NASDAQ:NDLS - Noodles & Company Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
About
FAQ

Consensus Rating: Buy
Consensus Price Target: $12.33
Forecasted Upside: -0.94 %
Number of Analysts: 4
Breakdown:
0 Sell Ratings
1 Hold Ratings
3 Buy Ratings
0 Strong Buy Ratings

^$12.45 As of 06/16/2021 01:00 AM ET

▲ +0.24 (1.97%)

1 month | 3 months | 12 months

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Analyst Price Target for NDLS

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

^$12.33

▼ -0.94% Downside Potential

This price target is based on 4 analysts offering 12 month price targets for Noodles & Company in the last 3 months. The average price target is $12.33, with a high forecast of $14.00 and a low forecast of $9.00. The average price target represents a -0.94% upside from the last price of $12.45.

Buy

The current consensus among 4 polled investment analysts is to buy stock in Noodles & Company. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
2 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

12/24/2019

0 strong buy ratings
3 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

3/23/2020

0 strong buy ratings
3 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

6/21/2020

0 strong buy ratings
3 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

9/19/2020

0 strong buy ratings
3 buy ratings
1 hold ratings
0 sell ratings

Ratings as of

12/18/2020

0 strong buy ratings
2 buy ratings
1 hold ratings
0 sell ratings

Ratings as of

3/18/2021

0 strong buy ratings
2 buy ratings
1 hold ratings
0 sell ratings

Ratings as of

5/17/2021

0 strong buy ratings
3 buy ratings
1 hold ratings
0 sell ratings

Ratings as of

6/16/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price	Details
5/26/2021	Sidoti	Initiated Coverage	Buy		Low	i
5/3/2021	BMO Capital Markets	Boost Price Target	Market Perform	$12.00 ➝ $14.00	Medium	i
3/10/2021	Piper Sandler	Upgrade	Neutral ➝ Overweight	$9.00 ➝ $14.00	High	i
10/29/2020	BMO Capital Markets	Boost Price Target	Market Perform	$7.00 ➝ $8.00	Medium	i
10/29/2020	Piper Sandler	Boost Price Target	Neutral	$7.00 ➝ $8.00	High	i
6/18/2020	SunTrust Banks	Reiterated Rating	Buy	$9.00	Medium	i Rating by Jake Bartlett at SunTrust Banks, Inc.
5/7/2020	SunTrust Banks	Boost Price Target	Buy	$8.00 ➝ $9.00	High	i Rating by Jake Bartlett at SunTrust Banks, Inc.
4/1/2020	SunTrust Banks	Lower Price Target	Buy	$12.00 ➝ $7.00	High	i Rating by Jake Bartlett at SunTrust Banks, Inc.
2/27/2020	SunTrust Banks	Reiterated Rating	Buy	$12.00	Low	i Rating by Jake Bartlett at SunTrust Banks, Inc.
2/27/2020	Piper Sandler	Boost Price Target	Neutral	$7.00 ➝ $8.00	High	i
2/14/2020	Maxim Group	Initiated Coverage	Buy	$12.00	High	i
11/22/2019	SunTrust Banks	Reiterated Rating	Buy	$12.00	Low	i Rating by Jake Bartlett at SunTrust Banks, Inc.
3/18/2019	SunTrust Banks	Lower Price Target	Buy	$13.00	High	i
2/22/2019	Jefferies Financial Group	Upgrade	Hold ➝ Buy	$11.00	High	i
12/9/2018	Royal Bank of Canada	Downgrade	Outperform ➝ Sector Perform	$8.50	Low	i
12/3/2018	Royal Bank of Canada	Upgrade	Sector Perform ➝ Outperform	$8.50	High	i
11/8/2018	Piper Jaffray Companies	Upgrade	Underweight ➝ Neutral	$10.00	Medium	i
10/30/2018	Citigroup	Lower Price Target	Buy ➝ Buy	$15.00 ➝ $12.00	Low	i
10/24/2018	BMO Capital Markets	Boost Price Target	Market Perform ➝ Market Perform	$10.00 ➝ $11.00	High	i Rating by Andrew Strelzik at BMO Capital Markets
10/16/2018	SunTrust Banks	Upgrade	Hold ➝ Buy	$11.00 ➝ $15.00	High	i
9/18/2018	Citigroup	Boost Price Target	Buy	$11.50 ➝ $15.00	Low	i
8/8/2018	Citigroup	Lower Price Target	Buy ➝ Buy	$13.50 ➝ $11.50	High	i
