FiscalNote Q2 EPS Estimate Reduced by Northland Securities

FiscalNote Holdings, Inc. (NYSE:NOTE) – Stock analysts at Northland Securities dropped their Q2 2026 earnings per share estimates for FiscalNote in a research note issued on Friday, May 8th. Northland Securities analyst M. Latimore now expects that the company will post earnings of ($0.45) per share for the quarter, down from their prior estimate of ($0.40). The consensus estimate for FiscalNote’s current full-year earnings is ($0.43) per share. Northland Securities also issued estimates for FiscalNote’s Q3 2026 earnings at ($0.29) EPS, Q4 2026 earnings at ($0.26) EPS, FY2026 earnings at ($3.39) EPS, Q1 2027 earnings at ($0.27) EPS and FY2027 earnings at ($0.99) EPS.

A number of other analysts also recently weighed in on the stock. Weiss Ratings reissued a “sell (e+)” rating on shares of FiscalNote in a research report on Thursday, January 22nd. LADENBURG THALM/SH SH cut their price target on shares of FiscalNote from $11.00 to $9.75 and set a “buy” rating on the stock in a report on Thursday, March 26th. Two research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $27.38.

FiscalNote Price Performance

NOTE stock opened at $0.20 on Wednesday. The stock’s 50 day moving average is $0.48 and its two-hundred day moving average is $1.43. FiscalNote has a 52-week low of $0.11 and a 52-week high of $10.20. The company has a market capitalization of $3.87 million, a PE ratio of -0.04 and a beta of 0.78. The company has a quick ratio of 1.01, a current ratio of 1.03 and a debt-to-equity ratio of 2.03.

FiscalNote (NYSE:NOTE) last issued its quarterly earnings results on Thursday, March 19th. The company reported ($0.66) EPS for the quarter, beating analysts’ consensus estimates of ($0.67) by $0.01. FiscalNote had a negative return on equity of 80.70% and a negative net margin of 68.39%.The firm had revenue of $22.20 million during the quarter, compared to the consensus estimate of $22.40 million.

Hedge Funds Weigh In On FiscalNote

Several large investors have recently made changes to their positions in NOTE. Two Sigma Investments LP acquired a new position in shares of FiscalNote in the 3rd quarter worth approximately $64,000. Raymond James Financial Inc. boosted 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 buying an additional 14,700 shares in the last quarter. Price T Rowe Associates Inc. MD bought a new stake in FiscalNote during the fourth quarter worth approximately $36,000. XTX Topco Ltd increased its holdings in shares of FiscalNote by 131.4% in the fourth quarter. XTX Topco Ltd now owns 35,516 shares of the company’s stock valued at $52,000 after buying an additional 20,166 shares in the last quarter. Finally, Bank of America Corp DE increased 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 buying an additional 16,675 shares in the last quarter. Institutional investors own 54.31% of the company’s stock.

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.