Berkshire Hathaway Stock Price Forecast 2031

Berkshire Hathaway Stock Price Forecast 2031: Price Prediction, Target & Outlook

Berkshire Hathaway Stock Price Forecast 2031

Berkshire Hathaway stock price forecast 2031 with BRK.B price targets, bull and bear cases, valuation, risks, earnings outlook and prediction.

Berkshire Hathaway stock price forecast 2031

Disclaimer: This article is for informational and educational purposes only and is not financial advice. A 2031 stock-price forecast is inherently uncertain. Actual results can vary significantly because of economic conditions, interest rates, insurance results, investment performance, acquisitions, share repurchases, valuation and management decisions.

Introduction

What could Berkshire Hathaway stock be worth in 2031?

That is a particularly interesting question because 2031 will give investors several more years of evidence about Berkshire Hathaway's post-Warren Buffett era.

Greg Abel is now leading the company, and Berkshire has already started deploying more of its enormous cash reserves. In the second quarter of 2026, Berkshire reported $12.98 billion in operating earnings, up about 16% year over year. The company also bought approximately $23.5 billion of stocks, including a roughly $10 billion Alphabet position, repurchased $4.5 billion of its own shares and completed the $6.8 billion Taylor Morrison acquisition.

Those developments make the long-term story more interesting.

For my scenario-based Berkshire Hathaway stock price forecast 2031, I estimate a base-case BRK.B range of $750 to $900, with a central target of approximately $825.

A bullish outcome could put BRK.B around $1,000–$1,200, while a weak scenario could leave the stock around $575–$700.

The important point is that these are scenarios—not promises.

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Table of Contents

Sr#	Headings
1	What Is Berkshire Hathaway?
2	Berkshire Hathaway Stock Price Forecast 2031
3	BRK.A vs. BRK.B
4	Berkshire Hathaway 2031 Price Target
5	Why Berkshire Hathaway Could Rise by 2031
6	Berkshire Hathaway Bull Case
7	Berkshire Hathaway Bear Case
8	Greg Abel and the Post-Buffett Era
9	Berkshire Hathaway Cash and Capital Allocation
10	Berkshire Hathaway Earnings Outlook
11	Insurance Business Outlook
12	BNSF Railway and Berkshire Hathaway Energy
13	Manufacturing, Retail and Service Businesses
14	Berkshire Hathaway Valuation in 2031
15	Berkshire Hathaway Stock Forecast 2035
16	Key Risks to the 2031 Forecast
17	Is Berkshire Hathaway a Good Investment for 2031?
18	Berkshire Hathaway 2031 Price Prediction by Scenario
19	Final Berkshire Hathaway Stock Price Forecast 2031
20	Frequently Asked Questions

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1. What Is Berkshire Hathaway?

Berkshire Hathaway is one of the world's most diversified publicly traded companies.

It is best known for Warren Buffett, but the business itself is far more than Buffett's stock portfolio.

Berkshire owns a collection of operating companies across:

• Insurance
• Railroads
• Energy
• Manufacturing
• Retail
• Services
• Aerospace
• Consumer products

Its major businesses include GEICO, BNSF Railway, Berkshire Hathaway Energy and Precision Castparts.

Berkshire also owns a large portfolio of publicly traded securities.

That combination is what makes the company unusual.

Think of Berkshire like a financial Swiss Army knife. Instead of depending on one product, it has many different tools that can contribute to the overall business.

That diversification can help during difficult economic periods.

However, there is another side to the story.

Berkshire has become enormous.

A small acquisition that would have dramatically changed Berkshire decades ago may barely move the company's earnings today.

Therefore, the Berkshire Hathaway stock price forecast 2031 should be built around sustainable compounding rather than unrealistic double-digit growth every year.

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2. Berkshire Hathaway Stock Price Forecast 2031

Let's get directly to the main forecast.

Berkshire Hathaway stock price forecast 2031

Scenario	BRK.B 2031 Forecast
Bear Case	$575–$700
Conservative Case	$675–$775
Base Case	$750–$900
Bull Case	$1,000–$1,200
Central Target	~$825

My preferred range is $750–$900.

The central estimate is approximately $825 per BRK.B share.

Why?

Because Berkshire has several potential sources of long-term value creation:

Operating earnings

Investment portfolio growth

Insurance float

Acquisitions

Share repurchases

Retained earnings

Cash deployment

At the same time, Berkshire's enormous size means investors should not expect the company to grow like a small technology company.

