Berkshire Hathaway Inc.
Session of Nov 10, 2026 · updated · Source: Yahoo Finance
- Open
- $575.59
- Day range
- 574.00 – $586.45
- 52-week range
- 464.01 – $586.45
- Volume
- 4,628,045
- Market cap
- $1,239,317M
- P/E (TTM)
- 16.3x
- EPS (TTM)
- $35.73
- EPS est. 2026
- $23.15
- P/E est. 2026
- 25.2x
- Dividend yield
- n/a
- Beta
- 0.57
- Payout
- 0%
Analyst summary
Generated with AI · Nov 11, 2026, 17:30Berkshire Hathaway combines insurance with railroad, utility and manufacturing businesses, giving it a broad earnings base. Its market capitalisation is $1,239,317M, and its trailing P/E is 16.3x. Q3 2026 revenue was $117,593M and net income $22,112M, although quarterly revenue and profits have fluctuated across the periods shown. Analysts’ consensus is Hold, with a median price target below the latest share price, while annual EPS estimates point to further moderation in 2027.
- 1Q3 2026 revenue was $117,593M and net income was $22,112M.
- 2The trailing P/E is 16.3x; the 2027 estimated P/E is 26.0x.
- 3Analyst consensus is Hold, with a $529.00 median target and −9.3% implied potential.
Berkshire Hathaway financials
Q3 2026 results, quarter ended Sep 30, 2026
| Metric | Q3 2026 | 1-year change |
|---|---|---|
| Total revenue | $117,593M | n/a |
| Net income | $22,112M | n/a |
| Earnings per share | $10.33 | n/a |
| Net margin | 18.8% | n/a |
| Free cash flow | $6,755M | n/a |
| Debt / equity | 0.17 | n/a |
Revenue and net income ($M)
| Quarter | Total revenue | Net income |
|---|---|---|
| Q2 2025 | $98,879M | $12,370M |
| Q4 2025 | $111,442M | $19,199M |
| Q1 2026 | $92,070M | $10,106M |
| Q2 2026 | $117,885M | $25,667M |
| Q3 2026 | $117,593M | $22,112M |
Berkshire Hathaway earnings per share (EPS)
Consensus estimates
| Period | EPS est. | 1-year change |
|---|---|---|
| Current quarterQ4 2026 · Analysts: 1 | $5.9085.91 – 5.91 | +24.9%$4.728 |
| Next quarterQ1 2027 · Analysts: 1 | $5.2705.27 – 5.27 | +0.2%$5.260 |
| Current year2026 · Analysts: 1 | $23.14723.15 – 23.15 | +12.3%$20.621 |
| Next year2027 · Analysts: 3 | $22.47021.32 – 23.22 | −2.9%$23.147 |
Forward P/E: 25.2x (2026) and 26.0x (2027) at the current price.
Actual and estimated EPS ($)
| Quarter | Actual EPS | Estimated EPS |
|---|---|---|
| Q2 2025 | $5.734 | — |
| Q4 2025 | $4.728 | $5.167 |
| Q1 2026 | $5.260 | $5.049 |
| Q2 2026 | $6.026 | $5.133 |
| Q3 2026 | $5.938 | $6.135 |
| Q4 2026 | — | $5.908 |
| Q1 2027 | — | $5.270 |
| Year | Actual EPS | Estimated EPS |
|---|---|---|
| 2022 | −$10.329 | — |
| 2023 | $44.275 | — |
| 2024 | $41.267 | — |
| 2025 | $31.042 | — |
| 2026 | — | $23.147 |
| 2027 | — | $22.470 |
EPS trend
| Quarter | EPS | YoY change |
|---|---|---|
| Q1 2027Estimated | $5.270 | +0.2% |
| Q4 2026Estimated | $5.908 | +24.9% |
| Q3 2026 | $5.938est. $6.135 · surprise −3.2% | n/a |
| Q2 2026 | $6.026est. $5.133 · surprise +17.4% | +5.1% |
| Q1 2026 | $5.260est. $5.049 · surprise +4.2% | n/a |
| Q4 2025 | $4.728est. $5.167 · surprise −8.5% | n/a |
| Q2 2025 | $5.734 | n/a |
| Year | EPS | Annual change |
|---|---|---|
| 2027Estimated | $22.470 | −2.9% |
| 2026Estimated | $23.147 | −25.4% |
| 2025 | $31.042 | −24.8% |
| 2024 | $41.267 | −6.8% |
| 2023 | $44.275 | n/s |
| 2022 | −$10.329 | n/a |
Normalised EPS according to the analyst consensus collected by Yahoo Finance; it may differ from the reported EPS in the results table.
Berkshire Hathaway dividend
Berkshire Hathaway has not paid dividends in recent years.
Berkshire Hathaway forecasts
4 analyst ratings
Consensus: Hold · 2 buy, 1 hold, 1 sell
1-year price forecast
| Target | Price | Upside |
|---|---|---|
| High | $628.00 | +7.7% |
| Median | $529.00 | −9.3% |
| Low | $510.00 | −12.6% |
| Date | Close |
|---|---|
| Nov 28, 2025 | $513.81 |
| Dec 31, 2025 | $502.65 |
| Jan 30, 2026 | $480.53 |
| Feb 27, 2026 | $504.95 |
| Mar 31, 2026 | $479.20 |
| Apr 30, 2026 | $473.60 |
| May 29, 2026 | $474.48 |
| Jun 30, 2026 | $500.39 |
| Jul 31, 2026 | $511.54 |
| Aug 31, 2026 | $504.03 |
| Sep 30, 2026 | $497.95 |
| Oct 30, 2026 | $542.49 |
| Nov 10, 2026 | $583.34 |
Berkshire Hathaway peers
| Ticker | Company | Market cap ($M) | P/E | Price ($) | 1-day change | 52-week range |
|---|---|---|---|---|---|---|
| BRK-B | Berkshire Hathaway | 1,239,317 | 16.3x | 583.34 | +1.41% | 464.01586.45 |
| AIG | American International | 42,678 | 13.4x | 82.32 | +3.38% | 71.2587.29 |
| HIG | Hartford | 36,850 | 9.2x | 137.80 | +2.18% | 120.42146.07 |
| ACGL | Arch Capital | 35,528 | 8.9x | 109.14 | +0.94% | 87.05113.63 |
| ALV.DE | Allianz | 174,927 | 14.9x | 461.20 € | −0.50% | 338.80469.10 |
| CS.PA | Axa | 96,086 | 12.4x | 45.95 € | −0.28% | 36.5546.37 |
Stocks quoted in another currency are shown in their trading currency.
Risks, catalysts and conclusion
Generated with AI · Nov 11, 2026, 17:30Risks
- A downturn across Berkshire’s diverse operating businesses could weaken revenue and net income.
- The forecast decline in annual EPS could persist, limiting earnings support for the shares.
- The 2027 estimated P/E of 26.0x could leave valuation exposed if earnings fall short of estimates.
Catalysts
- Improved performance across insurance operations could support group earnings.
- A recovery in railroad, utility or manufacturing activity could strengthen results across the operating portfolio.
- Annual EPS stabilising near or above the 2027 estimate could ease concerns about the forecast decline.
Conclusion
Analysis written automatically by AI from Yahoo Finance market data on Nov 11, 2026, 17:30.
This content is for information only and is not financial advice or a recommendation to buy or sell securities. Ratings and price targets come from third-party analysts. Investing in the stock market involves the risk of losing capital.
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