Noodles & Company (NDLS)
NASDAQ: NDLS · IEX Real-Time Price · USD
1.615
-0.025 (-1.52%)
At close: Jul 19, 2024, 4:30 PM
1.640
+0.025 (1.55%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Noodles & Company Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Noodles & Company stock have an average target of 3.67, with a low estimate of 3.00 and a high estimate of 4.00. The average target predicts an increase of 127.24% from the current stock price of 1.62.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for NDLS stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
---|---|---|---|---|---|---|
Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 1 | 1 | 1 | 1 | 1 | 1 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Truist Securities | Truist Securities | Strong Buy Maintains $4 | Strong Buy | Maintains | $4 | +147.68% | Jul 1, 2024 |
Benchmark | Benchmark | Strong Buy Reiterates $3 | Strong Buy | Reiterates | $3 | +85.76% | May 13, 2024 |
Benchmark | Benchmark | Strong Buy Maintains $4 → $3 | Strong Buy | Maintains | $4 → $3 | +85.76% | Apr 24, 2024 |
Benchmark | Benchmark | Strong Buy Maintains $5 → $4 | Strong Buy | Maintains | $5 → $4 | +147.68% | Mar 12, 2024 |
Truist Securities | Truist Securities | Strong Buy Maintains $5 → $4 | Strong Buy | Maintains | $5 → $4 | +147.68% | Mar 11, 2024 |
Financial Forecast
Revenue This Year
523.78M
from 503.41M
Increased by 4.05%
Revenue Next Year
541.37M
from 523.78M
Increased by 3.36%
EPS This Year
-0.28
from -0.21
EPS Next Year
-0.21
from -0.28
Revenue Forecast
Revenue | 2024 | 2025 |
---|---|---|
High | 540.8M | 558.7M |
Avg | 523.8M | 541.4M |
Low | 502.2M | 519.4M |
Revenue Growth
Revenue Growth | 2024 | 2025 |
---|---|---|
High | 7.4% | 6.7% |
Avg | 4.0% | 3.4% |
Low | -0.2% | -0.8% |
EPS Forecast
EPS | 2024 | 2025 |
---|---|---|
High | -0.24 | -0.09 |
Avg | -0.28 | -0.21 |
Low | -0.31 | -0.38 |
EPS Growth
EPS Growth | 2024 | 2025 |
---|---|---|
High | - | - |
Avg | - | - |
Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.