Sections
1. Investment Snapshot
2. Price Chart
3. Valuation & Price Target
4. Business & Product Moat
5. Market & Macro
Discussion
Investment Snapshot
Price Chart
Valuation & Price Target
Business & Product Moat
Market & Macro
Discussion
Fermi Inc.
Investment Snapshot
Symbol
FRMI
IPO Date (Actual)
2025-10-01
Offer Range
$21.00
Shares Offered
32.5M
Total Shares Post-IPO
625.3M
Market Cap
—
Target Price
$00.00Implied Upside vs Midpoint
$00.00Use of Proceeds
—
Price Chart
Historic Price Chart - FRMI
Valuation & Price Target
████████████████████
Business & Product Moat
████████████████████
Competitor Set
████████████████████Market & Macro
Sector context: Real Estate Investment Trusts
Same-industry IPOs from the last 365 days (as of 2026-06-04). Returns from IPO open price.
Median IPO open → current
-86.0%
win 0% · n=1Median first month
+5.3%
win 100% · n=1| Company | IPO Date | Open → Current | First Month |
|---|---|---|---|
LHAI Linkhome Holdings Inc. | 2025-07-24 | -86.0% | +5.3% |