Fermi Inc. (FRMI)

NASDAQ: FRMI · Real-Time Price · USD
8.53
-0.19 (-2.18%)
Feb 2, 2026, 1:51 PM EST - Market open
-2.18%
Market Cap5.36B
Revenue (ttm)n/a
Net Incomen/a
EPSn/a
Shares Out 628.34M
PE Ration/a
Forward PE44.44
Dividendn/a
Ex-Dividend Daten/a
Volume2,788,135
Open8.71
Previous Close8.72
Day's Range8.41 - 8.91
52-Week Range7.28 - 36.99
Betan/a
AnalystsStrong Buy
Price Target30.86 (+261.78%)
Earnings DateMay 12, 2026

About FRMI

Fermi Inc., doing business as Fermi America, operates as an energy and hyperscaler development company purpose-built for artificial intelligence era. It focuses on Project Matador, an approximately 11-gigawatt behind-the-meter energy generation and powered shell data center campus located in Amarillo, Texas. Its Project Matador provides hyperscale customers with approximately 15 million square feet of data center space powered by a combination of on-site solar, gas, and nuclear power infrastructure. Fermi Inc. was incorporated in 2025 and is ba... [Read more]

Industry Regulated Electric
Sector Utilities
IPO Date Oct 1, 2025
Country United States
Stock Exchange NASDAQ
Ticker Symbol FRMI
Full Company Profile

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 261.78% from the latest price.

Price Target
$30.86
(261.78% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

FRMI NOTIFICATION: Fermi Inc. Faces Securities Fraud Allegations Over Cancellation of $150 Million Customer Agreement, Investors Alerted to Contact BFA Law by March 6

New York, New York--(Newsfile Corp. - February 2, 2026) - Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Fermi Inc. (NASDAQ: FRMI),...

9 hours ago - Newsfile Corp

FRMI INVESTOR NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Fermi

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Fermi To Contact Him Directly To Discuss Their Options If you purchased or otherwise ...

18 hours ago - Newsfile Corp

INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Fermi

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Fermi To Contact Him Directly To Discuss Their Options If you purchased or otherwise ...

3 days ago - PRNewsWire

UPCOMING DEADLINE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Fermi

Faruqi & Faruqi, LLP Securities Litigation Partner  James (Josh) Wilson Encourages Investors Who Suffered Losses In Fermi To Contact Him Directly To Discuss Their Options

4 days ago - GlobeNewsWire

SHAREHOLDER DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Fermi

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Fermi To Contact Him Directly To Discuss Their Options If you purchased or otherwise ...

7 days ago - Newsfile Corp

FRMI COURT DEADLINE: Fermi Inc. Sued for Securities Fraud, BFA Law Notifies Investors with Losses to Inquire About Their Rights by March 6 Deadline

New York, New York--(Newsfile Corp. - January 25, 2026) - Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Fermi Inc. (NASDAQ: FRMI),...

8 days ago - Newsfile Corp

FERMI INC. (NASDAQ: FRMI) DEADLINE ALERT – Bernstein Liebhard LLP Reminds Fermi Inc. Investors of Upcoming Deadline

NEW YORK, Jan. 22, 2026 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP: Do you, or did you, own shares of Fermi Inc. (NASDAQ: FRMI)? Did you purchase your shares between pursuant and/or traceable to the C...

11 days ago - GlobeNewsWire

FRMI COURT NOTICE: Fermi Inc. Sued for Securities Fraud After Stock Drops 33%, Investors Notified to Contact BFA Law by March 6 Deadline

New York, New York--(Newsfile Corp. - January 21, 2026) - Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Fermi Inc. (NASDAQ: FRMI),...

12 days ago - Newsfile Corp

Shareholder Rights Law Firm Robbins LLP Urges Fermi Inc. Stockholders to Seek Information About Their Rights Against FRMI

SAN DIEGO--(BUSINESS WIRE)---- $FRMI #AI--Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Fermi Inc. (NASDAQ: FRMI): (a) c...

12 days ago - Business Wire

REIT Replay: U.S. REIT Indexes Outperform Broader Market During Week Ended Jan. 16

Indexes for US equity real estate investment trusts outperformed the broader stock market during the week ended Jan. 16.

13 days ago - Seeking Alpha

FRMI ANNOUNCEMENT: Fermi Inc. Sued for Securities Fraud after Customer Agreement Cancellation Leads to 33% Stock Drop, Investors Notified to Contact BFA Law

New York, New York--(Newsfile Corp. - January 17, 2026) - Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Fermi Inc. (NASDAQ: FRMI),...

