Mullen Automotive (MULN) stock Forecast for 2024–2028. Sell or Buy Prediction







Improve Your Financial Status: A How-To Guide

April 12, 2024 Improve Your Financial Status: A How-To Guide

Navigating through the complexities of personal finance can often feel like walking through a maze blindfolded. This guide is crafted especially for you,…
How ZIM Integrated Container Tracking is Revolutionizing Global Trade

April 12, 2024 How ZIM Integrated Container Tracking is Revolutionizing Global Trade

Have you ever wondered how your online shopping packages get to you? A big part of the answer is ZIM Integrated Container Tracking.…
6 Best Growth Stocks To Buy Now According to Metatrader 5

March 15, 2024 6 Best Growth Stocks To Buy Now According to Metatrader 5

One of the reasons investors prefer growth stocks is that they are expected to perform better than other companies in terms of sales…
Navigating GBP Forecast: Mistakes To Avoid In Forex Trading

March 6, 2024 Navigating GBP Forecast: Mistakes To Avoid In Forex Trading

Human error is common in forex trading and often leads to familiar trading issues. These trading mishaps lead to significant novice traders regularly. …

Mullen Automotive (MULN) stock Forecast for 2024–2028. Sell or Buy?

Updated: April 14, 2024 (09:12)

Sector: Consumer defensive

The share price of Mullen Automotive, Inc. (MULN) now

Latest session on the 12th of April for
Mullen Automotive, Inc. is negative
Trading Volume: 324886
Open: 3.88 /  High: 3.92 /  Low: 3.75
What analysts predict: $23
52-week High/Low: $2700 / $3.8

50/200 Day Moving Average: $6.34 / $43.99

This figure corresponds to the Average Price over the previous 50/200 days. For Mullen Automotive stocks, the 50-day moving average is the resistance level today.

For Mullen Automotive stocks, the 200-day moving average is the resistance level today.

Are you interested in Mullen Automotive, Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Mullen Automotive stock price in 2024, 2025, 2026, 2027, 2028. How much will one Mullen Automotive share be worth in 2024 - 2028?

When should I take profit in Mullen Automotive stock? When should I record a loss on Mullen Automotive stock? What are analysts' forecasts for Mullen Automotive stock? What is the future of Mullen Automotive stock? We forecast Mullen Automotive stock performance using neural networks based on historical data on Mullen Automotive stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

Mullen Automotive stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2024, 2025, 2026, 2027 and 2028) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Mullen Automotive shares. This happens once a day.


Historical and forecast chart of Mullen Automotive stock

The chart below shows the historical price of Mullen Automotive stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Mullen Automotive stock price can be found in the table below.

Long-term forecasts by years.

Predicting the Turbulent Winds: The Future of MULN Stocks

In the ever-evolving and speculative world of stock trading, predicting the future of a company’s stock with pinpoint accuracy is often likened to forecasting the weather—variables are many, and certainty remains elusive. This is particularly true for Mullen Automotive, Inc. (NASDAQ:MULN), a company that has witnessed a roller-coaster ride in its stock prices, adorned with significant fluctuations and surrounded by a myriad of investor sentiments ranging from optimism to caution.

Key Factors Influencing MULN Stock Movement

Recently, Mullen’s stock price experienced an unexpected surge, climbing over 15% in a mere five days, despite its stock price being 92% below its value following a previous Sell recommendation. This phenomenon has left investors and analysts alike pondering the muln stock forecast. The muln stock discussion has been fervent, with many trying to understand why MULN, amidst an industry teeming with more transparent and predictable operations, continues to captivate the retail investor’s imagination.

Several near-future events and factors stand out as potentially significant influencers of MULN’s stock rate. Firstly, the company’s liquidity situation is precarious at best. With around $235 million in cash—just enough to keep it afloat through FY’ 2023—coupled with no revenue realization from vehicle sales thus far, the financial outlook appears grim. The announcement of a $25 million stock buyback program, seemingly paradoxical given the circumstances, alongside deals worth approximately $80 million for its class 3 EV trucks, introduces a layer of complexity to the *muln stock price prediction*.

Investors speculating on the *muln stock buy or sell* decision must tread cautiously. The potential for bankruptcy looms large with the risk of running out of cash by Q1 2024 without additional funding. The specter of dilution and delisting further complicates matters, leaning toward a muln stock prediction that remains bearish.

Yet, for all its financial turbulence, MULN stock could defy predictions, buoyed temporarily by mechanisms like short-squeezing and the fear of missing out (FOMO) among investors. This presents a speculative allure that might temporarily prop up the stock, despite the underlying fundamentals indicating a drop—leaving those wondering why is muln stock dropping with much to ponder.

