FiscalNote (NOTE) Expected to Announce Earnings on Thursday

FiscalNote (NYSE:NOTE - Get Free Report) will likely be releasing its Q1 2025 earnings data before the market opens on Thursday, May 8th. Analysts expect FiscalNote to post earnings of ($0.10) per share and revenue of $26.43 million for the quarter. FiscalNote has set its FY 2025 guidance at EPS and its Q1 2025 guidance at EPS.

FiscalNote (NYSE:NOTE - Get Free Report) last released its quarterly earnings results on Thursday, March 13th. The company reported ($0.10) earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of ($0.10). The business had revenue of $29.47 billion during the quarter, compared to analysts' expectations of $29.02 million. FiscalNote had a negative return on equity of 88.72% and a negative net margin of 22.27%. On average, analysts expect FiscalNote to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

FiscalNote Price Performance

NOTE traded down $0.02 during midday trading on Tuesday, hitting $0.61. The company had a trading volume of 138,159 shares, compared to its average volume of 1,561,346. FiscalNote has a twelve month low of $0.56 and a twelve month high of $2.07. The firm's 50-day simple moving average is $0.83 and its 200-day simple moving average is $1.04. The company has a market capitalization of $98.95 million, a PE ratio of -2.78 and a beta of 0.62. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.81 and a current ratio of 0.81.

Wall Street Analyst Weigh In

Several research firms have issued reports on NOTE. LADENBURG THALM/SH SH began coverage on FiscalNote in a report on Thursday, May 1st. They set a "buy" rating and a $2.50 price objective on the stock. B. Riley dropped their price objective on FiscalNote from $1.75 to $1.50 and set a "buy" rating for the company in a report on Friday, March 14th. D. Boral Capital restated a "buy" rating and issued a $3.75 price objective on shares of FiscalNote in a report on Monday, March 17th. Finally, Roth Mkm decreased their price objective on FiscalNote from $3.00 to $2.00 and set a "buy" rating for the company in a research note on Friday, March 14th. One research analyst has rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, FiscalNote currently has an average rating of "Buy" and an average price target of $2.63.

Insiders Place Their Bets

In related news, Director Tim Hwang sold 51,137 shares of the firm's stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $1.13, for a total transaction of $57,784.81. Following the sale, the director now directly owns 2,655,992 shares in the company, valued at $3,001,270.96. This trade represents a 1.89 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Over the last ninety days, insiders have sold 124,825 shares of company stock worth $107,906. Corporate insiders own 41.75% of the company's stock.

Institutional Trading of FiscalNote

A hedge fund recently raised its stake in FiscalNote stock. Bank of America Corp DE increased its stake in FiscalNote Holdings, Inc. (NYSE:NOTE - Free Report) by 51.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 49,042 shares of the company's stock after buying an additional 16,675 shares during the quarter. Bank of America Corp DE's holdings in FiscalNote were worth $52,000 as of its most recent SEC filing. Institutional investors own 54.31% of the company's stock.

FiscalNote Company Profile

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.