FiscalNote (NOTE) Stock Forecast, Price Target & Predictions
NOTE Stock Forecast
FiscalNote stock forecast is as follows: an average price target of $7.25 (represents a 470.87% upside from NOTE’s last price of $1.27) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
NOTE Price Target
The average price target for FiscalNote (NOTE) is $7.25 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $11.00 to $3.50. This represents a potential 470.87% upside from NOTE's last price of $1.27.
NOTE Analyst Ratings
According to 2 Wall Street analysts, FiscalNote's rating consensus is 'Buy'. The analyst rating breakdown for NOTE stock is 0 'Strong Buy' (0.00%), 2 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
FiscalNote Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| May 10, 2024 | Tim Moore | EF Hutton | $3.50 | $1.36 | 157.35% | 175.59% |
| Mar 13, 2024 | Michael Albanese | EF Hutton | $5.00 | $1.68 | 197.62% | 293.70% |
| Nov 15, 2022 | - | BTIG | $11.00 | $6.06 | 81.52% | 766.14% |
The latest FiscalNote stock forecast, released on May 10, 2024 by Tim Moore from EF Hutton, set a price target of $3.50, which represents a 157.35% increase from the stock price at the time of the forecast ($1.36), and a 175.59% increase from NOTE last price ($1.27).
FiscalNote Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $4.25 |
| Last Closing Price | $1.27 | $1.27 | $1.27 |
| Upside/Downside | -100.00% | -100.00% | 234.65% |
In the current month, the average price target of FiscalNote stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to FiscalNote's last price of $1.27. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| May 10, 2024 | B. Riley Securities | Underperform | Underperform | Hold |
| May 10, 2024 | EF Hutton | Buy | Buy | Hold |
| Apr 04, 2024 | EF Hutton | Buy | Buy | Hold |
| Mar 14, 2024 | B. Riley Securities | Underperform | Underperform | Hold |
| Mar 14, 2024 | EF Hutton | Buy | Buy | Hold |
| Nov 15, 2023 | EF Hutton | Buy | Buy | Hold |
| Nov 15, 2022 | BTIG | Buy | Buy | Hold |
FiscalNote's last stock rating was published by B. Riley Securities on May 10, 2024. The company gave NOTE a "Underperform" rating, the same as its previous rate.
FiscalNote Financial Forecast
FiscalNote Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $34.27M | $34.01M | $32.84M | $31.53M | $31.45M | $29.07M | - |
| Avg Forecast | $34.94M | $33.19M | $32.20M | $31.54M | $30.64M | $29.01M | $29.12M | $31.10M | $34.53M | $34.61M | $33.09M | $31.37M | $31.49M | $32.56M | $29.14M |
| High Forecast | $34.96M | $33.21M | $32.22M | $31.56M | $30.66M | $29.03M | $29.14M | $31.12M | $34.76M | $34.63M | $33.11M | $31.39M | $31.51M | $32.58M | $29.14M |
| Low Forecast | $34.90M | $33.16M | $32.16M | $31.51M | $30.60M | $28.98M | $29.09M | $31.06M | $34.40M | $34.58M | $33.05M | $31.34M | $31.46M | $32.53M | $29.14M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | 0.99% | 0.98% | 0.99% | 1.01% | 1.00% | 0.89% | - |
FiscalNote's average Quarter revenue forecast for Mar 24 based on 2 analysts is $31.10M, with a low forecast of $31.06M, and a high forecast of $31.12M. NOTE's average Quarter revenue forecast represents a -9.25% decrease compared to the company's last Quarter revenue of $34.27M (Dec 23).
