Berkshire Hathaway stock holds steady as Buffett succession plan advances

Published on 09/19/2026 at 17:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Berkshire Hathaway stock closed at USD 763,600 on September 18, 2026 on the NYSE as Warren Buffett’s succession framework took another step with Howard Buffett elected chairman. The shares trade below some fair value estimates while buybacks and cash levels shape the investor debate.

BRK.A, US0846701086, Illustration mit AI erstellt.

Berkshire Hathaway Inc. stock (ISIN US0846701086) closed at USD 763,600 per Class A share on the New York Stock Exchange on September 18, 2026, leaving the conglomerate’s market value near the USD 1.1 trillion mark as succession plans around Warren Buffett move into a new phase.

Succession structure and governance shift

As of September 19, 2026, Berkshire’s governance transition is in focus after Warren Buffett took another step back by handing the chairman role to his son Howard Buffett while Greg Abel continues as chief executive officer, a move highlighted by CNBC on September 19, 2026.

According to Morningstar on September 18, 2026, analysts see the succession framework and board structure as designed to keep Berkshire from straying from Buffett’s long-established culture and capital-allocation philosophy.

Recent financial figures and buybacks

In the second quarter of 2026, Berkshire Hathaway repurchased USD 4.5 billion of its own shares, underscoring management’s view that the stock traded below intrinsic value during the period, as reported by CNBC in its September 19, 2026 coverage of Berkshire.

Analysts at Morningstar state that their fair value estimate for Berkshire stands at USD 765,000 per Class A share as of September 18, 2026, only modestly above the recent closing level of USD 763,600, implying a discount of roughly 0.2% to their assessment of intrinsic value.

Analyst views and valuation context

The modest gap between the USD 765,000 fair value estimate and the USD 763,600 Class A closing price on September 18, 2026 suggests that Berkshire Hathaway stock is trading close to what Morningstar regards as its intrinsic worth, leaving limited implied upside on that specific valuation yardstick while still signaling that management’s recent USD 4.5 billion in buybacks were conducted near fair value levels.

While specific price targets for the Class A shares are less common, valuation commentary such as Morningstar’s reinforces the idea that Berkshire Hathaway stock offers a mix of high-quality operating businesses and a large cash position, with the latter described as having grown despite increased investments in equities and renewed acquisition and repurchase activity, according to Morningstar.

Stock performance and trading range

Per recent market data, Berkshire Hathaway Class A shares closed at USD 763,600 on the NYSE on September 18, 2026, with an intraday move of approximately minus 0.04% reported in same-day snapshots and a prior closing level near USD 766,818 earlier in the week, which places the latest price slightly below that prior high watermark.

At this price level, Berkshire Hathaway stock trades not far from the USD 765,000 fair value estimate referenced by Morningstar on September 18, 2026, while remaining a fraction below that benchmark, a small but concrete comparison that investors may weigh against the scale of the USD 4.5 billion share repurchases in Q2 2026.

Berkshire Hathaway stock price as of last close

As of the last completed trading day on September 18, 2026, Berkshire Hathaway Class A stock closed at USD 763,600 on the New York Stock Exchange, with trading volumes consistent with its high nominal share price and a market capitalization in the vicinity of USD 1.1 trillion, positioning the company among the most valuable listed businesses in the world.