D. Boral Capital raises FiscalNote Holdings PT to $3.75 from $3.75.
FiscalNote Holdings, Inc. (NOTE) reported its quarterly earnings for the period ended June 2025, showing a loss of $0.08 per share, which surpassed the Zacks Consensus Estimate of $0.09 per share [1]. This marks a significant improvement from the previous quarter, where the company reported a loss of $0.12 per share, a 20% surprise [1].
Revenue for the quarter stood at $23.26 million, surpassing the Zacks Consensus Estimate by 1.93% [1]. This quarter's performance indicates a positive trend, as the company has beaten revenue estimates four times over the last four quarters [1].
D. Boral Capital recently raised its price target for FiscalNote Holdings, Inc. to $3.75 from $3.75 [2]. This move reflects the analyst's bullish outlook on the company's future prospects, despite the current market underperformance. The stock has lost approximately 39.6% year-to-date compared to the S&P 500's gain of 7.9% [1].
The Zacks Rank for FiscalNote Holdings, Inc. stands at #3 (Hold) after the earnings release, indicating a neutral outlook for the near future [1]. The Zacks Rank considers the magnitude and direction of earnings estimate revisions, which have shown mixed trends ahead of the earnings release [1].
Investors should closely monitor the earnings outlook for FiscalNote Holdings, Inc., as the near-term stock movement is correlated with trends in earnings estimate revisions [1]. The current consensus EPS estimate for the coming quarter is -$0.08 on $22.88 million in revenues, and for the current fiscal year, it is -$0.22 on $96.8 million in revenues [1].
Knightscope, Inc. (KSCP), another company in the Technology Services industry, is expected to report a quarterly loss of $1.09 per share for the quarter ended June 2025 [1]. This represents a year-over-year change of +56.4%, with revenues expected to be $2.82 million, down 11.9% from the year-ago quarter [1].
In conclusion, FiscalNote Holdings, Inc. reported a better-than-expected quarter, with improved earnings and revenue performance. The analyst's price target raise by D. Boral Capital reflects a positive outlook on the company's future prospects. However, the stock's performance year-to-date has been lackluster compared to the broader market. Investors should keep an eye on the earnings outlook and estimate revisions for near-term stock movement trends.
References:
[1] https://finance.yahoo.com/news/fiscalnote-holdings-inc-note-reports-233502184.html
[2] https://www.dboralcaptial.com/press-releases/
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