In conclusion, the muln short interest and other speculative factors may help the stock in the short term, but the looming financial uncertainties and operational challenges suggest that figuring out the exact future rates of MULN stocks will require looking at a mix of both structural and market-driven dynamics. Investors should keep a vigilant eye on forthcoming developments, as these will likely be critical in shaping the trajectory of MULN’s stock in the near future.

Mullen Technologies, Inc. is a public American electric car company trading on the NASDAQ. Headquartered in Brea, California founded in 2014, Mullen owns other businesses including Mullen Auto Sales, consisting of a chain of car dealerships in California and Arizona, the company CarHub.

Mullen Automotive daily forecast for a month

Date Target Pes. Opt. Vol., %
Apr 16 3.72 3.49 3.96 13.45
Apr 17 3.57 3.21 3.72 15.84
Apr 18 3.39 3.13 3.52 12.16
Apr 19 3.06 2.82 3.22 14.34
Apr 20 2.93 2.70 3.10 14.97
Apr 21 3.28 3.08 3.60 16.78
Apr 22 3.30 3.08 3.40 10.28
Apr 23 3.19 2.95 3.47 17.51
Apr 24 2.93 2.74 3.28 19.53
Apr 25 2.59 2.39 2.71 13.46
Apr 26 2.67 2.47 2.84 14.76
Apr 27 2.68 2.43 3.01 23.48
Apr 28 2.79 2.54 2.92 15.02
Apr 29 3.16 3.06 3.42 11.62
Apr 30 3.24 2.91 3.39 16.34
May 01 3.54 3.21 3.73 16.40
May 02 3.66 3.48 3.86 11.05
May 03 3.54 3.34 3.83 14.79
May 04 3.49 3.13 3.71 18.34
May 05 3.58 3.35 3.83 14.25
May 06 3.34 3.04 3.70 21.76
May 07 3.31 3.07 3.66 19.27
May 08 3.58 3.36 3.91 16.46
May 09 3.62 3.28 3.80 15.88
May 10 3.43 3.20 3.72 16.43
May 11 3.40 3.11 3.65 17.22
May 12 3.39 3.27 3.68 12.60
May 13 3.25 3.07 3.40 10.82
May 14 3.45 3.05 3.69 21.03
May 15 3.18 2.92 3.29 12.57

Mullen Automotive Daily Price Targets


Mullen Automotive Stock Forecast 04-16-2024.

Forecast target price for 04-16-2024: $3.72.
Negative dynamics for Mullen Automotive shares will prevail with possible volatility of 11.853%.
Pessimistic target level: 3.49
Optimistic target level: 3.96

Mullen Automotive Stock Forecast 04-17-2024.

Forecast target price for 04-17-2024: $3.57.
Negative dynamics for Mullen Automotive shares will prevail with possible volatility of 13.676%.
Pessimistic target level: 3.21
Optimistic target level: 3.72

Mullen Automotive Stock Forecast 04-18-2024.

Forecast target price for 04-18-2024: $3.39.
Negative dynamics for Mullen Automotive shares will prevail with possible volatility of 10.843%.
Pessimistic target level: 3.13
Optimistic target level: 3.52

Mullen Automotive Stock Forecast 04-19-2024.

Forecast target price for 04-19-2024: $3.06.
Negative dynamics for Mullen Automotive shares will prevail with possible volatility of 12.541%.
Pessimistic target level: 2.82
Optimistic target level: 3.22

Mullen Automotive Stock Forecast 04-20-2024.

Forecast target price for 04-20-2024: $2.93.
Negative dynamics for Mullen Automotive shares will prevail with possible volatility of 13.019%.
Pessimistic target level: 2.70
Optimistic target level: 3.10

Mullen Automotive Stock Forecast 04-21-2024.

Forecast target price for 04-21-2024: $3.28.
Positive dynamics for Mullen Automotive shares will prevail with possible volatility of 14.370%.
Pessimistic target level: 3.08
Optimistic target level: 3.60

MULN (MULN) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
May. 4.36 2.29 5.04 54.54
Jun. 6.21 4.92 7.30 32.62
Jul. 7.90 6.41 9.55 32.82
Aug. 8.47 7.26 12.38 41.36
Sep. 4.72 3.31 7.09 53.28
Oct. 7.21 3.65 10.45 65.07
Nov. 9.93 6.83 12.97 47.30
Dec. 7.54 6.27 8.87 29.31

Mullen Automotive forecast for this year


Mullen Automotive Stock Prediction for May 2024

An uptrend is forecast for this month with an optimal target price of $4.364. Pessimistic: $2.29. Optimistic: $5.04


Mullen Automotive Stock Prediction for Jun 2024

An uptrend is forecast for this month with an optimal target price of $6.20779. Pessimistic: $4.92. Optimistic: $7.30


