Fermi Inc. FRMI
1.93 USD +0.12 (+6.62%)
Nov 12, 2026, 10:27 AM EST
1.69 Day range 2.14
1.53 52-week range 21.76
- YTD
- -75.88%
- 1 year
- -91.13%
News
benzinga.com Intuitive Machines, Mobility Global, Fermi And Other Big Stocks Moving Higher On Thursday U.S. stocks were mixed as Nasdaq fell; Intuitive Machines surged 16% on strong Q3 results, while AEVEX and others posted gains.
benzinga.com Fermi Q3 2026 Earnings Call Transcript Fermi (NASDAQ:FRMI) reported third-quarter financial results on Thursday. The transcript from the company’s third-quarter earnings call has been provided below.This transcript is brought to you by…
barrons.com Fermi's New AI Deal Softens the Blow of a $6.5 Billion Setback A $200 million commitment offers hope after Fermi terminated a $6.5 billion deal.
benzinga.com Fermi Announces Multiple New Agreements With Investment-Grade Hyperscaler To Advance 600 Megawatts Of Power Capacity At Project Matador Tenant Agreement UpdatesInvestment-Grade Hyperscaler Agreements. Fermi has entered into agreements with an undisclosed investment-grade hyperscale customer to advance development of an initial 600 MW…
benzinga.com Fermi Q3 EPS $(0.22) Misses $(0.09) Estimate Fermi (NASDAQ:FRMI) reported quarterly losses of $(0.22) per share which missed the analyst consensus estimate of $(0.09) by 175 percent. This is a 73.81 percent increase over losses of $(0.84) per…
benzinga.com Nasdaq 100 Jumps 2.8% as CoreWeave, Nvidia Climb: Stock Market Today CoreWeave's 25.1% surge revived the AI trade, lifting chipmakers, memory and power stocks, while Nvidia shrugged off a Baird downgrade.
defenseworld.net Fermi (NASDAQ:FRMI) Stock: Insider Toby Neugebauer Sells 2,563,800 Shares Fermi Inc. (NASDAQ: FRMI - Get Free Report) major shareholder Toby Neugebauer sold 2,563,800 shares of the stock in a transaction that occurred on Tuesday, November 3rd. The stock was sold at an…- defenseworld.net Fermi (NASDAQ:FRMI) Stock: Insider Toby Neugebauer Sells 2,563,800 Shares Fermi Inc. (NASDAQ: FRMI - Get Free Report) major shareholder Toby Neugebauer sold 2,563,800 shares of the stock in a transaction that occurred on Tuesday, November 3rd. The stock was sold at an…
benzinga.com AI Stocks Got Hammered After Midterms, but This Analyst Says the Panic Is Overblown Bernstein calls the AI data center stock drop overblown, forecasting just a 2% to 4% national capacity impact post-elections.
prnewswire.com Fermi's Co-Founder and Largest Shareholder, Toby Neugebauer: "Fermi's Shareholders, the Markets and Texas Voters Have Rejected Rick Perry and Fermi's 'We Can Do Whatever We Want' Board" "Today should be Fermi's greatest day. Fermi was built on the understanding that voters do not want data centers on their grid.
benzinga.com Fermi Announces TensorWave Data Center Lease Closing Missed October 31 Deadline As Both Parties Continue Working To Satisfy Conditions; CEO Says Both Fermi And TensorWave Remain Committed To This Lease Fermi Inc. (NASDAQ:FRMI)(LSE:FRMI), operating as Fermi America™ ("Fermi" or the "Company"), today issued the following statement on the Data Center Lease and Services Agreement (the "Lease")
benzinga.com Dow Rises 1%, Oil Sinks 7% on Iran Peace Hopes: Stock Market Today Oil tumbles on renewed U.S.-Iran diplomacy, pulling Treasury yields lower and lifting the Dow, airlines and Amazon while energy stocks lag.
benzinga.com What's Going On With Fermi Stock Friday? Fermi Inc. (FRMI) eases near-term debt with a key MUFG loan amendment while preparing for Q3 earnings. Get the full market update.
benzinga.com Cantor Fitzgerald Maintains Overweight on Fermi, Lowers Price Target to $8 Cantor Fitzgerald analyst Brett Knoblauch maintains Fermi (NASDAQ:FRMI) with a Overweight and lowers the price target from $12 to $8.
benzinga.com Fermi Amends Equipment Supply Loan Financing Terms With MUFG To Eliminate Covenant Requiring A Lease Or Offtake Arrangement For 400 MW On The Project Matador Site By November 10 On October 16 2026, Fermi Inc. (the "Company") announced that Fermi Turbine Warehouse LLC (the "Borrower") and Firebird Equipment Holdco LLC, each an indirect wholly owned subsidiary of the Company,
benzinga.com Nasdaq 100 Drops 1% on Hot CPI, SOXX Falls 7th Day: Stock Market Today The Nasdaq 100 fell 1% by midday Wednesday after September CPI topped forecasts, pushing Treasury yields and rate-hike bets higher.
