Noodles & Company (NDLS)
NASDAQ: NDLS · IEX Real-Time Price · USD
2.070
-0.080 (-3.72%)
At close: May 10, 2024, 4:00 PM
2.100
+0.030 (1.45%)
After-hours: May 10, 2024, 7:28 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 3.67, with a low estimate of 3.00 and a high estimate of 4.00. The average target predicts an increase of 77.29% from the current stock price of 2.07.
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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '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 |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Maintains $4 → $3 | Strong Buy | Maintains | $4 → $3 | +44.93% | Apr 24, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $5 → $4 | Strong Buy | Maintains | $5 → $4 | +93.24% | Mar 12, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $5 → $4 | Strong Buy | Maintains | $5 → $4 | +93.24% | Mar 11, 2024 |
| Stephens & Co. | Stephens & Co. | Hold Maintains $5 → $4 | Hold | Maintains | $5 → $4 | +93.24% | Nov 8, 2023 |
| Benchmark | Benchmark | Strong Buy Maintains $6 → $5 | Strong Buy | Maintains | $6 → $5 | +141.55% | Aug 11, 2023 |
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
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 547.7M | 571.4M |
| Avg | 529.9M | 551.5M |
| Low | 506.9M | 526.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 8.8% | 7.8% |
| Avg | 5.3% | 4.1% |
| Low | 0.7% | -0.7% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.25 | -0.14 |
| Avg | -0.30 | -0.23 |
| Low | -0.36 | -0.33 |
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.