Fermi Inc. (LON:FRMI)
| Market Cap | 3.39B |
| Revenue (ttm) | n/a |
| Net Income | -544.03M |
| EPS | -0.90 |
| Shares Out | n/a |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 148,670 |
| Open | 6.95 |
| Previous Close | 6.77 |
| Day's Range | 6.56 - 7.39 |
| 52-Week Range | 4.48 - 39.00 |
| Beta | n/a |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Aug 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]
News
Fermi Proxy statement: Proxy filing
Fermi filed a proxy statement on June 12, 2026, providing details for shareholder voting and corporate governance matters.
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.
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.
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).
Fermi jumps 14% after Citizens comments on OpenAI Ohio talks
The stock in midday trading is up 78c to $6.40.
Fermi Proxy statement: Proxy filing
Fermi filed a proxy statement on June 10, 2026, providing details for shareholder voting and corporate governance matters.
Fermi Proxy statement: Proxy filing
Fermi filed a proxy statement on June 3, 2026, providing details for shareholder voting and corporate governance matters.
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.
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...
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...
Fermi Proxy statement: Proxy filing
Fermi filed a proxy statement on May 18, 2026, providing details for shareholder voting and corporate governance matters.
Fermi Proxy statement: Proxy filing
Fermi filed a proxy statement on May 15, 2026, providing details for shareholder voting and corporate governance matters.
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…
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...
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.
Fermi Earnings release: Q1 2026
Fermi released its Q1 2026 earnings on May 14, 2026, summarizing the period's financial results.
Fermi Slides: Q1 2026
Fermi has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 14, 2026.
Fermi Quarterly report: Q1 2026
Fermi has published its Q1 2026 quarterly earnings report on May 14, 2026.
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…
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...
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...
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 ...
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 ...
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...