Fermi Inc. (FRMI)
| Market Cap | 10.46B |
| Revenue (ttm) | n/a |
| Net Income (ttm) | n/a |
| Shares Out | 597.67M |
| EPS (ttm) | n/a |
| PE Ratio | n/a |
| Forward PE | 110.91 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 9,701,659 |
| Open | 21.65 |
| Previous Close | 21.76 |
| Day's Range | 17.20 - 21.74 |
| 52-Week Range | 17.20 - 36.99 |
| Beta | n/a |
| Analysts | Strong Buy |
| Price Target | 30.86 (+76.34%) |
| Earnings Date | Nov 10, 2025 |
About FRMI
Fermi America (Nasdaq: FRMI) is pioneering the development of next-generation electric grids that deliver highly redundant power at gigawatt scale, required to create next-generation artificial intelligence. Co-founded by former U.S. Energy Secretary Rick Perry, and Co-founder and former Co-Managing Partner of Quantum Energy, Toby Neugebauer, Fermi America combines cutting-edge technology with a deep bench of proven world-class multi-disciplinary leaders to create the world's largest, next-gen private grid. The behind-the-meter campus is expect... [Read more]
Analyst Summary
According to 7 analysts, the average rating for FRMI stock is "Strong Buy." The 12-month stock price target is $30.86, which is an increase of 76.34% from the latest price.
News
Fermi: With Great Potential Comes Great Risk
Fermi Inc. is a speculative early-stage REIT aiming to deliver over 11 GW of low-carbon power for AI data centers by 2038. FRMI's Project Matador involves massive capital outlays and execution risks, ...
Trump-linked Fermi is having trouble signing its first data-center power tenant
Fermi, which is organized as a real-estate investment trust, is worrying investors with the delay in closing the deal with its first tenant.
REIT Replay: REIT Indexes Outperform Broader Markets During 1st Week Of November
Indexes tracking real estate investment trust stocks outperformed the broader stock market indexes during the first week of November. The Dow Jones Equity All REIT closed the recent week up 1.40%, whi...
Fermi America™ Posts Third Quarter 2025 Shareholder Letter
AMARILLO, Texas, Nov. 10, 2025 /PRNewswire/ -- Fermi Inc. (d/b/a Fermi America) (Nasdaq & LSE: FRMI), which is powering tomorrow's AI to ensure America wins the intelligence race, has today published ...
Fermi America™ Announces Execution of an Advance in Aid of Construction Agreement for $150 Million with its First Prospective Client
AMARILLO, Texas , Nov. 6, 2025 /PRNewswire/ -- Fermi America (Nasdaq: FRMI) today announced the execution of an Advance in Aid of Construction Agreement (AIAC) for $150 million with its first prospect...
Fermi, Inc. to Host Inaugural Earnings Call and Q&A on Veterans Day, November 11th, 2025
AMARILLO, Texas , Nov. 5, 2025 /PRNewswire/ -- (Nasdaq: FRMI ) In honor of those who served, Fermi, Inc., DBA Fermi America™, who is powering tomorrow's AI to ensure America wins the intelligence ra...
REIT Replay: REIT Indexes Close Final Week Of October In The Red
US equity real estate investment trust indexes dropped during the final week of October. The Dow Jones Equity All REIT index closed the recent week down 3.29%, while the MSCI US REIT (RMZ) index fell ...
Fermi America™ and the State of Texas Announce Preliminary Approval for First 6 GW of One of the World's Largest Clean Natural Gas Facilities on Project Matador's 11 GW Private HyperGrid™ Campus
Texas Leading the Way as the Texas Commission on Environmental Quality (TCEQ) Grants Preliminary Approval of Fermi America's Clean Air Permit, Relieving Consumers Nationwide from Shouldering Voracious...
Fermi America™ Secures Agreement with Mobile Power Solutions for 157.5 MW of GE TM2500 Turbines -- Securing Even More Power for the World's Largest 11GW Private Energy Grid
Agreement Supports Project Matador's First 500 MW of Generation Capacity, Scheduled to be Online in 2026 Establishes a 20-year Strategic Partnership Between Fermi America and Mobile Power Solutions, A...
Fermi America™, City of Amarillo, and Carson County Ink Partnerships to Structure Taxes and Secure First GW of Water to Power Tomorrow's AI
Carson County approved a 10-year tax abatement and reinvestment zone for Fermi America's 11GW energy campus, securing local investment, spurring economic growth and long-term, sustainable jobs across ...
Why this Trump-connected nuclear-power company's stock is rallying again
Fermi's stock fell below its IPO price last week but is bouncing back on positive comments from analysts and pacts with South Korean companies for its planned nuclear plants.
Top 3 Real Estate Stocks That May Explode In Q4
The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.
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.