FiscalNote Holdings (NOTE)
OTHER OTC:NOTE
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NOTE Stock Chart & Stats
$0.26
-$0.14(-10.53%)
At close: 4:00 PM EST
$0.26
-$0.14(-10.53%)
Day’s Range― - ―
52-Week Range$0.11 - $10.20
Previous CloseN/A
Volume3.11M
Average Volume (3M)223.60K
Market Cap
$4.79M
Enterprise Value$123.68M
Total Cash (Recent Filing)$26.47M
Total Debt (Recent Filing)$144.97M
Price to Earnings (P/E)―
Beta3.01
Next Earnings
Aug 06, 2026EPS Estimate
-0.44Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-6.57
Shares Outstanding25,961,842
10 Day Avg. Volume253,125
30 Day Avg. Volume223,602
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.33
Price to Sales (P/S)0.22
P/FCF Ratio-1.11
Enterprise Value/Market Cap25.84
Enterprise Value/Revenue1.41
Enterprise Value/Gross Profit2.08
Enterprise Value/Ebitda-4.34
Forecast
1Y Price Target
$5.42Price Target Upside1983.33% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)-2.78
Revenue Forecast (FY)$80.84M
Bulls Say, Bears Say
Bulls Say
Recurring SaaS Subscription ModelA contract-based subscription model delivers predictable, recurring revenue and higher customer retention typical of enterprise SaaS. Over a multi-month horizon this supports ARR visibility, repeatable upsell and renewals, and revenue durability if churn is controlled and product-market fit endures.
High Gross Margins (~70% TTM)Sustained gross margins near 70% reflect software-led economics with low incremental delivery costs. This structural margin provides headroom to fund R&D, sales and AI integrations while absorbing price pressure, enabling a pathway to improved operating leverage and eventual profitability if scale returns.
Platform Migration And AI/API Monetization StrategyShifting customers to PolicyNote and integrating AI/data APIs is a structural product evolution. Successful execution can deepen engagement, create recurring data licensing and AI-driven revenue streams, and strengthen competitive differentiation via proprietary datasets and model partnerships over the medium term.
Bears Say
Very High LeverageLeverage at ~5.4x debt-to-equity materially reduces financial flexibility. High debt amplifies refinancing and covenant risk, limits capital allocation choices, and increases the probability creditors exert influence if operational recovery stalls, constraining strategic options over coming quarters.
Negative Operating And Free Cash FlowPersistent negative OCF and FCF indicate the business is burning cash and not self-funding growth or operations. Sustained cash deficits force reliance on external financing or dilutive equity, reduce runway for product investment, and increase risk that operating initiatives cannot be fully executed without new capital.
Delisting And Temporary Debt ForbearanceNYSE delisting, OTC trading and temporary creditor waivers are structural governance and liquidity risks. Reduced market access can hinder fundraising and investor base quality; short-term waivers signal creditor concern and may lead to enforcement or distressed financing absent a durable recapitalization plan.
FiscalNote Holdings News
NOTE FAQ
What was FiscalNote Holdings’s price range in the past 12 months?
FiscalNote Holdings lowest stock price was $0.11 and its highest was $10.20 in the past 12 months.
What is FiscalNote Holdings’s market cap?
FiscalNote Holdings’s market cap is $4.79M.
When is FiscalNote Holdings’s upcoming earnings report date?
FiscalNote Holdings’s upcoming earnings report date is Aug 06, 2026 which is in 53 days.
How were FiscalNote Holdings’s earnings last quarter?
FiscalNote Holdings released its earnings results on May 07, 2026. The company reported -$2.39 earnings per share for the quarter, missing the consensus estimate of -$0.6 by -$1.79.
Is FiscalNote Holdings overvalued?
According to Wall Street analysts FiscalNote Holdings’s price is currently Undervalued.
Does FiscalNote Holdings pay dividends?
FiscalNote Holdings does not currently pay dividends.
What is FiscalNote Holdings’s EPS estimate?
FiscalNote Holdings’s EPS estimate is -0.44.
How many shares outstanding does FiscalNote Holdings have?
FiscalNote Holdings has 25,961,842 shares outstanding.
What happened to FiscalNote Holdings’s price movement after its last earnings report?
FiscalNote Holdings reported an EPS of -$2.39 in its last earnings report, missing expectations of -$0.6. Following the earnings report the stock price went down -2%.
Which hedge fund is a major shareholder of FiscalNote Holdings?
Currently, no hedge funds are holding shares in NOTE
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
FiscalNote Holdings
FiscalNote Holdings Inc. operates as a premier technology and data firm, specializing in the global provision of vital legal data and actionable insights. They achieve this by integrating advanced artificial intelligence, machine learning, and other proprietary technologies with robust analytics, practical workflow tools, and specialized expert research. This comprehensive intelligence is then delivered via their suite of public policy and issues management solutions, along with powerful platforms for optimizing workflows, orchestrating advocacy campaigns, and nurturing constituent relationships. FiscalNote caters to a diverse clientele, including Fortune 100 corporations, governmental agencies, law firms, professional service providers, industry trade groups, and non-profit organizations. The company's operations are headquartered in Washington, D.C.
NOTE Company Deck
NOTE Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call presented a mix of positive momentum in corporate sales and product innovation, but was offset by challenges such as revenue declines due to divestitures and federal sector volatility. Cost management efforts showed positive results, yet increased G&A expenses and a decline in ARR highlight areas for improvement.View all NOTE earnings summariesNOTE Stock 12 Month Forecast
Average Price Target
$5.42
▲(1983.33% Upside)
Technical Analysis
Ownership Overview
17.88% Insiders
0.91% Mutual Funds
<0.01% Other Institutional Investors
81.20% Public Companies and
Individual Investors