Buying the Roadmap: A Mid-Term Long on Fannie Mae Ahead of IPO Milestones
Fannie Mae is trading at $6.27 with a $7.26B market cap after reporting $3.7B in Q1 2026 net income. With ongoing portfolio cleanup, credit-scoring modernization, and public commentary around an IPO roadmap, we propose a mid-term (45 trading days) long trade that captures upside as markets price in progress toward privatization.