FRMI

Fermi Inc.

NASDAQ: FRMI · REAL ESTATE · REIT - SPECIALTY

$5.37

-6.47% today

Updated 2026-06-05

Market cap

$4.56B

P/E ratio

—

P/S ratio

—

EPS (TTM)

$-1.14

Dividend yield

—

52W range

$4 – $37

Volume

17.6M

Market cap

$4.56B

P/E ratio

—

P/S ratio

—

EPS (TTM)

$-1.14

Dividend yield

—

52W range

$4 – $37

Volume

17.6M

WallStSmart proprietary scores

out of 100

Grade: F

Strong Sell

Investment rating

4.3

Growth

4.0

Quality

4.0

Profitability

5.0

Valuation

C+

2/9

Piotroski F-Score

Weak

—

Altman Z-Score

—

Industry rank

—

View all highly rated stocks (75+) →202 stocks currently score above 75

Price targets

Analyst target

$20.50

+281.75%

12-Month target

—

Intrinsic (DCF)

—

Margin of safety

—

1 Strong Buy8 Buy0 Hold0 Sell0 Strong Sell

Price chart

Stock snapshot

Strengths

Insufficient data

Risks

- Piotroski 2/9 — weak financial health

- Thin margins at 0.00%

- Negative free cash flow $-448.53M

Key financials

Revenue Net Income Free Cash Flow

Metric	2025	TTM
Revenue	$0.00	$0.00
Net income	$-486.38M	$-188.69M
EPS	—	$-1.14
Free cash flow	$-603.46M	$-448.53M
Profit margin	—	—

Peer comparison

Company	Mkt Cap	Score	Growth	Profit	Value	Quality	MoS	Rating
FRMI	$4.56B	22	4.3	4.0	5.0	4.0	—	Avoid
WELL	$137.90B	57	10.0	5.5	2.0	7.0	-78.31%	Buy
PLD	$130.91B	63	8.0	7.0	5.3	4.0	+43.28%	Buy
EQIX	$105.71B	54	6.7	6.5	3.0	3.5	—	Buy
AMT	$86.44B	72	6.7	9.0	5.3	3.0	+7.03%	Strong Buy
SPG	$77.34B	63	7.3	9.0	4.0	3.0	-28.01%	Buy

Smart narrative

Fermi Inc. trades at $5.37. Our Smart Value Score of 22/100 indicates the stock is weak. The company scores 2/9 on the Piotroski F-Score.

Frequently asked questions

What is Fermi Inc.'s stock price?

Fermi Inc. (FRMI) trades at $5.37.

Is Fermi Inc. overvalued?

Fermi Inc. carries a Smart Value Score of 22/100 (Grade F), which we rate Strong Sell. That score blends growth, quality, and valuation into one read.

What is the price target of Fermi Inc. (FRMI)?

The 12-month analyst consensus target is $20.50, about 281.8% above the current $5.37. A consensus target is the average of Wall Street's 12-month forecasts, so it works as a sentiment gauge rather than a guarantee, and it resets with every earnings cycle.

Company info

SectorREAL ESTATE

IndustryREIT - SPECIALTY

CountryUSA

ExchangeNASDAQ

CurrencyUSD

Quick metrics

P/S ratio—

ROE—

Beta—

50D MA$5.81

200D MA$11.81

Shares out0.64B

Float0.26B

Short ratio—

Avg volume17.6M

Performance

1 week—

1 month—

3 months—

YTD—

1 year—

3 years—

5 years—

Compare

FRMI vs WELL →FRMI vs PLD →FRMI vs EQIX →Stock screener →