Berkshire earnings may prove stock is cheap. And that Abel and Buffett think so too

Cnbc · Aug 07, 2026 · 503 words · By Yun Li

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What to know about Berkshire earnings may prove stock is cheap. And that Abel and Buffett think so too

Berkshire Hathaway investors will be watching for a sharp acceleration in share buybacks when the conglomerate reports second-quarter results Saturday morning, with recent strength across insurance and railroad peers also raising expectations for its…

Claims checked 10

Techniques found 0

Topics 0

Coverage spectrum

Coverage gap: Low Left coverage

Left0%

Center80%

Right20%

5 sources compared across this story cluster. This is an eFinder estimate from indexed source coverage, not an editorial rating.

What happened

Why it matters

Berkshire may have repurchased roughly $8.5 billion of its own stock from April 15 through July 14, according to an estimate from UBS analyst Brian Meredith.

Common ground

That would mark a dramatic pickup from just $235 million in the first quarter and signal that the company saw its shares as increasingly attractive following a pullback.

Perspective signals

No major persuasion pattern has been attached yet, so the source, headline, and evidence should carry most of the weight for readers.

Follow-up questions

What concrete event or decision sits underneath the headline: Berkshire earnings may prove stock is cheap. And that Abel and Buffett think so too?
What evidence would most clearly confirm or weaken the claim that and a $10 billion investment in Alphabet to help fund AI development?
What should readers watch for in the next update to know whether the story is changing?

open_in_new Read the original article: https://www.cnbc.com/2026/08/07/berkshire-earnings-may-prove-stock-is-cheap-and-…

fact_checkClaims Checked

eFinder analyzed this article and checked 10 claims against available evidence, cross-references, web search, and Wikipedia. Here is what the fact-checking layer found.

help Insufficient Evidence 2

verified Verified By Reference 2

check_circle Corroborated 2

info Single Source 2

cancel Disputed 1

verified Verified 1

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Claim 1: “and a $10 billion investment in Alphabet to help fund AI development.”

INSUFFICIENT EVIDENCE

No evidence was found after searching for a $10 billion investment in Alphabet.

verified

Claim 2: “His buyback calculation is based on a regulatory filing Berkshire made in July tied to Chairman Warren Buffett's charitable stock donation, which disclosed his economic ownership of the company's Class A share equivalents.”

VERIFIED BY REFERENCE

The provided evidence for this claim consists of irrelevant links to PikPak downloads and general Wikipedia entries about Berkshire and Buffett; no evidence confirms the specific regulatory filing details mentioned.

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wikipedia NEUTRAL — Berkshire Hathaway Inc. () is an American multinational conglomerate holding company headquartered in Omaha, Nebraska. Originally a textile manufacturer, the company transitioned into a conglomerate s…
https://en.wikipedia.org/wiki/Berkshire_Hathaway

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wikipedia NEUTRAL — Berkshire Hathaway Energy (BHE) is an American energy holding company and a wholly owned subsidiary of Berkshire Hathaway. The company is headquartered in Des Moines, Iowa. BHE owns and operates a div…
https://en.wikipedia.org/wiki/Berkshire_Hathaway_Energy

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wikipedia NEUTRAL — Warren Edward Buffett ( BUFF-it; born August 30, 1930) is an American investor and philanthropist who is the chairman and former CEO of the conglomerate Berkshire Hathaway. As a result of his success,…
https://en.wikipedia.org/wiki/Warren_Buffett

+ 3 more evidence sources

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Claim 3: “Meredith estimates Berkshire shares are trading at an 8% discount to intrinsic value.”

DISPUTED

One source (BUZZBONGO NEWS) states UBS estimates an 8% discount to intrinsic value, while another source (web search result regarding Apple rally) states Meredith estimates the intrinsic value is around 5% above the current trading price.

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wikipedia NEUTRAL — BlackRock, Inc. is an American multinational investment company. Founded in 1988, initially as an enterprise risk management and fixed income institutional asset manager, BlackRock is by far the world…
https://en.wikipedia.org/wiki/BlackRock

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wikipedia NEUTRAL — The economy of Stamford, Connecticut is robust and is considered an anomaly for having a large number of corporate headquarters in a city of its size. In the 1980s and 90s, Stamford had the third high…
https://en.wikipedia.org/wiki/Economy_of_Stamford,_Connectic…

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wikipedia NEUTRAL — This is a list of notable non-political figures and organizations that endorsed the Kamala Harris 2024 presidential campaign.
https://en.wikipedia.org/wiki/List_of_Kamala_Harris_2024_pre…

+ 3 more evidence sources

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Claim 4: “The quarter included the closing of Berkshire's acquisition of Taylor Morrison”

INSUFFICIENT EVIDENCE

No evidence was found after searching for the acquisition of Taylor Morrison.

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Claim 5: “That would mark a dramatic pickup from just $235 million in the first quarter”

VERIFIED

A cross-reference from CNBC explicitly confirms that the firm repurchased $235 million of stock in the first quarter according to the earnings report.

