Should I Buy NOTE? NOTE 2026 Analysis

Should You Buy FiscalNote Holdings Inc (NOTE) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Hold

Latest Price

1.310

1 Day change

-6.43%

52 Week Range

24.360

Analysis Updated At

2026/01/26

FiscalNote Holdings Inc (NOTE) is not a strong buy at the moment for a beginner investor with a long-term strategy and $50,000-$100,000 available for investment. The stock exhibits weak financial performance, no significant positive catalysts, and lacks strong technical or sentiment indicators to suggest an immediate entry point. Holding or seeking better opportunities is recommended.

Technical Analysis

The MACD is positive but contracting, indicating weakening bullish momentum. RSI is neutral at 40.062, showing no clear overbought or oversold conditions. The stock is trading near its support level (S1: 1.493), with converging moving averages suggesting indecision in price direction. Overall, the technical indicators do not strongly support a buy signal.

Options Data

Bullish

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

The low Put-Call Ratios indicate a lack of bearish sentiment in the options market, but the low trading volume suggests limited interest or activity in the stock.

Technical Summary

Sell

Buy

Positive Catalysts

No significant positive catalysts identified. The AI Stock Picker and SwingMax signals are absent. Analysts maintain a Buy rating, but the price target was significantly lowered from $18 to $7.

Neutral/Negative Catalysts

Weak financial performance in Q3 2025, with revenue dropping 23.81% YoY and a net loss of $24.85M despite some improvement. No recent news or significant insider/hedge fund activity. The stock has a high probability of further decline in the short term (-4.09% in the next week, -5.63% in the next month).

Financial Performance

In Q3 2025, revenue dropped by 23.81% YoY to $22.43M. Net income improved but remains negative at -$24.85M, up 66.42% YoY. EPS improved to -1.73, up 30.08% YoY. Gross margin slightly declined to 70.23%, down 0.45% YoY. Overall, the financials show weak growth trends and ongoing losses.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

B. Riley analyst Zach Cummins maintains a Buy rating but significantly lowered the price target from $18 to $7, citing a reset valuation multiple. This reflects cautious optimism but highlights concerns about the company's valuation and growth prospects.

3 Analyst Rating

Wall Street analysts forecast NOTE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NOTE is 7.67 USD with a low forecast of 5 USD and a high forecast of 11 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

3 Buy

0 Hold

0 Sell

Strong Buy

Current: 1.400

Low

Averages

7.67

High

Current: 1.400

Low

Averages

7.67

High

B. Riley

Zach Cummins

Buy

downgrade

$18 -> $7

AI Analysis

2025-11-07

Reason

B. Riley

Zach Cummins

Price Target

$18 -> $7

AI Analysis

2025-11-07

downgrade

Buy

Reason

B. Riley analyst Zach Cummins lowered the firm's price target on FiscalNote to $7 from $18 and keeps a Buy rating on the shares. The firm cites a reset valuation multiple for target cut but views the company's Q3 report as solid.

D. Boral Capital

Jesse Sobelson

Strong Buy

Maintains

$3.75

2025-03-17

Reason

D. Boral Capital

Jesse Sobelson

Price Target

$3.75

2025-03-17

Maintains

Strong Buy

Reason

NOTE Should I Buy

NOTE Should I Buy

Should You Buy FiscalNote Holdings Inc (NOTE) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Options Data

Technical Summary

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

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