The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro.Here's the latest list of major oversold players ...

Core Points - Ten large-cap stocks experienced significant declines last week, with IREN Limited leading the drop at 29.3% due to a decrease in Bitcoin prices and investor concerns over government shutdown resolutions and Federal Reserve policies [1] - CoreWeave, Inc. saw a 29.75% decrease after lowering its FY2025 sales guidance, prompting multiple analysts to revise their price forecasts [1] - Nebius Group N.V. fell 27.37% after issuing FY2025 sales guidance that was below market estimates [2] - Fermi Inc. and Circle Internet Group, Inc. reported declines of 25.51% and 24.03% respectively, with the latter facing analyst downgrades following its third-quarter results [2] - IonQ, Inc. dropped 17.79% amid overall market weakness and a sell-off in tech and AI stocks [3] - Strategy Inc experienced a 19.77% decline, also linked to the drop in Bitcoin prices affecting crypto-related stocks [3] - Bloom Energy Corporation and Symbotic Inc. saw decreases of 21.14% and 21.9% respectively [3] - Oklo Inc. fell 16.55% after reporting its third-quarter financial results [4]

Financial Overview - Total assets as of September 30, 2025, amounted to $502,766,000, with cash and cash equivalents at $83,693,000 and restricted cash at $99,300,000[19] - For the three months ended September 30, 2025, the net loss was $346,812,000, resulting in a net loss per share of $0.84[21] - Total expenses for the same period were $37,776,000, with general and administrative expenses accounting for $37,776,000[21] - The company reported a total stockholders' equity of $302,473,000 as of September 30, 2025[19] - The total liabilities were reported at $200,293,000, with net debt at $102,831,000[19] - The weighted average shares outstanding for basic and diluted calculations were 466,493,415[21] - The net loss for the three months ended September 30, 2025, was $346,812, resulting in a net loss per common share of $0.84[106] Cash Flow and Financing - Cash flows used in operating activities were $8,291,000, while cash flows from financing activities provided $287,605,000[26] - The company raised $75,500,000 from the issuance of Series A Convertible Notes[26] - The company has raised $101,624 through convertible debt financing, $107,552 through preferred units financing, and $100,000 related to a financing arrangement with Macquarie Equipment Capital Inc.[44] - The Company issued $117,000 in Series B Convertible Notes in relation to an asset acquisition[78] - The Company issued Seed Convertible Notes totaling $26,124 with a 15.0% interest rate, convertible into Class A Units at $0.89 per unit[115] - The Series A Convertible Notes were issued for $58,900 and $16,600, also with a 15.0% interest rate, convertible at $1.33 per unit[116] - The Series B Convertible Note was issued for $145,000 with an 11% interest rate, convertible based on the Company's fully diluted capitalization[117] - The Macquarie Term Loan has a principal amount of $148,986, with proceeds of $99,342 received, and bears 1.0% interest[119] Project Matador - Project Matador is an 11-gigawatt data center campus in Amarillo, Texas, expected to provide 15 million square feet of data center space, with the first 1-gigawatt capacity targeted for commercial operations by year-end 2026[31] - Fermi Inc. plans to finance Project Matador through a combination of equity financings, debt issuances, monetization of federal energy credits, strategic equity investments, government grants, and tenant prepayments[43] - The Company entered into a 99-year ground lease with Texas Tech University for land development related to Project Matador[124] - The Company executed a $150 million Advance in Aid of Construction Agreement with its first prospective tenant at Project Matador[165] - Project Matador aims to deliver up to 11 GW of power through a mix of natural gas, nuclear, and solar energy by 2038, with a focus on AI infrastructure[168] - The company is in discussions to secure natural gas supplies sufficient to support 11 GW of gas-fired power generation, enhancing project scalability[170] - A COL Application for 4 GW of nuclear power has been accepted for processing by the NRC, reinforcing Project Matador's readiness for low-carbon baseload generation[170] - The company expects to secure approximately 1.1 GW of power for operations by the end of 2026, including 200 MW from a contractual arrangement with SPS[170] - The Firebird Acquisition includes a combined cycle gas power plant rated at approximately 400 MW, with energization expected by Q3 2026[185] Share-Based Compensation - The company incurred share-based compensation expenses totaling $24,814,000 during the period[26] - The Company has not recognized any share-based compensation expense related to performance-based conditions until such conditions are deemed probable[59] - The Company recognized a compensation expense of $3,616 in June 2025 related to the repurchase of 4,077,900 unvested Class B Units[135] - The Company granted 63,382,500 non-voting Class B Units at $0.0022 per unit, with 25% vesting at issuance and the remaining 75% vesting over five years[133] - The Company has reserved 1,500,000 Class B Units for non-executive employees and service providers outside the 2025 Incentive Plan[140] - For the three months ended September 30, 2025, the Company recognized $24,814 in compensation expense, with total unrecognized compensation expense related to unvested awards at $591,423[157] Assets and Liabilities - As of September 30, 2025, the Company had deferred $600 of debt issuance costs related to various promissory notes and loans[67] - The Company capitalized $14,268 of deferred offering costs within prepaid expenses and other assets as of September 30, 2025[68] - The Company recognized $28 in cash paid for interest, net of capitalized interest, for the period from January 10, 2025, through September 30, 2025[78] - The Company had no depreciable property, plant, and equipment as of September 30, 2025, resulting in no depreciation expense recognized[77] - The Company recognized a right-of-use asset of $24,644 obtained in exchange for a new operating lease liability[78] - The Company had no impairment indicators for property, plant, and equipment as of September 30, 2025[76] - The Company had accrued investments in construction in progress amounting to $38,254 as of September 30, 2025[78] - As of September 30, 2025, construction in progress amounted to $270,693, with additions during the period[111] Revenue Generation - As of September 30, 2025, Fermi Inc. has not yet commenced revenue-generating activities and anticipates generating revenue primarily from lease rental income from data center tenants[32] - The company has not generated any revenues as of September 30, 2025, and may face delays in capital expenditures if it cannot raise the expected capital[43] Strategic Agreements - The Company entered into a Master Lease Agreement with Mobile Power Solutions for seven mobile power generation units with an aggregate base net present value of approximately $148,000[164] - The Company has secured a $25 million Forging Material Readiness Agreement with Doosan for long-lead nuclear forgings for four planned AP1000 nuclear units[208] - The City of Amarillo approved a water-supply arrangement allowing the sale of up to 2.5 million gallons per day to the Company, with potential scaling to 10 MGD[210]

