Fermi Inc. FRMI

Fermi has seen its share price come under heavy pressure this year, and that slide raises a clear question for investors who track fundamentals. Is the current market value still in line with what the company’s book value can justify, or has sentiment moved ahead of the balance sheet? The stock is down 51.7% year to date, which puts the focus squarely on whether the business now trades at a level that still reflects its underlying net assets. New agreements with CBRE and NAES to run the...

Fermi (FRMI) has drawn fresh attention after Toby R. Neugebauer filed a shareholder proposal on September 14, 2026, urging an independent review of potential transactions and governance changes at the company. Fermi’s recent turbulence shows up clearly in the chart, with the share price falling 5.75% over the last day and 15.81% over the past week. This has contributed to a year to date share price return of down 51.70% and a 90 day share price return of down 53.49%. This points to fading...

Agreement brings a proven power plant operator to Project MatadorAdds trained crews and reliability systems ahead of first powerDALLAS, TX / ACCESS Newswire / September 28, 2026 / (NASDAQ:FRMI)(LSE:FRMI), operating as Fermi America™ ("Fermi" or the "Company"), announced today an operations and maintenance (O&M) agreement with NAES Corporation ("NAES"), the largest independent operator of power plants in the United States. Under the agreement, NAES will run and maintain Fermi's natural gas turbin

Five-year agreement brings a proven data-center operator to Project MatadorAdds trained crews and maintenance programs ahead of first computeDALLAS, TX / ACCESS Newswire / September 24, 2026 / (NASDAQ:FRMI)(LSE:FRMI), operating as Fermi America™ ("Fermi" or the "Company"), announced today that its subsidiary, Fermi Services LLC, has signed a management agreement with CBRE, the world's largest commercial real estate services firm and provider of critical infrastructure services. CBRE will be the

Amendment demonstrates both parties' commitment to the 222 MW Project Matador lease as guaranty discussions continueDALLAS, TX / ACCESS Newswire / September 22, 2026 / (NASDAQ:FRMI)(LSE:FRMI), operating as Fermi America™ ("Fermi" or the "Company"), today announced that its wholly owned subsidiary, Fermi Campus 1 LLC, and TensorWave TEX1, LLC ("TensorWave") have signed a First Amendment to their Data Center Lease and Services Agreement (the "Lease"). The amendment extends the closing date under t

The equipment will support Project Matador’s second gas-fired power phase, but Fermi has not disclosed installation or first-power dates for the units.

In an amended lawsuit filed in Texas Business Court on Friday, Fermi founder and largest shareholder of Fermi Inc. (Nasdaq: FRMI), Toby Neugebauer alleged that three of Fermi's current directors engaged in a long-running effort to consolidate their control of the Company and disenfranchise Fermi shareholders in what the lawsuit describes as a pattern of governance abuses.

Fermi Inc. (NASDAQ:FRMI) (LSE:FRMI), operating as Fermi America™ ("Fermi" or the "Company"), today announced that the Business Court of Texas has denied each of three requests for a temporary restraining order sought by the Company's former chief executive officer and his investment vehicle. The Honorable Brian Stagner entered the order on September 16, 2026, following a hearing held on September 15, 2026, in Neugebauer v. Fermi Inc., Cause No. 26-BC01B-0034 (Bus. Ct. Tex., First Div.).

Toby R. Neugebauer, with Vicksburg Investments Management LLC and the Melissa A. Neugebauer 2020 Trust (collectively, the "Fermi Founder Parties"), the largest shareholder of Fermi Inc. (Nasdaq: FRMI) at approximately 22% of shares outstanding, has taken three actions ahead of the Company's October 30 Annual Meeting: a letter to Fermi's Board of Directors sent September 9, followed by a detailed presentation delivered September 10, and a formal shareholder proposal submitted September 10 under S

On August 13, Fermi Inc. (NASDAQ:FRMI) held its second-quarter earnings call and delivered exactly the kind of update a young power developer needs: proof that its plans are turning into contracts. Chairman Marius Haas told investors the company had hit all five commitments from a 90-day plan he laid out three months earlier, topped by […]

Moby summary of Fermi Inc. Common Stock's Q2 2026 earnings call

Fermi Inc. has already reported a second‑quarter 2026 net loss of US$25.81 million and a six‑month net loss of US$214.50 million, while securing a 15‑year, approximately US$6.50 billion lease with TensorWave and a framework agreement for a 2.6 GW Hillcore‑financed power complex at Project Matador in Texas. These deals give Fermi its first long‑term, contracted revenue stream and access to gigawatt‑scale, behind‑the‑meter power without upfront capital outlay, reshaping how its buildout risk...

Fermi (NasdaqGS:FRMI) appoints Lee McIntire as Chief Executive Officer as the company moves from development into construction at Project Matador. The company enters a new alliance with Hillcore to deliver a 2.6 GW power facility on a Build-Own-Operate-Transfer basis. The Hillcore partnership is structured to provide on-site power capacity without upfront costs to Fermi while using Hillcore’s operational capabilities. Both steps aim to support Fermi’s plans to supply power to AI and...

Fermi (FRMI) reported a second quarter net loss of US$25.81 million, or US$0.04 per share from continuing operations, with the net loss for the first half of 2026 totaling US$214.5 million. See our latest analysis for Fermi. Fermi’s latest earnings release came just days after the stock reacted to its first major customer lease at Project Matador and the Hillcore power agreement, with the 1 day share price return down 13.16% to US$6.60 but the year to date share price return still down...

Fermi stock is down 25.2% year to date, yet the current valuation checks still suggest the shares are not an obvious bargain. Year to date, the share price has declined 25.2%, which puts recent sentiment under pressure even after a small rebound in the past week. The long term lease with TensorWave for the Project Matador data center campus can underpin expectations for future revenue. However, the scale and timing of the associated power build out with Hillcore may add execution and...

Fermi posts a net loss of 4 cents a share in the second quarter, wider than a year ago. The stock has risen this week following a big announcement Monday.