CATALYSTYahoo Finance • 2d ago
Fermi shares surge on AMD credit support deal for Texas AI siteYahoo Finance report covering Fermi Inc. (FRMI) market action, institutional positioning, and fundamental catalysts.
Why FRMI Stock dropped -7.71% Today — RQD Quant Desk Flash
$2.04 -7.71% NASDAQ • Live Quote vs Prior Daily Close (Synced Snapshot)
EXT / AFTER-HRS: $2.01
Fermi Inc. (FRMI) carries a Roarable Rating of E (Strong Sell) with 31/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.
ROARABLE E • RED ALERT
Cap $1.41B
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Is FRMI stock a Buy, Hold, or Sell right now according to Roarable's RQD model?
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As of 2026-11-03, Fermi Inc. (NASDAQ: FRMI) is rated E (Strong Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 31/100 at a spot price of $2.04 (-7.71% 1D, market cap $1.41B). Pillar breakdown: Fundamental Cash Engine 4/20, Institutional 13F & Options Flow 4/20, SEC Balance-Sheet Forensics 10/20, FRED Macro Regime Fit 8/20, and Executive Insider Alignment 5/20. Across 1097 tracked Financials issuers, FRMI ranks #1010 in composite RQD confidence.
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🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief)
How does FRMI compare to AAT and UMH in the Financials sector?
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Within the Financials sector (Real Estate Investment Trusts), FRMI carries a Roarable E (31/100 RQD), trailing P/E of N/A, gross margin of —, and ROIC of -20.4%. By comparison, AAT (American Assets Trust Inc.) holds a D+ grade (57/100 RQD, P/E N/A, ROIC 11.3%, cap $1.34B) and UMH (UMH Properties Inc.) posts a D grade (49/100 RQD, P/E N/A, ROIC 0.7%, cap $1.30B). Among the 5-stock peer group, ALX leads on earnings multiple (45.1x) while ALX leads on capital efficiency (25.9% ROIC).
✓ Pre-computed one-to-many AI Quant brief
🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief)
What are the biggest fundamental strengths and SEC risk factors for FRMI?
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Per FRMI's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0002071778), Fermi Inc. generated $497.8M in revenue, -$486.4M in net income, and -$603.5M in free cash flow against $1.41B in total assets and $0 in total debt. Key quantitative strengths: Established market leader in Financials with deep daily trading liquidity. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately. Institutional options positioning shows a 50% call / 50% put premium split.
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INTERACTIVE SCENARIO DECK:
EXT / AFTER-HRS: $2.01 (-1.58%)🧬 Disciplined Float (+0.72% YoY Shares)⚙️ Cash Engine: 4/20 (E) • 0% FCF Margin
Verify 90D Bucket Audit →📊 Historical Track Record Warning: Scores below 50 (31/100 · E) historically underperformed SPY in 71% of rolling 90-day windows (-9.4% avg 90D alpha vs SPY • 29.0% hit rate).
Audit Bucket Track Record →RQD QUANT TACHOMETERRED ALERT • E
3-of-3 Quant Analysts Bearish Warning
Cash
SEC
Whale
Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer
5-PILLAR RQD RADARRw E · Rk D
Each axis scored 0–20
12M PRICE TARGET CONE-12.3% Base Target
WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for FRMI)Realized 20D OHLCV Swing Band: ±12.5%
Deterministic 5-Pillar Attribution (31/100 Composite)
🔍 WHY FRMI SCORES 31/100 (E) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag
▲ #1 Bullish Driver: SEC 10-K Forensic Risk+10/20 pts (32% of score)
Altman Z-Score 3.80 (FORTRESS SAFE (>3.0)) • Piotroski F-Score 1/9
▲ #2 Bullish Driver: Macro Regime Fit+8/20 pts (26% of score)
FRED Regime × Technicals: 2% of 52W Range • RSI-14 at 31.5 (OVERSOLD (<32))
▼ #1 Drag / Risk Factor: Whale & Options Positioning4/20 pts (-16 pt drag)
Put hedging (50% put share) caps near-term gamma upside (-16 pts vs max)
📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current
Q1 (-3Q)Grade E$3.16-9.5% Next Q
39
Q2 (-2Q)Grade E$2.86+5.6% Next Q
36
Q3 (-1Q)Grade E$3.02-32.5% Next Q
34
CurrentGrade E$2.04-9.4% Hist 90D α
31
Trajectory: E (39) → E (31)Full Audit →
⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)CONTRARIAN TURNAROUND & SHORT-SQUEEZE DOSSIER
⚔️ Adversarial Opposing Case: What Could Spark a FRMI Turnaround Squeeze
While FRMI currently carries a cautious 31/100 (E) rating due to Whale & Options Positioning (4/20), shorts face asymmetric squeeze risk if free cash flow inflects or management executes accretive buybacks.
