Fermi Inc. (NASDAQ:FRMI – Get Free Report) has been given a consensus recommendation of “Buy” by the thirteen ratings firms that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, eight have assigned a buy recommendation and three have assigned a strong buy recommendation to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $31.4444.
A number of brokerages recently commented on FRMI. Stifel Nicolaus started coverage on Fermi in a report on Monday, October 27th. They set a “buy” rating and a $29.00 target price for the company. Weiss Ratings started coverage on shares of Fermi in a research note on Wednesday, December 24th. They issued a “sell (e+)” rating for the company. Cantor Fitzgerald restated an “overweight” rating on shares of Fermi in a report on Wednesday, November 12th. Zacks Research raised shares of Fermi to a “hold” rating in a research note on Tuesday, October 28th. Finally, Berenberg Bank started coverage on shares of Fermi in a research report on Monday, October 27th. They issued a “buy” rating and a $37.00 price target for the company.
Check Out Our Latest Stock Report on FRMI
More Fermi News
- Positive Sentiment: MUFG provides $500 million senior secured, non‑recourse equipment facility to Fermi America to help finance Project Matador’s AI data center campus — a material financing that de-risks near-term buildout funding. Leading Global Power and Infrastructure Financial Institution MUFG Backs Fermi America™ with $500 Million Equipment Loan to Accelerate 11GW Private Energy Campus
- Positive Sentiment: Major construction milestone: six Siemens SGT‑800 gas turbines have arrived (first ~1GW of power), showing tangible progress on Project Matador’s power timeline and operational readiness. Fermi America Announces Arrival of 6 Siemens Energy SGT-800 Gas Turbines at Port of Houston, Marking Major Milestone in Natural Gas Power Timeline
- Positive Sentiment: Analyst initiation: Citizens JMP starts coverage with a Market Outperform rating and $30 price target, signaling institutional bullishness on FRMI’s long‑term potential. Citizens Initiates Coverage of Fermi (FRMI) with Market Outperform Recommendation
- Neutral Sentiment: Reported short‑interest data appears inconsistent (shows 0 shares / 0 days-to-cover), likely a data anomaly — monitor short interest releases for any future squeeze risk.
- Neutral Sentiment: Local updates note Fermi America is awaiting TCEQ permits for the Amarillo site — regulatory timing remains a gating item but is standard for large energy projects. Sitting down with Fermi America as they await TCEQ permits
- Negative Sentiment: Multiple plaintiff firms have filed or are soliciting investors for securities class actions alleging misrepresentations about demand for Project Matador and the stability/cancellation of a major anchor‑tenant agreement; firms cite potential investor losses and March 6 lead‑plaintiff deadlines — this legal wave increases downside risk, potential liabilities and headline volatility. FRMI INVESTOR ACTION NOTICE: Hagens Berman Encourages Investors in Fermi (FRMI) to Contact Firm $FRMI STOCK LOSS NOTICE: Fermi Inc. Sued for Securities Fraud over Customer Agreement Cancellation
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Leonteq Securities AG purchased a new stake in Fermi during the 4th quarter worth about $30,000. PNC Financial Services Group Inc. acquired a new position in shares of Fermi during the fourth quarter worth about $36,000. Aspect Partners LLC acquired a new position in shares of Fermi during the fourth quarter worth about $38,000. SBI Securities Co. Ltd. purchased a new stake in shares of Fermi during the fourth quarter worth approximately $41,000. Finally, Prime Capital Investment Advisors LLC acquired a new stake in Fermi in the fourth quarter valued at approximately $84,000.
Fermi Price Performance
Fermi stock opened at $9.40 on Wednesday. The firm has a market cap of $5.77 billion and a P/E ratio of -11.19. Fermi has a fifty-two week low of $7.18 and a fifty-two week high of $36.99. The firm has a 50 day moving average of $9.82.
Fermi (NASDAQ:FRMI – Get Free Report) last released its quarterly earnings results on Monday, November 10th. The company reported ($0.84) EPS for the quarter.
Fermi Company Profile
Fermi’s mission is to power the artificial intelligence (“AI”) needs of tomorrow. We are an advanced energy and hyperscaler development company purpose-built for the AI era. Our mission is to deliver up to 11 gigawatts (“GW”) of low-carbon, HyperRedundant™, and on-demand power directly to the world’s most compute-intensive businesses with 1.1 GW of power projected to be online by the end of 2026. We have entered into a long-term lease on a site large enough to simultaneously house the next three largest data center campuses by square footage currently in existence.
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