Berkshire Hathaway Inc BRK-B

The bottom line

Berkshire is a collection of businesses - insurance, rail, utilities, manufacturing, retail - so the stock moves on group earnings and on money rotating into defensive sectors, not on one growth story. Last quarter showed $101.8b revenue and $25.7b net income, with $365.5b cash against $129.4b debt, and the stock trades at a 13.6 P/E versus a 14.1 sector median, i.e. in line. The central tension is what that huge cash pile does next: reported equity participation in Meta's and Alphabet's AI build-outs tests the view that Berkshire stays in traditional sectors. The stock sits near its 52-week high (91% of range) and rose 1.91% this week while the S&P fell.

An explanation of the mechanics from the facts on this page, not advice.

What the company does

Berkshire Hathaway Inc is a mega-cap company in the Financial Services sector (Insurance - Diversified), with a market value of $1.16T, based in the USA.

It employs about 387,800 people and has been listed since May 09, 1996.

Berkshire Hathaway Inc., together with its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses. The company provides property, casualty, life, accident, and health insurance and reinsurance; operates railroad systems in North America; generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets. It manufactures boxed chocolates and other confectionery products; specialty chemicals, metal cutting tools, and components for aerospace and power generation applications; prefabricated and site-built residential homes, flooring products; insulation, roofing, and engineered products; building and engineered components; paints and coatings; and bricks and masonry products, as well as offers manufactured and site-built home construction, and related lending and financial services.

Cheap or expensive? priced in line with its group

Its price-to-earnings (P/E) is 13.6 versus 14.1 for the median of the Financial Services sector in our universe (19 companies) — priced in line with its group.

Revenue is growing 10% versus the same quarter last year.

On analysts' next-year forecasts the multiple rises to 23.3 — they expect lower earnings.

The average analyst price target is 555.67, 2% above the current price (their view, not ours).

The stock sits at 91% of its one-year range (0% = the low, 100% = the high).

The risks

• No risk flags were detected from the data we have.

Strengths

• ✅ Profitable — 25 of every 100 dollars of revenue stays as profit.
• ✅ Generates free cash flow — profit becomes cash in the bank.
• ✅ More cash than debt.

What the market is talking about this week

A flight from AI stocks pushed money into Berkshire, just as Berkshire itself is reportedly weighing an AI investment.

• Berkshire Hathaway is reportedly in talks to join an early equity funding round for Meta's AI projects. [2]
• Berkshire shares rose as investors rotated out of technology and AI names into defensive groups like consumer, real estate and utilities. [5] [6]
• A Zacks report notes the stock gained 8.8% year to date versus 9% for the P&C insurance industry, citing business diversification. [3]
• A valuation screen lists Berkshire's manufacturing at about $83.0b, BNSF rail at $24.6b, and retailing and services at $44.7b. [1]
• A proxy advisory firm cited Buffett's textile-era lessons at Berkshire while backing dissident nominees in another company's board fight. [4]

A summary of the articles below only, each point with its source. Not a forecast, not a recommendation.

What to watch

• Whether Berkshire actually joins Meta's funding round and on what terms, which would define how much AI exposure enters the balance sheet. [2]
• Whether management quantifies AI-related exposure in future disclosures, giving investors a concrete number to track. [2]
• The next quarterly report: the growth rate (10% year on year last quarter) and what happens to the $365.5b cash pile.
• Whether the rotation out of AI stocks into defensive sectors continues, since it was the stated reason for the recent rally. [5] [6]

What changed this week

Over the past week the stock rose 1.9% (for comparison: S&P 500 -0.4%, sector ETF XLF +0.7%).

It set a new one-year high this week.

This week's news

• Newmont And 2 Other Great Undervalued Stocks finance.yahoo.com · 2026-10-24
  A cash-flow-based undervalued-stock screen includes Berkshire, listing manufacturing ($83.0b), BNSF rail ($24.6b) and retailing/services ($44.7b) contributions. source ↗
• What Could Berkshire Hathaway (BRK.B) Gain From An Early AI Funding Round? finance.yahoo.com · 2026-10-24
  Report says Berkshire may join an early equity funding round for Meta's AI build-out, following an earlier Alphabet equity deal. source ↗
• Top Stock Reports for Apple, Berkshire Hathaway & Goldman Sachs finance.yahoo.com · 2026-10-23
  Zacks research report on Berkshire: shares up 8.8% year to date, aided by diversified businesses, versus a 9% gain for the P&C insurance industry. source ↗
• Egan-Jones Recommends Ethan Allen Shareholders Vote FOR All Five DGB Nominees finance.yahoo.com · 2026-10-23
  Egan-Jones urges Ethan Allen holders to back DGB's five nominees, drawing a comparison to Berkshire's textile mills that Buffett closed in 1985. source ↗
• Berkshire Stock Is Hot Again. Is It Still a Bargain? finance.yahoo.com · 2026-10-23
  An article asks whether Berkshire is still cheap after a rally driven by investors rotating from AI names into defensive sectors. source ↗
• Dow Jones Futures Fall After Moderna Crashes, Meta Fuels AI Meltdown. Warren Buffett Market Is Thriving. finance.yahoo.com · 2026-10-23
  As the S&P 500 and Nasdaq fell on an AI-led selloff led by Meta, Buffett-style stocks benefited from the rotation. source ↗

What changed since last week

• The price rose 3.0% since the last summary.