the investment in this EV Company looks extremely risky. Mullen performed well in recent years but now like other EV stocks, it is also struggling to gain its position. However, MULN is one of the trending EV stocks that can surprise its investors.
Mullen stock is often pumping but now the company is unable to provide positive input to the market. As per our technical analysis, if you’re a smart investor, you can bid on Mullen but caution is needed. Stock predictions are not always accurate. Mullen and other stocks are subject to market risk. Before making an investment decision in MULN or any other stock proper risk management is suggested.
FAQs
What is the price target for Mullen Automotive stock?
Many analysts in the market have given different price targets for MULN stock. The latest average price target for MULN is $10.12.
Will Mullen Automotive stock ever recover?
MULN stocks have crossed $50 in 2021 but currently MULN stock is struggling to gain its recent position. As per our long-term prediction, there is no signal that MULN stock will recover or touch the last ATH very soon. However, if MULN launches attractive products and investors believe in the company, MULN stock can skyrocket at any time.
Is Mullen going out of business?
Some market experts have indicated that Mullen Automotive is facing a bankruptcy risk. The company is also struggling with cash burn and rising interest rates.
Will Mullen Automotive stock be delisted?
According to some media reports, Mullen has received a delisting determination from Nasdaq Staff for failure to maintain a minimum $1.00 bid requirement. However, there is no clear indication from Nasdaq yet about the delisting of Mullen Automotive stock.
Is Mullen Automotive a real company?
Mullen is listed in the world’s one of the largest stock exchanges (NASDAQ: MULN) which makes the company trustable. However, it’s another topic that the company is not performing up to the mark. Mullen Automotive is a California-based automotive company that is building clean and scalable energy solutions and electric vehicles.
Is Mullen stock dead?
Mullen Automotive stock holds negative signals in the industry but it’s not dead yet. Some market analysts believe that Mullen Automotive may face bankruptcy by 2025.
Will MULN stock stock go up?
MULN is planning to launch new products that may help the LCID stock go up. However, it’s not easy to predict the accurate price behavior of MULN or any other stock. The current market sentiments look bearish but the performance of MULN stock may improve with the company’s performance.
Will MULN stock crash?
MULN stock is recovering and it may rise slowly. According to some market analysts along with other EV stocks, the MULN stock may also crash. However, as per the current market situation, the growth of MULN can be slow or bearish but it doesn’t look like it will crash again.
Where will Mullen stock be in 5 years?
The long-term prediction for MULN looks bullish but the actual value of MULN stock in five years depends on many factors like the company’s financial performance, demand, and supply of MULN products. As per our price prediction, the maximum price level of MULN can be between $10 to $15 in the next 5 years, if current growth continues.
Where will Mullen stock be in 10 years?
If we measure the past performance of MULN and the current market situation the long-term prediction of MULN stock looks bullish. The market movement can be positive in the upcoming months. Even if the current performance continues, MULN stocks’s value can be around $20 to $35 in the next 10 years. However, if you’re looking for big gains with MULN stocks, it depends upon which type of investment you choose, for the long term or the short one.
Is Mullen Automotive a good long-term investment?
It’s almost impossible to predict the accurate value of stocks but a long-term investment in MULN looks profitable. As we have measured the performance of MULN year by year it looks risky. If the company launches new products or attracts more customers, MULN stocks may skyrocket in upcoming years. We suggest our readers conduct the maximum level of research before making any investment decision in Mullen Automotive.
Is Mullen stock undervalued?
Many stock market analysts believe the MULN stock is undervalued by 80%. MULN is a promising renewable energy and EV company that is working in the emerging automobile sector. EV is one of the trending segments, which is the major cause some market analyst thinks that MULN stock is undervalued.
Will Mullen Automotive stock survive?
Mullen Automotive stock has lost a significant value in the recent bearish events. As per our fundamental analysis, Mullen stock has still the potential to survive. If the company starts new initiatives and surprises the market Mullen stocks can skyrocket. However, most analysts are not positive for Mullen.
