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NOTE Stock Chart & Stats
$0.06
<$0.01(8.61%)
At close: 4:00 PM EDT
$0.06
<$0.01(8.61%)
Day’s Range― - ―
52-Week Range$0.04 - $5.56
Previous CloseN/A
Volume201.09K
Average Volume (3M)420.82K
Market Cap
$1.50M
Enterprise Value$122.63
Total Cash (Recent Filing)$20.59M
Total Debt (Recent Filing)$140.19M
Price to Earnings (P/E)―
Beta2.57
Next Earnings
Nov 17, 2026EPS Estimate
-0.48Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-6.63
Shares Outstanding28,519,148
10 Day Avg. Volume552,111
30 Day Avg. Volume420,822
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.33
Price to Sales (P/S)0.22
P/FCF Ratio-1.11
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-4.2
Revenue Forecast (FY)$78.88M
Bulls Say, Bears Say
Bulls Say
Recurring SaaS ModelA subscription-led SaaS and data model can create recurring revenue, deepen customer workflows, and support retention-based expansion through renewals, additional seats, modules, and cross-selling. This provides a durable foundation if policy intelligence remains strategically important to customers.
Margin And Retention ImprovementImproving net revenue retention indicates customer economics are stabilizing, while stronger gross and adjusted EBITDA margins show that cost actions are translating into operating leverage. Together, these trends could improve earnings quality and support a more sustainable core subscription business.
Core-business FocusDivesting FrontierView simplifies the portfolio, concentrates resources on policy and regulatory intelligence, and directs proceeds toward debt reduction. A sharper operating focus and modestly lower leverage could improve execution around PolicyNote and strengthen the company’s core franchise over time.
Bears Say
Core Revenue ContractionThe decline is concentrated in the company’s recurring subscription engine rather than a small ancillary activity, raising concern about demand, retention, and expansion across the core platform. Continued contraction would reduce scale, weaken operating leverage, and limit the resources available for product investment.
Extreme LeverageDebt at this level relative to equity materially constrains financial flexibility and increases refinancing, covenant, and potential dilution risks. High leverage can absorb cash that might otherwise fund product development or customer growth, making the business more vulnerable if operating performance remains weak.
Negative Self-funding CapacityPositive operating cash flow has not translated into free cash generation, indicating that investment or working-capital outlays continue to exceed internally generated funds. Persistent negative free cash flow, alongside recurring losses, increases reliance on financing and limits the company’s ability to self-fund recovery.
FiscalNote Holdings News
NOTE FAQ
What was FiscalNote Holdings’s price range in the past 12 months?
FiscalNote Holdings lowest stock price was $0.04 and its highest was $5.56 in the past 12 months.
What is FiscalNote Holdings’s market cap?
FiscalNote Holdings’s market cap is $1.50M.
When is FiscalNote Holdings’s upcoming earnings report date?
FiscalNote Holdings’s upcoming earnings report date is Nov 17, 2026 which is in 72 days.
How were FiscalNote Holdings’s earnings last quarter?
FiscalNote Holdings released its earnings results on Aug 10, 2026. The company reported -$1.06 earnings per share for the quarter, missing the consensus estimate of -$0.44 by -$0.62.
Is FiscalNote Holdings overvalued?
According to Wall Street analysts FiscalNote Holdings’s price is currently Overvalued.
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 -0.48.
How many shares outstanding does FiscalNote Holdings have?
FiscalNote Holdings has 28,519,148 shares outstanding.
What happened to FiscalNote Holdings’s price movement after its last earnings report?
FiscalNote Holdings reported an EPS of -$1.06 in its last earnings report, missing expectations of -$0.44. Following the earnings report the stock price went down -16.25%.
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 a premier technology and data firm, specializing in the global provision of vital legal data and actionable insights. They achieve this by integrating advanced artificial intelligence, machine learning, and other proprietary technologies with robust analytics, practical workflow tools, and specialized expert research. This comprehensive intelligence is then delivered via their suite of public policy and issues management solutions, along with powerful platforms for optimizing workflows, orchestrating advocacy campaigns, and nurturing constituent relationships. FiscalNote caters to a diverse clientele, including Fortune 100 corporations, governmental agencies, law firms, professional service providers, industry trade groups, and non-profit organizations. The company's operations are headquartered in Washington, D.C.
NOTE Company Deck
NOTE Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Negative
The call mixed operational progress (improving net revenue retention, margin expansion, cost reductions, and a strategic API customer win) with material financial and capital challenges (double-digit revenue and ARR declines, a $19.1M goodwill impairment driving a GAAP loss, sharply lower non-subscription revenue, reduced full-year guidance, and delisting/capital-structure uncertainty). While management is emphasizing stabilization and a path to return to growth, the magnitude of declines and balance-sheet/listing issues weigh heavily on the near-term outlook.View all NOTE earnings summariesTechnical Analysis
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Ownership Overview
21.35% Insiders
0.83% Mutual Funds
<0.01% Other Institutional Investors
77.82% Public Companies and
Individual Investors