🚀 Contrarian Squeeze Trigger #1
Established market leader in Financials with deep daily trading liquidity.
🚀 Contrarian Squeeze Trigger #2
Options & Short-Covering Gamma: Reclaiming the 50-day SMA ($4.07) and Max Pain ($2.14) forces dealer call-delta covering toward $30.34.
🚀 Contrarian Squeeze Trigger #3
Forensic Repair Trigger: Halting share dilution (Disciplined Float (+0.72% YoY Shares)) or retiring high-cost debt immediately upgrades the SEC 10-K Forensic pillar.
🎲 LIVE PREDICTION MARKET ODDS TIED TO $FRMI• $2.4M Crowd Pool • Kalshi / Polymarket Composite
Contract: “FRMI Beats Next Quarter EPS Consensus (Dec 30, 2026) & Holds Above 200D SMA”
AUTOMATED RQD QUANT DESK MOVER BRIEFINGFull Market News Desk →
Why FRMI Stock dropped -7.71% Today — RQD Quant Desk Flash
Fermi Inc. (FRMI) dropped -7.71% to $2.04, trading at 2% of its 52-week range ($2.21 – $28.9). Stretched risk/reward at current multiples (-20% return on capital) under elevated 10-year interest-rate pressure.
- ▸Technical Tape: Trading at 2% of its 52-week range ($2.21 – $28.9) with RSI-14 at 31.5 (OVERSOLD (<32)).
- ▸Volatility Profile: Historical 20-day realized swing band of ±12.5% around $2.04 (no active unusual options sweep snapshot on file).
- ▸Fundamental Anchor: Roarable E (Strong Sell) backed by 52% gross margin and $0 annual free cash flow.
Live FRMI Headlines & Catalysts
RISK WATCHSeeking Alpha • 2d ago
Fermi: The Risks Are Still Rising (NASDAQ:FRMI)Seeking Alpha report covering Fermi Inc. (FRMI) market action, institutional positioning, and fundamental catalysts.
CATALYSTBarron's • 2d ago
Fermi Stock Soars 20% on AMD Deal. Why Analysts See Hurdles Ahead.Barron's report covering Fermi Inc. (FRMI) market action, institutional positioning, and fundamental catalysts.
MARKET WIREBenzinga • 2d ago
What's Going On With Fermi Stock Friday?Benzinga report covering Fermi Inc. (FRMI) market action, institutional positioning, and fundamental catalysts.
MARKET WIREYahoo! Finance Canada • 2d ago
Fermi Inc. (FRMI) Stock Price, News, Quote & HistoryYahoo! Finance Canada report covering Fermi Inc. (FRMI) market action, institutional positioning, and fundamental catalysts.
MARKET WIREYahoo Finance • 2d ago
Jim Cramer Says Fermi (FRMI) Never Should Have Gone PublicYahoo Finance report covering Fermi Inc. (FRMI) market action, institutional positioning, and fundamental catalysts.
MARKET WIREYahoo Finance • 2d ago
Fermi (FRMI) Could Be 81% Undervalued As Grid Buildout Remains In FocusYahoo Finance report covering Fermi Inc. (FRMI) market action, institutional positioning, and fundamental catalysts.
MARKET WIREYahoo Finance Singapore • 3d ago
Fermi Inc. (FRMI) stock price, news, quote and historyYahoo Finance Singapore report covering Fermi Inc. (FRMI) market action, institutional positioning, and fundamental catalysts.