FiscalNote EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | $-6.96M | $-13.46M | $-16.98M | $-14.25M | $-15.64M | $-41.18M | - |
| Avg Forecast | $-12.48M | $-11.85M | $-11.50M | $-11.26M | $-10.94M | $-10.36M | $-10.40M | $-11.10M | $-12.33M | $-12.36M | $-11.82M | $-11.20M | $-11.24M | $-11.63M | $-10.40M |
| High Forecast | $-12.46M | $-11.84M | $-11.49M | $-11.25M | $-10.93M | $-10.35M | $-10.39M | $-11.09M | $-12.29M | $-12.35M | $-11.80M | $-11.19M | $-11.23M | $-11.62M | $-10.40M |
| Low Forecast | $-12.49M | $-11.86M | $-11.51M | $-11.27M | $-10.95M | $-10.37M | $-10.41M | $-11.11M | $-12.41M | $-12.37M | $-11.82M | $-11.21M | $-11.25M | $-11.64M | $-10.40M |
| Surprise % | - | - | - | - | - | - | - | - | 0.56% | 1.09% | 1.44% | 1.27% | 1.39% | 3.54% | - |
undefined analysts predict NOTE's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than FiscalNote's previous annual EBITDA (undefined) of $NaN.
FiscalNote Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | $-50.75M | $-14.47M | $-30.97M | $-19.27M | $-42.54M | $-109.00M | - |
| Avg Forecast | $-5.82M | $-6.27M | $-7.17M | $-7.17M | $-9.41M | $-9.74M | $-9.81M | $-9.18M | $-14.53M | $-16.40M | $-14.75M | $-16.13M | $-12.10M | $-13.89M | $-48.92M |
| High Forecast | $-5.82M | $-6.26M | $-7.16M | $-7.16M | $-9.40M | $-9.73M | $-9.80M | $-9.17M | $-12.60M | $-16.38M | $-14.73M | $-16.11M | $-12.08M | $-13.87M | $-48.92M |
| Low Forecast | $-5.83M | $-6.28M | $-7.17M | $-7.17M | $-9.42M | $-9.75M | $-9.82M | $-9.19M | $-15.50M | $-16.41M | $-14.76M | $-16.14M | $-12.11M | $-13.90M | $-48.92M |
| Surprise % | - | - | - | - | - | - | - | - | 3.49% | 0.88% | 2.10% | 1.19% | 3.52% | 7.85% | - |
FiscalNote's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. NOTE's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).
FiscalNote SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | $31.57M | $25.65M | $27.86M | $30.52M | $29.22M | $54.99M | - |
| Avg Forecast | $33.16M | $31.50M | $30.56M | $29.93M | $29.08M | $27.53M | $27.64M | $29.51M | $32.77M | $32.85M | $31.40M | $29.77M | $29.89M | $30.90M | $27.65M |
| High Forecast | $33.18M | $31.52M | $30.58M | $29.96M | $29.10M | $27.55M | $27.65M | $29.53M | $32.99M | $32.87M | $31.42M | $29.80M | $29.91M | $30.92M | $27.65M |
| Low Forecast | $33.13M | $31.47M | $30.53M | $29.90M | $29.05M | $27.50M | $27.61M | $29.48M | $32.65M | $32.82M | $31.37M | $29.74M | $29.85M | $30.87M | $27.65M |
| Surprise % | - | - | - | - | - | - | - | - | 0.96% | 0.78% | 0.89% | 1.02% | 0.98% | 1.78% | - |
FiscalNote's average Quarter SG&A projection for Mar 24 is $29.51M, based on 2 Wall Street analysts, with a range of $29.48M to $29.53M. The forecast indicates a -6.53% fall compared to NOTE last annual SG&A of $31.57M (Dec 23).
