Noodles & Company (NDLS) Stock Forecast, Price Target & Predictions

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NDLS Stock Forecast

Noodles & Company stock forecast is as follows: an average price target of $6.00 (represents a 736.82% upside from NDLS’s last price of $0.72) and a rating consensus of 'Hold', based on 4 wall street analysts offering a 1-year stock forecast.

NDLS Price Target

The average price target for Noodles & Company (NDLS) is $6.00 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $7.00 to $5.00. This represents a potential 736.82% upside from NDLS's last price of $0.72.

NDLS Analyst Ratings

Hold

According to 4 Wall Street analysts, Noodles & Company's rating consensus is 'Hold'. The analyst rating breakdown for NDLS stock is 0 'Strong Buy' (0.00%), 1 'Buy' (25.00%), 3 'Hold' (75.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Noodles & Company Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
May 19, 2023	Joshua Long	Stephens	$5.00	$3.29	52.21%	597.35%
Mar 09, 2023	Joshua Long	Stephens	$7.00	$5.45	28.44%	876.29%
Apr 28, 2022	-	BMO Capital	$7.00	$5.66	23.67%	876.29%

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The latest Noodles & Company stock forecast, released on May 19, 2023 by Joshua Long from Stephens, set a price target of $5.00, which represents a 52.21% increase from the stock price at the time of the forecast ($3.29), and a 597.35% increase from NDLS last price ($0.72).

Noodles & Company Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	-
Avg Price Target	-	-	-
Last Closing Price	$0.72	$0.72	$0.72
Upside/Downside	-100.00%	-100.00%	-100.00%

In the current month, the average price target of Noodles & Company stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Noodles & Company's last price of $0.72. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Nov 08, 2023	Stephens	Equal-Weight	Equal-Weight	Hold
Jul 05, 2023	Benchmark	Buy	Buy	Hold
May 19, 2023	Stephens	Overweight	Equal-Weight	Downgrade
Mar 09, 2023	Stephens	Overweight	Overweight	Hold
Nov 07, 2022	BMO Capital	Market Perform	Market Perform	Hold
Apr 28, 2022	BMO Capital	Market Perform	Market Perform	Hold
Apr 26, 2022	Piper Sandler	-	Neutral	Downgrade
Feb 24, 2022	Stephens	Overweight	Overweight	Hold

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Noodles & Company's last stock rating was published by Stephens on Nov 08, 2023. The company gave NDLS a "Equal-Weight" rating, the same as its previous rate.

Noodles & Company Financial Forecast

Noodles & Company Revenue Forecast

	Dec 25	Oct 25	Jul 25	Mar 25	Dec 24	Oct 24	Jul 24	Mar 24	Dec 23	Oct 23	Jul 23	Mar 23	Dec 22	Oct 22	Jul 22	Apr 22	Jan 22	Oct 21	Jul 21	Apr 21	Jan 21	Oct 20	Jul 20	Apr 20	Jan 20	Oct 19	Jul 19	Apr 19	Apr 18	Apr 17
Revenue	-	-	-	-	-	-	-	-	$136.47M	-	-	$126.08M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Avg Forecast	$122.24M	$122.71M	$129.86M	$120.26M	$121.36M	$125.85M	$130.70M	$121.41M	$125.33M	$126.13M	$136.40M	$126.41M	$135.98M	$127.11M	$130.91M	$112.52M	$120.65M	$124.98M	$123.32M	$104.03M	$107.46M	$107.19M	$79.53M	$104.80M	$117.80M	$120.33M	$117.72M	$108.83M	$82.88M	$102.11M
High Forecast	$122.92M	$123.40M	$130.59M	$120.93M	$122.53M	$125.85M	$130.70M	$121.41M	$125.80M	$126.13M	$137.16M	$127.12M	$136.74M	$127.11M	$130.91M	$112.52M	$120.65M	$124.98M	$123.32M	$104.03M	$107.46M	$107.19M	$79.53M	$104.80M	$117.80M	$120.33M	$117.72M	$108.83M	$99.45M	$122.53M
Low Forecast	$121.46M	$121.93M	$129.03M	$119.49M	$120.20M	$125.85M	$130.70M	$121.41M	$124.87M	$126.13M	$135.53M	$125.60M	$135.11M	$127.11M	$130.91M	$112.52M	$120.65M	$124.98M	$123.32M	$104.03M	$107.46M	$107.19M	$79.53M	$104.80M	$117.80M	$120.33M	$117.72M	$108.83M	$66.30M	$81.69M
# Analysts	1	1	1	1	2	1	2	2	3	1	1	1	1	1	1	1	1	1	1	1	9	15	9	9	15	8	10	16	18	11
Surprise %	-	-	-	-	-	-	-	-	1.09%	-	-	1.00%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Noodles & Company's average Quarter revenue forecast for Mar 24 based on 2 analysts is $121.41M, with a low forecast of $121.41M, and a high forecast of $121.41M. NDLS's average Quarter revenue forecast represents a -11.04% decrease compared to the company's last Quarter revenue of $136.47M (Dec 23).

