Analysts Set Fermi Inc. (NASDAQ:FRMI) Target Price at $31.56

Fermi Inc. (NASDAQ:FRMI) has received an average rating of “Moderate Buy” from the eleven analysts that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $31.5556.

A number of analysts recently issued reports on the company. Weiss Ratings started coverage on Fermi in a research note on Wednesday, December 24th. They set a “sell (e+)” rating on the stock. Macquarie reiterated an “outperform” rating and set a $35.00 price target on shares of Fermi in a research report on Wednesday, November 12th. Zacks Research raised shares of Fermi to a “hold” rating in a research note on Tuesday, October 28th. Redburn Partners set a $31.00 price objective on Fermi in a research report on Monday, October 27th. Finally, Cantor Fitzgerald reiterated an “overweight” rating on shares of Fermi in a research report on Wednesday, November 12th.

More Fermi News

Here are the key news stories impacting Fermi this week:

• Neutral Sentiment: Short-interest data shows zero reported short interest and a 0.0 days short-interest ratio (based on a reported average daily volume), which is likely a data anomaly or reporting lag rather than a true absence of short sellers. This makes interpreting short-covering as a driver uncertain.
• Negative Sentiment: Multiple law firms have filed or announced investigations and class-action notices against Fermi after the company disclosed the cancellation of a key customer agreement (alleged to have supported $150M of project funding). Bleichmar Fonti & Auld LLP’s notice highlights the 33% stock drop tied to that cancellation. BFA Law press release
• Negative Sentiment: Robbins LLP and other firms (Robbins Geller Rudman & Dowd LLP) have issued class-action reminder notices tied to Fermi’s October 2025 IPO and disclosures through December 11, 2025, signaling coordinated plaintiff interest and potential lead-plaintiff contests. Investor deadlines (e.g., March 6) are being publicized. Robbins LLP notice
• Negative Sentiment: Hagens Berman and other plaintiff firms characterize the lawsuits as stemming from allegedly misleading IPO materials and subsequent disclosures about the “First Tenant” termination for Project Matador, which increases potential liability and litigation costs for the company. Hagens Berman release
• Negative Sentiment: Additional plaintiff firms (Bernstein Liebhard, Berger Montague, DJS Law Group, Faruqi & Faruqi, Bronstein Gewirtz, et al.) have issued investor alerts and filing notices, indicating broad-based legal attention that could prolong uncertainty and pressure the stock until outcomes or clarifying disclosures emerge. DJS Law Group notice

Fermi Price Performance

Shares of NASDAQ:FRMI opened at $10.37 on Friday. The stock’s 50-day simple moving average is $13.96. Fermi has a twelve month low of $7.28 and a twelve month high of $36.99. The company has a market capitalization of $6.37 billion and a price-to-earnings ratio of -12.35.

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

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.