Shares of Fannie Mae rose more than 30% in trading on March 30, 2026, following remarks from prominent investor Bill Ackman. Ackman described Fannie Mae as “stupidly cheap” and suggested that shares could potentially rise 10-fold.
Prior to Ackman’s comments, both Fannie Mae and its counterpart, Freddie Mac, were down roughly 40% in 2026, raising concerns among investors about their performance. Ackman, who is the founder of Pershing Square Capital Management, made his comments on the social media platform X, highlighting what he believes to be a significant investment opportunity.
The Federal National Mortgage Association, commonly known as Fannie Mae, has faced challenges in the market, particularly following the financial crisis of 2008, during which it and Freddie Mac were treated unfairly by the US government. This historical context adds weight to Ackman’s assertion that the current stock prices do not reflect the companies’ true value.
In December 2025, investor Michael Burry disclosed a sizable stake in both Fannie Mae and Freddie Mac, further indicating a growing interest in these stocks among notable investors. Burry’s endorsement aligns with Ackman’s view, as he stated, “Agree with Bill Ackman/Pershing Square,” suggesting a consensus among some market observers regarding the potential of these stocks.
As the market reacts to these developments, investors are closely monitoring Fannie Mae’s performance and the broader implications for the housing finance sector. The surge in stock price may signal renewed confidence in the company, but analysts will be watching to see if this momentum can be sustained in the coming weeks.
Details remain unconfirmed regarding the long-term impact of these comments and the future trajectory of Fannie Mae’s stock. Investors are advised to stay informed as the situation evolves.
