Fermi (NASDAQ:FRMI) Coverage Initiated at Citizens Jmp

Research analysts at Citizens Jmp initiated coverage on shares of Fermi (NASDAQ:FRMI) in a note issued to investors on Monday, Marketbeat.com reports. The firm set a “market outperform” rating and a $30.00 price target on the stock. Citizens Jmp’s price objective indicates a potential upside of 219.15% from the stock’s current price.

Several other equities research analysts have also weighed in on FRMI. Weiss Ratings started coverage on Fermi in a research note on Wednesday, December 24th. They issued a “sell (e+)” rating on the stock. Mizuho initiated coverage on Fermi in a research note on Monday, October 27th. They issued an “outperform” rating and a $27.00 price target on the stock. Macquarie Infrastructure reiterated an “outperform” rating and issued a $35.00 price target on shares of Fermi in a research report on Wednesday, November 12th. Stifel Nicolaus initiated coverage on Fermi in a research note on Monday, October 27th. They set a “buy” rating and a $29.00 price objective for the company. Finally, Evercore set a $37.00 target price on shares of Fermi and gave the company an “outperform” rating in a research note on Monday, October 27th. Three 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 issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $31.44.

Fermi Stock Up 8.2%

NASDAQ:FRMI opened at $9.40 on Monday. The stock’s 50-day simple moving average is $9.82. Fermi has a 52 week low of $7.18 and a 52 week high of $36.99. The company has a market cap of $5.77 billion and a P/E ratio of -11.19.

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

Institutional Trading of Fermi

Large investors have recently made changes to their positions in the business. ORG Wealth Partners LLC acquired a new stake in shares of Fermi in the fourth quarter valued at $151,000. Nisa Investment Advisors LLC acquired a new position in Fermi during the 4th quarter worth about $423,000. Prime Capital Investment Advisors LLC bought a new stake in Fermi during the 4th quarter worth about $84,000. Choreo LLC acquired a new stake in Fermi in the 4th quarter valued at about $98,000. Finally, Aspect Partners LLC bought a new position in shares of Fermi in the fourth quarter worth about $38,000.

Fermi News Roundup

Here are the key news stories impacting Fermi this week:

• Positive Sentiment: MUFG provides $500 million senior secured, non‑recourse equipment facility to Fermi America to help finance Project Matador’s AI data center campus — a material financing that de-risks near-term buildout funding. Leading Global Power and Infrastructure Financial Institution MUFG Backs Fermi America™ with $500 Million Equipment Loan to Accelerate 11GW Private Energy Campus
• Positive Sentiment: Major construction milestone: six Siemens SGT‑800 gas turbines have arrived (first ~1GW of power), showing tangible progress on Project Matador’s power timeline and operational readiness. Fermi America Announces Arrival of 6 Siemens Energy SGT-800 Gas Turbines at Port of Houston, Marking Major Milestone in Natural Gas Power Timeline
• Positive Sentiment: Analyst initiation: Citizens JMP starts coverage with a Market Outperform rating and $30 price target, signaling institutional bullishness on FRMI’s long‑term potential. Citizens Initiates Coverage of Fermi (FRMI) with Market Outperform Recommendation
• Neutral Sentiment: Reported short‑interest data appears inconsistent (shows 0 shares / 0 days-to-cover), likely a data anomaly — monitor short interest releases for any future squeeze risk.
• Neutral Sentiment: Local updates note Fermi America is awaiting TCEQ permits for the Amarillo site — regulatory timing remains a gating item but is standard for large energy projects. Sitting down with Fermi America as they await TCEQ permits
• Negative Sentiment: Multiple plaintiff firms have filed or are soliciting investors for securities class actions alleging misrepresentations about demand for Project Matador and the stability/cancellation of a major anchor‑tenant agreement; firms cite potential investor losses and March 6 lead‑plaintiff deadlines — this legal wave increases downside risk, potential liabilities and headline volatility. FRMI INVESTOR ACTION NOTICE: Hagens Berman Encourages Investors in Fermi (FRMI) to Contact Firm $FRMI STOCK LOSS NOTICE: Fermi Inc. Sued for Securities Fraud over Customer Agreement Cancellation

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.