Fintel reports that on February 9, 2026, Citizens initiated coverage of Fermi (NasdaqGS:FRMI) with a Market Outperform recommendation.
Analyst Price Forecast Suggests 243.66% Upside
As of February 4, 2026, the average one-year price target for Fermi is $29.83/share. The forecasts range from a low of $20.20 to a high of $41.16. The average price target represents an increase of 243.66% from its latest reported closing price of $8.68 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual non-GAAP EPS is 0.45.
What is the Fund Sentiment?
There are 47 funds or institutions reporting positions in Fermi. This is an increase of 43 owner(s) or 1,075.00% in the last quarter. 
The put/call ratio of FRMI is 0.57, indicating a bullish outlook.
What are Other Shareholders Doing?
Jefferies Financial Group holds 3,321K shares representing 0.53% ownership of the company.
UBS Group holds 2,650K shares representing 0.42% ownership of the company.
Empire Life Investments holds 701K shares representing 0.11% ownership of the company.
Geode Capital Management holds 686K shares representing 0.11% ownership of the company.
Axxcess Wealth Management holds 76K shares representing 0.01% ownership of the company.
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This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
