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

$460.21
+5.28 (+1.16%)
(As of 10/11/2024 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
-0.59% Downside
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 downside of -0.59% from the current price of $460.21.
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BRK.B Analyst Ratings Over Time

TypeCurrent Forecast
10/13/23 to 10/12/24
1 Month Ago
9/13/23 to 9/12/24
3 Months Ago
7/15/23 to 7/14/24
1 Year Ago
10/13/22 to 10/13/23
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)
2 Hold rating(s)
1 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$432.00$414.00
Forecasted Upside-0.59% Downside1.44% Upside1.78% Upside19.99% Upside
Consensus Rating
Moderate Buy
Hold
Moderate Buy
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
2.48
2.50
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside-0.59% Downside12.77% Upside6.83% Upside
News Sentiment Rating
Negative 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
3 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 Saturday at 03:18 PM 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 Sunday, October 6, 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 major shareholder recently sold a significant number of shares, indicating confidence in the company's future performance.
  • The current stock price of Berkshire Hathaway (BRK.B) is at an attractive level, offering a potential entry point for investors seeking value.
  • Berkshire Hathaway has a history of successful strategic portfolio moves, which could lead to enhanced shareholder value in the long term.
  • Large shareholders are required to disclose their transactions with the SEC, providing transparency and insight into the company's operations.
  • Berkshire Hathaway's consistent track record of generating strong returns over time may appeal to investors looking for stable growth opportunities.

Berkshire Hathaway
Bear Case

red Wall Street bear icon

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

  • Continued insider selling of Berkshire Hathaway shares could raise concerns about the company's future prospects among investors.
  • The high volume of shares sold by Berkshire Hathaway's major shareholder may indicate potential risks or challenges ahead for the company.
  • Repeated selling of shares by insiders might suggest a lack of confidence in Berkshire Hathaway's short-term performance.
  • Investors may face uncertainty regarding Berkshire Hathaway's future strategic direction and investment decisions due to recent significant share sales.
  • The consistent selling of shares by Berkshire Hathaway insiders could impact market sentiment and investor confidence in the company.

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 twelve months. 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 downside of -0.59% based on their 12-month stock forecasts.

Berkshire Hathaway has been rated by research analysts at TD Cowen in the past 90 days.

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 10/12/2024 by MarketBeat.com Staff
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