Core Insights - Crude Value Insights provides an investment service and community focused on the oil and natural gas sector, emphasizing cash flow and the companies that generate it, which leads to value and growth prospects with real potential [1] Group 1 - The service includes access to a 50+ stock model account, in-depth cash flow analyses of exploration and production (E&P) firms, and live chat discussions about the sector [1] - Subscribers are offered a two-week free trial to explore the services related to oil and gas investments [2]

Core Viewpoint - Fermi, organized as a real-estate investment trust, is causing concern among investors due to delays in finalizing a deal with its first tenant [1] Company Summary - Fermi is structured as a real-estate investment trust, which typically involves investing in income-generating real estate [1] - The company is currently facing challenges related to the timing of closing a deal with its initial tenant, raising investor worries [1]

Core Insights - Fermi Inc. is focused on developing energy infrastructure for AI data centers and has gained attention following its recent IPO [1] - The consensus price target for Fermi has remained stable at $32.29, indicating no significant changes in its business model or market conditions [2] - UBS analysts have initiated coverage with a 'Buy' rating and a target price of $30, reflecting a conservative outlook [2] - Stifel Nicolaus has set a price target of $29, highlighting the speculative nature of the investment due to the company's lack of revenue and tangible assets [3] - A potential lease conversion expected by 2025 could generate annualized revenue of $1.5 billion, which is significant for a pre-revenue company [4] - Fermi's stock surged 40% post-IPO, driven by enthusiasm for AI and data centers, but faces execution and market risks [5] - Only 10% of Fermi's planned 11-gigawatt capacity is expected to be operational by 2026, indicating challenges ahead [5] - Recent developments and the potential lease are crucial for investors to monitor as they could impact stock performance [6]

