FiscalNote Holdings Inc’s (NYSE:NOTE) Forecasted Growth Is -199.15% Or More

In last trading session, FiscalNote Holdings Inc (NYSE:NOTE) saw 4.78 million shares changing hands with its beta currently measuring 0.36. Company’s recent per share price level of $1.17 trading at -$0.16 or -12.03% at ring of the bell on the day assigns it a market valuation of $169.29M. That closing price of NOTE’s stock is at a discount of -94.02% from its 52-week high price of $2.27 and is indicating a premium of 35.9% from its 52-week low price of $0.75. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 4.47 million shares which gives us an average trading volume of 1.53 million if we extend that period to 3-months.

For FiscalNote Holdings Inc (NOTE), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

FiscalNote Holdings Inc (NYSE:NOTE) trade information

Upright in the red during last session for losing -12.03%, in the last five days NOTE remained trading in the green while hitting it’s week-highest on Tuesday, 01/07/25 when the stock touched $1.17 price level, adding 23.03% to its value on the day. FiscalNote Holdings Inc’s shares saw a change of 9.35% in year-to-date performance and have moved 9.35% in past 5-day. FiscalNote Holdings Inc (NYSE:NOTE) showed a performance of 31.46% in past 30-days. Number of shares sold short was 7.64 million shares which calculate 8.02 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 7.25 to the stock, which implies a rise of 83.86% to its current value. Analysts have been projecting 3.5 as a low price target for the stock while placing it at a high target of 11. It follows that stock’s current price would drop -199.15% in reaching the projected high whereas dropping to the targeted low would mean a loss of -199.15% for stock’s current value.

FiscalNote Holdings Inc (NOTE) estimates and forecasts

Statistics highlight that FiscalNote Holdings Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -36.41% of value to its shares in past 6 months, showing an annual growth rate of 110.14% while that of industry is 15.70. Apart from that, the company came raising its revenue forecast for fiscal year 2025.

FiscalNote Holdings Inc (NYSE:NOTE)’s Major holders

Insiders are in possession of 12.50% of company’s total shares while institution are holding 42.16 percent of that, with stock having share float percentage of 48.19%. Investors also watch the number of corporate investors in a company very closely, which is 42.16% institutions for FiscalNote Holdings Inc that are currently holding shares of the company.