Berkshire Hathaway Shares Hit Post-Buffett Peak Under Greg Abel
Berkshire Hathaway shares reached their highest level since Warren Buffett's retirement as investors show increased confidence in CEO Greg Abel.
Shares of Berkshire Hathaway Inc. have reached their highest price since Warren Buffett announced his retirement as CEO in May 2025. The stock rose 3.7% over the past month, a gain driven by a market rotation from volatile technology stocks into safe-haven assets.
Warren Buffett officially stepped down as CEO on January 1, 2026, though he continues to serve as chairman of the board. During the most recent annual meeting, Buffett symbolically sat in the audience to endorse Greg Abel, who led the proceedings. Analysts characterized Abel's debut as operationally sound, noting a contrast between his leadership style and the traditional folksy charm of his predecessor.
Despite the recent peak, the company's stock has risen only 4% this year, trailing the S&P 500's 12.6% advance. This performance gap persists as investors wait for a more aggressive deployment of the conglomerate's cash reserves, which currently exceed $300 billion.