UBS Trims Berkshire Hathaway Inc. (BRK-B)’s Price Target to $593, Maintains Buy Rating

Berkshire Hathaway Inc. (NYSE:BRK-B) is among the 14 Best Big Name Stocks to Invest in Right Now. On October 15, UBS lowered the stock’s price target to $593 from $597, while keeping a Buy rating for its shares.

According to a report by TheFly, the analysts told investors that Q3 EPS estimates for the company were raised, reflecting robust insurance performance at BH Re and GEICO. Moreover, the revised outlook forecasts a modest growth in book value and EPS, with shares trading close to their intrinsic value, indicating that no buybacks are expected this quarter.

Despite the cut, the updated price target of $593 reflects an upside potential of over 21%, which is well above the consensus upside estimates of 6.3%.

Berkshire Hathaway Inc. (NYSE:BRK-B) is engaged in diverse business activities, including insurance, utilities and energy, manufacturing, services and retailing, and freight rail transportation. It holds major equity stakes in several large corporations, which have helped cement its reputation as a financially robust enterprise.

However, the stock, which has largely outperformed the broad market index over the past two decades, is trailing the S&P 500 so far this year, with a return of 9.51% versus 13.42%, as of the close on October 15.

According to reports, the firm’s portfolio is highly concentrated in a select group of stocks, which have lagged the market in 2025, contributing to Berkshire Hathaway Inc.’s (NYSE:BRK-B) modest returns. Another contributor has been its large cash position. Over the last few quarters, the company has actively sold stocks to accumulate cash, while warning that the market is trading at a high valuation. The news about Buffett’s retirement at the end of this year has also fueled investor skepticism about the firm’s future.

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Disclosure: None.