FRMI
Fermi Inc. Common Stock
Nasdaq · usd
Fermi Inc. Common Stock (FRMI) trades at $2.59 (+1.45%) as of 2:39:42 PM EDT on Oct 26, 2026, -42.70% over the past month. Market cap is $1.64B, with 3.7 days to cover in short interest.
Stock performance
How Fermi Inc. Common Stock (FRMI) stock has performed from one day to one year, with its 52-week range.
- 1D
- +1.57%
- 1W
- -14.24%
- 1M
- -42.70%
- YTD
- -67.63%
- 1Y
- -89.13%
- 52-wk range
- $2.44 – $30.90
Key statistics
Today's trading snapshot for FRMI: day range, open, previous close, volume and market cap.
- Day range
- $2.44 – $2.64
- Open
- $2.55
- Prev close
- $2.55
- Volume
- 8.87M
- Market cap
- $1.64B
- Shares out
- 641.26M
8-K filings
Material corporate events Fermi Inc. Common Stock has disclosed to the SEC on Form 8-K.
- Credit facilityOct 16, 2026
Fermi Turbine Warehouse LLC (the "Borrower") and Firebird Equipment Holdco LLC ... entered into a Limited Waiver and Amendment No. 1 to the Equipment Supply Loan Financing Agreement ... with MUFG Bank, Ltd., as administrative agent and lender. The Amendment amends the Equipment Supply Loan Financing Agreement, dated as of February 10, 2026.
- Investor presentationOct 14, 2026
On October 14, 2026, Fermi Inc. (the "Company") posted a fact sheet containing additional information regarding its lease with TensorWave at the Project Matador site to its website at https://investor.fermiamerica.com/events-presentations. The fact sheet is furnished as Exhibit 99.1.
- Shareholder meeting noticeAug 31, 2026
On August 25, 2026, the Board of Directors ... determined that the date of its first annual meeting of stockholders (the "Annual Meeting") will be October 30, 2026. The record date ... will be August 31, 2026.
- Executive compensation changeAug 14, 2026
The Company has entered into an Employment Agreement with Mr. McIntire (the "Employment Agreement"), which provides for an annualized base salary of $750,000. Mr. McIntire is eligible to receive a target annual bonus equal to 100% of his base salary, with a maximum bonus equal to 200% of the target bonus. In addition, Mr. McIntire is entitled to a monthly housing allowance of $15,000. The Employment Agreement provides for Mr. McIntire's participation in the Company's 2025 Long-Term Incentive Plan (the "2025 LTIP"). In connection with his appointment as CEO, the Company will grant Mr. McIntire a number of restricted stock units having a grant date fair market value of $3,000,000 (the "RSU Award") pursuant to the 2025 LTIP.
- Investor presentationAug 13, 2026
The investor presentation is furnished as Exhibit 99.2 to this Current Report on Form 8-K and is incorporated herein by reference. The Company is hosting a conference call on August 13, 2026 at 8:00 am CT / 9:00 am ET to discuss its financial results for the second quarter ended June 30, 2026.
FRMI short interest
How heavily FRMI is shorted: shares short, days to cover and average daily volume.
- Days to cover
- 3.7
- Short interest
- 66.81M
- Avg volume
- 17.89M
As of · reported to FINRA twice monthly.
FRMI news
The latest news and headlines about Fermi Inc. Common Stock (FRMI).
- Small Caps Near Record Highs, Robinhood Rallies 12%: Stock Market TodaypositiveBenzinga· Jun 17, 2026
- Why Is Fermi (FRMI) Stock Moving Today?positiveBenzinga· Jun 11, 2026
- Why Fermi Crashed TodaynegativeThe Motley Fool· Apr 20, 2026
- Stocks Rise As Powell's Remarks Cool Rate Fears: What's Moving Markets Monday?positiveBenzinga· Mar 30, 2026
- INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Fermi Inc. of Class Action Lawsuit and Upcoming Deadlines - FRMInegativeGlobeNewswire Inc.· Mar 3, 2026
Frequently asked questions
What is the Fermi Inc. Common Stock (FRMI) stock price today?
Fermi Inc. Common Stock (FRMI) is trading at $2.59 (+1.45% on the day) as of 2:39:42 PM EDT on Oct 26, 2026. Prices are delayed at least 15 minutes; real-time quotes are available from the Massive API.
What is Fermi Inc. Common Stock?
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…
What is the short interest in FRMI?
As of Sep 30, 2026, FRMI has 66.81M shares short and 3.7 days to cover.
What exchange is FRMI listed on?
Fermi Inc. Common Stock (FRMI) trades on Nasdaq in USD, in the REAL ESTATE INVESTMENT TRUSTS industry.
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