The current market price is around $510 per BRK.B share, according to the latest market data available for August 12, 2026.

Moving from roughly $510 to $825 by 2031 would require substantial long-term appreciation, but it does not require Berkshire to become a hyper-growth company.

Instead, it requires steady growth in intrinsic value per share.

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3. BRK.A vs. BRK.B

Berkshire Hathaway has two publicly traded share classes.

BRK.A

Class A shares have a very high per-share price and greater voting rights.

BRK.B

Class B shares have a much lower individual share price and are generally more accessible to individual investors.

The price targets in this article primarily refer to BRK.B.

This distinction is important when researching Berkshire stock predictions because the two share classes have different per-share prices even though they represent ownership in the same underlying company.

For most retail-investor searches, BRK.B is the more relevant ticker.

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4. Berkshire Hathaway 2031 Price Target

How do we arrive at an $825 central target?

We need to think about Berkshire differently from a typical company.

A simple P/E calculation does not capture everything Berkshire owns.

Its value comes from several major components:

Operating businesses

Public equity investments

Cash and Treasury investments

Insurance operations

Future acquisitions

−

Debt and other liabilities

The company's 2025 annual report shows just how large the business has become. Berkshire reported $66.97 billion in net earnings attributable to shareholders in 2025 and $31.04 in net earnings per equivalent Class B share.

However, Berkshire's reported net income can fluctuate significantly because accounting rules require unrealized investment gains and losses to flow through earnings.

That is why operating earnings are especially important.

Recent Q2 2026 operating earnings increased 16% to $12.98 billion.

Bear Case: $575–$700

This assumes:

• slow economic growth,
• weak insurance profitability,
• disappointing investments,
• poor capital allocation,
• limited acquisitions,
• and valuation compression.

Base Case: $750–$900

This assumes:

• moderate operating earnings growth,
• successful capital deployment,
• stable insurance economics,
• disciplined acquisitions,
• continued buybacks,
• and a successful post-Buffett transition.

Bull Case: $1,000–$1,200

This would require excellent capital allocation and stronger-than-expected growth across Berkshire's operating businesses and investments.

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5. Why Berkshire Hathaway Could Rise by 2031

There are several reasons BRK.B could be significantly higher by 2031.

Operating Earnings Can Compound

Berkshire owns dozens of businesses.

The company doesn't need one blockbuster product.

Instead, it can grow through incremental improvements across insurance, railroads, energy, manufacturing and services.

The latest quarter provides a useful example.

Berkshire's Q2 2026 operating earnings increased approximately 16% year over year to $12.98 billion, while revenue increased 10% to approximately $101.81 billion.

One quarter doesn't establish a long-term trend, but it demonstrates the earning power of Berkshire's operating businesses.

Capital Deployment Is Changing

This could be the biggest catalyst for the next five years.

Berkshire spent years accumulating cash.

Under Greg Abel, management has begun putting more of that capital to work.

In Q2 2026, Berkshire bought roughly $23.5 billion of stocks while selling about $3.7 billion, making the company a net buyer.

It also spent $4.5 billion on share repurchases.

If Berkshire continues deploying capital intelligently through 2031, shareholder value could compound faster.

Acquisitions

Berkshire has the financial capacity to make large acquisitions.

The Taylor Morrison transaction, valued at approximately $6.8 billion, demonstrates that Berkshire remains willing to deploy capital into operating businesses.

Larger transactions could become important contributors to earnings over time.

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6. Berkshire Hathaway Bull Case

Could Berkshire Hathaway reach $1,000 by 2031?

Yes—but I would classify that as a bull-case outcome, not the most likely scenario.

Several things would need to go right.

Greg Abel Becomes an Excellent Capital Allocator

The most important question isn't whether Abel can imitate Buffett.

He cannot—and shouldn't have to.

The question is whether Abel can maintain Berkshire's disciplined culture while adapting to a different market environment.

So far, capital deployment has become more active.

The company bought billions of dollars of stocks, increased buybacks and completed an acquisition in Q2 2026.

If those decisions prove highly profitable over the next five years, investor confidence could rise significantly.

Large Successful Acquisitions

Berkshire's size means it needs increasingly large opportunities.

A successful acquisition worth tens of billions of dollars could materially increase future earnings.

The challenge is finding businesses with:

• durable competitive advantages,
• strong management,
• predictable cash flows,
• and reasonable purchase prices.

