Equity · Utilities
Fermi Inc. Common Stock (FRMI) perpetual futures
FRMI perpetual futures on 1 crypto exchange – live perp price vs the stock, funding rate, open interest and where to trade FRMIUSDT.
Fermi Inc. plans to build an integrated campus combining energy production with data center facilities to support AI infrastructure.
Price chart
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Trading data
Perpetual market activity
1/2 live markets
Trading data
Perpetual market activity
Spot performance
Venue matrix
2 markets
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MEXC
BingXTradability
Execution quality
Entry cost and depth per venue at $1k–$100k
Tradability
Execution quality
Entry cost and depth per venue at $1k–$100kNo sufficient depth · 0 of 1 venues absorb $10k
No fresh book data: MEXC
Taker execution estimate incl. approx. fees - maker fills are not guaranteed.
Best venues for this underlying
Best liquidity
FRMITightest spread
FRMIHighest volume
FRMIFunding history
Stored venue snapshots by market
Funding history
Stored venue snapshots by marketNext catalyst
Catalysts
Next catalyst
Catalysts
- Earnings today · Before market open
Research data
Analysts, filings and peer context
Research data
Analysts, filings and peer context
Estimates
6Company events
6Peer comparison
Similar listed perpsAnalysts
Price targets in USD| Consensus rating | Buy |
|---|---|
| Average price target | $13 |
| Target range (low – high) | $11 – $17 |
| Ratings counted | 6 |
Analyst rating history
Ratings| Month | Strong buy | Buy | Hold | Sell | Strong sell |
|---|---|---|---|---|---|
| Nov 2026 | 1 | 5 | 2 | 0 | 0 |
| Oct 2026 | 1 | 5 | 2 | 0 | 0 |
| Sep 2026 | 1 | 5 | 2 | 0 | 0 |
| Aug 2026 | 1 | 5 | 2 | 0 | 0 |
| Jul 2026 | 1 | 5 | 2 | 0 | 0 |
| Jun 2026 | 1 | 5 | 2 | 0 | 0 |
| May 2026 | 1 | 8 | 2 | 0 | 0 |
| Apr 2026 | 1 | 8 | 0 | 0 | 0 |
| Mar 2026 | 1 | 8 | 0 | 0 | 0 |
| Feb 2026 | 1 | 8 | 0 | 0 | 0 |
| Jan 2026 | 0 | 8 | 0 | 0 | 0 |
| Dec 2025 | 0 | 8 | 0 | 0 | 0 |
Ownership
Institutional · 2026-Q3Reference market activity
FRMI-PERPPrice performance
11Insider activity
FY2026 Q4Insider transactions
25Toby R. Neugebauer, a 10% owner of Fermi Inc., sold 7,657,800 common shares in 4 open-market sales on Nov 3-5, 2026 at $1.5206-$2.0391 per share.
Fermi Inc. 10% owner Neugebauer Toby R sold 420,749 common shares at $3.0356 per share on 2026-10-20, leaving 91.19M shares owned.
Fermi Inc. 10% owner Toby R. Neugebauer sold 4,047,200 common shares in two open-market sales on Oct 13-14, 2026, at $3.15-$3.73 per share.
Anna Bofa, an officer of Fermi Inc., filed a Form 3 with no reportable transactions, acquiring 0 shares.
COO Ortiz Blanes Jacobo received a grant of 147,059 common shares of Fermi Inc. (award, not a purchase), increasing his holdings to 5,616,151 shares.
CEO Lee A. McIntire was awarded 468,750 shares of Fermi Inc. common stock on 2026-08-14, increasing holdings to 784,913 shares.
Director Perry James Richard sold 863,637 common shares of FRMI at $7.31 each on June 30, 2026, leaving 15,827,807 shares owned.
Officer Uzman Mesut sold 158,541 shares of FRMI common stock at $6.31 per share on June 3, 2026, in two transactions.
Director Haas Marius received 175,094 shares of common stock as a compensation award on June 1, 2026, owning 1,075,094 shares after the transaction.
Director Stein Jeffrey Scott received an award of 250,000 common shares of FRMI on June 1, 2026, at no cost.
Director Robbin-Coker Cordel received a grant of 175,094 common shares of FRMI on June 1, 2026, now holding 175,094 shares.
Director McIntire Lee A received a grant of 175,094 shares of Common Stock (Form 4, filed 2026-06-03).
Director and officer Lawrence M. Kellerman received a grant of 35,818 common shares of Fermi Inc. at no cost.
Director Everson Miles E. received a grant of 35,818 shares of Fermi Inc. common stock.
Director Perry James Richard was awarded 175,094 shares of Fermi Inc. common stock at no cost.
Stein Jeffrey Scott filed a Form 3 with no reportable transactions.
Officer Hamilton Lynn sold 774,090 shares of Fermi Inc. common stock in two open-market transactions on April 8-9, 2026, at prices between $4.58 and $4.91.
COO Ortiz Blanes Jacobo sold 830,908 shares of Fermi Inc. common stock in 2 open-market transactions (Apr 8-9, 2026) at prices from $4.58 to $4.91, reducing his holdings to 5,469,092 shares.
Filings
46 · Latest SEC filingsToby R. Neugebauer, a 10% owner of Fermi Inc., sold 7,657,800 common shares in 4 open-market sales on Nov 3-5, 2026 at $1.5206-$2.0391 per share.
