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Noodles & Co share split approved to meet Nasdaq

Story Highlights
  • Noodles & Company secured shareholder approval for a 1-for-8 reverse stock split effective February 18.
  • The reverse split targets Nasdaq bid-price compliance after a lapsed deadline and panel-granted extension.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Noodles & Co share split approved to meet Nasdaq

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Noodles & Co ( (NDLS) ) has provided an update.

On February 4, 2026, stockholders at Noodles & Company’s special meeting overwhelmingly authorized a reverse stock split, and the Board promptly set the ratio at 1-for-8 to take effect on February 18, 2026, adjusting outstanding shares and awards without altering authorized capital. The move aims to satisfy Nasdaq’s $1 minimum bid requirement after the company failed to regain compliance by December 22, 2025 and secured an exception from a Nasdaq panel, underscoring management’s efforts to protect its listing amid ongoing scrutiny.

The most recent analyst rating on (NDLS) stock is a Sell with a $0.71 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 weighed down primarily by weak financial performance (declining revenue, ongoing losses, negative equity, and negative operating/free cash flow). Technical indicators also remain soft (below key moving averages with negative MACD). Offsetting factors include a more positive earnings call showing improving comps, margins, and EBITDA, but this is tempered by significant delisting/remediation risk and a valuation profile driven by losses (negative P/E).

To see Spark’s full report on NDLS stock, click here.

More about Noodles & Co

Noodles & Company operates in the fast-casual restaurant industry, offering globally inspired noodle dishes and comfort-food classics across more than 400 U.S. locations.

Average Trading Volume: 479,596

Technical Sentiment Signal: Strong Sell

Current Market Cap: $31.35M

See more insights into NDLS stock on TipRanks’ Stock Analysis page.

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