Fermi Inc. (FRMI)

NASDAQ: FRMI · Real-Time Price · USD
9.97
-0.88 (-8.11%)
At close: Feb 27, 2026, 4:00 PM EST
10.10
+0.13 (1.30%)
After-hours: Feb 27, 2026, 7:56 PM EST
-8.11%
Market Cap 6.26B
Revenue (ttm) n/a
Net Income (ttm) n/a
Shares Out 628.34M
EPS (ttm) n/a
PE Ratio n/a
Forward PE 54.36
Dividend n/a
Ex-Dividend Date n/a
Volume 7,595,412
Open 10.59
Previous Close 10.85
Day's Range 9.68 - 10.60
52-Week Range 7.18 - 36.99
Beta n/a
Analysts Strong Buy
Price Target 29.50 (+195.89%)
Earnings Date Mar 30, 2026

About FRMI

Fermi Inc. is pioneering the development of next-generation private 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, 11 GW next-gen private grid. The behind-the-meter Project Matador camp... [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 Forecast

According to 8 analysts, the average rating for FRMI stock is "Strong Buy." The 12-month stock price target is $29.5, which is an increase of 195.89% from the latest price.

Price Target
$29.5
(195.89% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

1 day ago - Newsfile Corp

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...

2 days ago - PRNewsWire

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...

3 days ago - PRNewsWire

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% ...

Other symbols: AHHCBLCOLDMACNLOP
4 days ago - Seeking Alpha

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 ...

5 days ago - GlobeNewsWire

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...

8 days ago - PRNewsWire

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...

9 days ago - Seeking Alpha

$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...

9 days ago - GlobeNewsWire

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...

10 days ago - PRNewsWire

REIT Replay: Office REIT Stocks Plummet In Recent Week Amid Growing AI Fears

REIT Replay: Office REIT Stocks Plummet In Recent Week Amid Growing AI Fears

Other symbols: AMTCCICUZEQIXHIWHPPIRM
10 days ago - Seeking Alpha

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...

16 days ago - PRNewsWire

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

17 days ago - GlobeNewsWire

FRMI INVESTOR ACTION NOTICE: Hagens Berman Encourages Investors in Fermi (FRMI) to Contact Firm

SAN FRANCISCO, Feb. 10, 2026 /PRNewswire/ -- National shareholder rights law firm Hagens Berman is issuing an updated notice to investors in Fermi Inc. (NASDAQ: FRMI) regarding the March 6, 2026, lead...

17 days ago - PRNewsWire

Leading Global Power and Infrastructure Financial Institution MUFG Backs Fermi America™ with $500 Million Equipment Loan to Accelerate 11GW Private Energy Campus

MUFG Boasts Deep Experience Supporting Large-Scale Energy Projects Worldwide Prepares Fermi America to Deliver on First 2.3GW of Power in Years Ahead AMARILLO, Texas, Feb. 10, 2026 /PRNewswire/ -- Fer...

Other symbols: MUFG
17 days ago - PRNewsWire

$FRMI STOCK LOSS NOTICE: Fermi Inc. Sued for Securities Fraud over Customer Agreement Cancellation, Investors Urged to Contact BFA Law

New York, New York--(Newsfile Corp. - February 10, 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

REIT Replay: U.S. REIT Indexes Climb During 1st Week Of February

Indexes for US equity real estate investment trusts climbed during the first week of February, outperforming the S&P 500. The Dow Jones Equity All REIT index closed the recent week up 2.32%, while the...

Other symbols: AMTBDNCCIDRHHPPLANDOUT
19 days ago - Seeking Alpha

Fermi America Announces Arrival of 6 Siemens Energy SGT-800 Gas Turbines at Port of Houston, Marking Major Milestone in Natural Gas Power Timeline

6 SGT-800 Gas Turbines Will Provide Approximately One Third of the First Gigawatt of Power Produced at Project Matador Gas Turbine Power Equipment Required 160+ Ton Crane and Over 36 Oversized/Heavy L...

19 days ago - PRNewsWire

Fermi Inc. (NASDAQ:FRMI) Accused of Securities Fraud after Stock Drops 33% -- Contact BFA Law before March 6

NEW YORK, Feb. 07, 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 th...

21 days ago - GlobeNewsWire

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),...

26 days 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 ...

26 days 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 ...

4 weeks 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 weeks 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 ...

4 weeks 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),...

4 weeks 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...

5 weeks ago - GlobeNewsWire