• Consensus Rating: Buy
  • Consensus Price Target: $31.56
  • Forecasted Upside: 98.34%
  • Number of Analysts: 10
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 7 Buy Ratings
  • 2 Strong Buy Ratings
$15.91
▲ +1.25 (8.53%)

This chart shows the closing price for FRMI by one month, three months, or twelve months.

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Analyst Price Target for FRMI

Analyst Price Target is $31.56
▲ +98.34% Upside Potential
This price target is based on 10 analysts offering 12 month price targets for Fermi in the last 3 months. The average price target is $31.56, with a high forecast of $37.00 and a low forecast of $27.00. The average price target represents a 98.34% upside from the last price of $15.91.

This chart shows the closing price for FRMI for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 10 polled investment analysts is to buy stock in Fermi.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/12/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/10/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/9/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/9/2025
  • 0 strong buy ratings
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  • 0 sell ratings
6/7/2025
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/5/2025
  • 2 strong buy ratings
  • 7 buy ratings
  • 1 hold ratings
  • 0 sell ratings
11/4/2025
  • 2 strong buy ratings
  • 7 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/4/2025

Latest Recommendations

  • 2 strong buy ratings
  • 7 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/12/2025Cantor FitzgeraldReiterated RatingOverweight ➝ Overweight
11/12/2025MacquarieReiterated RatingOutperform ➝ Outperform$35.00
11/7/2025Cantor FitzgeraldUpgradeStrong-Buy
10/28/2025Zacks ResearchUpgradeHold
10/27/2025Evercore ISISet TargetOutperform$37.00
10/27/2025UBS GroupInitiated CoverageBuy$30.00
10/27/2025Stifel NicolausInitiated CoverageBuy$29.00
10/27/2025Redburn PartnersSet Target$31.00
10/27/2025Evercore ISIUpgradeStrong-Buy
10/27/2025UBS GroupInitiated CoverageBuy$30.00
10/27/2025Rothschild RedbUpgradeStrong-Buy
10/27/2025MacquarieInitiated CoverageOutperform$35.00
10/27/2025Rothschild & Co RedburnInitiated CoverageBuy$31.00
10/27/2025MizuhoInitiated CoverageOutperform$27.00
10/27/2025Berenberg BankInitiated CoverageBuy$37.00
10/27/2025Cantor FitzgeraldInitiated CoverageOverweight$27.00
(Data available from 12/5/2020 forward)

News Sentiment Rating

0.33 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
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5/8/2025
  • 0 very positive mentions
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6/7/2025
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7/7/2025
  • 0 very positive mentions
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8/6/2025
  • 0 very positive mentions
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  • 0 very negative mentions
9/5/2025
  • 2 very positive mentions
  • 5 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
10/5/2025
  • 11 very positive mentions
  • 26 positive mentions
  • 2 negative mentions
  • 3 very negative mentions
11/4/2025
  • 10 very positive mentions
  • 27 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
12/4/2025

