Are Wall Street Analysts Predicting Berkshire Hathaway Stock Will Climb or Sink?

Valued at a market cap of $1 trillion, Berkshire Hathaway Inc. (BRK.B) owns a diverse range of businesses across sectors, including insurance, energy, railroads, manufacturing, consumer goods, and retail. The Omaha, Nebraska-based company also maintains a substantial equity investment portfolio. 

This multinational conglomerate has lagged behind the broader market over the past 52 weeks. Shares of BRK.B have gained 11.1% over this time frame, while the broader S&P 500 Index ($SPX) has surged 21.1%. Moreover, on a YTD basis, the stock is up 3.5%, compared to SPX’s 7.9% uptick.