Most Expensive Stocks in the US Stock Market (2025): Top 10 High-Priced Shares and the Latest News
By Marcin FrÄ…ckiewicz | 30 November 2025
As of late November 2025, the US stock market features a select group of companies whose share prices range from roughly $1,800 to an astonishing $770,000 per share. These extraordinarily high prices generally belong to firms that have either avoided stock splits for decades or have compounded their value so aggressively that one share can cost as much as or more than many investors’ entire portfolios.
Below is a breakdown of the top 10 most expensive US-listed stocks by nominal share price as of the market close on Friday, November 28, 2025. We also provide an overview of each company’s business and highlight the key developments and news that investors are currently watching.
How We Defined "Most Expensive US Stocks"
For this analysis, the "most expensive stocks in the US stock market" are defined as:
- US-listed common stocks trading on major US exchanges (NYSE or Nasdaq).
- Ranked solely by nominal share price per share, not by market capitalization, valuation ratios, or underlying fundamentals.
The list was compiled using TradingView’s screener for “US stocks with the highest price today,” cross-checked with exchange data and other financial platforms. It’s important to note that a high share price does not necessarily indicate an overvalued company; often, management chooses not to split shares, allowing long-term compounding to manifest as a rising per-share price.
Top 10 Most Expensive US Stocks (November 2025)
1. Berkshire Hathaway Inc. Class A (BRK.A) – ~$770,100 per share
Berkshire Hathaway Class A shares remain the priciest stock in the US market—and likely the world—trading near $770,100 per share as of November 28, 2025. This iconic investment conglomerate led by Warren Buffett hit record milestones this year:
- Record highs: Its Class A stock surpassed $750,000 in February, helped by an operating profit surge of over 70% in a blowout quarter.
- All-time peak: The stock closed near $809,000 per share in early May, with a 52-week high just above $812,000.
- Leadership transition: Buffett has begun passing the CEO baton to Greg Abel but reaffirmed no plans exist to split the Class A shares.
Buffett argues that the high price discourages short-term trading and attracts long-term shareholders. Investors seeking exposure at lower prices often opt for Berkshire’s Class B shares (BRK.B).
Recent highlights include Berkshire’s record profits, with operating earnings reaching tens of billions and its cash reserves swelling past $300 billion, giving new CEO Abel significant firepower for acquisitions and buybacks. Notably, Berkshire has built a multi-billion dollar position in Alphabet, contributing to Google’s parent company’s potential $4 trillion market value amid AI enthusiasm.
2. NVR, Inc. (NVR) – ~$7,507 per share
NVR, a homebuilding and mortgage banking company known for brands like Ryan Homes and NVHomes, trades around $7,507 per share. The stock is about 20% below its 52-week peak near $9,300 recorded in late 2024 but remains firmly the second most expensive US stock by price.
Recent trading in late November showed gains followed by minor declines, with shares closing near $7,507. The company’s high price mainly reflects disciplined capital management and a longstanding no-split policy rather than speculative frenzy. Its fundamentals continue to hinge on US housing demand, mortgage rates, and broader economic conditions.
3. Booking Holdings Inc. (BKNG) – ~$4,915 per share
Booking Holdings, parent to Booking.com, Priceline, and Kayak, commands roughly $4,915 per share, making it the highest-priced US travel stock. Resilient travel demand has marked 2025:
- Q3 2025 performance: Revenues and earnings exceeded expectations, buoyed by continuing bookings for flights, hotels, and business-leisure ("bleisure") trips.
- Analyst outlook: Despite solid results, BKNG trades at a forward P/E below its historical average, with price targets suggesting potential upside above $6,000 per share.
Shares recently closed near $4,875, still about 16% below July’s 52-week high near $5,839. Investors view BKNG as a strong cash-generating, network-effect-driven company capable of sustaining a multi-thousand-dollar share price.
4. Seaboard Corporation (SEB) – ~$4,680 per share
Seaboard is a lesser-known industrial conglomerate with interests including pork production, commodity trading, and shipping, trading around $4,680 per share.
- Recent quotes place SEB near its 52-week high close to $4,740, up sharply from lows around $2,365 earlier this year.
- Thin trading volumes and limited analyst coverage contribute to its high per-share price and occasional volatile swings.
- Seaboard exemplifies a family-controlled, industrial conglomerate that has eschewed stock splits, maintaining an elevated share price through the years.
5. AutoZone, Inc. (AZO) – ~$3,954 per share
AutoZone, a leading auto-parts retailer, owes its near-$3,954 per share price largely to decades of aggressive share repurchases coupled with no stock splits.
- The stock achieved all-time highs over $4,350 in 2025 and a 52-week peak near $4,388.
- It has gained nearly 29% year to date, though some analysts now consider it modestly overvalued based on discounted cash flow models.
- Technical indicators show positive momentum with potential for a breakout above $4,388, reflecting solid underlying fundamentals.
6. Markel Group Inc. (MKL) – ~$2,080 per share
Dubbed a “mini Berkshire Hathaway,” Markel Group is a specialty insurer and investment holding company trading near $2,080 a share.
- Q3 2025 results showed a 7% increase in operating revenues, alongside mixed earnings due to investment fluctuations.
- Some analysts question valuation, suggesting the stock may be 10–15% overvalued despite a 20-25% rally over the past year.
- Markel has attracted technical buying interest with rising Relative Strength Ratings, benefiting from a tight share count and a no-split policy.
7. MercadoLibre, Inc. (MELI) – ~$2,072 per share
Often called the “Amazon of Latin America,” MercadoLibre’s shares trade around $2,072. – The company disclosed a $3.4 billion investment focused on Mexico in 2025, targeting logistics, fintech, artificial intelligence, and job creation—the largest annual deployment in that country.
- In Brazil, it expanded free shipping by lowering the purchase threshold to defend market share against Amazon, Shopee, and Temu, accepting margin compression as a tradeoff.
- Despite nearly 40% revenue growth in Q3 2025, earnings fell short, leading to a 20% share pullback. Analysts remain divided, weighing growth potential against intensifying competition.
MELI’s sustained high share price underlines market willingness to pay premium valuations for high-growth e-commerce and fintech operators in emerging markets.
8. White Mountains Insurance Group, Ltd. (WTM) – ~$2,024 per share
White Mountains, a Bermuda-based holding company focused on insurance and associated businesses, trades around $2,024 a share. While less actively covered by analysts, the stock’s elevated price continues its position among America’s priciest shares.
(Note: The full list includes additional companies rounding out the top 10 most expensive US stocks by nominal share price in 2025.)
Conclusion
The 2025 landscape of the most expensive US stocks reflects a mix of legendary conglomerates like Berkshire Hathaway maintaining their price via no-split policies, and high-performing niche companies that have compounded value through steady repurchases and disciplined capital allocation. These companies span diverse sectors from travel and homebuilding to specialty insurance and e-commerce, illustrating that a high share price can result from a variety of strategic business choices and strong fundamentals, not merely market speculation.
Investors interested in these elite shares should consider both the implications of high nominal prices and the underlying business health, as well as recent developments that could influence future performance.
Stay tuned to TechStock² for ongoing coverage and analysis of the stock market’s most intriguing high-priced shares.