Most Expensive Stocks in the US Stock Market (2025): Top 10 High-Priced Shares and the Latest News

As of late November 2025, the most expensive stocks in the US stock market by share price range from roughly $1,800 to more than $770,000 per share. These eye‑watering prices belong to a small club of companies that have either avoided stock splits for decades or compounded value so aggressively that each individual share now costs more than many small investors’ entire portfolios. ^[1]

Below, we break down the top 10 most expensive US‑listed stocks by current price, explain what each company does, and highlight the latest news investors are watching right now.

All prices are as of the close on Friday, November 28, 2025.

How we defined “most expensive US stocks”

For this article, “most expensive stocks in the US stock market” means:

US‑listed common stocks, trading on major US exchanges (NYSE or Nasdaq),
Ranked by nominal share price, not by market capitalization, valuation ratio, or fundamentals.

To build the list, we used TradingView’s “US stocks with the highest price today” screener and cross‑checked prices with exchange data and other financial platforms. ^[2]

A high share price does not automatically mean a company is overvalued. In many cases, management has simply chosen not to split the stock, allowing compounding to show up as a rising per‑share price instead.

Top 10 Most Expensive US Stocks (November 2025)

1. Berkshire Hathaway Inc. Class A (BRK.A) – ~$770,100 per share

If you’re searching for the single most expensive stock in the US market, the answer is still Berkshire Hathaway Class A. As of November 28, 2025, BRK.A trades around $770,100 per share, making it not just the priciest US stock, but generally the most expensive publicly traded share in the world. ^[3]

2025 has been another landmark year:

Record highs: Berkshire’s Class A stock crossed $750,000 for the first time in February 2025, following a blowout quarter in which operating profit jumped more than 70%. ^[4]
All‑time peak: Historical data show a record closing high around $809,000 per share in early May 2025, with a 52‑week high above $812,000. ^[5]
Leadership transition: Warren Buffett has begun handing the CEO role to Greg Abel while staying on as chairman, but he has repeatedly reaffirmed that there are no plans to split Class A shares. ^[6]

Buffett has long argued that a very high share price discourages short‑term trading and attracts long‑term, like‑minded shareholders. Class A shares have therefore never split, and investors who want exposure at a lower price typically buy BRK.B, the more affordable class. ^[7]

2. NVR, Inc. (NVR) – ~$7,507 per share

NVR is a homebuilder and mortgage banking company whose brands include Ryan Homes and NVHomes. Thanks to years of buybacks and no stock splits, its shares now trade around $7,507. ^[10]

From a price perspective:

NVR’s stock is still roughly 20% below its 52‑week peak around $9,300 per share set in late 2024, but it remains firmly in second place on the US price leaderboard. ^[11]

Recent trading has been choppy:

In the last week of November, NVR notched back‑to‑back gains, closing near $7,566 on November 26 before easing to about $7,507 by November 28. MarketWatch reports the stock is still well below its prior high but remains one of the highest‑priced homebuilder names in the market. ^[12]

Underlying fundamentals remain tied to US housing demand, mortgage rates, and the broader economic backdrop—but the ultra‑high share price is mostly about capital allocation discipline and a long history without splits, not a speculative mania.

3. Booking Holdings Inc. (BKNG) – ~$4,915 per share

Booking Holdings, the parent of Booking.com, Priceline, and Kayak, is the highest‑priced travel stock in the US, with shares around $4,915. ^[13]

2025 has been defined by resilient travel demand:

Q3 2025 beat: Booking posted a strong third quarter, with revenue and earnings topping Wall Street expectations as travelers continued to book flights, hotels, and “bleisure” (business + leisure) trips. ^[14]
Analysts stay bullish: Recent research notes highlight that BKNG trades at a forward P/E below its historical average, even after solid results. Some analysts see 30%+ upside to price targets that cluster above $6,000 per share. ^[15]

In late November, MarketWatch reported BKNG logging consecutive up days and closing near $4,875, still over 16% below its July 52‑week high around $5,839. ^[16]

For investors, Booking shows how a company can sustain a multi‑thousand‑dollar share price even in a consumer‑cyclical sector—provided its cash flow, network effects, and buybacks remain strong.

