NYSE: BRK-B · Diversified Insurance
Berkshire Hathaway (BRK-B) fair value and price range
As of 31 Oct 2026, Faircurve's model values Berkshire Hathaway (BRK-B) at $345.92 a share. The stock last closed at $557.24, which puts the model's fair value 37.9% below the price. The model grades the evidence behind this valuation as low, so no verdict is shown. For banks, insurers and mortgage real estate investment trusts (REITs) the grade looks at how many comparable companies there are and how closely they agree, how wide the range of outcomes is, and whether the model's valuation methods agree with each other. It does not say how likely the fair value is to be right.
Revalued . Price is the close of 3 Nov 2026. Berkshire Hathaway Inc.
The report adds the live price, the price chart, the next earnings date and the analysts' consensus. No account needed.
This week, in three parts
What happenedThe run of 31 Oct 2026 held the fair value at $345.92, within 1% of the run of 24 Oct 2026.
What the model makes of itThe price of $557.24 is 37.9% above it. The model grades the evidence behind this valuation as low, so no verdict is shown. For banks, insurers and mortgage real estate investment trusts (REITs) the grade looks at how many comparable companies there are and how closely they agree, how wide the range of outcomes is, and whether the model's valuation methods agree with each other. It does not say how likely the fair value is to be right.
What's nextReports on 7 Nov 2026. The next weekly run is on Saturday 7 Nov 2026.
What price range does the model give BRK-B?
The calibrated range for BRK-B over 63 trading days is $280.21 to $413.20. There is no live options data for this stock, so the range is built from the fair value and calibrated weekly against realised prices (n = 10,454 past valuations, refreshed 31 Oct 2026). Ranges built this way held the price 60% of the time at this horizon.
The price is above this range. For names with fair value 15%+ below price, the calibrated range has held the price 35% of the time over 63 trading days, and 64% ended above it; the typical move was −4.7%.
The model's own simulated range, from the 20th to the 80th percentile of its runs, is $268.48 to $437.38. In 6% of the simulations the fair value came out above the price the model ran on.
Faircurve Insights · 31 Oct 2026
Berkshire Hathaway Inc. (BRK-B) is a diversified insurance company in financial services. It was established in 1998 and is headquartered in Omaha, Nebraska, and its core operations primarily encompass insurance, freight rail transportation and utility services.
Faircurve's model put the fair value at $345.92 a share on 31 Oct 2026, the midpoint of 2,000 simulations. The previous run, on 24 Oct 2026, gave $347.20, so the fair value moved -0.4%. The sheet gives no reason for the move. The calibrated range over 63 trading days is $280.21 to $413.20. It is built from the fair value, since there is no live options data for the stock, and it is calibrated weekly against realised prices (10,454 past valuations, refreshed 31 Oct 2026). Ranges built this way held the price 60% of the time at this horizon. The model grades the evidence behind this valuation as low, so no verdict is shown. For insurers, the grade looks at the comparable companies, the spread of outcomes and whether the valuation methods agree. It does not say whether the fair value is right.
The model compares the company with two companies that have a fair value of their own on the site: American International Group, Inc. (AIG) and The Hartford Insurance Group, Inc. (HIG). Two more, Arch Capital Group Ltd. (ACGL) and Genworth Financial, Inc. (GNW), have no verdict on this date. The facts sheet holds no quality scores, so this note cannot give the overall score or the factors that stand out against the peer median.
Written from the figures on this page for the 31 Oct 2026 valuation and checked by rule before publishing: every number is one printed here, no forecast, no instruction. The price, the gap and the verdict are the page's own and change daily. Not a recommendation.
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When does BRK-B report earnings, and how has the stock reacted?
Berkshire Hathaway's next earnings report is scheduled for 7 Nov 2026. Companies can move their dates.
Around its last 8 reports: what the options market priced, and what followed
Each move runs from the last close before the report to the first close after it, so it covers companies that report before the open and after the close. The median size across BRK-B's last 8 reports, ignoring direction, was 2.4%.
How does BRK-B compare with similar companies?
The companies in diversified insurance closest to Berkshire Hathaway in market value, each on the same model and the same date.
| Company | Last close | Model fair value | Gap | Model verdict |
|---|---|---|---|---|
| AIG American International Group, Inc. | $80.53 | $94.89 | +17.8% | Undervalued |
| ACGL Arch Capital Group Ltd. | $107.79 | $142.62 | +32.3% | Low evidence grade |
| HIG The Hartford Insurance Group, Inc. | $134.92 | $182.56 | +35.3% | Undervalued |
| GNW Genworth Financial, Inc. | $9.03 | $9.12 | +1.0% | Low evidence grade |
All diversified insurance stocks ranked by gap to fair value
Berkshire Hathaway at a glance
Berkshire Hathaway Inc., established in 1998 and headquartered in Omaha, Nebraska, operates as a vast global conglomerate with diverse business interests. Its core operations primarily encompass insurance, freight rail transportation, and utility services.
- Market value
- $1.16T
- Sector
- Financial Services
- Industry
- Diversified Insurance
- Consensus revenue growth, next fiscal year
- +8.6%
- Analysts with estimates
- 3
- Beta to the US market
- 0.02
- First valued by Faircurve
- 4 Jul 2026
How the fair value is worked out: the model prices Berkshire Hathaway on the share price against the net assets on the balance sheet, adjusted for the earnings analysts expect (price to book value), runs 2,000 simulations across its inputs and takes the midpoint. The full method is documented here.
What changed in the latest valuation?
On 24 Oct 2026 the model's fair value for BRK-B was $347.20. As of 31 Oct 2026 it is $345.92, a change of -0.4%. The model revalues every stock it covers each week, and again after an earnings report.
Questions about Berkshire Hathaway's valuation
Is Berkshire Hathaway stock undervalued or overvalued?
Faircurve's model puts BRK-B's fair value at $345.92 a share against a last close of $557.24, as of 31 Oct 2026. The model grades the evidence behind this valuation as low, so no verdict is shown. For banks, insurers and mortgage real estate investment trusts (REITs) the grade looks at how many comparable companies there are and how closely they agree, how wide the range of outcomes is, and whether the model's valuation methods agree with each other. It does not say how likely the fair value is to be right.
What is BRK-B's fair value?
$345.92 a share as of 31 Oct 2026, the midpoint of 2,000 simulations. The model's own 20th to 80th percentile range is $268.48 to $437.38.
What price range does the model give BRK-B?
$280.21 to $413.20 over 63 trading days. Ranges built this way held the price 60% of the time across 10,454 past valuations, refreshed 31 Oct 2026.
When does Berkshire Hathaway report earnings next?
The next report is scheduled for 7 Nov 2026. Companies can move their dates.
How much has BRK-B moved on past earnings reports?
Across its last 8 reports the median two session move was 2.4%, ignoring direction. The largest was -4.7% around the report of 2 Mar 2026.
How confident is the model in this valuation?
The model's evidence grade for BRK-B is low. For banks, insurers and mortgage real estate investment trusts (REITs) the grade looks at how many comparable companies there are and how closely they agree, how wide the range of outcomes is, and whether the model's valuation methods agree with each other. It is not a probability that the fair value is right, or that the price reaches it.
The model's own ideas on BRK-B
The model holds no idea open on BRK-B today. Signed-in readers see the rule each idea runs on, the floor and the exit level the model set and its time limit, and the model's closed ideas on BRK-B with their outcomes. A free account is enough.