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Berkshire Hathaway (BRK.B) Stock Forecast & Price Target

Berkshire Hathaway logo
$442.86
+0.57 (+0.13%)
(As of 09:26 AM ET)

Berkshire Hathaway - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
1
Buy
1

Based on 2 Wall Street analysts who have issued ratings for Berkshire Hathaway in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 2 analysts, 1 has given a hold rating, and 1 has given a buy rating for BRK.B.

Consensus Price Target

$457.50
3.44% Upside
According to the 2 analysts' twelve-month price targets for Berkshire Hathaway, the average price target is $457.50. The highest price target for BRK.B is $465.00, while the lowest price target for BRK.B is $450.00. The average price target represents a forecasted upside of 3.44% from the current price of $442.86.
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BRK.B Analyst Ratings Over Time

TypeCurrent Forecast
11/6/23 to 11/5/24
1 Month Ago
10/7/23 to 10/6/24
3 Months Ago
8/8/23 to 8/7/24
1 Year Ago
11/6/22 to 11/6/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
0 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
2 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$457.50$457.50$443.00$414.00
Forecasted Upside3.44% Upside-0.97% Downside3.72% Upside19.31% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Hold
Hold

BRK.B Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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BRK.B Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Berkshire Hathaway Stock vs. The Competition

TypeBerkshire HathawayFinance CompaniesS&P 500
Consensus Rating Score
2.50
2.47
2.50
Consensus RatingModerate BuyHoldHold
Predicted Upside3.44% Upside17.57% Upside10.48% Upside
News Sentiment Rating
Neutral News

See Recent BRK.B News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/22/2024TD Cowen
4 of 5 stars
A. Kligerman
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Initiated CoverageHold$465.00+7.03%
5/29/2024Argus
2 of 5 stars
 UpgradeHold ➝ Buy$450.00+11.41%
9/29/2023Edward Jones
3 of 5 stars
 DowngradeBuy ➝ Hold
8/7/2023UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost Target$405.00 ➝ $414.00+18.29%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 09:34 AM ET.


Should I Buy Berkshire Hathaway Stock? BRK.B Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, October 24, 2024. Please send any questions or comments about these Berkshire Hathaway pros and cons to contact@marketbeat.com.

Berkshire Hathaway
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Berkshire Hathaway:

  • Berkshire Hathaway's diversified business portfolio across insurance, transportation, utilities, manufacturing, and retail provides stability and potential for consistent returns.
  • The company's strong focus on long-term value investing, led by Warren Buffett, has historically outperformed the market.
  • Berkshire Hathaway's ownership of well-known brands like Duracell, Dairy Queen, and GEICO offers exposure to various consumer sectors.
  • Recent acquisitions and investments in growing industries such as renewable energy and technology showcase the company's adaptability and forward-thinking approach.
  • With Berkshire Hathaway's stock price currently at an attractive valuation, investors may find an opportunity to enter at a favorable entry point.

Berkshire Hathaway
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Berkshire Hathaway for these reasons:

  • Berkshire Hathaway's sheer size and scale may limit its agility in responding to rapid market changes compared to smaller, more nimble competitors.
  • The company's heavy reliance on the insurance sector exposes it to potential risks from catastrophic events and regulatory changes.
  • Berkshire Hathaway's decentralized structure with a wide array of subsidiaries could lead to challenges in operational efficiency and coordination.
  • Warren Buffett's eventual succession plan and the transition to new leadership may introduce uncertainties regarding the company's future strategic direction.
  • In a rapidly evolving market landscape, Berkshire Hathaway's traditional investment approach may face challenges in adapting to disruptive technologies and changing consumer preferences.

BRK.B Forecast - Frequently Asked Questions

According to the research reports of 2 Wall Street equities research analysts, the average twelve-month stock price forecast for Berkshire Hathaway is $457.50, with a high forecast of $465.00 and a low forecast of $450.00.

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Berkshire Hathaway in the last year. There is currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" BRK.B shares.

According to analysts, Berkshire Hathaway's stock has a predicted upside of 3.31% based on their 12-month stock forecasts.

Analysts like Berkshire Hathaway more than other "finance" companies. The consensus rating for Berkshire Hathaway is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how BRK.B compares to other companies.


This page (NYSE:BRK.B) was last updated on 11/5/2024 by MarketBeat.com Staff
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