Current Sentiment

  • 10 very positive mentions
  • 27 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
Fermi logo
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. In a world in which power is considered a key currency for AI innovation, we believe that Fermi has a unique combination of important advantages that will help propel America’s AI economy forward. Fermi offers investors an opportunity to invest in AI growth and grid-independent energy infrastructure through a tax-efficient public REIT structure. At the heart of our vision is the Advanced Energy and Intelligence Campus at Texas Tech University (“Project Matador”), which is a multi-gigawatt energy and data center development campus designed to support the accelerating needs of to-be-built AI infrastructure. Situated on a 5,236-acre site in Amarillo, Texas, Project Matador is secured by Fermi pursuant to a 99-year Ground Lease Agreement on land owned by the Texas Tech University System (as amended, the “Lease”), which we believe will provide long-term site control and potential efficiencies through a partnership with a public university. We believe our HyperRedundant™ site is strategically located adjacent to one of the largest known natural gas fields in the United States that is (i) within a high-radiance solar corridor, (ii) well-positioned for advanced nuclear development and (iii) supportive of multiple energy pathways including near-term natural gas power development. While Fermi’s mission is to expand beyond natural gas-fired generation, we believe our ready access to large volumes of natural gas from adjacent pipeline infrastructure could enable us to scale up to 11 GW of natural gas-fired base load power generation over time. Beyond natural gas-fired generation, our Combined License Application (“COL Application”) for 4 GW of nuclear power has undergone a preliminary review and has been accepted for processing by the U.S. Nuclear Regulatory Commission (the “NRC”), which reinforces Project Matador’s readiness for low-carbon baseload generation beyond natural gas-fired generation. With existing water, fiber, and natural gas infrastructure readily accessible, we believe Fermi is uniquely-positioned to deploy an integrated mix of natural gas, nuclear and solar energy power to enable grid-independent, high-density computing power on the Project Matador Site. Through a combination of natural gas turbine purchases, a focus on procuring other long lead-time equipment, and negotiations with Southwestern Public Service Company (“SPS”), the local utility, we expect to secure approximately 1.1 GW of power for our operations by the end of 2026 (including an expected 200 megawatts (“MW”) from our expected contractual arrangement with SPS). We believe this rapid power delivery timeline is a critical differentiator that will allow Fermi to attract tenants that require near-term access to large-scale, reliable energy to power their AI data center compute needs. Project Matador is in close proximity to the U.S. Department of Energy’s (the “DOE”) Pantex Plant (the “Pantex Plant”), the nation’s primary nuclear weapons center, which employs approximately 4,600 skilled nuclear professionals. Our proximity to the Pantex Plant offers us the opportunity to access a highly experienced workforce steeped in nuclear safety culture and expertise. We believe this proximity to critical United States nuclear and security infrastructure will be highly attractive to our prospective tenants. With key regulatory approvals in progress, growing stakeholder relationships and energy infrastructure readiness, we believe that Project Matador represents unmatched, sector-defining potential to deliver up to 11 GW of power to on-site compute centers by 2038 through a redundant and flexible mix of natural gas, nuclear and solar energy power. Project Matador is expected to be anchored by what we believe would become the nation’s second-largest nuclear generation complex with capacity to house up to four AP1000 Pressurized Water Reactors developed by Westinghouse. Through our REIT structure, Fermi offers investors exposure to AI infrastructure growth and long-term, large-scale and reliable energy development in a tax-efficient public vehicle. Our principal executive offices are located in Amarillo, TX.
Read More

Today's Range

Now: $15.91
Low: $14.25
High: $16.66

50 Day Range

MA: $22.69
Low: $14.10
High: $30.01

52 Week Range

Now: $15.91
Low: $12.88
High: $36.99

Volume

4,018,181 shs

Average Volume

4,136,758 shs

Market Capitalization

$9.77 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Fermi?

The following Wall Street sell-side analysts have issued reports on Fermi in the last year: Berenberg Bank, Cantor Fitzgerald, Evercore ISI, Macquarie, Mizuho, Redburn Partners, Rothschild & Co Redburn, Rothschild Redb, Stifel Nicolaus, UBS Group AG, and Zacks Research.
View the latest analyst ratings for FRMI.

What is the current price target for Fermi?

0 Wall Street analysts have set twelve-month price targets for Fermi in the last year. Their average twelve-month price target is $31.56, suggesting a possible upside of 98.3%. Evercore ISI has the highest price target set, predicting FRMI will reach $37.00 in the next twelve months. Mizuho has the lowest price target set, forecasting a price of $27.00 for Fermi in the next year.
View the latest price targets for FRMI.

What is the current consensus analyst rating for Fermi?

Fermi currently has 1 hold rating, 7 buy ratings and 2 strong buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe FRMI will outperform the market and that investors should add to their positions of Fermi.
View the latest ratings for FRMI.

What other companies compete with Fermi?

How do I contact Fermi's investor relations team?

Fermi's physical mailing address is 620 S. TAYLOR, SUITE 301, AMARILLO, TX, 79101. The company's listed phone number is (512) 552-0219. The official website for Fermi is fermiamerica.com. Learn More about contacing Fermi investor relations.