Fermi, Inc. (FRMI)
Fermi, Inc. is focused on developing energy infrastructure to support the growing demands of AI. Founded in 2025, the company aims to create an energy and data center development campus in Texas.
Company Overview
Fermi, Inc. is pioneering energy infrastructure for AI, developing a specialized campus to meet the intense power and data demands of next-generation AI, positioning itself as a key enabler in the rapidly expanding artificial intelligence landscape with a $4.91B market cap.
Investment Thesis
Fermi, Inc. presents a unique investment opportunity within the utilities sector, capitalizing on the escalating energy demands of AI infrastructure. With a market capitalization of $4.91 billion, Fermi is positioning itself to become a key enabler of AI development. The primary investment thesis rests on the anticipated surge in demand for dedicated energy and data center solutions tailored for AI applications. Key value drivers include the successful development and operation of its energy and data center campus, attracting leading AI companies as tenants, and securing long-term energy contracts. Upcoming catalysts include the completion of initial campus infrastructure, announcements of partnerships with AI firms, and securing favorable regulatory approvals. While the company currently has a negative P/E ratio of -10.57, reflecting its developmental stage, the potential for substantial revenue growth driven by the AI boom makes Fermi a compelling, albeit speculative, investment.
Key Highlights
- Market capitalization of $4.91 billion, reflecting investor confidence in its AI-focused strategy.
- Founded in January 2025, indicating a relatively new company with high growth potential.
- Focus on developing energy infrastructure specifically for AI, positioning it in a high-growth market.
- Headquartered in Texas, a state known for its favorable energy policies and infrastructure.
- Negative P/E ratio of -10.57, typical for a development-stage company investing heavily in infrastructure.
Competitors
Strengths
- Focus on high-growth AI market.
- Experienced leadership team.
- Strategic location in Texas.
- Potential for strong partnerships with AI companies.
Weaknesses
- Limited operating history.
- Dependence on successful campus development.
- Negative P/E ratio.
- High capital expenditure requirements.
Catalysts
- Upcoming: Completion of initial campus infrastructure.
- Upcoming: Announcements of partnerships with AI firms.
- Upcoming: Securing favorable regulatory approvals.
- Ongoing: Increasing demand for AI infrastructure driving revenue growth.
- Ongoing: Government incentives for renewable energy projects.
Risks
- Potential: Delays in campus development.
- Potential: Inability to attract key AI tenants.
- Potential: Increased competition from established utility companies.
- Ongoing: High capital expenditure requirements.
- Ongoing: Dependence on the growth of the AI market.
Growth Opportunities
- AI Infrastructure Demand: The exponential growth of AI is driving massive demand for computing power and, consequently, energy. Fermi's dedicated energy and data center campus is strategically positioned to capitalize on this trend. The AI infrastructure market is projected to reach hundreds of billions of dollars in the coming years, offering Fermi a substantial addressable market. Success depends on attracting key AI players to its campus and securing long-term energy contracts.
- Strategic Partnerships: Fermi can forge strategic partnerships with leading AI companies, technology providers, and energy firms to accelerate its growth. Collaborations could involve joint development of AI-optimized infrastructure, integration of advanced energy management technologies, or securing preferred supplier status with major AI players. These partnerships will be crucial for Fermi to establish credibility and gain access to valuable resources and expertise.
- Geographic Expansion: While currently focused on its Texas campus, Fermi has the potential to expand its operations to other regions with burgeoning AI ecosystems. Identifying strategic locations with favorable energy policies, access to renewable resources, and a strong presence of AI companies will be critical. Expansion could involve building new campuses or acquiring existing data centers and retrofitting them for AI workloads.
- Renewable Energy Integration: As sustainability becomes increasingly important, Fermi can differentiate itself by integrating renewable energy sources into its energy mix. Investing in solar, wind, and other renewable energy projects will not only reduce its carbon footprint but also attract environmentally conscious AI companies. Furthermore, government incentives and tax credits for renewable energy projects can provide additional financial benefits.
- Advanced Energy Management: Fermi can leverage advanced energy management technologies, such as smart grids, energy storage systems, and AI-powered optimization algorithms, to improve the efficiency and reliability of its energy infrastructure. These technologies can help reduce energy waste, optimize energy distribution, and ensure a stable power supply for AI workloads. Implementing these solutions will enhance Fermi's competitive advantage and attract customers seeking cost-effective and sustainable energy solutions.
Opportunities
- Expansion to other regions with AI ecosystems.
- Integration of renewable energy sources.