Noodles & Company EBITDA Forecast

	Dec 25	Oct 25	Jul 25	Mar 25	Dec 24	Oct 24	Jul 24	Mar 24	Dec 23	Oct 23	Jul 23	Mar 23	Dec 22	Oct 22	Jul 22	Apr 22	Jan 22	Oct 21	Jul 21	Apr 21	Jan 21	Oct 20	Jul 20	Apr 20	Jan 20	Oct 19	Jul 19	Apr 19	Apr 18	Apr 17
# Analysts	1	1	1	1	2	1	2	2	3	1	1	1	1	1	1	1	1	1	1	1	9	15	9	9	15	8	10	16	18	11
EBITDA	-	-	-	-	-	-	-	-	$8.93M	-	-	$5.59M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Avg Forecast	$5.10M	$5.12M	$5.42M	$5.02M	$5.07M	$5.25M	$5.46M	$-529.12K	$5.23M	$5.26M	$5.69M	$-481.02K	$-12.98M	$7.34M	$7.56M	$-437.29K	$6.97M	$7.22M	$7.13M	$4.64M	$6.21M	$6.19M	$4.60M	$343.57K	$6.81M	$6.95M	$6.80M	$5.57M	$2.11M	$-16.56M
High Forecast	$5.13M	$5.15M	$5.45M	$5.05M	$5.11M	$5.25M	$5.46M	$-423.30K	$5.25M	$5.26M	$5.72M	$-384.82K	$-10.39M	$7.34M	$7.56M	$-349.83K	$6.97M	$7.22M	$7.13M	$5.57M	$6.21M	$6.19M	$4.60M	$412.29K	$6.81M	$6.95M	$6.80M	$6.68M	$2.53M	$-13.25M
Low Forecast	$5.07M	$5.09M	$5.39M	$4.99M	$5.02M	$5.25M	$5.46M	$-634.95K	$5.21M	$5.26M	$5.66M	$-577.23K	$-15.58M	$7.34M	$7.56M	$-524.75K	$6.97M	$7.22M	$7.13M	$3.72M	$6.21M	$6.19M	$4.60M	$274.86K	$6.81M	$6.95M	$6.80M	$4.45M	$1.68M	$-19.88M
Surprise %	-	-	-	-	-	-	-	-	1.71%	-	-	-11.63%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

2 analysts predict NDLS's average Quarter EBITDA for Mar 24 to be $-529.12K, with a high of $-423.30K and a low of $-634.95K. This is -105.93% lower than Noodles & Company's previous annual EBITDA (Dec 23) of $8.93M.

Noodles & Company Net Income Forecast

	Dec 25	Oct 25	Jul 25	Mar 25	Dec 24	Oct 24	Jul 24	Mar 24	Dec 23	Oct 23	Jul 23	Mar 23	Dec 22	Oct 22	Jul 22	Apr 22	Jan 22	Oct 21	Jul 21	Apr 21	Jan 21	Oct 20	Jul 20	Apr 20	Jan 20	Oct 19	Jul 19	Apr 19	Apr 18	Apr 17
# Analysts	1	1	1	1	2	1	2	2	3	1	1	1	1	1	1	1	1	1	1	1	9	15	9	9	15	8	10	16	18	11
Net Income	-	-	-	-	-	-	-	-	$975.00K	-	-	$-3.12M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Avg Forecast	$-6.39M	$-4.11M	$-2.74M	$-3.65M	$-6.54M	$-2.59M	$-2.43M	$-9.61M	$-456.40K	$-456.40K	$2.51M	$-8.74M	$-14.16M	$2.20M	$3.27M	$-7.94M	$3.48M	$4.01M	$4.82M	$-2.17M	$1.55M	$90.90K	$-9.54M	$-4.17M	$2.82M	$3.30M	$1.97M	$-2.33M	$-2.40M	$-22.97M
High Forecast	$-6.34M	$-4.07M	$-2.72M	$-3.62M	$-6.11M	$-2.56M	$-2.41M	$-7.69M	$456.40K	$-452.60K	$2.53M	$-6.99M	$-11.33M	$2.20M	$3.27M	$-6.35M	$3.48M	$4.01M	$4.82M	$-1.74M	$1.55M	$90.90K	$-9.54M	$-3.33M	$2.82M	$3.30M	$1.97M	$-1.87M	$-1.92M	$-18.38M
Low Forecast	$-6.44M	$-4.14M	$-2.76M	$-3.68M	$-6.98M	$-2.61M	$-2.45M	$-11.53M	$-1.37M	$-459.71K	$2.49M	$-10.48M	$-16.99M	$2.20M	$3.27M	$-9.53M	$3.48M	$4.01M	$4.82M	$-2.61M	$1.55M	$90.90K	$-9.54M	$-5.00M	$2.82M	$3.30M	$1.97M	$-2.80M	$-2.88M	$-27.57M
Surprise %	-	-	-	-	-	-	-	-	-2.14%	-	-	0.36%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Noodles & Company's average Quarter net income forecast for Mar 24 is $-9.61M, with a range of $-11.53M to $-7.69M. NDLS's average Quarter net income forecast represents a -1085.59% decrease compared to the company's last Quarter net income of $975.00K (Dec 23).

