Fermi (NASDAQ:FRMI) Given New $8.00 Price Target at UBS Group

Fermi (NASDAQ:FRMI) had its price target decreased by UBS Group from $30.00 to $8.00 in a report published on Wednesday,Benzinga reports. UBS Group currently has a buy rating on the stock.

Several other research analysts have also recently commented on the company. Citizens Jmp started coverage on Fermi in a research note on Monday, February 9th. They set a “market outperform” rating and a $30.00 target price for the company. Weiss Ratings reiterated a “sell (e+)” rating on shares of Fermi in a research note on Monday, March 23rd. Wall Street Zen downgraded Fermi from a “hold” rating to a “sell” rating in a research report on Saturday, March 28th. Citigroup began coverage on shares of Fermi in a report on Monday, February 9th. They issued an “outperform” rating on the stock. Finally, Texas Capital upgraded shares of Fermi to a “strong-buy” rating in a research note on Tuesday, January 20th. Three equities 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 given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $29.00.

Fermi Stock Down 8.0%

Fermi stock opened at $5.37 on Wednesday. Fermi has a twelve month low of $4.63 and a twelve month high of $36.99. The stock’s fifty day moving average is $8.55. The stock has a market capitalization of $3.38 billion and a price-to-earnings ratio of -6.39.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Axxcess Wealth Management LLC acquired a new stake in shares of Fermi during the 4th quarter worth about $604,000. ANTIPODES PARTNERS Ltd acquired a new position in Fermi in the fourth quarter valued at approximately $465,000. Empire Life Investments Inc. purchased a new position in Fermi in the fourth quarter valued at approximately $5,611,000. SBI Securities Co. Ltd. purchased a new position in Fermi in the fourth quarter valued at approximately $41,000. Finally, WJ Financial Advisors LLC acquired a new stake in Fermi during the fourth quarter worth approximately $167,000.

Fermi News Summary

Here are the key news stories impacting Fermi this week:

• Positive Sentiment: Major committed financing pushes Project Matador forward — Fermi America secured a ~$156M committed facility (part of a series of financings that management says pushes total committed financing above $1B), improving project funding visibility. Fermi America Secures $156.25 Million Committed Financing Facility from Yorkville Advisors
• Positive Sentiment: Equipment financing to accelerate build-out — a $165M equipment financing facility was arranged to accelerate delivery of six gas turbines for 2028, reducing a potential procurement/timing bottleneck for the company’s private grid build. Fermi America secures $165 million equipment financing facility
• Neutral Sentiment: Small Q4 EPS beat but no revenue — Fermi reported (non‑GAAP) EPS slightly better than estimates (beat by $0.01) despite continuing zero revenue, which shows expense control but does not resolve top‑line or commercialization risk. Fermi Inc. quarterly earnings
• Neutral Sentiment: Positive messaging on Q4 operational progress — company and some trade pieces highlight “stellar” Q4 performance for Fermi America as a private‑grid pioneer, which supports the growth narrative but lacks clear customer contracts. Fermi America Delivers Stellar Q4 2025 Performance
• Negative Sentiment: Large UBS price‑target cut signals weaker analyst conviction — UBS lowered its target dramatically from $30 to $8 (while keeping a buy rating), a move that likely pressured sentiment and contributed to selling. UBS price target cut coverage
• Negative Sentiment: Customer and revenue risk persists — coverage notes Project Matador still lacks signed customers and the company reports zero revenue and a large accumulated loss, keeping execution and commercial risk front‑of‑mind for investors. MSN: zero revenue and a $486M loss
• Negative Sentiment: Project Matador customer doubts highlighted by press — additional coverage flags that Matador still lacks customers, reinforcing worries that financing alone won’t convert to cash flow without contract wins. MarketWatch: Matador still lacks customers

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.