Strong Insurance Results

Insurance is a major source of Berkshire's financial strength.

If underwriting remains profitable while investment returns remain attractive, insurance could continue supporting long-term compounding.

Strong Aerospace Demand

Precision Castparts could benefit from long-term growth in commercial aviation.

The business recently delivered strong results, contributing to the broader strength of Berkshire's industrial operations.

If that trend continues through 2031, manufacturing earnings could be an important contributor.

Energy Demand Growth

Electricity demand could rise because of:

• artificial intelligence,
• data centers,
• manufacturing,
• electric vehicles,
• and industrial electrification.

Berkshire's energy assets give investors exposure to this trend.

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7. Berkshire Hathaway Bear Case

The long-term story has risks.

A 2031 forecast must take them seriously.

Berkshire May Simply Be Too Large

This is perhaps the most fundamental issue.

Berkshire's market capitalization is already enormous.

Finding investments capable of moving the entire company becomes increasingly difficult.

Insurance Weakness

Insurance can experience significant losses during periods of high catastrophe activity.

Recent Q2 2026 results showed that GEICO remained a weak spot, with its profit falling sharply even while other Berkshire businesses performed well.

Poor Capital Allocation

Berkshire's cash is valuable because it gives management flexibility.

But deploying that cash at poor returns would destroy some of that advantage.

A large acquisition at the wrong price could have consequences for years.

Valuation Compression

Even if Berkshire's intrinsic value rises, the stock price can disappoint if investors assign a lower valuation to the company.

For example, a company can grow earnings while its valuation multiple falls.

The result can be mediocre shareholder returns.

Leadership Risk

The transition from Buffett to Abel remains one of the most important variables.

By 2031, investors will have a much clearer record to evaluate.

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8. Greg Abel and the Post-Buffett Era

This is arguably the most important section of any Berkshire Hathaway stock forecast for 2031.

Warren Buffett's influence on Berkshire lasted for decades.

His investment philosophy shaped:

• capital allocation,
• acquisitions,
• corporate culture,
• communication,
• risk management,
• and shareholder expectations.

Greg Abel now has the difficult task of leading Berkshire into a new era.

The encouraging part is that investors are already seeing more active capital deployment.

Berkshire's cash and Treasury holdings declined to roughly $364.7 billion at the end of Q2 2026, according to recent reporting.

The company also bought roughly $23.5 billion in stocks and repurchased $4.5 billion of Berkshire shares during the quarter.

Most notably, Berkshire invested about $10 billion in Alphabet.

That is a major signal.

It shows that the new Berkshire isn't simply sitting on cash waiting for the perfect opportunity.

Abel appears willing to act when management sees attractive value.

But investors should be careful about drawing conclusions from one quarter.

The real test is whether these decisions produce attractive returns over five years.

By 2031, shareholders should have considerably more evidence.

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9. Berkshire Hathaway Cash and Capital Allocation

Cash is one of Berkshire's greatest strategic advantages.

Imagine having hundreds of billions of dollars available when the market presents an attractive opportunity.

Most companies cannot do that.

During financial crises, recessions or market sell-offs, Berkshire can potentially act while competitors are protecting their balance sheets.

But cash can also become a drag.

If Berkshire holds too much cash for too long, it may earn less than it could by investing in productive assets.

This is why the recent reduction in cash is important.

Berkshire ended Q2 2026 with approximately $364.7 billion in cash and Treasury bills, down from approximately $380.2 billion the previous quarter.

The company deployed capital into:

• Alphabet,
• other stocks,
• Taylor Morrison,
• and Berkshire share repurchases.

The important question for 2031 isn't:

“How much cash will Berkshire have?”

It is:

“How much value will Berkshire create with every dollar it deploys?”

That is the key to the next stage of Berkshire's story.

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10. Berkshire Hathaway Earnings Outlook

Earnings will remain an important part of the 2031 forecast.

But Berkshire's earnings require some explanation.

The company reports investment gains and losses in net income.

That can make annual earnings extremely volatile.

For example, Berkshire's 2025 annual filing reported:

• Net earnings: $67.26 billion
• Net earnings attributable to Berkshire shareholders: $66.97 billion
• Class B equivalent EPS: $31.04

Investment gains and losses can make those figures move substantially from year to year.

That's why long-term investors often pay close attention to operating earnings.

In Q2 2026, operating earnings were approximately $12.98 billion, up 16.3% year over year.