Noodles & Company SG&A Forecast

	Dec 25	Oct 25	Jul 25	Mar 25	Dec 24	Oct 24	Jul 24	Mar 24	Dec 23	Oct 23	Jul 23	Mar 23	Dec 22	Oct 22	Jul 22	Apr 22	Jan 22	Oct 21	Jul 21	Apr 21	Jan 21	Oct 20	Jul 20	Apr 20	Jan 20	Oct 19	Jul 19	Apr 19	Apr 18	Apr 17
# Analysts	1	1	1	1	2	1	2	2	3	1	1	1	1	1	1	1	1	1	1	1	9	15	9	9	15	8	10	16	18	11
SG&A	-	-	-	-	-	-	-	-	$13.72M	-	-	$13.64M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Avg Forecast	$12.40M	$12.45M	$13.17M	$12.20M	$12.31M	$12.77M	$13.26M	$17.70M	$12.71M	$12.80M	$13.84M	$16.09M	$34.19M	$12.90M	$13.28M	$14.63M	$12.24M	$12.68M	$12.51M	$12.02M	$10.90M	$10.87M	$8.07M	$11.40M	$11.95M	$12.21M	$11.94M	$35.91M	$20.33M	$45.94M
High Forecast	$12.47M	$12.52M	$13.25M	$12.27M	$12.43M	$12.77M	$13.26M	$21.24M	$12.76M	$12.80M	$13.91M	$19.31M	$41.03M	$12.90M	$13.28M	$17.55M	$12.24M	$12.68M	$12.51M	$14.43M	$10.90M	$10.87M	$8.07M	$13.68M	$11.95M	$12.21M	$11.94M	$43.09M	$24.40M	$55.13M
Low Forecast	$12.32M	$12.37M	$13.09M	$12.12M	$12.19M	$12.77M	$13.26M	$14.16M	$12.67M	$12.80M	$13.75M	$12.87M	$27.35M	$12.90M	$13.28M	$11.70M	$12.24M	$12.68M	$12.51M	$9.62M	$10.90M	$10.87M	$8.07M	$9.12M	$11.95M	$12.21M	$11.94M	$28.72M	$16.27M	$36.75M
Surprise %	-	-	-	-	-	-	-	-	1.08%	-	-	0.85%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Noodles & Company's average Quarter SG&A projection for Mar 24 is $17.70M, based on 2 Wall Street analysts, with a range of $14.16M to $21.24M. The forecast indicates a 28.96% rise compared to NDLS last annual SG&A of $13.72M (Dec 23).

Noodles & Company EPS Forecast

	Dec 25	Oct 25	Jul 25	Mar 25	Dec 24	Oct 24	Jul 24	Mar 24	Dec 23	Oct 23	Jul 23	Mar 23	Dec 22	Oct 22	Jul 22	Apr 22	Jan 22	Oct 21	Jul 21	Apr 21	Jan 21	Oct 20	Jul 20	Apr 20	Jan 20	Oct 19	Jul 19	Apr 19	Apr 18	Apr 17
# Analysts	1	1	1	1	2	1	2	2	3	1	1	1	1	1	1	1	1	1	1	1	9	15	9	9	15	8	10	16	18	11
EPS	-	-	-	-	-	-	-	-	$0.02	-	-	$-0.07	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Avg Forecast	$-0.14	$-0.09	$-0.06	$-0.08	$-0.14	$-0.06	$-0.05	$-0.17	$-0.01	$-0.01	$0.06	$-0.08	$0.03	$0.05	$0.07	$-0.16	$0.08	$0.09	$0.11	$-0.01	$0.03	-	$-0.21	$-0.06	$0.06	$0.07	$0.04	$-0.05	$-0.02	$-0.06
High Forecast	$-0.14	$-0.09	$-0.06	$-0.08	$-0.13	$-0.06	$-0.05	$-0.17	$0.01	$-0.01	$0.06	$-0.08	$0.03	$0.05	$0.07	$-0.16	$0.08	$0.09	$0.11	$-0.01	$0.03	-	$-0.21	$-0.06	$0.06	$0.07	$0.04	$-0.05	$-0.02	$-0.05
Low Forecast	$-0.14	$-0.09	$-0.06	$-0.08	$-0.15	$-0.06	$-0.05	$-0.17	$-0.03	$-0.01	$0.05	$-0.08	$0.02	$0.05	$0.07	$-0.16	$0.08	$0.09	$0.11	$-0.01	$0.03	-	$-0.21	$-0.06	$0.06	$0.07	$0.04	$-0.05	$-0.02	$-0.07
Surprise %	-	-	-	-	-	-	-	-	-2.00%	-	-	0.82%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

