Shares of Fermi Inc. (NASDAQ:FRMI – Get Free Report) have been assigned a consensus rating of “Buy” from the thirteen ratings firms that are covering the company, MarketBeat.com reports. One 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 given a strong buy recommendation to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $31.4444.
Several research analysts have weighed in on the stock. Citizens Jmp initiated coverage on shares of Fermi in a report on Monday, February 9th. They set a “market outperform” rating and a $30.00 price objective for the company. Weiss Ratings assumed coverage on shares of Fermi in a research note on Wednesday, December 24th. They issued a “sell (e+)” rating on the stock. Wall Street Zen upgraded Fermi to a “sell” rating in a research note on Saturday. Macquarie Infrastructure reissued an “outperform” rating and issued a $35.00 price objective on shares of Fermi in a report on Wednesday, November 12th. Finally, Citigroup started coverage on Fermi in a report on Monday, February 9th. They set an “outperform” rating on the stock.
View Our Latest Report on FRMI
Institutional Trading of Fermi
Key Headlines Impacting Fermi
Here are the key news stories impacting Fermi this week:
- Positive Sentiment: Texas clean-air permit approval for Project Matador — regulators granted a major air-quality permit (reported as the nation’s second-largest), supporting the project’s ability to move forward and likely reducing execution risk. Fermi stock surges 16% on Texas air quality permit approval
- Positive Sentiment: Structured credit facility secured for Project Matador — Fermi arranged senior secured financing to support the Matador build, which should help funding availability and reduce near-term capital uncertainty. Fermi Secures Structured Credit Facility for Project Matador
- Neutral Sentiment: Market commentary on valuation and momentum — several write-ups question whether FRMI remains a buy after a 26–31% weekly surge; these pieces frame the stock as volatile but don’t add direct new facts. Is It Too Late To Consider Fermi (FRMI) After Recent 26% Weekly Surge?
- Neutral Sentiment: Analysis links lawsuits and broader energy policy — coverage notes Fermi is weighing litigation amid shifting funding dynamics (e.g., nuclear funding momentum), which could influence strategic options but is not an immediate balance-sheet item. Fermi Weighs Project Matador Lawsuits Against New Nuclear Funding Momentum
- Negative Sentiment: Multiple securities class-action notices filed/issued — several national plaintiff firms have launched or circulated notices alleging Fermi misrepresented demand for Project Matador and the stability of an anchor tenant; March 6 lead-plaintiff deadlines concentrate legal attention and could lead to costly litigation or disclosures. FRMI 1-WEEK DEADLINE ALERT: Fermi Inc. Facing Securities Class Action – Hagens Berman
- Negative Sentiment: Allegations tied to a cancelled $150M customer agreement — several filings and alerts highlight the cancelled agreement as a central claim; that disclosure appears to have triggered part of the recent sell-off and raises questions about revenue visibility. FRMI Investor Alert: Securities Fraud Class Action Focuses on Cancellation of $150M Agreement
- Negative Sentiment: Short-term profit-taking after recent rally — traders appear to be locking gains following a rapid run-up, amplifying downward moves amid the legal headlines. Fermi (FRMI) Loses 8% to Profit-Taking After 31% Jump
Fermi Stock Performance
Fermi stock opened at $9.97 on Friday. Fermi has a 52 week low of $7.18 and a 52 week high of $36.99. The stock has a market cap of $6.12 billion and a PE ratio of -11.87. The firm’s 50 day simple moving average is $9.15.
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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