- Development of advanced energy management technologies.
- Strategic partnerships with technology providers.
Threats
- Competition from established utility companies.
- Regulatory changes impacting energy infrastructure.
- Economic downturn affecting AI investment.
- Technological advancements rendering existing infrastructure obsolete.
Competitive Advantages
- First-mover advantage in providing dedicated energy infrastructure for AI.
- Specialized expertise in designing and operating energy-efficient data centers.
- Strategic location in Texas with favorable energy policies.
- Potential for strong relationships with leading AI companies.
About
Fermi, Inc., established on January 10, 2025, by Rick Perry, Toby Neugebauer, and Griffin Perry, is a relatively new entrant in the utilities sector. Headquartered in Amarillo, Texas, the company is strategically focused on developing energy infrastructure tailored to support the burgeoning artificial intelligence industry. Fermi's core mission revolves around the creation of an energy and data center development campus, designed to cater specifically to the high-intensity needs of AI infrastructure. Unlike traditional utility companies, Fermi is laser-focused on the intersection of energy and AI, recognizing the exponential growth in demand for power and data processing capabilities driven by AI applications. The company's business model centers around attracting AI-focused businesses to its campus by providing reliable, scalable, and cost-effective energy solutions. Given its recent founding, Fermi is still in the early stages of development and has yet to generate substantial revenue. However, its strategic vision and experienced leadership team position it as a potentially significant player in the future of AI infrastructure. Fermi's success hinges on its ability to execute its development plans and attract key AI clients to its campus.
What They Do
- Develop energy infrastructure.
- Create energy and data center development campuses.
- Cater to the energy needs of AI infrastructure.
- Provide reliable and scalable energy solutions.
- Attract AI-focused businesses to its campus.
- Offer cost-effective energy solutions.
- Potentially integrate renewable energy sources.
Business Model
- Developing and leasing space in its energy and data center campus.
- Selling energy to AI companies and other tenants.
- Offering data center services, such as colocation and cloud computing.
- Potentially generating revenue from renewable energy projects.
Industry Context
Fermi, Inc. operates within the regulated electric industry, a sector undergoing significant transformation due to the increasing demand for sustainable and reliable energy sources. The rise of AI and data centers is creating unprecedented demand for electricity, straining existing infrastructure and creating opportunities for specialized providers like Fermi. The competitive landscape includes established utility companies such as Duke Energy (DUK) and Evergy (EVRG), as well as infrastructure-focused firms like Brookfield Infrastructure Partners (BIP). Fermi differentiates itself by focusing exclusively on the energy needs of AI, positioning itself to capture a significant share of this rapidly expanding market.
Key Customers
- AI companies requiring significant computing power.
- Data centers supporting AI workloads.
- Research institutions involved in AI development.
- Other businesses with high energy demands.
Financials
Chart & Info
Price Chart
Fermi, Inc. (FRMI) stock price: $8.68 (-0.14, -1.59%)
Why Bull
- •Recent insider buying suggests those in the know see value, hinting at future growth potential.
- •The community buzz is generally positive, with many seeing FRMI as undervalued in its sector.
- •Market perception seems to be shifting, with more analysts discussing FRMI's innovative approach.
- •There's a growing narrative that FRMI is poised to disrupt its industry, similar to how Tesla shook up the auto market.
Why Bear
- •Some insiders sold shares recently, which could signal concerns about the company's near-term prospects.
- •A significant portion of the community expresses worries about FRMI's ability to scale its operations effectively.
- •Market perception is mixed; while some see innovation, others question the sustainability of FRMI's business model.
- •There are whispers that FRMI might face increased regulatory scrutiny, potentially impacting its future expansion plans.
Latest News
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ASP Isotopes Announces Quantum Leap Energy to Establish Global Headquarters in Austin, TX
GlobeNewswire · Feb 17, 2026
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Technical Analysis
Rationale
AI-generated technical analysis for FRMI including trend direction, momentum, and pattern recognition.
What to Watch
Key support and resistance levels, volume signals, and upcoming events.
Risk Management
Position sizing, stop-loss levels, and risk-reward assessment.
Community
Discussion
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Sentiment
Community sentiment and discussion activity for FRMI.
Make a Prediction
Set your price target for Fermi, Inc. (FRMI), choose a timeframe, and track your prediction accuracy.
Current price: $8.68
Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for FRMI.
Price Targets
Wall Street price target analysis for FRMI.
Insider Flow (30d)
No insider trades in the last 30 days.
