Fermi Inc. (NASDAQ:FRMI – Get Free Report) has received a consensus rating of “Moderate Buy” from the eleven brokerages that are covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, seven have given a buy recommendation and two have issued a strong buy recommendation on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $31.5556.
FRMI has been the topic of several analyst reports. Evercore ISI set a $37.00 price objective on Fermi and gave the stock an “outperform” rating in a research report on Monday, October 27th. Rothschild Redb raised shares of Fermi to a “strong-buy” rating in a report on Monday, October 27th. Mizuho started coverage on shares of Fermi in a research report on Monday, October 27th. They set an “outperform” rating and a $27.00 price target on the stock. Redburn Partners set a $31.00 price objective on shares of Fermi in a report on Monday, October 27th. Finally, Macquarie reissued an “outperform” rating and set a $35.00 target price on shares of Fermi in a research note on Wednesday, November 12th.
Check Out Our Latest Report on FRMI
Institutional Investors Weigh In On Fermi
Fermi Stock Performance
Shares of NASDAQ FRMI opened at $9.71 on Friday. The firm has a market capitalization of $5.96 billion and a P/E ratio of -11.56. The business has a 50-day simple moving average of $13.30. Fermi has a fifty-two week low of $7.28 and a fifty-two week high of $36.99.
Fermi (NASDAQ:FRMI – Get Free Report) last announced its quarterly earnings data on Monday, November 10th. The company reported ($0.84) earnings per share for the quarter.
Fermi News Summary
Here are the key news stories impacting Fermi this week:
- Neutral Sentiment: Crypto-related “Fermi” upgrade coverage (BNB Chain) is unrelated to Fermi Inc.’s business and litigation but may cause name‑confusion in headlines/searches. BNB Prices Rises 2% Ahead of BNB Chain’s Fermi Upgrade to Boost Speed
- Negative Sentiment: Proposed class action and investigation by Hagens Berman highlights the core allegation: Fermi’s IPO materials and subsequent disclosures misled investors about the “First Tenant” and $150M funding tied to Project Matador — the allegation triggered the initial stock drop and is the primary driver of continued downside pressure. Fermi Inc. (FRMI) Slapped With Securities Class Action Over IPO And Subsequent Disclosures — Hagens Berman
- Negative Sentiment: Multiple national plaintiffs’ firms (Bleichmar Fonti & Auld, Levi & Korsinsky, Bragar Eagel & Squire, Pomerantz, Robbins Geller, Glancy, Faruqi & Faruqi, Bronstein Gewirtz & Grossman, others) have filed suits or are soliciting investors — amplifying litigation risk and increasing odds of consolidated, high‑profile litigation and potential discovery of additional disclosures. Investors are being urged to act before March 6, 2026. FRMI FRAUD NOTICE: BFA Law Notifies Fermi Inc. Investors that the Company was Sued for Fraud and to Contact the Firm by March 6 Class Action Deadline
- Negative Sentiment: Additional firm notices/reminders (GlobeNewswire, PR Newswire) reinforce the same message: broad investor outreach, looming deadlines, and continued media/legal scrutiny — all of which commonly pressure share prices via retail and institutional selling and increase the company’s potential legal costs and management distraction. FERMI CLASS ACTION REMINDER: Bragar Eagel & Squire, P.C. Urges Fermi, Inc. Stockholders to Contact the Firm Regarding Their Rights Before March 6th
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.
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