SecBot

SecBot
Nasdaq· Real Estate Investment Trusts· Inc. TX· CIK 0002071778

FRMI

Fermi Inc.
$4.16 ▲ +2.84%
Prev close $4.05
Market cap$2.7B
ConsensusStrong Buy
12-mo target$17.13 (+311.5%)
▲ Bullish
Analyst conviction 8/10
Insider Selling Cluster (4 insiders)High Impact Filing (7/10)44 New Institutional Positions6 Institutional Exits Real Estate
Snapshot
The big-picture read on FRMI right now — valuation, ownership and activity at a glance.
Market Cap
$2.7B
Cap Size
Mid Cap
Analyst Consensus
Strong Buy (81%)
Inst. Holders
50 funds
Inst. Value
$1.3B
Inst. Activity
44 buys / 6 sells
Insider Activity
$0.00 buy / $75.1M sell
Insider Net $
-$75.1M
Social Sentiment
70° Bullish
SEC Reports
20
Price chart 30d -12.7%
Daily candles (open–high–low–close) with volume. Green = up day, red = down day.
Vol
Recent activity
The latest filings, insider trades, analyst actions, press and options flow — newest first.
Oct 1, 2026 short_volume
Short Volume: FRMI — 61.2% short (8.3M / 13.6M)
Short: 8,311,545 | Exempt: 48,393 | TRF Vol: 13,591,004 | Short Ratio: 61.2% | Off-exchange volume (
Aug 20, 2026 Insider
Ortiz Blanes Jacobo was granted 147,059 shares
Chief Operating Officer
Aug 14, 2026 Insider
MCINTIRE LEE A was granted 468,750 shares
Chief Executive Officer
Jul 15, 2026 SEC
Fermi Inc. closed an upsized $431.25M offering of 5.00% convertible senior notes due 2031, including full exercise of th
8-K — Impact 7/10
Jul 13, 2026 SEC
Miles Everson, a director designee of activist Toby Neugebauer, resigned from Fermi's board effective July 10, 2026, cit
8-K — Impact 6/10
Jul 9, 2026 SEC
Fermi Inc. announced a $350 million convertible senior notes offering (plus $52.5 million option) to fund capped call tr
8-K — Impact 6/10
Jun 30, 2026 Insider
Perry James Richard sold 863,637 shares
Director @ $7.31 ($6.3M)
Jun 30, 2026 Inst.
SRS Investment Management, LLC — NEW
20,205,579 shares ($185.1M)
Analyst ratings buy % -12.9%
How Wall Street rates the stock today, and the latest firm-by-firm actions.
Strong Buy 81% rate it Buy or better · 16 analysts
Strong Buy 4 25% Buy 9 56% Hold 3 19% Sell 0 0% Strong Sell 0 0%
Recent analyst actions
DateFirmActionRatingFirm rating
Aug 14, 2026MacquarieMAINTAINOutperform 55%
Aug 13, 2026MacquarieMAINTAINOutperform 55%
Jul 28, 2026MizuhoMAINTAINOutperform 52%
Jun 23, 2026StifelMAINTAINBuy 54%
May 15, 2026Evercore ISI GroupDOWNGRADEIn-Line 59%
Apr 20, 2026MacquarieMAINTAINOutperform 55%
Monthly consensus history
PeriodStr. BuyBuyHoldSellStr. SellBuy %Distribution
Sep 1, 20264930081%
Aug 1, 20264930081%
Jul 1, 20264930081%
Jun 1, 20264930081%
May 1, 202641110094%
Apr 1, 202641110094%
Mar 1, 202641110094%
Feb 1, 202641010093%
Price targets
Where 8 covering analysts think FRMI trades over the next 12 months.
$17.13 +311.5% upside Strong Buy
Current$4.16 Low$6.00 Median$13.50 High$35.00 8 analysts
$6.00$35.00
Analyst rating Buy· 1.6/5 as of Oct 2, 2026
Social media sentiment mood +20.0%
Retail-investor mood aggregated across social media. 0° = very bearish, 100° = very bullish.
