Fermi Inc. stock may move 19% on earnings report next week

Fermi Inc. shares could swing by 19% when the company releases its quarterly earnings on November 12 before the market opens, according to options data compiled by Bloomberg.

The company has exceeded the options-implied price movement in three of its last four earnings announcements. On May 14, the stock jumped 32.6% while options suggested a 10.1% move. On March 30, shares fell 25.6% against an implied move of 16.2%. On November 11, 2025, the stock dropped 21.6% compared to the 16.2% movement priced into options.

The only time Fermi’s stock moved less than the options market predicted was on August 13, when shares rose 6.6% against an implied move of 10.7%.