Noodles & Company (NDLS) Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Noodles & Company in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NDLS shares.
View NDLS analyst ratings or view top-rated stocks.

4 brokerages have issued twelve-month price objectives for Noodles & Company's stock. Their NDLS share price forecasts range from $5.00 to $10.00. On average, they expect the company's stock price to reach $7.25 in the next year. This suggests a possible upside of 114.5% from the stock's current price.
View analysts price targets for NDLS or view top-rated stocks among Wall Street analysts.

Noodles & Company's stock was trading at $5.49 at the start of the year. Since then, NDLS stock has decreased by 38.4% and is now trading at $3.38.
View the best growth stocks for 2023 here.

Noodles & Company saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 1,140,000 shares, an increase of 18.5% from the April 30th total of 961,800 shares. Based on an average trading volume of 348,000 shares, the days-to-cover ratio is presently 3.3 days. Currently, 3.1% of the shares of the company are sold short.
View Noodles & Company's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023.
View our NDLS earnings forecast.

Noodles & Company (NASDAQ:NDLS) announced its earnings results on Wednesday, March, 8th. The restaurant operator reported $0.03 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.03. The restaurant operator had revenue of $136.47 million for the quarter, compared to analysts' expectations of $135.98 million. The company's quarterly revenue was up 18.9% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.05) earnings per share.

Noodles & Company issued an update on its FY 2023 earnings guidance on Friday, May, 12th. The company provided earnings per share (EPS) guidance of $0.10-$0.20 for the period, compared to the consensus earnings per share estimate of $0.16. The company issued revenue guidance of -.

249 employees have rated Noodles & Company Chief Executive Officer Dave Boennighausen on Glassdoor.com. Dave Boennighausen has an approval rating of 69% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Noodles & Company investors own include Exelixis (EXEL), NVIDIA (NVDA), Netflix (NFLX), Twitter (TWTR), Tesla (TSLA), Advanced Micro Devices (AMD), FireEye (FEYE), General Electric (GE), NIKE (NKE) and AbbVie (ABBV).

Noodles & Company trades on the NASDAQ under the ticker symbol "NDLS."

Noodles & Company's stock is owned by many different retail and institutional investors. Top institutional investors include FMR LLC (13.58%), BlackRock Inc. (5.32%), Royce & Associates LP (3.78%), Emerald Mutual Fund Advisers Trust (2.04%), Punch & Associates Investment Management Inc. (1.98%) and Geode Capital Management LLC (1.61%). Insiders that own company stock include David James Boennighausen, Holdings Ll Catterton-Noodles, Jeffrey W Jones, Kathryn Rae Lockhart, Melissa Heidman, Mill Road Capital Ii, LP, Mill Road Capital Iii, LP, Shawn A Taylor and Thomas B West.
View institutional ownership trends.

Shares of NDLS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of NDLS stock can currently be purchased for approximately $3.38.

Noodles & Company (NASDAQ:NDLS) has a market capitalization of $156.70 million and generates $509.48 million in revenue each year. The restaurant operator earns $-3,310,000.00 in net income (profit) each year or $0.00 on an earnings per share basis.

The company employs 8,100 workers across the globe.

Noodles & Company's mailing address is 520 ZANG ST. SUITE D, BROOMFIELD CO, 80021. The official website for the company is www.noodles.com. The restaurant operator can be reached via phone at (720) 214-1900 or via email at investorrelations@noodles.com.