Fermi Inc. Common Stock (FRMI) Research

Fermi Inc. is dedicated to establishing essential energy infrastructure. The company plans to build an integrated campus that combines energy production with data center facilities, designed to meet the significant requirements of forthcoming artificial intelligence infrastructure. Co-founded by Rick Perry, Toby Neugebauer, and Griffin Perry, the firm was established on January 10, 2025, and operates from its headquarters in Amarillo, Texas.

Market snapshot

Symbol
FRMI
Price
$9.50
Day change
+9.70%
Market cap
$6.1B
P/E ratio
-8.86x
52-week range
4.47-36.99
Sector
Utilities
Industry
Regulated Electric
Next earnings
in 2 months
Analyst price target
$8.33

Recent news

  • Fermi shares surge on report OpenAI may be eyeing major capacity deal

    Shares of Fermi Inc (NASDAQ:FRMI, LSE:FRMI) jumped more than 26% on Tuesday after reports that analyst firm JMP Citizens said OpenAI is likely among several counterparties evaluating capacity at the company's Project Matador AI power campus and that a significant deal could be imminent. JMP Citizens reportedly said that OpenAI has likely been assessing Fermi's capacity at Project Matador and flagged the potential for a major commercial agreement.

  • Fermi shares surge on report OpenAI may be eyeing major capacity deal

    Shares of Fermi Inc (NASDAQ:FRMI, LSE:FRMI) jumped more than 26% on Tuesday after reports that analyst firm JMP Citizens said OpenAI is likely among several...

  • Fermi Stock Slides as Ex-CEO Calls a Special Meeting. Will Shareholders Vote to Sell?

    Recently ousted CEO Toby Neugebauer is calling for a shareholder vote at Fermi, though its unclear if the meeting will take place.

Peer companies

  • Algonquin Power & Utilities Cor (AQNB)
  • Brookfield Infrastructure Partners L.P. (BIP)
  • Duke Energy Corporation (DUK)
  • Emera Incorporated (EMA)
  • Evergy, Inc. (EVRG)
  • Alliant Energy Corporation (LNT)
  • Oklo Inc. (OKLO)
  • Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS)

Recent insider activity

  • Uzman Mesut — S-Sale (79032 shares) on 2026-06-03
  • Uzman Mesut — S-Sale (79509 shares) on 2026-06-03
  • Haas Marius — A-Award (175094 shares) on 2026-06-01
  • Stein Jeffrey Scott — A-Award (250000 shares) on 2026-06-01
  • Robbin-Coker Cordel — A-Award (175094 shares) on 2026-06-01

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