OMAHA, Neb. — Berkshire Hathaway Inc. (NYSE: BRK.B) stands out as a compelling buy for patient, long-term investors in 2026, even as the conglomerate navigates the transition to new CEO Greg Abel and faces questions about deploying its massive cash reserves amid elevated market valuations. With a fortress balance sheet, diversified operating businesses and a proven ability to compound capital over decades, Berkshire continues to appeal to value-oriented investors seeking stability in an uncertain economic environment.

Class B shares have traded around $465–$475 in early May, reflecting modest year-to-date performance compared to broader indices. Yet analysts largely view current levels as attractive given the company's intrinsic value, with average 12-month price targets clustering near $525, implying roughly 10–12% upside. Consensus ratings lean toward Hold to Buy, with several firms highlighting Berkshire's resilience and capital allocation discipline under Abel's leadership.

Berkshire reported strong first-quarter 2026 operating earnings of $11.35 billion, up 18% from the prior year, driven by improved insurance underwriting, railroad performance and manufacturing results. The headline figure was a record cash position exceeding $397 billion at quarter-end, underscoring the challenge of finding sufficiently........

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