According to 2 Wall Street analysts, Noodles & Company's projected average Quarter EPS for Mar 24 is $-0.17, with a low estimate of $-0.17 and a high estimate of $-0.17. This represents a -966.65% decrease compared to NDLS previous annual EPS of $0.02 (Dec 23).

Noodles & Company Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
NDLS	Noodles & Company	$0.72	$6.00	733.33%	Hold
STKS	ONE Group Hospitality	$3.09	$8.50	175.08%	Buy
BLMN	Bloomin' Brands	$12.59	$23.57	87.21%	Hold
JACK	Jack in the Box	$45.60	$71.75	57.35%	Buy
DENN	Denny's	$6.27	$9.00	43.54%	Buy
BJRI	BJ's Restaurants	$34.13	$39.60	16.03%	Buy
CHUY	Chuy's	$37.48	$39.25	4.72%	Hold
LOCO	El Pollo Loco	$11.98	$12.00	0.17%	-
EAT	Brinker	$124.74	$69.10	-44.60%	Hold

NDLS Forecast FAQ

Is Noodles & Company a good buy?

No, according to 4 Wall Street analysts, Noodles & Company (NDLS) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 25.00% of NDLS's total ratings.

What is NDLS's price target?

Noodles & Company (NDLS) average price target is $6 with a range of $5 to $7, implying a 736.82% from its last price of $0.717. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Noodles & Company stock go up soon?

According to Wall Street analysts' prediction for NDLS stock, the company can go up by 736.82% (from the last price of $0.717 to the average price target of $6), up by 876.29% based on the highest stock price target, and up by 597.35% based on the lowest stock price target.

Can Noodles & Company stock reach $1?

NDLS's average twelve months analyst stock price target of $6 supports the claim that Noodles & Company can reach $1 in the near future.

What are Noodles & Company's analysts' financial forecasts?

Noodles & Company's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $499.32M (high $500.49M, low $498.16M), average EBITDA is $15.24M (high $15.4M, low $15.09M), average net income is $-21.171M (high $-18.771M, low $-23.566M), average SG&A $56.03M (high $59.69M, low $52.38M), and average EPS is $-0.427 (high $-0.415, low $-0.438). NDLS's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $495.07M (high $497.84M, low $491.9M), average EBITDA is $20.66M (high $20.78M, low $20.53M), average net income is $-16.887M (high $-16.746M, low $-17.009M), average SG&A $50.22M (high $50.5M, low $49.9M), and average EPS is $-0.37 (high $-0.367, low $-0.373).

Did the NDLS's actual financial results beat the analysts' financial forecasts?

Based on Noodles & Company's last annual report (Dec 2023), the company's revenue was $509.48M, which missed the average analysts forecast of $514.28M by -0.93%. Apple's EBITDA was $28.6M, beating the average prediction of $15.71M by 82.07%. The company's net income was $-3.314M, missing the average estimation of $-7.138M by -53.58%. Apple's SG&A was $49.9M, missing the average forecast of $55.44M by -9.98%. Lastly, the company's EPS was $-0.0722, beating the average prediction of $-0.0475 by 52.00%. In terms of the last quarterly report (Dec 2023), Noodles & Company's revenue was $136.47M, beating the average analysts' forecast of $125.33M by 8.88%. The company's EBITDA was $8.93M, beating the average prediction of $5.23M by 70.63%. Noodles & Company's net income was $975K, missing the average estimation of $-456K by -313.63%. The company's SG&A was $13.72M, beating the average forecast of $12.71M by 7.93%. Lastly, the company's EPS was $0.02, missing the average prediction of $-0.01 by -300.00%