NOODLES & Co(NDLS)Stock Analysis
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Rank #2,431 of 2,961 stocks
View Consumer Discretionary peers →
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
NDLS Stock Analysis & AI Quality Score
Data updated 2026-09-11AI stock analysis and institutional research for NOODLES & Co (NDLS), a Consumer Discretionary sector company. 13F Pro's AI-powered ranking engine scores NDLS at 32.4/100 on a 32-signal composite quality model, placing it at rank #2,431 of 2,961 stocks — the bottom half of the AI-ranked universe. Areas of concern include balance sheet strength (18.2) and earnings quality (18.7), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), NOODLES & Co reports quarterly revenue of $127.0M, net income of $-4.0M, an operating margin of -1.2%. Top institutional holders of NDLS by reported 13-F value include Mill Road Capital Management, Nantahala Capital Management, VANGUARD CAPITAL MANAGEMENT, based on the most recent SEC filings. NDLS trades on the Nasdaq exchange and files with the SEC under CIK 1275158. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate NDLS daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for NOODLES & Co directly from SEC EDGAR. NOODLES & Co's 13F Pro composite quality score has ranged between 25 and 42 since 2021, currently 32.4 — a stable long-term trajectory across 68 quarterly and live scoring snapshots.
Revenue
Q2 2026
$127.0M
Net Income
Q2 2026
$-4.0M
Free Cash Flow
Q2 2026
$1.8M
Operating Margin
Q2 2026
-1.2%
ROIC
Q2 2026
-11.5%
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · ProRevenue
+0.4% YoYNet Income
-17.5% YoYOperating Income
-13.7% YoYEPS (Diluted)
-15.5% YoYTotal Assets
-19.4% YoYTotal Debt
+8.0% YoYOp. Cash Flow
-3.7% YoYFree Cash Flow
+75.9% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $495.1M +0.4% | $493.3M -2.0% | $503.4M -1.2% | $509.5M +7.2% | $475.2M +20.7% | $393.7M |
| Net Income | $-42.6M -17.5% | $-36.2M -267.4% | $-9.9M -197.4% | $-3.3M -190.4% | $3.7M +115.8% | $-23.3M |
| Operating Income | $-31.6M -13.7% | $-27.8M -452.4% | $-5.0M -504.4% | $-832.0K -114.3% | $5.8M +129.0% | $-20.0M |
| EPS (Diluted) | $-7.36 -15.5% | $-6.37 -270.3% | $-1.72 -2357.1% | $-0.07 -187.5% | $0.08 +115.1% | $-0.53 |
| Total Assets | $261.7M -19.4% | $324.6M -11.8% | $368.1M +7.1% | $343.8M +0.7% | $341.5M -3.4% | $353.6M |
| Total Debt | $108.8M +8.0% | $100.7M +25.6% | $80.2M +74.2% | $46.1M +119.7% | $21.0M -50.2% | $42.1M |
| Operating Cash Flow | $7.3M -3.7% | $7.6M -72.5% | $27.5M +187.7% | $9.6M -73.6% | $36.2M +296.4% | $9.1M |
| Free Cash Flow | $-5.1M +75.9% | $-21.2M +13.6% | $-24.5M -0.9% | $-24.3M -239.9% | $17.4M +754.2% | $-2.7M |
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Available Research
13F Pro tracks comprehensive data for NOODLES & Co including:
Top Institutional Holders of NDLS
Mill Road Capital Management LLC
$13.0M870,660 shNantahala Capital Management, LLC
$8.3M553,746 shVANGUARD CAPITAL MANAGEMENT LLC
$3.3M218,589 shJANE STREET GROUP, LLC
$1.4M91,296 shBlackRock, Inc.
$1.1M75,595 shCITADEL ADVISORS LLC
$932.8K62,397 shGOLDMAN SACHS GROUP INC
$836.4K55,949 shAssenagon Asset Management S.A.
$825.1K55,191 shGEODE CAPITAL MANAGEMENT, LLC
$749.9K50,145 shRENAISSANCE TECHNOLOGIES LLC
$530.4K35,480 sh
| Fund | Value | Shares |
|---|---|---|
| Mill Road Capital Management LLC | $13.0M | 870,660 |
| Nantahala Capital Management, LLC | $8.3M | 553,746 |
| VANGUARD CAPITAL MANAGEMENT LLC | $3.3M | 218,589 |
| JANE STREET GROUP, LLC | $1.4M | 91,296 |
| BlackRock, Inc. | $1.1M | 75,595 |
| CITADEL ADVISORS LLC | $932.8K | 62,397 |
| GOLDMAN SACHS GROUP INC | $836.4K | 55,949 |
| Assenagon Asset Management S.A. | $825.1K | 55,191 |
| GEODE CAPITAL MANAGEMENT, LLC | $749.9K | 50,145 |
| RENAISSANCE TECHNOLOGIES LLC | $530.4K | 35,480 |
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Similarity is computed from the 8 composite sub-scores and latest-quarter 13F conviction holdings (index-style filers excluded). Refreshed monthly.
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Popular Research
Is NDLS a good stock to buy?
13F Pro's AI-powered analysis of NOODLES & Co (NDLS) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Consumer Discretionary sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for NDLS are available on the NDLS stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. NDLS is classified as a small company.
Which hedge funds own NDLS?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling NDLS. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of NOODLES & Co's investment landscape.