MARKET WIREYahoo • 2d ago
Fermi Advances Project Matador, Pivots to Powered-Land Strategy as Director Vote FailsFermi (NASDAQ:FRMI) said at its annual shareholder meeting that it is advancing development at its Project Matador site while shifting its commercial strategy toward a powered-land model for prospective tenants. Chief Ex
MARKET WIREYahoo • 5d ago
3 AI Data Centre Stocks Investors Are Watching Beyond The Nscale Compute CampusNscale’s ambitious “Monarch Compute Campus” has turned a single West Virginia project into a global talking point, because the outcome touches everything from AI enthusiasm to how investors think about real estate tied t
ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk
Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring FRMI)
- ✓Walkthrough of FRMI's RQD Radar, SEC cash-conversion gap & downside invalidation levels
- ✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
- ✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks
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FRMI // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -58.70%▼ SUPPORT BREAKDOWN
2026-11-04O $2.61H $2.61L $2.04C $2.04VOL 26.17M
RES: $3.76SUP: $2.05SMA50: $4.07SMA200: $6.36
PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK
FRMI Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure
Share Count & Dilution Monitor
Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).
Reverse-DCF Expectations Hurdle
8.0%/yr Implied 5Y Growth
vs. +6.0% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).
Ellis Vennor Setup Ledger
No active Ellis Vennor swing setup published on FRMI today. View full Setup Ledger →
🦋 Documented & Second-Order Butterfly Connections
Open Graph →
No direct multi-tier Butterfly edges indexed yet for FRMI. Explore sector supply chains on /butterfly.
AI Analyst Theses, Washington Policy & Company Video
🎬 No recent verified company-specific video clip queued for FRMI today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →
DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK
📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (FRMI)
Financials Rank #1010 of 1097
⚔️ AAT vs FRMI Full Matrix →
1. Head-to-Head Financials Peer Comparison (FRMI vs. AAT, UMH, MPT, ALX)
Industry: Real Estate Investment Trusts (172 Tracked Issuers)Across 1097 tracked Financials securities in the Roarable RQD universe, Fermi Inc. (FRMI) ranks #1010 by composite RQD confidence (31/100, grade E) and #501 by equity capitalization ($1.41B). Within this direct 5-issuer industry benchmark cohort, ALX leads on earnings valuation at 45.1x trailing P/E, while ALX leads on capital efficiency and profitability with 25.9% ROIC and — gross margin. ALX currently holds the highest overall quantitative score in the immediate peer group at 64/100 (C) compared with FRMI at 31/100 (E).
| Ticker / Company | Roarable Grade | RQD Score | Trailing P/E | Gross Margin | ROIC | 1D Change | Market Cap | Head-to-Head |
|---|---|---|---|---|---|---|---|---|
| FRMI
ACTIVE
Fermi Inc. | E | 31/100 | — | — | -20.4% | -7.71% | $1.41B | Benchmark Subject |
| AAT American Assets Trust Inc. | D+ | 57/100 | — | — | 11.3% | -0.73% | $1.34B | /aat-vs-frmi → |
| UMH UMH Properties Inc. | D | 49/100 | — | — | 0.7% | -3.40% | $1.30B | /umh-vs-frmi → |
| MPT Medical Properties Trust Inc. | D- | 39/100 | — | — | -6.0% | -7.34% | $1.30B | /mpt-vs-frmi → |
| ALX Alexander's Inc. | C | 64/100 | 45.1x | — | 25.9% | -4.30% | $1.28B | /alx-vs-frmi → |
2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2025–FY2025)
SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0002071778 ↗In its most recent audited fiscal period (FY2025, filed 2025-12-31), Fermi Inc. (FRMI) reported GAAP revenue of $497.8M , GAAP net income of -$486.4M, operating cash flow of -$34.2M, and free cash flow of -$603.5M . On the balance sheet, FRMI closed FY2025 with $1.41B in total assets against $0 in total debt (Altman Z-Score: N/A, Piotroski F-Score: 1/9).
| Fiscal Period | Filing Date | Revenue | Net Income | Operating Cash Flow | Free Cash Flow | Total Assets | Total Debt |
|---|---|---|---|---|---|---|---|
| FY2025 (FY) | 2025-12-31 | $497.8M | -$486.4M | -$34.2M | -$603.5M | $1.41B | — |
3. FRMI Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)
✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLEDIs FRMI stock a Buy, Hold, or Sell right now according to Roarable's RQD model?
As of 2026-11-03, Fermi Inc. (NASDAQ: FRMI) is rated E (Strong Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 31/100 at a spot price of $2.04 (-7.71% 1D, market cap $1.41B). Pillar breakdown: Fundamental Cash Engine 4/20, Institutional 13F & Options Flow 4/20, SEC Balance-Sheet Forensics 10/20, FRED Macro Regime Fit 8/20, and Executive Insider Alignment 5/20. Across 1097 tracked Financials issuers, FRMI ranks #1010 in composite RQD confidence.
