FRMI

Fermi Inc.

NASDAQ: FRMI · REAL ESTATE · REIT - SPECIALTY

$5.86

-6.69% today

Updated 2026-07-29

Market cap

$3.86B

P/E ratio

—

P/S ratio

—

EPS (TTM)

$-1.14

Dividend yield

—

52W range

$4 – $37

Volume

18.7M

Market cap

$3.86B

P/E ratio

—

P/S ratio

—

EPS (TTM)

$-1.14

Dividend yield

—

52W range

$4 – $37

Volume

18.7M

WallStSmart proprietary scores

out of 100

Grade: F

Strong Sell

Investment rating

4.3

Growth

4.8

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+) →206 stocks currently score above 75

Price targets

Analyst target

$19.00

+224.23%

12-Month target

—

Intrinsic (DCF)

—

Margin of safety

—

1 Strong Buy5 Buy2 Hold0 Sell0 Strong Sell

Price chart

Stock snapshot

Strengths

+ Debt/equity 0.43x — low leverage

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	$3.86B	22	4.3	4.0	5.0	4.8	—	Avoid
WELL	$172.98B	57	10.0	5.5	3.0	6.3	—	Buy
PLD	$138.06B	65	8.0	7.0	5.3	4.5	+43.16%	Strong Buy
EQIX	$101.46B	54	6.7	6.5	2.0	3.5	-86.52%	Buy
SPG	$85.96B	63	7.3	9.0	4.0	3.0	-26.83%	Buy
AMT	$77.37B	72	6.7	9.0	5.3	3.0	+6.56%	Strong Buy

Smart narrative

Fermi Inc. trades at $5.86. 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 $5.86.

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 $19.00, about 224.2% above the current $5.86. 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$6.97

200D MA$11.35

Shares out0.64B

Float0.27B

Short ratio—

Avg volume18.7M

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 →