16 days ago - Newsfile Corp

FRMI LEGAL DEADLINE: Fermi Inc. Sued for Securities Fraud over Alleged Misstatements, Contact BFA Law by March 6 if You Lost Money

New York, New York--(Newsfile Corp. - January 14, 2026) - Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Fermi Inc. (NASDAQ: FRMI),...

18 days ago - Newsfile Corp

INVESTOR NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Fermi

Faruqi & Faruqi, LLP Securities Litigation Partner  James (Josh) Wilson Encourages Investors Who Suffered Losses In Fermi To Contact Him Directly To Discuss Their Options

19 days ago - GlobeNewsWire

The State Of REITs: January 2026 Edition

The REIT sector closed out 2025 with a tough December (-1.48%) and finishing the year with a -3.57% total return for 2025. Small caps (+0.51%) eked out a small gain in December, while mid caps (-1.77%...

19 days ago - Seeking Alpha

U.S. Equity REITs Trade At Median 15% Discount To Analyst Price Targets

All 123 publicly traded US equity real estate investment trusts analyzed by S&P Global Market Intelligence traded below their respective consensus price target estimates. The specialty sector, which i...

Other symbols: AMTCCIDLREQIXHPPIRMOUT
23 days ago - Seeking Alpha

FRMI INVESTOR NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Fermi

Faruqi & Faruqi, LLP Securities Litigation Partner  James (Josh) Wilson Encourages Investors Who Suffered Losses In Fermi To Contact Him Directly To Discuss Their Options

24 days ago - GlobeNewsWire

Fermi Inc. Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights - FRMI

LOS ANGELES, Jan. 5, 2026 /PRNewswire/ -- The DJS Law Group announces that it is investigating claims on behalf of investors of Fermi Inc. ("Fermi" or "the Company") (NASDAQ: FRMI) for violations of t...

27 days ago - PRNewsWire

FRMI Investors Have Opportunity to Join Fermi Inc. Fraud Investigation with the Schall Law Firm

LOS ANGELES, Jan. 5, 2026 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Fermi Inc. ("Fermi" or...

27 days ago - PRNewsWire

Fermi Inc. (FRMI) Shares Tank 33% Amid First Tenant Contract Termination -- Hagens Berman Investigating

FRMI Investors with Losses Encouraged to Contact the Firm SAN FRANCISCO, Dec. 30, 2025 /PRNewswire/ -- On December 12, 2025, investors in Fermi Inc. (NASDAQ: FRMI) saw the price of their shares crater...

4 weeks ago - PRNewsWire

REIT Replay: REIT Indexes Grow Alongside Broader Market During Week Of Christmas

Indexes for US equity real estate investment trusts increased during the week of Christmas. The Dow Jones Equity All REIT index climbed 1.14% over the recent week, roughly in line with the 1.40% gain ...

Other symbols: COLDDHCIRTSVC
4 weeks ago - Seeking Alpha

2 Big Energy IPOs Flopped This Year. It Doesn't Bode Well for 2026.

There were two major energy-related initial public offerings in 2025, and both have been busts.

Other symbols: VG
5 weeks ago - Barrons

Top 3 Real Estate Stocks That Are Preparing To Pump This Quarter

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.

Other symbols: DOCKRC
5 weeks ago - Benzinga

Hagens Berman Investigating Fermi Inc. (FRMI) as Shares Tank 33% Amid First Tenant Contract Termination

SAN FRANCISCO--(BUSINESS WIRE)--On December 12, 2025, investors in Fermi Inc. (NASDAQ: FRMI) saw the price of their shares crater about 33% after the company revealed that a prospective anchor tenant ...

5 weeks ago - Business Wire

REIT Replay: U.S. REIT Indexes Fall During Week Ended Dec. 19

Indexes for US real estate investment trusts fell during the week ended Dec. 19. The Dow Jones Equity All REIT index dropped 1.18% over the recent week, while the MSCI US REIT index also fell 0.84%. T...

Other symbols: CHCTDHCHPPPSTLSITC
5 weeks ago - Seeking Alpha

Amazon is prospective tenant that withdrew funding from Fermi's project, Insider reports

Amazon is the prospective tenant that withdrew funding from REIT Fermi's massive data-center project, Business Insider reported on Wednesday, citing the data center's CEO Toby Neugebauer.

Other symbols: AMZN
6 weeks ago - Reuters