(NOTE) FiscalNote Holdings - Ratings and Ratios

FiscalNote Holdings, Inc. (NYSE:NOTE) is a leading technology company specializing in AI-driven platforms for public policy and issues management. Operating across North America, Europe, Australia, and Asia, the firm integrates artificial intelligence, machine learning, and advanced analytics to deliver actionable insights. Its product suite includes tools for workflow automation, advocacy campaigns, and constituent relationship management, catering to a diverse client base of Fortune 100 companies, government agencies, law firms, professional services organizations, trade groups, and non-profits. Founded in 2013 and headquartered in Washington, D.C., FiscalNote has established itself as a key player in the governance and compliance technology sector.

From a technical perspective, NOTE has shown volatility with an Average True Range (ATR) of 0.18, reflecting moderate price fluctuations. The stock is currently trading below its 20-day and 50-day Simple Moving Averages (SMA), which stand at 1.45 and 1.33, respectively, indicating bearish momentum in the near term. The 200-day SMA of 1.28 further suggests that the stock has been under pressure over the past year.

On the fundamental side, FiscalNotes market cap is approximately $179.42 million, with a price-to-sales (P/S) ratio of 1.43, indicating a reasonable valuation relative to its revenue. However, the companys return on equity (RoE) of -28.27% highlights ongoing profitability challenges. The lack of positive P/E and forward P/E ratios underscores the markets cautious stance on its earnings potential.

3-Month Forecast: - Technical Outlook: NOTE is likely to face resistance at the 50-day SMA level of 1.33, with potential downside risk to the 1.00 mark if bearish momentum persists. Average daily volume of 4.8 million shares suggests moderate liquidity, which could amplify price movements. - Fundamental Outlook: The companys ability to improve its RoE and demonstrate profitability will be critical for investor sentiment. Any positive developments in its product suite or market expansion could act as catalysts for upside. - Market Sentiment: The stock may remain under pressure in the near term due to its technical weakness and lack of earnings visibility. However, strategic initiatives or macroeconomic tailwinds could shift sentiment in the latter half of the forecast period.