FRMI Fermi Inc. - Common Stock

NASDAQ · Real Estate · View on SEC EDGAR ↗
$5.78
Price · May 20, 2026
Fundamentals as of Apr 30, 2026
52W Range
$4–$37
4% of range
Analyst Rating
BUY
16 analysts
Price Target
$20
+255% upside
P/E (TTM)
-7.1
ROE
—
Net Profit Margin
—

FRMI Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price
$5.78
Market Cap
—
P/E (TTM)
-7.1
EPS (TTM)
$-1.13
Revenue (TTM)
—
Div Yield
—
ROE
—
Debt/Equity
—
52W Range
$4 – $37

FRMI Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income —
EPS $-1.13
2025-12-31 → 2025-12-31
Free Cash Flow —
Margins —

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric
5Y trend
FRMI
Peer Median
P/E (TTM)
-7.1
60.8

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric
5Y trend
FRMI
Peer Median

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric
5Y trend
FRMI
Peer Median

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric
5Y trend
FRMI
Peer Median

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric
5Y trend
FRMI
Peer Median
EPS (Diluted)
$-1.13
—

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric
5Y trend
FRMI
Peer Median

FRMI Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

BUY 16 analysts
  • Strong Buy 4 25.0%
  • Buy 11 68.8%
  • Hold 1 6.2%
  • Sell 0 0.0%
  • Strong Sell 0 0.0%

12-Month Price Target

8 analysts · 2026-05-21
Median target $22.50 +289.3%
Mean target $20.50 +254.7%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise
-0.14%
Period EPS Actual EPS Est Surprise
March 31, 2026 $-0.26 $-0.05 -0.21%
Dec. 31, 2025 $-0.18 $-0.02 -0.16%
Sept. 30, 2025 $-0.08 $-0.03 -0.05%

Peer Comparison Key metrics vs sector peers

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
FRMI — -7.1 — — — —
EQIX $75.26B 55.7 5.4% 14.6% 9.8% —
DLR $53.15B 43.2 10.0% 21.4% 5.9% —

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Income Statement 9
Annual Income Statement data for FRMI
Metric Trend 2025
SG&A Expense $178M
Operating Expenses $178M
Operating Income $-178M
Other Non-op $-312M
Net Income $-486M
EPS (Basic) $-1.13
EPS (Diluted) $-1.13
Shares (Basic) 467,963,408
Shares (Diluted) 467,963,408
Balance Sheet 14
Annual Balance Sheet data for FRMI
Metric Trend 2025
Cash & Equivalents $409M
PP&E (Net) $935M
PP&E (Gross) $935M
Accum. Depreciation $0
Total Assets $1.41B
Short-term Debt $149M
Total Liabilities $317M
Long-term Debt $149M
Common Stock $628.0K
Paid-in Capital $1.23B
Retained Earnings $-133M
Stockholders' Equity $1.10B
Liabilities + Equity $1.41B
Shares Outstanding 629,839,790
Cash Flow 4
Annual Cash Flow data for FRMI
Metric Trend 2025
Operating Cash Flow $-34M
CapEx $569M
Investing Cash Flow $-570M
Financing Cash Flow $1.01B
Per Share 1
Annual Per Share data for FRMI
Metric Trend 2025
EPS (TTM) $-1.13
Valuation (TTM) 4
Annual Valuation (TTM) data for FRMI
Metric Trend 2025
Net Income TTM $-486M
P/E -7.1
P / Tangible Book 4.6
Earnings Yield -14.1%

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Income Statement
2025-12-31
Net Income $-486M
Diluted EPS $-1.13

Latest News Recent headlines mentioning this company

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