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

FiscalNote Holdings, Inc. (NYSE:NOTE) has earned an average rating of “Moderate Buy” from the five analysts that are currently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, three have issued a buy rating and one has issued a strong buy rating 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.

A number of research analysts have commented on NOTE shares. Weiss Ratings restated a “sell (e+)” rating on shares of FiscalNote in a research note on Thursday, January 22nd. LADENBURG THALM/SH SH upgraded FiscalNote to a “strong-buy” rating in a research report on Thursday, December 18th.

FiscalNote News Roundup

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

Institutional Investors Weigh In On FiscalNote

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

FiscalNote Price Performance

Shares of NYSE NOTE opened at $1.12 on Monday. The stock has a market cap of $17.52 million, a P/E ratio of -0.26 and a beta of 0.62. FiscalNote has a twelve month low of $1.09 and a twelve month high of $24.36. The stock has a 50 day moving average of $1.67 and a two-hundred day moving average of $3.88. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.66.

FiscalNote (NYSE:NOTE) last announced its earnings results on Thursday, November 6th. The company reported ($1.73) EPS for the quarter, missing analysts’ consensus estimates of ($0.84) by ($0.89). The business had revenue of $22.43 million during 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%. On average, research analysts forecast that FiscalNote will post -0.43 earnings per share for the current year.

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.