Mullen Automotive Stock Price Prediction 2040 (2024)

FAQs

How high will Mullen stock go? ›

The average one-year price target for Mullen Automotive, Inc. is $23.46. The forecasts range from a low of $23.23 to a high of $24.15.

With steady growth, capturing 2% of the U.S. EV market share and the manufacturing of more than 50,000 vehicles per year, Mullen could see its stock price in the $15 – $30 range by 2030.

At the end 0.142 dollars, change for September -34.0%. Mullen Automotive stock prediction for October 2024. The forecast for beginning 0.142 dollars. Maximum price 0.146, minimum 0.111.

Mullen Automotive (MULN) has an AI Score of 4/10 (Hold) because, according to an overall analysis, it has a probability advantage of -3.06% of beating the market (S&P500) in the next 3 months.

Historical daily share price chart and data for Mullen Automotive since 2008 adjusted for splits and dividends. The latest closing stock price for Mullen Automotive as of August 30, 2024 is 0.21. The all-time high Mullen Automotive stock closing price was 20002500.20 on October 09, 2012.

According to Benzinga Pro, Mullen Automotive's peer group average for short interest as a percentage of float is 6.91%, which means the company has more short interest than most of its peers. Did you know that increasing short interest can actually be bullish for a stock?

MTL Stock Forecast FAQ

The highest analyst price target is C$22.00 ,the lowest forecast is C$16.50. The average price target represents 25.53% Increase from the current price of C$14.26. Mullen Group Ltd.'s analyst rating consensus is a Strong Buy. This is based on the ratings of 5 Wall Streets Analysts.

One of the main reasons why Mullen's share price has plummeted to this extreme point is that the company has never generated a dollar in revenue since its IPO.

Mullen Automotive (NASDAQ:MULN) stock has experienced a significant decline in its stock price as they recently removed it from the Russell 2000 Index. The removal was because of the company's failure to meet the price requirements set by FTSE Russell. As a result, MULN stock has already been excluded from the index.

Mullen Automotive Receives Delisting Determination from Nasdaq Staff for Failure to Maintain Minimum $1.00 Bid Requirement.

How many shares of Mullen are there? ›

Number of shares outstanding as of September 2024 : 12,134,899. According to Mullen Automotive's latest financial reports and stock price the company's current number of shares outstanding is 12,134,899. At the end of 2024 the company had 12,134,899 shares outstanding.

Mullen's Common Stock will continue to trade on The Nasdaq Capital Market (“Nasdaq”) under the existing symbol “MULN” and will begin trading on a split-adjusted basis when the market opens on December 21, 2023.

Largest shareholders include Susquehanna International Group, Llp, Susquehanna International Group, Llp, Wolverine Trading, Llc, Vanguard Group Inc, BlackRock Inc., VEXMX - Vanguard Extended Market Index Fund Investor Shares, Geode Capital Management, Llc, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, ...

BlackRock Inc. reports 16.97% increase in ownership of MULN / Mullen Automotive, Inc. On August 13, 2024 - BlackRock Inc. filed a 13F-HR form disclosing ownership of 82,228 shares of Mullen Automotive, Inc. (US:MULN) valued at $197,347 USD as of June 30, 2024.

Vanguard Group Inc reports 77.63% increase in ownership of MULN / Mullen Automotive, Inc. On August 13, 2024 - Vanguard Group Inc filed a 13F-HR form disclosing ownership of 366,133 shares of Mullen Automotive, Inc.

Mullen Automotive (MULN) incurred a net loss of $1 billion for the year ended Sept. 30, of which $820.4 million was attributed to non-cash expenses. These expenses included $85.44 million in stock-based compensation and a $63.98 million goodwill impairment for Bollinger. MULN stock fell by over 99% in 2023.

Largest shareholders include Susquehanna International Group, Llp, Vanguard Group Inc, Susquehanna International Group, Llp, Belvedere Trading LLC, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, Wolverine Trading, Llc, VEXMX - Vanguard Extended Market Index Fund Investor Shares, BlackRock Inc., Geode ...

Total debt on the balance sheet as of March 2024 : $16.49 M

According to Mullen Automotive's latest financial reports the company's total debt is $16.49 M. A company's total debt is the sum of all current and non-current debts.