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

Shares of Fermi Inc. (NASDAQ:FRMI) have been given a consensus recommendation of “Moderate Buy” by the thirteen analysts that are currently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation, seven have issued a buy recommendation and three have given a strong buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $26.6667.

FRMI has been the subject of several recent research reports. UBS Group lowered Fermi from a “buy” rating to a “neutral” rating and set a $6.00 price objective for the company. in a report on Tuesday, May 5th. Wall Street Zen lowered Fermi from a “hold” rating to a “sell” rating in a report on Sunday, May 10th. Texas Capital upgraded Fermi to a “strong-buy” rating in a report on Tuesday, January 20th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Fermi in a report on Monday, March 23rd. Finally, Citizens Jmp started coverage on Fermi in a report on Monday, February 9th. They set a “market outperform” rating and a $30.00 price objective for the company.

Insider Buying and Selling at Fermi

In related news, CFO Miles E. Everson sold 427,004 shares of the firm’s stock in a transaction that occurred on Thursday, April 9th. The shares were sold at an average price of $4.58, for a total transaction of $1,955,678.32. Following the transaction, the chief financial officer owned 9,969,791 shares of the company’s stock, valued at approximately $45,661,642.78. This trade represents a 4.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Blanes Jacobo Ortiz sold 427,363 shares of the firm’s stock in a transaction that occurred on Thursday, April 9th. The shares were sold at an average price of $4.58, for a total transaction of $1,957,322.54. Following the transaction, the chief operating officer directly owned 5,469,092 shares in the company, valued at approximately $25,048,441.36. The trade was a 7.25% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 13,435,207 shares of company stock worth $67,803,539 in the last ninety days.

Hedge Funds Weigh In On Fermi

Several institutional investors have recently bought and sold shares of FRMI. ORG Wealth Partners LLC bought a new position in Fermi during the fourth quarter valued at about $151,000. Nisa Investment Advisors LLC bought a new position in Fermi during the fourth quarter valued at about $423,000. Prime Capital Investment Advisors LLC bought a new position in Fermi during the fourth quarter valued at about $84,000. Choreo LLC bought a new position in Fermi during the fourth quarter valued at about $98,000. Finally, Aspect Partners LLC bought a new position in Fermi during the fourth quarter valued at about $38,000.

Fermi News Roundup

Here are the key news stories impacting Fermi this week:

• Positive Sentiment: Fermi’s Q1 2026 update showed meaningful project progress, including more than 2 GW of power generation secured, roughly 11 GW of permitted capacity advancing at Project Matador, and about $785 million in new equipment financing, which supported bullish sentiment. Article Title
• Positive Sentiment: The board amended the bylaws to protect and empower shareholders unaffiliated with the company’s former CEO, signaling a governance overhaul that investors may view as shareholder-friendly. Article Title
• Positive Sentiment: Unusually heavy call-option buying suggested traders were positioning for further upside, potentially amplifying the stock’s move through short-covering and momentum buying.

Fermi Price Performance

NASDAQ FRMI opened at $7.37 on Friday. The company has a 50 day simple moving average of $6.27 and a 200-day simple moving average of $10.68. The firm has a market capitalization of $4.70 billion and a price-to-earnings ratio of -8.77. Fermi has a 52-week low of $4.47 and a 52-week high of $36.99.

Fermi (NASDAQ:FRMI) last posted its quarterly earnings results on Thursday, May 14th. The company reported ($0.30) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.25). On average, analysts predict that Fermi will post 0.4 EPS for the current year.

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.