$FRMI

U.S. real estate stocks declined as investors increased expectations for a September Fed rate hike to 55%, up from 35.4%. The S&P 500 Real Estate sector fell 1.28%, while XLRE dropped 1.33% to $44.48. Host Hotels & Resorts (HST) and Iron Mountain (IRM) led large-cap decliners, while SBA Communications (SBAC) gained 4.58%. Fermi (FRMI) and Real REMAX Group (REAX) were among the notable mid and small-cap losers.

Fermi Inc. (FRMI) stock surged 14% to a 3-month high. Ousted cofounder Toby Neugebauer urged shareholders to support his leadership overhaul, citing market interest in Fermi's assets. The company filed an SEC statement to block his efforts, alleging misconduct. Retail sentiment turned 'extremely bullish'.

Fermi Inc. (FRMI) announced a binding agreement with TensorWave for up to 650 MW of power, with Phase 1 valued at $6.5B. The company also secured hardware and financing, including a $382M convertible note offering. However, revenue depends on future expansions and financing, with delivery targets set for 2027-2029.

Fermi Inc. (FRMI) reported Q2 2026 earnings, highlighting $6.5B in anchor customer revenue, a $431M convertible notes offering, and a 2.6GW power alliance. The company reported a net loss of $25.8M and $91.7M in cash. Key projects include the 4.8GW Project Matador campus, with power delivery targets set for 2027. Management emphasized strategic milestones and risk mitigation.

The article argues Fermi (FRMI) is being misread after its 10 Aug 2026 Project Matador deal with TensorWave. It cites a 15-year, about $6.5bn binding lease for 222 MW phase 1, plus expansion rights, and notes FRMI closed at $6.40 and has an $17.50 consensus analyst target. It compares the setup to SanDisk’s contract-driven re-rating.

Fermi (FRMI) signed a 15-year contracted revenue deal with TensorWave tied to Project Matador, described as $6.5 billion total contracted revenue rather than near-term cash. The company reported a Q1 2026 net loss of $188.7M (-$0.30/share) with $0 revenue. Analysts expect another loss around Aug. 13. Mizuho reiterated Outperform and set an $11 target; Wall Street consensus Strong Buy with average $18.90.

Fermi Inc. (FRMI) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On August 11, 2026, the Board of Directors (the “Board”) of Fermi Inc. (the “Company”) appointed Lee McIntire as Chief Exe

Fermi (FRMI) fell about 10% after reporting Q2 results. The company, described as pre-revenue, again reported zero revenue, with no sales line in its income statement. It cited progress including a 15-year anchor customer, infrastructure deliveries, and about $417 million in debt-based financing. Analysts expected $72M to $148M in revenue. Management targets 200 MW online in six months.

Investing.com reports Fermi America (FRMI) shares fell 8.6% after Q2 2026 results showed a net loss of $25.8M, or $0.04/share, with $0 revenue and $26.8M in general and administrative expenses. The move followed a surge after a 15-year TensorWave lease tied to Project Matador projected $6.5B revenue. A new CEO took over Aug. 11.

Fermi Energy shares fell about 6% on Aug. 13 after its Q2 2026 results were filed on EDGAR. Traders had cited $7.74 as resistance, and the post-filing drop pushed the stock below it. The article highlights $7.14 as the next key level to watch for near-term support.