How does FRMI compare to AAT and UMH in the Financials sector?
Within the Financials sector (Real Estate Investment Trusts), FRMI carries a Roarable E (31/100 RQD), trailing P/E of N/A, gross margin of —, and ROIC of -20.4%. By comparison, AAT (American Assets Trust Inc.) holds a D+ grade (57/100 RQD, P/E N/A, ROIC 11.3%, cap $1.34B) and UMH (UMH Properties Inc.) posts a D grade (49/100 RQD, P/E N/A, ROIC 0.7%, cap $1.30B). Among the 5-stock peer group, ALX leads on earnings multiple (45.1x) while ALX leads on capital efficiency (25.9% ROIC).
What are the biggest fundamental strengths and SEC risk factors for FRMI?
Per FRMI's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0002071778), Fermi Inc. generated $497.8M in revenue, -$486.4M in net income, and -$603.5M in free cash flow against $1.41B in total assets and $0 in total debt. Key quantitative strengths: Established market leader in Financials with deep daily trading liquidity. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately. Institutional options positioning shows a 50% call / 50% put premium split.
Where is FRMI trading relative to its 50-day, 200-day, and 52-week technical levels?
FRMI last traded at $2.04 (-7.71% on volume of 30,797,173 shares), positioning the stock -49.88% below its 50-day simple moving average ($4.07) and -67.92% below its 200-day simple moving average ($6.36). Across its 52-week range of $2.21 to $28.90, FRMI sits at the 0.0% percentile with a 14-day RSI of 31.5 (OVERSOLD (<32)) and an implied next-earnings move of ±12.5% ($1.78 to $2.30).
ROARABLE RATING BRIEF • RQD 31/100 (E)
✓ SEC XBRL & RQD VERIFIED
FRMI — Fermi Inc.: What the Facts Mean to a Prospective Investor
Methodology: RQD v6.2 Deterministic 5-Pillar & SEC XBRL Audit
Updated: 2025-12-31
1. Roarable Rating Brief: What This Means to a Prospective Investor
Fermi Inc. (FRMI) earns a live Roarable RQD composite score of 31/100, corresponding to a E letter grade (Roarable Strong Sell) at a spot price of $2.04 (-7.71% 1D, market capitalization $1.41B).
- Fundamental Cash Engine (4/20): Anchored by return on invested capital (ROIC) of -20.4%, gross margin of —, operating margin of —, and free cash flow yield of —.
- Whale 13F & Options Flow (4/20) + Insider Conviction (5/20): Tracks institutional 13F accumulation, CBOE options call/put positioning, and SEC Form 4 / Congressional PTR filings.
- Macro Regime Fit (8/20) + Forensic Balance Sheet (10/20): Incorporates a 1.00x equity beta, Altman Z-Score of N/A, Piotroski F-Score of 1/9, and Debt/Equity of N/A.
2. Business Model, Unit Margins & SEC Financial Trajectory
Fermi Inc. Is a NASDAQ-listed issuer classified under the Financials sector and the Real Estate Investment Trusts industry,. Reported FY 2025 revenue is —. The profile and source data do not further describe how the company generates income.
In its latest audited SEC EDGAR 10-K filing for FY2025 (filed 2025-12-31), Fermi Inc. (FRMI) reported $497.8M in annual revenue and -$486.4M in GAAP net income. Operating cash flow reached -$34.2M and free cash flow totaled -$603.5M, backed by $1.41B in total assets against $0 in total debt.
3. Institutional Bull vs. Bear Thesis & Valuation Tradeoff
- 🐂 Primary Bull Case (E • RQD 31/100): Established market leader in Financials with deep daily trading liquidity. Free cash flow yield of — and institutional whale pillar of 4/20. With Fundamental Cash Engine at 4/20 and Institutional Whale Flow at 4/20, sustained execution supports upside toward the upper end of the $2.21 – $28.90 52-week range.
- 🐻 Primary Bear Case & Valuation Risk: Company executives have done more routine share selling than personal cash buying lately. Investors must weigh current valuation against — operating margins and a 1.00x macro beta.
4. 2nd-Order Butterfly Ripples & Key Questions to Watch
The source data therefore does not establish upstream or downstream dependencies. Within the news wire, the AMD credit support deal is referenced as a catalyst for a Texas AI site, which suggests an exposure to AI infrastructure demand.
