# Fermi (FRMI) — Analyst Forecast

FRMI · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/frmi/forecast

## Recent analyst ratings

| Date | Firm | Action | Rating | Price target |
| --- | --- | --- | --- | --- |
| Oct 14, 2026 | Macquarie | Maintained | Outperform | $15.00 |
| Aug 14, 2026 | Macquarie | Maintained | Outperform | $15.00 |
| Aug 13, 2026 | Macquarie | Maintained | Outperform | $18.00 |
| Jul 28, 2026 | Mizuho | Maintained | Outperform | $11.00 |
| Jun 23, 2026 | Stifel | Maintained | Buy | $17.00 |
| May 15, 2026 | Evercore ISI Group | Downgraded | Outperform → In-Line | $11.00 |
| Apr 20, 2026 | Macquarie | Maintained | Outperform | $20.00 |
| Apr 1, 2026 | UBS | Maintained | Buy | $8.00 |
| Apr 1, 2026 | Macquarie | Maintained | Outperform | $20.00 |
| Feb 9, 2026 | Macquarie | Maintained | Outperform | $25.00 |
| Feb 9, 2026 | Citizens | Initiated Coverage | Market Outperform | $30.00 |
| Nov 12, 2025 | Macquarie | Maintained | Outperform | $35.00 |
| Oct 27, 2025 | Mizuho | Initiated Coverage | Outperform | $27.00 |
| Oct 27, 2025 | UBS | Initiated Coverage | Buy | $30.00 |
| Oct 27, 2025 | Cantor Fitzgerald | Initiated Coverage | Overweight | $27.00 |
| Oct 27, 2025 | Rothschild & Co | Initiated Coverage | Buy | $31.00 |
| Oct 27, 2025 | Stifel | Initiated Coverage | Buy | $29.00 |
| Oct 27, 2025 | Macquarie | Initiated Coverage | Outperform | $35.00 |
| Oct 27, 2025 | Berenberg | Initiated Coverage | Buy | $37.00 |

## Frequently Asked Questions

### What is the latest analyst rating on FRMI?

On Oct 14, 2026, Macquarie maintained Fermi at Outperform with a price target of $15.00.

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Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).