FiscalNote EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | $-0.39 | $-0.11 | $-0.23 | $-0.14 | $-0.32 | $-1.13 | - |
| Avg Forecast | $-0.04 | $-0.05 | $-0.05 | $-0.05 | $-0.07 | $-0.07 | $-0.07 | $-0.07 | $-0.11 | $-0.12 | $-0.11 | $-0.12 | $-0.09 | $-0.10 | $-0.34 |
| High Forecast | $-0.04 | $-0.05 | $-0.05 | $-0.05 | $-0.07 | $-0.07 | $-0.07 | $-0.07 | $-0.09 | $-0.12 | $-0.11 | $-0.12 | $-0.09 | $-0.10 | $-0.34 |
| Low Forecast | $-0.04 | $-0.05 | $-0.05 | $-0.05 | $-0.07 | $-0.07 | $-0.07 | $-0.07 | $-0.12 | $-0.12 | $-0.11 | $-0.12 | $-0.09 | $-0.10 | $-0.34 |
| Surprise % | - | - | - | - | - | - | - | - | 3.61% | 0.90% | 2.10% | 1.17% | 3.56% | 10.94% | - |
According to undefined Wall Street analysts, FiscalNote's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to NOTE previous annual EPS of $NaN (undefined).
FiscalNote Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CYXT | Cyxtera | $0.07 | $6.35 | 8971.43% | Buy |
| NOTE | FiscalNote | $1.27 | $7.25 | 470.87% | Buy |
| ALYA | Alithya Group | $1.13 | $3.50 | 209.73% | Hold |
| CTLP | Cantaloupe | $6.32 | $11.00 | 74.05% | Buy |
| GDYN | Grid Dynamics | $13.90 | $13.00 | -6.47% | Buy |
| IBM | International Business Machines | $214.79 | $183.19 | -14.71% | Buy |
| SASI | NextTrip | $4.15 | $2.00 | -51.81% | - |
NOTE Forecast FAQ
Is FiscalNote a good buy?
Yes, according to 2 Wall Street analysts, FiscalNote (NOTE) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 100.00% of NOTE's total ratings.
What is NOTE's price target?
FiscalNote (NOTE) average price target is $7.25 with a range of $3.5 to $11, implying a 470.87% from its last price of $1.27. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will FiscalNote stock go up soon?
According to Wall Street analysts' prediction for NOTE stock, the company can go up by 470.87% (from the last price of $1.27 to the average price target of $7.25), up by 766.14% based on the highest stock price target, and up by 175.59% based on the lowest stock price target.
Can FiscalNote stock reach $2?
NOTE's average twelve months analyst stock price target of $7.25 supports the claim that FiscalNote can reach $2 in the near future.
What are FiscalNote's analysts' financial forecasts?
FiscalNote's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $119.86M (high $119.94M, low $119.73M), average EBITDA is $-42.801M (high $-42.757M, low $-42.831M), average net income is $-38.149M (high $-38.098M, low $-38.183M), average SG&A $113.76M (high $113.83M, low $113.64M), and average EPS is $-0.284 (high $-0.283, low $-0.284). NOTE's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $131.87M (high $131.96M, low $131.73M), average EBITDA is $-47.09M (high $-47.042M, low $-47.123M), average net income is $-26.433M (high $-26.398M, low $-26.457M), average SG&A $125.16M (high $125.24M, low $125.03M), and average EPS is $-0.197 (high $-0.196, low $-0.197).
Did the NOTE's actual financial results beat the analysts' financial forecasts?
Based on FiscalNote's last annual report (Dec 2023), the company's revenue was $132.64M, which missed the average analysts forecast of $133.6M by -0.72%. Apple's EBITDA was $-37.725M, missing the average prediction of $-47.709M by -20.93%. The company's net income was $-115M, beating the average estimation of $-61.807M by 86.81%. Apple's SG&A was $129.14M, beating the average forecast of $126.8M by 1.85%. Lastly, the company's EPS was $-0.88, beating the average prediction of $-0.46 by 91.37%. In terms of the last quarterly report (Dec 2023), FiscalNote's revenue was $34.26M, missing the average analysts' forecast of $34.53M by -0.77%. The company's EBITDA was $-6.963M, missing the average prediction of $-12.331M by -43.53%. FiscalNote's net income was $-50.748M, beating the average estimation of $-14.533M by 249.18%. The company's SG&A was $31.57M, missing the average forecast of $32.77M by -3.67%. Lastly, the company's EPS was $-0.39, beating the average prediction of $-0.108 by 260.68%