Noodles & Company (NDLS)
NASDAQ: NDLS · Real-Time Price · USD
1.140
-0.030 (-2.56%)
At close: Nov 4, 2024, 4:00 PM
1.160
+0.020 (1.75%)
After-hours: Nov 4, 2024, 4:24 PM EST
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 221.93% from the current stock price of 1.14.
Analyst Consensus: Strong Buy
* Price targets were last updated on Jul 1, 2024.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '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 | +250.88% | Jul 1, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $3 | Strong Buy | Reiterates | $3 | +163.16% | May 13, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $4 → $3 | Strong Buy | Maintains | $4 → $3 | +163.16% | Apr 24, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $5 → $4 | Strong Buy | Maintains | $5 → $4 | +250.88% | Mar 12, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $5 → $4 | Strong Buy | Maintains | $5 → $4 | +250.88% | Mar 11, 2024 |
Financial Forecast
Revenue This Year
508.98M
from 503.41M
Increased by 1.11%
Revenue Next Year
514.77M
from 508.98M
Increased by 1.14%
EPS This Year
-0.34
from -0.21
EPS Next Year
-0.25
from -0.34
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 525.0M | 537.7M |
| Avg | 509.0M | 514.8M |
| Low | 488.1M | 487.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 4.3% | 5.6% |
| Avg | 1.1% | 1.1% |
| Low | -3.0% | -4.2% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.33 | -0.09 |
| Avg | -0.34 | -0.25 |
| Low | -0.34 | -0.40 |
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.