Price
$5.92-19.13%Social Signal Score
Analyst Ratings
5 analysts52-week range
- Last close
- $5.92
- Off 52w high
- -81.8%
- 200-day average
- $8.86
- vs 200-day
- -33.2%
Revenue
$0.00Analyst Estimates
Consensus estimates, not results. Via Financial Modeling Prep.
Company Profile
- CEO
- Lee McIntire
- Sector
- Real Estate
- Industry
- REIT - Specialty
- Employees
- 35
- Beta
- 2.15
- Country
- US
- Piotroski score
- 2 / 9 (Weak)
- Altman Z-score
- 0.57
Financials
FRMI has only 6 quarterly periods on file — the charts below show the full history available.
Net Income
$-25.81MEBITDA
$-25.81MFree Cash Flow
$-233.64MEPS (diluted)
$-0.04Shares Outstanding (diluted)
637.33M+75.4%Operating Expenses
$26.76MCash & Debt
$62.54MQuote
Valuation & Ratios
Returns & Efficiency
Revenue & Net Income (Annual)
| Fiscal Year | Revenue | Net Income | EPS |
|---|---|---|---|
| 2025 | $0.00 | $-486.38M | $-1.13 |
Valuation
FRMIhas no positive reported earnings per share, so an earnings-multiple projection can't be built for it. Companies are valued on other measures at this stage — revenue growth, cash burn, or book value — none of which this calculator models.
Signal Score (90d)
50+0.00%Social Signal Score
Mentions (21)
- Newsbenzinga.com·6d ago·Neutral
Jim Cramer: This Real Estate Company 'Should Never' Have Gone Public On CNBC's “Mad Money Lightning Round,” Jim Cramer said Fermi Inc. (NASDAQ:FRMI) “should never have come public. It's the kind of thing that got caught up in the mania.
View source ↗ - Newsaccessnewswire.com·8d ago·Neutral
…nt operator to Project Matador Adds trained crews and reliability systems ahead of first power DALLAS, TX / ACCESS Newswire / September 28, 2026 / Fermi Inc. (NASDAQ:FRMI)(LSE:FRMI), operating as Fermi America™ ("Fermi" or the "Company"), announced today an operations and maintenance (O&M) agreement with NAES Corporation ("NAES"), the largest independent operator of power plants in the United States. Under the agreement, NAES will run and maintain Fermi's natural gas turbine fleet at its Project…
View source ↗ - Newsprnewswire.com·15d ago·Positive
…nt DALLAS, Sept. 21, 2026 /PRNewswire/ -- In an amended lawsuit filed in Texas Business Court on Friday, Fermi founder and largest shareholder of Fermi Inc. (Nasdaq: FRMI), Toby Neugebauer alleged that three of Fermi's current directors engaged in a long-running effort to consolidate their control of the Company and disenfranchise Fermi shareholders in what the lawsuit describes as a pattern of governance abuses.
View source ↗ - Newsprnewswire.com·18d ago·Negative
…urt finds no sufficient factual showing of fraud or improper purpose; the Court did not order any discovery DALLAS, Sept. 17, 2026 /PRNewswire/ -- Fermi Inc. (NASDAQ:FRMI) (LSE:FRMI), operating as Fermi America™ ("Fermi" or the "Company"), today announced that the Business Court of Texas has denied each of three requests for a temporary restraining order sought by the Company's former chief executive officer and his investment vehicle.
View source ↗ - Newsprnewswire.com·25d ago·Positive
Fermi Founder Parties File Formal Proposal for Independent Strategic Review of Extraordinary Transactions, Press Board on Restoring Texas-Style Governance Ahead of October 30 Annual Meeting Toby Neugebauer says the Board must act quickly to restore stakeholder confidence. Shares down roughly 20% since Board announced they had met all 90-day objectives on August 13, 35% since the Board removed the choice of a dual-path strategic process on July 2, and 20% since the Board removed Neugebauer as CEO
View source ↗ - Newsseekingalpha.com·50d ago·Positive
Fermi: Hyper Moore's Law For Power May Dwarf The Governance Issues Fermi Inc. is rated Strong Buy, with a transformative tenant deal and major project catalysts sharply improving its risk-reward profile. FRMI's turbine and permit capacity position it to capture surging AI compute demand. Governance drama has eased, and Fermi 2.0 delivered, opening the path for further tenant signings and a re-rating.
View source ↗ - Newswsj.com·53d ago·Neutral
Rick Perry's Fermi Finally Finds a Customer for Its Giant Texas AI Power Bet The startup, which went public in a splashy IPO last year, also named a new CEO following months of legal and C-suite turmoil.
View source ↗ - Newsseekingalpha.com·53d ago·Positive
Fermi Inc. (FRMI) Q2 2026 Earnings Call Transcript Fermi Inc. (FRMI) Q2 2026 Earnings Call Transcript
View source ↗ - Newsmarketbeat.com·53d ago·Neutral
Fermi Q2 Earnings Call Highlights Fermi NASDAQ: FRMI said it completed each of the five priorities outlined in its prior 90-day plan, including signing a binding customer agreement for up to 650 megawatts of capacity, strengthening its balance sheet and advancing construction and partnership efforts at its Project Matador campus.
View source ↗ - News (RSS)investing·53d ago·Negative
Fermi reports Q2 loss, signs first customer deal worth $6.5B
View source ↗ - News247wallst.com·54d ago·Negative
Fermi Lands Its First Anchor Customer And Names A CEO As Project Matador Moves To Construction Fermi (NASDAQ: FRMI | FRMI Price Prediction) reported Q2 2026 results before the open, and the numbers were beside the point.
