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Fermi Inc. (FRMI) Ends Losses, Jumps 7% on Bargain-Hunting
Yahoo Finance· 2025-10-08 17:25
We recently published 10 Hot Stocks Sparking Buying Frenzy. Fermi Inc. (NASDAQ:FRMI) is one of the best performers on Tuesday. Fermi snapped a three-day losing streak on Tuesday, jumping 6.91 percent to close at $28.17 apiece as investors resorted to bargain-hunting to take advantage of its cheap valuation, supported by optimism from strong demand for AI. Fermi Inc. (NASDAQ:FRMI) is a newly listed company that successfully raised $682 million from its initial public offering (IPO) covering 32.5 million s ...
Fermi: Great Concept But Grossly Overpriced
Seeking Alpha· 2025-10-08 09:19
Group 1 - Fermi Inc. is a new IPO positioned within the AI sector, planning to develop a mega-campus for energy infrastructure and data centers to support AI development [1] - The company has secured a 99-year ground lease on 5,236 acres, which is strategically located for connectivity and access to power [4] - Fermi aims to generate 11 GW of onsite power from reliable sources like nuclear and natural gas, with plans for large-scale data centers [7] Group 2 - The business model involves leasing data centers along with power capacity, which qualifies for REIT tax laws [8][9] - Fermi's market analysis suggests that a tenant lease could generate $1.5 billion in revenue per GW of capacity, leading to an estimated $1 billion in NOI after operating expenses [11] - The company has a letter of intent with an investment-grade tenant for a 20-year lease, indicating strong demand for its services [9] Group 3 - Fermi's co-founder, Rick Perry, may help navigate regulatory challenges due to his experience as a former U.S. Secretary of Energy [16] - The company has contracted for approximately 720 MW of generating capacity and has a preliminary agreement for an additional 200 MW from Xcel Energy [17] - Fermi's business plan is considered reasonable given the demand for energy infrastructure, although execution risks remain [18] Group 4 - The IPO raised about $2 billion, but the market cap is currently around $18 billion, raising concerns about overvaluation [19][26] - The majority of shares were issued at low prices, leading to significant dilution for public investors who paid higher prices during the IPO [33][34] - The limited float of shares (only 32.5 million out of 592 million) contributes to the inflated market valuation, with expectations of a price drop as lock-up periods expire [35][38]
Fermi (FRMI) Nosedives on Profit-Taking on Double-Digit Upside Potential
Yahoo Finance· 2025-10-07 15:01
We recently published 10 Stocks Investors Are Dumping. Fermi Inc. (NASDAQ:FRMI) is one of the worst performers on Monday. Fermi extended its losing streak to a third consecutive day on Monday, losing 7.87 percent to end at $26.35 apiece as investors continued to take profits to take advantage of the stock’s 25 percent upside potential. Fermi Inc. (NASDAQ:FRMI), a newly listed company, debuted on the stock market last Wednesday, offering 32.5 million shares at an initial public offering (IPO) price of $21 ...
Buy, Sell, or Hold Fermi Stock?
Forbes· 2025-10-07 09:15
The staff of the power supply company conducts a routine inspection of the newly built pole section transmission line of the 500 kV Sanqiu Chateng Line in Nanjing, Jiangsu Province, China, on September 12, 2025. (Photo by Costfoto/NurPhoto via Getty Images)NurPhoto via Getty ImagesFermi Inc., (NASDAQ: FRMI), a Texas-based AI infrastructure startup co-founded by former U.S. Energy Secretary Rick Perry, recently had a successful IPO. Just a few months after its founding in January, the company went public las ...
Jim Cramer Calls Fermi Inc (FRMI) A “Fascinating” Deal
Yahoo Finance· 2025-10-06 19:59
We recently published 12 Stocks Jim Cramer Mentioned In An Episode Where He Briefly Commented On Data Centers. Fermi Inc. Common Stock (NASDAQ:FRMI) is one of the stocks Jim Cramer recently discussed. Fermi Inc. Common Stock (NASDAQ:FRMI)’s shares were listed for trading the day this episode was aired. It is a company seeking to target the growing needs of AI infrastructure by building a data center complex powered by nuclear, natural gas, and solar power. Through these power sources, Fermi Inc. Common St ...
