FRMI
Fermi Inc. Common Stock·Utilities
4.87
1.037%(+0.05)
Market ClosedLast Updated: — ET
52W L: $4.4752W H: $36.99
FRMI NEWS
fool.com
Apr 3
Why Fermi Stock Collapsed 41% Last Month
Fermi went public last year and aims to be a REIT that provides power to AI data centers. The company generates zero revenue right now and has lost one of its initial tenants for the project.
defenseworld.net
Apr 2
Fermi (NASDAQ:FRMI) Stock Price Down 6.7% on Analyst Downgrade
Shares of Fermi Inc. (NASDAQ: FRMI - Get Free Report) were down 6.7% during mid-day trading on Wednesday after UBS Group lowered their price target on the stock from $30.00 to $8.00. UBS Group currently has a buy rating on the stock. Fermi traded as low as $5.43 and last traded at $5.45. Approximately 2,565,579 shares
fool.com
Mar 30
Stock Market Today, March 30: Fermi Shares Plunge After Wider Loss and No Tenant for Flagship AI Project
Expand NASDAQ: FRMI Fermi Today's Change (-13.27%) $-0.82 Current Price $5.36 Key Data Points Market Cap $3.8B Day's Range $4.63 - $5.63 52wk Range $4.63 - $36.99 Volume 46M Avg Vol 7.3M Fermi (FRMI 13.27%), developer of energy infrastructure for AI data centers, closed Monday at $5.36, down 13.27%. The stock moved lower after wider-than-expected inaugural losses, a lack of tenant progress for its flagship AI project, and continued focus on when it might secure long-term anchor customers.Trading volume reached 45.7 million shares, coming in about 480% above its three-month average of 7.9 million shares.
seekingalpha.com
Mar 30
Fermi: Lack Of Tenant Progress Is Deeply Concerning
Fermi Inc. remains highly speculative, with shares down ~75% since IPO and no signed tenants for its ambitious data center buildout. FRMI reported a GAAP loss of $1.13 for 2025, is essentially pre-revenue, and burned $605 million in free cash flow last year. Despite an attractive Texas site and a 99-year lease, FRMI's lack of infrastructure and tenant agreements undermines its massive $80–$120 billion buildout plan.
seekingalpha.com
Mar 30
Fermi Inc. (FRMI) Q4 2025 Earnings Call Transcript
Fermi Inc. (FRMI) Q4 2025 Earnings Call Transcript
barrons.com
Mar 30
Fermi Stock Falls 18%. The Data-Center Developer Needs Customers—Fast.
Fermi confirms Monday that it is yet to sign a cornerstone tenant for its Project Matador campus in Amarillo, Texas.
