Reading the tape
NASDAQ: NDLS
Noodles & Company
Consumer Cyclical · Restaurants
Market Cap
$75.46M
52w High
$13.24
52w Low
$3.57
P/E
-1.76
Volume
56.30K
Outstanding Shares
5.89M
Price vs Fundamentals
Why The Stock Is Moving
Fundamentals are supporting the moveModerate confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: 60.25%Revenue (TTM): 0.37%FCF (TTM): 75.9%P/S: 9th pct
What changed
The stock rose 60.25% over the last year. Revenue grew 0.37% over the trailing twelve months. Operating margin moved from -5.63% to -1.03%. Free cash flow grew 75.9% over the trailing twelve months.
What the market seems to be pricing
The stock move broadly lines up with stronger business momentum, and the shares are still only around the 9th percentile of their historical P/S range.
What would invalidate this read
Operating margin is at -1.03%. Revenue grew 0.37% — this thesis depends on that trajectory holding. If revenue growth, margins, or free cash flow roll over while the stock keeps climbing, more of the move would be coming from multiple expansion than business progress.
Company profile
Noodles & Company, a restaurant concept company, develops and operates fast-casual restaurants.
CEOJoseph D. Christina
SectorConsumer Cyclical
IndustryRestaurants
Employees7,300
IPO dateJun 28, 2013
Valuation
Forward P/E—
EV/EBITDA13.67
Enterprise value$299.99M
Stock splits
Feb 18, 2026↓ Reverse
Every 8 shares became 1
Profitability & growth
Revenue growth0.82%
Gross margin8.89%▼74.03%vs FY2024
Operating margin-1.03%▲81.70%vs FY2024
ROE93.96%▼85.52%vs FY2024
Analyst consensus
RatingHold
Target price$48.00▲274.56%
5
Buy
10
Hold
3
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 6, 2026
Q2 FY26 · EPS est -$0.61 · Revenue est $121.5M
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