Noodles & Company (NASDAQ:NDLS) Stock Rating Lowered by Wall Street Zen

Noodles & Company (NASDAQ:NDLS) was downgraded by equities researchers at Wall Street Zen from a “buy” rating to a “hold” rating in a report issued on Saturday, Wall Street Zen reports.

Several other equities research analysts have also recently issued reports on the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Noodles & Company in a report on Friday, October 2nd. Zacks Research raised Noodles & Company to a “hold” rating in a research note on Friday, October 2nd. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce”.

Noodles & Company Stock Performance

NDLS opened at $12.15 on Friday. The stock has a market capitalization of $72.50 million, a price-to-earnings ratio of -3.03 and a beta of 1.33. The company has a fifty day moving average of $13.75 and a 200 day moving average of $11.64. Noodles & Company has a fifty-two week low of $3.57 and a fifty-two week high of $19.00.

Noodles & Company (NASDAQ:NDLS) last announced its quarterly earnings results on Friday, November 13th. The restaurant operator reported ($0.04) EPS for the quarter, topping the consensus estimate of ($0.14) by $0.10. The company had revenue of $120.87 million during the quarter, compared to analysts’ expectations of $117.30 million. On average, equities research analysts forecast that Noodles & Company will post -0.22 earnings per share for the current year.

Hedge Funds Weigh In On Noodles & Company

Several large investors have recently modified their holdings of the stock. State Street Corp purchased a new stake in Noodles & Company during the 2nd quarter valued at $340,000. Assenagon Asset Management S.A. boosted its stake in Noodles & Company by 2.0% during the third quarter. Assenagon Asset Management S.A. now owns 56,315 shares of the restaurant operator’s stock worth $746,000 after buying an additional 1,124 shares during the period. Finally, Citadel Advisors LLC purchased a new position in Noodles & Company during the second quarter worth $933,000. Institutional investors own 65.67% of the company’s stock.

Top Noodles & Company Stories

Here are a few of the latest stories about NDLS:

• Positive Sentiment: Q3 adjusted earnings were a loss of $0.04 per share, versus analysts’ expected loss of $0.14. Revenue of $120.87 million also exceeded the $117.30 million consensus estimate. Noodles & Company Announces Third Quarter 2026 Financial Results
• Positive Sentiment: Comparable restaurant sales rose 9.5% system-wide, indicating improved sales at existing locations and adding to the upbeat results. Third-quarter financial results
• Neutral Sentiment: FY 2026 revenue guidance is $485 million–$495 million, a range that includes the $488.6 million analyst consensus. The midpoint is slightly above consensus, but the range also allows for revenue below it. Noodles & Company Q3 2026 earnings call transcript

Noodles & Company Company Profile

Noodles & Company is a U.S. fast-casual restaurant company founded in Denver in 1995. It operates restaurants across the United States, serving meals for dine-in, takeout and delivery. The menu features noodle and pasta dishes inspired by cuisines from around the world, including Asian-style noodles, Italian classics and macaroni and cheese. It also offers soups, salads and dishes that can be customized with different ingredients. The company’s offerings include traditional pasta as well as alternatives such as zucchini noodles, giving customers a range of choices across its globally inspired menu.