What is Benchmark's Forecast for NDLS Q3 Earnings?

Key Points

• Benchmark forecasts Noodles & Company will report a Q3 2026 loss of $0.14 per share, with estimates of $0.16 EPS for Q4, a $0.22 full-year loss, and $0.46 EPS for fiscal 2027.
• Analyst sentiment remains negative: Noodles & Company has a consensus rating of “Sell”, despite Wall Street Zen recently upgrading the stock to “Buy.”
• NDLS reported $0.18 EPS and $127.04 million in revenue in its latest quarter, exceeding analyst estimates; institutional investors own 65.67% of the company, including a new 62,397-share position by Citadel Advisors.

Noodles & Company (NASDAQ:NDLS - Free Report) - Investment analysts at Benchmark issued their Q3 2026 EPS estimates for shares of Noodles & Company in a report issued on Tuesday, September 29th. Benchmark analyst T. Brooks anticipates that the restaurant operator will post earnings of ($0.14) per share for the quarter. The consensus estimate for Noodles & Company's current full-year earnings is ($0.22) per share. Benchmark also issued estimates for Noodles & Company's Q4 2026 earnings at $0.16 EPS, FY2026 earnings at ($0.22) EPS and FY2027 earnings at $0.46 EPS.

Several other research firms have also recently commented on NDLS. Wall Street Zen upgraded Noodles & Company from a "hold" rating to a "buy" rating in a research note on Saturday, August 1st. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Noodles & Company in a research note on Monday, July 6th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Noodles & Company presently has a consensus rating of "Sell".

Noodles & Company Price Performance

NDLS stock opened at $13.40 on Monday. The stock has a market capitalization of $80.00 million, a P/E ratio of -3.34 and a beta of 1.34. Noodles & Company has a fifty-two week low of $3.57 and a fifty-two week high of $19.00. The business has a 50-day moving average of $15.02 and a 200-day moving average of $12.67.

Noodles & Company (NASDAQ:NDLS - Get Free Report) last released its earnings results on Friday, July 24th. The restaurant operator reported $0.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.05) by $0.23. The firm had revenue of $127.04 million for the quarter, compared to the consensus estimate of $119.40 million.

Hedge Funds Weigh In On Noodles & Company

An institutional investor recently bought a new position in Noodles & Company stock. Citadel Advisors LLC bought a new position in shares of Noodles & Company (NASDAQ:NDLS - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 62,397 shares of the restaurant operator's stock, valued at approximately $933,000. Citadel Advisors LLC owned approximately 1.05% of Noodles & Company as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 65.67% of the company's stock.

Noodles & Company Company Profile

Noodles & Company is a fast-casual restaurant company that specializes in noodle-based dishes inspired by cuisines from around the world. Its menu includes traditional and specialty pasta dishes, Asian-inspired noodles, soups, salads, shareable items, desserts and beverages. The company emphasizes customizable meals and offers options such as vegetarian, vegan and gluten-sensitive choices.

Founded in 1995, Noodles & Company operates primarily in the United States through a combination of company-owned and franchised restaurants.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.