Fannie Mae-No Politics (FNMA)

[Patswil]

From --Grok4

Conclusion Fundamentally, FNMA should re-rate to a range of $130-$150 per share as a central estimate, based on a $500 billion combined valuation with a 60/40 split favoring Fannie Mae ($300 billion), a $30 billion raise, and a 30-35% discount for risks. This is a long-term target post-IPO, not an intraday prediction. Today's price of $10.00 suggests the market is pricing in only the initial speculation, with the full re- rating dependent on IPO confirmation and execution later in 2025.