Fermi Inc. (FRMI)
| Market Cap | 3.19B |
| Revenue (ttm) | n/a |
| Net Income | -529.76M |
| EPS | -1.13 |
| Shares Out | 629.84M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 31,756,293 |
| Open | 5.76 |
| Previous Close | 5.40 |
| Day's Range | 5.04 - 5.78 |
| 52-Week Range | 4.47 - 36.99 |
| Beta | n/a |
| Analysts | Strong Buy |
| Price Target | 26.13 (+416.4%) |
| Earnings Date | May 4, 2026 |
About FRMI
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.
Financial Performance
Financial StatementsAnalyst Summary
According to 8 analysts, the average rating for FRMI stock is "Strong Buy." The 12-month stock price target is $26.13, which is an increase of 416.40% from the latest price.
News
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."
Toby Neugebauer Incredibly Bullish on Project Matador and Calls for Sale of Company to Maximize Shareholder Value
Toby Neugebauer Praises Team for Creating the Nation's Most Attractive Power Asset Toby Neugebauer, His Immediate Family and Former Executives Hold ~40% of Fermi Shares – Toby Has Not Sold Single Shar...
Fermi stock plunges as CEO exits, but analysts see upside ahead
Shares of Fermi tumbled sharply on Monday after the company announced the departure of Chief Executive Toby Neugebauer, triggering investor concerns about leadership stability at a critical stage of i...
Fermi stock drops sharply after CEO and CFO departures
Shares of U.S. power startup Fermi fell sharply on Monday after the abrupt departures of its chief executive and co-founder Toby Neugebauer as well as its Chief Financial Officer Miles Everson.
CEO and CFO suddenly depart AI nuclear power upstart Fermi
Fermi co-founder and CEO Toby Neugebauer and CFO Miles Everson have suddenly departed the AI nuclear power firm, sending shares down 22% on Monday.
This AI power company ousted its CEO. Why that could help it sign up its first customer.
Shares of Fermi, which was co-founded by Rick Perry, a former U.S. secretary of energy, were tumbling Monday after the surprise disclosure that its CEO was giving up that role. Some analysts say that ...
Fermi Stock Plummets 20% as CEO and Finance Chief Depart. What's Up at the Data-Center Developer.
CEO Toby Neugebauer's departure comes as Fermi struggles to find a cornerstone tenant for its Project Matador data-center campus.
Fermi Inc. Announces "Fermi 2.0" Strategic Evolution, New Board Chairman, Leadership Transitions, and New Office Locations
Next Phase of Evolution Marks Transition from Start-Up to Scaled Enterprise Names New Chairman of the Board, Marius Haas, and Board Director Jeffrey S. Stein Affirms Ongoing Commitment to Project Mata...
This AI power company's Trump-named power project still has no customers in sight
Fermi's stock sank to a record low, as Project Matador has yet to secure its first client, and the company didn't provide clarity on when it would.
Fermi Stock Falls 18%. The Data-Center Developer Needs Customers—Fast.
Fermi confirms Monday that it is yet to sign a cornerstone tenant for its Project Matador campus in Amarillo, Texas.
Fermi America™ Reports Fiscal Year 2025 Earnings, Marking Operational Milestones on the Path to 17 GW of Private Power
AMARILLO, Texas, March 30, 2026 /PRNewswire/ -- Fermi Inc. (d/b/a Fermi America) (NASDAQ: FRMI) (LSE: FRMI), operating as Fermi America™, today filed a Current Report on Form 8-K with the U.S. Securit...
Fermi America™ Files Second Clean Air Permit Application with TCEQ for 5 GW of Additional Power for Its Project Matador Private Grid
TCEQ Issued Fermi America's First ~6 GW Clean Air Permit on February 25, 2025 As Promised, New 5 GW Application Filed Within Weeks of the Site's First 6 GW Clean Air Permit Approval With a Potential 1...
Fermi America™ Chief Nuclear Construction Officer Mesut Uzman Addresses NRC Regulatory Information Conference 2026, Showcasing Project Matador's Position as America's Most Advanced Nuclear Build
Project Matador Holds the Only Active Combined Operating License Application Accepted by the NRC in More Than 15 Years — Greenlight by NRC to Break Ground Immediately Fermi America's Nuclear Program A...
