Noodles & Company (NDLS)
NASDAQ: NDLS · Real-Time Price · USD
0.703
-0.014 (-1.95%)
Nov 21, 2024, 3:28 PM EST - Market open

Noodles & Company Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Noodles & Company stock have an average target of 3.00, which predicts an increase of 326.74% from the current stock price of 0.70.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $3.00 $3.00 $3.00 $3.00
Change +326.74% +326.74% +326.74% +326.74%

Analyst Ratings

The average analyst rating for NDLS stock from 2 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 '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 222222
Buy 000000
Hold 111110
Sell 000000
Strong Sell 000000
Total 333332

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Truist Securities
Truist Securities
Strong Buy
Maintains
$4$3
Strong Buy Maintains $4$3 +326.74% Nov 8, 2024
Truist Securities
Truist Securities
Strong Buy
Maintains
$4
Strong Buy Maintains $4 +468.99% Jul 1, 2024
Benchmark
Benchmark
Strong Buy
Reiterates
$3
Strong Buy Reiterates $3 +326.74% May 13, 2024
Benchmark
Benchmark
Strong Buy
Maintains
$4$3
Strong Buy Maintains $4$3 +326.74% Apr 24, 2024
Benchmark
Benchmark
Strong Buy
Maintains
$5$4
Strong Buy Maintains $5$4 +468.99% Mar 12, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
503.98M
from 503.41M
Increased by 0.11%
Revenue Next Year
505.93M
from 503.98M
Increased by 0.39%
EPS This Year
-0.43
from -0.21
EPS Next Year
-0.28
from -0.43
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 29, 2020 Dec 28, 2021 Jan 3, 2023 Jan 2, 2024 Jan 2, 2024 Jan 2, 2025 Jan 2, 2026
Revenue
462.41M393.66M475.15M509.48M503.41M503.98M505.93M514.20M
Revenue Growth
1.00%-14.87%20.70%7.22%-1.19%0.11%0.39%1.63%
EPS
0.04-0.530.08-0.07-0.21-0.43-0.28-0.51
EPS Growth
--------
Forward PE
--------
No. Analysts -----553
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 523.0M 522.7M 529.3M
Avg 504.0M 505.9M 514.2M
Low 481.1M 485.2M 494.0M

Revenue Growth

Revenue Growth 202420252026
High
3.9%
3.7%
4.6%
Avg
0.1%
0.4%
1.6%
Low
-4.4%
-3.7%
-2.4%

EPS Forecast

EPS 202420252026
High -0.37 -0.24 -0.53
Avg -0.43 -0.28 -0.51
Low -0.46 -0.36 -0.49

EPS Growth

EPS Growth 202420252026
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.