Mullen Automotive Stock Price Prediction 2025-2030

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This article will look at the Mullen Automotive stock forecast (MULN). On February 28, 2022, MULN increased by 145 percent, while global markets fluctuated due to tensions between Ukraine and Russia.

Mullen Automotive Stock Overview

According to the company, “Mullen’s testing of solid-state polymer cells demonstrates the possibility of a 150-kilowatt-hour battery pack with more than 600 miles of range and emphasizes an 18-minute DC rapid charge with more than 300 miles of range.”

Mullen Automotive, based in California, conducts research on renewable energy and electric vehicles.

Following the controversy surrounding Rivian (RIVN) at the end of last year, a slew of EV startups has piqued the interest of investors. Given the sector’s precipitous decline since then, that could have been the EV market’s peak.

Mullen Automotive Stock Technical Analysis

Mullen was one of Insider Monkey’s top March stock picks. This is due in part to Mullen’s recent announcement that its most recent battery testing yielded a 600-mile range.

Mullen Automotive Stock Price Prediction 2025-2030

On February 28, the company announced that “testing of solid-state polymer cells reveals the potential for a 150-kilowatt-hour battery pack with more than 600 miles of range and highlights an 18-minute DC fast charge with more than 300 miles of range.”

Momentum is a powerful market force, particularly in penny stocks, which are subject to wild price swings. MULN stock is expected to rise further as a result of this news and the current uptrend.

What Exactly Is Mullen Automotive?

Mullen Technologies, Inc. is an American auto and electric vehicle manufacturer based in California.

CarHub, a network of car dealerships in California and Arizona, is a subsidiary of the automotive division Mullen Auto Sales.

Mullen Automotive Stock Forecast 2022

Mullen Automotive shares rose 1.24 percent on the previous trading day (Friday, August 5th, 2022), from $0.84 to $0.85.

On the previous trading day, the stock price moved 7.55 percent from a day low of $0.83 to a day high of $0.89. Over the last ten days, the price has dropped by -16.28 percent on five of those days.

Volume decreased by -48 million shares on the last trading day, with 30 million shares trading for approximately $25.96 million.

Also Read: Nvidia Stock Forecast 2022-2030

Mullen Automotive Stock Forecast 2023

The estimated 2023 target price is $1.48. Positive trends will outweigh negative trends for Mullen Automotive shares, with 17.221 pe expected volatility.

Mullen Automotive Stock Forecast To 2024

The 2024 price target is expected to be $1.52. Positive trends will dominate for Mullen Automotive shares, with 7.218 percent expected volatility.

Mullen Automotive Stock Forecast For 2025

Mullen Automotive Stock Price Prediction 2025-2030

The 2025 price target is expected to be $1.60. Bullish trends are expected to dominate Mullen Automotive shares, with predicted volatility of 9.569%.

Mullen Automotive Stock Forecast To 2026

The average price target for Mullen Automotive shares in 2026 is $0.78. Momo shares will have positive dynamics in 2026, with potential monthly volatility of 49,598%.

Mullen Automotive Stock Forecast 2027

Mullen Automotive’s stock price forecast for 2027 is $25.856 CAD, indicating long-term growth. A 5-year investment is expected to return approximately +76.25 percent. In 2027, your $100 investment could be worth up to $176.25.

Mullen Automotive Stock Forecast To 2028

Mullen Automotive’s stock forecast for 2028 is made up of 12 monthly forecasts, with a mean prediction of 13.03, a high prediction of 14.84, and a low prediction of 11.75.

Mullen Automotive stock price forecast for 2028 is $12.7600002288818, a 2.1% increase from the most recent closing price of $12.7600002288818.

Check Here: Gte Stock Forecast 2025 – 2030

Mullen Automotive Stock Forecast To 2029

Mullen Automotive’s stock forecast for 2029 includes 12 monthly forecasts with an average forecast of 10.02, a high forecast of 10.46, and a low forecast of 9.47.

Mullen Automotive stock price forecast for 2029 shows a -21.49 percent drop from the most recent price of $12.7600002288818.

Mullen Automotive Stock Forecast For 2030

Mullen Automotive Stock Price Prediction 2025-2030

For the Mullen Automotive stock forecast for 2030 (10 years), four predictions are made, with an average forecast of 14.06, a high forecast of 14.76, and a low forecast of 13.3. Mullen Automotive stock price forecast for 2030 represents a 10.17 percent increase over the current price.

How To Buy Mullen Automotive Stock

  • Choose a platform. If you are new to stock trading, the table below can help you make a decision.
  • Create an account. Identification, bank account information and your social security number are all required.
  • Examine your payment information. A bank transfer, debit card, or credit card is required to fund your account.
  • Look for the ticker symbol MULN on the platform.
  • Examine Mullen Automotive’s stock. The platform should provide the most recent data available.
  • Purchase Mullen Automotive stock. It really is that simple.

Frequently Asked Questions

1. What is MULN’s price target?

1 analyst provides 12-month price targets for Mullen Automotive Inc, with a median target of 23,00, a high estimate of 23,00, and a low estimate of 23,00.

The median estimate represents an increase of +4,217.63% over the previous price of $0.53.

2. Has Mullen Sold Any Cars?

In September 2022 Mullen acquired Bollinger Motors, the manufacturer of EV Pick-ups and SUV and they have reportedly sold many cars including some SUV.

3. Why is Mullen stock dropping?

MULN stock is likely to fall as a result of voter approval to increase the number of common shares outstanding to 1.75 billion.

Mullen had 477.51 million common shares outstanding as of June 2. This means that the number of outstanding common shares would increase by more than 260%, diluting existing investors.

Read More: Moderna Stock Fundamentals: Earnings Strong

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