Fermi Inc. (LON:FRMI)

London flag London · Delayed Price · Currency is GBP · Price in USD
5.67
+0.29 (5.39%)
At close: May 13, 2026
Market Cap2.55B
Revenue (ttm)n/a
Net Income-393.61M
EPS-0.84
Shares Outn/a
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume11,893
Average Volume120,755
Open5.48
Previous Close5.38
Day's Range5.43 - 5.75
52-Week Range4.48 - 39.00
Betan/a
RSI50.94
Earnings DateMay 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 in 2025 and is headquartered in Amarillo, Texas. [Read more]

Founded 2025
Employees 35
Stock Exchange London Stock Exchange
Ticker Symbol FRMI

Financial Performance

Financial numbers in USD Financial Statements

News

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...

1 day 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 ...

2 days 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 ...

2 days 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...

2 days ago - Business Wire

Fermi America™ Announces First Quarter 2026 Earnings Release and Call Date

DALLAS, May 8, 2026 /PRNewswire/ -- Fermi Inc. (d/b/a Fermi America) (NASDAQ: FRMI) (LSE: FRMI), operating as Fermi America™ ("Fermi" or the "Company"), announced today that it plans to release first ...

5 days ago - PRNewsWire

Mixed options sentiment in Fermi Inc. Common Stock with shares down 5.58%

Mixed options sentiment in Fermi Inc. Common Stock (FRMI), with shares down 31c near $5.25. Options volume relatively light with 6331 contracts traded and calls leading puts for a put/call…

6 days ago - TheFly

Fermi Responds to Former CEO's Attempts to Take Control of Board and Reverse Board Actions Taken in Accordance with Their Fiduciary Duties to Remove Him as CEO and Terminate Him for Cause

Fermi Rejects Mr. Neugebauer's Self-Interested Attempt to Call Special Shareholder Meeting as Invalid and Urges Shareholders Not to Respond to His Consent Solicitation Company Has Received Significant...

8 days ago - PRNewsWire

Fermi Appoints Larry Kellerman to Board of Directors

DALLAS, May 5, 2026 /PRNewswire/ -- Fermi Inc. (d/b/a Fermi America) (NASDAQ: FRMI) (LSE: FRMI), a pioneering developer of next-generation private electric grids for artificial intelligence, today ann...

8 days ago - PRNewsWire

Fermi Stock Slides as Ex-CEO Calls a Special Meeting. Will Shareholders Vote to Sell?

Recently ousted CEO Toby Neugebauer is calling for a shareholder vote at Fermi, though its unclear if the meeting will take place.

8 days ago - Barrons

Toby Neugebauer Calls a Special Meeting to Unlock Maximum Value for Fermi Shareholders

Special Meeting Will Provide Shareholders First Opportunity Since IPO to Vote on Future of Fermi Fermi Has Thus Far Not Run a Comprehensive and Credible Strategic Process to Reach the Full Range of Po...

8 days ago - PRNewsWire

Fermi downgraded to Neutral from Buy at UBS

UBS downgraded Fermi (FRMI) to Neutral from Buy with a price target of $6, down from $8. The firm cites the company’s management transition and a lack of clarity around…

8 days ago - TheFly

Neugebauer nominates Kellerman to Fermi’s board of directors

Toby Neugebauer, co-founder and largest shareholder of Fermi (FRMI) America, announced that he has nominated Larry Kellerman to join the Fermi Board of Directors. Kellerman, who serves as Chief Power…

10 days ago - TheFly

Larry Kellerman, Fermi's Chief Power Officer and Architect of Its 17 GW Energy Infrastructure, Accepts Board Nomination

DALLAS, May 1, 2026 /PRNewswire/ -- Toby Neugebauer, co-founder and largest shareholder of Fermi America (NASDAQ & LSE: FRMI), today announced that he has nominated Larry Kellerman to join the Fermi B...

12 days ago - PRNewsWire

Fermi Inc. Common Stock call volume above normal and directionally bullish

Bullish option flow detected in Fermi (FRMI) Inc. Common Stock with 13,841 calls trading, 1.1x expected, and implied vol increasing almost 6 points to 125.43%. 5/8 weekly 6 calls and…

12 days ago - TheFly

Fermi appoints Rob Masson as interim CFO

Fermi (FRMI) announced the appointment of Rob Masson as interim CFO. Masson brings over two decades of experience in financial leadership and capital strategy, having served as CFO at a…

13 days ago - TheFly

Fermi Inc. Appoints Rob L. Masson II as Interim Chief Financial Officer

Masson Brings Significant Public Company CFO and Board Director Experience to Drive Fermi's Continued Evolution and Scalability DALLAS, April 30, 2026 /PRNewswire/ -- Fermi Inc. (d/b/a Fermi America) ...

13 days ago - PRNewsWire

Mixed options sentiment in Fermi Inc. Common Stock with shares down 5.48%

Mixed options sentiment in Fermi Inc. Common Stock (FRMI), with shares down 29c near $5.00. Options volume relatively light with 7504 contracts traded and calls leading puts for a put/call…

14 days ago - TheFly

Fermi Inc. Common Stock call volume above normal and directionally bullish

Bullish option flow detected in Fermi (FRMI) Inc. Common Stock with 17,443 calls trading, 1.6x expected, and implied vol increasing over 1 point to 143.78%. Jun-26 7 calls and 4/24…

20 days ago - TheFly

Fermi rises 19.0%

Fermi (FRMI) is up 19.0%, or 96c to $6.02.

21 days ago - TheFly

Fermi's Fired CEO Pushes for a Sale of the AI Start-Up. What It Means for the Stock.

Tony Neugebauer, ousted on Friday, is the company's co-founder and a big shareholder. Fermi has batted down his call for a sale.

21 days ago - Barrons

Fermi Inc. Common Stock call volume above normal and directionally bullish

Bullish option flow detected in Fermi (FRMI) Inc. Common Stock with 94,018 calls trading, 19x expected, and implied vol increasing over 11 points to 142.49%. Jun-26 7 calls and 5/1…

21 days ago - TheFly

Fermi rejects former CEO's call for sale of company

Fermi on ​Tuesday ‌rejected former ​CEO ​Toby Neugebauer's call for ⁠an ​immediate ​sale of the ​U.S. ​power startup, saying ‌such ⁠a move was "not ​in ​the ⁠best ​interest" ​of ⁠the company.

22 days ago - Reuters

FERMI PROVIDES BUSINESS UPDATE

DALLAS, April 21, 2026 /PRNewswire/ -- Fermi Inc. (d/b/a Fermi America) (NASDAQ: FRMI) (LSE: FRMI), operating as Fermi America™ ("Fermi" or the "Company"), subsequent to the Company's announcement of ...

22 days ago - PRNewsWire

‘Fermi Is Not a Field of AI Dreams,’ Fuzzy Says in Short Seller Attack; FRMI Stock Craters 21%

The rout in Fermi’s ($FRMI) shares deepened on Monday afternoon following an attack from activist short-seller Fuzzy Panda Research, which took a short position in the startup data center developer.

22 days ago - TipRanks

Former Fermi CEO calls for sale of company

Former Fermi CEO Toby Neugebauer called for an ​immediate sale of the power startup ‌on Monday, days after his abrupt departure from the company, which he claimed was "without cause."

22 days ago - Reuters