70°
Bullish
BearishNeutralBullish
42 mentions 24 bullish 6 bearish 12 neutral
Recent posts
wallstreetbets Bullish 20d 19h ago
Fermi Founder Parties file formal proposal for Independent Strategic Review of Extraordinary Transactions - StreetAccount
▲ 1 · 💬 0· ⚡ 0.5
stockmarket Bullish 1mo ago
Nvidia plans $3 billion investment in infrastructure developer SB Energy to back OpenAI's massive data center campus
▲ 1 · 💬 5· ⚡ 0.5
wallstreetbets Bullish 1mo ago
$FRMI YOLO AND DD analysis for the next week. Golden opportunity?
▲ 1 · 💬 0· ⚡ 0.5
wallstreetbets Bullish 1mo ago
$FRMI YOLO AND DD analysis for the next week. Golden opportunity?
▲ 1 · 💬 0· ⚡ 0.5
wallstreetbets Bullish 1mo ago
Golden Opportunity Next Week - My $FRMI YOLO and DD behind it
▲ 1 · 💬 0· ⚡ 0.5
Reports & filings
AI-scored summaries of recent SEC filings and press releases, with sentiment and impact.
20 SEC filing reports analyzed · 14 bullish, 5 bearish, 1 mixed, 0 neutral · avg impact 6.8/10.
BEARISH8-K7/10
Fermi Inc. closed an upsized $431.25M offering of 5.00% convertible senior notes due 2031, including
Jul 15, 2026
BEARISH8-K6/10
Miles Everson, a director designee of activist Toby Neugebauer, resigned from Fermi's board effectiv
Jul 13, 2026
BEARISH8-K6/10
Fermi Inc. announced a $350 million convertible senior notes offering (plus $52.5 million option) to
Jul 9, 2026
BEARISHDFAN14A7/10
Toby R. Neugebauer and his group (the 'Participants') have withdrawn their solicitation to call a sp
Jul 8, 2026
Upcoming & catalyst events
Scheduled dates plus disclosed catalysts — earnings, dividends, enforcement, FDA and clinical-trial events. Colored dot = impact.
Oct 1, 2026
short_volume
Short Volume: FRMI — 61.2% short (8.3M / 13.6M)
Short: 8,311,545 | Exempt: 48,393 | TRF Vol: 13,591,004 | Short Ratio: 61.2% | Off-exchange volume (dark pool + OTC)
Sep 30, 2026
short_volume
Short Volume: FRMI — 60.1% short (4.3M / 7.2M)
Short: 4,294,947 | Exempt: 7,756 | TRF Vol: 7,150,703 | Short Ratio: 60.1% | Off-exchange volume (dark pool + OTC)
Sep 25, 2026
short_volume
Short Volume: FRMI — 68.4% short (6.6M / 9.6M)
Short: 6,567,435 | Exempt: 36,502 | TRF Vol: 9,604,970 | Short Ratio: 68.4% | Off-exchange volume (dark pool + OTC)
Sep 23, 2026
short_volume
Short Volume: FRMI — 56.8% short (3.0M / 5.3M)
Short: 3,034,267 | Exempt: 14,651 | TRF Vol: 5,340,693 | Short Ratio: 56.8% | Off-exchange volume (dark pool + OTC)
Sep 21, 2026
other
Toby Neugebauer Sues Three Fermi Directors, Alleging a Coordinated Effort to Take Control of Company and Disenfranchise Fermi Shareholders According to the Complaint
DALLAS, Sept. 21, 2026 /PRNewswire/ -- In an amended lawsuit filed in Texas Business Court on Friday, Fermi founder and largest shareholder of Fermi I
Earnings estimates
Forecast earnings per share and revenue by period — and whether estimates are rising.
PeriodEPS Est.RangeGrowth30d RevUp/DnRevenue#
Current Q$-0.07$-0.13–$-0.0491.7%-3.9%0↑ 1↓$0.0B3
Next Q$-0.07$-0.13–$-0.0461.7%+3.7%—$0.0B3
Current FY$-0.28$-0.60–$-0.0675.1%+21.6%0↑ 1↓$0.0B4
Next FY$0.13$-0.24–$0.52146.2%+12.1%—$0.7B5
Current-quarter EPS estimate — revision history
WhenEPS estimateChange vs now
Current$-0.069—
7d ago$-0.067-0.003
30d ago$-0.067-0.003
60d ago$-0.067-0.003
90d ago$-0.091+0.022
Institutional ownership
Which big funds own FRMI (from quarterly 13F filings) and who is adding or trimming.