Mullen Automotive Stock Prediction for Jul 2024

An uptrend is forecast for this month with an optimal target price of $7.90252. Pessimistic: $6.41. Optimistic: $9.55


Mullen Automotive Stock Prediction for Aug 2024

An uptrend is forecast for this month with an optimal target price of $8.46755. Pessimistic: $7.26. Optimistic: $12.38


Mullen Automotive Stock Prediction for Sep 2024

An downtrend is forecast for this month with an optimal target price of $4.72489. Pessimistic: $3.31. Optimistic: $7.09


Mullen Automotive Stock Prediction for Oct 2024

An uptrend is forecast for this month with an optimal target price of $7.21255. Pessimistic: $3.65. Optimistic: $10.45


Mullen Automotive Stock Prediction for Nov 2024

An uptrend is forecast for this month with an optimal target price of $9.93168. Pessimistic: $6.83. Optimistic: $12.97


Mullen Automotive Stock Prediction for Dec 2024

An downtrend is forecast for this month with an optimal target price of $7.54311. Pessimistic: $6.27. Optimistic: $8.87



Mullen Automotive (MULN) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 7.69 4.14 9.09 54.44
Feb 8.19 5.53 11.86 53.40
Mar 3.82 3.03 5.42 44.07
Apr 4.79 2.58 5.98 56.82
May 7.69 3.79 10.59 64.20
Jun 8.64 5.83 11.17 47.78
Jul 11.96 9.08 15.14 40.03
Aug 11.72 7.38 17.21 57.12
Sep 13.10 9.09 19.91 54.31
Oct 14.29 11.50 19.58 41.26
Nov 22.55 16.98 33.40 49.16
Dec 16.25 11.60 20.26 42.74

Mullen Automotive (MULN) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 18.89 13.98 25.77 45.75
Feb 20.85 17.33 25.06 30.84
Mar 7.71 5.00 10.96 54.38
Apr 6.45 5.03 9.31 45.98
May 8.01 5.40 11.39 52.55
Jun 10.92 6.02 16.10 62.60
Jul 11.84 7.07 15.23 53.58
Aug 13.69 10.58 17.60 39.93
Sep 6.84 3.59 10.13 64.52
Oct 3.77 3.16 4.43 28.75
Nov 4.58 3.60 5.59 35.67
Dec 4.40 3.23 6.09 46.98

Mullen Automotive (MULN) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 3.74 2.11 4.72 55.20
Feb 2.75 1.57 3.87 59.49
Mar 2.62 1.92 3.59 46.48
Apr 2.76 2.20 3.15 30.14
May 2.78 2.04 3.39 39.93
Jun 2.20 1.71 2.83 39.42
Jul 3.31 2.11 4.28 50.79
Aug 3.57 2.57 5.20 50.48
Sep 3.59 2.78 4.97 44.16
Oct 2.54 1.53 3.43 55.33
Nov 2.89 2.18 3.64 40.24
Dec 4.17 2.76 4.76 42.08

Mullen Automotive (MULN) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 6.41 4.04 8.08 50.04
Feb 7.00 5.22 10.50 50.25
Mar 10.96 6.97 14.23 51.04
Apr 14.37 9.61 19.33 50.28
May 13.07 6.27 16.89 62.86
Jun 13.32 11.16 16.52 32.49
Jul 15.40 7.89 20.90 62.25
Aug 16.10 10.66 23.84 55.30
Sep 17.98 15.18 23.36 35.03
Oct 16.23 12.64 22.56 43.96
Nov 17.07 8.97 20.51 56.26
Dec 11.75 6.10 14.42 57.72

Mullen Automotive information and performance

Mullen Automotive Address

3363 NE 163RD STREET, SUITE 705, NORTH MIAMI BEACH, FL, US

Market Capitalization: 26 209 900 $

Market capitalization of the Mullen Automotive, Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of MULN shares in the company outstanding by the market price of one share.

EBITDA: -262 989 424 $

EBITDA of Mullen Automotive is earnings before interest, income tax and depreciation of assets.

PE Ratio: None

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: None

Price/earnings to growth

DPS: None

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: None

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: -9523.79

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: N/A
Quarterly Revenue Growth YOY: N/A
Trailing PE: -

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: -

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: -

Enterprise Value (EV) /Revenue

EV To EBITDA: 0.0529

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 6552500

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A

Mullen Automotive (MULN) stock dividend

Mullen Automotive last paid dividends on 01/01/1970. The next scheduled payment will be on 10/05/2017. The amount of dividends is $None per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.

Last Split Factor:

Last Split Date: 01/01/1970

Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.

For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.




Related stocks from Consumer defensive sector


Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.