This forecast is useful if you are looking for a Mullen Automotive Stock Price Prediction 2023, 2025, 2026, 2030 or determining the potential of MULN. This forecast is based upon a detailed technical analysis of the MULN stock and its current performance. We will analyze the potential of Mullen Automotive stock (MULN).
MULN is one of the most popular automobile stocks in the market despite the fact that its performance has not been as expected by investors. Mullen Automotive gave a good return to its shareholders in 2012, when it reached a new ATH level (all-time highest). In October 2012, the MULN stock price rose to an all-time (ATH) high of $889.00. The historical performance of MULN looks negative and has been declining continuously since 2012.
Mullen Automotive has been one of the worst performing stocks in the past few months. MULN’s stock value has dropped by 95% in recent bearish events. According to our prediction, the stock value of MULN will not reach its recent ATH in this decade. Mullen Automotive could recover value if there is a bull market.
Table of Contents
Mullen Automotive Inc (MULN) Stock overview
| Stock Name | Mullen Automotive Inc |
| Ticker Symbol | MULN |
| Country | USA (NASDAQ). |
| Official Website | mullenusa.com |
| Sector | Automobile Manufacturer |
| Market Cap | $454 Million |
| All-time High | $889.10 (October 09, 2012) |
| The following are some of the most effective ways to increase your ROI: | David Michery |
| Competitors | Tesla, Polestar, Rimac Automobili, Xiaopeng. |
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Mullen Automotive stock Price Prediction 2023
Mullen Automotive is performing well despite the fact that the market as a whole is experiencing bearish trends. According to our prediction, the highest value of Mullen Automotive’s stock could be $0.95 in 2023. Some market analysts believe that automobile stocks could reach their current position within the next few weeks. If current growth continues, the average price of Mullen Automotive could be $0.70. If there is a bearish trend, the minimum price for Mullen Automotive could be as low as $0.45. The prices of Mullen Automotive could surge higher than our Mullen Automotive long-term forecast in the next bull market.
Mullen Automotive stock Price Prediction
| Year | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| 2023 | $0.45 | $0.70 | $0.40 |
| 2024 | $0.66 | $0.80 | $1.00 |
| 2025 | $0.71 | $0.90 | $1.30 |
| 2026 | $0.90 | $1.40 | $2 |
| 2027 | $1.50 | $2 | $2.50 |
| 2028 | $1.90 | $2.30 | $3.90 |
| 2029 | $3 | $4.18 | $6.10 |
| 2030 | $4.10 | $5.90 | $8 |
| 2031 | $7 | $10 | $14 |
Mullen Automotive stock Price Prediction 2024
Mullen Automotive’s value may also recover this year, along with the values of other automobile stocks. According to our price prediction, Mullen Automotive could reach a maximum price of $1.00 by 2024. If the current performance is maintained, then the average price of Mullen Automotive can be $0.80. If there are negative events on the market, the stock price of Mullen Automotive can be as low as $0.66.
Mullen Automotive stock Price Prediction 2025
Mullen Automotive’s performance can be bullish by 2025, but it won’t reach the recent ATH. We can expect a Mullen Automotive average price of $0.90 by 2025. Our maximum forecast for Mullen Automotive in 2025 is $1.30 if the current growth rate continues. If the market becomes bearish, Mullen Automotive’s minimum price can be as low as $0.71. Mullen Automotive could surge higher than our 2025 forecast if the market turns bullish.
Mullen Automotive stock Price Prediction 2026
According to our Mullen Automotive predictions, the prices of their products could reach a new ATH this year. Mullen Automotive’s maximum value could reach $2 by 2026 if the market behaves according to our calculations. In 2026, the average value for 2026 could be $1.40. If the market becomes bearish, however, the minimum price of Mullen Automotive could be around $0.90. Some market experts believe that the bearish climate can last until 2025, so we are expecting high expectations for 2026.
Mullen Automotive stock Price Prediction 2027
Mullen Automotive’s prices could soar this year and surpass the previous ATH. According to our price forecast the average value for Mullen Automotive could be $2.00, while the minimum value can be $1.50. Mullen Automotive’s value may soar and exceed most forecasts if the market has a good day. According to our calculations, the maximum price of Mullen Automotive can be $2.
Mullen Automotive stock Price Prediction 2028
Mullen Automotive has a long-term potential for great heights. Our forecast shows that the average price of Mullen Automotive stocks could be $2.30 by 2028. The maximum price for Mullen Automotive may reach $3.90 if the market is bullish. If the market does not perform according to our expectations, the minimum price for Mullen Automotive can be as low as $1.62.
