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
$4.91M
Enterprise Value$128.93M
Total Cash (Recent Filing)$26.95M
Total Debt (Recent Filing)$151.08M
Price to Earnings (P/E)―
Beta3.10
Next Earnings
May 07, 2026EPS Estimate
-0.6Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.45
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 Cap26.25
Enterprise Value/Revenue1.35
Enterprise Value/Gross Profit1.95
Enterprise Value/Ebitda-6.73
Forecast
1Y Price Target
$6.00Price Target Upside2207.69% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)-1.82
Revenue Forecast (FY)$86.19M
Bulls Say, Bears Say
Bulls Say
Recurring SaaS Revenue ModelA subscription-based SaaS/data model provides durable recurring revenue and visibility from multi-year contracts and seat-based pricing. This foundation supports predictable cash inflows, customer retention focus, and scalable unit economics that can drive improved margins as churn is managed and upsells expand.
High Gross MarginsConsistently strong gross margins indicate attractive underlying product economics for data and software delivery. With appropriate cost discipline, high gross margins create room for operating leverage: lowered fixed costs and improved retention could translate these economics into sustained operating profitability over the medium term.
Platform Modernization And AI/API StrategyMigrating customers to PolicyNote and pursuing AI integrations/APIs is a structural product upgrade that can reduce churn, raise engagement, and open higher-margin API and partnership revenue streams. These durable tech investments broaden distribution, support enterprise integrations, and enable new product adjacencies like prediction-market insights.
Bears Say
Chronic Negative Cash FlowPersistent negative operating and free cash flow means the business is not self-funding operations and remains reliant on external capital. Over a 2–6 month horizon this heightens execution risk, constrains discretionary investment in product or sales, and reduces resilience to macro shocks or execution delays.
NYSE Delisting And Debt ForbearanceDelisting and temporary forbearance represent a structural deterioration in market access and creditor confidence. OTC trading reduces liquidity and investor breadth, while forbearance is only short-term relief; both factors materially impair capital-raising ability and increase the cost and uncertainty of financing going forward.
Volatile Profitability And Leverage HistoryA history of elevated, unstable leverage and intermittent negative equity combined with swings from profit to large losses undermines financial predictability. This volatility weakens negotiating power with partners and lenders, raises refinancing risk, and complicates planning for consistent margin recovery in the medium term.
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 $4.91M.
When is FiscalNote Holdings’s upcoming earnings report date?
FiscalNote Holdings’s upcoming earnings report date is May 07, 2026 which is in 3 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 22,475,235 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
▲(2207.69% Upside)
Technical Analysis
Ownership Overview
24.39% Insiders
2.42% Mutual Funds
2.61% Other Institutional Investors
70.57% Public Companies and
Individual Investors