Jim Cramer on Fermi Inc.: “It’s Kind of More of a Business Plan Than an Actual Business”
Yahoo Finance· 2025-10-04 21:01
Company Overview - Fermi Inc. (NASDAQ:FRMI) is a newly established company focused on developing large-scale next-generation electric grids aimed at powering advanced artificial intelligence [2] - The company plans to integrate various energy sources, including nuclear, natural gas, solar, battery storage, and utility power, to provide highly redundant gigawatt-scale energy [2] Financial Status - Currently, Fermi Inc. has no revenue and has incurred over $6 million in expenses during its first nine months of operation [1] - The company is viewed more as a business plan than an actual business at this stage, indicating a long timeline before potential profitability [1] Investment Perspective - While there is potential for Fermi Inc. as an investment, there are other AI stocks that may offer greater upside potential and carry less downside risk [3] - The company is still in the early stages of development, which may affect its attractiveness to investors compared to more established AI stocks [3]
Should You Buy FRMI Stock After the Fermi IPO?
Yahoo Finance· 2025-10-02 17:11
Fermi (FRMI) shares remain in the spotlight on Thursday after a blockbuster initial public offering (IPO) that valued the company’s shares at $21 each. The real estate investment trust (REIT) headquartered in Amarillo, Texas is committed to powering artificial intelligence (AI) data centers with natural gas (NGX25) and nuclear reactors. More News from Barchart FRMI shares printed a high above $36 on Thursday, indicating a 70% premium on their IPO price. www.barchart.com The Case for Investing in Fermi ...
Fermi stock price rises today after successful IPO: Rick Perry's data center firm benefits from AI FOMO
Fastcompany· 2025-10-02 17:01
Most Innovative Companies Final Deadline: October 3 LOGIN SUBSCRIBE | FastCo Works advertisement BYÂ Sarah Fielding Listen to this ArticleMore info 0:00 / 0:00 Despite being under a year old and having no revenue, Fermi America had a very successful initial public offering (IPO) this week. The company, which aims to provide data and power centers for artificial intelligence, saw its shares (Nasdaq: FRMI) close at $32.53 on their first day of trading Wednesday, up nearly 55% from their IPO price of $21 per s ...
Fermi: Highly Speculative Given Construction Risk
Seeking Alpha· 2025-10-02 12:15
Shares of Fermi Inc. (NASDAQ: FRMI ) have had a strong first day after successfully launching their initial public offering. The stock is now up about 40% from its IPO level, and the issuance, as well as the subsequentOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an article, just let me know!Analyst’s Disclosur ...
Morning Market Movers: CIGL, UFG, FRMI, KDK See Big Swings
RTTNews· 2025-10-02 12:05
Core Viewpoint - Premarket trading is showing notable activity with significant price movements indicating potential investment opportunities before the market opens [1] Premarket Gainers - Concorde International Group Ltd. (CIGL) increased by 53% to $3.94 [3] - Fermi Inc. Common Stock (FRMI) rose by 13% to $36.99 [3] - Kodiak AI, Inc. (KDK) also saw a 13% increase, reaching $6.76 [3] - AngioDynamics, Inc. (ANGO) gained 12%, trading at $12.45 [3] - Angel Studios, Inc. (ANGX) was up 11% at $8.51 [3] - Spruce Biosciences, Inc. (SPRB) increased by 9% to $9.75 [3] - K Wave Media Ltd. (KWM) rose by 9% to $2.66 [3] - Shoals Technologies Group, Inc. (SHLS) saw an 8% increase, trading at $8.59 [3] - StableX Technologies, Inc. (SBLX) was up 7% at $5.65 [3] Premarket Losers - Uni-Fuels Holdings Limited (UFG) decreased by 51% to $2.42 [4] - Akanda Corp. (AKAN) fell by 13% to $2.91 [4] - Equifax Inc. (EFX) dropped 11%, trading at $224.57 [4] - TransUnion (TRU) also saw an 11% decline, reaching $73.24 [4] - Bolt Biotherapeutics, Inc. (BOLT) decreased by 11% to $4.99 [4] - Dogwood Therapeutics, Inc. (DWTX) fell by 8% to $6.50 [4] - Galaxy Payroll Group Limited (GLXG) decreased by 8% to $4.52 [4] - Old Market Capital Corporation (OMCC) dropped 7% to $5.08 [4] - Entero Therapeutics, Inc. (ENTO) fell by 7% to $3.96 [4] - Flux Power Holdings, Inc. (FLUX) decreased by 7% to $3.74 [4]