4. Seaboard Corporation (SEB) – ~$4,680 per share

Seaboard is one of the quietest names on this list—a diversified conglomerate spanning pork production, commodity trading, shipping, and more—but its stock trades around $4,680 per share. ^[17]

Key points:

Recent live quotes show Seaboard hovering just shy of its 52‑week high near $4,740, up sharply from a low around $2,365 over the past year. ^[18]
The stock trades with very low volume and limited analyst coverage, which contributes to its elevated price per share and sometimes wide daily price swings. ^[19]

Seaboard is a classic example of a family‑influenced, thinly traded industrial conglomerate that simply never embraced the culture of stock splits. The business itself may be niche, but the share price keeps it on every “most expensive US stocks” list.

5. AutoZone, Inc. (AZO) – ~$3,954 per share

AutoZone, the auto‑parts retailer, has spent decades buying back its own stock, driving the share price to roughly $3,954 today. ^[20]

2025 highlights:

All‑time highs: Historical data show an all‑time high closing price around $4,354 (September 11, 2025), with a 52‑week high near $4,388, putting the current quote modestly below peak levels. ^[21]
Big year for the stock: One valuation review pegs AutoZone’s 2025 share price as up around 29% year to date, though some analysts now see the stock as modestly overvalued based on discounted cash‑flow estimates. ^[22]

Momentum watchers recently noted that AutoZone’s Relative Strength Rating (a technical performance metric from IBD) climbed into the low 70s as the stock forms a consolidation pattern with a potential breakout point above $4,388.11. ^[23]

AutoZone’s place on this list is driven by relentless repurchases and a no‑split culture, rather than speculative hype—its underlying business remains a fairly steady, cash‑flow‑rich retail operation.

6. Markel Group Inc. (MKL) – ~$2,080 per share

Often dubbed a “mini Berkshire Hathaway,” Markel Group is a specialty insurance and investment holding company whose stock currently trades around $2,080 per share. ^[24]

Recent developments:

Strong but mixed earnings: Markel’s Q3 2025 results showed operating revenues up about 7% year over year, with adjusted operating income growing as well, even as headline operating income declined due to investment swings. ^[25]
Valuation debate: Several analyses suggest Markel may be somewhat overvalued, estimating intrinsic value 10–15% below the current price, even after a roughly 20–25% rally over the past year. ^[26]
Technical strength: Investor’s Business Daily has highlighted Markel multiple times as it moved through buy zones and saw its Relative Strength Rating rise into the 70s and 80s. ^[27]

With a long‑term, insurance‑plus‑investments model that echoes Berkshire’s playbook, Markel’s choice to keep its share count tight and avoid big splits is a major reason it sits in the $2,000‑plus club.

7. MercadoLibre, Inc. (MELI) – ~$2,072 per share

MercadoLibre, sometimes called the “Amazon of Latin America,” is another US‑listed stock with a four‑figure share price, currently around $2,072. ^[28]

2025 has been eventful:

Heavy investment in growth: The company announced a $3.4 billion investment in Mexico for 2025, aimed at logistics, fintech, AI, and job creation—its largest annual commitment in the country to date. ^[29]
Aggressive shipping push: In Brazil, its biggest market, MercadoLibre sharply expanded free shipping by lowering the price threshold for eligible orders, a move aimed at defending its market share from Amazon, Shopee, and Temu even at the cost of margins. ^[30]
Earnings and volatility: Q3 2025 results delivered nearly 40% revenue growth, but earnings fell short of expectations, triggering a pullback of roughly 20% from recent highs. Analysts are split between seeing the weakness as a buying opportunity and worrying about intensifying competition. ^[31]

Despite volatility, MELI’s share price stays above $2,000—proof that markets are still willing to pay up for high‑growth e‑commerce and fintech platforms in emerging markets.

8. White Mountains Insurance Group, Ltd. (WTM) – ~$2,024 per share

White Mountains is a Bermuda‑based holding company focused on insurance and related businesses, with a stock price around $2,024 per share. ^[32]

Key 2025 storylines:

Book value compounding: As of September 30, 2025, White Mountains reported book value per share of about $1,851, up roughly 3% for the third quarter and 6% year‑to‑date—continuing its long‑term focus on book value growth. ^[33]
Bamboo deal: In October, the company announced a deal to sell a controlling interest in Bamboo, its fast‑growing homeowners insurance platform, to private‑equity firm CVC in a transaction valuing Bamboo at $1.75 billion. White Mountains expects significant net cash proceeds and a sizeable gain in book value per share, while retaining a minority stake. ^[34]

White Mountains rarely makes headlines, but its combination of high nominal price, steady book value growth, and opportunistic deals keeps it near the top of the most expensive‑stock rankings.

