Yes, for a small number of people. Christian’s until the 18th century universally accepted it as true. The weighty argument from silence that Matthew is the only one to mention it did not bother them, apparently, nor did then waiting in the tomb a few days of this is how they understood it.
The Gospel coalition offers an interpretation that solves all the problems adequately enough (silence and waiting in the tomb) .
Given that their bodies were still in the tombs, these saints were likely not patriarchs from centuries past, but more recent followers of Jesus.
As for the waiting in the tombs, the article says this:
A better scenario emerges when we notice how Matthew interlocks this scene with the next chapter: namely, earthquakes coinciding with the tomb-opening of both the saints and Jesus (Matt. 27:51; 28:2), and the subtle foreshadowing of Jesus’s resurrection in 27:53, which Matthew doesn’t actually narrate until 28:5–6. He times the saints’ resurrection appearances after Jesus’s own but narrates theirs out of order to deal with these saints in one fell swoop, and thereby maintain focus on Jesus in the next chapter.
The sequence, then, is as follows:
Jesus dies → saints’ tombs open → Jesus’s tomb opens → Jesus is raised → saints are raised → eyewitness appearances of both.
This preserves Jesus’s place as the true “firstfruits” of resurrection (1 Cor. 15:23), rather than certain other saints preceding him.
I think if this account is describing all the patriarchs coming out of the tombs or a very large number of people, then an argument from silence (which is generally weak) would be strong enough here to discount its historicity.
If Jesus can rise from the dead, raise the dead, walk on water, control the weather, expel demons, multiply loaves and so on, a few dead people rising from the tombs is not a stretch.