Fermi Target of Unusually Large Options Trading (NASDAQ:FRMI)

Fermi Inc. (NASDAQ:FRMI) was the target of unusually large options trading on Thursday. Stock investors purchased 19,659 call options on the company. This represents an increase of approximately 58% compared to the typical volume of 12,448 call options.

Analyst Ratings Changes

FRMI has been the topic of a number of recent research reports. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Fermi in a research report on Wednesday, November 12th. Stifel Nicolaus started coverage on shares of Fermi in a report on Monday, October 27th. They set a “buy” rating and a $29.00 target price on the stock. UBS Group initiated coverage on Fermi in a report on Monday, October 27th. They issued a “buy” rating and a $30.00 price target for 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 price objective on the stock. Finally, Mizuho began coverage on Fermi in a research report on Monday, October 27th. They issued an “outperform” rating and a $27.00 target price for the company. Three equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Fermi currently has an average rating of “Buy” and a consensus target price of $31.44.

Fermi Price Performance

Shares of FRMI stock opened at $10.29 on Friday. The business has a fifty day moving average price of $9.49. The firm has a market cap of $6.32 billion and a price-to-earnings ratio of -12.25. Fermi has a 12 month low of $7.18 and a 12 month high of $36.99.

Institutional Investors Weigh In On Fermi

Hedge funds have recently bought and sold shares of the business. Leonteq Securities AG acquired a new position in shares of Fermi in the 4th quarter valued at approximately $30,000. PNC Financial Services Group Inc. bought a new stake in shares of Fermi in the fourth quarter worth $36,000. Aspect Partners LLC bought a new stake in shares of Fermi in the fourth quarter worth $38,000. SBI Securities Co. Ltd. acquired a new stake in Fermi in the fourth quarter valued at $41,000. Finally, Prime Capital Investment Advisors LLC acquired a new stake in Fermi in the fourth quarter valued at $84,000.

Fermi News Summary

Here are the key news stories impacting Fermi this week:

• Positive Sentiment: Company announced a $500M capital raise that prompted a strong market reaction, supporting liquidity and near?term funding for its projects. Read More.
• Positive Sentiment: Fermi deepened its strategic partnership with Hyundai E&C to advance large?scale nuclear construction tied to Project Matador — a core growth narrative for the company. Read More.
• Positive Sentiment: Evercore ISI issued a buy rating on FRMI, giving institutional endorsement that can attract demand from investors. Read More.
• Positive Sentiment: Unusual options activity showed elevated call buying, indicating short?term bullish positioning among some traders (may amplify intraday upside).
• Neutral Sentiment: Reported short?interest figures in recent feeds appear anomalous (zeros/NaN); data quality issues make it hard to read short?seller positioning right now.
• Neutral Sentiment: Several market writeups and stock?comparison pieces are circulating that reexamine Fermi after recent volatility; these provide additional but mixed context for investors. Read More.
• Negative Sentiment: A large number of law firms have filed or solicited lead?plaintiff interest in securities class actions alleging Fermi misled investors about demand for Project Matador and a key anchor?tenant situation; deadlines to seek lead plaintiff are March 6, 2026. Such litigation risk can pressure the stock and create distraction/costs. Read More. Read More.
• Negative Sentiment: Multiple additional law firms (BFA, Pomerantz, Schall, Faruqi, DJS, Gross, et al.) are issuing notices to investors and investigating claims — the sheer volume of filings/solicitations amplifies legal uncertainty. Read More.

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.