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FiscalNote Holdings, Inc. (NOTE)

Technology | Information Technology Services | Washington, United States | OTC Markets OTCID
0.06 USD 0.00 (-8.333%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)

Short-term:★☆☆☆☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 1:08 a.m. EDT

The investment case here is defined by a catastrophic disconnect between the company's reality and the market's hope. Fundamentally, this is a failing business: revenue has collapsed by nearly 16% year-over-year, profitability is nonexistent with negative operating margins, and the balance sheet is in distress with debt massively exceeding equity. The price has erased 95% of its value over the last four years, a multi-year decline that signals the market has permanently downgraded the asset's quality. Despite these dire fundamentals, the short-term outlook is driven entirely by a desperate, speculative bet on a turnaround. The options market is screaming for a rally, with call buyers targeting prices up to seven times the current level, while analysts have assigned a 'strong buy' rating based on a target price of $2.50—a move that would require the stock to triple just to meet the lowest analyst expectation. However, this optimism ignores the immediate threat of delisting from major exchanges, which often triggers liquidity crises and further price suppression. The statistical models also lean negative, confirming that the recent price action is not a reliable setup for a quick bounce. This is a high-risk gamble on a CEO's ability to reverse a structural decline, not a sound investment thesis.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.168855
AutoARIMA0.190738
MSTL0.210522
AutoETS0.211996

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 32%
H-stat 6.74
Ljung-Box p 0.000
Jarque-Bera p 0.493
Excess Kurtosis -0.64
Attribute Value
Sector Technology
Debt to Equity Ratio 51166.06
Revenue per Share 4.517
Market Cap 1,675,727
Forward P/E -0.33
Beta 0.77
Profit Margins -141.47%
Website https://fiscalnote.com

As of Aug. 22, 2026, 1:08 a.m. EDT: Speculators are positioning aggressively for a massive recovery, with heavy call volume concentrated at strikes far above the current price (up to $7.50), while put buyers are hedging against a drop to $2.50. This creates a 'long gamma' environment where the market expects a sharp bounce, yet the lack of intrinsic value suggests this is speculative leverage rather than a consensus on immediate solvency.


Info Dump

Attribute Value
52 Week Change -0.9882353
Address1 1,201 Pennsylvania Avenue NW
Address2 6th Floor
All Time High 147.6
All Time Low 0.055
Ask 0.058
Ask Size 113,396
Average Analyst Rating 1.0 - Strong Buy
Average Daily Volume10 Day 343,230
Average Daily Volume3 Month 293,428
Average Volume 293,428
Average Volume10Days 343,230
Beta 0.767
Bid 0.051
Bid Size 30,100
Book Value 0.01
City Washington
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 0.055
Current Ratio 0.229
Custom Price Alert Confidence LOW
Date Short Interest 1,773,360,000
Day High 0.06
Day Low 0.055
Debt To Equity 51,166.06
Display Name FiscalNote
Earnings Call Timestamp End 1,786,395,600
Earnings Call Timestamp Start 1,786,395,600
Earnings Timestamp 1,786,392,000
Earnings Timestamp End 1,793,908,800
Earnings Timestamp Start 1,793,908,800
Ebitda -17,424,000
Ebitda Margins -0.20684
Enterprise To Ebitda -7.006
Enterprise To Revenue 1.449
Enterprise Value 122,066,016
Eps Current Year -0.43
Eps Forward -0.165
Eps Trailing Twelve Months -6.52
Esg Populated 0
Exchange OID
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 0.10396
Fifty Day Average Change -0.04896
Fifty Day Average Change Percent -0.47095037
Fifty Two Week Change Percent -98.82353
Fifty Two Week High 5.59
Fifty Two Week High Change -5.5350003
Fifty Two Week High Change Percent -0.99016106
Fifty Two Week Low 0.055
Fifty Two Week Low Change 0.0
Fifty Two Week Low Change Percent 0.0
Fifty Two Week Range 0.055 - 5.59
Financial Currency USD
First Trade Date Milliseconds 1,607,351,400,000
Float Shares 27,346,040
Forward Eps -0.165
Forward P E -0.3333333
Free Cashflow -2,470,000
Full Exchange Name OTC Markets OTCID
Full Time Employees 343
Fullday Price 0.055
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.79350996
Gross Profits 66,844,000
Has Pre Post Market Data 0
Held Percent Insiders 0.096099995
Held Percent Institutions 0.08131
Implied Shares Outstanding 30,467,767
Industry Information Technology Services
Industry Disp Information Technology Services
Industry Key information-technology-services
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,756,771,200
Last Split Factor 1:12
Long Business Summary FiscalNote Holdings, Inc. operates as a technology provider for global policy and regulatory intelligence in North America, Europe, Australia, and Asia. The company operates PolicyNote which delivers legislative tracking, regulatory analysis, and stakeholder engagement. It also delivers extensive policy data integrated with AI-powered monitoring and expert analysis. The company serves midsized and smaller businesses, government agencies, law firms, professional services organizations, trade groups, and non-profits. FiscalNote Holdings, Inc. was founded in 2013 and is headquartered in Washington, the District Of Columbia.
Long Name FiscalNote Holdings, Inc.
Market us_market
Market Cap 1,675,727
Market State CLOSED
Max Age 86,400
Message Board Id finmb_697565304
Most Recent Quarter 1,782,777,600
Net Income To Common -119,173,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 1,825,018
Number Of Analyst Opinions 3
Open 0.0599
Operating Cashflow -7,653,000
Operating Margins -0.16229999
Payout Ratio 0.0
Phone 202 793 5300
Previous Close 0.06
Price Eps Current Year -0.12790698
Price Hint 4
Price To Book 5.5
Price To Sales Trailing12 Months 0.019892769
Profit Margins -1.41472
Quick Ratio 0.186
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.0
Region US
Regular Market Change -0.004999999
Regular Market Change Percent -8.333331
Regular Market Day High 0.06
Regular Market Day Low 0.055
Regular Market Day Range 0.055 - 0.06
Regular Market Open 0.0599
Regular Market Previous Close 0.06
Regular Market Price 0.055
Regular Market Time 1,787,947,200
Regular Market Volume 293,219
Return On Assets -0.069120005
Return On Equity -2.4991999
Revenue Growth -0.158
Revenue Per Share 4.517
Sand P52 Week Change 0.1966995
Sector Technology
Sector Disp Technology
Sector Key technology
Shares Outstanding 29,776,858
Shares Percent Shares Out 0.0002
Shares Short 3,986
Shares Short Previous Month Date 1,770,940,800
Shares Short Prior Month 2,863,207
Short Name FiscalNote Holdings, Inc.
Short Percent Of Float 0.00059999997
Short Ratio 0.01
Source Interval 15
State DC
Symbol NOTE
Target High Price 3.25
Target Low Price 1.25
Target Mean Price 2.5
Target Median Price 3.0
Total Cash 19,954,000
Total Cash Per Share 0.655
Total Debt 140,195,008
Total Revenue 84,238,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -6.52
Trailing Peg Ratio None
Triggerable 0
Two Hundred Day Average 0.809
Two Hundred Day Average Change -0.754
Two Hundred Day Average Change Percent -0.9320148
Type Disp Equity
Volume 293,219
Website https://fiscalnote.com
Zip 20,004