Nov 4 close
Berkshire Hathaway approaches its third-quarter earnings release with insurance underwriting and BNSF Railway performance under scrutiny; Morningstar anticipates a mid- to high-single-digit increase in operating earnings year-over-year despite expected weaker insurance underwriting results. Separately, Berkshire has added to its Sirius XM stake, buying nearly a million shares at prices above what it paid last year following Sirius XM's better-than-expected third-quarter earnings, a move drawing attention given the proximity to Berkshire's own results. Other coverage this week highlights Berkshire's longest-held positions, including a Coca-Cola dividend stream set to deliver $848 million in 2026, and notes new CEO Greg Abel's recent stock picks amid the shares touching new all-time highs.
BRK.B closed at $579.09, up 4%, sitting above both its 50-day ($518.89) and 200-day ($496.85) moving averages, with the 50-day above the 200-day. The stock trades near its 52-week high of $580.65. The GekkoIndex reading of 35.5 places it in the Distribution zone, down 9.4 over five days. Price sits 8.8% above Gekko Fair Value of $532.07.
Earnings are due on 7 November 2026, just 2 days away and inside a typical 20-trading-day holding window. Over the last 90 days, insiders made 15 open-market purchases, and Congress reported 3 buys and 0 sales. Seasonality from this point in the calendar has averaged a 3.1% gain over the next 20 trading days across 5 years, rising in 4 of them. The consensus analyst target stands at $555.67, implying a -4% consensus upside from current levels.
Written by AI from the Nov 4, 2026 close and checked automatically against the figures on this page.
Berkshire Hathaway scores 3 supportive, 0 mixed and 3 headwinds across the 6 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
3 supportive0 mixed3 headwinds
Above 50 and 200-day
Close $579.09 is above the 50-day ($518.89) and 200-day ($496.85) averages, and the 50-day is above the 200-day.
See the chart35.5, Distribution
Reading 35.5 is in the Distribution zone.
See the GekkoIndex8.8% above
Price is 8.8% above Gekko Fair Value (more than 5% above).
See fair valueLeans bullish
Last 90 days: 15 open-market insider purchases; Congress 3 buys / 0 sales.
See smart moneyReports in 2 days
Reports on Nov 7, 2026, 2 days away — inside a typical 20-trading-day hold.
See earnings+3.1% on average
From this point in the calendar, the next 20 trading days averaged +3.1% over 5 years, rising in 4 of them.
See seasonalityA description of current data, not a recommendation. How this page works
Berkshire Hathaway closed at $579.09 on Nov 4, 2026, +21.7% over the past year, inside a 52-week range of $464.01 to $580.65.
Use the left and right arrow keys to read daily values.
Put BRK.B on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.
Berkshire Hathaway sits atop a sprawling collection of companies rather than a single line of business. Its main activities center on insurance, freight rail and utilities, with insurance coverage stretching across property, casualty, life, accident and health lines, and its railway holdings moving freight throughout North America. The firm is most recognized for holding such a mix of unrelated ventures under one corporate umbrella.
Its energy operations produce and deliver power drawn from gas, coal, wind, sun, water, nuclear reactions and geothermal heat, plus gas pipelines, storage sites, LNG facilities and coal mining interests. Factories under its control turn out candy, chemicals, cutting tools, flooring, insulation, roofing, paint and brick, along with aerospace and power-generation parts made from metals like cobalt, nickel and titanium. Elsewhere it builds homes and lends money to buyers, makes RVs, clothing, shoes, jewelry and batteries, ships electronic parts, franchises quick-service eateries, moves groceries and food supplies, trains pilots and shares aircraft, and sells cars, furniture, appliances, electronics and housewares through its retail arm.
The company is based in Omaha, Nebraska, and dates back to 1998. Its stock trades on the NYSE under the ticker BRK.B.
Berkshire Hathaway’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 35.5, in the Distribution zone, down 9.4 points over five sessions.
Down 9.4 points over five sessions.
Reading for Nov 4, 2026
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying | 3 | Too few readings yet | |||
| Accumulation | 36 | +1.1% | +3.8% | ||
| Neutral | 72 | +0.3% | +1.7% | ||
| Distribution (current zone) | 21 | −0.1% | −1.4% | ||
| Selling | 4 | Too few readings yet | |||
Average BRK.B share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Distribution readings averaged +1.2% over 20 days. Past behaviour doesn’t guarantee future results.
