
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
Upturn AI SWOT
- About


Noodles & Company (NDLS)



- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)


(see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
07/10/2025: NDLS (1-star) is currently NOT-A-BUY. Pass it for now.
1 Year Target Price $2.83
1 Year Target Price $2.83
3 | Strong Buy |
0 | Buy |
0 | Hold |
0 | Sell |
0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -35.74% | Avg. Invested days 33 | Today’s Advisory PASS |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
![]() ![]() | ![]() ![]() |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 41.19M USD | Price to earnings Ratio - | 1Y Target Price 2.83 |
Price to earnings Ratio - | 1Y Target Price 2.83 | ||
Volume (30-day avg) 3 | Beta 1.7 | 52 Weeks Range 0.55 - 1.83 | Updated Date 07/10/2025 |
52 Weeks Range 0.55 - 1.83 | Updated Date 07/10/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.86 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -7.89% | Operating Margin (TTM) -4.12% |
Management Effectiveness
Return on Assets (TTM) -1.79% | Return on Equity (TTM) -978.37% |
Valuation
Trailing PE - | Forward PE 19.68 | Enterprise Value 322301975 | Price to Sales(TTM) 0.08 |
Enterprise Value 322301975 | Price to Sales(TTM) 0.08 | ||
Enterprise Value to Revenue 0.65 | Enterprise Value to EBITDA 32.46 | Shares Outstanding 45943600 | Shares Floating 24086872 |
Shares Outstanding 45943600 | Shares Floating 24086872 | ||
Percent Insiders 6.14 | Percent Institutions 59.37 |
Upturn AI SWOT
Noodles & Company

Company Overview
History and Background
Noodles & Company was founded in 1995 in Denver, Colorado by Aaron Kennedy. The company aims to provide a global variety of noodle dishes in a fast-casual setting. Noodles & Company has focused on expanding its menu and improving its operational efficiency over time.
Core Business Areas
- Restaurant Operations: This segment involves the management and operation of Noodles & Company restaurants. This includes preparing and serving noodle dishes, salads, soups, and other menu items. They focus on maintaining consistent food quality and customer service across all locations.
- Franchising: Noodles & Company also generates revenue through franchising, by allowing independent operators to open and manage Noodles & Company restaurants. The company provides support and training, and receives franchise fees and royalties.
Leadership and Structure
Michael Hynes is the Chief Executive Officer. The organizational structure includes departments for operations, marketing, finance, and development, overseeing both company-owned and franchised locations.
Top Products and Market Share
Key Offerings
- Wisconsin Mac & Cheese: A classic mac & cheese dish featuring a creamy cheese sauce. It is a popular menu item and is a core product for the company. Competitors include Panera Bread, other fast-casual restaurants, and home-cooked options. Market share data is not publicly specified per item.
- Pad Thai: A Thai-inspired noodle dish with rice noodles, tofu, scrambled egg, peanuts, and bean sprouts. Competitors include Thai restaurants and other Asian-inspired fast-casual chains. Market share data is not publicly specified per item.
- Spaghetti and Meatballs: A classic Italian noodle dish, which is a common offering in the fast casual space. Competitors include Italian-themed fast casual resturants. Market share data is not publicly specified per item.
Market Dynamics
Industry Overview
The fast-casual restaurant industry is highly competitive, with many chains offering diverse menus. Trends include healthy options, customization, and technological integration for ordering and delivery. The industry is experiencing moderate growth, driven by changing consumer preferences and increased demand for convenience.
Positioning
Noodles & Company positions itself as a global noodle restaurant that offers a variety of noodle dishes from around the world in a fast-casual setting. The company differentiates itself through its diverse menu and focus on quality ingredients. Competitors include Panera Bread (PNRA), Chipotle Mexican Grill (CMG), and other fast-casual chains.
Total Addressable Market (TAM)
The global fast-casual restaurant market size was valued at USD 136.66 billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 9.6% from 2024 to 2030. Noodles & Company is positioned to capture a portion of this market through its unique noodle-based menu and focus on diverse flavors. Their market share remains relatively small compared to major players like Panera Bread and Chipotle.
Upturn SWOT Analysis
Strengths
- Diverse menu with international flavors
- Focus on quality ingredients
- Loyalty program
- Fast-casual dining experience
Weaknesses
- Small brand recognition compared to larger chains
- Inconsistent profitability
- Geographic concentration (some areas have more restaurants)
- Higher price point compared to some competitors
Opportunities
- Expansion into new markets
- Increased focus on online ordering and delivery
- Menu innovation and limited-time offers
- Partnerships with third-party delivery services
Threats
- Intense competition from other fast-casual restaurants
- Fluctuations in food costs
- Changing consumer preferences
- Economic downturns affecting consumer spending
Competitors and Market Share
Key Competitors
- CMG
- PNRA
- QSR
Competitive Landscape
Noodles & Company faces strong competition from larger, more established fast-casual chains. Its advantages include a unique menu with global flavors, while its disadvantages include smaller brand recognition and inconsistent profitability.
Growth Trajectory and Initiatives
Historical Growth: Historically, Noodles & Company has grown through opening new restaurants and expanding its menu offerings. However, growth has been somewhat inconsistent, with periods of rapid expansion followed by slower growth.
Future Projections: Future growth projections are based on analyst estimates, which vary. Generally, analysts expect moderate revenue growth driven by new restaurant openings and increased same-store sales.
Recent Initiatives: Recent initiatives include menu updates with plant-based options, enhanced online ordering and delivery capabilities, and investments in technology to improve operational efficiency.
Summary
Noodles & Company offers a unique menu, but faces intense competition. Its strengths lie in its diverse offerings, while weaknesses include brand recognition and profitability. To succeed, the company needs to focus on strategic expansion, operational efficiency, and adapting to changing consumer preferences. Future outlook depends on execution of strategic initiatives to build brand, drive customer loyalty, and manage rising costs.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings, industry reports, analyst estimates
Disclaimers:
The information provided is for informational purposes only and should not be considered investment advice. Financial data is based on available information and may be subject to change. Market share data are estimates.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Noodles & Company
Exchange NASDAQ | Headquaters Broomfield, CO, United States | ||
IPO Launch date 2013-06-28 | CEO & Director Mr. Andrew H. Madsen | ||
Sector Consumer Cyclical | Industry Restaurants | Full time employees 7000 | Website https://www.noodles.com |
Full time employees 7000 | Website https://www.noodles.com |
Noodles & Company, a restaurant concept company, develops and operates fast-casual restaurants in the United States. The company offers cooked-to-order dishes, including noodles and pasta, soups, salads, and appetizers. It also operates company owned and franchise operated locations. Noodles & Company was founded in 1995 and is based in Broomfield, Colorado.

Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.