Fermi Inc. (NASDAQ:FRMI) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Fermi Inc. (NASDAQ:FRMI) have received an average recommendation of “Moderate Buy” from the eleven brokerages that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, seven have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is $31.5556.

Several brokerages recently issued reports on FRMI. Stifel Nicolaus began coverage on Fermi in a report on Monday, October 27th. They issued a “buy” rating and a $29.00 price target on the stock. Cantor Fitzgerald reiterated an “overweight” rating on shares of Fermi in a research note on Wednesday, November 12th. Mizuho began coverage on shares of Fermi in a research report on Monday, October 27th. They set an “outperform” rating and a $27.00 price target for the company. Evercore ISI set a $37.00 price objective on shares of Fermi and gave the company an “outperform” rating in a research report on Monday, October 27th. Finally, Redburn Partners set a $31.00 target price on shares of Fermi in a research note on Monday, October 27th.

Fermi Price Performance

NASDAQ FRMI opened at $9.18 on Friday. Fermi has a one year low of $7.28 and a one year high of $36.99. The firm has a 50-day simple moving average of $14.31. The firm has a market cap of $5.64 billion and a price-to-earnings ratio of -10.93.

Fermi (NASDAQ:FRMI) last issued its earnings results on Monday, November 10th. The company reported ($0.84) earnings per share (EPS) for the quarter.

Trending Headlines about Fermi

Here are the key news stories impacting Fermi this week:

• Positive Sentiment: Unusual options activity: Reports show large-volume purchases of call options on FRMI, which can force short covering and add upward pressure on the stock as traders position for a rebound or volatility play. Article Title
• Neutral Sentiment: Market commentary highlights a sharp ~30% share decline over the last 30 days and heightened investor scrutiny — explaining both the heavy volatility and why some buyers may be stepping in at lower prices while others remain cautious. Article Title
• Negative Sentiment: Multiple law firms have filed or announced investigations and class‑action suits against Fermi relating to IPO disclosures and subsequent statements; lead‑plaintiff motions have a March 6, 2026 deadline — this raises litigation risk, potential damages, and ongoing headline volatility. Article Title
• Negative Sentiment: Hagens Berman and other firms allege IPO materials were misleading and link suits to the December disclosure that the “First Tenant” terminated a $150M funding agreement for Project Matador — the underlying factual dispute is the core catalyst for the recent share drop and potential claims of disclosure failures. Article Title
• Negative Sentiment: Additional firms (Glancy Prongay, Robbins Geller, Faruqi, BFA, Bronstein, Portnoy, Robbins LLP, etc.) have issued notices urging investors to contact them or file lead‑plaintiff motions — the proliferation of filings amplifies legal costs, management distraction, and uncertainty about remediation or settlements. Article Title

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.