Investor Reminder: Fermi Inc. Faces Federal Securities Fraud Allegations after Stock Drops 33% -- Contact BFA Law before Friday's March 6 Court Deadline (NASDAQ: FRMI)
NEW YORK, March 03, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Fermi Inc. (NASDAQ: FRMI), certain of t...
SHAREHOLDER REMINDER: Berger Montague Reminds Fermi Inc. (FRMI) Investors of the March 6, 2026 Deadline
Philadelphia, Pennsylvania--(Newsfile Corp. - February 27, 2026) - National plaintiffs' law firm Berger Montague PC announces that a class action lawsuit has been filed against Fermi Inc. (NASDAQ: FRM...
Fermi America™ Secures Final 6GW Clean Air Permit from the Texas Commission on Environmental Quality (TCEQ) for World's Largest 11 GW Private Power Grid
Final Air Permit Positions Fermi America Years Ahead, Having Already Contractually Secured Over 2 GW of Long Lead Time Natural Gas Generation Assets Secures Key Regulatory Milestone, Positioning Fermi...
Fermi America™ Announces Fourth Quarter 2025 Earnings Call on March 30, 2026
AMARILLO, Texas, Feb. 24, 2026 /PRNewswire/ -- Fermi Inc. (d/b/a Fermi America) (NASDAQ & LSE: FRMI), operating as Fermi America™, in partnership with the Texas Tech University System (TTU System), to...
DEADLINE NEXT WEEK: Berger Montague Advises Fermi Inc. (NASDAQ: FRMI) Investors to Contact the Firm Before March 6, 2026
PHILADELPHIA, Feb. 23, 2026 (GLOBE NEWSWIRE) -- National plaintiffs' law firm Berger Montague PC announces that a class action lawsuit has been filed against Fermi Inc. (NASDAQ: FRMI) (“Fermi” or the ...
Fermi America™ Makes Initial Draw on $200 Million Equipment Facility from Keystone National Group and Cape Commercial Finance to Accelerate the Delivery of the First 2.3GW of Project Matador's 11GW Private HyperGrid™ Campus
Enables Fermi America to accelerate the procurement of long lead high voltage assets, supporting the buildout of its first 2.3GW of power infrastructure Complements $500 Million Turbine Warehouse from...
$FRMI Securities Fraud: Fermi Inc. has been Sued after Customer Agreement Cancellation Leads to 33% Stock Drop – Investors Notified to Contact BFA Law by March 6
NEW YORK, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Fermi Inc. (NASDAQ:FRMI), certain of the...
Hagens Berman Scrutinizing Suit Against Fermi (FRMI) Over Alleged $150M Anchor Tenant Exit
Partner Reed Kathrein Scrutinizing Claims of High Conviction Against Revealed Construction Funding Collapse and 33% Stock Crash SAN FRANCISCO, Feb. 18, 2026 /PRNewswire/ -- National shareholder rights...
Fermi America Deepens Strategic Partnership with Hyundai E&C to Lead the Return of Large-Scale Nuclear Construction in the U.S. with Project Matador
Fermi America joined Hyundai E&C's Large-Scale Nuclear Technology Seminar in Dallas to engage contractors and strengthen U.S. nuclear supply chain and workforce readiness. Ongoing FEED work advances p...
FRMI Stock Drop: Fermi Inc. Stock Plummets 33% after Customer Agreement Issues Revealed – Investors with Losses Notified to Contact BFA Law before March 6 Court Deadline
Fermi Inc. Stock Plummets 33% after Customer Agreement Issues Revealed – Investors with Losses Notified to Contact BFA Law before March 6 Court Deadline
FRMI INVESTOR ACTION NOTICE: Hagens Berman Encourages Investors in Fermi (FRMI) to Contact Firm
SAN FRANCISCO, Feb. 10, 2026 /PRNewswire/ -- National shareholder rights law firm Hagens Berman is issuing an updated notice to investors in Fermi Inc. (NASDAQ: FRMI) regarding the March 6, 2026, lead...