Noodles & Co (NDLS)

• Market cap: $48.8M
• 1 day: -11.57%
• 5 days: -22.46%
• 1 month: -35.15%
• 3 months: 54.40%
• 6 months: -23.57%
• Year to date: 82.07%
• 1 year: -43.68%
• 5 years: -81.10%
• 10 years: -93.88%
• Sector: Consumer Discretionary
• Industry: Eating Places

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: 7,600

Fund manager confidence

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

4.05% less ownership

Funds ownership: 47.15% [Q3] → 43.1% (-4.05%) [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: $3 180% upside
• Avg. target: $3 180% upside
• High target: $3 180% upside

1 analyst rating

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

Benchmark Todd Brooks 24% 1-year accuracy 10 / 42 met price target

180% upside $3

Buy Reiterated

10 Mar 2025