- Key Question #1: Can FRMI sustain or expand its — operating margin and -20.4% ROIC against Real Estate Investment Trusts peers over the next 4 quarters?
- Key Question #2: Following FY2025 revenue of $497.8M and free cash flow of -$603.5M, how will capital allocation balance growth reinvestment against $0 in total debt?
- Key Question #3: How sensitive is FRMI's equity valuation to Financials capital spending cycles and macro interest-rate shifts (Beta 1.00x)?
FRMI Live News Feed, Press Releases & Catalyst Wire
Real-time company headlines, analyst actions, and sector developments for Fermi Inc. (FRMI) • Click "Debate This Headline" to argue it in the Roar Pit below
🟢 CATALYST Yahoo Finance • 2d ago
Fermi shares surge on AMD credit support deal for Texas AI site Yahoo Finance report covering Fermi Inc. (FRMI) market action, institutional positioning, and fundamental catalysts.
🔴 RISK WATCH Seeking Alpha • 2d ago
Fermi: The Risks Are Still Rising (NASDAQ:FRMI) Seeking Alpha report covering Fermi Inc. (FRMI) market action, institutional positioning, and fundamental catalysts.
🟢 CATALYST Barron's • 2d ago
Fermi Stock Soars 20% on AMD Deal. Why Analysts See Hurdles Ahead. Barron's report covering Fermi Inc. (FRMI) market action, institutional positioning, and fundamental catalysts.
🟡 MARKET WIRE Benzinga • 2d ago
What's Going On With Fermi Stock Friday? Benzinga report covering Fermi Inc. (FRMI) market action, institutional positioning, and fundamental catalysts.
🟡 MARKET WIRE Yahoo! Finance Canada • 2d ago
Fermi Inc. (FRMI) Stock Price, News, Quote & History Yahoo! Finance Canada report covering Fermi Inc. (FRMI) market action, institutional positioning, and fundamental catalysts.
🟡 MARKET WIRE Yahoo Finance • 2d ago
Jim Cramer Says Fermi (FRMI) Never Should Have Gone Public Yahoo Finance report covering Fermi Inc. (FRMI) market action, institutional positioning, and fundamental catalysts.
🟡 MARKET WIRE Yahoo Finance • 2d ago
Fermi (FRMI) Could Be 81% Undervalued As Grid Buildout Remains In Focus Yahoo Finance report covering Fermi Inc. (FRMI) market action, institutional positioning, and fundamental catalysts.
🟡 MARKET WIRE Yahoo Finance Singapore • 3d ago
Fermi Inc. (FRMI) stock price, news, quote and history Yahoo Finance Singapore report covering Fermi Inc. (FRMI) market action, institutional positioning, and fundamental catalysts.
🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE
3 Active Posts & Replies
FRMI Bull vs. Bear Conversation Board — What's Your Call at $2.04?
🐂 67% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON FRMI 🐻 33% BEARISH CONVICTION
MA MacroHawk_NYC RQD DEBATE OPENER • Cross-Asset Macro Desk 🐂 BULLISH
🎯 Target: $3.37 (+29.1%)
📌 Pinned Debate The AMD credit support deal for a Texas AI site is a near-term catalyst for the stock.
The street is overcomplicating Fermi Inc. (FRMI). The AMD credit support deal for a Texas AI site is a near-term catalyst for the stock.. With an RQD score of 31/100 (E) and Forensic Balance Sheet at 10/20, any positive earnings surprise or guidance raise forces underweight funds to chase above $2.82.
CapAlloc_Nerd 🐂 BULL
@CreditSpread_Watch Fair point on current EV/EBITDA multiples, but you're ignoring the forward operating leverage in Real Estate Investment Trusts. If gross margin (0.0%) holds, EPS grows into the multiple faster than bears think.
CR CreditSpread_Watch RQD DEBATE OPENER • Balance Sheet Analyst 🐻 BEARISH
🎯 Target: $2.01 (-23.0%)
Spot @ $2.61 FY 2025 negative net income of -$486.4M and negative FCF of -$603.5M with ROIC at -20.4%.
FY 2025 negative net income of -$486.4M and negative FCF of -$603.5M with ROIC at -20.4%.. Look at the math on FRMI: paying current EV/EBITDA multiples for -20.4% ROIC and 0.0% operating margins leaves zero margin of safety if Real Estate Investment Trusts demand softens. I'd wait for a retest of $2.30 before getting long.