View source ↗ - Newsaccessnewswire.com·54d ago·Neutral
…eceived Three F-Series Turbines and Raised More Than $431 Million of Shareholder-Friendly Capital DALLAS, TX / ACCESS Newswire / August 13, 2026 / Fermi Inc. (NASDAQ:FRMI)(LSE:FRMI), operating as Fermi America™ ("Fermi" or the "Company"), today announced full execution of the 90-day plan provided in May. The Company established significant momentum and took a major step toward delivering its large-scale, reliable private power grid for AI and advanced computing.
View source ↗ - News (RSS)techcrunch·54d ago·Negative
AI nuclear power firm Fermi finally has a new CEO Lee McIntire, an independent member of Fermi's board, has been hired as CEO, more than three months since the company fired co-founder Toby Neugebauer from the top post.
View source ↗ - Newsaccessnewswire.com·54d ago·Neutral
Fermi Names Lee McIntire as Chief Executive Officer Engineering executive with more than 40 years of experience building and operating complex global industrial and governmental projects at Bechtel, CH2M Hill, and TerraPower DALLAS, TX / ACCESS Newswire / August 12, 2026 / Fermi Inc. (NASDAQ:FRMI)(LSE:FRMI), operating as Fermi America™ ("Fermi" or the "Company"), today named Lee McIntire Chief Executive Officer, effective Tuesday, August 11, 2026. McIntire has served as an independent director o
View source ↗ - Newsdefenseworld.net·55d ago·Neutral
Stock Traders Buy High Volume of Call Options on Fermi (NASDAQ:FRMI) Fermi Inc. (NASDAQ: FRMI - Get Free Report) was the recipient of unusually large options trading on Tuesday. Stock traders bought 95,560 call options on the company. This is an increase of approximately 63% compared to the typical volume of 58,756 call options. Fermi Stock Up 21.1% FRMI stock opened at $7.12 on Wednesday. Fermi has
View source ↗ - Newsfool.com·55d ago·Neutral
Why Fermi Stock Soared Today A multibillion-dollar deal is a strong demand signal for investors. Fermi has the power that its AI customers need.
View source ↗ - Newsaccessnewswire.com·55d ago·Negative
Fermi and Hillcore Energy Capital Announce 2.6 Gigawatt Power Strategic Alliance for Project Matador Doubles Fermi power to market to 4.8 gigawatts (GW) over the next ~30 months Build-Own-Operate-Transfer structure accelerates one of America's largest AI campus power programs - with no capital outlay by Fermi DALLAS, TX / ACCESS Newswire / August 11, 2026 / Fermi Inc. (NASDAQ:FRMI)(LSE:FRMI), operating as Fermi America™ ("Fermi" or the "Company"), announced the execution of a framework agreement
View source ↗ - Newsinvezz.com·55d ago·Negative
Fermi stock jumps 23% on $6.5B TensorWave AI data center lease deal Shares of Fermi surged in trading on Tuesday after the data center developer announced it had secured its first major tenant for its Project Matador campus in Amarillo, Texas. The stock FRMI climbed 23% to $7.24 after the company disclosed a 15-year lease agreement with AI cloud provider TensorWave.
View source ↗ - Newsseekingalpha.com·56d ago·Positive
Fermi Signs Its First Tenant, But Significant Execution Risks Remain Fermi remains a high-risk, speculative play despite a 78% post-IPO decline and a recent 20% rally on its first tenant announcement. FRMI's ambitious 17GW Texas data center campus faces major construction, financing, and execution risks, especially regarding nuclear buildout feasibility and cost overruns. The initial TensorWave lease is small (222 MW, $6.5B revenue, 15 years) but demonstrates the company can sign customers and s
View source ↗ - Newsbarrons.com·56d ago·Neutral
Fermi Finally Gets an AI Tenant for Its Data-Center Site and the Stock Is Soaring Fermi announces a $6.5 billion lease contract with AI cloud provider TensorWave.
View source ↗ - Newsaccessnewswire.com·56d ago·Neutral
Fermi Announces Binding Lease Agreement with TensorWave Intends to grow the partnership to more than 650 megawatts (MW) over three phases First phase to deliver a complete turnkey data center solution with 222 MW beginning in the second half of 2027, representing approximately $6.5 billion in total contracted revenue Fermi and TensorWave have lined up world-class partners to collaborate on the project and expect certain of the obligations under the lease to be guaranteed by one of the global lea
View source ↗
Earnings
Mon, Nov 9(in 5 weeks)
Consensus estimate $-0.04 per share
Typical surprise -386.1% (median, so one quarter with a near-zero estimate can't distort it)
- Thu, Aug 13$-0.04 vs $-0.05beat
- Thu, May 14$-0.30 vs $-0.03miss
- Mon, Mar 30$-0.26 vs $-0.01miss
- Tue, Nov 11$-0.84 vs $-0.02miss
- Wed, Sep 3$-0.01 vs $-0.02beat
Estimates and results for FRMI via Financial Modeling Prep. Beating consensus says the company cleared the bar analysts set, not that the business grew.
Insider trading
Open-market buys and sells by FRMI officers and directors.
- Bought
- —
- Sold
- $75.1m
0 trades
11 trades
- Perry James Richardsold
- Uzman Mesutsold
- Uzman Mesutsold
- Hamilton Charles Lynnsold
- Ortiz Blanes Jacobosold
- Everson Miles E.sold
- Hamilton Charles Lynnsold
- Ortiz Blanes Jacobosold
28 further Form 4 entries are share awards, option exercises or shares withheld for tax. Those are compensation, not trades, so they are excluded above. Buying is the stronger signal: an insider spends their own money for one reason. Selling has many innocent explanations — tax, diversifying, a house — so it says far less than it appears to. Via SEC filings.
Congress trades
No disclosed congressional trades in FRMI.
Self-reported filings, amounts as brackets. Via Senate/House disclosures.