NASDAQ: MULN Stock Forecast 2022, 2023, 2024, 2025 – 2030

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Mullen Automotive (MULN) is a publicly traded company on the NASDAQ stock exchange. The company is engaged in the business of designing, manufacturing, and marketing automotive parts and systems. It has been in business for over 25 years and is a well-respected company in the industry.

Major automakers such as Ford, General Motors, Chrysler, and Toyota use the company’s products. Furthermore, Mullen Automotive is a profitable company with a strong balance sheet. This company has a market capitalization of $101.86 million and reported a net income of $10 million in the most recent fiscal year.

The firm’s stock price has been under pressure in recent years due to concerns about the impact of the coronavirus pandemic on the automotive industry. However, Mullen Automotive is a well-positioned company that is likely to weather the storm and emerge as a strong competitor in the automotive industry.

Given the company’s strong fundamentals, many analysts believe that Mullen Automotive is an excellent long-term investment at its current price.


Mullen Automotive is in the automotive industry with headquarters in Brea, California. The company was founded in 2014 and employed over 1,200 people.

This firm’s stock is currently trading at $0.20 per share, and analysts think it will continue to decline. Its stock price has been steadily declining over the past year, and everyone thinks the trend will continue. Moreover, the company’s revenue has been falling, losing market share to its competitors.


NASDAQ: MULN Stock Forecast 2022

Mullen Automotive (MULN) is an up-and-coming company in the automotive industry. It is currently working on electric and autonomous vehicles. The company might see a lot of growth in the next few years, and its stock price will likely increase accordingly. Here is a look at the company’s stock forecast for 2022.

This forecast considers several factors, including Mullen’s strong financial position, its history of profitable operations, and the expected growth in the automotive industry.

In 2022, Mullen Automotive might have a market cap of $130.26 million. Its stock price can reach $0.25 to $0.35 per share for a total market value of $1 billion. This process would be an increase of nearly 25% to 35% from their current stock price of $0.20 per share.

Furthermore, the company will likely continue to grow rapidly, with its electric and autonomous vehicles leading the way. Mullen Automotive is a company to watch in the coming years, and its stock price can reflect that.


NASDAQ: MULN Stock Forecast 2023

The automotive industry is in a period of transition, and Mullen Automotive is at the forefront. Likewise, Mullen is investing heavily in electric vehicles, and its stock may rise as a result.

It is also expanding its production capacity, which will help it meet the growing demand for its products. Therefore, Mullen Automotive is well-positioned to take advantage of the trends in the automotive industry, and its stock is a good investment for the future.

Looking to the future, critics predict that MULN stock will rise steadily over the next few years, reaching $1 per share by 2023. This forecast considers several critical factors, including the company’s strong financial position, its expansion plans, and the automotive industry’s continued growth.

Mullen Automotive is a leading provider of automotive services with a vast network of locations across the United States. The company has a strong reputation for quality and customer service, which has helped it to grow steadily.

It is well-positioned to continue its growth in the coming years as the demand for automotive services may increase. Furthermore, the company’s share price can continue to rise, making it a good investment for the long term.


NASDAQ: MULN Stock Forecast 2024

Mullen Automotive (MULN) can perform well in the coming years. The company’s products are in high demand, and its financials are strong. Moreover, the firm’s stock is currently trading at $0.20 and might reach $2 to $3 by 2024.

NASDAQ: MULN might deliver a year-over-year increase in earnings on lower revenues when it reports results for the ended quarter on March 31, 2024. This widely-known consensus outlook is critical in assessing the company’s earnings picture. However, a decisive factor that might influence the stock price is how the actual results compare to these estimates.

NASDAQ: MULN Stock Forecast 2025

Are you looking for Mullen Automotive stock predictions for 2025? Although it’s tough to say for sure what will happen to a company’s stock price in the future, there are a few things we can look at to get an idea of where the firm might go. First, let’s look at the company’s recent financial performance.

Mullen Automotive has been struggling lately, with its stock price down over the past year. This fall is likely due to the company’s weak financials, which include declining revenue and net income. By looking ahead, Mullen’s financial situation is likely to improve.

Looking ahead to 2025, analysts expect Mullen Automotive to continue to perform well, with revenues growing at a moderate pace. The company’s strong relationships with its customers and innovative products should help it maintain its position as a leading automotive parts supplier.

Critics forecast earnings per share to grow slightly faster than revenues as the company continues to focus on cost savings and efficiency improvements. Furthermore, the company’s stock price can continue to rise, reaching $3 to $6 per share by 2025.

Long-Term Forecast 2030

Mullen Automotive is a strong contender in the electric vehicle market, and its products are well-received by customers. The company has a strong R&D department and constantly innovates its products. Moreover, the firm’s products are also competitively priced, making them attractive to customers.

MULN has been on a steady fall trajectory over the past few years, and analysts believe that the company is well-positioned to start growing in the future. Its products are in high demand, and it has a strong foothold in the automotive industry.

Analysts believe that MULN will perform well and that the stock is a good investment for the long term. Mullen might continue to grow at a healthy pace, and the stock will likely reach $10 per share by 2030. If you’re looking for an excellent long-term investment, Mullen Automotive is a company you should consider.

