Analysts’ Weekly Ratings Changes for Fermi (FRMI)

Several analysts have recently updated their ratings and price targets for Fermi (NASDAQ: FRMI):

• 10/28/2025 – Fermi was upgraded by analysts at Zacks Research to a “hold” rating.
• 10/27/2025 – Fermi was given a new $37.00 price target on by analysts at Evercore ISI. They now have an “outperform” rating on the stock.
• 10/27/2025 – Fermi is now covered by analysts at UBS Group AG. They set a “buy” rating and a $30.00 price target on the stock.
• 10/27/2025 – Fermi is now covered by analysts at Stifel Nicolaus. They set a “buy” rating and a $29.00 price target on the stock.
• 10/27/2025 – Fermi was given a new $31.00 price target on by analysts at Redburn Partners.
• 10/27/2025 – Fermi was upgraded by analysts at Evercore ISI to a “strong-buy” rating.
• 10/27/2025 – Fermi is now covered by analysts at UBS Group AG. They set a “buy” rating and a $30.00 price target on the stock.
• 10/27/2025 – Fermi was upgraded by analysts at Rothschild Redb to a “strong-buy” rating.
• 10/27/2025 – Fermi is now covered by analysts at Macquarie. They set an “outperform” rating and a $35.00 price target on the stock.
• 10/27/2025 – Fermi is now covered by analysts at Rothschild & Co Redburn. They set a “buy” rating and a $31.00 price target on the stock.
• 10/27/2025 – Fermi is now covered by analysts at Mizuho. They set an “outperform” rating and a $27.00 price target on the stock.
• 10/27/2025 – Fermi is now covered by analysts at Berenberg Bank. They set a “buy” rating and a $37.00 price target on the stock.
• 10/27/2025 – Fermi is now covered by analysts at Cantor Fitzgerald. They set an “overweight” rating and a $27.00 price target on the stock.

Fermi’s mission is to power the artificial intelligence (“AI”) needs of tomorrow. We are an advanced energy and hyperscaler development company purpose-built for the AI era. Our mission is to deliver up to 11 gigawatts (“GW”) of low-carbon, HyperRedundant™, and on-demand power directly to the world’s most compute-intensive businesses with 1.1 GW of power projected to be online by the end of 2026.