Fermi (NASDAQ:FRMI) Upgraded at Texas Capital

Texas Capital upgraded shares of Fermi (NASDAQ:FRMI) to a strong-buy rating in a research note published on Tuesday,Zacks.com reports.

FRMI has been the subject of a number of other reports. Redburn Partners set a $31.00 price target on Fermi in a report on Monday, October 27th. Macquarie reaffirmed an “outperform” rating and set a $35.00 target price on shares of Fermi in a research report on Wednesday, November 12th. Berenberg Bank initiated coverage on Fermi in a research note on Monday, October 27th. They set a “buy” rating and a $37.00 price target for the company. Rothschild & Co Redburn started coverage on Fermi in a research note on Monday, October 27th. They set a “buy” rating and a $31.00 price objective on the stock. Finally, UBS Group started coverage on Fermi in a research note on Monday, October 27th. They issued a “buy” rating and a $30.00 target price on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Fermi currently has an average rating of “Buy” and a consensus price target of $31.56.

Fermi Price Performance

NASDAQ:FRMI opened at $9.20 on Tuesday. Fermi has a fifty-two week low of $7.28 and a fifty-two week high of $36.99. The firm’s 50 day moving average price is $11.72. The firm has a market cap of $5.65 billion and a P/E ratio of -10.95.

Fermi (NASDAQ:FRMI) last posted its quarterly earnings data on Monday, November 10th. The company reported ($0.84) EPS for the quarter.

Hedge Funds Weigh In On Fermi

Several large investors have recently modified their holdings of the business. Prime Capital Investment Advisors LLC bought a new stake in shares of Fermi in the fourth quarter valued at approximately $84,000. Nisa Investment Advisors LLC bought a new position in Fermi in the 4th quarter worth approximately $423,000. Finally, ORG Wealth Partners LLC purchased a new position in Fermi in the 4th quarter valued at approximately $151,000.

Key Headlines Impacting Fermi

Here are the key news stories impacting Fermi this week:

• Positive Sentiment: Texas Capital analysts upgraded Fermi to a “strong‑buy,” a near‑term positive catalyst that can support buying interest and help explain upside momentum. Texas Capital upgrade reported via Zacks
• Neutral Sentiment: Unrelated press: a leadership change at Fermilab (the government lab) appeared in news feeds; this is likely name‑confusion for some readers and not material to Fermi Inc.’s business or finances. Physicist Norbert Holtkamp takes over as head of Fermilab
• Negative Sentiment: Multiple national plaintiffs’ firms have filed or notified investors of securities class actions alleging misleading IPO disclosures and other securities law violations; many notices point to an investor lead‑plaintiff deadline around March 6, 2026. This broad legal attention raises potential litigation expense, distraction for management, and risk of future settlements or judgments. Levi & Korsinsky class action notice
• Negative Sentiment: A cluster of firms (Hagens Berman, Berger Montague, Bernstein Liebhard, Pomerantz, Faruqi, BFA, Schall, Robbins Geller, and others) are actively soliciting IPO and post‑IPO investors—several allege the company misled investors about tenant demand and financing for its Project Matador AI campus; media coverage also highlights a prior ~33% stock plunge tied to these concerns. That narrative increases uncertainty around future fundraising, reputation, and share performance. Hagens Berman Project Matador notice

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.