Fermi Inc. (FRMI)
| Market Cap | 11.86B |
| Revenue (ttm) | n/a |
| Net Income (ttm) | n/a |
| Shares Out | 597.67M |
| EPS (ttm) | n/a |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,934,090 |
| Open | 19.97 |
| Previous Close | 19.89 |
| Day's Range | 18.90 - 21.64 |
| 52-Week Range | 18.70 - 36.99 |
| Beta | n/a |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Nov 3, 2025 |
About FRMI
Fermi is focused on developing electric grids that deliver on-demand power at gigawatt scale, required to create next-generation artificial intelligence. Project Matador, a 5,236-acre site in Amarillo, Texas, plans to deliver up to 11 gigawatts of low-carbon, behind-the-meter power by building a HyperGrid that is expected to house one of the largest nuclear power complexes in America, with combined-cycle natural gas, utility grid power, solar power, and battery energy storage, to support the power needs of artificial intelligence at scale. [Read more]
News
My Boldest Bet Yet: The Power And Infrastructure Boom No One's Ready For
The AI revolution is driving unprecedented power and infrastructure demand, fundamentally transforming the energy and data center landscape in the U.S. Traditional utilities can't keep pace, so data c...
Fermi: Great Concept But Grossly Overpriced
Fermi is an AI-focused infrastructure REIT with a bold plan to build mega data centers powered by onsite energy but remains early-stage. FRMI's business model is promising, leveraging a powered shell ...
Buy, Sell, or Hold Fermi Stock?
Fermi Inc., (NASDAQ: FRMI), a Texas-based AI infrastructure startup co-founded by former U.S. Energy Secretary Rick Perry, recently had a successful IPO. Just a few months after its founding in Januar...
U.S. IPO Weekly Recap: Data Infrastructure, Flood Insurance, And Banking Debut In 6 IPO Week
Six IPOs debuted this week, while seven SPACs listed, with eight IPOs submitted initial filings, including a handful of sizable issuers. While the US government shutdown complicates the start of the Q...
Fermi stock price rises today after successful IPO: Rick Perry's data center firm benefits from AI FOMO
Despite being under a year old and having no revenue, Fermi America had a very successful initial public offering (IPO) this week.
Fermi: Highly Speculative Given Construction Risk
Fermi surged 40% post-IPO, reflecting AI and data center enthusiasm, but remains a speculative, pre-revenue company with no tangible assets. FRMI's ambitious plan involves building a massive AI data c...
Fermi Stock Surges Again After Strong Debut. AI Infrastructure Is Red Hot.
The Texas-based group aims to build the world's largest data center on a parcel of land in the Texas Panhandle.
Stock Market Today: Dow Futures Slip, Nasdaq Rises Amid Mixed Trade—AngioDynamics, Entero Therapeutics, Fermi In Focus
U.S. stock futures were fluctuating on Thursday following Wednesday's record advances. Futures of major benchmark indices were mixed.
This Data Center IPO Shows Wall Street Is Still Hungry for AI Stocks
Shares of Fermi (FRMI), the developer of one of the world's largest AI data center campuses, soared on their first day of trading Wednesday in yet another sign of Wall Street's appetite for all things...
Fermi: The AI Craze In Full Swing
Fermi Inc., a future datacenter AI enablement REIT, debuted in its IPO with a $16 billion valuation despite lacking revenue and operational history. FRMI's ambitious plan targets 11GW capacity by 2038...
AI power-generation and Trump play Fermi sees strong demand for its IPO
Fermi's IPO prices on high end of its expected range, as investors look to take part in a new AI — and Donald J. Trump — play.
Fermi's IPO to showcase Wall Street fervor for AI — and the Trump effect
Fermi has yet to generate revenue as it readies its IPO of 32.5 million shares at an estimated price range of $18 to $22 each for trading Wednesday.
Former Energy Secretary Rick Perry's Fermi aims to raise $715 million in US IPO
Fermi is aiming to raise $715 million in its upsized U.S. initial public offering, the data center real estate investment trust said on Monday, as it aims to leverage burgeoning demand for energy infr...
A REIT, Insurer, and Bank Are Set to Go Public. The IPO Market Is More Than Tech.
The upcoming debuts of Fermi, Neptune Insurance, and Commercial Bancgroup are a sign that the IPO market isn't just about tech.
U.S. IPO Weekly Recap: One Small Debut As More Names Join The Pipeline
One IPO and four SPACS debuted this week. Six IPOs and three SPACs submitted initial filings. Two sizable deals are currently scheduled to price in the week ahead as the 3Q IPO market comes to a close...
A New Data Center Stock Is Coming To Wall Street, But Can It Soar on AI Hype?
Wall Street is getting a buzzy new AI data center stock soon, but investors looking for Nvidia-like returns may want to look elsewhere.
Fermi America: An Ambitious AI Infrastructure IPO
Fermi America is launching an ambitious IPO to become a major power producer and data center landlord in Amarillo, TX. FRMI aims for 11 GW generation capacity by 2038, featuring gas, nuclear, solar, a...
Fermi America™ Files Registration Statement for Proposed Initial Public Offering (IPO)
Fermi America, which is developing what is expected to be the worlds largest private grid campus designed to power the growing demands of artificial intelligence (AI)...
Fermi IPO Registration Document (S-1)
Fermi has filed to go public with an IPO on the NASDAQ.