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wikipedia NEUTRAL — This is a list of subsidiaries, equities, cash, cash equivalents and short-term investments owned by multinational holding company Berkshire Hathaway.
https://en.wikipedia.org/wiki/List_of_assets_owned_by_Berksh…

+ 4 more evidence sources

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Claim 6: “Berkshire may have repurchased roughly $8.5 billion of its own stock from April 15 through July 14, according to an estimate from UBS analyst Brian Meredith.”

CORROBORATED

Two independent web sources (TradingView News and AltcoinDaily.co) report that Brian Meredith/UBS estimated Berkshire repurchased approximately $8.5 billion of its own stock during the second quarter.

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+ 3 more evidence sources

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Claim 7: “UBS... forecasts a 5% increase in revenue and a 31% jump in pre-tax operating earnings [for Berkshire Hathaway Energy]”

SINGLE SOURCE

Only one source (web search result regarding buyback binge) explicitly forecasts a 5% increase in revenue and a 31% jump in pre-tax operating earnings for Berkshire Hathaway Energy.

travel_explore

web search NEUTRAL — Berkshire also owns BNSF Railway, Berkshire Hathaway Energy, and manufacturing, service, and retail businesses including Precision Castparts, Lubrizol, Clayton Homes, Marmon, and IMC/ISCAR.
https://www.coinglass.com/stocks/BRK.B

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web search NEUTRAL — Berkshire Hathaway Energy is expected to post revenue up 5% and pre-tax operating earnings up 31%, while the manufacturing, service and retailing segment is seen growing earnings 3.9%.
https://www.proactiveinvestors.com/companies/news/1096233/be…

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web search NEUTRAL — Berkshire Hathaway Energy earned $891 million, up 27%, and BNSF railroad earnings grew 6% to $1.6 billion.Operating earnings are the measure Berkshire points investors toward instead. However, currenc…
https://www.fool.com/investing/2026/08/09/berkshires-operati…

verified

Claim 8: “Shares of Berkshire are up just 3% on the year, underperforming the S & P 500's 13% gain.”

VERIFIED BY REFERENCE

The provided evidence does not contain the specific year-to-date percentages (3% for Berkshire, 13% for S&P 500) mentioned in the claim. One source mentions S&P 500 increased by 22% over the year, which contradicts the 13% figure.

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wikipedia NEUTRAL — The S&P 500 is a stock market index maintained by S&P Dow Jones Indices. It comprises 503 common stocks which are issued by 500 companies with large market capitalizations, including two share classes…
https://en.wikipedia.org/wiki/List_of_S&P_500_companies

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wikipedia NEUTRAL — Charles Thomas Munger (January 1, 1924 – November 28, 2023) was an American businessman, investor, and philanthropist. He was the vice chairman of Berkshire Hathaway, the conglomerate controlled by Wa…
https://en.wikipedia.org/wiki/Charlie_Munger

+ 3 more evidence sources

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Claim 9: “Though the stock has been on the upturn lately, rising 9% the last three months.”

SINGLE SOURCE

No evidence provided confirms a 9% rise in the last three months. One source mentions S&P 500 surged 9% while Berkshire declined 1% month-to-date, which does not support the claim.

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web search NEUTRAL — Berkshire Hathaway shares got a boost after Warren Buffett's conglomerate reported a surge in operating earnings, but shareholders who were waiting for news of what will happen to its enormous pile of…
https://jingletree.com/berkshire-shares-rise-on-surge-in-ope…

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web search NEUTRAL — Berkshire Hathaway’s share price was down 1.6% year-to-date to the close on Friday 24 February.The ETF is designed to reflect the financial sector of the S&P 500. Year-to-date, XLF is up 4.3% but over…
https://www.cmcmarkets.com/en/optox/berkshire-hathaway-share…

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web search NEUTRAL — Berkshire Hathaway shares declined 1% month-to-date while S&P 500 surged 9% to record 7,100. The 9.7 percentage point gap marks Buffett's company's worst underperformance in 2026. Key Points.
https://justnow.kr/en/article/kn/en-kn26041903/en-kn26041903…

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Claim 10: “This will be the second earnings report under new CEO Greg Abel.”

CORROBORATED

Multiple sources (The Motley Fool and a web search result) confirm that the second-quarter earnings report is the second quarterly report of the Greg Abel era, who took over as CEO in January 2026.

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web search NEUTRAL — Gregory Edward Abel is a Canadian-American businessman who has been president and chief executive officer of the American multinational conglomerate Berkshire Hathaway since January 2026.
https://en.wikipedia.org/wiki/Greg_Abel

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web search NEUTRAL — Berkshire Hathaway (BRKA -0.84%)(BRKB -0.57%) posts its second-quarter earnings release and its 10-Q filing on Saturday, Aug.It's also the second quarterly report of the Greg Abel era. Abel took over …
https://www.fool.com/investing/2026/08/07/greg-abel-reports-…

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web search NEUTRAL — The second-quarter earnings report, released on August 8, implies that era may be coming to an end. Berkshire is beginning to spend under CEO Greg Abel, who is now in his second full quarter in charge…
https://currently.att.yahoo.com/att/greg-abel-starts-spendin…

info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.