Fermi Inc. (NASDAQ:FRMI) Stock Has Consensus Target Price of $20.67 According to Analysts

Fermi Inc. (NASDAQ:FRMI) has been assigned a consensus rating of “Moderate Buy” from the thirteen brokerages that are covering the company, MarketBeat reports. One research analyst has rated the stock with a sell rating, three have given a hold rating, seven have assigned a buy rating and two have issued a strong buy rating on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $20.67.

Several brokerages have commented on FRMI. Mizuho lowered their price target on Fermi from $27.00 to $11.00 and set an “outperform” rating on the stock in a report on Tuesday, July 28th. Weiss Ratings lowered shares of Fermi from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, August 14th. Finally, Stifel Nicolaus reduced their price objective on shares of Fermi from $29.00 to $17.00 and set a “buy” rating for the company in a research note on Tuesday, June 23rd.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of FRMI. BlackRock Inc. acquired a new stake in shares of Fermi in the second quarter valued at about $38,499,000. BlueCrest Capital Management Ltd bought a new position in shares of Fermi in the second quarter worth about $33,276,000. Alyeska Investment Group L.P. increased its stake in shares of Fermi by 82.4% in the second quarter. Alyeska Investment Group L.P. now owns 2,886,836 shares of the company’s stock worth $26,443,000 after purchasing an additional 1,303,979 shares during the period. Ratan Capital Management LP bought a new position in shares of Fermi in the second quarter worth about $19,774,000. Finally, Bank of America Corp DE acquired a new position in shares of Fermi during the 2nd quarter worth about $17,859,000.

Fermi Trading Down 15.1%

FRMI opened at $3.16 on Monday. The stock has a 50-day moving average of $5.07 and a 200-day moving average of $5.99. Fermi has a 52-week low of $3.09 and a 52-week high of $31.47.

Fermi (NASDAQ:FRMI) last issued its quarterly earnings data on Thursday, August 13th. The company reported ($0.04) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.02. During the same period in the prior year, the company earned ($0.02) earnings per share. As a group, equities research analysts forecast that Fermi will post -0.33 earnings per share for the current year.

Key Fermi News

Here are the key news stories impacting Fermi this week:

• Positive Sentiment: AMD credit support advances Project Matador. Fermi signed an agreement with Advanced Micro Devices to support the lease for the first 222 megawatts of its Texas AI data-center and energy project. The arrangement is viewed as an important step toward securing project financing and could support future expansion to as much as 650 megawatts. Fermi and AMD sign credit support deal
• Positive Sentiment: AI lease provides potential revenue visibility. Fermi disclosed additional details on a major AI cloud lease tied to Project Matador. The agreement, together with AMD’s backing, strengthens the case that Fermi can convert its power infrastructure into contracted data-center revenue. Fermi Inc. Details Major AI Cloud Lease Agreement
• Positive Sentiment: Physical infrastructure is progressing. Fermi has reportedly invested more than $1.5 billion in the site, received Siemens turbines representing roughly 780 megawatts of generation capacity, and selected CBRE to operate and maintain its initial data-center footprint. These developments make the project less purely speculative. Fermi Signs Credit Support Agreement with AMD
• Neutral Sentiment: Analyst view remains cautious. Evercore ISI reiterated a Hold rating and kept its $11 price target, saying the AMD agreement improves the financing narrative but does not eliminate uncertainty. The key test is whether Fermi can finalize its major customer lease and obtain the remaining project financing. Fermi Hold rating reiterated
• Negative Sentiment: Funding and execution risks remain substantial. AMD’s support is a milestone, but it is not equivalent to full project financing. Delays in closing the TensorWave lease, additional capital needs, possible dilution, elevated short interest, and Fermi’s negative earnings outlook could renew selling pressure. Fermi stock rises on AMD deal but faces hurdles

Fermi Company Profile

Fermi Inc is an energy and infrastructure company focused on developing large-scale power generation and data center facilities. The company is pursuing an integrated model designed to provide reliable electricity for high-demand computing applications, including artificial intelligence and cloud infrastructure.

Its development activities center on the planned Fermi Nuclear Campus in the Texas Panhandle. The project is expected to combine nuclear power with other generation and energy technologies, potentially including natural gas, renewable energy and battery storage, alongside data center infrastructure.