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

Fermi Inc building a private power campus for AI-centric customers, developing and leasing large-scale, grid-independent energy generation and high-performance computing facilities purpose-built for the hyperscale era. The company is also developing a private energy and site infrastructure platform across the campus to support multiple powered shell buildings and a diversified, integrated power supply, including private power generation and delivery infrastructure, substations, internal distribution networks, water and cooling systems, and other essential infrastructure. In addition to powered shell facilities, it may offer long-term ground leases to tenants that elect to construct their own powered shell facilities on land, with or without integrated power delivery.

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

As of July 16, 2026, FRMI stock price declined to $5.93 with 13,150,879 million shares trading.

FRMI has a beta of 1.87, meaning it tends to be more sensitive to market movements. FRMI has a correlation of 0.04 to the broad based SPY ETF.

FRMI has a market cap of $3.78 billion. This is considered a Mid Cap stock.

Last quarter Fermi reported $0 in Revenue and -$.30 earnings per share. This fell short of revenue expectation by $-4 million and missed earnings estimates by -$.25.

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

FRMI support price is $5.77 and resistance is $6.73 (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.