Berkshire Hathaway stock forecast 2026–2029
Analysts' average 12-month price target for Berkshire Hathaway is 628.00, 12.4% above the current price of 558.77. Their targets range from 628.00 to 628.00.
Of the 1 firms that rated Berkshire Hathaway in the past 12 months, 1 rate it buy or strong buy, 0 hold and 0 sell or strong sell (each firm at its latest rating); on average they come to Buy.
Analysts' 1-year price targets range from 628.00 to 628.00, with an average of 628.00.
| Strong buy | 0 | |
| Buy | 1 | |
| Hold | 0 | |
| Sell | 0 | |
| Strong sell | 0 |
12-month price target
| Highest target | 628.00 |
| Average target | 628.00 |
| Lowest target | 628.00 |
| Current price | 558.77 |
Berkshire Hathaway price target history
Analysts' average price target for Berkshire Hathaway has risen 5.2% over the past year, from 597.00 to 628.00. Each is the average of every firm's latest target from the six months before: 1 firms now, 1 a year ago.
Each day: the average of every firm's latest target from the six months before, adjusted for splits, from the price targets analysts published. The table gives each month end.
How analysts rate Berkshire Hathaway, month by month
1 of 1 firms rate it buy now, against 1 of 1 in December 2025.
Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.
Berkshire Hathaway analyst upgrades, downgrades and price targets
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 22 Oct 2026 | UBS | Reiterated · Buy | 604.00 → 628.00 | +4.0% | 545.32 |
| 10 Aug 2026 | UBS | Reiterated · Buy | 585.00 → 604.00 | +3.2% | 529.42 |
| 28 Jul 2026 | UBS Brian Meredith | Reiterated · Buy | 597.00 → 585.00 | -2.0% | 512.37 |
Berkshire Hathaway EPS and revenue estimates
Analysts expect Berkshire Hathaway's EPS to fall 15.2% a year until 2027.
Analysts expect Berkshire Hathaway's revenue to grow 5.0% a year until 2027. Over the last 5 years it grew 8.6% a year, and over the last 3 years 7.1%.
Revenue
EPS
Does Berkshire Hathaway beat earnings estimates?
On average, analysts' EPS estimate was 25.0% off the result, either way, and their revenue estimate 16.5%, over the last 12 quarters.
- EPS beats
- 60 / 103
- Revenue beats
- 65 / 95
- Average EPS surprise, last 12
- +21.8%
- Since
- August 2000
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q2 FY2026 | 8 Aug 2026 | 5.13 | 6.02 | +17.3% | 96.52B | 101.81B | +5.5% |
| Q1 FY2026 | 2 May 2026 | 5.08 | 5.25 | +3.3% | 92.91B | 93.68B | +0.8% |
| Q4 FY2025 | 2 Mar 2026 | 5.51 | 4.73 | -14.2% | 96.98B | 100.67B | +3.8% |
| Q3 FY2025 | 3 Nov 2025 | 5.72 | 14.28 | +149.7% | 95.62B | 94.97B | -0.7% |
| Q2 FY2025 | 1 Aug 2025 | 5.04 | 5.73 | +13.7% | 82.22B | 98.88B | +20.3% |
| Q1 FY2025 | 2 May 2025 | 4.63 | 4.47 | -3.5% | 81.59B | 83.29B | +2.1% |
| Q4 FY2024 | 24 Feb 2025 | 4.22 | 6.73 | +59.5% | 89.86B | 101.47B | +12.9% |
| Q3 FY2024 | 4 Nov 2024 | 4.51 | 4.68 | +3.8% | 90.48B | 113.51B | +25.5% |
| Q2 FY2024 | 5 Aug 2024 | 4.81 | 5.38 | +11.9% | 81.88B | 117.51B | +43.5% |
| Q1 FY2024 | 4 May 2024 | 4.58 | 5.20 | +13.5% | 80.41B | 91.75B | +14.1% |
| Q4 FY2023 | 24 Feb 2024 | 3.97 | 3.92 | -1.3% | 88.42B | 130.19B | +47.2% |
| Q3 FY2023 | 4 Nov 2023 | 4.59 | 4.96 | +8.1% | 80.68B | 63.43B | -21.4% |
Berkshire Hathaway stock price 2026–2029: scenarios
If Berkshire Hathaway's earnings keep growing at the -12.6% a year analysts expect to FY2027, it would earn about 17.07 a share in FY2029. At the P/E it has traded at over the last five years (7.5 to 16.2) that is 128.76 to 276.44 a share, or 182.56 at its average P/E of 10.7. This is arithmetic on the analysts' estimates, not a prediction.
| Fiscal year | EPS | Bear | Base | Bull |
|---|---|---|---|---|
| FY2026 | 22.35 | 168.58 | 239.01 | 361.92 |
| FY2027 | 22.33 | 168.43 | 238.80 | 361.61 |
| FY2028 (extrapolated) | 19.52 | 147.27 | 208.79 | 316.17 |
| FY2029 (extrapolated) | 17.07 | 128.76 | 182.56 | 276.44 |
Each year's EPS is the analysts' consensus to FY2027; the years after continue its -12.6% a year. Bear, base and bull apply the lowest, average and highest P/E of the last five fiscal year ends (7.5, 10.7, 16.2).
Is Berkshire Hathaway stock undervalued or overvalued?
Berkshire Hathaway's P/E of 14.1 is above the middle of its 5-year range (6.3 to 102.0, median 12.7). Analysts do not expect faster growth than in recent years, so it is expensive compared with its own history. Fair value is not a reliable guide for Berkshire Hathaway: it made a loss in FY2022, so its usual P/E says little about what it is worth. Its forward P/E, on the consensus for FY2026, is 25.0.
- Price to earnings ratio (TTM)
- 14.05
- Five-year median P/E
- 12.72
- Five-year P/E range
- 6.3 – 102.0
- Forward P/E (FY2026)
- 25.00
- To the average target
- +12.4%