Howard Buffett becomes chair as Berkshire Hathaway stock carries USD 1.1 trillion value

Published on 10/01/2026 at 15:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached USD 101.80 billion in the second quarter of 2026. Berkshire Hathaway stock is EUR 440.93 on October 1, 2026 versus EUR 439.83.

Fotorealistischer Konglomerat-Campus mit Bürotürmen, Gleisen und Industrie bei Sonnenuntergang — Berkshire Hathaway (B) als diversifizierter Konzern mit ISIN US0846707026 – Luftaufnahme Konglomerat-Campus, Illustration mit AI erstellt.

Berkshire Hathaway (ISIN US0846707026) carries a USD 1.1 trillion market value while Howard Buffett becomes non-executive chair, a leadership change reported by Reuters on September 18, 2026. The stock was trading at EUR 440.93 at Lang & Schwarz on October 1, 2026 at 3:01 p.m. CEST, plus 0.25 percent versus the prior close of EUR 439.83.

Succession reaches the board

Reuters reported on September 18, 2026 that Warren Buffett became chairman emeritus and remained a director, while his son Howard Buffett became chair. Greg Abel had already taken over as chief executive at the start of 2026, making the board change another step in the planned transition.

The distinction matters for investors because Howard Buffett's role is non-executive. Reuters said his main responsibility is preserving Berkshire's culture, while Abel oversees strategy, capital allocation and operating businesses.

Second-quarter figures show scale

In the second quarter of 2026, Berkshire Hathaway generated USD 101.80 billion of revenue, up 10.00 percent year over year, according to Yahoo Finance on September 7, 2026. Operating earnings reached USD 13.00 billion, an increase of 16.30 percent from the same quarter a year earlier, and revenue exceeded consensus by 6.80 percent.

The mix was uneven. Insurance underwriting operating earnings fell 13.10 percent year over year to USD 1.70 billion, while railroad operating revenue increased 14.60 percent to USD 6.60 billion, according to Yahoo Finance's review of the quarterly figures.

Stock remains below its yearly high

The NYSE-listed Class B stock had a USD 464.01 to USD 537.74 52-week range as of October 1, 2026. Its primary-market quote was last at USD 498.41 on September 30, 2026 at 4:00 p.m. ET, while the euro reference price remained a separate Lang & Schwarz indication.

Investing.com lists November 2, 2026 as the next earnings report date and shows an average 12-month analyst target of USD 547.67 from four analysts. That target is 9.90 percent above the USD 498.41 primary-market quote, so the succession story and the earnings trajectory remain the more immediate reference points than a single valuation signal.

Price and trading details

Berkshire Hathaway stock was trading at EUR 440.93 at Lang & Schwarz on October 1, 2026 at 3:01 p.m. CEST, up 0.25 percent versus the Lang & Schwarz prior close of EUR 439.83. The further course of trading is shown by the continuously updated real-time quote of Berkshire Hathaway stock.