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FRMI Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
8.460
Open
8.400
VWAP
8.15
Vol
6.20M
Mkt Cap
5.33B
Low
7.890
Amount
50.50M
EV/EBITDA(TTM)
--
Total Shares
614.03M
EV
5.35B
EV/OCF(TTM)
--
P/S(TTM)
--
Fermi Inc. is an advanced energy and hyperscale development company purpose-built for the artificial intelligence (AI) era. The Company is engaged in the development of electric grids that deliver highly redundant power at a gigawatt scale, required to create artificial intelligence. Situated on a 5,236-acre site in Amarillo, Texas, Project Matador is secured by the Company pursuant to the Lease on land owned by the Texas Tech University System. Project Matador is designed to accommodate up to 6.0 gigawatt (GW) of nuclear capacity via 4.0 GW of bifurcated Westinghouse Reactors and 2.0 GW of small nuclear reactor (SMRs). Its HyperRedundant site is strategically located adjacent to natural gas fields in the United States that is within a high-radiance solar corridor, well-positioned for advanced nuclear development and supportive of multiple energy pathways including near-term natural gas power development.
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Events Timeline

(ET)
2026-03-02
08:50:00
Liquid Option Borrow Rates Increase
select
2026-02-11 (ET)
2026-02-11
19:40:00
Fermi America Advances Nuclear Projects with Hyundai Engineering Partnership
select
2026-01-07 (ET)
2026-01-07
12:10:00
Fermi Stock Drops 10.6% to $8.49
select

