Fermi Inc. Common Stock (FRMI) Price Target Analysis
Updated Jun 18, 2026
Analyst Rating: Buy
Based on 3 analysts12.3% Above Target
FRMI trades 12.3% above Wall Street's consensus target of $8.33.
Current Price$9.50
Average Target$8.33
Target
Current
Low$6.00
Median$8.00
High$11.00
Analyst Target Range
Forward P/E162.4x
(High Premium)
PEG Ratio—
Implied Growth+105.5%
(High Growth)
Analyst Spread60.0%
(Wide Disagreement)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes FRMI achieves its forward estimates and maintains a stable P/E multiple of 162.4x. This scenario reflects the blended consensus of 3 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
FRMI Price Target Analysis
Updated June 20, 2026As of June 20, 2026, Fermi Inc. Common Stock (FRMI) has a Wall Street consensus price target of $8.33, based on estimates from 3 covering analysts. With the stock currently trading at $9.50, this represents a potential downside of -12.3%. The company has a market capitalization of $6.06B.
Analyst price targets range from a low of $6.00 to a high of $11.00, representing a 60% spread in expectations. The median target of $8.00 aligns closely with the consensus average. The wide target spread reflects significant disagreement on fair value.
The current analyst consensus rating is Buy, with 2 analysts rating the stock as a Buy or Strong Buy,1 rating it Hold, and 0 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, FRMI trades at a trailing P/E of -8.4x and forward P/E of 162.4x. Analysts expect EPS to grow +105.5% over the next year.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside
+42.1%
Industry Consensus
Avg Forward P/E
43.2x
(Growth Premium)
Peers with Coverage
10 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
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 RGTIRigetti Computing, Inc. | $7.1B | $21.36 | $30.50 | +42.8% | Buy | — | 7 |
 QUBTQuantum Computing, Inc. | $1.5B | $10.76 | $20.00 | +85.9% | Buy | — | 4 |
 QBTSD-Wave Quantum Inc. | $9.1B | $24.69 | $33.25 | +34.7% | Buy | — | 13 |
 ARQQArqit Quantum Inc. | $382M | $24.38 | $60.00 | +146.1% | Buy | — | 2 |
 IBMInternational Business Machines Corporation | $233.7B | $249.10 | $311.33 | +25.0% | Hold | 20.0x | 50 |
 GOOGLAlphabet Inc. | $4.5T | $368.03 | $411.80 | +11.9% | Buy | 25.9x | 83 |
 MSFTMicrosoft Corporation | $2.8T | $379.40 | $551.96 | +45.5% | Buy | 22.6x | 82 |
 NVDANVIDIA Corporation | $5.1T | $210.69 | $316.79 | +50.4% | Buy | 23.6x | 79 |
 INTCIntel Corporation | $672.8B | $133.99 | $89.08 | -33.5% | Hold | 123.6x | 84 |
FRMI — Frequently Asked Questions
Quick answers to the most common questions about buying FRMI stock.
What is the FRMI stock price target for 2026?
FRMI's consensus price target is $8.33, -12.3% below the current price of $9.5. The 3 analysts tracking FRMI see downside risk at present valuations.
Is FRMI a buy, sell, or hold?
FRMI has a consensus rating of "Buy" based on 3 Wall Street analysts. The rating breakdown is predominantly bullish, with 2 Buy/Strong Buy ratings. The consensus 12-month price target of $8.33 implies -12.3% downside from current levels.
Is FRMI stock overvalued or undervalued?
At a forward P/E of 162.3932x, FRMI trades at a premium valuation. The consensus price target of $8.33 (-12.3% downside) suggests analysts may view current valuations as stretched.
How high can FRMI stock go?
The most bullish Wall Street analyst has a price target of $11 for FRMI, while the most conservative target is $6. The consensus of $8.33 represents the median expectation. These targets typically reflect 12-month expectations.
How many analysts cover FRMI stock?
FRMI is lightly followed, with 3 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 2 have Buy ratings, 1 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the FRMI stock forecast?
The 12-month FRMI stock forecast based on 3 Wall Street analysts shows a consensus price target of $8.33, with estimates ranging from $6 (bear case) to $11 (bull case). The median consensus rating is "Buy".
What is FRMI's forward P/E ratio?
FRMI trades at a forward P/E ratio of 162.4x based on next-twelve-months earnings estimates. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy FRMI stock?
Analysts are cautious on FRMI, with 0 Sell ratings and a price target of $8.33 (-12.3% from current price). The "Buy" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do FRMI price targets vary so much?
FRMI analyst price targets range from $6 to $11, a 60% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $8.33 consensus represents the middle ground.
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