Berkshire Hathaway names Howard Buffett chair and Berkshire Hathaway stock costs EUR 462.38
Published on 10/12/2026 at 11:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Berkshire Hathaway named Howard Buffett chairman on September 18, 2026, continuing its leadership succession.
- Second-quarter 2026 revenue rose 10.00 percent to USD 101.8 billion, while GAAP net earnings reached USD 25.7 billion.
- The stock was trading at EUR 462.38 at Lang & Schwarz on October 12, 2026 at 11:04 a.m. CEST.
- Berkshire Hathaway is scheduled to report third-quarter 2026 results on November 2, 2026.
Berkshire Hathaway (ISIN US0846707026) was trading at EUR 462.38 at Lang & Schwarz on October 12, 2026 at 11:04 a.m. CEST. On September 18, 2026, Reuters reported that Warren Buffett had stepped down as chairman, while Howard Buffett became non-executive chairman and Warren Buffett became chairman emeritus.
Succession reaches the board
The leadership change followed Greg Abel's move into the chief executive role at the start of 2026. Reuters reported that Howard Buffett had served as a Berkshire director since 1993, while his new role was intended to preserve the company's culture rather than manage daily operations.
Three milestones shape the transition
On June 30, 2026, Berkshire's second-quarter revenue stood at USD 101.8 billion, up 10.00 percent from USD 92.5 billion a year earlier, according to Financial Report Insights. GAAP net earnings reached USD 25.7 billion, up 107.50 percent from USD 12.4 billion, while diluted earnings per Class B share reached USD 11.91.
On August 10, 2026, the second-quarter filing period closed with operating earnings of USD 13.0 billion, up 16.30 percent year over year, according to the same Q2 analysis. On September 18, 2026, the chairman transition became effective, making succession the latest dated milestone in the twelve-month timeline.
What does succession mean for cash?
Berkshire ended the second quarter with USD 364.7 billion of cash, according to Reuters, giving Abel financial capacity while the board transition places greater emphasis on capital allocation. MarketWatch listed an average price target of USD 541.08 from seven ratings on October 9, 2026, with the latest disclosed UBS action dated August 10, 2026.
The next reporting date
Sync2Cal lists November 2, 2026 as Berkshire Hathaway's next earnings date for the third quarter of 2026. The calendar also gives a consensus revenue estimate of USD 99.8 billion, below the USD 101.8 billion reported for the second quarter.
Stock price and market value
Berkshire Hathaway's Class B stock was trading at EUR 462.38 at Lang & Schwarz on October 12, 2026 at 11:04 a.m. CEST. The company's market capitalization was USD 1,111.7 billion and its primary-exchange 52-week range was USD 464.01 to USD 537.74 as of October 9, 2026.
The further course of trading is shown by the continuously updated real-time quote of Berkshire Hathaway stock.
Berkshire Hathaway stock facts
- Company: Berkshire Hathaway Inc.
- ISIN: US0846707026
- Ticker: BRK.B
- Primary exchange: NYSE
- Price Lang & Schwarz as of October 12, 2026, 11:04 a.m. CEST: EUR 462.38
- Market capitalization: USD 1,111.7 billion as of October 9, 2026
- 52-week range: USD 464.01-537.74 as of October 9, 2026
- Sector / Industry: Financial Services / Insurance - Diversified
- Index membership: S&P 500
- Next earnings date: November 2, 2026
Market context: Market report S&P 500.
