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FRMI

Fermi Inc.
$7.38 -0.83 (-10.11%) At close · Jul 7
Market Cap
$4.71B
Shares
637,574,239

Price & Indicators

20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$7.38 Open$8.09 Day$7.31–8.13 52W$4.47–36.99 Avg vol 30d17.9M Short int34.8M · 5.5% float · 2.0d Short vol33% Last earningsMay 14, 2026 DataOct 2025–Jul 2026 Filing10-Q · May 15
Equibles Rating blended score · not investment advice
Overall
Sell
SellHoldBuy
Technical Sell Momentum Weak Sentiment Neutral Fundamentals Fair Quant / Vol Very High
Market backdrop VIX 16.9 · calm Equity put/call 0.86
Technical
price trend
Sell
50 / 200-day cross No cross
Price vs 50-day avg +9%
above
RSI (14) 47
neutral
MACD trend Negative
52-week position 9%
near low
Volume (OBV) Confirms
volume backs price
Momentum
relative strength
Weak
1-month return +28%
trailing
6-month return −29%
trailing
YTD return −8%
this year
Relative strength −36%
vs S&P · 6-mo
Sentiment
smart money
Neutral
Trend (MA cross) No cross
50/200-day averages unavailable
Institutional flow Accumulating
6 of 218 funds reported for Jun 30 · net +4.0K sh shares · +3 new
Insider flow Distributing
Net -$7.3M over 90 days · 100% sells
Short interest Rising
5.46% of float · ▲ +15.6% MoM · 2.0 days cover
Volume signal Normal
Volume near normal
Institution breadth Steady
218 holders — 13F breadth
Squeeze score 67
elevated · 0–100
Fundamentals
Fair
Free cash flow $-603.5M
Balance sheet $188.9M
net cash
Quant / Vol
risk profile
Very High
Volatility 125%
annualized · 1-yr
Max drawdown −85%
past year
ATR 11.5%
of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Up next
Next earnings call
Aug 15, 2026 Est · unconfirmed · in 5 wks
FQ3-26 quarter ends
~Sep 30, 2026 Est
filed May 15, 2026
AI Brief

TL;DR.

Bullish
    Bearish

      AI-generated from the earnings call and 8-K · may contain errors · not investment advice

      Technicals

      trend & momentum for long-term holders Sell
      2 · 3 · 1
      50 / 200-day cross
      No cross Neutral
      Price vs 50-day avg
      +9% Bullish
      RSI (14)
      47 Neutral
      MACD trend
      Negative Bearish
      52-week position
      9% Bearish
      Volume (OBV)
      Confirms Neutral
      Market signals — smart money & positioning
      Bearish · 2 of 6
      Trend (MA cross) No cross
      50/200-day averages unavailable
      Institutional flow Accumulating
      6 of 218 funds reported for Jun 30 · net +4.0K sh shares · +3 new
      Insider flow Distributing
      Net -$7.3M over 90 days · 100% sells
      Short interest Rising
      5.46% of float · ▲ +15.6% MoM · 2.0 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Steady
      218 holders — 13F breadth
      Price context
      position in its 52-week range
      52-wk low $4 Now $7 · 9% 52-wk high $37
      vs 50-day avg +9%

      Illustrative technical + ownership context — a signal mix, not investment advice.

      Key metrics

      the company's own KPIs, from its earnings releases, calls, and filings
      Metric Latest Period YoY
      capital invested in Property, Plant, and Equipment $441M Q1 2026
      Clean Air Permit application filed with TCEQ 5 Q1 2026
      Clean Air Permit from the Texas Commission on Environmental Quality 6 Q1 2026
      new equipment finance facilities secured during the quarter $785M Q1 2026
      outstanding debt $421M Q1 2026
      total power generation across owned and contracted assets 2 Q1 2026

      Figures exactly as the company stated them · click a metric with a to chart its history · period links open the stating document · "call" marks figures stated on the earnings call, "filing" figures stated in the 10-K/10-Q · YoY needs the prior-year figure on file

      Versus peers

      REIT - Specialty — same industry group
      Open screener →
      Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
      FRMI
      Fermi Inc.
      this stock
      $4.71B -7.8% 5.5%
      EQIX
      Equinix Inc
      $100.89B +34.2% +7.8% 70.7 1.9%
      AMT
      American Tower Corp /Ma/
      $76.89B -6.0% +5.1% 26.6 1.9%
      DLR
      Digital Realty Trust, Inc.
      $61.95B +14.7% +10.0% 46.8 2.3%
      IRM
      Iron Mountain Inc
      $34.35B +40.3% +8.3% 125.5 2.7%

      Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

      At a glance

      key data from every section
      Ownership
      Institutional Holders Accumulating
      Holders
      221
      % held
      14.6%
      Reported
      6 of 218
      Top holder
      UBS Group AG
      Held Float
      View
      Held by Funds
      Fund positions
      103
      View
      Short & Settlement
      Short Interest Rising
      Shares short
      34.8M
      Days to cover
      2.0d
      Change
      +4.7M sh
      View
      Short Volume
      Short vol %
      33%
      As of
      Jul 8, 2026
      Short Total
      View
      Fails to Deliver
      FTD shares
      7.4K
      Value
      $50.8K
      As of
      Jun 11, 2026
      View
      Off-Exchange
      Off-exchange %
      43.6%
      Week of
      Jun 15, 2026
      Off-exch Lit
      View
      Smart Money
      Insider Trades Net selling
      Net (90d)
      -$7.3M
      Buyers / Sellers
      0 / 2
      Buyers Sellers
      View
      Financials
      Financials
      Net income (FY)
      $-486.4M
      EPS diluted
      $-1.13
      View
      Filings
      SEC Filings
      Latest
      10-Q
      Filed
      May 15, 2026
      This year
      15
      View
      Proposed Sales
      Value
      $1.0M
      Shares
      158.5K
      Filed
      Jun 4, 2026
      View
      Earnings & Events
      Earnings Calls
      Last call
      May 14, 2026
      View

      Performance

      5D 20D 120D MTD YTD
      FRMI -21.9% +27.7% -28.8% -19.4% -7.8%
      SPY +0.9% +1.4% +7.6% +0.1% +9.7%
      vs SPY -22.8% +26.3% -36.4% -19.6% -17.4%
      Key facts CIK 2071778 CUSIP 314911108 13F (30d) 7 filings 7 filers Visit website Investor relations