MULN stock forecast 2023, 2025 and 2030

In this article, we will be discussing MULN stock forecast (Mullen Automotive Inc.) which is one of the EV companies that manufactures and distributes electric vehicles. We will first look at the Mullen stock fundamentals and then follow with predictions for years between 2022 till 2050.

muln stock forecast
Image Credit: Google

The predictions are solely based on personal analysis of the market and stock. You should always do your own research before investing however the aim of this article is to give you all the correct information so you can make an informed decision. So without further ado, let’s start with the analysis and MULN stock forecast.

What is Mullen Automotive (MULN)?

Mullen Automotive Inc. is a Southern California-based electric vehicle company, which engages in the manufacture of both passenger electric vehicles and commercial vehicles. The company was founded on April 20, 2010, and is headquartered in Brea, CA.

They are one of the pioneer companies that provide solid-state polymer battery technology. The Mullen FIVE, the company’s first electric crossover, will be delivered around 2024. FIVE has an award-winning design and unique technology, which uses facial recognition to customize each driver’s driving experience.

Company Fundamentals

Before diving deep into the future prediction it’s worth looking at the company’s fundamentals. Please note that Mullen Automotive is still a very new and emerging company in the EV space and you can expect it to not make any concrete profit on the balance sheet but that should not be taken as a key indicator to analyze companies future performance. Mullen is considered primarily a penny stock in the US market.

Market Cap






Sales Q/Q

52 Week Range

$0.18 – $4.18

P/S ( Price – To -Sales )

Data for company fundamentals in the above table is referenced from FinViz as of 01/24/2023. For the latest and up-to-date data please refer here.

MULN Stock Price Analysis In 2022

Mullen stock has not performed very well in the year 2022. It was under pressure from the economic environment and an overall disruption in the supply chain. However, the demand is expected to be multifold in coming years for the EVs which will put Mullen Automotive back on track for growth trajectory.

Also Read: Rivian Price Prediction for coming years

Mullen Automotive Latest News

Mullen Automotive recently announced a strategic partnership with ChargePoint, a leading electric vehicle charging network. The partnership will allow Mullen Automotive to expand its customer base and provide more charging options for its electric vehicles. The company is also planning to launch a new electric vehicle in 2021, which could help to further increase stock performance.

Mullen Automotive has secured $200 million in financing from a group of investors, including Softbank. This financing will help the company to expand its operations and develop new technologies for its products. Overall, analysts are optimistic about the future of Mullen Automotive and its stock price.

MULN stock forecast 2023


Price Range


$0.55 – $.80

According to various analysts and our research team’s analysis, the price of Mullen will be range bound between $0.55 to $0.80 for 2023. The bull case prediction is about $.80 and the bear case prediction is about $.55.

Check out: Price Prediction for Lucid Motors

MULN stock forecast 2025

2025 would possibly be the year of EVs when all major players will have at least a couple of models in the market already and that would give a much-needed boost to expand the infrastructure of EV chargers and that in turn will boost the adoption and sales for EVs over traditional cars.

Provided that Mullen is able to successfully navigate all the challenges it has a good chance to explode in the next couple of years.


Price Range


$2.5 – $8

According to various analysts and our research team’s analysis, the price of MULN stock will range bound between $2.5 to $8 in 2025.

Check Out: NIO Price Forecast for 2023 and Beyond

MULN stock price prediction 2030


Price Range


$18 – $30

Although it is very early to forecast how mullen will do in the next 8 to 10 years as we don’t have many sales numbers to work with right now however based on our analysis of the technology it has developed and the growth expected in EV market we are confident that it will be a tough competitor among other established EV players like Lucid, Tesla and Rivian.

Mullen Automotive has also recently announced plans to expand its production facilities in the USA and Europe and it has been recognized for its commitment to environmentally conscious production which is a big plus compared to some of the other EV players in the market which do not have a clear roadmap on environment sustainability.

Also Read: SoFi Price Forecast – Huge Upside Potential

Disclaimer: This is a prediction based on a consolidated analysis of different experts however it accounts for many factors that depend on future microeconomic environments and that could change over the next few years. Always do your own research before buying into any investments.


This is a list of frequently asked questions that people have asked about JMIA Stock.

How high will MULN stock go?

MULN stock can go as high as $8 in the next couple of years by the end of 2025.

Is MULN a good stock to buy?

According to several analysts, MULN stock has an overall buy rating. It is expected to cross $8 in the next couple of years by 2025.

Is MULN undervalued?

Yes after the recent drop in MULN stock price, it is considered to be undervalued. Provided that it mitigates the risks successfully it has a strong potential to explode in the next couple of years. See the full price prediction in this article.

What is the future of Mullen Automotive?

The future of Mullen Automotive is bright. The company is working to stay competitive in the automotive industry by investing in technology, expanding its service offerings, and expanding its customer base. They are also looking for ways to reduce costs and increase efficiency. As the demand for new and innovative automotive services increases, Mullen Automotive is well-positioned to capitalize on these opportunities. See the price prediction for MULN Stock in 2025 and 2023 here.

Final Thoughts

Overall MULN stock falls into the penny stock category and by definition, it is a high-risk high reward play into the market.

The EV market is highly competitive with many established players and new entrants. Mullen needs to stay ahead of the competition by investing in R&D and staying abreast of industry trends on the Regulatory side the compliance requirements are constantly changing and Mullen must ensure that their products and services comply with all relevant laws and regulations.

See – SoFi Price Prediction for 2023 and beyond. Huge Upside

Apart from that, Mullen must be able to maintain a reliable supply chain of raw materials, components, and services in order to maintain their production and delivery schedule.

Considering these risks are mitigated successfully there is a very good chance that Mullen explode in the next couple of years and we should keep this on our watch list to track the latest around Mullen.

4.9/5 - (18 votes)

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