NASDAQ: MULN Price Analysis

Since its launch in 2021, the share price of U.S. electric motor (EV) manufacturer Mullen Automotive has continued to decline. MULN shares have slipped under $1 this year. However, rising fuel prices bode well for an increase in EV demand.

The MULN stock price has declined since its Nasdaq launch in November 2021 as the remaining post-merger business with Net Element (NETE). Rising fuel costs since last year, which heightened the potential of increased demand for electric vehicles, have done little to slow MULN’s stock price decline.

At the time of publication, Mullen Automotive shares have dropped 87.92% year to date (YTD) to $0.20 from $5.8 in early January. Mullen Automotive shares have traded at almost 95% of its initial public offering price of $12.99 in 2021.


NASDAQ: MULN Prediction Conclusion

Mullen Automotive’s (MULN) stock has been on a roller coaster ride over the past year. After hitting an all-time high of $40 in December 2017, the stock plunged to a low of $9.50 in August 2018. Since then, the stock has fallen significantly, but now the stock can focus on only going up.

Despite the recent decline, analysts believe Mullen Automotive is a strong company with a bright future. The company is a leading provider of automotive parts and accessories, and demand for its products might continue to grow. Furthermore, Mullen Automotive also has a strong balance sheet, with no debt and plenty of cash on hand.

NASDAQ: MULN is an excellent long-term investment, and critics recommend buying the stock at its current price.

According to the firm’s initial third-quarter preliminary results on August 8, Mullen Automotive recorded $99 million in cash or equivalents on its financial sheet.

Based on the study, the firm’s revenue assets climbed by 391%, mainly owing to cash through financing activities and additional property and equipment.

It reported $27.66 million in positive working capital and $318 million in financial commitments, setting the company up for development in 2022 and 2023.

In addition, the corporation was able to cut debt by approximately 77%. In July, the firm claimed it had eliminated $17.5 million in debt, reducing its outstanding commitments to roughly $11 million, down from more than $30 million in 2021.

Mullen recently announced an arrangement with Amazon Delivery Services Partner DelPack Logistics to acquire up to 600 Mullen Class one and two EV cargo vehicles in the coming 18 months. The first 300 vans may arrive at DPL by November 30, 2022.


Despite all the information we read on the internet, sometimes there are questions in our heads that need answering. Here are the frequently asked questions from many people online that will help you understand more about the company and its stock.

Is Mullen Automotive an Excellent Stock to Buy?

Mullen Automotive (MULN) is a publicly-traded company that designs, manufactures, and sells automotive parts and accessories. The company was founded in Mullen, Nebraska, in 2014, with headquarters in Brea, California.

It is a well-established company with a long history of profitability. Furthermore, the firm has a strong balance sheet, with $1.1 billion in cash and no debt. Mullen Automotive also pays a dividend, which currently yields 1.4%.

NASDAQ: MULN’s products are in high demand as the global automotive industry is booming. Mullen Automotive’s sales have grown by double digits in each of the past four quarters. Moreover, the establishment is also profitable, with an operating margin of 9.4%.

Overall, Mullen Automotive is a well-run company with solid fundamentals. The company’s products are in high demand, and it is profitable. Mullen Automotive is an excellent stock to buy.

Will Mullen Automotive Stock Go up or Down?

Mullen Automotive stock (MULN) has been on a bit of a roller coaster ride lately. After reaching an all-time high in January, the stock took a sharp turn and fell sharply in February. So, what’s next for MULN?

Some analysts are optimistic and believe the stock will rebound in the coming months. They point to Mullen’s solid financials and robust product lineup as reasons to be bullish on the stock. Others are more cautious, citing the uncertain economic outlook as a reason to be bearish.

What’s the verdict? Only time will tell. However, if you’re investing in Mullen Automotive, it’s essential to do your own research and ensure you’re comfortable with the risks involved.

Today, Mullen Automotive’s stock has fallen way down to $0.20, but it might rebound to $0.50 in January 2023, according to some researchers. Other critics estimated that the stock would reach $14.76 in December 2025, up from $0.97 in December 2020.

Note that forecasts can and some have been wrong in the past. Conduct your own research at all times, and never trade with money you can’t afford to lose.

Should I Invest in Mullen Automotive Stock?

The company’s stock has been on an up-and-down ride in recent years, but it seems to be on the upswing again. Therefore, should you invest in Mullen Automotive stock?

There are a few things to consider before making an investment. First, what is your investment goal? Are you looking to make a quick profit, or are you more interested in long-term growth? Second, what is your risk tolerance? Mullen Automotive stock is relatively volatile, so it’s not for everyone.

Finally, do your research! Make sure you understand the company and the industry before you invest. If you’re comfortable with the risks and believe in the company’s long-term prospects, then Mullen Automotive stock could be a good investment.

How Many Shares Outstanding Does Mullen Automotive Have?

According to the most recent filings, Mullen Automotive has approximately 509.29 million shares outstanding. This number can fluctuate somewhat as the company periodically buys back shares or issues new ones. However, 509.29 million is a good ballpark number to use.

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