FiscalNote (NYSE:NOTE) Announces Quarterly Earnings Results

FiscalNote (NYSE:NOTE) released its quarterly earnings data on Thursday. The company reported ($1.73) EPS for the quarter, missing the consensus estimate of ($0.84) by ($0.89), FiscalAI reports. The business had revenue of $22.43 million during the quarter, compared to analysts’ expectations of $22.83 million. FiscalNote had a negative net margin of 54.31% and a negative return on equity of 71.72%. FiscalNote updated its Q4 2025 guidance to EPS and its FY 2025 guidance to EPS.

FiscalNote Price Performance

NOTE stock traded up $0.05 during mid-day trading on Friday, reaching $3.05. 468,445 shares of the company’s stock were exchanged, compared to its average volume of 235,601. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.25 and a quick ratio of 1.25. FiscalNote has a 12-month low of $2.50 and a 12-month high of $24.36. The stock’s 50 day moving average is $4.49 and its 200 day moving average is $6.36. The company has a market cap of $43.67 million, a price-to-earnings ratio of -0.72 and a beta of 0.55.

Analysts Set New Price Targets

A number of research analysts recently issued reports on NOTE shares. Weiss Ratings restated a “sell (e+)” rating on shares of FiscalNote in a research report on Wednesday, October 8th. Wall Street Zen lowered FiscalNote from a “hold” rating to a “sell” rating in a research note on Saturday, August 9th. Finally, D. Boral Capital reissued a “buy” rating and issued a $45.00 price objective on shares of FiscalNote in a report on Tuesday, August 12th. Four research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $29.25.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Bank of America Corp DE grew its stake in FiscalNote by 51.5% in the 4th quarter. Bank of America Corp DE now owns 49,042 shares of the company’s stock valued at $52,000 after acquiring an additional 16,675 shares during the period. NewEdge Advisors LLC lifted its holdings in FiscalNote by 617.6% during the second quarter. NewEdge Advisors LLC now owns 268,094 shares of the company’s stock valued at $144,000 after purchasing an additional 230,733 shares in the last quarter. Marshall Wace LLP acquired a new stake in shares of FiscalNote in the second quarter valued at about $232,000. Goldman Sachs Group Inc. grew its position in shares of FiscalNote by 8.2% in the first quarter. Goldman Sachs Group Inc. now owns 475,798 shares of the company’s stock valued at $384,000 after purchasing an additional 35,984 shares during the period. Finally, Focus Partners Wealth increased its stake in shares of FiscalNote by 830.9% during the first quarter. Focus Partners Wealth now owns 800,033 shares of the company’s stock worth $647,000 after purchasing an additional 714,091 shares in the last quarter. Hedge funds and other institutional investors own 54.31% of the company’s stock.

FiscalNote Company Profile

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.