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Analyst Price Targets — FRMI

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DateAnalystFirmTargetPrice @ PostSourceHeadline
June 23, 2026 10:21 amStifel Nicolaus$17.00$8.97TheFly Fermi price target lowered to $17 from $29 at Stifel
May 15, 2026 11:26 amNicholas AmicucciEvercore ISI$11.00$7.37TheFly Fermi downgraded to In Line from Outperform at Evercore ISI
May 5, 2026 8:07 amUBS$6.00$5.07TheFly Fermi downgraded to Neutral from Buy at UBS
April 9, 2026 11:16 amBrett KnoblauchCantor Fitzgerald$8.00$4.82TheFly Fermi assumed with an Overweight at Cantor Fitzgerald
October 27, 2025 2:57 pmMacquarie$35.00$23.54TheFly Fermi initiated with an Outperform at Macquarie
October 27, 2025 1:12 pmEvercore ISI$37.00$23.54TheFly Fermi initiated with an Outperform at Evercore ISI
October 27, 2025 11:00 amAndrew FisherBerenberg Bank$37.00$23.54TheFly Fermi initiated with a Buy at Berenberg
October 27, 2025 10:52 amUBS$30.00$23.54TheFly Fermi initiated with a Buy at UBS
October 27, 2025 10:22 amCantor Fitzgerald$27.00$23.54TheFly Fermi initiated with an Overweight at Cantor Fitzgerald
October 27, 2025 9:18 amStifel Nicolaus$29.00$23.54TheFly Fermi initiated with a Buy at Stifel

Latest News for FRMI

Fermi Outlines Strategic Rationale for Upsized $431 Million Convertible Notes Offering

Flexible convertible structure with shareholder-friendly capped call minimizes dilution Proceeds strengthen liquidity in midst of customer and partner negotiations and preserve Fermi's speed-to-power advantage Attractive five-year cost of capital provides run room to advance multiple commercial tracks in parallel DALLAS, TX / ACCESS Newswire / July 15, 2026 / Fermi Inc. (Nasdaq:FRMI)(LSE:FRMI), operating as Fermi…

Accesswire • Jul 15, 2026
Neugebauer Addresses $375mm Convertible Note Offering that Resulted in Former Fermi CFO Miles Everson's Resignation from Fermi Board; Reaffirms Confidence in Company Securing Its Tenant

As the former CFO of Fermi and the principal author of the Committee of Sponsoring Organizations Internal Control—Integrated Framework, Everson's departure from Fermi's board is disheartening for all shareholders The Fermi Board and its lawyers continue abusing Texas' pro-business environment by acting as if they are accountable to no one Above all, Neugebauer's focus remains on Fermi's long-term success — the…

PRNewsWire • Jul 13, 2026

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