Fermi Inc. (NASDAQ:FRMI) Receives Average Recommendation of “Buy” from Brokerages

Shares of Fermi Inc. (NASDAQ:FRMI) have received an average recommendation of “Buy” from the thirteen brokerages that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, one has issued a hold rating, eight have assigned a buy rating and three have issued a strong buy rating on the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $29.00.

A number of equities research analysts have weighed in on the company. Weiss Ratings restated a “sell (e+)” rating on shares of Fermi in a research report on Monday, March 23rd. Citizens Jmp started coverage on Fermi in a report on Monday, February 9th. They issued a “market outperform” rating and a $30.00 price objective for the company. Texas Capital upgraded Fermi to a “strong-buy” rating in a research report on Tuesday, January 20th. Citigroup started coverage on Fermi in a report on Monday, February 9th. They set an “outperform” rating on the stock. Finally, Wall Street Zen lowered Fermi from a “hold” rating to a “sell” rating in a research note on Saturday, March 28th.

Fermi Price Performance

NASDAQ FRMI opened at $5.37 on Thursday. Fermi has a 52-week low of $4.63 and a 52-week high of $36.99. The stock’s fifty day moving average is $8.55. The company has a market cap of $3.38 billion and a P/E ratio of -6.39.

Trending Headlines about Fermi

Here are the key news stories impacting Fermi this week:

• Positive Sentiment: Major committed financing pushes Project Matador forward — Fermi America secured a ~$156M committed facility (part of a series of financings that management says pushes total committed financing above $1B), improving project funding visibility. Fermi America Secures $156.25 Million Committed Financing Facility from Yorkville Advisors
• Positive Sentiment: Equipment financing to accelerate build-out — a $165M equipment financing facility was arranged to accelerate delivery of six gas turbines for 2028, reducing a potential procurement/timing bottleneck for the company’s private grid build. Fermi America secures $165 million equipment financing facility
• Neutral Sentiment: Small Q4 EPS beat but no revenue — Fermi reported (non?GAAP) EPS slightly better than estimates (beat by $0.01) despite continuing zero revenue, which shows expense control but does not resolve top?line or commercialization risk. Fermi Inc. quarterly earnings
• Neutral Sentiment: Positive messaging on Q4 operational progress — company and some trade pieces highlight “stellar” Q4 performance for Fermi America as a private?grid pioneer, which supports the growth narrative but lacks clear customer contracts. Fermi America Delivers Stellar Q4 2025 Performance
• Negative Sentiment: Large UBS price?target cut signals weaker analyst conviction — UBS lowered its target dramatically from $30 to $8 (while keeping a buy rating), a move that likely pressured sentiment and contributed to selling. UBS price target cut coverage
• Negative Sentiment: Customer and revenue risk persists — coverage notes Project Matador still lacks signed customers and the company reports zero revenue and a large accumulated loss, keeping execution and commercial risk front?of?mind for investors. MSN: zero revenue and a $486M loss
• Negative Sentiment: Project Matador customer doubts highlighted by press — additional coverage flags that Matador still lacks customers, reinforcing worries that financing alone won’t convert to cash flow without contract wins. MarketWatch: Matador still lacks customers

Institutional Investors Weigh In On Fermi

A number of hedge funds have recently made changes to their positions in the business. Leonteq Securities AG bought a new position in shares of Fermi during the 4th quarter valued at $30,000. ANTIPODES PARTNERS Ltd purchased a new position in Fermi in the 4th quarter worth $465,000. Empire Life Investments Inc. bought a new stake in Fermi in the fourth quarter worth $5,611,000. SBI Securities Co. Ltd. bought a new stake in Fermi in the fourth quarter worth $41,000. Finally, WJ Financial Advisors LLC purchased a new stake in Fermi during the fourth quarter valued at about $167,000.

Fermi Company Profile

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.