Fermi Inc. (FRMI)
| Market Cap | 17.63B |
| Revenue (ttm) | n/a |
| Net Income (ttm) | n/a |
| Shares Out | 592.80M |
| EPS (ttm) | n/a |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 8,934,640 |
| Open | 30.01 |
| Previous Close | 28.78 |
| Day's Range | 27.80 - 31.55 |
| 52-Week Range | 24.50 - 36.99 |
| Beta | n/a |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About FRMI
Fermi Inc. operates as an advanced energy and hyperscaler development company. It offers Project Matador, a multi-gigawatt energy and data center development campus to deliver up to 11 GW of low-carbon, HyperRedundant, and on-demand power to serve tenants’ critical loads, with up to 15 million square feet of dedicated AI computing space. It serves nuclear, solar, and gas industries. Fermi Inc. was founded in 2025 and is based in Amarillo, Texas. [Read more]
News
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.