If you’re looking for the Mullen Automotive stock forecast or finding the potential of MULN stock, this forecast can be helpful for you. Our forecast is based on a deep technical analysis and the current performance of MULN stock. Here we will try to analyze the potential of Mullen Automotive (MULN) stock in the long term.
Mullen Automotive stock forecast
| Year | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| 2023 | $0.43 | $0.75 | $0.97 |
| 2024 | $0.64 | $0.86 | $1.08 |
| 2025 | $0.73 | $0.94 | $1.42 |
| 2026 | $0.89 | $1.21 | $1.96 |
| 2027 | $1.29 | $1.85 | $2.17 |
| 2028 | $1.62 | $2.69 | $3.85 |
| 2029 | $2.24 | $3.18 | $5.12 |
| 2030 | $3.53 | $5.69 | $7.46 |
| 2031 | $6.64 | $9.09 | $12.18 |
MULN stock is a trending automobile stock in the market, despite its performance not going as per the expectations of the investors. Mullen Automotive has given a great return to its investors in 2012 when it hits a new ATH (all-time high) level. The MULN stock prices rallied to an all-time high (ATH) of $889.00 in October 2012. However, the historical performance of MULN stock looks bearish and it has gone down continuously every year since 2012.
By the last few month’s performances, Mullen Automotive looks like one of the worst performer stocks. In the recent Bearish events, MULN stock has lost its value by 95%. 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 | $453.58 Million |
| All-time high | $889.00 (October 09, 2012) |
| CEO | David Michery |
| Competitors | Tesla, Polestar, Rimac Automobili, Xiaopeng. |
Mullen Automotive stock forecast 2023
As the whole market is going through bearish events, Mullen Automotive’s performance is looking bullish. As per our forecast, the maximum value of Mullen Automotive stock can be around $0.97 by 2023. According to some market experts, automobile stocks may achieve their recent position in the next few months. The average price of Mullen Automotive can be around $0.75 if current growth continues. And if there is any bearish trend the minimum price of Mullen Automotive can be down up to $0.43. In the next bull rally, the prices of Mullen Automotive may surge more than our long-term Mullen Automotive forecast.
Mullen Automotive stock forecast 2024
Along with other automobile stocks, the value of Mullen Automotive may recover from long bearish events this year. As per our price forecast, Mullen Automotive can touch the maximum price level of $0.81 in 2024. If current performance continues the average price level of Mullen Automotive stock can be around $0.56. However, if there are bearish events in the market the price of Mullen Automotive stock can be around $0.34.
Mullen Automotive stock forecast 2025
The performance of Mullen Automotive can be bullish in 2025 but it will hardly touch the recent ATH. By 2025, we may expect an average price of $0.94 for Mullen Automotive stock. If current growth continues, our maximum forecast for Mullen Automotive is $1.42 in 2025. The minimum price level of Mullen Automotive can be around $0.73 if the market turns bearish. However, if the market gets bullish, Mullen Automotive may surge more than our forecast in 2025.
Mullen Automotive stock forecast 2026
As per our Mullen Automotive forecast, their prices can hit a new ATH level this year. If the market performs as per our calculation the maximum value of Mullen Automotive may touch $1.96 in 2026. The year 2026 can end with an average value of $1.21 in 2026. However, if the market turns bearish, the minimum value of Mullen Automotive can be traded at around $0.89. According to some market experts, the bearish environment can last till 2025 so we have high expectations from 2026.
Mullen Automotive stock forecast 2027
Mullen Automotive prices may soar and cross the last ATH this year. As per our price forecast, the average value of Mullen Automotive stock can be around $1.85 While the minimum value of Mullen Automotive can be around $1.29. If the market sees some good movement the value of Mullen Automotive may skyrocket and surpass most price forecasts. As per our calculation, the maximum value of Mullen Automotive stock can be around $2.17.
Mullen Automotive stock forecast 2028
Mullen Automotive is an established name in the automobile industry and it has the potential to touch great highs in the long term. According to our forecast, the average value of Mullen Automotive stock can be around $2.69 in 2028. If the market turns bullish the maximum price of Mullen Automotive stock may touch $3.85. However, if the market doesn’t perform as per our expectation the minimum price of Mullen Automotive stock can be around $1.62.
Mullen Automotive stock forecast 2029
Mullen Automotive can be a profitable investment in the long term. As per our forecast, the maximum value of Mullen Automotive stocks can be around $5.12. The average value of Mullen Automotive can be around $3.18 if everything goes as per our calculations. However, if the market sees bearish events the minimum value of Mullen Automotive stock can be down up to $2.24. If more investors are attracted to Mullen Automotive in between these years the value of Mullen Automotive can be much higher in 2027 than our forecast.
