Brokerages Set FiscalNote Holdings, Inc. (NYSE:NOTE) Price Target at $29.25

FiscalNote Holdings, Inc. (NYSE:NOTE) has been assigned a consensus rating of “Moderate Buy” from the six analysts that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, four have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $29.25.

NOTE has been the subject of several research reports. Wall Street Zen cut FiscalNote from a “hold” rating to a “sell” rating in a research report on Saturday, August 9th. Weiss Ratings restated a “sell (e+)” rating on shares of FiscalNote in a research report on Saturday, September 27th. Finally, D. Boral Capital reiterated a “buy” rating and issued a $45.00 target price on shares of FiscalNote in a research note on Tuesday, August 12th.

Insider Activity

In other news, Director Tim Hwang sold 4,679 shares of the business’s stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $6.96, for a total transaction of $32,565.84. Following the sale, the director directly owned 225,033 shares in the company, valued at approximately $1,566,229.68. The trade was a 2.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders sold 15,230 shares of company stock worth $79,971 in the last quarter. Insiders own 36.70% of the company’s stock.

Institutional Investors Weigh In On FiscalNote

Institutional investors and hedge funds have recently bought and sold shares of the business. Bank of New York Mellon Corp raised its stake in shares of FiscalNote by 26.9% in the 1st quarter. Bank of New York Mellon Corp now owns 143,153 shares of the company’s stock valued at $116,000 after buying an additional 30,362 shares in the last quarter. XTX Topco Ltd raised its position in FiscalNote by 338.3% in the first quarter. XTX Topco Ltd now owns 71,219 shares of the company’s stock worth $58,000 after purchasing an additional 54,970 shares in the last quarter. Squarepoint Ops LLC bought a new position in FiscalNote during the fourth quarter worth about $87,000. Deutsche Bank AG boosted its holdings in FiscalNote by 425.0% during the fourth quarter. Deutsche Bank AG now owns 139,997 shares of the company’s stock valued at $150,000 after purchasing an additional 113,333 shares in the last quarter. Finally, Jefferies Financial Group Inc. bought a new stake in shares of FiscalNote in the 1st quarter valued at approximately $40,000. Institutional investors own 54.31% of the company’s stock.

FiscalNote Stock Performance

Shares of NOTE stock opened at $5.15 on Tuesday. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.25 and a quick ratio of 1.25. The firm has a market cap of $73.85 million, a P/E ratio of -1.34 and a beta of 0.56. The stock’s 50-day moving average is $5.59 and its two-hundred day moving average is $7.24. FiscalNote has a fifty-two week low of $3.80 and a fifty-two week high of $24.36.

FiscalNote (NYSE:NOTE) last released its quarterly earnings results on Thursday, August 7th. The company reported ($0.96) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.08) by $0.12. FiscalNote had a negative return on equity of 61.31% and a negative net margin of 41.79%.The company had revenue of $23.26 million during the quarter, compared to the consensus estimate of $22.83 million. FiscalNote has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Analysts predict that FiscalNote will post -0.43 earnings per share for the current fiscal year.

About FiscalNote

FiscalNote Holdings, Inc operates as technology company North America, Europe, Australia, and Asia. It combines artificial intelligence technology, machine learning, and other technologies with analytics, workflow tools, and expert research. The company also 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.