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insurance businesses hold $359 bn in cash

insurance businesses hold $359 bn in cash

Berkshire Hathaway (NYSE: BRK.B) enters the final months of 2026 with investment bank forecasts divided over its valuation. UBS expects the shares to reach $628 over the next 12 months, while other analysts see limited upside or a possible correction following the stock’s recent gains.

As of October 29, 2026, the consensus 12-month price target is $555.67, compared with Berkshire’s October 28 closing price of $540.34. That represents potential appreciation of 2.8%. The published forecast range runs from $510 to $628, with two analysts recommending Buy and two assigning Hold ratings.

  • UBS raised its Berkshire Hathaway BRK.B price target to $628, implying 16.2% upside, while DA Davidson maintains a $592 target.
  • The…

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