Analysts Set Expectations for FiscalNote FY2025 Earnings

FiscalNote Holdings, Inc. (NYSE:NOTE) – Research analysts at Northland Securities issued their FY2025 earnings per share estimates for FiscalNote in a report issued on Monday, February 2nd. Northland Securities analyst M. Latimore anticipates that the company will post earnings per share of ($4.67) for the year. The consensus estimate for FiscalNote’s current full-year earnings is ($0.43) per share. Northland Securities also issued estimates for FiscalNote’s Q4 2025 earnings at ($0.60) EPS, Q1 2026 earnings at ($0.44) EPS, Q2 2026 earnings at ($0.40) EPS, Q3 2026 earnings at ($0.36) EPS, Q4 2026 earnings at ($0.32) EPS and FY2026 earnings at ($1.52) EPS.

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

FiscalNote Stock Down 8.7%

NOTE stock opened at $1.01 on Wednesday. FiscalNote has a 1-year low of $1.00 and a 1-year high of $24.36. The business’s 50 day simple moving average is $1.65 and its 200 day simple moving average is $3.84. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.66. The firm has a market capitalization of $15.91 million, a PE ratio of -0.24 and a beta of 0.62.

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

Hedge Funds Weigh In On FiscalNote

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Citizens Financial Group Inc. RI raised its position in FiscalNote by 147.4% in the second quarter. Citizens Financial Group Inc. RI now owns 470,000 shares of the company’s stock valued at $252,000 after purchasing an additional 280,000 shares during the last quarter. Bank of America Corp DE increased its stake in shares of FiscalNote by 51.5% in the fourth quarter. Bank of America Corp DE now owns 49,042 shares of the company’s stock valued at $52,000 after buying an additional 16,675 shares during the period. R Squared Ltd bought a new position in FiscalNote in the 2nd quarter valued at approximately $27,000. International Assets Investment Management LLC raised its holdings in FiscalNote by 25.2% in the 2nd quarter. International Assets Investment Management LLC now owns 158,835 shares of the company’s stock valued at $85,000 after buying an additional 32,000 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its position in FiscalNote by 4,900.0% during the 3rd quarter. Raymond James Financial Inc. now owns 15,000 shares of the company’s stock worth $69,000 after buying an additional 14,700 shares during the period. 54.31% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about FiscalNote

Here are the key news stories impacting FiscalNote this week:

• Neutral Sentiment: Analysts have set and refreshed expectations ahead of FiscalNote’s next quarter, providing updated EPS targets that set a reference point for upcoming results. This note is informational for investors awaiting the company’s report. Article Title
• Neutral Sentiment: Chart-focused coverage says NOTE’s recent slide mirrors broader NYSE Composite trends, suggesting part of the move is market/sector-driven rather than purely company-specific. That may limit how much of the share drop is fundamental. Article Title
• Negative Sentiment: Major analyst price-target cuts: one broker cut NOTE’s target by ~57% to $8.42, reducing upside expectations and signaling weaker analyst confidence — a direct negative for sentiment. Article Title
• Negative Sentiment: Equity-warrant coverage also saw a material target cut (down ~35.6% to $0.21), which further reduces derivative/instrument valuations tied to the company and signals weaker recovery prospects. Article Title
• Negative Sentiment: Northland Securities published a series of substantially negative EPS forecasts for FiscalNote (multiple quarterly and full-year estimates well below consensus, including FY2026 at about ($1.52) vs. consensus ~($0.43)). Those cuts imply longer or deeper losses than the market expected and increase downside risk to the stock. Article Title
• Negative Sentiment: Insider selling: director Tim Hwang sold 4,090 shares on Feb. 2 at about $1.20, a modest sale but notable given the company’s small market cap and depressed share price — such transactions can weigh on sentiment for micro-cap names. SEC Filing

About FiscalNote

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.