Fermi Inc. (LON:FRMI)

London flag London · Delayed Price · Currency is GBP · Price in USD
7.16
+0.39 (5.76%)
At close: Jun 12, 2026
Market Cap3.39B
Revenue (ttm)n/a
Net Income-544.03M
EPS-0.90
Shares Out n/a
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume148,670
Open6.95
Previous Close6.77
Day's Range6.56 - 7.39
52-Week Range4.48 - 39.00
Betan/a
Analystsn/a
Price Targetn/a
Earnings DateAug 14, 2026

About Fermi

Fermi Inc. engages in the development of private power campus for AI-centric customers in the United States. The company also develops, owns, and leases grid-independent energy generation and high-performance computing campuses; develops and operates integrated power generation and computing infrastructure. It also engages in acquisition of land, permitting, construction, and long-term leases. The company was founded and incorporated on January 10th, 2025 is headquartered in Amarillo, Texas, USA. [Read more]

Industry Real Estate Investment Trusts
Founded 2025
Employees 35
Stock Exchange London Stock Exchange
Ticker Symbol FRMI

Financial Performance

Financial numbers in USD Financial Statements

News

Fermi Proxy statement: Proxy filing

Fermi filed a proxy statement on June 12, 2026, providing details for shareholder voting and corporate governance matters.

1 day ago - Filings

Fermi Stock (FRMI) Soars on Strong AI Data Center Hopes

Fermi stock was up on Wednesday alongside positive comments concerning the company’s AI data center plans.

3 days ago - TipRanks

Fermi jumps with OpenAI reportedly in talks for Ohio data center

Shares of Fermi (FRMI) are up sharply on Wednesday after a new report on OpenAI’s data center plans sparked optimism about large scale power ready campuses and accelerated leasing timelines.

3 days ago - TheFly

OpenAI Ohio lease talks positive for Fermi, says Citizens

Citizens views The Information’s report that OpenAI is in talks talks to lease a 10-gigawatt data center in Ohio through funding provided by Nvidia (NVDA) bodes well for Fermi (FRMI).

3 days ago - TheFly

Fermi jumps 14% after Citizens comments on OpenAI Ohio talks

The stock in midday trading is up 78c to $6.40.

3 days ago - TheFly

Fermi Proxy statement: Proxy filing

Fermi filed a proxy statement on June 10, 2026, providing details for shareholder voting and corporate governance matters.

3 days ago - Filings

Fermi Proxy statement: Proxy filing

Fermi filed a proxy statement on June 3, 2026, providing details for shareholder voting and corporate governance matters.

10 days ago - Filings

Fermi Transcript: Investor update

A special shareholder meeting is being called to elect a new board and launch a dual-track process to maximize value, addressing governance concerns and market risks. Project Matador's unique assets and execution attract strong buyer interest, with a focus on speed and shareholder democracy.

22 days ago - Transcripts

Fermi files preliminary consent revocation statement

Fermi (FRMI) filed a preliminary Consent Revocation Statement with the SEC on May 15. The Revocation Statement responds to former CEO Toby Neugebauer’s preliminary consent solicitation, in which Neuge...

26 days ago - TheFly

Fermi Files Preliminary Consent Revocation Statement

Board is Committed to Acting in the Best Interests of Fermi Shareholders and Cites Strong Momentum Behind Fermi 2.0 DALLAS, May 18, 2026 /PRNewswire/ -- Fermi Inc. (NASDAQ: FRMI) (LSE: FRMI), operatin...

26 days ago - PRNewsWire

Fermi Proxy statement: Proxy filing

Fermi filed a proxy statement on May 18, 2026, providing details for shareholder voting and corporate governance matters.

26 days ago - Filings

Fermi Proxy statement: Proxy filing

Fermi filed a proxy statement on May 15, 2026, providing details for shareholder voting and corporate governance matters.

4 weeks ago - Filings

Fermi downgraded to In Line from Outperform at Evercore ISI

Evercore ISI analyst Nicholas Amicucci downgraded Fermi (FRMI) to In Line from Outperform with a price target of $11, down from $20. The analyst says the downgrade is “not a…

4 weeks ago - TheFly

Fermi Board Amends Bylaws to Protect Interests of Shareholders

DALLAS, May 14, 2026 /PRNewswire/ -- Fermi Inc. (NASDAQ: FRMI) (LSE: FRMI), operating as Fermi America™ ("Fermi" or the "Company"), today announced that its Board of Directors (the "Board") has approv...

4 weeks ago - PRNewsWire

Fermi rises 25.0%

Fermi (FRMI) is up 25.0%, or $1.50 to $7.50.

4 weeks ago - TheFly

Fermi Earnings Call Transcript: Q1 2026

Leadership overhaul and Fermi 2.0 strategy aim to institutionalize operations and secure binding tenant agreements within 90 days. Project Matador advanced with $1.4B invested, strong liquidity, and regulatory milestones achieved, positioning the company to meet surging AI-driven power demand.

4 weeks ago - Transcripts

Fermi Earnings release: Q1 2026

Fermi released its Q1 2026 earnings on May 14, 2026, summarizing the period's financial results.

4 weeks ago - Filings

Fermi Slides: Q1 2026

Fermi has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 14, 2026.

4 weeks ago - Filings

Fermi Quarterly report: Q1 2026

Fermi has published its Q1 2026 quarterly earnings report on May 14, 2026.

4 weeks ago - Filings

Fermi reports Q1 EPS (30c), consensus (5c)

“Fermi (FRMI) America is at a meaningful inflection point in its development,” said Marius Haas, Chairman. “Fermi 2.0 is about pairing the tangible asset base we’ve already constructed with the…

4 weeks ago - TheFly

Fermi Inc. Outlines Fermi 2.0 Strategic Evolution and Reports First Quarter 2026 Financial Results

Secures over 2 GW of power generation; advances ~11 GW of permitted capacity; closes ~$785 million in new equipment financing; strengthens governance; and accelerates commercial engagement DALLAS, May...

4 weeks ago - PRNewsWire

Toby Neugebauer and His Family Believe Generosity is the Solution to Meet 5/50 REIT Compliance, Should Company Choose to Unnecessarily Elect REIT Status for 2025 and/or 2026

DALLAS, May 12, 2026 /PRNewswire/ -- Toby Neugebauer, Co-Founder and largest shareholder of Fermi Inc. (d/b/a Fermi America) (Nasdaq: FRMI) ("Fermi" or the "Company"), today responded to the Company t...

4 weeks ago - PRNewsWire

Fermi Board Announces Actions to Confirm No Special Meeting of Shareholders Has Been Called

Former CEO Toby Neugebauer is Attempting to Fill the Board with His Acolytes to  Force a Sale of the Company at a Depressed Valuation – Fermi's Stock Declined More than 80% During Neugebauer's Tenure ...

4 weeks ago - PRNewsWire

Caddis Capital backs Fermi’s board, management, long-term strategic plan

Caddis Capital, the second-largest shareholder in Fermi (FRMI) and owner of roughly 9.3% of the company’s outstanding shares, issued the following statement reaffirming the firm’s support for Fermi’s ...

4 weeks ago - TheFly

Caddis Capital Fully Backs Fermi's Board, Management, and Long-Term Strategic Plan

DALLAS--(BUSINESS WIRE)--Caddis Capital, LLC (“Caddis Capital,” the “firm,” “our,” or “we”) is the second-largest shareholder in Fermi Inc. (“Fermi” or the “Company”) (NASDAQ: FRMI) (LSE: FRMI), ownin...

4 weeks ago - Business Wire