Berkshire Hathaway (BRK-B)
NYSEFinancialsInsurance - DiversifiedSnapshot 2026-11-04
$572.33-1.17%
Close 2026-11-05 · 1-day change
NYSEFinancialsInsurance - DiversifiedSnapshot 2026-11-04
QuarterlyIQ Insights · BRK-B
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 8.1% |
| Our one-year growth estimate | diamond | 5.6% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
No outside relationship met the current evidence threshold.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 2.4 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-04 · Compared with 3 industry peers · Company calendar date is not available
BRK-B — CFO transition
Dated 2026-05-07
Chief Financial Officer — Marc D. Hamburg: Charles C. Chang will succeed Marc D. Hamburg as Berkshire’s Chief Financial Officer on June 1, 2026.
Why it matters: Operating earnings rose to $11.35 billion in Q1 from $9.64 billion a year ago. Another gain would show strength beyond stock price swings.
Supportive ifQ2 2026 operating earnings exceed $11.35 billion, the Q1 2026 result.
Worry ifQ2 2026 operating earnings fall below $9.64 billion, the Q1 2025 result.
Why it matters: The planned CFO handoff is a named leadership change. A smooth start would support confidence in Berkshire's financial reporting.
Supportive ifBerkshire confirms Charles Chang became CFO on June 1, 2026, with no reported delay.
Worry ifBerkshire reports a delay or names a different CFO before the handoff.
Why it matters: Insurance underwriting profit rose year over year in Q1. A sharp drop would reverse that gain and weigh on operating earnings.
Worry ifQuarterly insurance profit from underwriting falls below $1.34 billion. This was the Q1 2025 result.
Less concerning ifQuarterly insurance profit from underwriting stays at or above $1.72 billion. This was the Q1 2026 result.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$51 on $10,000 · ±0.5% | How much price usually moves either way. |
| Bad day | $142 loss on $10,000 · 1.4% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $942 loss on $10,000 · 9.4% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.