Mullen Automotive stock forecast 2030
Mullen Automotive stock can give great returns if you can hold it till 2030. As per our long-term Mullen Automotive stock forecast, their value can hit a new ATH level this year. In 2030, we may expect an average value of $5.69 for Mullen Automotive. If the market gets bullish, Mullen Automotive may surge more than our forecast. The maximum value of Mullen Automotive can be around $7.46 in 2030. However, the minimum value of Mullen Automotive can be around $3.53 if the market turns bearish.
Mullen Automotive stock forecast 2031
As per our forecast, the average value of Mullen Automotive stock can be around $9.09 in 2031. The year can end with a maximum value of $12.18 if there is any bullish event. However, if a bearish environment continues in the market the minimum value of Mullen Automotive stock can be around $6.64. There are strong possibilities that Mullen Automotive may touch new highs if there is some positive environment in the market.
Mullen Automotive Inc (MULN) Chart
Is Mullen Automotive (MULN) a good stock to buy?
MULN is one of the most volatile stocks in the market. Mullen Automotive stock has lost its value almost every year if we measure its performance since its last ATH in 2012. MULN stock performed well in its initial years but now it has lost value by 95%. Overall, the Mullen Automotive stock is the riskiest stock. As per our forecast, long-term investment in Mullen Automotive stocks appears to be a good option to consider.
Investors must know that stock forecasts are not always accurate. Even though Mullen Automotive’s performance seems bullish in the long term, Mullen Automotive and other stocks are subject to market risk. If you are a smart investor and believe to make long-term investments, Mullen Automotive can be a good choice. Before making any investment decision in Mullen Automotive or any other stock proper risk management is suggested.
Will Mullen Automotive (MULN) stock recover?
As MULN stock has lost its value almost to zero, many traders can be curious to know whether Mullen Automotive stocks will recover or not. If we measure the last few months’ performances of MULN stock, it doesn’t look like it will recover very soon. As per our long-term forecast, the Mullen Automotive stock may hit $1 between 2025 to 2026.
However, in the stock market, nothing is impossible. As we have seen in the past, a great bull run or bear rally can destroy all the stock forecasts in seconds so it’s not easy to say that the forecasts can be accurate. If more investors are attracted to Mullen Automotive stocks and pump their investment the value of Mullen Automotive may recover before our forecast.
FAQs
What is the latest price target for Mullen Automotive (MULN)?
There are many analysts in the market that has given different price target for Mullen Automotive stock. The latest average price target for Mullen Automotive (MULN) is $0.31.
Will Mullen Automotive (MULN) stock go up?
It’s not easy to forecast the accurate price behavior of Mullen Automotive or any other stock. The current market sentiments look bearish but the performance of Mullen Automotive stocks is looking more volatile.
Will Mullen Automotive (MULN) stock crash?
The Mullen Automotive (MULN) stock has already lost its value by 95% and it is currently one of the most volatile stocks in the market. According to some market analysts, the MULN stock may crash again.
Where will Mullen Automotive stock be in 5 years?
The current performance of Mullen stock looks bearish and their growth can be slow in the next few months. The long-term forecast for Mullen Automotive looks bullish but the actual value of Mullen Automotive stock in five years depends on many factors like the company’s financial performance, demand, and supply of Mullen Automotive products. As per our price forecast, the maximum price level of Mullen Automotive stock may touch $1 in the next 5 years, if current growth continues.
Where will Mullen Automotive stock be in 10 years?
If we measure the past performance of Mullen Automotive and the current market situation the long-term forecast of Mullen Automotive stock looks bullish. The market movement can be positive in the upcoming months which may help Mullen Automotive to create a new ATH level. Even if the current performance continues, Mullen Automotive may cross the price level of $8 in 2030. However, if you’re looking for big gains, it depends upon which type of investment you choose, for the long term or the short one.
Is Mullen Automotive (MULN) a good long term investment?
It’s almost impossible to forecast the accurate value of stocks but a long term investment in Mullen Automotive (MULN) looks profitable. As we have measured the performance of Mullen Automotive year by year it looks volatile but in the long-term its value may improve. If MULN stock attracts more investors its value may skyrocket in upcoming years and recover some value. We suggest our readers conduct the maximum level of research before making any investment decision in Mullen Automotive or any other stock.
Is Mullen Automotive (MULN) going to delist?
There is no such announcement from the NASDAQ yet. According to the reports of Market Screener, NASDAQ has sent a letter to the company to follow the compliance.
Is Mullen Automotive legit?
The company is absolutely legit but according to some media reports, it is facing serious cash issues.
Is Mullen Automotive stock undervalued?
According to some market experts, Mullen Automotive (MULN) is one of the top undervalued automobile stocks in the market.
