Reported GAAP EPS of -$0.30
Bullish
Fermi is executing its 2.0 strategic evolution, investing over $1.4B in infrastructure and advancing 11 GW of permitted capacity. Fermi also secured $785M in new financing and strengthened its governance.
Bearish
Fermi reported a $189M net loss driven by non-cash compensation and an extinguishment loss, alongside a reduction in cash on hand. Fermi also faces risks securing binding tenant agreements and regulatory approvals.