9. First Citizens BancShares, Inc. (FCNCA) – ~$1,878 per share

First Citizens BancShares, the North Carolina‑based regional bank that famously acquired much of Silicon Valley Bank’s assets in 2023, now trades at around $1,878 per Class A share. ^[35]

Recent developments:

Strong profitability and capital: In its Q3 2025 earnings report, the bank highlighted robust capital ratios, healthy liquidity, and ongoing share repurchases. It has retired a meaningful portion of its share count through buybacks since 2024. ^[36]
Analyst targets well above spot price: Multiple Wall Street firms now carry price targets stretching up toward $2,200–$2,250 per share, implying double‑digit upside from current levels, even as some research shops have turned more cautious after the post‑SVB rally. ^[37]

First Citizens’ position in this top‑10 list reflects a mix of acquisitive growth, limited splits, and substantial buybacks—a pattern familiar across many of the most expensive US stocks.

10. Fair Isaac Corporation (FICO) – ~$1,806 per share

Rounding out the top 10 is Fair Isaac Corporation, creator of the FICO credit score and a leading provider of analytics and decisioning software. Its shares trade around $1,806. ^[38]

2025 has been a roller coaster:

Q4 2025 beat: FICO’s latest quarterly results showed non‑GAAP EPS of $7.74, beating expectations by more than 5%, on revenue growth of about 14% year over year. Its Scores segment—home of the famous FICO score—grew roughly 25%. ^[39]
New pricing model shakes up credit bureaus: In October, FICO unveiled a new direct mortgage score licensing plan that lets lenders bypass the traditional credit‑bureau middlemen and buy scores directly from Fair Isaac. That announcement sent FICO shares soaring more than 20% in a single session, while weighing on the credit bureaus’ stocks. ^[40]
Back from a drawdown: Even after a powerful November rally, FICO is still slightly down for 2025, following earlier weakness when regulators allowed rival scoring models into the mortgage market. ^[41]

Technical indicators like IBD’s Relative Strength Rating have recently moved into the mid‑70s, suggesting improving momentum—but FICO’s high share price is the product of two decades of compounding and limited splits, not a sudden meme‑stock surge. ^[42]

Why do some US stocks stay so expensive?

A natural question: if stock splits don’t change a company’s value, why let the share price climb above $1,000—or even $100,000?

Common reasons include:

Long‑term shareholder base: Berkshire Hathaway is the textbook example—Warren Buffett has repeatedly argued that a high price per share discourages short‑term traders and aligns the investor base with the company’s long‑term philosophy. ^[43]
Signaling discipline: Not splitting can telegraph confidence that management cares about intrinsic value per share, not just optics or short‑term liquidity.
Low share counts: Companies that aggressively repurchase stock—like AutoZone, NVR, and First Citizens—often see their share price rise simply because there are fewer shares among which to divide the business’s growing earnings. ^[44]
Niche or family‑controlled firms: Seaboard and White Mountains have historically operated with small floats and less concern about catering to retail trader preferences, making a high nominal price largely irrelevant to their core shareholder base. ^[45]

In contrast, many tech giants like Apple, Nvidia, and Tesla routinely split their stocks to keep per‑share prices in the low hundreds, even when market caps soar into the trillions.

Should investors chase the most expensive US stocks?

Owning a stock that trades above $1,000 (or $700,000) per share can feel impressive, but price alone is not a reason to buy or avoid a company:

A high share price often reflects decades of compounding and a deliberate no‑split policy—not necessarily overvaluation.
Conversely, a low share price can be a sign of distress rather than a bargain.

For investors, the key questions remain:

Are earnings, cash flows, and book value growing sustainably?
Is the business moat (competitive advantage) durable?
Does the current price make sense relative to those fundamentals?

Berkshire, Markel, AutoZone, and others on this list have long histories of value creation, but recent research notes also highlight pockets of rich valuation—for example, Markel and MercadoLibre being flagged as potentially overvalued by some models, while AutoZone and FICO look fully priced after large multi‑year runs. ^[46]

Final word

The most expensive stocks in the US stock market—from Berkshire Hathaway’s six‑figure behemoth to four‑figure names like NVR, Booking, AutoZone, and FICO—offer a fascinating snapshot of how long‑term compounding, capital allocation, and corporate culture show up in something as simple as the price of a single share.

For investors, these stocks are best viewed not as trophies, but as case studies:

How do they deploy capital?
Why have they avoided splits?
And does today’s lofty share price still reflect reasonable expectations for the future?

As always, this article is for informational purposes only and is not investment advice. Anyone considering these or any other stocks should do their own research and consider speaking with a qualified financial adviser.