Added to YB: 2026-07-02
Pitch date: 2026-06-29
FRMI [bullish]
Fermi Inc.
-8.97%
current return
Author Info
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Company Info
Fermi Inc. develops next-gen private electric grids that deliver highly redundant power at gigawatt scale to support next-gen intelligence and AI computing.
Market Cap
$5.8B
Pitch Price
$9.36
Price Target
18.30 (+115%)
Dividend
N/A
EV/EBITDA
-17.91
P/E
-7.74
EV/Sales
N/A
Sector
Specialized REITs
Category
special_situation
Everybody Sold the Power - Fermi Inc.
FRMI: Texas development-stage power co, ~$6B mkt cap, ~$9.50, down ~75%, 34% short. Owns permitted 6GW gas gen on 7,500 acres w/ $1.4B infra, turbines cleared customs. Trades 5.6x book vs peers ~10x despite equal power to Nebius ($60B). Founder ousted, tenant walked. Binding lease due ~Aug (self-imposed shot clock; lender/lease clawbacks in Nov). First deal could double stock.
Read full article (4 min)