FRMI Stock Summary and Trading Ideas (Fermi | NASDAQ:FRMI)

Fermi Inc develops next-generation private electric grids that deliver redundant power at gigawatt scale to support next-generation intelligence and AI compute. It combines cutting-edge technology with a deep bench of world-class, multidisciplinary leaders with a combined 25 GW of experience to create one of the world's 17 GW next-gen private grids, helping ensure America's energy and AI dominance. The behind-the-meter Project Matador campus is expected to integrate the nation's combined-cycle natural gas project, one of the clean, new nuclear power complexes in America, utility grid power, solar power, and battery energy storage, to support hyperscale AI and computing.

Fermi trades on the NASDAQ stock market under the symbol FRMI.

As of November 3, 2026, FRMI stock price declined to $2.04 with 28,881,883 million shares trading.

FRMI has a beta of 2.20, meaning it tends to be more sensitive to market movements. FRMI has a correlation of 0.05 to the broad based SPY ETF.

FRMI has a market cap of $1.30 billion. This is considered a Small Cap stock.

Last quarter Fermi reported $0 in Revenue and -$.04 earnings per share. This fell short of revenue expectation by $-6 million and exceeded earnings estimates by $.02.

The top ETF exchange traded funds that FRMI belongs to (by Net Assets): VTI, VB, VXF, VBR, VBK.

FRMI has underperformed the market in the last year with a price return of -92.2% while the SPY ETF gained +11.7%. FRMI has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -64.2% and -32.6%, respectively, while the SPY returned +1.2% and -1.6%, respectively.

FRMI support price is $2.03 and resistance is $2.38 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FRMI shares will trade within this expected range on the day.