Financial Data and Key Metrics Changes - For Q3 2025, the company reported a GAAP net loss of $346.8 million, or $0.84 per basic and diluted share, primarily reflecting early-stage corporate expenses and non-cash items [16][17] - General and administrative expenses totaled $37.8 million, including $24.8 million in share-based compensation [16] - The company ended the quarter with $183 million in cash and cash equivalents, including $99.3 million of restricted cash tied to project financing [18] Business Line Data and Key Metrics Changes - The company remains pre-revenue while advancing Project Matador, expecting to begin generating revenue in 2026 [16] - The first gigawatt of power is expected to generate approximately $1.5 billion of annualized revenue and about $1 billion of net operating income [14][15] Market Data and Key Metrics Changes - The company has secured or placed under letter of intent approximately 2.2 GW of gas-fired generation, including nine industrial turbines [12] - The demand for power is anticipated to increase, with the company expecting to negotiate better terms as time progresses [38] Company Strategy and Development Direction - The company aims to build a hypergrid campus integrating nuclear, natural gas, solar, and storage to serve high-density AI compute loads [12] - The focus is on delivering electrons for artificial intelligence, with a commitment to safety and project management [24] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the supply chain and labor availability for construction, emphasizing the importance of securing long lead-time items [54][55] - The company is optimistic about its position in the nuclear sector, with strong relationships with key partners like Doosan and Hyundai [79][81] Other Important Information - The company completed its IPO, raising approximately $785 million in gross proceeds, which will fund phase one of Project Matador [19][20] - The company has a 99-year lease with Texas Tech University System, enabling significant site development [10] Q&A Session Summary Question: Clarification on the $150 million advance - Management confirmed that the $150 million advance is a sign of good faith and commitment from the first tenant, indicating serious negotiations [31][34] Question: Next steps with tenant one and other tenants - The next step is to finalize the lease agreement with tenant one, with ongoing discussions with several other potential tenants [35][36] Question: Visibility into the supply chain and labor for 2026 - Management expressed confidence in the supply chain and labor availability, stating that they are actively managing procurement and logistics [45][54] Question: Financing for solar and BESS - The financing for the battery energy storage system (BESS) will be part of the project finance, with ongoing negotiations with tenant one [61] Question: Timeline for nuclear execution and Doosan agreement - Management indicated that they are aggressively procuring long lead-time items and are positioned to be first in the nuclear renaissance in the U.S. [79][82]

Financial Data and Key Metrics Changes - For Q3 2025, the company reported a GAAP net loss of $346.8 million, or $0.84 per basic and diluted share, reflecting early-stage corporate expenses and non-cash items [16][17] - General and administrative expenses totaled $37.8 million, including $24.8 million in share-based compensation [16] - The company ended the quarter with $183 million in cash and cash equivalents, including $99.3 million of restricted cash [18] Business Line Data and Key Metrics Changes - The company remains pre-revenue while advancing Project Matador, expecting to begin generating revenue in 2026 [16] - The first gigawatt of gross capacity is projected to generate approximately $1.5 billion in annualized revenue and about $1 billion in net operating income [14] Market Data and Key Metrics Changes - The company has secured or placed under letter of intent approximately 2.2 gigawatts of gas-fired generation, including nine industrial turbines [12] - The demand for power is expected to increase, with the company actively discussing additional tenants for future capacity [27][56] Company Strategy and Development Direction - The company aims to build a hypergrid campus integrating nuclear, natural gas, solar, and storage to serve high-density AI compute loads [12] - The strategy includes long-term triple-net leases with investment-grade tenants, providing a stable revenue model [13] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the execution of Project Matador, highlighting strong partnerships and operational milestones achieved [10][11] - The company views the current geopolitical landscape, particularly the competition in AI and energy, as a significant driver for its business model [6][7] Other Important Information - The company completed its IPO, raising approximately $785 million in gross proceeds, which will fund the initial phase of Project Matador [19][20] - The company has a strong focus on supply chain management and labor availability in the Panhandle region, which is crucial for project execution [39][40] Q&A Session Summary Question: Clarification on the $150 million advance agreement - Management indicated that the $150 million advance is a sign of good faith and commitment from the first tenant, reflecting their seriousness in the negotiations [24][25][26] Question: Timeline for tenant contracts and negotiations - Management confirmed that the next step is to finalize the lease agreement with tenant one and that discussions with other potential tenants are ongoing [26][27] Question: Visibility into supply chain and labor for 2026 - Management expressed confidence in the supply chain and labor availability, emphasizing proactive measures to secure long lead-time items [33][39] Question: Impact of recent government nuclear deals - Management noted that the recent government nuclear deal supports their objectives and positions them favorably within the industry [36][38] Question: Financing for solar and battery energy storage systems (BESS) - Management clarified that the financing for BESS will be part of the overall project finance, with ongoing discussions with tenant one regarding specifications [41][42] Question: Campus expansion plans - Management confirmed that the 2,000-acre campus expansion is under contract and will be recommended to the board for approval, reflecting confidence in future capacity needs [44][45]

