Noodles & Co (NDLS)

• Market cap: $43M
• 1 day: 12.53%
• 5 days: 10.01%
• 1 month: 9.75%
• 3 months: -44.67%
• 6 months: 13.00%
• Year to date: 59.11%
• 1 year: -56.51%
• 5 years: -78.89%
• 10 years: -94.12%
• Sector: Consumer Discretionary
• Industry: Restaurants

About: Noodles & Co is a restaurant concept offering lunch and dinner within the fast-casual segment of the restaurant industry. The company's menu includes a variety of cooked-to-order dishes, including noodles and pasta, soups, salads and appetizers. The company also provides dining, pick-up and delivery services.

Employees: 7,300

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

4.0% less ownership

Funds ownership: 47.1% [Q3] → 43.1% (-4.0%) [Q4]

16% less funds holding

Funds holding: 56 [Q3] → 47 (-9) [Q4]

56% less capital invested

Capital invested by funds: $25.8M [Q3] → $11.4M (-$14.4M) [Q4]

70% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 10

70% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 20

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $3 221% upside
• Avg. target: $3 221% upside
• High target: $3 221% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Benchmark Todd Brooks 46% 1-year accuracy 19 / 41 met price target

221% upside $3

Buy Reiterated

10 Mar 2025