Mullen Automotive (MULN) Stock Price, News & Analysis

Company Overview

Mullen Automotive, Inc. is a California-based developer and manufacturer of electric vehicles, specializing in both consumer and commercial markets. Founded in 2014 as Marshall EV, the company rebranded to Mullen Automotive and completed a reverse merger in 2020 to become a publicly traded entity on NASDAQ under the ticker MULN. Headquartered in Brea, California, Mullen has pursued a vertically integrated approach, encompassing vehicle design, battery technology, and supply chain partnerships to support its growing product lineup.

The company’s flagship offerings include the Mullen FIVE, an all-electric compact SUV available in several trim levels, and the Mullen GT series, which targets luxury and performance segments. On the commercial side, Mullen’s Campus EV and Mullen ONE models are purpose-built for last-mile delivery and fleet services, featuring modular battery packs and customizable cargo volumes. Mullen has also announced plans for a series of Class 1–5 electric trucks, leveraging its in-house battery assembly capabilities and collaborations with leading cell manufacturers.

Mullen Automotive primarily serves North American markets, with a dealer and service network spanning the United States and Canada. The company has secured distribution agreements in select international regions, including parts of Europe and the Middle East, to expand its footprint. Mullen’s operations include an R&D center in California, focused on vehicle software, battery management systems, and advanced driver assistance technologies, as well as plans for a production facility in Tunica, Mississippi, to increase volume capacity.

Leadership at Mullen Automotive is spearheaded by Chairman and Chief Executive Officer David Michery, who has guided the company since its inception and holds a background in automotive distribution and financial services. He is supported by an executive team with extensive experience in engineering, supply chain management, and commercial vehicle operations. Under their direction, Mullen aims to scale manufacturing, meet growing demand for electric mobility solutions, and transition legacy fleets to zero-emission platforms.

Key Stats

• Today's Range: $0.09 to $0.11
• 50-Day Range: $0.09 to $34.00
• 52-Week Range: $0.09 to $94,200,000.00
• Volume: 83.93 million shs
• Average Volume: 5.27 million shs
• Market Capitalization: $39.34 thousand
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

MULN Stock Analysis - Frequently Asked Questions

How have MULN shares performed this year?

Mullen Automotive's stock was trading at $720,000.00 at the beginning of 2025. Since then, MULN shares have decreased by 100.0% and is now trading at $0.0894.

How were Mullen Automotive's earnings last quarter?

Mullen Automotive, Inc. (NASDAQ:MULN) posted its quarterly earnings results on Tuesday, May, 20th. The company reported ($48,923.00) earnings per share for the quarter. The company earned $4.95 million during the quarter. Mullen Automotive had a negative net margin of 4,760.68% and a negative trailing twelve-month return on equity of 2,736.27%.

When did Mullen Automotive's stock split?

Mullen Automotive's stock reverse split on Tuesday, June 3rd 2025.The 1-100 reverse split was announced on Thursday, May 29th 2025. The number of shares owned by shareholders was adjusted after the market closes on Friday, May 30th 2025. An investor that had 100 shares of stock prior to the reverse split would have 1 shares after the split.

How do I buy shares of Mullen Automotive?

Shares of MULN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Mullen Automotive own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Mullen Automotive investors own include Waste Connections (WCN), DiamondRock Hospitality (DRH), American Water Works (AWK), iShares Micro-Cap ETF (IWC), The RMR Group (RMR), AU Optronics (AUOTY) and Voyager Therapeutics (VYGR).

Company Calendar

• Last Earnings: 5/20/2025
• Today: 7/19/2025
• Next Earnings (Estimated): 8/11/2025
• Fiscal Year End: 9/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Auto/Tires/Trucks
• Industry: AUTO - DOMESTIC
• Sub-Industry: Business Services
• Current Symbol: NASDAQ:MULN
• CIK: 1499961
• Web: investors.mullenusa.com
• Phone: (714) 613-1900
• Fax: 786-272-0696
• Employees: 120
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$457.06 million
• Net Margins: -4,760.68%
• Pretax Margin: N/A
• Return on Equity: -2,736.27%
• Return on Assets: -246.76%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.25
• Quick Ratio: 0.07

Sales & Book Value

• Annual Sales: $1.09 million
• Price / Sales: 0.04
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 440,000
• Free Float: 429,000
• Market Cap: $39.34 thousand
• Optionable: Optionable
• Beta: -0.77