MoonshotScore
Score Factors
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Revenue Growth 5/100
Revenue growth data is currently unavailable for this company.
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Gross Margin 5/100
Gross margin data is currently unavailable for this company.
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Operating Leverage 4/100
Limited operating leverage due to slower revenue growth, keeping profit scaling constrained.
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Cash Runway 5/100
Cash position data is currently unavailable for this company.
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R&D Intensity 5/100
R&D spending data is currently unavailable for this company.
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Insider Activity 6/100
No significant insider buying or selling recently, which is neutral for the stock outlook.
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Short Interest 5/100
Float and volume data unavailable for liquidity analysis.
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Price Momentum 0/100
No bullish technical signals detected. The stock lacks upward price momentum currently.
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News Sentiment 5/100
No sentiment data available
What does this score mean?
The MoonshotScore rates FRMI's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Competitors & Peers
Latest News
ASP Isotopes Announces Quantum Leap Energy to Establish Global Headquarters in Austin, TX
Small Caps, Silver Rally As Inflation Cools Further: What's Moving Markets Friday?
Here Are Monday’s Top Wall Street Analyst Research Calls: Autozone, Doximity, Li Auto, Oracle, Robinhood Markets, Roblox, SoFi Technolgy, Terawulf and More
Figma’s IPO Is a Cautionary Tale. How AI Busted the Stock.
Frequently Asked Questions
What does Fermi Inc. Common Stock do?
Fermi, Inc. is a development-stage company focused on building energy infrastructure specifically designed to support the power-intensive needs of artificial intelligence. It is constructing an energy and data center development campus intended to attract AI-focused businesses. Unlike traditional utility companies, Fermi is strategically positioned to capitalize on the growing demand for reliable and scalable energy solutions driven by the AI revolution. The company's success depends on its ability to execute its development plans, secure partnerships with leading AI firms, and establish itself as a key enabler of AI innovation.
Is FRMI stock a good buy?
FRMI stock presents a high-risk, high-reward investment opportunity. While the company has a negative P/E ratio of -10.57, reflecting its current lack of profitability, its focus on the rapidly growing AI infrastructure market offers significant potential upside. Investors should consider the company's limited operating history, dependence on successful campus development, and high capital expenditure requirements. A positive outlook on the future of AI and the demand for dedicated energy solutions is crucial to considering FRMI a worthwhile investment. Thorough due diligence and risk assessment are essential before investing.
What are the main risks for FRMI?
Fermi Inc. faces several key risks, including delays in campus development, the inability to attract key AI tenants, and increased competition from established utility companies with greater resources. The company's high capital expenditure requirements and dependence on the growth of the AI market also pose significant risks. Regulatory changes impacting energy infrastructure and technological advancements rendering existing infrastructure obsolete could further impact Fermi's prospects. Investors should carefully consider these risks before investing in FRMI, as the company's success is contingent on navigating a complex and competitive landscape.
Is FRMI a good stock to buy?
Whether FRMI is a good investment depends on your financial goals, risk tolerance, and investment horizon. Key factors to evaluate include the company's revenue growth trajectory, profit margins, debt-to-equity ratio, competitive moat, and valuation multiples (P/E, P/S, EV/EBITDA) relative to industry peers. Our AI-generated Investment Thesis and SWOT analysis on this page provide a data-driven starting point. Always do your own research and consider consulting a financial advisor before making investment decisions.
What is the FRMI MoonshotScore?
The MoonshotScore for FRMI is an AI-powered rating from 0 to 100 that evaluates a stock across four dimensions: growth potential (revenue and earnings trajectory), financial health (balance sheet strength, cash flow), market momentum (price trends, volume patterns, institutional flows), and risk factors (volatility, debt levels, sector headwinds). Scores above 70 indicate strong potential, 50-70 moderate, and below 50 suggests caution. The score is recalculated daily using the latest financial data and market signals.
How often is FRMI data updated?
FRMI stock prices are updated in real-time during U.S. market hours (9:30 AM - 4:00 PM ET, Monday through Friday). After-hours and pre-market prices are also tracked. Company fundamentals (earnings, revenue, balance sheet) are refreshed when new quarterly or annual reports are filed. Analyst ratings, price targets, and AI-generated insights are updated daily. Breaking news related to FRMI is aggregated continuously from premium financial news sources throughout the day.
What are the growth catalysts for FRMI?
