Fermi Inc. (FRMI) – What Are Investment Firms Saying About This Stock?

Fermi Inc. (NASDAQ:FRMI) has earned a consensus rating of “Moderate Buy” from the nine brokerages that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, five have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $13.83.

A number of research firms have commented on FRMI. Weiss Ratings downgraded Fermi from a “sell (d-)” rating to a “sell (e+)” rating in a report on Friday, August 14th. Cantor Fitzgerald lowered their price target on Fermi from $12.00 to $8.00 and set an “overweight” rating for the company in a report on Friday, October 16th. Finally, Mizuho dropped their price target on Fermi from $27.00 to $11.00 and set an “outperform” rating on the stock in a research report on Tuesday, July 28th.

Fermi Trading Up 13.8%

NASDAQ:FRMI opened at $2.06 on Friday. Fermi has a one year low of $1.44 and a one year high of $21.74. The stock has a 50-day simple moving average of $3.63 and a 200 day simple moving average of $6.16.

Fermi (NASDAQ:FRMI) last announced its quarterly earnings data on Thursday, November 12th. The company reported ($0.22) earnings per share for the quarter, missing the consensus estimate of ($0.07) by ($0.15). Equities research analysts predict that Fermi will post -0.33 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Fermi news, major shareholder Toby Neugebauer sold 5,000,000 shares of the business’s stock in a transaction on Thursday, November 5th. The shares were sold at an average price of $1.52, for a total transaction of $7,600,000.00. Following the completion of the sale, the insider owned 84,813,010 shares in the company, valued at $128,915,775.20. The trade was a 5.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders have sold a total of 12,125,749 shares of company stock valued at $28,639,969 over the last three months. Insiders own 2.83% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. NewEdge Advisors LLC grew its position in shares of Fermi by 22.5% during the 2nd quarter. NewEdge Advisors LLC now owns 11,431 shares of the company’s stock valued at $105,000 after buying an additional 2,101 shares during the last quarter. Integrated Wealth Concepts LLC bought a new position in Fermi in the second quarter worth about $41,000. Farther Finance Advisors LLC boosted its stake in Fermi by 139.1% in the third quarter. Farther Finance Advisors LLC now owns 10,456 shares of the company’s stock valued at $44,000 after acquiring an additional 6,083 shares during the period. GW&K Investment Management LLC boosted its stake in Fermi by 128.4% in the third quarter. GW&K Investment Management LLC now owns 11,748 shares of the company’s stock valued at $49,000 after acquiring an additional 6,604 shares during the period. Finally, HighTower Advisors LLC boosted its stake in Fermi by 9.6% in the third quarter. HighTower Advisors LLC now owns 77,568 shares of the company’s stock valued at $327,000 after acquiring an additional 6,816 shares during the period.

Fermi News Roundup

These are some of the FRMI news items that stood out recently:

• Positive Sentiment: An unnamed investment-grade hyperscaler committed $200 million toward 600 MW at Project Matador, and Fermi secured a separate $15 million agreement for early construction and site-development work. The news offers progress toward attracting customers and funding the project. Fermi Inc. stock and Project Matador hyperscaler commitment
• Neutral Sentiment: Management’s earnings call highlighted potential hyperscaler growth, but also acknowledged risks; the new commitment may help offset the termination of a previously reported $6.5 billion deal. Fermi earnings call signals hyperscaler growth despite risks Fermi’s new AI deal softens the blow of a $6.5 billion setback
• Negative Sentiment: Fermi reported a Q3 loss of $0.22 per share, missing analyst estimates of roughly $0.07–$0.08 per share. The earnings shortfall could weigh on sentiment, particularly alongside the loss of the larger deal. Fermi Q3 earnings flash

About Fermi

Fermi Inc. develops energy and data-center infrastructure intended to support artificial intelligence and other high-performance computing needs. Its business centers on planning and building integrated campuses that pair large-scale power resources with data-center facilities. The company’s flagship development is Project Matador, a planned campus in the Texas Panhandle near Amarillo. The project is designed to combine data centers with a mix of power-generation and energy-storage resources; it remains a development project rather than an established portfolio of operating facilities.