benzinga.com Chip Stocks Slide as South Korea's KOSPI Plunges, J&J Sinks 6%: Stock Market Today Chip stocks sold off after a 5% KOSPI plunge, with Micron and Applied Materials sinking, while J&J fell despite a guidance raise.
benzinga.com Fermi Secures AMD Backing For Texas AI Project Fermi (FRMI) stock surged 18% after partnering with AMD for credit support on its 222 MW Project Matador AI power campus in Texas.
benzinga.com Crude Oil Edges Higher; Citigroup Earnings Top Views U.S. stocks edged lower; Citi beat Q3 estimates. Bumble and BIO-key surged, while Pershing Square, Cipher Digital and Syndax fell.
benzinga.com Bumble, Fermi, Xtend AI Robotics And Other Big Stocks Moving Higher On Tuesday U.S. stocks mostly fell; Bumble surged 56.7% on Ithaca’s $6.05 buyout offer, while Fermi, Enerflex, BigBear.ai and others gained.- benzinga.com Fermi Inks Credit Support Agreement With AMD To Support Lease For Phase 1 Of Its Project Matador Energy And AI Buiildout In Texas Fermi Inc. (Nasdaq:FRMI)(LSE:FRMI), operating as Fermi America™ ("Fermi" or the "Company"), today announced that it has signed a credit support agreement with AMD, the high performance and adaptive
benzinga.com Stock Market Today: S&P 500 Slips as Oil Spikes 5%, 10-Year Yields Near 5.35% Stocks slip as Gulf tanker attacks lift Brent above $105 and the 10-year yield nears 5.35%; small caps lag while energy and Chipotle rally.
benzinga.com Stock Market Today: S&P 500 Slips as Micron Fails to Impress, 10-Year Yields Ease to 5.25% Micron slides despite a record quarter as the 10-year yield nears 5.3% and oil tops $92, while Accenture, Coherent and Vicor surge on earnings and AI optics.
benzinga.com Jim Cramer: This Real Estate Company 'Should Never' Have Gone Public Cramer criticized Fermi, avoided aerospace stock Heico, and questioned Grab’s turnaround after its $1.49B Atome deal.- benzinga.com Fermi's Fermi Services Subsidiary Taps CBRE As Operations, Maintenance Provider For Constructing Fermi's First Data Center In Texas Fermi Inc. (NASDAQ:FRMI)(LSE:FRMI), operating as Fermi America™ ("Fermi" or the "Company"), announced today that its subsidiary, Fermi Services LLC, has signed a management agreement with CBRE, the
benzinga.com Fermi Founders Take Actions Ahead Of October 30 Annual Meeting, Including Request That The Board Retain An Independent Investment Bank To Review Full Range Of Extraordinary Transactions Available To The Company Toby Neugebauer says the Board must act quickly to restore stakeholder confidence.Shares down roughly 20% since Board announced they had met all 90-day objectives on August 13, 35% since the Board…
benzinga.com S&P 500, Nasdaq Slip as $98 Brent Reignites Inflation Fears: Stock Market Today Crude near $98 pushes the 10-year Treasury yield above 4.8% for the first time since 2023, hammering the Dow as traders price a Fed rate hike next week.
benzinga.com Macquarie Maintains Outperform on Fermi, Lowers Price Target to $15 Macquarie analyst Paul Golding maintains Fermi (NASDAQ:FRMI) with a Outperform and lowers the price target from $18 to $15.
benzinga.com Chip Stocks Power S&P 500 to Record Highs, SanDisk Soars 15%: Stock Market Today A second straight cool inflation print sent the S&P 500 above 7,800 for the first time as chipmakers surged.
benzinga.com Fermi Reports Q2 2026 Results: Full Earnings Call Transcript Fermi (NASDAQ:FRMI) held its second-quarter earnings conference call on Thursday. Below is the complete transcript from the call. This transcript is brought to you by Benzinga APIs. For real-time…- benzinga.com Fermi Q2 EPS $(0.04) Beats $(0.07) Estimate Fermi (NASDAQ:FRMI) reported quarterly losses of $(0.04) per share which beat the analyst consensus estimate of $(0.07) by 42.86 percent.
benzinga.com Ondas Could Swing $634 Million After Earnings Earnings for Bullish, a digital-asset platform, are expected to cause a 9.46% move in the market. Ondas Inc. could also see an 11.14% move with their communications equipment and autonomous systems…- benzinga.com Fermi And Hillcore Energy Capital Reveal 2.6 Gigawatt Power Strategic Alliance For Project Matador Fermi Inc. (NASDAQ:FRMI)(LSE:FRMI), operating as Fermi America™ ("Fermi" or the "Company"), announced the execution of a framework agreement with Hillcore Energy Capital Corporation ("Hillcore")
benzinga.com S&P 500 Eyes Records, Fed Hike Odds Near 51% Before CPI: Stock Market Today Crude rebounds and small caps outperform while megacap tech drags the Nasdaq lower, as traders brace for Wednesday's U.S. inflation print and even odds of a Fed hike.