Growth catalysts for Fermi, Inc. (FRMI) can include several categories: product catalysts (new launches, FDA approvals, patent grants), financial catalysts (earnings beats, margin expansion, share buybacks), strategic catalysts (acquisitions, partnerships, market expansion into new regions), and macro catalysts (favorable regulation, industry tailwinds, secular growth trends). Our AI analyzes Fermi, Inc.'s specific catalysts using earnings transcripts, SEC filings, and news sentiment to identify the most impactful near-term and long-term drivers.
Who are FRMI's main competitors?
Fermi, Inc. (FRMI) competes with companies in its industry that target similar customers, markets, or product categories. Competitor analysis involves comparing key metrics: market share, revenue growth rates, profit margins, R&D spending, and valuation multiples. Understanding competitive positioning helps investors assess whether FRMI has a sustainable competitive advantage (moat) through brand strength, network effects, cost leadership, or switching costs. Our Competitors section provides a side-by-side comparison with relevant peers.
What do analysts say about FRMI?
Wall Street analyst coverage for FRMI includes consensus ratings (buy, hold, or sell), 12-month price targets, and earnings estimates. Analyst opinions are aggregated from major investment banks and research firms. Key metrics to watch include the consensus price target (average, high, and low estimates), the number of analysts covering the stock, any recent rating changes (upgrades or downgrades), and how actual earnings compare to analyst estimates (beat or miss history). Our platform aggregates these from multiple data providers for a comprehensive view.
What is FRMI's market cap?
Market capitalization (market cap) for FRMI is calculated by multiplying the current share price by the total number of outstanding shares. It represents the market's total valuation of the company. Stocks are typically categorized as mega-cap ($200B+), large-cap ($10B-$200B), mid-cap ($2B-$10B), small-cap ($300M-$2B), or micro-cap (under $300M). Market cap influences index inclusion, institutional ownership eligibility, and risk profile. Our Key Statistics section shows FRMI's current market cap alongside enterprise value and other valuation metrics.
How has FRMI stock performed recently?
FRMI's recent stock performance can be evaluated across multiple timeframes: daily price changes, week-over-week momentum, monthly trends, and year-to-date returns. Important performance indicators include the stock's 52-week high and low, moving averages (50-day and 200-day SMA), relative strength index (RSI), and volume trends. Comparing FRMI's performance against its sector index and the S&P 500 provides context on whether it is outperforming or underperforming the broader market.
What are the risks of investing in FRMI?
Key risk categories for FRMI include: market risk (overall market downturns affecting stock prices), company-specific risk (management changes, product failures, competitive threats), financial risk (high debt levels, cash burn, dilution from stock issuance), regulatory risk (government policy changes, lawsuits, compliance issues), and macroeconomic risk (interest rate changes, inflation, currency fluctuations). Beta measures FRMI's volatility relative to the market - a beta above 1.0 means higher volatility than the S&P 500. Our AI-generated risk assessment identifies the most relevant risk factors for this specific stock.
Are insiders buying or selling FRMI?
Insider trading activity for FRMI tracks purchases and sales by company executives, directors, and major shareholders (10%+ owners) as reported in SEC Form 4 filings. Insider buying is generally considered a bullish signal because insiders have the deepest knowledge of company operations, while selling may have various motivations (diversification, tax planning, pre-planned 10b5-1 trading plans). Key metrics include the buy-to-sell ratio, total dollar value of insider transactions, and whether multiple insiders are trading in the same direction. Our Insider Flow tab shows recent transactions with dates and dollar amounts.
Is FRMI a good stock for beginners?
Fermi, Inc. (FRMI) can be suitable for beginner investors depending on several factors. Look at the MoonshotScore on this page for an overall AI-powered assessment of growth potential and risk. Beginners should also check the company's market cap (larger companies tend to be less volatile), gross margin (higher margins mean stronger business fundamentals), and cash position (healthy cash reduces bankruptcy risk). Always start with a small position size and never invest money you cannot afford to lose.
How risky is FRMI for first-time investors?
Every stock carries risk, including Fermi, Inc. (FRMI). First-time investors should review the Risk Factors section on this page for company-specific risks. Key risk indicators include price volatility (check the chart for daily swings), insider selling activity (see Insider Flow tab), and cash runway (see MoonshotScore breakdown). A diversified portfolio with an index fund like the S&P 500 as a core holding is generally recommended before adding individual stocks like FRMI.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Data provided for informational purposes only.
- Fermi, Inc. is a development-stage company with limited operating history. Information presented is based on available data and management's stated intentions.
- The AI infrastructure market is rapidly evolving, and future demand is subject to change.