Even though Mullen Automotive may be optimistic about its performance in 2025, it is unlikely to be as good as the ATH of the past year.
By the year 2025, we think that the average price of Mullen Automotive shares will be $0.94. If the company keeps growing at the same rate it is now, our highest price target for Mullen Automotive in 2025 is $1.42.
If the market turns down, Mullen Automotive could go as low as $0.73. But if the market goes up in 2025, Mullen Automotive could grow even more than we expect.