Analyst Price Targets — FRMI
| Date | Analyst | Firm | Target | Price @ Post | Source | Headline |
|---|---|---|---|---|---|---|
| July 28, 2026 11:52 am | — | Mizuho Securities | $11.00 | $7.23 | TheFly | Fermi price target lowered to $11 from $27 at Mizuho |
| June 23, 2026 10:21 am | — | Stifel Nicolaus | $17.00 | $8.97 | TheFly | Fermi price target lowered to $17 from $29 at Stifel |
| May 15, 2026 11:26 am | Nicholas Amicucci | Evercore ISI | $11.00 | $7.37 | TheFly | Fermi downgraded to In Line from Outperform at Evercore ISI |
| May 5, 2026 8:07 am | — | UBS | $6.00 | $5.07 | TheFly | Fermi downgraded to Neutral from Buy at UBS |
| April 9, 2026 11:16 am | Brett Knoblauch | Cantor Fitzgerald | $8.00 | $4.82 | TheFly | Fermi assumed with an Overweight at Cantor Fitzgerald |
| October 27, 2025 2:57 pm | — | Macquarie | $35.00 | $23.54 | TheFly | Fermi initiated with an Outperform at Macquarie |
| October 27, 2025 1:12 pm | — | Evercore ISI | $37.00 | $23.54 | TheFly | Fermi initiated with an Outperform at Evercore ISI |
| October 27, 2025 11:00 am | Andrew Fisher | Berenberg Bank | $37.00 | $23.54 | TheFly | Fermi initiated with a Buy at Berenberg |
| October 27, 2025 10:52 am | — | UBS | $30.00 | $23.54 | TheFly | Fermi initiated with a Buy at UBS |
| October 27, 2025 10:22 am | — | Cantor Fitzgerald | $27.00 | $23.54 | TheFly | Fermi initiated with an Overweight at Cantor Fitzgerald |
Latest News for FRMI
Data centers face soaring AI-driven demand amid mounting barriers to new supply, creating a scarcity effect and widening moats for established platforms. Digital Realty, Equinix, and Iron Mountain are industry leaders, but current valuations appear rich; I recommend waiting for a pullback. New entrants like Blackstone Digital Infrastructure Trust and Fermi America offer differentiated strategies, but BXDC lacks…
Fermi Inc. is rated Strong Buy, with a transformative tenant deal and major project catalysts sharply improving its risk-reward profile. FRMI's turbine and permit capacity position it to capture surging AI compute demand. Governance drama has eased, and Fermi 2.0 delivered, opening the path for further tenant signings and a re-rating.
The startup, which went public in a splashy IPO last year, also named a new CEO following months of legal and C-suite turmoil.
Fermi reported zero revenue for the fourth consecutive quarter, missing analyst estimates of $72 million to $148 million. The company is still in pre-revenue mode while burning borrowed cash on massive construction projects.
Fermi Inc. (FRMI) Q2 2026 Earnings Call Transcript
🧮 Earnings Move Analyzer
Insider Trading
Insider Trading
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