FiscalNote Holdings (NOTE)
OTHER OTC:NOTE
NOTE Stock Chart & Stats
$0.22
-$0.14(-10.53%)
At close: 4:00 PM EST
$0.22
-$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
$4.26M
Enterprise Value$129.21M
Total Cash (Recent Filing)$26.95M
Total Debt (Recent Filing)$151.08M
Price to Earnings (P/E)―
Beta3.12
Next Earnings
May 07, 2026EPS Estimate
-0.6Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.45
Shares Outstanding18,681,540
10 Day Avg. Volume253,125
30 Day Avg. Volume223,602
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)<0.01
Price to Sales (P/S)0.22
P/FCF Ratio>-0.01
Enterprise Value/Market Cap30.32
Enterprise Value/Revenue1.35
Enterprise Value/Gross Profit1.95
Enterprise Value/Ebitda-6.75
Forecast
1Y Price Target
$6.00Price Target Upside2627.27% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)-1.82
Revenue Forecast (FY)$86.19M
Bulls Say, Bears Say
Bulls Say
Multiyear Subscription MixA rapid shift from 20% to ~50% of new-logo ARR in multiyear contracts materially increases revenue visibility and reduces churn risk. Longer-duration contracts improve predictability of cash flows and retention, supporting steadier ARR and operational planning over the next several quarters.
Sustained Adjusted EBITDA MarginsFive consecutive quarters of adjusted EBITDA margins ≥10% indicate consistent cost discipline and operating leverage. Sustained double-digit adjusted profitability creates an operating cushion to fund product development and working capital, reducing dependence on external financing if maintained.
Platform Modernization & AI RoadmapTransitioning customers to a modern, AI-forward PolicyNote platform and planned API/AI monetization diversify revenue delivery and expand addressable markets. Structural product upgrades and prediction-market roadmaps can create durable differentiation and new recurring revenue channels when execution is sustained.
Bears Say
Persistent Negative Cash FlowContinuous negative operating and free cash flow means the business is not self-funding and must rely on external capital. Persistent cash burn heightens refinancing and execution risk, constrains reinvestment capacity, and increases vulnerability to market disruptions over the medium term.
Leverage & Equity VolatilityA history of high leverage and episodes of negative equity signal a fragile capital structure. Even with paper improvements, volatile equity and negative ROE limit strategic flexibility, raise refinancing costs, and increase the risk that future shocks could force dilutive financing or asset sales.
NYSE Delisting & Liquidity ShiftDelisting and an imminent move to OTC represent a structural reduction in liquidity and institutional access. This change can raise capital costs, deter some customers and partners, complicate large-contract negotiations, and impair the company's ability to attract long-term institutional investors.
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 $4.26M.
When is FiscalNote Holdings’s upcoming earnings report date?
FiscalNote Holdings’s upcoming earnings report date is May 07, 2026 which is in 27 days.
How were FiscalNote Holdings’s earnings last quarter?
FiscalNote Holdings released its earnings results on Mar 19, 2026. The company reported -$1.45 earnings per share for the quarter, missing the consensus estimate of -$0.645 by -$0.805.
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 -0.6.
How many shares outstanding does FiscalNote Holdings have?
FiscalNote Holdings has 18,681,540 shares outstanding.
What happened to FiscalNote Holdings’s price movement after its last earnings report?
FiscalNote Holdings reported an EPS of -$1.45 in its last earnings report, missing expectations of -$0.645. Following the earnings report the stock price went down -14.843%.
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 technology and data company that delivers critical legal data and insights worldwide. It combines artificial intelligence technology, machine learning, and other technologies with analytics, workflow tools, and expert research. The company delivers that intelligence through its suite of public policy and issues management products, as well as powerful tools to manage workflows, advocacy campaigns, and constituent relationships. It serves a customer base that includes businesses comprising the Fortune 100 companies, government agencies, law firms, professional services organizations, trade groups, and non-profits. The company is headquartered in Washington, District of Columbia.
NOTE Company Deck
NOTE Earnings Call
Q4 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
$6.00
▲(2627.27% Upside)
Technical Analysis
Ownership Overview
Currently, No data available
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