Fermi (NASDAQ:FRMI) Coverage Initiated by Analysts at Citizens Jmp

Citizens Jmp initiated coverage on shares of Fermi (NASDAQ:FRMI) in a report published on Monday, Marketbeat.com reports. The brokerage issued a market outperform rating and a $30.00 target price on the stock.

Several other brokerages have also recently issued reports on FRMI. Texas Capital upgraded Fermi to a “strong-buy” rating in a research note on Tuesday, January 20th. Evercore set a $37.00 target price on Fermi and gave the stock an “outperform” rating in a research report on Monday, October 27th. Macquarie Infrastructure reissued an “outperform” rating and set a $35.00 price target on shares of Fermi in a research report on Wednesday, November 12th. UBS Group began coverage on Fermi in a research note on Monday, October 27th. They set a “buy” rating and a $30.00 price objective on the stock. Finally, Rothschild & Co Redburn set a $31.00 target price on shares of Fermi in a research note on Monday, October 27th. Three research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $31.44.

Fermi Price Performance

FRMI opened at $8.69 on Monday. The business has a 50-day moving average of $9.94. The company has a market cap of $5.34 billion and a P/E ratio of -10.35. Fermi has a 1-year low of $7.18 and a 1-year high of $36.99.

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

Hedge Funds Weigh In On Fermi

Hedge funds and other institutional investors have recently modified their holdings of the company. Geode Capital Management LLC bought a new position in shares of Fermi during the fourth quarter worth about $5,491,000. Axxcess Wealth Management LLC acquired a new position in Fermi during the 4th quarter valued at about $604,000. Leonteq Securities AG bought a new position in Fermi in the 4th quarter worth about $30,000. PNC Financial Services Group Inc. acquired a new stake in shares of Fermi in the fourth quarter valued at approximately $36,000. Finally, HighTower Advisors LLC acquired a new position in shares of Fermi during the fourth quarter worth approximately $95,000.

Key Fermi News

Here are the key news stories impacting Fermi this week:

• Positive Sentiment: Citizens Jmp initiated coverage with a “market outperform” rating and a $30 price target, giving investors a bullish valuation narrative that can support near‑term buying interest. Citizens Jmp Initiates Coverage
• Positive Sentiment: Fermi America announced the arrival of six Siemens SGT‑800 gas turbines for Project Matador — a visible execution milestone for the campus power buildout that reduces some operational execution risk tied to energy supply for its AI/data center strategy. Fermi America Announces Arrival of 6 Siemens Energy SGT-800 Gas Turbines
• Negative Sentiment: Hagens Berman highlights allegations that Fermi misrepresented demand for Project Matador and that an anchor tenant allegedly exited, referencing potential ~$150M impact—this specific allegation directly threatens revenue projections and investor confidence. Hagens Berman Scrutinizing Suit Against Fermi
• Negative Sentiment: Multiple national plaintiffs’ firms (DJS Law Group, Schall, Glancy, Robbins Geller, Berger Montague, Faruqi & Faruqi, Bragar Eagel & Squire, Bronstein Gewirtz & Grossman, BFA, Portnoy, etc.) have filed or are soliciting lead‑plaintiff claims tied to the October 2025 IPO and October–December 2025 trading — increasing the odds of consolidated litigation, higher defense costs, and potential settlements. Fermi Inc. Sued for Securities Law Violations
• Negative Sentiment: Several notices cite a prior ~33% stock drop tied to a customer agreement and allege securities fraud — press coverage framing the drop as the basis for claims can amplify selling pressure and increase class size. FRAUD ALERT: Fermi Inc. Hit with Securities Fraud Allegations

About Fermi

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.