<div id="readability-page-1"><p>Shares of Fermi Inc. (NASDAQ:FRMI - Get Free Report) reached a new 52-week low on Friday . The company traded as low as $8.30 and last traded at $9.25, with a volume of 27590996 shares changing hands. The stock had previously closed at $15.25.</p><h2>Analyst Upgrades and Downgrades</h2><p>Several equities research analysts recently issued reports on FRMI shares. Rothschild Redb upgraded Fermi to a &#34;strong-buy&#34; rating in a report on Monday, October 27th. Evercore ISI  set a $37.00 price objective on shares of Fermi and gave the stock an &#34;outperform&#34; rating in a report on Monday, October 27th. Redburn Partners  set a $31.00 target price on shares of Fermi in a research note on Monday, October 27th. Mizuho assumed coverage on shares of Fermi in a research report on Monday, October 27th. They set an &#34;outperform&#34; rating and a $27.00 price target on the stock. Finally, Cantor Fitzgerald  restated an &#34;overweight&#34; rating on shares of Fermi in a report on Wednesday, November 12th. Two research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and one  has issued  a Hold rating to the stock. According to MarketBeat.com, the stock  has an average rating of &#34;Buy&#34; and a consensus price target of $31.56.</p><p><b>Check Out Our Latest Stock Report on Fermi</b></p><h2>Fermi Stock Down 31.8%</h2><p>The stock's fifty day simple moving average is $21.85. </p><p>Fermi (NASDAQ:FRMI - Get Free Report) last issued its earnings results on Monday, November 10th. The company reported ($0.84) EPS for the quarter. </p><h2>Fermi Company Profile</h2> (Get Free Report)<p>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.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Fermi</li><li>Want to Profit on the Downtrend? Downtrends, Explained.</li><li>Qualcomm Just Got Called an AI Loser—So Why Is It Rallying?</li><li>How Can Retail Investors Trade the Toronto Stock Exchange (TSX)?</li><li>2 Small-Cap Biotechs That Could Reward Patient Investors</li><li>3 Grocery Stocks That Are Proving They Are Still Essential </li><li>Santa Claus May Be Coming Early for Palantir Investors</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Fermi Right Now?</h2><p>Before you consider Fermi, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Fermi wasn't on the list.</p><p>While Fermi currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

FRMI

<p>Fermi Inc. (NASDAQ:FRMI) shares hit a new 52-week low, trading as low as $8.30. Analysts have mixed ratings, with some upgrading to 'strong-buy' and others setting price targets between $27 and $37. Despite a recent 31.8% drop, the stock has an average 'Buy' rating and a consensus price target of $31.56. Fermi aims to power AI needs with low-carbon energy solutions.</p>

Fermi (NASDAQ:FRMI) Sets New 1-Year Low - What's Next?