UBS raises Berkshire Hathaway stock target from USD 604 to USD 628
Published on 10/23/2026 at 11:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- UBS raised its Berkshire Hathaway target to USD 628.00 from USD 604.00 on October 22, 2026.
- Second-quarter revenue reached USD 101.81 billion for the period ended June 30, 2026.
- Berkshire Hathaway stock traded at EUR 487.50 at 10:58 a.m. CEST at Lang & Schwarz on October 23, 2026.
- Third-quarter results are scheduled for November 7, 2026.
Berkshire Hathaway (ISIN US0846707026) is priced at EUR 487.50 at Lang & Schwarz on October 23, 2026 at 10:58 a.m. CEST. UBS kept its Buy rating and raised the target for Class B shares from USD 604.00 to USD 628.00 on October 22, 2026, according to Yahoo Finance.
Target rises as earnings approach
The UBS move gives Berkshire's upcoming results a clear valuation marker. The new target stands USD 140.50 above the October 22 closing price of USD 487.50? No, UBS targets are reported in the original Class A scale and are not directly comparable with the Lang & Schwarz Class B quote, so the figures remain separate.
The latest reported operating picture is the second quarter of 2026. Berkshire posted revenue of USD 101.81 billion and net income of USD 25.67 billion for the period ended June 30, 2026, according to the company's Form 10-Q filed with the SEC. Revenue was USD 101.81 billion versus USD 92.52 billion a year earlier, an increase of 10.04 percent.
What does the cash position mean?
Berkshire's balance sheet carried USD 365.51 billion in cash and short-term investments at June 30, 2026. That liquidity remains central to the investment case because the group combines insurance, freight rail, utilities, manufacturing, services and retail businesses.
Three dated steps toward results
On August 8, 2026, Berkshire reported second-quarter revenue of USD 101.81 billion. On October 1 and October 2, 2026, the company bought about 2.42 million shares of homebuilder Lennar for about USD 193 million, as reported by Ground News. On October 22, 2026, UBS raised its target from USD 604.00 to USD 628.00.
Next date is November 7
Yahoo Finance lists November 7, 2026 as Berkshire's next third-quarter earnings announcement. The report will test whether operating performance can support the valuation after the target increase.
Stock price and investor perspective
Berkshire's market capitalization was USD 1.2 trillion on October 22, 2026, while its NYSE 52-week range was USD 464.01 to USD 549.96. The stock's valuation therefore sits near the upper end of its recent trading band, making the November report the next dated test for earnings and capital allocation.
Berkshire Hathaway was trading at EUR 487.50 at Lang & Schwarz on October 23, 2026 at 10:58 a.m. CEST.
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 23, 2026, 10:58 a.m. CEST): EUR 487.50
- Market capitalization: USD 1.2 trillion (as of October 22, 2026)
- 52-week range: USD 464.01-549.96 (as of October 22, 2026)
- Sector / Industry: Financial Services / Insurance - Diversified
- Index membership: S&P 500
- Next earnings date: November 7, 2026
Market context: Market report S&P 500.
