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StockVS

NASDAQ · REIT - Specialty · USD

Fermi Inc. (FRMI) Stock Analysis

Fermi Inc. (FRMI) is a REIT - Specialty stock listed on NASDAQ and quoted in US Dollar.

Last Updated: October 21, 2026

FRMI

$2.86

−$0.08 (−2.72%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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FRMI Key Statistics

As of Oct 21, 2026
Trading
Open
$3.03
Previous Close
$2.94
Day's Range
2.80–3.06
52-Week Range
2.80–30.90
Volume
16.21M
Valuation
Market Cap
$1.83B
P/E Ratio
unprofitable
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
12.86
EPS (ttm)Profit attributable to each share over the last twelve months.
−1.27
Financials (FY)
Revenue (FY)
$0.00
Net Income (FY)
−$486.38M
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
641.26M
1-Year Return
−86.83%
Dividend and dates
Earnings Date
November 12, 2026
Avg Volume
19.76M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, FRMI closed at $2.86, −86.83% over 1 year.

Fermi Inc. (FRMI) has a market capitalization of $1.83B.

FRMI Stock Return by Calendar Year

Fermi Inc. (FRMI) return since Oct 2025: what $10,000 became

1 year
$10,000 $1,317
−86.83%
Since Oct 2025
$10,000 $879
−91.21%

If you had invested $10,000 in Fermi Inc. (FRMI) at the close on October 1, 2025, the earliest close on record here, it would have been worth $879 at the close on October 21, 2026: −91.21% in total, −90.04% a year, over a partial period shorter than 10 years. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−64.25%
2025 (partial year)−75.41%

As of October 21, 2026.

Recent News

All 20 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Fermi Inc. (FRMI) is capitalised at $1.83B on the latest close. It is classified in the REIT - Specialty industry, within the Real Estate sector. The company reports 35 employees.

The most recent close on file for FRMI is $2.86, dated October 21, 2026. That is −$0.08 (−2.72%) against the previous close. The 52-week range on file runs from $2.80 to $30.90. The latest close sits 2.14% above that 52-week low.

Financial Health

In fiscal 2025, Fermi Inc. reported revenue of $0.00. The same year closed with a net loss of $486.38M. Earnings per share on a trailing basis come to −1.27.

Valuation Assessment

No trailing P/E applies: the last reported earnings figure is negative. On forward earnings the ratio is 12.86.

Over the trailing twelve months the total return is −86.83%. Annualized volatility over the trailing 1 year is 121.24%.

Growth & Income

The record shows no dividend for FRMI.

2026 is still running; the total return is −64.25% year to date.

Peer Comparison

Fermi Inc. (FRMI) operates in the REIT - Specialty industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Fermi Inc. FRMI $1.83B —
Equinix, Inc. EQIX $98.18B 64.0
American Tower Corporation AMT $82.77B 24.4
Digital Realty Trust, Inc. DLR $66.59B 85.6

The REIT - Specialty industry average P/E ratio is 27.4x. Fermi Inc. has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Fermi Inc.

Fermi Inc. develops next-generation private electric grids that deliver highly redundant power at gigawatt scale to support next-generation intelligence and AI compute. The company combines cutting-edge technology with a deep bench of proven world-class multidisciplinary leaders with a combined 25 GW of experience to create one of the world's largest 17 GW next-generation private grids, helping ensure America's energy and AI dominance. The behind-the-meter Project Matador campus is expected to integrate the nation's largest combined-cycle natural gas project, one of the largest clean new nuclear power complexes in America, utility grid power, solar power, and battery energy storage to support hyperscale AI and advanced computing. The company was incorporated in 2025 is headquartered in Amarillo, Texas.

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