50 institutional holders with $1.3B total value (139,476,579 shares) as of 2026-Q2. Top holders: SRS, CITADEL, Point72. Net buying activity: 44 institutions added/increased vs 6 reduced.
Top holders — 2026-Q2
FundSharesValue% TrackedLast move
SRS Investment Management, LLC20,205,579$185.1M14.5%NEW
CITADEL ADVISORS LLC8,587,055$78.7M6.2%ADD +38.0%
Point72 Asset Management, L.P.7,036,123$64.5M5.0%DOUBLED +464.9%
D. E. Shaw & Co., Inc.5,418,891$49.6M3.9%DOUBLED +554.2%
SUSQUEHANNA INTERNATIONAL GROUP, LLP4,938,700$45.2M3.5%ADD +95.5%
MILLENNIUM MANAGEMENT LLC4,303,619$39.4M3.1%DOUBLED +7174.7%
BlackRock, Inc.4,202,985$38.5M3.0%DOUBLED +421.6%
MARSHALL WACE, LLP4,160,290$38.1M3.0%DOUBLED +1403.3%
ExodusPoint Capital Management, LP4,068,302$37.3M2.9%DOUBLED +13125.9%
Gotham Asset Management, LLC3,943,404$36.1M2.8%DOUBLED +1004.1%
Recent position changes
FundActionPrevCurrentChangeValue
SRS Investment Management, LLCNEW—20,205,579—$185.1M
CITADEL ADVISORS LLCADD6,221,7068,587,055+38.0%$78.7M
Point72 Asset Management, L.P.DOUBLED1,245,6127,036,123+464.9%$64.5M
D. E. Shaw & Co., Inc.DOUBLED828,3585,418,891+554.2%$49.6M
MILLENNIUM MANAGEMENT LLCDOUBLED59,1594,303,619+7174.7%$39.4M
BlackRock, Inc.DOUBLED805,7454,202,985+421.6%$38.5M
MARSHALL WACE, LLPDOUBLED276,7504,160,290+1403.3%$38.1M
ExodusPoint Capital Management, LPDOUBLED30,7604,068,302+13125.9%$37.3M
Gotham Asset Management, LLCDOUBLED357,1653,943,404+1004.1%$36.1M
VANGUARD PORTFOLIO MANAGEMENT LLCDOUBLED169,8573,852,877+2168.3%$35.3M
Insider activity
Buying and selling by company executives and directors (SEC Form 4).
11 insiders, 20 transactions. Net -$75.1M — $0.00 bought, $75.1M sold.
DateInsiderTitleTypeSharesPriceValue
Aug 20, 2026Ortiz Blanes JacoboChief Operating OfficerAWARD147,059——
Aug 14, 2026MCINTIRE LEE AChief Executive OfficerAWARD468,750——
Jun 30, 2026Perry James RichardDirectorSELL863,637$7.31$6.3M
Jun 3, 2026Uzman MesutChief Nuclear Constr. OfficerSELL79,032$6.31$498.7K
Jun 3, 2026Uzman MesutChief Nuclear Constr. OfficerSELL79,509$6.31$501.7K
Jun 1, 2026Everson Miles E.DirectorAWARD35,818——
Jun 1, 2026Perry James RichardDirectorAWARD175,094——
Jun 1, 2026Kellerman Lawrence M.Chief Power OfficerAWARD35,818——
Jun 1, 2026MCINTIRE LEE ADirectorAWARD175,094——
Jun 1, 2026Robbin-Coker CordelDirectorAWARD175,094——
Short interest & halts
FINRA semi-monthly short positions, Reg SHO threshold status, and recent trading halts for FRMI.
Shares short
63,496,713
Settlement Sep 15, 2026
Change vs prior
+5.1%
Semi-monthly cycle
Days to cover
4.0
At avg daily volume
Of shares outstanding
≈9.9%
Estimate — not % of float
All FRMI filing & press-release reports (48)