Quantitative models for muln stock forecast 2025 rely on historical volatility and sector momentum indices, predicting potential upside of 35%-50% if execution aligns with projected contract wins. This is a company that, in a desperate attempt to stay listed on a major index, executed three reverse stock splits last year just to keep the stock price above $1 per share. The third split was a 1-for-100 split in December. About Mullen Mullen Automotive (NASDAQ: MULN ) is a Southern California-based automotive company building the next generation of commercial EVs with two United States-based vehicle plants located in Tunica, Mississippi, (120,000 square feet) and Mishawaka, Indiana (650,000 square feet). In August 2023, Mullen began commercial vehicle production in Tunica. As of January 2024, both the Mullen ONE, a Class 1 EV cargo van, and Mullen THREE, a Class 3 EV cab chassis truck, are California Air Resource Board (“CARB”) and EPA certified and available for sale in the U.S. The Company has also recently expanded its commercial dealer network to seven dealers, which includes Pape Kenworth, Pritchard EV, National Auto Fleet Group, Ziegler Truck Group, Range Truck Group, Eco Auto, and Randy Marion Auto Group, providing sales and service coverage in key West Coast, Midwest, Pacific Northwest, New England and Mid-Atlantic markets. Sustained volume above 15M shares could trigger breakout scenarios.
