Citi Just Downgraded Bill Ackman's Pershing Square Stock to Sell, Citing a $45 Price Target Versus Its $60 Peak. Is PS Stock Overvalued After Its April IPO Rally?

Pershing Square (PS) stock has fallen 25% from its October peak of $60 to $45 after Citi and Bank of America downgraded it to sell/underperform, citing overvaluation at 54x forward earnings. Both analysts lowered earnings projections due to tepid investment performance and modest expected returns, despite the stock's 87% surge since its April IPO.

10/17/2026, 7:05 PM • The Motley Fool

Bill Ackman Just Said 4 Words Blasting the Fed's Latest Rate Hike: "Just Made a Mistake." Here's Why He Thinks Higher Rates Could Backfire on AI-Driven Inflation.

Bill Ackman criticizes the Federal Reserve's September 2024 rate hike, arguing that higher interest rates may backfire in the AI era. He contends that tech companies racing for artificial general intelligence will continue massive spending on AI compute regardless of borrowing costs, making demand inelastic. This could cause higher interest rates to be reflected only in AI product prices, potentially increasing rather than decreasing inflation.

09/30/2026, 10:23 AM • The Motley Fool

Bill Ackman's $64 Billion Push To Take Over Universal Music Group Just Hit A Wall As Key Shareholder Says 'The Price Is Not There At All'

Bill Ackman's $64 billion unsolicited takeover bid for Universal Music Group faces significant opposition from key shareholder Cyrille Bolloré, CEO of Bolloré SE. Bolloré publicly criticized the proposal as undervalued and noted that Ackman is using the company's own cash rather than his own money. With the Bolloré family and Vivendi controlling over 31% of UMG combined, they have enough power to block the deal. Ackman acknowledged that without Bolloré's support, the transaction cannot proceed.

05/28/2026, 4:10 AM • Benzinga

Bill Ackman's 'Baby Buffett' Model Is 'Democratizing Hedge Fund Owneship,' Analyst Says

Bank of America initiated coverage of Pershing Square Inc. with a Neutral rating, comparing its business model to Berkshire Hathaway's 'Baby Buffett' approach. The hedge fund benefits from 96% permanent capital, strong brand recognition, and 16% net annualized returns since inception. However, BofA cited valuation concerns, concentrated portfolio risks, key man risk tied to Bill Ackman, and a persistent NAV discount as reasons for not assigning a Buy rating.

05/26/2026, 10:30 AM • Benzinga

NIO, Intuit, And Reddit Are Among Top 10 Large-Cap Losers Last Week (May 18-May 22): Are The Others In Your Portfolio?

Large-cap stocks in software, electric vehicles, data centers, and healthcare faced significant pressure last week due to weak guidance, regulatory concerns, rising bond yields, and competitive risks. Technology and China-linked companies led the declines, with ten major stocks experiencing notable losses ranging from 4.96% to 18.28%.

05/24/2026, 9:26 AM • Benzinga

This ’Celebrity’ Fund Launch Can Teach Us a Lot About What Not to Buy

Bill Ackman's newly launched closed-end fund (CEF) Pershing Square USA (PSUS) has underperformed since its IPO, dropping 17.7% and trading at a 12% discount. The article warns investors to avoid PSUS due to its lack of dividend payments, non-transparent holdings, and a 2% management fee that doesn't account for leverage costs. The fund's poor performance mirrors Ackman's London-listed hedge fund, which has consistently underperformed the S&P 500 over the past decade.

05/14/2026, 5:37 AM • Investing