Mullen Automotive stock Price Prediction 2029
Mullen Automotive is a good investment on the long-term. According to our forecast, Mullen Automotive stock can reach a maximum value of $6.10. If everything goes according to our calculations, the average value of Mullen Automotive could be around $4.18. If the market is experiencing bearish conditions, the value of Mullen Automotive can drop as low as $3. If Mullen Automotive attracts more investors between these two years, the stock value in 2027 could be higher than our forecast.
Mullen Automotive stock Price Prediction 2030
If you hold the stock until 2030, it can provide great returns. According to our long-term Mullen Automotive forecast, the stock’s value could reach a new ATH this year. Mullen Automotive could have a value of $5.90on average in 2030. Mullen Automotive could surge higher than our forecast if the market becomes bullish. Mullen Automotive’s maximum value could be $8 by 2030. The minimum value of Mullen Automotive is around $4in the event that the market becomes bearish.
Mullen Automotive stock Price Prediction 2031
According to our projection, the average price of Mullen Automotive shares could be $10 by 2031. If there are any bullish events, the year could end with a maximum of $14. If the bearish market continues, the minimum value for Mullen Automotive can be $7. Mullen Automotive could reach new heights if the market is positive.
What is the best stock to invest in?
MULN is a volatile stock. Mullen Automotive has lost value nearly every year if you measure its performance from its last ATH, in 2012. MULN performed well during its early years, but has now lost 95% of its value. Mullen Automotive is the most risky stock in general. According to our forecast, investing in Mullen Automotive stock for the long term is a wise decision.
Stock forecasts may not always be accurate. Mullen Automotive, and other stocks, are still subject to market risks even though Mullen Automotive seems to be performing well in the long run. Mullen Automotive is a great investment if you’re a wise investor who believes in long-term investing. It is important to manage your risk before investing in Mullen Automotive, or any other stock.
Will Mullen Automotive (MULN) stock recover?
Many traders are curious about whether Mullen Automotive stock will recover, as MULN has almost lost its value to zero. The last few months of MULN’s performance do not indicate that it will be recovering anytime soon. According to our long-term prediction, Mullen Automotive’s stock could reach $1 by 2025 or 2026.
In the stock market however, there is no such thing as an impossible situation. We have seen that a bull run or bear market can demolish all stock forecasts within seconds. It is therefore difficult to claim that forecasts are accurate. Mullen Automotive’s value may rise faster than our forecast if more investors flock to the company and increase their investment.
FAQ
What is the current price target of Mullen Automotive (MULN).
Many analysts have given different price targets for Mullen Automotive. The average price target of Mullen Automotive is $0.31.
Will Mullen Automotive stock (MULN), go up in price?
Mullen Automotive, or any other stock, is difficult to predict. Mullen Automotive stock performance is more volatile than the current market sentiment.
Will Mullen Automotive (MULN) stock crash?
Mullen Automotive’s (MULN), a stock that has lost 95% of its value, is one of the most volatile on the market. Some market analysts believe that the MULN may crash again.
What will the stock of Mullen Automotive be like in five years?
Mullen’s stock performance is currently bearish, and growth could be slow over the next few months. The long-term outlook for Mullen Automotive is bullish, but the value of Mullen Automotive stocks in five years will depend on many factors, such as the financial performance of the company, the demand and supply of Mullen Automotive’s products. According to our price forecast, Mullen Automotive’s stock price could reach $1 in five years if the current growth rate continues.
What will the stock of Mullen Automotive be like in 10 years’ time?
Mullen Automotive’s long-term outlook is bullish if we compare its past performance with the current market conditions. In the upcoming month, market movements can be positive which could help Mullen Automotive create a new ATH. Mullen Automotive could reach $8 by 2030, even if its current performance continues. If you are looking to make big gains, you will need to decide whether you want to invest for the long-term or short-term.
Is Mullen Automotive MULN a good investment for the long-term?
Although it’s difficult to predict the exact value of stocks, a long-term investment in Mullen Automotive looks lucrative. Mullen Automotive’s performance is volatile, but its value could improve over time. MULN’s value could skyrocket if it attracts more investors in the future and regain some value. Our readers are advised to do the most research possible before investing in Mullen Automotive, or any other stock.
Will Mullen Automotive (MULN), delist from the stock exchange?
No such announcement has been made by NASDAQ. According to Marketscreener reports, NASDAQ sent a letter to the firm to ensure compliance.
Is Mullen Automotive legit?
According to media reports, the company has serious cash problems.
Is Mullen Automotive stock undervalued?
Some market experts believe that Mullen Automotive (MULN), one of the most undervalued auto stocks on the market, is a top pick.
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