Fannie Mae (FNMA) Upgraded to Buy: Here's Why

Fannie Mae (FNMA) has been upgraded to a Zacks Rank #2 (Buy) rating, primarily driven by upward revisions in earnings estimates. The Zacks Consensus Estimate for fiscal year 2026 shows the company is expected to earn $2.67 per share, with analysts raising estimates by 2.9% over the past three months. This upgrade positions FNMA in the top 20% of Zacks-covered stocks, suggesting potential near-term stock price appreciation.