
NOTE Stock Forecast & Price Target
NOTE Analyst Ratings
Bulls say
FiscalNote Holdings Inc. demonstrates a positive outlook as operational changes have resulted in substantial performance improvements, highlighted by a 400 basis point increase in new logo win rates quarter-over-quarter and a 45% growth in the sales pipeline. Additionally, the company is experiencing a significant rise in annual contract values (ACVs) and multi-year deal signings, with the latter exceeding last year's pace by more than double. Despite some year-over-year revenue retention challenges, the reaffirmation of fiscal year guidance and indications of stabilizing core revenue trends contribute to a cautiously optimistic perspective regarding the company's evolving PolicyNote AI platform and ongoing efforts to deleverage.
Bears say
FiscalNote Holdings Inc has experienced a decline in retention rates, decreasing by 200 basis points to 96% compared to the previous quarter's 98%, which raises concerns about customer loyalty and long-term revenue stability. Despite the company's expectation for multi-year contracts signed in recent quarters to positively impact retention starting in 2026, current guidance for 3Q25 indicates flat performance with projected revenue of $22-23 million and an EBITDA of $2 million, reflecting stagnation in growth. The combination of declining retention, flat sequential revenue, and EBITDA guidance suggests potential challenges in sustaining momentum and attracting new business, contributing to a negative outlook on the stock.
This aggregate rating is based on analysts' research of FiscalNote Holdings Inc and is not a guaranteed prediction by Public.com or investment advice.
NOTE Analyst Forecast & Price Prediction
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