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Fermi Inc. (FRMI)

Real Estate | REIT - Specialty | Amarillo, United States | NasdaqGS
6.55 USD -0.12 (-1.799%) ⇩ (April 17, 2026, 4 p.m. EDT)
After hours: 5.24 -1.31 (-1.310%) ⇩ (April 17, 2026, 7:59 p.m. EDT)

Short-term: ★☆☆☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ★☆☆☆☆
Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.138901
AutoETS0.252411
MSTL0.254634
AutoARIMA0.254647

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 78%
H-stat 1.05
Ljung-Box p 0.000
Jarque-Bera p 0.680
Excess Kurtosis -0.64
Attribute Value
Sector Real Estate
Debt to Equity Ratio 11.965
Market Cap 4,125,450,752
Forward P/E 5.91
Website https://www.fermiamerica.com

As of April 18, 2026, 10:13 p.m. EDT: Options activity reveals a highly distorted speculative environment with extreme implied volatility (IV) spikes at deep out-of-the-money strikes rather than genuine directional alignment. Notable is the massive bid-side open interest (OI) walls at $20 and $14 strikes for calls, contrasting crudely with the current price (<$6.50). This suggests speculative leverage or forced hedging rather than fundamental directionality. Crucially, there are 'New Flow' imbalances on April 17 and May 8 calls (10k-18k volume > 500 OI), indicating active buying intent for upside moves. However, deep OTM Put OI remains dominant (e.g., 23k at $5), suggesting a 'turtle strategy' (selling deep OTM options to hedge upside while waiting for calls to expire worthless) rather than a bearish short signal. The ratio of call to put premium and the nature of the 'New Flow' suggests traders are paying for gamma/exposure rather than betting on downside.


Info Dump

Attribute Value
52 Week Change -0.7986474
Address1 620 S. Taylor St.
Address2 Suite 301
All Time High 36.99
All Time Low 4.47
Ask 6.63
Ask Size 131
Average Analyst Rating 1.1 - Strong Buy
Average Daily Volume10 Day 14,164,720
Average Daily Volume3 Month 9,304,388
Average Volume 9,304,388
Average Volume10Days 14,164,720
Bid 6.5
Bid Size 131
Book Value 1.74
City Amarillo
Country United States
Crypto Tradeable 0
Currency USD
Current Price 6.55
Current Ratio 1.591
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 7.04
Day Low 6.52
Debt To Equity 11.965
Display Name Fermi
Earnings Call Timestamp End 1,774,875,600
Earnings Call Timestamp Start 1,774,875,600
Earnings Timestamp 1,774,873,800
Earnings Timestamp End 1,778,761,800
Earnings Timestamp Start 1,778,761,800
Ebitda Margins 0.0
Enterprise Value 3,848,040,704
Eps Current Year -0.20251
Eps Forward 1.1084
Eps Trailing Twelve Months -1.13
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 7.711
Fifty Day Average Change -1.1609998
Fifty Day Average Change Percent -0.1505641
Fifty Two Week Change Percent -79.86474
Fifty Two Week High 36.99
Fifty Two Week High Change -30.440002
Fifty Two Week High Change Percent -0.82292515
Fifty Two Week Low 4.47
Fifty Two Week Low Change 2.0800004
Fifty Two Week Low Change Percent 0.4653245
Fifty Two Week Range 4.47 - 36.99
Financial Currency USD
First Trade Date Milliseconds 1,759,325,400,000
Float Shares 282,092,645
Forward Eps 1.1084
Forward P E 5.909419
Full Exchange Name NasdaqGS
Full Time Employees 35
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Has Pre Post Market Data 1
Held Percent Insiders 0.65333
Held Percent Institutions 0.07447
Implied Shares Outstanding 629,839,790
Industry REIT - Specialty
Industry Disp REIT - Specialty
Industry Key reit-specialty
Ipo Expected Date 2,025-10-01
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Fermi Inc. engages in the development of private power campus for AI-centric customers in the United States. The company also develops, owns, and leases grid-independent energy generation and high-performance computing campuses; develops and operates integrated power generation and computing infrastructure. It also engages in acquisition of land, permitting, construction, and long-term leases. The company was founded in 2025 and is headquartered in Amarillo, Texas.
Long Name Fermi Inc.
Market us_market
Market Cap 4,125,450,752
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1958809245
Most Recent Quarter 1,767,139,200
Net Income To Common -529,763,008
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 4,128,599,823
Number Of Analyst Opinions 9
Open 6.769
Operating Cashflow -34,151,000
Operating Margins 0.0
Payout Ratio 0.0
Phone 214 894 7855
Post Market Change -1.3100004
Post Market Change Percent -20.000006
Post Market Price 5.24
Post Market Time 1,776,470,399
Previous Close 6.67
Price Eps Current Year -32.34408
Price Hint 2
Price To Book 3.7643678
Profit Margins 0.0
Quick Ratio 1.424
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.11111
Region US
Regular Market Change -0.12
Regular Market Change Percent -1.7991
Regular Market Day High 7.04
Regular Market Day Low 6.52
Regular Market Day Range 6.52 - 7.04
Regular Market Open 6.769
Regular Market Previous Close 6.67
Regular Market Price 6.55
Regular Market Time 1,776,456,001
Regular Market Volume 12,430,193
Sand P52 Week Change 0.38150132
Sector Real Estate
Sector Disp Real Estate
Sector Key real-estate
Shares Outstanding 629,839,790
Shares Percent Shares Out 0.0346
Shares Short 21,811,230
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 14,595,342
Short Name Fermi Inc.
Short Percent Of Float 0.0714
Short Ratio 2.14
Source Interval 15
State TX
Symbol FRMI
Target High Price 35.0
Target Low Price 8.0
Target Mean Price 23.11111
Target Median Price 27.0
Total Cash 408,528,992
Total Cash Per Share 0.649
Total Debt 131,119,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -1.13
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 13.483577
Two Hundred Day Average Change -6.9335766
Two Hundred Day Average Change Percent -0.5142238
Type Disp Equity
Volume 12,430,193
Website https://www.fermiamerica.com
Zip 79,101