Analysts Set Expectations for FiscalNote Q1 Earnings

FiscalNote Holdings, Inc. (NYSE:NOTE) – Analysts at Northland Securities issued their Q1 2027 EPS estimates for FiscalNote in a report released on Monday, February 2nd. Northland Securities analyst M. Latimore expects that the company will post earnings of ($0.30) per share for the quarter. The consensus estimate for FiscalNote’s current full-year earnings is ($0.43) per share. Northland Securities also issued estimates for FiscalNote’s Q2 2027 earnings at ($0.28) EPS, Q3 2027 earnings at ($0.24) EPS, Q4 2027 earnings at ($0.23) EPS and FY2027 earnings at ($1.05) EPS.

A number of other equities analysts have also weighed in on NOTE. Weiss Ratings reiterated a “sell (e+)” rating on shares of FiscalNote in a research report on Thursday, January 22nd. LADENBURG THALM/SH SH raised shares of FiscalNote to a “strong-buy” rating in a research note on Thursday, December 18th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $29.25.

FiscalNote Stock Performance

Shares of NYSE NOTE opened at $1.12 on Tuesday. The stock’s fifty day simple moving average is $1.67 and its 200 day simple moving average is $3.88. The stock has a market capitalization of $17.52 million, a price-to-earnings ratio of -0.26 and a beta of 0.62. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.66. FiscalNote has a 52-week low of $1.09 and a 52-week high of $24.36.

FiscalNote (NYSE:NOTE) last announced its quarterly earnings data on Thursday, November 6th. The company reported ($1.73) EPS for the quarter, missing analysts’ consensus estimates of ($0.84) by ($0.89). The company had revenue of $22.43 million for the quarter, compared to analyst estimates of $22.83 million. FiscalNote had a negative net margin of 54.31% and a negative return on equity of 75.96%.

Institutional Investors Weigh In On FiscalNote

Institutional investors have recently bought and sold shares of the business. Focus Partners Wealth grew its stake in FiscalNote by 830.9% during the 1st quarter. Focus Partners Wealth now owns 800,033 shares of the company’s stock valued at $647,000 after acquiring an additional 714,091 shares in the last quarter. Marshall Wace LLP purchased a new stake in shares of FiscalNote in the second quarter worth approximately $232,000. Citizens Financial Group Inc. RI boosted its holdings in shares of FiscalNote by 147.4% during the second quarter. Citizens Financial Group Inc. RI now owns 470,000 shares of the company’s stock worth $252,000 after purchasing an additional 280,000 shares during the period. NewEdge Advisors LLC grew its position 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. Finally, Marex Group plc purchased a new position in FiscalNote during the second quarter valued at approximately $89,000. 54.31% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting FiscalNote

Here are the key news stories impacting FiscalNote this week:

• Neutral Sentiment: Northland sees losses narrowing after FY2026 — the firm projects FY2027 EPS of ($1.05), an improvement from its FY2026 forecast — which suggests a recovery path but still no near-term profitability. MarketBeat NOTE Coverage
• Negative Sentiment: Northland’s FY2026 forecast is much worse than consensus (Northland: ($1.52) vs. consensus ~($0.43)), implying deeper-than-expected losses that can pressure valuation and investor confidence. MarketBeat NOTE Coverage
• Negative Sentiment: The firm issued negative quarterly EPS forecasts across 2025–2027 (examples: Q4 2025 ($0.60), Q1 2026 ($0.44), Q2 2026 ($0.40), Q3 2026 ($0.36), Q4 2026 ($0.32)), signaling persistent quarterly losses through multiple periods — a continuing headwind for the share price until revenue/margin improvement becomes evident. MarketBeat NOTE Coverage
• Negative Sentiment: Northland also models an acute FY2025 loss (($4.67) per share), highlighting either one-time items or a weak baseline year that could complicate near-term comparables and investor sentiment. MarketBeat NOTE Coverage

FiscalNote Company Profile

FiscalNote is a technology and data services company specializing in government and regulatory intelligence. Founded in 2013 by Timothy Hwang, Gerald Yao and Jonathan Chen, the company is headquartered in Washington, DC, with additional offices in New York, Brussels, London, Singapore and Hong Kong. FiscalNote went public in March 2021 through a special-purpose acquisition company (SPAC) merger and is listed on the New York Stock Exchange under the ticker NOTE.

The company’s flagship software-as-a-service platform aggregates legislative and regulatory data from jurisdictions around the world, combining that information with AI-driven analytics and expert commentary.