Distribution zone: Institutions potentially offloading. About the five zones →
Berkshire Hathaway trades 8.8% above Gekko Fair Value of $532.07, so the shares are overvalued on Gekko’s estimate.
Gekko’s own estimate of what Berkshire Hathaway shares are worth, recalculated every trading day.
$532.07
Gekko Fair Value, Nov 3, 2026
8.8% Overvalued
At the end of Aug 2026 the price was 5.0% below the estimate.
Insiders filed 15 open-market purchases in Berkshire Hathaway worth $212.5M, and members of Congress disclosed 3 purchases and 0 sales, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
$212.5Min 15 open-market purchases
| Filed | Insider | Type | Value |
|---|---|---|---|
| Sep 21 | BERKSHIRE HATHAWAY INC 10 percent owner | Purchase | $93.08M |
| Sep 21 | BERKSHIRE HATHAWAY INC 10 percent owner | Purchase | $37.72M |
| Sep 21 | BERKSHIRE HATHAWAY INC 10 percent owner | Purchase | $32.57M |
| Sep 21 | BERKSHIRE HATHAWAY INC 10 percent owner | Purchase | $20.98M |
| Sep 21 | BERKSHIRE HATHAWAY INC 10 percent owner | Purchase | $12.38M |
From Form 4 filings, dated to when each was filed.
3trades disclosed: 3 purchases and 0 sales.
| Member | Amount | Disclosed |
|---|---|---|
| Rich McCormick House, GA, purchase | $1,001 - $15,000 | Oct 15 traded Sep 18 |
| Ro Khanna House, CA, purchase | $1,001 - $15,000 | Oct 9 traded Sep 2 |
| Maria Elvira Salazar House, FL, purchase | $1,001 - $15,000 | Sep 10 traded Aug 7 |
From congressional disclosures, which report amounts as ranges.
6of the funds Gekko tracks hold BRK.B.
Berkshire Hathaway reports on Nov 7, 2026 (2 days away).
Nov 7, 2026
2 days away
Analysts’ average 12-month price target for Berkshire Hathaway is $555.67, −4.0% from the last close.
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
Over the next 20 trading days from Nov 4, Berkshire Hathaway averaged +3.1% across the last 5 years, rising in 4 of them.
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | +2.8% | 3 of 5 |
| Next 10 trading days | +3.6% | 4 of 5 |
| Next 15 trading days | +4.5% | 4 of 5 |
| Next 20 trading days | +3.1% | 4 of 5 |
| Next 30 trading days | +3.0% | 5 of 5 |
For scale, BRK.B’s typical 20-trading-day move in either direction is about 2.8%.
Berkshire Hathaway’s market cap is $1.24T, with a P/E ratio of 13.6 and revenue of $384.7B over the last twelve months.
Coverage of Berkshire Hathaway this week reads neutral: 0 positive, 3 neutral and 0 negative headlines.
Berkshire Hathaway’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| BRK.ABerkshire Hathaway | Distribution | 10.1% above |
| CBChubb | Neutral | 5.1% above |
| TRVTravelers Companies | Neutral | 8.8% above |
| HIGHartford Insurance | Neutral | 0.0% above |
| MKLMarkel | Neutral | 4.6% above |
| LLoews | Neutral | 25.2% above |
A peer links to its own page where one exists.
Berkshire Hathaway’s market cap is $1.24T at the Nov 4, 2026 close of $579.09, with 1.41B shares outstanding. The shares trade on a P/E ratio of 13.6.
The consensus analyst 12-month price target for Berkshire Hathaway is $555.67, −4.0% from the last close. Gekko doesn’t publish price predictions of its own.
On Gekko’s estimate Berkshire Hathaway is overvalued: the Nov 4, 2026 close of $579.09 is 8.8% above Gekko Fair Value of $532.07. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
Berkshire Hathaway is expected to report on Nov 7, 2026 (2 days away). Analysts expect earnings of $5.88 per share on revenue of $101.0B.
Berkshire Hathaway’s 52-week high is $580.65 and its 52-week low is $464.01; it closed at $579.09 on Nov 4, 2026, +21.7% over the past year.
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 6 items with data read as supportive (trend, smart money and seasonality) and 3 as headwinds (gekkoindex, fair value and earnings risk). The checklist is a description of current data, not a recommendation.
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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