Fermi Inc. (FRMI) Stock Analysis
Range Bound setup
Real Estate · REIT - Specialty
Sell if holding. Engine safety override at $5.04: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 5.3/10. Specifically: Below-average business quality; Negative price momentum.
Fermi Inc. is a development-stage company building Project Matador, a 99-year ground-leased hyperscale power campus in the Texas Panhandle designed to deliver up to 11 GW of private power to AI/compute tenants. No revenue has been generated to date; first revenues are not... Read more
Sell if holding. Engine safety override at $5.04: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 5.3/10. Specifically: Below-average business quality; Negative price momentum. Chart setup: RSI 52 mid-range, Bollinger mid-band. Score 5.3/10, moderate confidence.
Passes 4/8 gates (clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear). Fails on weak momentum and no CEO selling. Suitability: aggressive.
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHTenantsmall number of anchor tenants10-K Item 1A: 'Our near-term revenue may be heavily concentrated among a small number of anchor tenants.'
Material Events(8-K, last 90d)
- 2026-04-17Item 5.02HIGHFermi Inc. CEO Toby Neugebauer departed April 17, 2026. An Interim Office of the CEO was created (COO Jacobo Ortiz and board observer Anna Bofa). No permanent CEO successor named; search underway.SEC filing →
- 2026-04-20Item 5.02LOWFermi Inc. appointed Jeffrey S. Stein and CFO Miles Everson to the Board of Directors on April 19, 2026 per Director Nomination Agreement provisions. Board size increased accordingly.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer
Rating Breakdown
3 floor-breakers·1 ceiling hit
Quality below the gate floor. Component breakdown shows what dragged the score down.static
Price action weak — below key moving averages, no momentum carry. Needs a base before trend-continuation setups apply.static
No near-term catalyst priced in. Thesis progression will come from fundamentals grinding, not event reaction.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Engine safety override at $5.04: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 5.3/10. Specifically: Below-average business quality; Negative price momentum. Chart setup: RSI 52 mid-range, Bollinger mid-band. Prior stop was $4.69. Score 5.3/10, moderate confidence.
Take-profit target: $6.90 (+36.9% upside). Prior stop was $4.69. Stop-loss: $4.69.
Concentration risk — Tenant: small number of anchor tenants; DATA_ISSUE: analyst_target_implausible (raw $23.11 vs price $5.04 — ratio 4.6×). Rejected, falling back to technical TP.; Quality below floor (2.7 < 4.0).
Fermi Inc. trades at a P/E of N/A (forward 5.1). TrendMatrix value score: 5.0/10. Verdict: Sell.
16 analysts cover FRMI with a consensus score of 4.2/5. Average price target: $23.
What does Fermi Inc. do?Fermi Inc. is a development-stage company building Project Matador, a 99-year ground-leased hyperscale power campus in...
Fermi Inc. is a development-stage company building Project Matador, a 99-year ground-leased hyperscale power campus in the Texas Panhandle designed to deliver up to 11 GW of private power to AI/compute tenants. No revenue has been generated to date; first revenues are not expected until H1 2027 upon execution of tenant subleases.