BRK-B declined 0.39% to $506.57 as of mid-morning trading on December 2, 2025, underperforming the S&P 500's 0.48% gain and Nasdaq's 1.01% surge despite a risk-on market environment. The stock has faced downward estimate revisions (-31.42% consensus shift) following its Q3 earnings beat, though the company reported strong operating earnings growth of 33.8% year-over-year and increased shareholders' equity to $700.4 billion. Recent disclosure of Berkshire's $2.4 billion Alphabet purchase demonstrates active capital deployment, yet the stock remains pressured by broader valuation concerns and a Zacks Rank #3 (Hold) rating.