Brokerages Set Fermi Inc. (NASDAQ:FRMI) PT at $31.44

Fermi Inc. (NASDAQ:FRMI) has received a consensus recommendation of “Buy” from the thirteen analysts that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, eight have issued a buy rating and three have given a strong buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $31.4444.

A number of research analysts have commented on FRMI shares. Texas Capital raised Fermi to a “strong-buy” rating in a report on Tuesday, January 20th. Citizens Jmp assumed coverage on shares of Fermi in a research note on Monday, February 9th. They issued a “market outperform” rating and a $30.00 price target on the stock. Weiss Ratings assumed coverage on shares of Fermi in a research report on Wednesday, December 24th. They issued a “sell (e+)” rating for the company. Wall Street Zen raised Fermi to a “sell” rating in a research report on Saturday. Finally, Macquarie Infrastructure reaffirmed an “outperform” rating and issued a $35.00 price objective on shares of Fermi in a report on Wednesday, November 12th.

Trending Headlines about Fermi

Here are the key news stories impacting Fermi this week:

• Neutral Sentiment: Reported short‑interest data in recent feeds is effectively meaningless (entries show 0 shares / NaN and 0.0 days to cover) and appears to be a data anomaly rather than material new short‑selling pressure.
• Neutral Sentiment: Trading context: volume is high versus recent averages and the stock is near its 50‑day MA, which can amplify moves driven by headlines rather than fresh fundamental updates.
• Negative Sentiment: Class action alleging Fermi misrepresented demand for Project Matador and the stability of a primary anchor tenant (claims include an alleged ~$150M tenant exit) — this is the most direct driver of investor concern. Fermi (FRMI) Faces Securities Class Action – Hagens Berman
• Negative Sentiment: Multiple plaintiff firms (Hagens Berman, RGRD, BFA, Berger Montague, Faruqi & Faruqi, Schall, etc.) are soliciting lead‑plaintiff applicants and reminding investors of a March 6 deadline — the coordinated outreach amplifies litigation risk and short‑term selling pressure. FRIDAY DEADLINE – RGRD Law
• Negative Sentiment: Wider media/legal notices cite that the stock already experienced a large prior decline (~33% referenced in filings), highlighting potential investor losses and raising the likelihood of settlements, fines, or protracted litigation — all negative for near‑term sentiment and valuation. Investor Reminder – BFA Law

Hedge Funds Weigh In On Fermi

Hedge funds have recently bought and sold shares of the company. Leonteq Securities AG acquired a new position in shares of Fermi in the 4th quarter valued at approximately $30,000. PNC Financial Services Group Inc. bought a new position in Fermi in the fourth quarter valued at approximately $36,000. Aspect Partners LLC acquired a new position in Fermi during the fourth quarter valued at approximately $38,000. SBI Securities Co. Ltd. bought a new stake in Fermi during the fourth quarter worth $41,000. Finally, MML Investors Services LLC acquired a new stake in shares of Fermi in the 4th quarter valued at $81,000.

Fermi Stock Down 9.2%

Fermi stock opened at $9.27 on Friday. The firm has a market capitalization of $5.69 billion and a P/E ratio of -11.04. Fermi has a 12 month low of $7.18 and a 12 month high of $36.99. The company has a 50 day moving average price of $9.20.

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.