7/19/2018	UBS Group	Boost Price Target	Sell ➝ $11.80	$4.00 ➝ $10.00	High	i
7/19/2018	BMO Capital Markets	Boost Price Target	Market Perform ➝ Market Perform	$6.00 ➝ $10.00	High	i Rating by Andrew Strelzik at BMO Capital Markets
6/21/2018	Citigroup	Boost Price Target	Buy ➝ Buy	$9.00 ➝ $13.50	High	i
5/31/2018	CL King	Initiated Coverage	Buy		High	i
5/29/2018	Royal Bank of Canada	Boost Price Target	Market Perform	$9.00	High	i
4/2/2018	Wedbush	Reiterated Rating	Neutral		Low	i Rating by N. Setyan at Wedbush
3/15/2018	BMO Capital Markets	Reiterated Rating	Market Perform		High	i Rating by Andrew Strelzik at BMO Capital Markets
3/14/2018	BMO Capital Markets	Set Price Target	Market Perform ➝ Hold	$4.00 ➝ $5.00	High	i Rating by Andrew Strelzik at BMO Capital Markets
1/3/2018	SunTrust Banks	Reiterated Rating	Hold	$6.00	Low	i
11/20/2017	Citigroup	Boost Price Target	Buy	$5.00 ➝ $6.00	N/A	i
11/10/2017	BMO Capital Markets	Set Price Target	Hold	$5.00 ➝ $4.00	N/A	i
10/12/2017	SunTrust Banks	Reiterated Rating	Hold	$5.00	N/A	i
8/11/2017	Piper Jaffray Companies	Reiterated Rating	Sell	$4.00	High	i
8/11/2017	Jefferies Financial Group	Reiterated Rating	Hold	$5.50 ➝ $4.50	Low	i
8/11/2017	Wedbush	Reiterated Rating	Hold		High	i
6/22/2017	BMO Capital Markets	Reiterated Rating	Hold	$5.00	Medium	i Rating by Andrew Strelzik at BMO Capital Markets
5/10/2017	Wedbush	Reiterated Rating	Hold	$5.50	High	i
4/18/2017	Jefferies Financial Group	Reiterated Rating	Hold	$5.50	Low	i
4/4/2017	Jefferies Financial Group	Reiterated Rating	Hold	$5.00	Medium	i
3/6/2017	Royal Bank of Canada	Reiterated Rating	Sector Perform	$5.00	N/A	i
3/4/2017	BMO Capital Markets	Set Price Target	Hold	$4.00	N/A	i Rating by Andrew Strelzik at BMO Capital Markets
3/3/2017	Jefferies Financial Group	Reiterated Rating	Hold	$5.00	N/A	i
1/28/2017	Wedbush	Reiterated Rating	Neutral	$4.50	N/A	i
1/7/2017	Wedbush	Reiterated Rating	Neutral	$4.50	N/A	i
1/6/2017	UBS Group	Downgrade	Neutral ➝ Sell	$4.00	N/A	i
11/8/2016	Credit Suisse Group	Reiterated Rating	Hold	$4.50	N/A	i
11/7/2016	Royal Bank of Canada	Reiterated Rating	Sector Perform	$8.00 ➝ $5.00	N/A	i
11/7/2016	Jefferies Financial Group	Reiterated Rating	Hold	$7.00 ➝ $5.00	N/A	i
11/4/2016	BMO Capital Markets	Reiterated Rating	Hold		N/A	i Rating by andrew strelzik at BMO Capital Markets
10/5/2016	Citigroup	Reiterated Rating	Buy	$6.00	N/A	i
9/8/2016	Robert W. Baird	Reiterated Rating	Neutral		N/A	i Rating by David Tarantino at Robert W. Baird
8/8/2016	Piper Jaffray Companies	Reiterated Rating	Underweight	$7.00 ➝ $6.00	N/A	i Rating by Nicole Miller Regan at Piper Jaffray Companies
8/8/2016	UBS Group	Boost Price Target	Neutral	$7.00 ➝ $12.00	N/A	i Rating by Keith Siegner at UBS Group AG
8/8/2016	Royal Bank of Canada	Reiterated Rating	Sector Perform	$13.00 ➝ $8.00	N/A	i
8/5/2016	Bank of America	Reiterated Rating	Sell	$8.00	N/A	i
8/5/2016	Jefferies Financial Group	Lower Price Target	Hold	$8.50 ➝ $7.00	N/A	i
8/5/2016	BMO Capital Markets	Set Price Target	Hold	$8.00	N/A	i Rating by Andrew Strelzik at BMO Capital Markets
8/5/2016	Wedbush	Lower Price Target	Neutral	$11.00 ➝ $7.00	N/A	i
7/27/2016	Piper Jaffray Companies	Reiterated Rating	Underweight	$8.00 ➝ $7.00	N/A	i Rating by Nicole Miller Regan at Piper Jaffray Companies
7/26/2016	Bank of America	Reiterated Rating	Sell		N/A	i
7/26/2016	Jefferies Financial Group	Downgrade	Buy ➝ Hold	$10.00	N/A	i
7/26/2016	BMO Capital Markets	Downgrade	Outperform ➝ Market Perform	$15.00 ➝ $9.00	N/A	i Rating by Andrew Strelzik at BMO Capital Markets
6/25/2016	Jefferies Financial Group	Reiterated Rating	Buy	$14.00	N/A	i

