Warren Buffett’s Berkshire Hathaway Holds Its Annual Meeting Saturday—What You Need To Know

• Warren Buffett’s Berkshire Hathaway is set to hold its annual shareholder meeting and release its first-quarter financial results on Saturday.

• Investors will be watching closely to see what the “Oracle of Omaha” has to say amid economic uncertainty.

• UBS analysts recently boosted their earnings and stock price targets for Berkshire Hathaway, calling it a “safe haven in a turbulent environment.”

Warren Buffett’s Berkshire Hathaway (BRK.A, BRK.B) is slated to hold its annual shareholder meeting and release its first-quarter financial results on Saturday.

The event, dubbed the “Woodstock for Capitalists,” draws tens of thousands of visitors each year, and amid economic uncertainty in the face of President Trump’s shifting tariff policies, many investors will be watching closely to see what the “Oracle of Omaha” has to say.

Earlier this month, Berkshire issued a statement dismissing comments allegedly made by Buffett on social media following speculation he had endorsed Trump’s tariffs, and the legendary investor told CNBC he wouldn’t comment further on the economy or markets until Berkshire’s meeting.

That’s after Buffett in March called tariffs an “act of war” in a televised interview with CBS News.

“Over time, they’re a tax on goods,” he said, adding “I mean, the Tooth Fairy doesn’t pay ’em! And then what? You always have to ask that question in economics. You always say, ‘And then what?'”

While the S&P 500 is down about 4% year-to-date amid heightened market volatility, Berkshire’s shares have added close to 19%.

UBS analysts recently boosted their earnings and stock price targets for Berkshire Hathaway, calling it a “safe haven in a turbulent environment.”

“While BRK’s shares have meaningfully outperformed YTD and are trading near historical high valuations, given its substantial cash position and generally defensive business mix, we believe its shares deserve a premium in the current uncertain economic environment,” they said.

CFRA analysts, however, warned that a weakening economy “would likely dampen demand for many of BRK’s products.” They issued a “hold” rating for Berkshire, in contrast to UBS’ “buy” rating.

CFRA also pointed to Buffett’s age, at 94, as a risk factor. While Berkshire has not formally announced a successor yet, Buffett said in his annual letter to shareholders in February that “it won’t be long before Greg Abel replaces me as CEO.”

Investors will also focus their attention on Berkshire’s cash pile, which swelled to a record $334.2 billion at the end of 2024, and how Buffett might deploy it—or keep adding to it. Buffett said last year that “things aren’t attractive,” with a dearth of options that would satisfy Berkshire’s criteria.