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Noodles & Co has a consensus price target of $5.83 based on the ratings of 6 analysts. The high is $12 issued by Stephens & Co. on February 24, 2022. The low is $3 issued by Truist Securities on November 8, 2024. The 3 most-recent analyst ratings were released by Truist Securities, Truist Securities, and Benchmark on November 8, 2024, July 1, 2024, and May 13, 2024, respectively. With an average price target of $3.33 between Truist Securities, Truist Securities, and Benchmark, there's an implied 346.23% upside for Noodles & Co from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Noodles (NASDAQ:NDLS) was reported by Truist Securities on November 8, 2024. The analyst firm set a price target for $3.00 expecting NDLS to rise to within 12 months (a possible 301.61% upside). 6 analyst firms have reported ratings in the last year.
The latest analyst rating for Noodles (NASDAQ:NDLS) was provided by Truist Securities, and Noodles maintained their buy rating.
There is no last upgrade for Noodles
The last downgrade for Noodles & Co happened on May 19, 2023 when Stephens & Co. changed their price target from $7 to $5 for Noodles & Co.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Noodles, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Noodles was filed on November 8, 2024 so you should expect the next rating to be made available sometime around November 8, 2025.
While ratings are subjective and will change, the latest Noodles (NDLS) rating was a maintained with a price target of $4.00 to $3.00. The current price Noodles (NDLS) is trading at is $0.75, which is out of the analyst’s predicted range.
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