If Berkshire can compound operating earnings at a moderate rate through 2031 while also deploying its balance sheet effectively, intrinsic value per share could increase substantially.

The key word is moderate.

Berkshire doesn't need 20% annual earnings growth to produce good long-term returns.

At its current scale, even mid-single-digit compounding can become meaningful over five years.

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11. Insurance Business Outlook

Insurance remains one of Berkshire's most important businesses.

The basic economic model is powerful.

Customers pay premiums today.

Claims are generally paid later.

During that period, Berkshire can invest the available capital.

This creates insurance float.

If Berkshire generates strong underwriting results, it can effectively receive investment capital at an attractive economic cost.

That is one reason the insurance business has been so important historically.

However, insurance has risks.

The company faces:

• catastrophe losses,
• inflation,
• pricing cycles,
• higher claims,
• competitive pressure,
• and changing consumer behavior.

GEICO's recent performance shows that even a major Berkshire subsidiary can experience difficult periods.

The good news is that Berkshire is diversified.

If one insurance business struggles, the railroad, energy, manufacturing and investment businesses can help offset some of the weakness.

For 2031, I expect insurance to remain one of Berkshire's most important long-term assets.

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12. BNSF Railway and Berkshire Hathaway Energy

BNSF and Berkshire Hathaway Energy provide exposure to the physical economy.

BNSF Railway

Railroads have an important structural advantage.

Building a competing nationwide rail network would require enormous capital and decades of development.

BNSF therefore benefits from a significant infrastructure moat.

Its performance can be influenced by:

• industrial production,
• agriculture,
• consumer demand,
• construction,
• energy shipments,
• and overall U.S. economic growth.

If the American economy continues expanding through 2031, BNSF should remain an important contributor to Berkshire.

Berkshire Hathaway Energy

Energy infrastructure could become even more important over the next decade.

Artificial intelligence and data centers require enormous amounts of electricity.

Manufacturing and electrification could increase demand further.

Berkshire's energy operations could therefore benefit from long-term infrastructure investment.

This is one of the less obvious parts of the Berkshire investment thesis.

You aren't simply buying an insurance company.

You're buying exposure to a broad collection of real assets and operating businesses.

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13. Manufacturing, Retail and Service Businesses

Berkshire's manufacturing and service businesses provide another layer of diversification.

These companies operate across industries including:

• aerospace,
• industrial products,
• building materials,
• consumer goods,
• retail,
• and specialized services.

This diversification matters because economic cycles affect industries differently.

For example, a downturn in housing may hurt one subsidiary while strong aerospace demand benefits another.

That creates a more balanced earnings profile.

Precision Castparts is particularly interesting.

Its aerospace exposure could benefit from long-term commercial aircraft demand.

If manufacturing earnings continue improving through 2031, Berkshire could generate more operating cash to reinvest elsewhere.

This creates a virtuous cycle:

More earnings → more cash → more investment opportunities → more earnings.

That's essentially the compounding machine investors hope Berkshire continues to be.

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14. Berkshire Hathaway Valuation in 2031

Valuing Berkshire in 2031 will require looking at the company from several angles.

A simplified framework is:

Value of operating businesses

Investment portfolio

Cash

Future capital deployment

−

Liabilities

=

Estimated intrinsic value

This is more useful than simply applying a P/E ratio to one year's reported earnings.

Why?

Because Berkshire's reported earnings can change dramatically based on stock-market movements.

Suppose Berkshire's equity portfolio rises sharply.

Reported net income could surge.

If the market falls the following year, reported earnings could plunge.

But that doesn't necessarily mean the underlying operating businesses changed dramatically.

Therefore, 2031 investors should examine:

• operating earnings,
• per-share intrinsic value,
• cash generation,
• investment performance,
• share repurchases,
• acquisitions,
• and balance-sheet strength.

The valuation investors assign to Berkshire will also matter.

A higher valuation multiple could push the stock toward the bull-case range.

A lower multiple could keep BRK.B closer to the bear or conservative scenario.

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15. Berkshire Hathaway Stock Forecast 2035

Looking beyond 2031 is useful, although uncertainty becomes much greater.

An illustrative long-term scenario could be:

Year	Bear Case	Base Case	Bull Case
2028	$525–$575	$600–$700	$750–$850
2029	$525–$625	$650–$775	$850–$950
2030	$550–$675	$700–$850	$950–$1,100
2031	$575–$700	$750–$900	$1,000–$1,200
2035	$700–$900	$1,050–$1,350	$1,450–$1,850+

These are illustrative scenarios, not guaranteed prices.

