Shares of Fannie Mae soared more than 30% in trading on March 30, 2026, following a bold endorsement from investor Bill Ackman. Ackman described the stock as “stupidly cheap” and suggested that its value could rise tenfold, igniting investor interest.
Prior to Ackman’s comments, both Fannie Mae and its counterpart, Freddie Mac, had experienced a troubling year, with shares down roughly 40%. This sharp decline raised concerns among investors, but Ackman’s remarks have shifted the narrative.
Bill Ackman, founder of Pershing Square Capital Management, made his comments on the social media platform X, emphasizing that now is “one of the best times to buy quality.” His analysis has resonated with other investors, including Michael Burry, who disclosed a sizable stake in both Fannie Mae and Freddie Mac in December 2025.
Fannie Mae, officially known as the Federal National Mortgage Association, has faced scrutiny and challenges since the financial crisis of 2008, when it was treated unfairly by the US government. This historical context adds weight to the current surge in stock price.
Investors are now closely watching the market for further developments. With the backing of prominent figures like Ackman and Burry, Fannie Mae’s stock could see continued volatility as more investors weigh in on its potential.
Details remain unconfirmed regarding the long-term implications of this stock surge, but the immediate reaction from the market suggests a renewed optimism surrounding Fannie Mae’s future.
