NASDAQ · FRMIReal EstateREITs

Fermi Inc. Common Stock (FRMI)

$1.84−9.83%
Close Nov 4, 2026 · split-adjusted
Nov 3, 2026$2.04▼ 92.72% in range
Nov 3, 2025Low $2.04 · High $27.95Nov 3, 2026
What changed · written from our data
As of Nov 4, 2026

Fermi closed at $1.83 on Nov 4, down 9.83%, within 0.0% of its 52-week closing low. Volume of 22.3M shares was 0.94× its 20-day average (close to normal).

Split-adjusted performance: -56.6% over one month, -67.0% over six months, -93.4% over one year.

Short interest was 63.4M shares at the Oct 15 settlement, down 5.1% from the prior report (19.8% of float, 2.7 days to cover).

Market cap$1.18B641.3M shares
Revenue · quarter$0.00—
Diluted EPS$-0.04—
P/E · TTM—
Net margin—
Dividend yieldNone
52-week range1.83 – 27.95−93.4% from high
Volume22.3M0.94× 20-day avg
Volatility · 60d99.3%Annualised
Short % of float19.8%2.7 days to cover
Net cash-$457.6MCash $62.5M
Next earnings—Not scheduled
Split-adjusted performance
1W −39.2%1M −56.6%3M −70.4%6M −67.0%YTD −77.1%1Y −93.4%3Y —5Y —

Earnings reactions

History →

No reported quarters with price history yet.

Rank within REITs

Percentile among 179 companies (100 = best)

6-month momentum4
Revenue growth—
Net margin—
Value (low P/E)—
Size46

Industry medians: 6-month return −6.6%, revenue growth +4.1%, net margin 10.7%, P/E 25.1×.

Short interest

Details →
Shares short63.4M−5.1% vs prior
Days to cover2.7Settled Oct 15
% of float19.8%
Short vol. 10d34.5%of daily volume

Closest peers by size in REITs

CompanyPriceToday6MRev. growthNet marginP/EMkt cap
FRMIFermi$1.84−9.83%−67.0%———$1.18B
LADRLADDER CAPITAL$9.34+2.47%−9.3%−17.7%262.1%11.8$1.18BCompare
NHPNational Healthcare Properties$15.88+2.49%——−9.3%—$1.16BCompare
MPTMedical Properties Trust$2.06+1.73%−60.7%—−1.0%—$1.23BCompare
ALXAlexander's$246.17+2.52%−3.1%+6.1%284.0%7.4$1.26BCompare
DEAEasterly Government Properties$23.13+2.10%−0.7%+8.7%5.6%76.7$1.09BCompare
UMHUMH Properties$15.39+4.34%−2.2%+10.8%−2.9%302.2$1.31BCompare
AATAMERICAN ASSETS TRUST$22.33+2.76%+5.7%+4.3%6.8%64.7$1.37BCompare
CSRCenterspace$59.25+3.48%−11.8%−16.6%206.5%11.0$996.8MCompare

Quick answers

What does Fermi do?
Fermi Inc develops next-generation private electric grids that deliver redundant power at gigawatt scale to support next-generation intelligence and AI compute. It combines cutting-edge technology with a deep bench of world-class, multidisciplinary leaders with a combined 25 GW of experience to create one of the world's 17 GW next-gen private grids, helping ensure America's energy and AI dominance.
What is FRMI's market cap?
$1.18B, based on the Nov 4 close of $1.83.
Does Fermi pay a dividend?
No regular cash dividend has been paid in the last year.
How much of FRMI is sold short?
63.4M shares, 19.8% of float, as of Oct 15, 2026.
What sector is FRMI in?
Real Estate, in the REITs industry.

About Fermi

Fermi Inc develops next-generation private electric grids that deliver redundant power at gigawatt scale to support next-generation intelligence and AI compute. It combines cutting-edge technology with a deep bench of world-class, multidisciplinary leaders with a combined 25 GW of experience to create one of the world's 17 GW next-gen private grids, helping ensure America's energy and AI dominance. The behind-the-meter Project Matador campus is expected to integrate the nation's combined-cycle natural gas project, one of the clean, new nuclear power complexes in America, utility grid power, solar power, and battery energy storage, to support hyperscale AI and computing.

HQ: Amarillo, TX35 employeesListed Oct 1, 2025fermiamerica.com

Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology