Fermi Inc. (FRMI) Stock Forecast
FRMI analyst forecast
as of October 18, 2026- Analyst consensus
- Buy 4.38 / 5 from 8 analysts
- Price target
- $16.62 average of analyst targets
- Upside to target
- +426.1% from the latest close
- Next earnings
- November 12, 2026 EPS estimate $-0.07
- 52-week range
- $3.16 – $29.86
FRMI analyst ratings
8 analystsNumber of analysts at each rating.
FRMI price target
The average of analyst 12-month price targets compared with the latest close and the 52-week range.
FRMI earnings per share estimates
| Period | Average | Low | High | Year ago | Growth | Analysts |
|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | −$0.07 | −$0.13 | −$0.04 | −$0.84 | +91.7% | 3 |
| Current fiscal year (2026) | −$0.28 | −$0.60 | −$0.06 | −$1.13 | +75.1% | 4 |
| Next fiscal year (2027) | $0.22 | −$0.03 | $0.52 | −$0.28 | +179.0% | 4 |
Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.
FRMI revenue estimates
| Period | Average | Low | High | Growth | Analysts |
|---|---|---|---|---|---|
| Current quarter (Sep '26) | $6.0M | $0 | $12.0M | 0.0% | 2 |
| Current fiscal year (2026) | $42.8M | $37.9M | $47.7M | 0.0% | 2 |
| Next fiscal year (2027) | $717.8M | $212.5M | $1.12B | +1,576.9% | 5 |
FRMI EPS: reported and forecast
Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.
FRMI revenue: reported and forecast
FRMI EPS estimate revisions
| Period | 90 days ago | 60 days ago | 30 days ago | 7 days ago | Now | Change (90 d) | Revisions (30 d) |
|---|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | −$0.07 | −$0.07 | −$0.07 | −$0.07 | −$0.07 | +3.9% | 0 up · 1 down |
| Current fiscal year (2026) | −$0.34 | −$0.36 | −$0.36 | −$0.28 | −$0.28 | −16.9% | 1 up · 0 down |
| Next fiscal year (2027) | $0.33 | $0.12 | $0.12 | $0.13 | $0.22 | −33.4% | 1 up · 0 down |
How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.
FRMI earnings surprises
Reported EPS vs the consensus estimate for the last 5 quarters; FRMI beat in 2 of 5.
What analysts expect from FRMI
8 analysts cover Fermi; their consensus rating is buy (4.38 on a 1–5 scale, where 5 is a strong buy). The average price target is $16.62, 426.1% above the latest close of $3.16. Analysts expect earnings of −$0.28 per share for 2026, +75.1% from a year earlier. For 2027 the average estimate is $0.22 per share on revenue of $717.8 million. Fermi beat the EPS estimate in 2 of the last 5 quarters.
Related: FRMI income statement, FRMI chart. See the FRMI stock overview for the latest quote and news.
FRMI forecast FAQ
What is Fermi's price target?
The average analyst price target for Fermi is $16.62, 426.1% above the latest close of $3.16.
Is Fermi a buy, hold or sell?
Of 8 analysts covering Fermi, 5 rate it a strong buy, 1 a buy, 2 a hold, 0 a sell and 0 a strong sell, a consensus of buy. Ratings are opinions, not a recommendation from Quotelinks.
What is Fermi's EPS forecast?
Analysts forecast −$0.28 per share for 2026 (range −$0.60 to −$0.06); for 2027 the estimate is $0.22.
What is Fermi's revenue forecast?
The average revenue estimate for 2026 is $42.8 million, growth of 0.0%; for 2027 it is $717.8 million.
When does Fermi report earnings?
Fermi is expected to report results for the quarter ending September 30, 2026 on November 12, 2026 before the market opens; the EPS estimate is $-0.07.
Does Fermi usually beat earnings estimates?
Fermi reported EPS at or above the analyst estimate in 2 of the last 5 quarters.