Noodles & Company (NDLS)
NASDAQ: NDLS · IEX Real-Time Price · USD
1.470
-0.040 (-2.65%)
At close: Apr 15, 2024, 4:00 PM
1.560
+0.090 (6.12%)
After-hours: Apr 15, 2024, 7:06 PM 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 4.00, which predicts an increase of 172.11% from the current stock price of 1.47.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $4.00 $4.00 $4.00 $4.00
Change +172.11% +172.11% +172.11% +172.11%
* Price targets were last updated on Mar 12, 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 Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 222222
Buy 000000
Hold 111111
Sell 000000
Strong Sell 000000
Total 333333

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Benchmark
Benchmark
Strong Buy
Maintains
$5$4
Strong Buy Maintains $5$4 +172.11% Mar 12, 2024
Truist Securities
Truist Securities
Strong Buy
Maintains
$5$4
Strong Buy Maintains $5$4 +172.11% Mar 11, 2024
Stephens & Co.
Stephens & Co.
Hold
Maintains
$5$4
Hold Maintains $5$4 +172.11% Nov 8, 2023
Benchmark
Benchmark
Strong Buy
Maintains
$6$5
Strong Buy Maintains $6$5 +240.14% Aug 11, 2023
Stephens & Co.
Stephens & Co.
Hold
Reiterates
$5
Hold Reiterates $5 +240.14% Aug 10, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
529.92M
from 503.41M
Increased by 5.27%
Revenue Next Year
551.54M
from 529.92M
Increased by 4.08%
EPS This Year
-0.30
from -0.21
EPS Next Year
-0.23
from -0.30
Year 2019202020212022202320242025
Revenue
462.41M393.66M475.15M509.48M503.41M529.92M551.54M
Revenue Growth
1.00%-14.87%20.70%7.22%-1.19%5.27%4.08%
EPS
0.04-0.530.08-0.07-0.21-0.30-0.23
EPS Growth
-------
No. Analysts -----55
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 547.7M 571.4M
Avg 529.9M 551.5M
Low 506.9M 526.2M

Revenue Growth

Revenue Growth 20242025
High
8.8%
7.8%
Avg
5.3%
4.1%
Low
0.7%
-0.7%

EPS Forecast

EPS 20242025
High -0.25 -0.14
Avg -0.30 -0.23
Low -0.36 -0.33

EPS Growth

EPS Growth 20242025
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.