News

Benzinga
4.5
17:03 PMBenzinga
U.S. Stocks Decline as Oil Prices Surge Amid Iran Conflict
  • Oil Price Surge Affects Markets: West Texas Intermediate crude surged 8.6% to $94.76 per barrel, while Brent crude rose 7.9%, briefly crossing $100, amplifying stagflation fears and directly impacting investor confidence in U.S. equities.
  • Broad Market Decline: By midday in New York, the S&P 500 fell 1.0% to 6,700, the Dow Jones Industrial Average dropped 1.2% to 46,860, and the Nasdaq 100 declined 1.3% to 24,635, reflecting a pessimistic outlook on economic prospects amid rising oil prices.
  • Dollar General Mixed Earnings: Dollar General reported Q4 fiscal 2025 diluted EPS of $1.93 on revenue of $10.9 billion, a 5.9% year-over-year increase that beat analyst estimates; however, disappointing fiscal 2026 guidance projecting same-store sales growth of only 2.2%-2.7% led to a 4.5% drop in shares.
  • Fertilizer and Chemical Stocks Rise: Fertilizer and chemical stocks gained as disruptions in the Strait of Hormuz choked supply routes, with Mosaic Company shares up 8.9%, benefiting from supply constraints on critical production inputs, enhancing U.S. producers' pricing power.
PRnewswire
7.0
03-05PRnewswire
FRMI Investors Urged to Act Before March 6 Deadline
  • Litigation Update: Hagens Berman law firm is notifying investors in Fermi Inc. (NASDAQ:FRMI) about the March 6, 2026, lead plaintiff deadline in a pending securities class action against the company and its executives, urging investors to act promptly to protect their rights.
  • False Statement Allegations: The lawsuit alleges that Fermi misrepresented the demand for its flagship 'Project Matador' and the stability of its primary tenant, particularly after the December 12, 2025, disclosure that the first tenant terminated a $150 million construction agreement, causing the stock price to plummet nearly 34%.
  • IPO Materials Investigation: Hagens Berman is investigating whether Fermi's IPO materials misled investors to secure financing, especially regarding the authenticity of project demand, which could significantly impact investor decisions.
  • Whistleblower Program: Hagens Berman encourages individuals with non-public information to utilize the SEC Whistleblower program, where providing original information may yield rewards of up to 30% of any successful recovery, further aiding the investigation into Fermi.
PRnewswire
7.0
03-05PRnewswire
Faruqi & Faruqi Investigates Fermi Securities Litigation
  • Litigation Investigation: Faruq & Faruq LLP is investigating potential securities claims against Fermi Inc. due to alleged false statements during its October 2025 IPO, which may have led to investor losses.
  • IPO Details Released: Fermi completed its IPO on October 1, 2025, issuing approximately 32.5 million shares at $21.00 each, with the registration statement highlighting its investment plans for Project Matador.
  • Key Funding Agreement Terminated: On December 12, 2025, Fermi disclosed that its first tenant had terminated a $150 million Advance in Aid of Construction Agreement, resulting in a negative market reaction and a stock price drop of over 33%, closing at $10.09 per share.
  • Legal Rights Reminder: Faruqi & Faruqi reminds investors that March 6 is the deadline to apply to become the lead plaintiff in the federal securities class action, encouraging affected investors to contact attorneys to discuss their legal rights.
Globenewswire
7.0
03-04Globenewswire
Fermi Inc. Shareholder Class Action Update
  • Litigation Background: Fermi Inc. is facing a securities class action lawsuit regarding its IPO, alleging that its executives and directors misrepresented the demand for 'Project Matador', leading to investor losses.
  • Key Event: On December 12, 2025, Fermi announced that its first tenant terminated a $150 million construction agreement, causing the stock price to plummet nearly 34% in one day, reflecting market concerns about the project's viability.
  • Stock Price Impact: By the time the lawsuit commenced, Fermi's stock had traded as low as $8.59 per share, representing a 59% decline from the IPO price of $21.00, indicating a severe lack of investor confidence in the company's future.
  • Legal Progress: Hagens Berman is actively investigating the case and encouraging affected investors to submit claims by March 6, 2026, suggesting that the legal risks faced by the company may further impact its market performance.
Benzinga
4.5
03-03Benzinga
Wall Street Plummets Amid Escalating Geopolitical Tensions
  • Oil Price Surge: The escalating conflict between the U.S., Israel, and Iran has driven West Texas Intermediate crude oil prices up by 6.4% to $75.8 per barrel, marking the largest two-day rally since March 2022, indicating heightened market concerns over energy supply disruptions.
  • Market Panic Intensifies: The CBOE Volatility Index surged by 6% to 22.74, reflecting increased investor fear regarding short-term market volatility, with all 11 S&P 500 sectors trading in the red, showcasing widespread market pressure.
  • Fed Policy Expectations Shift: Amid rising inflation fears, the 10-year Treasury yield climbed from 3.97% last Friday to approximately 4.06%, leading traders to reprice expectations for Fed rate cuts, now anticipating fewer chances of cuts in 2026.
  • Strong Dollar Impact: The U.S. dollar index is on track for its largest two-day gain since February 2023, resulting in significant declines in gold and silver prices, with spot gold falling 4.6% to around $5,080 per ounce and silver plummeting 7.8% to $82 per ounce, highlighting the dollar's pressure on commodity markets.
Globenewswire
7.0
03-03Globenewswire
Fermi Inc. Class Action Lawsuit Notice
  • Class Action Initiation: Investors in Fermi Inc. are notified that they can seek appointment as lead plaintiffs in a class action lawsuit related to its October 2025 IPO and securities acquired between October and December 2025, with a deadline of March 6, 2026.
  • IPO Details Disclosed: Fermi sold 37,375,000 shares at $21.00 each during its IPO; however, the lawsuit alleges that the company made false and misleading statements in its offering documents, resulting in significant investor losses.
  • Stock Price Plunge Impact: The lawsuit claims that after Fermi revealed on December 12, 2025, that its first tenant for Project Matador had terminated a $150 million funding agreement, the stock price plummeted nearly 34%, dropping from the IPO price of $21.00 to a low of $8.59, representing a 59% decline.
  • Legal Firm Overview: Robbins Geller Rudman & Dowd LLP is one of the world's leading class action law firms, having recovered over $916 million for investors in 2025, showcasing its strength in securities fraud and shareholder rights litigation.
Wall Street analysts forecast FRMI stock price to rise
8 Analyst Rating
Wall Street analysts forecast FRMI stock price to rise
8 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
20.00
Averages
30.25
High
37.00
Current: 0.000
sliders
Low
20.00
Averages
30.25
High
37.00
Berenberg
Andrew Fisher
Buy
downgrade
$37 -> $35
AI Analysis
2026-02-24
Reason
Berenberg
Andrew Fisher
Price Target
$37 -> $35
AI Analysis
2026-02-24
downgrade
Buy
Reason
Berenberg analyst Andrew Fisher lowered the firm's price target on Fermi to $35 from $37 and keeps a Buy rating on the shares. The firm says the company continues to provide a "high-exposure path" to the AI and data center theme.
Citizens
initiated
$30
2026-02-09
Reason
Citizens
Price Target
$30
2026-02-09
initiated
Reason
Citizens initiated coverage of Fermi with an Outperform rating and $30 price target. The firm views Fermi as a "differentiated" digital infrastructure real estate investment trust developing a large campus near Amarillo, Texas that combines high performance compute data center infrastructure with behind-the-meter power. Despite near-term volatility, "persistent" data center capacity constraints in the U.S. make leasing highly probable over the next couple of months, the analyst tells investors in a research note.
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Valuation Metrics