The farther into the future we forecast, the more variables can change.

By 2035, Berkshire could have a completely different operating mix.

It could own businesses that investors today haven't even considered.

That's why a 2031 forecast is more useful than a highly precise 2035 number.

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16. Key Risks to the 2031 Forecast

Before relying on any long-term Berkshire stock prediction, consider these risks.

1. Economic Recession

A prolonged recession could reduce railroad volumes, manufacturing demand and consumer spending.

2. Major Insurance Losses

Natural disasters could generate substantial claims.

3. Investment Portfolio Declines

Berkshire's investment portfolio can experience large swings during market corrections.

4. Poor Acquisitions

A major acquisition at an excessive valuation could destroy shareholder value.

5. Leadership Risk

Greg Abel's capital-allocation record remains one of the biggest unknowns for the decade.

6. Berkshire's Size

The larger Berkshire becomes, the harder it is to find investments large enough to meaningfully change overall earnings.

7. Valuation Compression

The underlying business could perform well while the stock underperforms if its valuation multiple falls.

8. Interest Rates

Changes in interest rates can affect Berkshire's investment income, insurance economics and valuation.

9. Competition

Berkshire's operating companies face competition across nearly every industry in which they operate.

The best way to deal with these uncertainties is to use a range rather than one supposedly perfect price target.

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17. Is Berkshire Hathaway a Good Investment for 2031?

Berkshire could remain attractive for investors looking for long-term capital compounding.

Its potential advantages include:

Diversification

Financial strength

Large cash reserves

Insurance float

Strong operating businesses

Capital-allocation flexibility

Share repurchases

Potential acquisitions

However, Berkshire isn't necessarily the right stock for every investor.

It does not pay a regular dividend.

Investors seeking high current income may prefer dividend-paying companies.

Likewise, investors seeking explosive growth may prefer smaller technology companies.

Berkshire's appeal is different.

It is built around financial durability and compounding.

Think of it less like a rocket and more like a powerful train.

It may not accelerate as violently as a high-growth technology stock, but its strength comes from the ability to keep moving through different economic environments.

That could make Berkshire attractive for investors with a long-term horizon extending to 2031 and beyond.

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18. Berkshire Hathaway 2031 Price Prediction by Scenario

Here is the complete forecast in one table:

Factor	Bear Case	Base Case	Bull Case
2031 BRK.B Price	$575–$700	$750–$900	$1,000–$1,200
Operating Growth	Weak	Moderate	Strong
Insurance	Weak	Stable	Strong
Capital Deployment	Poor	Disciplined	Excellent
Acquisitions	Limited	Moderate	Major successful deals
Buybacks	Limited	Moderate	Strong
Investor Confidence	Low	Improving	High
Valuation	Contracts	Stable	Expands
Leadership	Concerns	Successful	Excellent
Market Environment	Weak	Normal	Strong

Central 2031 Target: Approximately $825

The $825 target is designed to be achievable without assuming unrealistic growth.

It assumes Berkshire continues doing several things well:

• growing operating earnings,
• investing excess cash,
• buying attractive businesses,
• repurchasing shares when appropriate,
• maintaining insurance discipline,
• and preserving its strong balance sheet.

The bull case requires significantly better execution.

The bear case assumes Berkshire's size becomes a bigger obstacle and capital allocation produces weaker returns.

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19. Final Berkshire Hathaway Stock Price Forecast 2031

The Berkshire Hathaway stock price forecast 2031 is cautiously bullish, but the range is more important than the exact number.

My scenario-based forecast is:

Bear Case: $575–$700

This scenario assumes slow operating growth, weak insurance performance, poor capital allocation or valuation compression.

Base Case: $750–$900

This is my preferred scenario.

It assumes moderate operating growth, disciplined capital deployment, continued share repurchases and a successful management transition.

Bull Case: $1,000–$1,200

This requires excellent execution.

Berkshire would need strong operating businesses, successful major investments, attractive acquisitions and high investor confidence.

Central Target: Approximately $825

That is my primary BRK.B price prediction for 2031.

There are several reasons for the positive long-term outlook.

First, Berkshire remains financially powerful.

Second, its businesses are highly diversified.

Third, the company has enormous capital resources.

And fourth, Greg Abel is already demonstrating a willingness to deploy more of that capital.

