Noodles & Company (NDLS) Stock Forecast, Price Target & Predictions
NDLS Stock Forecast
Noodles & Company stock forecast is as follows: an average price target of $6.00 (represents a 733.33% 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 733.33% upside from NDLS's last price of $0.72.
NDLS Analyst Ratings
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% | 594.44% |
| Mar 09, 2023 | Joshua Long | Stephens | $7.00 | $5.45 | 28.44% | 872.22% |
| Apr 28, 2022 | BMO Capital | $7.00 | $5.66 | 23.67% | 872.22% |
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 594.44% 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 |
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 | $122.76M | $123.23M | $130.41M | $120.77M | $122.53M | $125.85M | $130.70M | $121.41M | $125.80M | $126.13M | $136.98M | $126.95M | $136.56M | $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 | $121.59M | $122.06M | $129.17M | $119.62M | $120.20M | $125.85M | $130.70M | $121.41M | $124.87M | $126.13M | $135.67M | $125.74M | $135.26M | $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 | $5.12M | $5.14M | $5.44M | $5.04M | $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 | $-6.35M | $-4.08M | $-2.72M | $-3.63M | $-6.11M | $-2.57M | $-2.42M | $-7.69M | $456.40K | $-453.24K | $2.52M | $-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 | $-6.42M | $-4.13M | $-2.75M | $-3.67M | $-6.98M | $-2.60M | $-2.45M | $-11.53M | $-1.37M | $-458.91K | $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 | $12.45M | $12.50M | $13.23M | $12.25M | $12.43M | $12.77M | $13.26M | $21.24M | $12.76M | $12.80M | $13.90M | $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 | $12.33M | $12.38M | $13.10M | $12.13M | $12.19M | $12.77M | $13.26M | $14.16M | $12.67M | $12.80M | $13.76M | $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 | $0.69 | $6.00 | 769.57% | Hold |
| STKS | ONE Group Hospitality | $2.91 | $8.50 | 192.10% | Buy |
| BLMN | Bloomin' Brands | $12.60 | $20.00 | 58.73% | Hold |
| JACK | Jack in the Box | $42.85 | $61.33 | 43.13% | Buy |
| DENN | Denny's | $6.26 | $7.50 | 19.81% | Buy |
| BJRI | BJ's Restaurants | $37.33 | $39.60 | 6.08% | Buy |
| LOCO | El Pollo Loco | $12.41 | $12.00 | -3.30% | |
| EAT | Brinker | $133.77 | $100.50 | -24.87% | Hold |