Fermi Inc. (FRMI)
| Market Cap | 6.05B |
| Revenue (ttm) | n/a |
| Net Income (ttm) | -718.38M |
| Shares Out | 637.57M |
| EPS (ttm) | -1.18 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 30,518,755 |
| Open | 8.52 |
| Previous Close | 8.80 |
| Day's Range | 8.48 - 9.62 |
| 52-Week Range | 4.47 - 36.99 |
| Beta | n/a |
| Analysts | Buy |
| Price Target | 19.00 (+100.21%) |
| Earnings Date | Jul 28, 2026 |
About FRMI
Fermi Inc. engages in the development of private power campus for AI-centric customers in the United States. The company also develops, owns, and leases grid-independent energy generation and high-performance computing campuses; develops and operates integrated power generation and computing infrastructure. It also engages in acquisition of land, permitting, construction, and long-term leases. The company was founded and incorporated on January 10th, 2025 is headquartered in Amarillo, Texas, USA. [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for FRMI stock is "Buy." The 12-month stock price target is $19.0, which is an increase of 100.21% from the latest price.
News
NEUGEBAUER PROPOSES HISTORIC TOWN HALL WEBINAR WITH FERMI CO-FOUNDERS GOVERNOR RICK PERRY AND SON GRIFFIN PERRY ON JUNE 30--SO SHAREHOLDERS CAN HEAR FIRST-HAND EACH PARTY'S VIEWS ON THE PAST, PRESENT, AND FUTURE OF THE COMPANY
Neugebauer Calls for Leading Analysts, Journalists, and Industry Experts Regularly Covering Fermi Who Know It Best Ask the Tough Questions — So Shareholders Have All the Facts Before Voting DALLAS, Ju...
Fermi Inc. Selects TSK, Spain's Largest EPC Firm, to Deliver Early Works Engineering for Three Siemens SGT6-5000F Turbines
Agreement accelerates engineering and permitting activities for Project Matador's second phase buildout DALLAS, June 25, 2026 /PRNewswire/ -- Fermi Inc. (NASDAQ: FRMI) (LSE: FRMI), operating as Fermi ...
Neugebauer Highly Confident Tenant Will Be Announced Soon
We have so many choices – let's choose the best one Assuming it's the same group Neugebauer told market they were contracting on the earnings call before Toby was terminated, the family likes that ten...
Fermi America Tells Texas Lawmakers Project Matador Will Push the Frontier of AI Compute While Setting a New Standard for Water Stewardship
In testimony before the House Natural Resources Committee, Chief Site Development Officer Charlie Hamilton details an advanced cooling and reuse strategy engineered to use roughly 80 percent less wate...
Fermi price target lowered to $17 from $29 at Stifel
Stifel lowered the firm’s price target on Fermi (FRMI) to $17 from $29 and keeps a Buy rating on the shares. Following months of uncertainty since the IPO, Fermi has…
Fermi Inc. Common Stock put volume heavy and directionally bearish
Bearish flow noted in Fermi (FRMI) Inc. Common Stock with 18,185 puts trading, or 7x expected. Most active are 6/26 weekly 8.5 puts and Dec-26 7.5 calls, with total volume…
Fermi's Former CEO Toby Neugebauer Makes More False Claims and Inaccurate Statements
Mr. Neugebauer's Pattern of Falsehoods Reinforce that He Cannot be Trusted to Oversee Fermi; His Gaining Control of the Company Would Jeopardize Shareholder Value Fermi Urges Shareholders to Return th...
Fermi Proxy statement: Proxy filing
Fermi filed a proxy statement on June 22, 2026, providing details for shareholder voting and corporate governance matters.
Double Eagle says no interest in pursuing Fermi proposal
Double Eagle Energy said that it has been made aware of an open letter published by Toby Neugebauer proposing that John Sellers, a Double Eagle principal, serve as chairman of…
Why Is Data Center Developer Fermi Stock (FRMI) Up 50% in 5 Days?
Shares in data center developer Fermi ($FRMI) have jumped by 49.48% over the past five days. This came amid rumors that startup OpenAI was considering a lease agreement for Project…
Fermi Proxy statement: Proxy filing
Fermi filed a proxy statement on June 15, 2026, providing details for shareholder voting and corporate governance matters.
Fermi Files Definitive Consent Revocation Statement and Mails Letter to Shareholders
No Special Meeting of Shareholders Has Been Called Toby Neugebauer Currently Does Not Have the Required Support to Call a Special Meeting of Shareholders Board Urges All Fermi Shareholders to Protect ...
Fermi Proxy statement: Proxy filing
Fermi filed a proxy statement on June 12, 2026, providing details for shareholder voting and corporate governance matters.
Fermi Stock (FRMI) Soars on Strong AI Data Center Hopes
Fermi stock was up on Wednesday alongside positive comments concerning the company’s AI data center plans.
Fermi jumps with OpenAI reportedly in talks for Ohio data center
Shares of Fermi (FRMI) are up sharply on Wednesday after a new report on OpenAI’s data center plans sparked optimism about large scale power ready campuses and accelerated leasing timelines.
OpenAI Ohio lease talks positive for Fermi, says Citizens
Citizens views The Information’s report that OpenAI is in talks talks to lease a 10-gigawatt data center in Ohio through funding provided by Nvidia (NVDA) bodes well for Fermi (FRMI).
Fermi jumps 14% after Citizens comments on OpenAI Ohio talks
The stock in midday trading is up 78c to $6.40.
Fermi Proxy statement: Proxy filing
Fermi filed a proxy statement on June 10, 2026, providing details for shareholder voting and corporate governance matters.
Fermi Proxy statement: Proxy filing
Fermi filed a proxy statement on June 3, 2026, providing details for shareholder voting and corporate governance matters.
Fermi Transcript: Investor update
A special shareholder meeting is being called to elect a new board and launch a dual-track process to maximize value, addressing governance concerns and market risks. Project Matador's unique assets and execution attract strong buyer interest, with a focus on speed and shareholder democracy.
Fermi files preliminary consent revocation statement
Fermi (FRMI) filed a preliminary Consent Revocation Statement with the SEC on May 15. The Revocation Statement responds to former CEO Toby Neugebauer’s preliminary consent solicitation, in which Neuge...
Fermi Files Preliminary Consent Revocation Statement
Board is Committed to Acting in the Best Interests of Fermi Shareholders and Cites Strong Momentum Behind Fermi 2.0 DALLAS, May 18, 2026 /PRNewswire/ -- Fermi Inc. (NASDAQ: FRMI) (LSE: FRMI), operatin...
Fermi Proxy statement: Proxy filing
Fermi filed a proxy statement on May 18, 2026, providing details for shareholder voting and corporate governance matters.
Fermi Proxy statement: Proxy filing
Fermi filed a proxy statement on May 15, 2026, providing details for shareholder voting and corporate governance matters.