Mullen Automotive Stock Price Prediction 2025,2030,2050,2060

Welcome to Mullen Automotive Stock Price Prediction 2023, 2024, 2025, 2030, and 2040 by Usadailyzone If you want to know about Mullen price prediction and forecast, we will try to help you.

This Mullen price prediction is based on deep technical and fundamental analysis

So let’s get right into it!

What is Mullen Automotive?

Mullen Automotive is an American automotive and electrical vehicle company that specializes in various other sectors of the EV industry. The company specializes in producing commercial and passenger vehicles

It also has expertise in solid-state polymer battery technology

The company was founded in 2012 by David Michery, who also serves as CEO and president

The company mostly imports Chinese EVs and sells them under its name, It has also acquired Bollinger Motors, which is a producer of EV pick-ups and commercial vehicles, to expand its portfolio. Mullen has 181M outstanding shares in the market. The largest shareholders are Vanguard Group, Fidelity Fund, etc.

Mullen Automotive Price Prediction

YearMullen Stock Price Prediction
2023$0.66
2024$0.85
2025$1.35
2026$1.53
2027$1.74
2028$1.91
2029$2.31
2030$3.41
2035$7.26
2040$12.20
2050$32–$41

Mullen Automotive Models and Cars

Mullen has various commercial models

  • Mullen One: It costs $34,500 and has a range of 110 miles
  • Mullen campus: It costs $23,995 and has a range of 186 miles with a max payload of 1683 lbs.
  • Mullen Three: It costs $68,500 and has a range of 130 miles

Mullen Stock Forecast 2023

2023 has not been a good year for Mullen. The stock has suffered a lot this year.

From a high of $95.11, the stock has fallen to $0.42. According to our analysts, the stock is showing signs of recovery. It looks like a good investment.The stock market is a also showing some bullish moves so that will also help the stock

The maximum price prediction for Mullen in 2023 is $0.66, while the minimum is $0.40

YearTarget for 2023
2023$0.66

Mullen Automotive Stock Price Prediction 2024

As per our experts, 2024 will turn out to be a good year for the stock.

2023 will form the base for the stock, which will shoot up the price. The overall market is predicted to be bullish in 2024, and that will help the stock as well. The EV segment is growing and it will be bigger in the year 2024 so the company will increase revenues

The minimum price for the stock in 2023 can be $0.70 and the maximum can be $0.85

YearTarget for 2024
2024$0.85

Mullen Automotive Stock Price Prediction 2025

2025 will be a good year for electronic vehicle companies. Mullen Automotive will be launching more models and also will try to acquire more market share

As per our experts and analysts, the minimum price of the stock is projected to be $1.17. Our technical analysis suggests that the maximum price of the stock in 2025 can be up to $1.35

This prediction takes into consideration various market factors such as trends, inflation, interest rates etc.

YearTarget for 2025
2025$1.35

Mullen Automotive Stock Price Prediction 2030

By the year 2030, the company will expand its business in the markets of Europe and take advantage of the electric vehicle trend across the globe.

The price of the stock is $0.42 at the moment and the minimum price prediction for the year 2030 is $2.95, so your investment will be at a profit of more than 400% by the year 2030

The maximum projected price for the year 2030, according to our technical analysis, is $3.41

YearTarget for 2030
2030$3.41

Mullen Automotive Stock Price Prediction 2035

Although it is hard to predict the price in the year 2035, the overall market will be positive and that will help the stock in the long run

Our experts predict the price to be $6.2 on the minimum level and the maximum predicted price is $7.5

YearTarget for 2035
2035$7.5

Mullen Automotive Stock Price Prediction 2040

The EV market will be bigger and will almost replace 50 percent of the currently available vehicles.

The company has a specialization in commercial vehicles, and that will give it an advantage over the other EV companies.

The minimum price of the stock in 2040 can be $10.20 and the maximum projected price is $12.42

YearTarget for 2040
2040$12.42

Mullen Automotive Stock Price Prediction 2050

Mullen Automotive is a progressive and innovative company that has been looked at very positively by investors.

The company has strong ties to the Chinese market, so that can be a big factor in expanding the company’s business

By the year 2050, the minimum projected price for the stock will be $32 and the maximum projected price will be $42

YearTarget for 2050
2050$42

Mullen Automotive Finance report

The finances of Mullen are not showing positive signs, The company has a market cap of $129 million. The profits of the company are -$818mn. The company has been constantly threatened by delisting fears from NASDAQ, but recently the stock has recovered after some positive news. The company’s total debt is good news as it is only $13M

FAQs

Is Mullen Automotive a good stock?

Yes, Mullen Automotive is a good stock, the business is solid, and the products are promising. The company has the potential to rival Tesla in the future

Is Mullen buy, sell, or hold?

Well it is not really a good decision to sell something that has a promising future
Any investment takes time to mature and give returns, so just keep patience and hold for the buyers, yes You can buy the stock

Can Mullen be the next Tesla?

Tesla is successful because of the great products and various other businesses including solar energy and now robotics, Mullen can be a great stock but only if they keep innovating and improving

Conclusion

So that was it guys

It’s a bit hard to predict the price of a stock for such a long time period but we have tried our best

It is always advised to analyze your risks and financial limits before investing in a stock

We hope you liked our effort and if you did, please share it with your loved ones Thank you, We will be back with more analysis

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