Berkshire Hathaway Inc. (BRK-B)
Estimates & Forecasts•Proprietary EPS, revenue & margin forecasts — FY+1 to FY+4
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BRK-B Price Targets Summary| Metric | 2023 | 2024 | 2025 | 2026E | 2027E | 2028E | 2029E |
|---|---|---|---|---|---|---|---|
| Net Income | $96.2B | $89.0B | $67.0B | $70.9B | $73.9B | $82.7B | $87.2B |
| EPS (Diluted) | $44.27 | $41.27 | $31.04 | $32.87 | $34.23 | $38.31 | $40.36 |
| YoY Growth | — | -7.5% | -24.8% | +5.9% | +4.2% | +12.0% | +5.4% |
| Net Margin | 26.4% | 24.0% | 18.0% | 18.2% | 18.3% | 19.5% | 19.5% |
USD · BRK-B · Proprietary Model| Metric | 2025A | 2026E | 2027E | 2028E | 2029E |
|---|---|---|---|---|---|
| Revenue | $371.4B | $388.9B | $403.4B | $424.6B | $446.5B |
| Net Income | $67.0B | $70.9B | $73.9B | $82.7B | $87.2B |
| EPS (Diluted) | $31.04 | $32.87 | $34.23 | $38.31 | $40.36 |
| Free Cash Flow | $25.0B | $22.6B | $23.5B | $24.8B | $26.2B |
Forecast is usable, but expect normal estimate drift around earnings and macro events.
Quick answers to the most common questions about buying BRK-B stock.
Berkshire Hathaway Inc.'s projected EPS for the next fiscal year is $32.87. This estimate blends our quantitative model with Wall Street analyst consensus and carries a confidence score of 56/100. The model factors in revenue trajectory, margin path, and share buyback trends to arrive at this figure.
Our scenario-based model produces three price targets for Berkshire Hathaway Inc.: Bear case $326, Base case $513, and Bull case $759. These targets are derived by applying the median historical P/E ratio to forward EPS estimates under each growth scenario. They are not buy/sell recommendations.
Berkshire Hathaway Inc.'s projected revenue growth for the next fiscal year is 3.6%, reaching approximately $388.9B in total revenue. Growth estimates are probability-weighted and blend analyst consensus with our CAGR extrapolation model. Outer years (FY+3, FY+4) fade toward industry median growth rates.
Accuracy depends on several measurable factors. Our model confidence score of 56/100 is computed from revenue predictability (25% weight), margin stability (20%), historical earnings beat rate (20%), data depth (15%), analyst coverage (10%), and model-consensus agreement (10%). Currently expanding margins support higher forecast reliability. No forecast model is perfect — always cross-reference with your own analysis.
Berkshire Hathaway Inc.'s forward operating margin is estimated at 16.2% for the next fiscal year. The margin trend is currently "expanding". Our model tracks margin mean-reversion patterns and adjusts for sector-specific cost dynamics. Operating leverage is a key driver of EPS growth beyond top-line revenue expansion.
The v2 model uses a multi-step process: (1) Revenue is projected via blended CAGR with probability weighting, (2) Operating and net margins follow a mean-reversion path calibrated to sector norms, (3) EPS is derived from net income divided by projected diluted shares (accounting for buyback trends), (4) For FY+1 and FY+2, estimates are blended with analyst consensus based on coverage depth, (5) Price targets apply median historical P/E to forward EPS under bear/base/bull growth scenarios. All inputs are from public filings and third-party data providers.
The bear case ($326) assumes P25 revenue growth, worst-case margins, and multiple compression. Key risks include: unexpected margin contraction, revenue deceleration below model floor, regulatory headwinds, macro deterioration, or competitive disruption. A confidence score below 60 suggests higher estimate volatility. Always size positions according to the full scenario range, not just the base case.
Our model is above Wall Street consensus with a 59.3% gap. For FY+1, analyst estimates blend with our model at 15% analyst weight. By FY+3 and FY+4, estimates are purely model-driven as analyst coverage thins out at longer horizons.