UBS raises target for Berkshire Hathaway stock from USD 585 to USD 604
Published on 10/06/2026 at 10:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Berkshire Hathaway raised its capital allocation profile through further Lennar purchases while UBS lifted its target for Berkshire Hathaway stock from USD 585.00 to USD 604.00 on August 10, 2026. The target change gives the latest analyst action a clear numerical anchor, while the company is also building a larger position in the US homebuilding market.
UBS lifts target to USD 604
According to Yahoo Finance, UBS maintained a Buy rating and raised its target from USD 585.00 to USD 604.00 on August 10, 2026. That is an increase of 3.25 percent, calculated from the former target, and places the new target above the USD 504.26 NYSE price reported for October 5, 2026.
The wider analyst picture is less one-sided. Investing.com listed an average 12-month target of USD 547.67 and a high estimate of USD 604.00, with the next earnings report scheduled for November 2, 2026.
Lennar stake passes 11 percent
Wealthier Today reported on October 5, 2026 that Berkshire had continued buying Lennar shares through September 30, lifting its economic interest above 11 percent. The pace of purchases slowed, but the transactions show that Berkshire is deploying capital into housing while mortgage costs pressure the sector.
The same report said Berkshire had increased its housing exposure through the USD 8.50 billion Taylor Morrison acquisition announced earlier in 2026. The Lennar position therefore adds a public-market holding to a housing strategy that already includes operating businesses.
Second-quarter revenue reaches USD 101.81 billion
Berkshire reported USD 101.81 billion of revenue in the second quarter of 2026, up 10.00 percent year over year, according to Yahoo Finance. Operating earnings rose 16.30 percent to USD 13.00 billion, and revenue exceeded consensus by 6.80 percent. Insurance and other revenue increased 10.10 percent to USD 88.50 billion, while insurance underwriting earnings fell 13.10 percent to USD 1.70 billion.
The mix matters because the quarterly net income figure included investment gains. Operating earnings and the expanding housing exposure provide a more direct view of Berkshire's business activity than the headline GAAP result alone.
Tradegate quote holds near EUR 450
The substitute price was EUR 450.15 at Tradegate on October 6, 2026 at 9:34 a.m. CEST, up 0.12 percent versus the Tradegate close of EUR 449.60 on October 5, 2026. The NYSE price was USD 504.26 on October 5, 2026, within a USD 464.01 to USD 537.74 52-week range, while market capitalization stood at USD 1.1 trillion.
Price source: substitute price Tradegate, Lang & Schwarz without data set.
Berkshire Hathaway stock facts
- Company: Berkshire Hathaway Inc.
- ISIN: US0846707026
- Ticker: BRK.B
- Primary exchange: NYSE
- Substitute price Tradegate (as of October 6, 2026, 9:34 a.m. CEST): EUR 450.15
- Change versus prior close: plus 0.12 percent
- Tradegate close (October 5, 2026): EUR 449.60
- Market capitalization: USD 1.1 trillion (as of October 5, 2026)
- NYSE 52-week range: USD 464.01-537.74 (as of October 5, 2026)
- Sector / Industry: Financial Services / Insurance - Diversified
- Next earnings date: November 2, 2026
