Fermi Inc. (ETR:H3V)
| Market Cap | 3.25B |
| Revenue (ttm) | n/a |
| Net Income | -645.88M |
| EPS | -1.09 |
| Shares Out | n/a |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 100 |
| Open | 5.20 |
| Previous Close | 4.92 |
| Day's Range | 5.15 - 5.20 |
| 52-Week Range | 4.74 - 8.70 |
| Beta | n/a |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Aug 13, 2026 |
About Fermi
Fermi Inc. develops next-generation private electric grids that deliver highly redundant power at gigawatt scale to support next-generation intelligence and AI compute. The company combines cutting-edge technology with a deep bench of proven world-class multidisciplinary leaders with a combined 25 GW of experience to create one of the world's largest 17 GW next-generation private grids, helping ensure America's energy and AI dominance. The behind-the-meter Project Matador campus is expected to integrate the nation's largest combined-cycle natur... [Read more]
News
Rick Perry's Fermi Finally Finds a Customer for Its Giant Texas AI Power Bet
The startup, which went public in a splashy IPO last year, also named a new CEO following months of legal and C-suite turmoil.
Fermi Earnings Call Transcript: Q2 2026
Delivered on all 90-day objectives, including a $6.5B, 15-year anchor agreement with TensorWave and a strategic alliance doubling power capacity to 4.8 GW. Strengthened liquidity with a $431M convertible note, secured key equipment, and positioned for further customer growth.
Fermi Slides: Q2 2026
Fermi has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 13, 2026.
Fermi Earnings release: Q2 2026
Fermi released its Q2 2026 earnings on August 13, 2026, summarizing the period's financial results.
Fermi Quarterly report: Q2 2026
Fermi has published its Q2 2026 quarterly earnings report on August 13, 2026.
Fermi Stock Rises on Earnings. The Big Stock Move Already Happened This Week.
Fermi posts a net loss of 4 cents a share in the second quarter, wider than a year ago. The stock has risen this week following a big announcement Monday.
Fermi Announces Second Quarter 2026 Results and Delivers on All Five 90-Day Objectives
Company Signed Its First Anchor Customer, Named a CEO, Added a Strategic Alliance and Premier Contractors, Received Three F-Series Turbines and Raised More Than $431 Million of Shareholder-Friendly Ca...
AI nuclear power firm Fermi finally has a new CEO
Fermi, the AI nuclear power firm, has named a new CEO more than three months after firing co-founder Toby Neugebauer from the top executive post.
Fermi Names Lee McIntire as Chief Executive Officer
Engineering executive with more than 40 years of experience building and operating complex global industrial and governmental projects at Bechtel, CH2M Hill, and TerraPower DALLAS, TX / ACCESS Newswir...
Fermi and Hillcore Energy Capital Announce 2.6 Gigawatt Power Strategic Alliance for Project Matador
Doubles Fermi power to market to 4.8 gigawatts (GW) over the next ~30 months Build-Own-Operate-Transfer structure accelerates one of America's largest AI campus power programs - with no capital outlay...
Fermi stock jumps 23% on $6.5B TensorWave AI data center lease deal
Shares of Fermi surged in trading on Tuesday after the data center developer announced it had secured its first major tenant for its Project Matador campus in Amarillo, Texas. The stock FRMI climbed 2...
Fermi Finally Gets an AI Tenant for Its Data-Center Site and the Stock Is Soaring
Fermi announces a $6.5 billion lease contract with AI cloud provider TensorWave.
Fermi Announces Binding Lease Agreement with TensorWave
Intends to grow the partnership to more than 650 megawatts (MW) over three phases First phase to deliver a complete turnkey data center solution with 222 MW beginning in the second half of 2027, repre...
Fermi Inc. Admission of shares of Common Stock and Total Voting Rights
DALLAS, July 23, 2026 /PRNewswire/ -- Fermi Inc. (NASDAQ and LSE: FRMI) (LEI: 529900TSHBYBCFMYZ228), ("Fermi" or the "Company"), the Texas-based company focused on developing electric grids that deliv...
Fermi Announces First Siemens Turbines Arrive at Port of Houston
Arrival marks an important milestone in the development of Fermi's Project Matador SGT6-5000F natural gas turbines will anchor what is expected to be the nation's largest combined-cycle natural gas pr...
Fermi Announces Second Quarter 2026 Earnings Release and Call Date
Fermi to host earnings call on August 13, 2026 DALLAS, TX / ACCESS Newswire / July 20, 2026 / Fermi Inc. (NASDAQ:FRMI)(LSE:FRMI), operating as Fermi America™ ("Fermi" or the "Company"), announced toda...
Fermi Outlines Strategic Rationale for Upsized $431 Million Convertible Notes Offering
Flexible convertible structure with shareholder-friendly capped call minimizes dilution Proceeds strengthen liquidity in midst of customer and partner negotiations and preserve Fermi's speed-to-power ...
Neugebauer Addresses $375mm Convertible Note Offering that Resulted in Former Fermi CFO Miles Everson's Resignation from Fermi Board; Reaffirms Confidence in Company Securing Its Tenant
As the former CFO of Fermi and the principal author of the Committee of Sponsoring Organizations Internal Control—Integrated Framework, Everson's departure from Fermi's board is disheartening for all ...
Fermi Inc. Prices Upsized Offering of $375 Million of Convertible Senior Notes - Dilution Offset Until $14.64 per Share
DALLAS, TX / ACCESS Newswire / July 9, 2026 / Fermi Inc. (NASDAQ:FRMI)(LSE:FRMI), operating as Fermi America™ ("Fermi" or the "Company") today announced the upsized pricing of 5.00% convertible senior...
Fermi Inc. Announces Proposed Offering of $350 Million of Convertible Senior Notes with Capped Call Anti-Dilution Protection
DALLAS, TX / ACCESS Newswire / July 9, 2026 / Fermi Inc. (NASDAQ:FRMI)(LSE:FRMI), operating as Fermi America™ ("Fermi" or the "Company") today announced its intention to offer, subject to market condi...
Fermi Slides: Investor presentation
Fermi has posted slides in relation to its latest quarterly earnings report, which was published on July 9, 2026.
Fermi Shareholders Send Clear Message They Do Not Support Former CEO's Special Meeting Proposal: Company Presses Ahead Executing Strategic Plan Without Distraction
Leading Proxy Advisory Firm ISS Recommended Shareholders Do Not Deliver Consent One Day Prior to Former CEO Suspending Campaign Fermi's Top Strategic Priorities to Drive Shareholder Value are On Track...
Fermi CEO Neugebauer suspends proxy campaign after judge's recusal
Toby Neugebauer, the co-founder and largest shareholder of energy and data center development company Fermi , said on Friday he has suspended his proxy campaign to call a special meeting after a Tex...
Neugebauer Suspends Current Proxy Campaign While Leading with About 70% of Votes Recorded, Following Judge's Inexplicable Last-minute Recusal That Throws off Timeline for Strategic Process; Reaffirms Confidence in Fermi's Future
More than 70% of votes cast to date have been in favor of calling a special meeting, underscoring shareholders' demand for a special meeting to determine Fermi's future After Fermi's top two law firms...
Neugebauer Asks: What Is the Fermi Board Afraid to Say Under Oath? As Company Dismisses Litigation Prior to Discovery
Just days after the Texas Business Court ordered Fermi to produce documents and testimony explaining the rationale for its 70% supermajority bylaw, the Company filed a notice of non-suit dismissing it...