FiscalNote Holdings, Inc. (NOTE)Technology | Information Technology Services | Washington, United States | OTC Markets OTCID
0.10 USD
+0.00
(1.064%)
⇧
(July 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 2:42 a.m. EDT
The investment case for FiscalNote is effectively broken. The company has been decimated by a structural collapse, evidenced by a 93% drop in share price over the last four years and three consecutive years of negative annual returns. Fundamentally, the business is hemorrhaging cash with negative operating margins, shrinking revenue, and a debt load nearly six times its equity base. The delisting from the NYSE to the OTC market confirms the severity of the situation, leaving the stock vulnerable to manipulation and liquidity droughts. While the forward P/E looks artificially attractive due to negative earnings, this is a classic value trap; the market is correctly pricing in the high probability of insolvency or permanent capital loss. There is no credible path to the $4.83 analyst target given the lack of cash and deteriorating operations. Short-term, the outlook remains bleak as the stock trades near its 52-week lows with no support. The options market is screaming 'down,' with massive put positioning at strikes far above the current price. Unless there is a miraculous turnaround in revenue or a debt restructuring that isn't reflected in these numbers, the rational play is to stay away entirely. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.223655 |
| MSTL | 0.238656 |
| AutoTheta | 0.675803 |
| AutoARIMA | 0.677443 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 26% |
| H-stat | 133.62 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.047 |
| Excess Kurtosis | -0.88 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 584.654 |
| Revenue per Share | 5.696 |
| Market Cap | 2,532,011 |
| Forward P/E | 0.32 |
| Beta | 0.81 |
| Profit Margins | -118.98% |
| Website | https://fiscalnote.com |
As of July 11, 2026, 2:42 a.m. EDT: Speculators are overwhelmingly betting on further downside. Call volume is negligible, while put volume is concentrated in strikes significantly above the current price ($1.00 to $2.50), indicating a strong expectation of continued decline. Open interest is heavily skewed toward these out-of-the-money puts, suggesting a 'long gamma' environment where sellers face unlimited risk if the stock rallies, reinforcing the bearish sentiment.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.98834324 |
| Address1 | 1,201 Pennsylvania Avenue NW |
| Address2 | 6th Floor |
| All Time High | 147.6 |
| All Time Low | 0.086 |
| Ask | 0.1 |
| Ask Size | 9,050 |
| Average Daily Volume10 Day | 304,260 |
| Average Daily Volume3 Month | 284,026 |
| Average Volume | 284,026 |
| Average Volume10Days | 304,260 |
| Beta | 0.806 |
| Bid | 0.095 |
| Bid Size | 50,000 |
| Book Value | 1.278 |
| City | Washington |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 0.095 |
| Current Ratio | 0.277 |
| Custom Price Alert Confidence | LOW |
| Date Short Interest | 1,773,360,000 |
| Day High | 0.1 |
| Day Low | 0.08585 |
| Debt To Equity | 584.654 |
| Display Name | FiscalNote |
| Earnings Call Timestamp End | 1,778,187,600 |
| Earnings Call Timestamp Start | 1,778,187,600 |
| Earnings Timestamp | 1,778,184,000 |
| Earnings Timestamp End | 1,786,046,400 |
| Earnings Timestamp Start | 1,786,046,400 |
| Ebitda | -21,614,000 |
| Ebitda Margins | -0.24583 |
| Enterprise To Ebitda | -5.629 |
| Enterprise To Revenue | 1.384 |
| Enterprise Value | 121,658,008 |
| Eps Current Year | 0.97 |
| Eps Forward | 0.295 |
| Eps Trailing Twelve Months | -6.7 |
| Esg Populated | 0 |
| Exchange | OID |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 0.16832 |
| Fifty Day Average Change | -0.07332 |
| Fifty Day Average Change Percent | -0.43559888 |
| Fifty Two Week Change Percent | -98.83432 |
| Fifty Two Week High | 10.2 |
| Fifty Two Week High Change | -10.105 |
| Fifty Two Week High Change Percent | -0.99068624 |
| Fifty Two Week Low | 0.08585 |
| Fifty Two Week Low Change | 0.009149998 |
| Fifty Two Week Low Change Percent | 0.106581226 |
| Fifty Two Week Range | 0.08585 - 10.2 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,607,351,400,000 |
| Float Shares | 23,477,874 |
| Forward Eps | 0.295 |
| Forward P E | 0.3220339 |
| Free Cashflow | -7,221,875 |
| Full Exchange Name | OTC Markets OTCID |
| Full Time Employees | 370 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.79111 |
| Gross Profits | 69,555,000 |
| Has Pre Post Market Data | 0 |
| Held Percent Insiders | 0.05628 |
| Held Percent Institutions | 0.09441 |
| Implied Shares Outstanding | 26,652,750 |
| Industry | Information Technology Services |
| Industry Disp | Information Technology Services |
| Industry Key | information-technology-services |
| Is Earnings Date Estimate | 1 |
| 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 | 2,532,011 |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_697565304 |
| Most Recent Quarter | 1,774,915,200 |
| Net Income To Common | -104,610,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 2,532,010 |
| Number Of Analyst Opinions | 3 |
| Open | 0.08585 |
| Operating Cashflow | -11,709,000 |
| Operating Margins | -0.34487 |
| Payout Ratio | 0.0 |
| Phone | 202 793 5300 |
| Previous Close | 0.094 |
| Price Eps Current Year | 0.09793814 |
| Price Hint | 4 |
| Price To Book | 0.0743349 |
| Price To Sales Trailing12 Months | 0.028798705 |
| Profit Margins | -1.18982 |
| Quick Ratio | 0.228 |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | 0.001000002 |
| Regular Market Change Percent | 1.0638319 |
| Regular Market Day High | 0.1 |
| Regular Market Day Low | 0.08585 |
| Regular Market Day Range | 0.08585 - 0.1 |
| Regular Market Open | 0.08585 |
| Regular Market Previous Close | 0.094 |
| Regular Market Price | 0.095 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 63,219 |
| Return On Assets | -0.07374 |
| Return On Equity | -1.6942 |
| Revenue Growth | -0.272 |
| Revenue Per Share | 5.696 |
| Sand P52 Week Change | 0.20847368 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Shares Outstanding | 25,961,841 |
| 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 | 9.75 |
| Target Low Price | 1.25 |
| Target Mean Price | 4.83333 |
| Target Median Price | 3.5 |
| Total Cash | 25,839,000 |
| Total Cash Per Share | 0.969 |
| Total Debt | 144,964,992 |
| Total Revenue | 87,921,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -6.7 |
| Trailing Peg Ratio | None |
| Triggerable | 0 |
| Two Hundred Day Average | 1.55564 |
| Two Hundred Day Average Change | -1.46064 |
| Two Hundred Day Average Change Percent | -0.9389319 |
| Type Disp | Equity |
| Volume | 63,219 |
| Website | https://fiscalnote.com |
| Zip | 20,004 |