Fermi (FRMI) Q2 2026 earnings — TrendMatrix coverage

Adjusted EPS

-$0.04

Estimate

-$0.06

Surprise

+33.6%

Score today

5.5/10

Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.

Fermi (FRMI) reported a narrower loss than forecast — adjusted EPS of -$0.04 against the -$0.06 estimate (a 33.6% beat on a still-unprofitable quarter).

• Macquarie Maintains Outperform on Fermi, Lowers Price Target to $15 — benzinga, 2026-08-14
• Chip Stocks Power S&P 500 to Record Highs, SanDisk Soars 15%: Stock Market Today — benzinga, 2026-08-13
• Fermi Reports Q2 2026 Results: Full Earnings Call Transcript — benzinga, 2026-08-13

TrendMatrix currently rates FRMI Sell at 5.5/10; no pre/post engine snapshot brackets this report.

0 of the last 4 quarters beat the estimate; this quarter's +33.6% surprise compares with a -1592.5% four-quarter average. Next scheduled report: 2026-11-12.

This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.

Current price

$2.90

Price target

$4.17

Stop

$2.69

Upside to target

+44.0%

Model outputs from TrendMatrix’s engine as of 2026-10-29 — shown for context, not personalized investment advice.

REIT quarters hinge on occupancy, rate exposure, and FFO rather than headline EPS, which mechanically distorts under depreciation.

Industry

REIT - Specialty

Market cap

$1.94B

P/E (fwd)

13.6

52-week range

$2.44–$30.02

Off 52-week high

90.4%

RSI (14)

41

Volume vs avg

0.10×

Score today

5.5/10