The current forward P/E ratio for Fermi Inc (FRMI.O) is --, compared to its 5-year average forward P/E of --. For a more detailed relative valuation and DCF analysis to assess Fermi Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
Current PE
NaN
Overvalued PE
Undervalued PE

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
Current EV/EBITDA
NaN
Overvalued EV/EBITDA
Undervalued EV/EBITDA

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
Current PS
NaN
Overvalued PS
Undervalued PS

Financials

AI Analysis
Annual
Quarterly

Whales Holding FRMI

O
OpenArc Corporate Advisory, LLC
Holding
FRMI
+0.72%
3M Return
P
Pentwater Capital Management LP
Holding
FRMI
-5.42%
3M Return

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Frequently Asked Questions

What is Fermi Inc (FRMI) stock price today?

The current price of FRMI is 8.1 USD — it has decreased -6.63

What is Fermi Inc (FRMI)'s business?

Fermi Inc. is an advanced energy and hyperscale development company purpose-built for the artificial intelligence (AI) era. The Company is engaged in the development of electric grids that deliver highly redundant power at a gigawatt scale, required to create artificial intelligence. Situated on a 5,236-acre site in Amarillo, Texas, Project Matador is secured by the Company pursuant to the Lease on land owned by the Texas Tech University System. Project Matador is designed to accommodate up to 6.0 gigawatt (GW) of nuclear capacity via 4.0 GW of bifurcated Westinghouse Reactors and 2.0 GW of small nuclear reactor (SMRs). Its HyperRedundant site is strategically located adjacent to natural gas fields in the United States that is within a high-radiance solar corridor, well-positioned for advanced nuclear development and supportive of multiple energy pathways including near-term natural gas power development.

What is the price predicton of FRMI Stock?

Wall Street analysts forecast FRMI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FRMI is30.25 USD with a low forecast of 20.00 USD and a high forecast of 37.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Fermi Inc (FRMI)'s revenue for the last quarter?

Fermi Inc revenue for the last quarter amounts to -37.78M USD, decreased

What is Fermi Inc (FRMI)'s earnings per share (EPS) for the last quarter?

Fermi Inc. EPS for the last quarter amounts to -5672770.00 USD, decreased

How many employees does Fermi Inc (FRMI). have?

Fermi Inc (FRMI) has 0 emplpoyees as of March 12 2026.

What is Fermi Inc (FRMI) market cap?

Today FRMI has the market capitalization of 5.33B USD.