Fermi Inc. (FRMI)
| Market Cap | 3.37B |
| 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 | 9,158,708 |
| Open | 5.09 |
| Previous Close | 5.37 |
| Day's Range | 5.03 - 5.67 |
| 52-Week Range | 4.63 - 36.99 |
| Beta | n/a |
| Analysts | Strong Buy |
| Price Target | 26.13 (+387.96%) |
| Earnings Date | Apr 30, 2026 |
About FRMI
Fermi Inc. engages in the development of private electric grids that deliver redundant power at gigawatt scale, to create artificial intelligence in the United States. The company was established in January 10, 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 387.96% from the latest price.
News
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: Lack Of Tenant Progress Is Deeply Concerning
Fermi Inc. remains highly speculative, with shares down ~75% since IPO and no signed tenants for its ambitious data center buildout. FRMI reported a GAAP loss of $1.13 for 2025, is essentially pre-rev...
Fermi Inc. (FRMI) Q4 2025 Earnings Call Transcript
Fermi Inc. (FRMI) Q4 2025 Earnings Call Transcript
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...
REITs: A Regime Change Is Needed
REITs were rolling out of the gates in early-2026, coming back into favor amid a HALO trade (Heavy Assets, Low Obsolescence) after a half-decade of rate headwinds and unfavorable narrative. The oil pr...
The State Of REITs: March 2026 Edition
After a solid January performance, the REIT sector recovery gained steam in February with a stronger +3.70% return. Large cap REITs (+5.80%) led the REIT sector in February with strong gains from mid ...
Invesco Small Cap Equity Fund Q4 2025 Portfolio Review
Invesco Small Cap Equity Fund underperformed the Russell 2000 Index during the quarter. At the end of the fourth quarter, the fund's largest absolute weights were in industrials, financials, IT, healt...
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...
REIT Replay: REIT Indexes Fall Alongside Broader Markets In 1st Week Of March
Indexes for US equity real estate investment trusts dropped alongside the broader markets during the first week of March, amid geopolitical concerns between Israel, Iran, and the United States. The Do...
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...
REIT Replay: REIT Indexes Largely Flat During Week Ended Feb. 20
The Dow Jones Equity All REIT index closed the week ended Feb. 20 mostly flat, down a very slight 0.06%. The broader stock market indexes logged small gains during the week, with the S&P 500 up 1.07% ...
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...
The State Of REITs: February 2026 Edition
The REIT sector rebounded from a rough 2025 (-3.57%) by starting off 2026 in the black (+1.09%). Small-cap REITs (+3.27%) outperformed in January, followed by solid gains from mid-caps (+2.65%) and la...
$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