Core Insights - Fermi Inc. is focused on developing energy infrastructure, particularly data centers to support AI needs, and has gained significant investor interest following its IPO [1][6] - The company plans to construct a large AI data center hub in Texas, which will include four nuclear reactors, requiring a substantial capital investment of $70 billion to $90 billion [1][4] - Fermi's current valuation stands at $16 billion, despite being a pre-revenue company with no operational history [5][6] Stock Performance and Analyst Ratings - The consensus price target for Fermi's stock has remained stable at $32.29, indicating analysts are awaiting more concrete developments before adjusting forecasts [2] - UBS analysts have initiated coverage with a 'Buy' rating and a 12-month target price of $30 per share, highlighting the anticipated conversion of a letter of intent into a firm lease expected to generate annualized revenue of $1.5 billion by the end of 2025 [3][6] - Following its IPO, Fermi's stock price surged by 40%, reflecting market confidence in its future prospects, driven by excitement around AI and data centers [4][6] Operational Plans and Capacity Goals - Fermi aims to achieve an 11-gigawatt capacity by 2038, with a major development centered around a 5,000-acre campus in Texas, although only 10% of this capacity is expected to be operational by 2026 [5] - The company faces substantial execution and market risks, as indicated by Stifel Nicolaus setting a price target of $29 for the stock [5]

Project Matador Development - Project Matador aims for a total generation capacity of 11 gigawatts, with a target of 1.1 gigawatts for first power delivery in 2026[3]. - A 99-year campus lease with Texas Tech University commenced in September, providing long-term control of the Project Matador site[3][17]. - Fermi America has begun on-site geotechnical work on the 5,263-acre campus, with 85 acres graded and initial construction preparations underway[18]. - The company entered into a letter of intent with Siemens Energy for the delivery of three F-class gas turbine units totaling over 1 gigawatt for 2026[22]. - A collaboration agreement with Westinghouse Electric Company was executed to support the licensing and deployment of four AP1000® reactors at the Project Matador campus[21]. - Fermi has secured an LOI with the City of Amarillo for up to 2.5 million gallons per day of water supply to support Project Matador[29]. - The Amarillo City Council approved a water-supply agreement allowing the city to sell up to 2.5 million gallons per day to Project Matador, with an option to expand to 10 MGD in later phases[48]. - By the end of 2026, Fermi aims to have the first portion of its campus operational, delivering 1 GW of clean power[56]. - The Texas Commission on Environmental Quality preliminarily approved Fermi's 6GW Clean Air Permit for natural gas generation, subject to public input[50]. Financial Performance - The company raised $1.6 billion year-to-date through private financing and its IPO, which raised approximately $785 million in gross proceeds[3][36]. - Fermi America's IPO valued the company at approximately $14 billion on a fully diluted basis, reflecting strong investor confidence in its strategy[39]. - The IPO proceeds are expected to fund the initial development goals of bringing 1 GW of capacity online by late 2026, with a long-term vision of achieving 11 GW over the next decade[40]. - A $150 million Advance in Aid of Construction Agreement was executed with the first prospective tenant, marking a significant milestone in Fermi's commercial program[44]. - Year-to-date cash used in operating activities was $8.3 million, with a net loss of $353.2 million primarily due to non-cash charges[59]. - Cash and cash equivalents totaled $183.0 million at the end of Q3 2025, including $83.7 million of unrestricted cash[61]. - The company secured approximately $731.4 million in net proceeds from its IPO after deducting underwriting discounts and offering expenses[62]. - Net loss for the period from inception through September 30, 2025, amounted to $353,180 thousand[67]. - Total cash used in operating activities was $8,291 thousand[67]. - Cash used in investing activities totaled $96,321 thousand, primarily due to investments in construction in progress of $89,033 thousand[67]. - Net cash provided by financing activities was $287,605 thousand, with significant proceeds from the issuance of Series A Convertible Notes amounting to $75,500 thousand[67]. - Cash, cash equivalents, and restricted cash at the end of the period reached $182,993 thousand, comprising $83,693 thousand in cash and cash equivalents and $99,300 thousand in restricted cash[68]. - Share-based compensation expenses totaled $24,814 thousand, with additional related party expenses of $3,616 thousand[67]. - Changes in fair value from remeasurements contributed $111,590 thousand to the net loss reconciliation[67]. - Proceeds from the issuance of Preferred Units were $107,552 thousand, indicating strong investor interest[67]. - The company incurred a Series A and Series B Convertible Notes inducement expense of $23,674 thousand[67]. - The net cash used in operating activities reflects ongoing investment in growth despite the net loss[67]. Infrastructure and Partnerships - The company has engaged Parkhill and Lee Lewis Construction for infrastructure design and construction management, respectively, ensuring a strong execution team[32].