Berkshire Hathaway (BRK-A) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- $9038.30
- Estimate
- $7499.77
- Surprise
- +20.5%
- Revenue (period 2026-06-30)
- $70.11B
- Score at report (before → after)
- 6.0 → 5.9/10
Revenue source: xbrl.
How the report landed
Berkshire Hathaway (BRK-A) beat the $7499.77 estimate with adjusted EPS of $9038.30 — a large 20.5% upside surprise. TrendMatrix's engine moved from Buy (Wait) (6.0/10) to Sell at 5.9/10 after the report — the engine's score fell despite the beat.
Where TrendMatrix's rating stands now
TrendMatrix currently rates BRK-A Sell at 6.2/10.
1 of the last 4 quarters beat the estimate; this quarter's +20.5% surprise compares with a +0.3% four-quarter average. Next scheduled report: 2026-11-07.
What supports the rating
- Sector modifier (Financial Services): +1.0
- Attractive valuation
What argues against it
- Cyclical risk: PE expanding 1.8x (earnings normalizing)
- Analyst target reached - limited upside remaining
- Consecutive earnings misses (2)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $759200.00
- Price target
- $873080.00
- Stop
- $740281.66
- Upside to target
- +15.0%
Forward estimates sit below the trailing run-rate (22.8× forward vs 12.7× trailing) — consensus expects earnings to decline from here.
Model outputs from TrendMatrix’s engine as of 2026-09-24 — shown for context, not personalized investment advice.
BRK-A at TrendMatrix's latest read
For financials, the EPS print is only half the story: credit costs, reserve builds, and rate sensitivity decide how a quarter actually lands.
- Industry
- Insurance - Diversified
- Market cap
- $1091.79B
- P/E (fwd)
- 22.8
- P/E (ttm)
- 12.7
- 52-week range
- $698000.00–$806103.00
- Off 52-week high
- 5.8%
- RSI (14)
- 47
- Volume vs avg
- 0.74×
- Score today
- 6.2/10