(Data available from 6/16/2016 forward)

Noodles & Company develops and operates fast-casual restaurants. It offers cooked-to-order dishes, including noodles and pasta, soups, salads, and appetizers. As of December 29, 2020, the company operated 378 company-owned and 76 franchised restaurants in 29 states, and the District of Columbia. Noodles & Company was founded in 1995 and is based in Broomfield, Colorado.

Today's Range

Now: $12.45

$12.08

$12.54

50 Day Range

MA: $11.58

$9.60

$13.19

52 Week Range

Now: $12.45

$5.14

$13.29

Volume

190,016 shs

Average Volume

246,742 shs

Market Capitalization

$566.06 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.42

Frequently Asked Questions

What sell-side analysts currently cover shares of Noodles & Company?

The following Wall Street analysts have issued reports on Noodles & Company in the last year: BMO Capital Markets, Piper Sandler, Sidoti, SunTrust Banks, Inc., TheStreet, and Zacks Investment Research.
View the latest analyst ratings for NDLS.

What is the current price target for Noodles & Company?

3 Wall Street analysts have set twelve-month price targets for Noodles & Company in the last year. Their average twelve-month price target is $12.33, suggesting a possible downside of 0.8%. BMO Capital Markets has the highest price target set, predicting NDLS will reach $14.00 in the next twelve months. SunTrust Banks, Inc. has the lowest price target set, forecasting a price of $9.00 for Noodles & Company in the next year.
View the latest price targets for NDLS.

What is the current consensus analyst rating for Noodles & Company?

Noodles & Company currently has 1 hold rating and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe NDLS will outperform the market and that investors should add to their positions of Noodles & Company.
View the latest ratings for NDLS.

What other companies compete with Noodles & Company?

Other companies that are similar to Noodles & Company include Mitchells & Butlers, Dave & Buster's Entertainment, Dine Brands Global, Arcos Dorados, BJ's Restaurants, Denny's, Ruth's Hospitality Group, Chuy's, El Pollo Loco, RCI Hospitality, Red Robin Gourmet Burgers, Biglari, Del Taco Restaurants, LiveXLive Media and The ONE Group Hospitality.

How do I contact Noodles & Company's investor relations team?

Noodles & Company's physical mailing address is 520 ZANG ST. SUITE D, BROOMFIELD CO, 80021. The restaurant operator's listed phone number is 720-214-1900 and its investor relations email address is [email protected] The official website for Noodles & Company is www.noodles.com.