Taylor Morrison Home Corp (NYSE:TMHC) shares are up approximately 24% this week after Berkshire Hathaway agreed to acquire the homebuilder in an all-cash deal, representing one of the largest moves yet by Berkshire’s new CEO.

Taylor Morrison Home stock is trading at elevated levels. What’s the outlook for TMHC shares?

Berkshire To Acquire Taylor Morrison

Berkshire Hathaway announced on Sunday that it agreed to acquire Taylor Morrison for $72.50 per share in cash, representing a total equity value of approximately $6.8 billion and a total enterprise value of $8.5 billion — a 24% premium to Taylor Morrison’s closing price of $58.50 on May 29.

The transaction is expected to close in the second half of 2026, subject to shareholder and regulatory approval. Upon completion of the transaction, Taylor Morrison Home Corp will become a private company.