FiscalNote (NYSE:NOTE) Given New $9.75 Price Target at LADENBURG THALM/SH SH

FiscalNote (NYSE:NOTE) had its price target cut by LADENBURG THALM/SH SH from $11.00 to $9.75 in a report published on Thursday morning,Benzinga reports. They currently have a buy rating on the stock.

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of FiscalNote in a report on Thursday, January 22nd. Two equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $27.38.

FiscalNote Stock Down 58.6%

Shares of NYSE:NOTE opened at $0.22 on Thursday. The company has a quick ratio of 1.01, a current ratio of 1.03 and a debt-to-equity ratio of 2.03. The company has a market capitalization of $3.46 million, a P/E ratio of -0.05 and a beta of 0.62. FiscalNote has a 52-week low of $0.11 and a 52-week high of $11.04. The stock’s fifty day simple moving average is $1.11 and its 200-day simple moving average is $2.44.

FiscalNote (NYSE:NOTE) last posted its quarterly earnings data on Thursday, March 19th. The company reported ($0.66) EPS for the quarter, topping analysts’ consensus estimates of ($0.67) by $0.01. FiscalNote had a negative return on equity of 80.70% and a negative net margin of 68.39%.The firm had revenue of $22.20 million during the quarter, compared to analysts’ expectations of $22.40 million. As a group, equities research analysts forecast that FiscalNote will post -0.43 earnings per share for the current fiscal year.

Hedge Funds Weigh In On FiscalNote

Several large investors have recently added to or reduced their stakes in the business. Bank of America Corp DE boosted its stake in FiscalNote by 51.5% in the 4th quarter. Bank of America Corp DE now owns 49,042 shares of the company’s stock worth $52,000 after buying an additional 16,675 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in shares of FiscalNote by 8.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 475,798 shares of the company’s stock valued at $384,000 after acquiring an additional 35,984 shares during the last quarter. Focus Partners Wealth increased its stake in shares of FiscalNote by 830.9% during the 1st quarter. Focus Partners Wealth now owns 800,033 shares of the company’s stock valued at $647,000 after acquiring an additional 714,091 shares during the last quarter. Marshall Wace LLP purchased a new position in shares of FiscalNote during the 2nd quarter worth about $232,000. Finally, NewEdge Advisors LLC lifted its holdings in shares of FiscalNote by 617.6% during the 2nd quarter. NewEdge Advisors LLC now owns 268,094 shares of the company’s stock worth $144,000 after acquiring an additional 230,733 shares during the period. 54.31% of the stock is currently owned by hedge funds and other institutional investors.

More FiscalNote News

Here are the key news stories impacting FiscalNote this week:

• Positive Sentiment: FiscalNote launched PolicyNote MCP in the OpenAI App Store, which expands distribution of its policy-intelligence product and could help long-term user/revenue growth if adoption follows. FiscalNote Launches PolicyNote MCP in the OpenAI App Store
• Neutral Sentiment: Analyst Ladenburg Thalmann/SH cut its price target from $11.00 to $9.75 but kept a “buy” rating — a bullish stance in isolation but the lowered target signals reduced expectations versus prior coverage. Benzinga
• Negative Sentiment: NYSE announced it will commence delisting proceedings against FiscalNote (NOTE and NOTE.WS) and suspended trading in the securities — this regulatory action is the primary driver of the sharp share-price decline and liquidity squeeze. NYSE to Commence Delisting Proceedings
• Negative Sentiment: FiscalNote issued a notice about the NYSE delisting and said it will pursue the appeal process — while the appeal gives a procedural path, delisting risk remains the dominant near-term catalyst for continued selling pressure. FiscalNote Holdings Announces NYSE Notice of Delisting
• Negative Sentiment: Multiple media outlets report FiscalNote has been delisted/booted after a market-cap collapse — headlines highlight “delisted” and “booted,” which amplifies negative sentiment and may deter buyers. FiscalNote delisted from New York Stock Exchange after stock price collapses FiscalNote Delisted: A SaaSpocalypse Casualty FiscalNote Gets Booted from Nasdaq After Market Cap Collapse
• Negative Sentiment: Trading in NOTE experienced multiple temporary halts (cited as “Regulatory Concern” and “News Released”), and the NYSE suspension followed — these halts reduce liquidity and increase execution risk for holders and potential buyers.

FiscalNote Company Profile

FiscalNote is a technology and data services company specializing in government and regulatory intelligence. Founded in 2013 by Timothy Hwang, Gerald Yao and Jonathan Chen, the company is headquartered in Washington, DC, with additional offices in New York, Brussels, London, Singapore and Hong Kong. FiscalNote went public in March 2021 through a special-purpose acquisition company (SPAC) merger and is listed on the New York Stock Exchange under the ticker NOTE.

The company’s flagship software-as-a-service platform aggregates legislative and regulatory data from jurisdictions around the world, combining that information with AI-driven analytics and expert commentary.