FiscalNote (NOTE) Projected to Post Earnings on Thursday

Key Points

• FiscalNote (NOTE) is set to announce its Q2 2025 earnings on August 7th, with analysts forecasting an expected loss of ($0.09) per share.
• In its last quarterly report, FiscalNote recorded a loss of ($0.12) per share, missing estimates, while its revenue of $27.51 million exceeded expectations.
• Recent reports indicate a consensus rating of "Moderate Buy" for FiscalNote, with an average price target of $2.63 from analysts.

FiscalNote (NYSE:NOTE - Get Free Report) is anticipated to announce its Q2 2025 earnings results after the market closes on Thursday, August 7th. Analysts expect the company to announce earnings of ($0.09) per share and revenue of $22.83 million for the quarter. FiscalNote has set its FY 2025 guidance at EPS and its Q2 2025 guidance at EPS.

FiscalNote (NYSE:NOTE - Get Free Report) last posted its quarterly earnings data on Monday, May 12th. The company reported ($0.12) EPS for the quarter, missing analysts' consensus estimates of ($0.10) by ($0.02). The company had revenue of $27.51 million during the quarter, compared to analyst estimates of $26.43 million. FiscalNote had a negative return on equity of 59.01% and a negative net margin of 39.19%. On average, analysts expect FiscalNote to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

FiscalNote Trading Up 3.7%

Shares of FiscalNote stock traded up $0.02 during midday trading on Monday, reaching $0.58. The company had a trading volume of 448,642 shares, compared to its average volume of 2,898,010. The stock has a fifty day moving average price of $0.63 and a 200 day moving average price of $0.87. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.28 and a quick ratio of 1.28. The firm has a market cap of $92.24 million, a PE ratio of -1.77 and a beta of 0.59. FiscalNote has a fifty-two week low of $0.48 and a fifty-two week high of $2.03.

Insider Buying and Selling at FiscalNote

In other news, Director Tim Hwang sold 40,998 shares of the company's stock in a transaction that occurred on Monday, June 2nd. The stock was sold at an average price of $0.64, for a total transaction of $26,238.72. Following the transaction, the director directly owned 2,793,762 shares of the company's stock, valued at $1,788,007.68. This represents a 1.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders sold 93,425 shares of company stock worth $60,190 over the last quarter. 41.75% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On FiscalNote

A number of institutional investors have recently modified their holdings of NOTE. Focus Partners Wealth raised its position in shares of FiscalNote by 830.9% during the first quarter. Focus Partners Wealth now owns 800,033 shares of the company's stock worth $647,000 after purchasing an additional 714,091 shares during the period. Goldman Sachs Group Inc. raised its position in shares of FiscalNote by 8.2% during the first quarter. Goldman Sachs Group Inc. now owns 475,798 shares of the company's stock worth $384,000 after purchasing an additional 35,984 shares during the period. Finally, Bank of America Corp DE raised its position in shares of FiscalNote by 51.5% during the fourth quarter. Bank of America Corp DE now owns 49,042 shares of the company's stock worth $52,000 after purchasing an additional 16,675 shares during the period. 54.31% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently commented on NOTE shares. D. Boral Capital reaffirmed a "buy" rating and issued a $3.75 price objective on shares of FiscalNote in a research note on Tuesday, May 13th. Wall Street Zen raised FiscalNote from a "sell" rating to a "hold" rating in a research note on Thursday, May 22nd. Finally, LADENBURG THALM/SH SH assumed coverage on FiscalNote in a research note on Thursday, May 1st. They issued a "buy" rating and a $2.50 price target on the stock. Two research analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $2.63.

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.