FiscalNote (NYSE:NOTE) Issues Quarterly Earnings Results, Misses Estimates By $0.89 EPS

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

FiscalNote Stock Up 1.5%

Shares of NYSE:NOTE traded up $0.05 during midday trading on Friday, hitting $3.05. 468,445 shares of the company’s stock traded hands, compared to its average volume of 235,601. The firm’s fifty day moving average price is $4.49 and its two-hundred day moving average price is $6.36. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.25 and a current ratio of 1.25. FiscalNote has a twelve month low of $2.50 and a twelve month high of $24.36. The company has a market cap of $43.67 million, a PE ratio of -0.72 and a beta of 0.55.

Analyst Ratings Changes

NOTE has been the topic of several research analyst reports. Weiss Ratings reissued a “sell (e+)” rating on shares of FiscalNote in a research report on Wednesday, October 8th. D. Boral Capital reiterated a “buy” rating and issued a $45.00 price target on shares of FiscalNote in a report on Tuesday, August 12th. Finally, Wall Street Zen downgraded FiscalNote from a “hold” rating to a “sell” rating in a report on Saturday, August 9th. Four research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, FiscalNote has a consensus rating of “Moderate Buy” and a consensus target price of $29.25.

Hedge Funds Weigh In On FiscalNote

A number of institutional investors and hedge funds have recently bought and sold shares of NOTE. Focus Partners Wealth increased its stake in FiscalNote by 830.9% during the 1st quarter. Focus Partners Wealth now owns 800,033 shares of the company’s stock worth $647,000 after buying an additional 714,091 shares during the period. Goldman Sachs Group Inc. raised its stake in FiscalNote by 8.2% during the first quarter. Goldman Sachs Group Inc. now owns 475,798 shares of the company’s stock valued at $384,000 after buying an additional 35,984 shares in the last quarter. Marshall Wace LLP bought a new position in FiscalNote during the second quarter worth $232,000. NewEdge Advisors LLC boosted its holdings in shares of FiscalNote by 617.6% in the 2nd quarter. NewEdge Advisors LLC now owns 268,094 shares of the company’s stock valued at $144,000 after buying an additional 230,733 shares during the period. Finally, Bank of America Corp DE boosted its stake in 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 during the period. Hedge funds and other institutional investors own 54.31% of the company’s stock.

About FiscalNote

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.