WallStSmart

FiscalNote Holdings Inc. (NOTE) Stock Analysis — PE Ratio, PS Ratio, Intrinsic Value & 2030 Price Target

FiscalNote Holdings Inc. stock (NOTE) is currently trading at $0.53. FiscalNote Holdings Inc. PS ratio (Price-to-Sales) is 0.12. Analyst consensus price target for NOTE is $7.67. WallStSmart rates NOTE as Sell.

  • NOTE PE ratio analysis and historical PE chart
  • NOTE PS ratio (Price-to-Sales) history and trend
  • NOTE intrinsic value — DCF, Graham Number, EPV models
  • NOTE stock price prediction 2025 2026 2027 2028 2029 2030
  • NOTE fair value vs current price
  • NOTE insider transactions and insider buying
  • Is NOTE undervalued or overvalued?
  • FiscalNote Holdings Inc. financial analysis — revenue, earnings, cash flow
  • NOTE Piotroski F-Score and Altman Z-Score
  • NOTE analyst price target and Smart Rating
NOTE

FiscalNote Holdings Inc.

NYSETECHNOLOGY
$0.53
$0.17 (-24.45%)
52W$0.73
$11.74
Target$7.67+1344.4%

📊 No data available

Try selecting a different time range

WallStSmart

Smart Analysis

FiscalNote Holdings Inc. (NOTE) · 8 metrics scored

Smart Score

32
out of 100
Grade: F
Avoid
Investment Rating

Category Performance

WallStSmart pulls financial metrics like revenue growth, profit margins, and valuation ratios and scores each one from 0 to 10 based on how strong or weak it is. Those 10 scores are grouped into 4 categories: Growth, Profitability, Valuation, and Quality — which form the 4 axes of the spider chart you see. The categories are then combined into a final score out of 100, but not equally. Growth and Profitability together count for 60% of the total, because a fast-growing profitable business matters more than just a cheap one. That final number maps to a rating (Strong Buy, Buy, Hold, Avoid) and a letter grade, giving you one clear Stock Rating.

Investment Thesis

Strong fundamentals in price/sales, price/book. Concerns around market cap and return on equity. Significant fundamental concerns warrant caution or avoidance.

FiscalNote Holdings Inc. (NOTE) Key Strengths (2)

Avg Score: 10.0/10
Price/SalesValuation
0.1210/10

Paying less than $1 for every $1 of annual revenue

Price/BookValuation
0.2010/10

Trading below book value, meaning the market prices it less than net assets

Supporting Valuation Data

Price/Sales (TTM)
0.123
Undervalued
EV/Revenue
1.441
Undervalued
NOTE Target Price
$7.67
535% Upside

FiscalNote Holdings Inc. (NOTE) Areas to Watch (6)

Avg Score: 1.5/10
Return on EquityProfitability
-64.10%0/10

Company is destroying shareholder value

Operating MarginProfitability
-27.90%0/10

Losing money on operations

Revenue GrowthGrowth
-24.70%0/10

Revenue declining -24.70%, a shrinking business

Profit MarginProfitability
-54.30%0/10

Company is losing money with a negative profit margin

Market CapQuality
$13M3/10

Micro-cap company with very limited liquidity and high volatility

Institutional Own.Quality
31.37%6/10

Moderate institutional interest at 31.37%

FiscalNote Holdings Inc. (NOTE) Detailed Analysis Report

Overall Assessment

This company scores 32/100 in our Smart Analysis, earning a F grade. Out of 8 metrics analyzed, 2 register as strengths (avg 10.0/10) while 6 fall into concern territory (avg 1.5/10). The category breakdown reveals uneven performance, with some areas requiring attention.

The Bull Case

The strongest argument centers on Price/Sales, Price/Book. Valuation metrics including Price/Sales (0.12), Price/Book (0.20) suggest the stock is attractively priced.

The Bear Case

The primary concerns are Return on Equity, Operating Margin, Revenue Growth. Growth concerns include Revenue Growth at -24.70%, which may limit upside. Profitability pressure is visible in Return on Equity at -64.10%, Operating Margin at -27.90%, Profit Margin at -54.30%.

Key Dynamics to Monitor

Three factors to monitor going forward. First, whether Return on Equity improves, as this is the primary drag on the overall score. Second, margin trajectory, with Return on Equity at -64.10% needing improvement to support the investment thesis. Third, growth sustainability, with Revenue Growth at -24.70% needing to reaccelerate.

Risk Considerations

Based on the metric profile, this is a higher risk investment. There are more areas of concern than strength, warranting a more conservative position size. Investors should size positions according to their risk tolerance and maintain diversification.

Bottom Line

Fundamental challenges outweigh strengths at current levels. Return on Equity and Operating Margin are the primary drags. Consider waiting for meaningful improvement before committing capital.

Disclaimer: Smart Analysis is a scoring system developed by WallStSmart Team. Scores update daily using multi-model valuation framework. Always conduct your own research and consult with financial advisors before making investment decisions.

NOTE Price-to-Sales(PS) Ratio Chart

Historical valuation based on market cap ÷ trailing 12-month revenue

NOTE's Price-to-Sales ratio of 0.12x trades at a deep discount to its historical average of 0.81x (11th percentile). The current valuation is 95% below its historical high of 2.38x set in Feb 2021, and 146% above its historical low of 0.05x in Aug 2025.

Compare NOTE with Competitors

Top INFORMATION TECHNOLOGY SERVICES stocks by market cap

Compare any two stocks →

WallStSmart Analysis Synopsis

Data-driven financial summary for FiscalNote Holdings Inc. (NOTE) · TECHNOLOGYINFORMATION TECHNOLOGY SERVICES

The Big Picture

FiscalNote Holdings Inc. is in a turnaround phase, with management focused on restoring profitability. Revenue reached 103M with 25% decline year-over-year. The company is currently unprofitable, posting a -54.3% profit margin.

Key Findings

Revenue Decline

Revenue contracted 25% YoY. Worth determining whether this is cyclical or structural.

Operating at a Loss

The company is unprofitable with a -54.3% profit margin. The path to breakeven will be the key catalyst.

What to Watch Next

Debt management: total debt of 155M is significantly higher than cash (27M). Monitor refinancing risk.

Sector dynamics: monitor INFORMATION TECHNOLOGY SERVICES industry trends, competitive moves, and regulatory changes that could impact FiscalNote Holdings Inc..

Bottom Line

FiscalNote Holdings Inc. is in turnaround mode. The path to profitability remains the critical question. Speculative investors may see opportunity in the recovery story, but conservative investors should wait for consistent positive earnings before committing capital.

This synopsis is generated from publicly available financial data. It is not financial advice. Always conduct your own research and consult a qualified financial advisor before making investment decisions.

Insider Transactions

Loading insider activity...

About FiscalNote Holdings Inc.(NOTE)

Exchange

NYSE

Sector

TECHNOLOGY

Industry

INFORMATION TECHNOLOGY SERVICE...

Country

USA

FiscalNote Holdings Inc. is an AI-powered enterprise SaaS company that delivers global legal and regulatory information and data. The company is headquartered in Washington, District of Columbia.

Visit FiscalNote Holdings Inc. (NOTE) Website
1201 PENNSYLVANIA AVENUE NW, WASHINGTON, DC, UNITED STATES, 20004