Mullen Automotive, Inc.

Mullen Automotive, Inc. Stock Forecast & Price Prediction

Live Mullen Automotive, Inc. Stock (MULN) Price
$2.69

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$2.69

P/E Ratio

0.00

Volume Traded Today

$624,000

Dividend

Dividends not available for MULN

52 Week High/low

2,100.00/1.60

Mullen Automotive, Inc. Market Cap

$23.7M

๐Ÿ›‘ Alert: These ten stocks could have higher potential than $MULN ๐Ÿ›‘

Before you buy MULN you'll want to see this list of ten stocks that have huge potential. Want to see if MULN made the cut? Enter your email below

MULN Summary

The Mullen Automotive, Inc. (MULN) share price is expected to decrease by 100% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered MULN. Price targets range from $ at the low end to $ at the high end. The current analyst consensus for MULN is a sell. Please note analyst price targets are not guaranteed and could be missed completely.

MULN Analyst Ratings

About 0 Wall Street analysts have assignedMULN 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Mullen Automotive, Inc. to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on MULN. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

MULN stock forecast by analyst

These are the latest 20 analyst ratings of MULN.

Analyst/Firm

Rating

Price Target

Change

Date

Data Not Found!

MULN Company Information

What They Do: Manufactures and sells electric vehicles.

Business Model: The company generates revenue by manufacturing, selling, and distributing both passenger and commercial electric vehicles. Additionally, it offers advanced solid-state polymer battery technology, which could provide a competitive edge in the EV market.

Other Information: Mullen Automotive, Inc. is based in Brea, California, positioning it within a significant hub for automotive innovation and electric vehicle development.
MULN
Mullen Automotive, Inc. (MULN)

When did it IPO

2021

Staff Count

326

Country

United States

Sector/Industry

Consumer Cyclical/Auto Manufacturers

CEO

Mr. David Michery

Market Cap

$23.7M

Mullen Automotive, Inc. (MULN) Financial Data

In 2023, MULN generated $366,000 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that MULN's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

$366,000

0.00 %
From Previous Year
  • Revenue TTM $156,570
  • Operating Margin TTM -94,643.8%
  • Gross profit TTM $92,118
  • Return on assets TTM -48.3%
  • Return on equity TTM -260.3%
  • Profit Margin 25.2%
  • Book Value Per Share 217.55%
  • Market capitalisation $23.7M
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 $366,000
  • EPS this year (TTM) $250,660.19

Mullen Automotive, Inc. (MULN) Latest News

News Image

Tue, 26 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Mullen Automotive's Emerald Transportation is collaborating with Papรฉ Group to create an advanced reefer upfit for the Class 3 all-electric Mullen THREE truck, targeting home delivery and frozen food sectors.

Why It Matters - Emerald's partnership with Mullen to enhance EV refrigerated trucks taps into the growing demand for eco-friendly logistics, potentially boosting sales and market share in the expanding EV sector.

News Image

Wed, 20 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - The company has delivered commercial Class 1 EV cargo vans to two major California universities in Los Angeles and Berkeley.

Why It Matters - The delivery of EV cargo vans to major universities signals growing demand for sustainable transport solutions, potentially boosting the company's market position and attracting investor interest.

News Image

Thu, 21 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Mullen Automotive plans to begin production in mid-2025, with three battery lines currently installed and more lines expected by early 2025 at its Fullerton facility.

Why It Matters - The announcement of Mullen's battery production timeline and facility upgrades signals growth potential in the EV sector, impacting investor confidence and stock performance.

News Image

Mon, 18 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - The Bollinger B4 electric truck, priced at $158,758, is eligible for a rebate of up to $60,000 under the HVIP program.

Why It Matters - The rebate significantly reduces the effective cost of the Bollinger B4 electric truck, potentially boosting sales and enhancing investor confidence in the company's growth prospects.

News Image

Mon, 18 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Bollinger Motors' B4 electric truck qualifies for up to $60,000 in rebates under California's HVIP, reducing its effective cost to under $60,000 when combined with a $40,000 federal tax credit.

Why It Matters - Bollinger Motors' qualification for HVIP enhances the attractiveness of its B4 electric truck, potentially boosting sales and market share, positively impacting investor sentiment and stock performance.

News Image

Fri, 15 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Bollinger Motors has partnered with NAFG to sell its all-electric Class 4 B4 trucks to government agencies via Sourcewell contract #032824-NAF, enhancing its market reach.

Why It Matters - Bollinger's contract with NAFG for Class 4 electric trucks expands its market reach, potentially increasing sales and revenue, which is favorable for its stock performance.

...

MULN Frequently asked questions

The highest forecasted price for MULN is $ from at .

The lowest forecasted price for MULN is $ from from

The MULN analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.