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Why is FRMI down 5.30%?
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FRMI:NASDAQ
Fermi Inc
$2.86
-5.30%
(-0.16) 1D
$2.79
-2.45% (-0.070)
After hours
Closed: Oct 29, 4:00:01β€―PM GMT-4  ·   USD
All symbols
SymbolPriceChange% Change
Generating top insights for FRMI...
Open
$2.96
High
$2.99
Low
$2.79
Mkt. cap
1.83B
Avg. vol.
21.11M
Volume
16.05M
52-wk high
$30.02
52-wk low
$2.44
EPS
-$1.30
Shares outstanding
641.26M
No. of employees
35
Open
$2.96
High
$2.99
Low
$2.79
Mkt. cap
1.83B
Avg. vol.
21.11M
Volume
16.05M
52-wk high
$30.02
52-wk low
$2.44
EPS
-$1.30
Shares outstanding
641.26M
No. of employees
35
News stories
From web sources and news partners
About Fermi Inc
CEO-
Employees35
Founded2025
HeadquartersDallas, Texas, United States
SectorReal estate investment trust
Websitefermiamerica.com
Analyst ratings
Based on 4 analysts giving stock ratings to FRMI in the past 3 months
Buy
Buy
2
Hold
2
Sell
0
12-month forecast
Based on 4 Wall Street analysts offering 12 month price targets for FRMI in the last 3 months.
Highest
Current $2.86
$17.00 (+494.41%)
Average
$10.50 (+267.13%)
Lowest
$6.00 (+109.79%)
Analyst
Recommendation
Action
Price target
Projected
Date
Brett Knoblauch
Cantor Fitzgerald
Buy
Maintained
$8.00
+179.7%
10/16/2026
Ryan Gravett
UBS
Hold
Maintained
$6.00
+109.8%
10/13/2026
John Hodulik
UBS
Hold
Maintained
$6.00
+109.8%
10/13/2026
Nicholas Amicucci
Evercore ISI
Hold
Maintained
$11.00
+284.6%
10/13/2026
Stephen Gengaro
Stifel Nicolaus
Buy
Maintained
$17.00
+494.4%
08/11/2026
Vikram Malhotra
Mizuho Securities
Buy
Maintained
$11.00
+284.6%
07/28/2026
Andrew Fisher
Berenberg Bank
Buy
Maintained
$35.00
+1,123.8%
02/23/2026
Gregory P Miller
Citizens JMP
Buy
Initiated
$30.00
+949%
02/09/2026
Last report
Aug 13, 2026
Fiscal period
Q2 2026
-$0.04 / -$0.06
+33.60%beat
Revenue / Est. (USD)
- / 5.99M
Fiscal Q2 2026 earnings call
Waiting for the earnings call
At a glance
Insights from the latest news and reports
Previous reportsAll values in USD
Loading Previous Earnings...
Revenue
Net income
All values in USD
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Revenue
-
-
-
-
Cost of goods sold
-
-
-
-
Cost of revenue
-
-
-
-
Research and development expenses
-
-
-
-
Total research and development expenses
-
-
-
-
Selling, general, and admin expenses
37.78M
134.32M
166.24M
26.76M
Operating expense
37.78M
134.32M
166.24M
26.76M
Total operating expenses
37.78M
134.32M
166.24M
26.76M
Operating income
-37.78M
-134.32M
-166.24M
-26.76M
Other non operating income
-309.05M
-3.28M
-45.00K
-
EBT including unusual items
-346.81M
-133.20M
-188.69M
-25.81M
EBT excluding unusual items
-346.81M
-133.20M
-163.94M
-25.81M
Income tax expense
-
-
-
-
Effective tax rate
-
-
-
-
Other operating expenses
-
-
-
-
Net income
-346.81M
-133.20M
-188.69M
-25.81M
Net profit margin
-
-
-
-
Earnings per share
-0.84
-0.18
-0.30
-0.04
Interest and investment income
12.00K
4.40M
2.35M
953.00K
Interest expense
-
-
-
-
Net interest expenses
12.00K
4.40M
2.35M
953.00K
Depreciation and amortization charges
-
-
-
-
EBITDA
-
-
-
-
Gain or loss from assets sale
-
-
-
-
Insider transactions
Insider transactions data is drawn from third-party sources. Learn more
Insider
Position
Type
Date
Shares
Amount
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