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
$4.40M
Enterprise Value$123.80M
Total Cash (Recent Filing)$25.84M
Total Debt (Recent Filing)$144.97M
Price to Earnings (P/E)―
Beta3.03
Next Earnings
Aug 06, 2026EPS Estimate
-0.44Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-6.57
Shares Outstanding22,475,235
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 Cap28.13
Enterprise Value/Revenue1.41
Enterprise Value/Gross Profit2.09
Enterprise Value/Ebitda-4.35
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)$81.05M
Bulls Say, Bears Say
Bulls Say
Recurring SaaS RevenueA subscription-based SaaS business provides predictable, contractually recurring revenue and higher customer retention potential versus transaction sales. Over 2–6 months this supports revenue visibility, smoother cash inflows, and opportunities for upsell and enterprise seat expansion that strengthen long-term monetization.
High Gross MarginsA ~70% gross margin signals scalable software economics: incremental revenue largely flows to the bottom line once fixed costs are controlled. Sustained high gross margin gives management room to invest in product, absorb sales expense, and convert operating leverage into durable profitability as restructuring and cost reductions take effect.
Platform Migration & New Product RoadmapMigrating customers to a modern platform and targeting AI integrations plus prediction-market extensions are structural product moves that can increase user engagement, create API monetization paths, and diversify revenue. These initiatives leverage existing customer relationships and can produce sustainable ARR growth if execution holds.
Bears Say
Very High LeverageExtremely high leverage materially constrains strategic flexibility and amplifies downside risk. Interest and principal obligations make the company sensitive to revenue shocks, limit ability to invest, and raise the probability of covenant violations or forced asset sales, undermining durable financial resilience over months.
Persistent Negative Cash FlowOngoing negative OCF and FCF indicate the business is not self-funding and must access external capital to sustain operations or growth. Continued cash burn constrains R&D and sales investment, increases dilution or refinancing risk, and can force trade-offs that weaken long-term competitive positioning if not reversed.
NYSE Delisting & Temporary Creditor ForbearanceDelisting reduces liquidity, investor access, and credibility with counterparties; temporary forbearance only delays creditor remedies. The shift to OTC trading and short-term waivers create persistent financing and listing uncertainty that can impair capital-raising and long-term strategic options if not resolved promptly.
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 $4.40M.
When is FiscalNote Holdings’s upcoming earnings report date?
FiscalNote Holdings’s upcoming earnings report date is Aug 06, 2026 which is in 73 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 22,475,235 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 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
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
23.12% Insiders
2.36% Mutual Funds
<0.01% Other Institutional Investors
74.51% Public Companies and
Individual Investors