The second-quarter 2026 results are particularly important.

Berkshire's operating earnings rose 16% to approximately $12.98 billion, revenue increased 10%, the company bought roughly $23.5 billion of stocks, and it repurchased approximately $4.5 billion of its own shares.

Berkshire also completed the approximately $6.8 billion Taylor Morrison acquisition and invested approximately $10 billion in Alphabet.

These actions suggest that the post-Buffett Berkshire is not simply going to sit on its cash forever.

However, investors should remain realistic.

Berkshire's size is the central challenge.

The company needs increasingly large opportunities to move the needle.

Greg Abel therefore faces a difficult task: deploy enormous amounts of capital while maintaining Berkshire's historically conservative approach to risk.

If he succeeds, the stock could move toward the upper end of the 2031 forecast.

If capital allocation disappoints, BRK.B could remain closer to the lower end.

Bottom Line

My Berkshire Hathaway stock price forecast 2031 is:

Bear Case: $575–$700

Base Case: $750–$900

Bull Case: $1,000–$1,200

Central Target: $825

The $825 target is not a guarantee.

It is a scenario-based estimate based on Berkshire's current financial position, operating businesses, investment portfolio, capital resources and the potential for continued per-share compounding.

For long-term investors, the most important thing to watch isn't simply whether BRK.B reaches $825.

Watch intrinsic value per share.

If that number continues rising through operating earnings, investments, acquisitions and disciplined buybacks, Berkshire should have a solid foundation for long-term appreciation.

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20. Frequently Asked Questions What is the Berkshire Hathaway stock price forecast for 2031?

My base-case Berkshire Hathaway stock price forecast 2031 is $750–$900 for BRK.B, with a central target of approximately $825.

Can Berkshire Hathaway stock reach $800 by 2031?

Yes. An $800 BRK.B price falls within the base-case forecast. It would likely require moderate operating growth, successful capital allocation and continued investor confidence in Berkshire's management.

Can BRK.B reach $1,000 by 2031?

Yes, but I would classify $1,000 as a bull-case outcome. Berkshire would likely need strong earnings growth, successful acquisitions, effective capital deployment and a favorable valuation environment.

Can Berkshire Hathaway reach $1,200 by 2031?

It is possible, but $1,200 represents the upper end of the bullish scenario. Achieving it would require several years of strong intrinsic-value growth and excellent capital allocation.

What could cause Berkshire Hathaway stock to fall by 2031?

Potential risks include recession, major insurance losses, investment losses, weak operating performance, poor acquisitions, leadership concerns and valuation compression.

Who is Berkshire Hathaway's CEO in 2026?

Greg Abel is Berkshire Hathaway's CEO. The market is closely monitoring his capital-allocation decisions following Warren Buffett's transition from the CEO position. Recent results show that Abel has begun deploying more of Berkshire's cash.

Does Berkshire Hathaway pay dividends?

Berkshire Hathaway does not currently pay a regular cash dividend. Instead, it generally retains capital for investments, acquisitions, operating businesses and share repurchases.

Is Berkshire Hathaway a good investment for 2031?

Berkshire may appeal to investors seeking diversification, financial strength and long-term compounding. However, no stock is guaranteed to outperform, and investors should consider valuation and personal risk tolerance.

What is the biggest catalyst for Berkshire Hathaway through 2031?

The biggest potential catalyst is capital allocation. Berkshire has enormous financial resources, and the returns generated by deploying those resources could materially influence intrinsic value per share.

What is the biggest risk to the Berkshire Hathaway 2031 forecast?

One of the biggest risks is poor capital allocation during the post-Buffett era. Because Berkshire is so large, major investment mistakes could have a meaningful long-term impact.

What is the difference between BRK.A and BRK.B?

BRK.A and BRK.B are two classes of Berkshire Hathaway common stock. They represent ownership in the same company but have different share prices and voting rights. The forecasts in this article primarily refer to BRK.B.

What is the central Berkshire Hathaway price target for 2031?

The central scenario in this forecast is approximately $825 per BRK.B share, with a broader base-case range of $750–$900.

Will Berkshire Hathaway remain strong after Warren Buffett?

The transition remains an important uncertainty, but early evidence under Greg Abel is encouraging. Berkshire has increased capital deployment, purchased stocks, repurchased shares and completed an acquisition. The more important test will be whether these decisions generate attractive returns consistently over the next several years.