Is Mullen automotive a good stock to buy in 2025?

Panda Forecast offers a more positive Mullen Automotive stock forecast for 2025, showing a predicted average stock price of $23. However, a Mullen Automotive share price forecast over that period will depend on many factors, including Mullen’s rate of development and broader economic factors such as the rising costs of living.

What factors affect Mullen automotive share price forecast?

However, a Mullen Automotive share price forecast over that period will depend on many factors, including Mullen’s rate of development and broader economic factors such as the rising costs of living. The company’s prospects are linked to EV market growth.

Will a reverse share split push the Mullen automotive share price up in 2023?

Any or all of those factors could push the Mullen Automotive share price up in 2023. One thing that won’t likely happen anytime soon, however, is a reverse share split. Some folks might have assumed that Mullen would enact a reverse share split to get MULN stock above $1.

What is Mullen automotive?

MULN is an EV manufacturer based in Southern California that owns and partners with several businesses in working towards the goal of clean and scalable energy solutions. Mullen Automotive went public on 5 November 2021 and trades on the Nasdaq Stock Exchange under the ‘MULN’ stock ticker.