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Noodles & Co ( (NDLS) ) has provided an update.
Noodles & Company shareholders approved a reverse stock split of the company’s Class A common stock at a special meeting held on February 4, 2026, authorizing a ratio range of 1-for-2 to 1-for-15 to be set by the board. The board subsequently selected a 1-for-8 ratio and filed a certificate of amendment in Delaware on February 12, 2026, with the split scheduled to become effective at 12:01 a.m. Eastern on February 18, 2026.
Following the reverse split, Noodles & Company’s common stock will begin trading on a split-adjusted basis on the Nasdaq Global Select Market under the existing symbol NDLS on February 18, 2026, with a new CUSIP assigned. The move is intended to lift the company’s share price to meet Nasdaq’s $1.00 minimum bid requirement and preserve its listing, affecting outstanding shares, equity awards and registered share amounts, while avoiding cash payments for fractional shares by rounding holdings up to the nearest whole share.
The most recent analyst rating on (NDLS) stock is a Hold with a $0.63 price target. To see the full list of analyst forecasts on Noodles & Co stock, see the NDLS Stock Forecast page.
Spark’s Take on NDLS Stock
According to Spark, TipRanks’ AI Analyst, NDLS is a Neutral.
The score is driven primarily by weak financial performance (declining revenue, losses, negative equity, and negative operating/free cash flow). Technicals also remain bearish with the stock below major moving averages and negative MACD. These are partially offset by a more positive earnings-call outlook (better comps, margins, and EBITDA), but corporate events add risk due to Nasdaq compliance and the reverse split.
To see Spark’s full report on NDLS stock, click here.
More about Noodles & Co
Noodles & Company operates in the fast-casual restaurant industry, specializing in noodle-based dishes and related menu items. The company’s primary business is the ownership and operation of restaurants under the Noodles & Company brand, targeting consumers seeking convenient, customizable pasta and noodle meals in the U.S. market.
Average Trading Volume: 471,859
Technical Sentiment Signal: Sell
Current Market Cap: $22.74M
See more insights into NDLS stock on TipRanks’ Stock Analysis page.