Berkshire Hathaway May Continue Underperforming In 2026 (Rating Downgrade)

Steven Fiorillo
40.43K Followers

Summary

  • Berkshire Hathaway is downgraded from bullish to neutral, citing likely underperformance versus the S&P 500 in a risk-on, tech-led 2026.
  • BRK.B's portfolio is heavily weighted toward cash, Treasuries, and non-tech operating businesses, limiting upside as rates fall and growth stocks lead.
  • Declining Treasury yields will erode BRK.B's investment income, while its equity portfolio is underexposed to mega-cap technology relative to the S&P 500.
  • I await evidence of strategic shifts under Greg Abel, especially toward technology allocations, before reconsidering a bullish stance on BRK.B.

Berkshire Hathaway Office in Ponta Delgada

Brycia James/iStock Unreleased via Getty Images

Berkshire Hathaway (BRK.B) is one of the most unique companies in the market, as it has amassed over $1 trillion in total assets, which includes more than 60 operating companies

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About BRK.B Stock

SymbolLast Price% Chg
BRK.B
500.510.11%
Post500.10-0.08%
Chart
Combination chart with 2 data series.
The chart has 1 X axis displaying Time. Data ranges from 2025-12-18 09:30:00 to 2025-12-23 16:00:00.
The chart has 1 Y axis displaying values. Data ranges from 495.64 to 504.91.
End of interactive chart.
Market Cap
$1.08T
PE (FWD)
23.49
Yield
-
Rev Growth (YoY)
0.60%
Short Interest
0.95%
Prev. Close
$499.95