Fermi (NASDAQ:FRMI) Stock Price Up 8.9% – What’s Next?

Fermi Inc. (NASDAQ:FRMI) shares shot up 8.9% during trading on Friday . The company traded as high as $10.08 and last traded at $10.02. 4,233,916 shares changed hands during mid-day trading, a decline of 43% from the average session volume of 7,491,253 shares. The stock had previously closed at $9.20.

Trending Headlines about Fermi

Here are the key news stories impacting Fermi this week:

• Positive Sentiment: Texas Capital upgraded Fermi to a “strong‑buy,” a near‑term bullish catalyst cited by markets and reported by Zacks. Upgrades can drive buying interest and short‑covering. Texas Capital upgrade
• Neutral Sentiment: Multiple law firms (Hagens Berman, Bernstein Liebhard, Faruqi & Faruqi, etc.) are publicly notifying shareholders of lead‑plaintiff deadlines (mostly March 6, 2026) and inviting contact — procedural notices that increase headlines and awareness but are routine in securities litigation. Example: Hagens Berman notice. Hagens Berman notice
• Negative Sentiment: Several class‑action complaints have been filed or announced, alleging Fermi and certain executives/underwriters made materially misleading IPO disclosures about tenant demand and funding for Project Matador. These allegations raise the prospect of costly litigation, settlements, and reputational damage. Example filing/alert by Bleichmar Fonti & Auld. BFA Law fraud alert
• Negative Sentiment: Multiple national plaintiffs’ firms (Berger Montague, Pomerantz, Schall, Bragar Eagel & Squire, Glancy Prongay & Murray, etc.) have similar class‑action notices and deadlines; overlapping suits and consolidated litigation are common and can extend uncertainty and legal expense. Example: Berger Montague notice. Berger Montague notice

Wall Street Analyst Weigh In

FRMI has been the subject of a number of research reports. Redburn Partners set a $31.00 price objective on Fermi in a report on Monday, October 27th. UBS Group began coverage on shares of Fermi in a research note on Monday, October 27th. They issued a “buy” rating and a $30.00 price target for the company. Macquarie reissued an “outperform” rating and set a $35.00 price objective on shares of Fermi in a research note on Wednesday, November 12th. Weiss Ratings began coverage on shares of Fermi in a research note on Wednesday, December 24th. They set a “sell (e+)” rating for the company. Finally, Evercore ISI set a $37.00 target price on shares of Fermi and gave the company an “outperform” rating in a report on Monday, October 27th. Three analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $31.56.

Fermi Price Performance

The stock has a market cap of $6.12 billion and a P/E ratio of -11.86. The business has a fifty day moving average of $11.72.

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

Institutional Investors Weigh In On Fermi

A number of hedge funds have recently added to or reduced their stakes in FRMI. Aspect Partners LLC purchased a new stake in Fermi during the fourth quarter valued at $38,000. Prime Capital Investment Advisors LLC purchased a new stake in shares of Fermi during the 4th quarter valued at about $84,000. Choreo LLC bought a new position in shares of Fermi in the 4th quarter worth approximately $98,000. ORG Wealth Partners LLC purchased a new position in shares of Fermi in the fourth quarter worth approximately $151,000. Finally, Nisa Investment Advisors LLC bought a new stake in Fermi during the fourth quarter valued at approximately $423,000.

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.