Fermi Inc. 10% owner Neugebauer Toby R sold 420,749 common shares at $3.0356 per share on 2026-10-20, leaving 91.19M shares owned.
Fermi Inc. 10% owner Toby R. Neugebauer sold 4,047,200 common shares in two open-market sales on Oct 13-14, 2026, at $3.15-$3.73 per share.
Anna Bofa, an officer of Fermi Inc., filed a Form 3 with no reportable transactions, acquiring 0 shares.
COO Ortiz Blanes Jacobo received a grant of 147,059 common shares of Fermi Inc. (award, not a purchase), increasing his holdings to 5,616,151 shares.
CEO Lee A. McIntire was awarded 468,750 shares of Fermi Inc. common stock on 2026-08-14, increasing holdings to 784,913 shares.
Director Perry James Richard sold 863,637 common shares of FRMI at $7.31 each on June 30, 2026, leaving 15,827,807 shares owned.
Transcripts
PendingCompany news
Reuters, WSJ, Bloomberg and FT first, as far as our news provider delivers them; other publishers behind the second filter. Headlines link to the publisher.Company data
Company intelligence
Updated: Sep 18, 2026, 07:19 AM UTC
Company data
Company intelligence
Company profile
- Sector
- Real Estate
- Industry
- REIT - Specialty
- Chief executive
- Lee McIntire
- Employees
- 35
- IPO date
- Oct 1, 2025
- Country
- US
- Exchange
- NASDAQ Global Select
Rating factors
- Return on equityi
- 1
- Return on assetsi
- 1
- Debt to equityi
- 1
- Price to earningsi
- 1
- Price to booki
- 1
Company press releases
Market cap history
Largest fund holders
| Fund | Weight | Shares held |
|---|---|---|
| XMUS.L | 0.17% | 3.2M |
| XMUD.L | 0.17% | 3.2M |
| VTI | 0% | 3M |
| VB | 0.01% | 2.2M |
| FSMDX | 0.01% | 934.2K |
| IWR | 0.01% | 835.2K |
| VBR | 0.01% | 698.6K |
| SRVR | 0.96% | 667.7K |
| SZNE | 1.08% | 667.7K |
| VBK | 0.01% | 627.8K |
| FNCMX | 0.01% | 461.9K |
| IWD | 0% | 455.6K |
Analyst track record
How the analysts covering FRMI have done: ratings, price-target accuracy and the measured reaction after their calls.
| 12 months | 3 years | |
|---|---|---|
| Ratings | 32 | 40 |
| Analysts | 10 | 13 |
| Buy / hold / sell | 24 / 8 / 0 | 32 / 8 / 0 |
| Upgrades / downgrades / initiations | 0 / 2 / 3 | 0 / 2 / 11 |
| Price targets hit / missed | 0 / 30 (0%) | 0 / 38 (0%) |
| Avg. return after a rating (TipRanks) | -87.2% | -88.9% |
| Best / worst call | -74.5% / -95.9% | -74.5% / -95.9% |
After buy calls on this stock: median 21-day move -10.7% vs S&P 500 -14.1% (n = 31)
Latest ratings
| Date | Analyst | Call | Target | |
|---|---|---|---|---|
| Oct 16, 2026 | Brett KnoblauchCantor FitzgeraldOct 16, 2026 | BuyMaintained | $8.00↗ | article ↗ |
| Oct 13, 2026 | Ryan GravettUBSOct 13, 2026 | HoldMaintained | $6.00↗ | article ↗ |
| Oct 13, 2026 | Nicholas AmicucciEvercore ISIOct 13, 2026 | HoldMaintained | $11.00↗ | article ↗ |
| Aug 14, 2026 | John HodulikUBSAug 14, 2026 | HoldReiterated | $6.00↗ | article ↗ |
| Aug 12, 2026 | Nicholas AmicucciEvercore ISIAug 12, 2026 | HoldMaintained | $11.00↗ | article ↗ |
Share of analysts per call each month (latest call per analyst within 180 days). Targets and closes in USD.
TipRanks data · computed Nov 6, 2026 · 32 ratings
Frequently asked questions
Where can I trade FRMI perpetual futures?
Fermi Inc. Common Stock (FRMI) perpetual futures trade on one crypto venue: MEXC. PerpEquities shows its live price, funding rate, open interest and liquidity.
Can I trade FRMI around the clock?
Yes. Unlike the underlying stock, FRMI perpetuals trade 24/7 — including weekends and outside regular market hours.
What is the funding rate on FRMI perpetuals?
Right now the FRMI perp funding rate is -21.9% annualized (one venue). A positive rate means longs pay shorts. PerpEquities shows the live rate and its history.
How does the FRMI perp price compare to the Fermi Inc. Common Stock stock?
The venue-median FRMI perp mark is $1.85 versus a reference stock price of $1.85, a basis of 0.0%. Perps follow the stock through an index price; the gap widens when funding or liquidity diverge between venues.
What is a FRMI perpetual future?
A FRMI perpetual is a derivative that tracks the price of Fermi Inc. Common Stock with no expiry date. It lets you take long or short exposure to Fermi Inc. Common Stock on crypto venues, around the clock.
What is FRMIUSDT perpetual?
FRMIUSDT is the symbol most crypto exchanges use for the Fermi Inc. Common Stock perpetual settled in USDT (Tether). It tracks the FRMI share price through an index, trades 24/7 with leverage and never expires.
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