benzinga.com Quantum, Kopin, Alamar Biosciences And Other Big Stocks Moving Higher On Tuesday QMCO gained 44% after reporting strong Q1 earnings and guidance above estimates. Other gainers include NIQ, RPD, KOPN, FRMI, ALMR, MG, BW, SE, RNW, and RIOT.
benzinga.com Fermi Lands $6.5 Billion AI Data Center Deal With TensorWave Fermi (FRMI) stock jumps 19% after securing a $6.5B, 15-year Project Matador AI data center lease with TensorWave.
benzinga.com Why Riot Platforms Shares Are Trading Higher By Around 19%; Here Are 20 Stocks Moving Premarket Riot Platforms Inc (NASDAQ: RIOT) rose sharply in pre-market trading after reporting strong second-quarter financial results.- benzinga.com Fermi Signs First Binding 15-Year TensorWave Lease Worth $6.5B For 222MW AI Data Center, With Expansion Rights To More Than 650MW Intends to grow the partnership to more than 650 megawatts (MW) over three phasesFirst phase to deliver a complete turnkey data center solution with 222 MW beginning in the second half of 2027,…
- benzinga.com Mizuho Maintains Outperform on Fermi, Lowers Price Target to $11 Mizuho analyst Vikram Malhotra maintains Fermi (NASDAQ:FRMI) with a Outperform and lowers the price target from $27 to $11.
benzinga.com S&P 500 Rises As Oil Sinks On Iran Talk Hopes: Stock Market Today Crude fell about 4% on renewed US-Iran talk hopes, easing yields and fueling a broad rally in real estate, homebuilders and airlines.
benzinga.com Fermi, Delta Air Lines And Other Big Stocks Moving Lower In Friday’s Pre-Market Session U.S. stock futures mixed, Dow futures up 100 pts. Fermi Inc (FRMI) shares down 20.4% in pre-market along with other stocks declining.
benzinga.com Why WD-40 Shares Are Trading Higher By 15%; Here Are 20 Stocks Moving Premarket WD-40 Co (WDFC) shares rise sharply in pre-market trading after reporting better-than-expected third-quarter financial results.
benzinga.com Fermi Stock Slides After Hours After Convertible Notes Offering Fermi stock falls after hours after pricing an upsized $375 million convertible senior notes offering with capped call protection.- benzinga.com Fermi Prices Upsized $375M 5.00% Convertible Notes Due 2031 At $9.52, Effective $14.64 Via Capped Call, Closing July 14 Key Elements of the Transaction:$375 million of attractively priced capital raised ($431.25 million if the initial purchasers fully exercise their option to purchase additional Notes).Initial…
benzinga.com Fermi Plans $350M Convertible Senior Notes Offering Due 2031 Fermi Inc. (NASDAQ:FRMI)(LSE:FRMI), operating as Fermi America™ ("Fermi" or the "Company") today announced its intention to offer, subject to market conditions and other factors, $350 million…- benzinga.com Primoris Awarded Engineering And Construction Work For Fermi's First Six SGT-800 Gas Turbines As Part Of Phase One Power Buildout The agreement covers the engineering, procurement, and construction scope for the simple cycle phase of Fermi's Siemens 6x1 combined cycle generating facility, rising adjacent to the Project Matador…
- benzinga.com Fermi Has Signed A Service Agreement With TSK Electronica y Electricidad USA For Its Three Siemens SGT6-5000F Gas Turbines That Will Anchor Project Matador's Second Phase Buildout Agreement accelerates engineering and permitting activities for Project Matador's second phase buildoutDALLAS, June 25, 2026 /PRNewswire/ -- Fermi Inc. (NASDAQ:FRMI) (LSE: FRMI), operating as Fermi…
- benzinga.com Stifel Maintains Buy on Fermi, Lowers Price Target to $17 Stifel analyst Stephen Gengaro maintains Fermi (NASDAQ:FRMI) with a Buy and lowers the price target from $29 to $17.
benzinga.com Nasdaq 100 Rallies, Oil Sinks To $75 On Iran Peace Deal: Stock Market Today Stocks staged a broad rebound Thursday as a signed U.S.-Iran peace deal sank oil and an Intel-Apple chip pact powered semis.
benzinga.com Quantumscape, Marvell Technology, Micron Technology And Other Big Stocks Moving Higher On Thursday Dow Jones index up 200+ points on Thursday. Quantumscape shares rise 12.9%. Other notable gains: BFLY 31.3%, MFI 29.6%, SWBI 17.9%, VELO 16.3%