Potbelly Corporation (PBPB) shows a bullish outlook due to its strong Q4 2024 performance, with same-store sales growth exceeding expectations at +0.2% to +0.3% and adjusted EBITDA reaching $8.0M-$8.4M. The company’s expansion plans for 38 new shops in 2025 signal growth potential, supporting a price target near $12.77 based on Fibonacci resistance levels. Positive operational efficiency and margin improvements further bolster investor confidence.