Wheaton Precious Metals Corp. (NYSE:WPM) Stock Has Average Target Price of $172.11 According to Brokerages

Shares of Wheaton Precious Metals Corp. (NYSE:WPM) have earned an average rating of “Moderate Buy” from the thirteen brokerages that are presently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation and twelve have given a buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $172.90.

Several equities analysts have recently weighed in on the stock. Scotiabank lowered their price objective on shares of Wheaton Precious Metals from $180.00 to $175.00 and set a “sector outperform” rating on the stock in a research note on Tuesday, July 14th. Weiss Ratings downgraded shares of Wheaton Precious Metals from a “buy (b+)” rating to a “buy (b)” rating in a report on Friday, October 23rd. Raymond James Financial restated an “outperform” rating and set a $180.00 target price on shares of Wheaton Precious Metals in a research report on Friday. Berenberg Bank restated a “buy” rating and set a $157.00 target price (down from $160.00) on shares of Wheaton Precious Metals in a research report on Thursday, September 17th. Finally, Royal Bank Of Canada upped their target price on shares of Wheaton Precious Metals from $160.00 to $165.00 and gave the company an “outperform” rating in a report on Wednesday, September 16th.

Key Headlines Impacting Wheaton Precious Metals

Here are the key news stories impacting Wheaton Precious Metals this week:

• Positive Sentiment: Q3 revenue rose 62% year over year to about US$772 million, while adjusted net earnings increased 46%. Wheaton also reported record year-to-date production, sales volume, revenue, earnings and cash flow, and said it remains on track to meet annual production guidance. Q3 2026 results
• Positive Sentiment: The company declared a quarterly dividend of US$0.195 per share, an 18% increase from the same 2025 payment. The dividend supports investor returns, though its 0.6% indicated yield is modest. Dividend declaration
• Positive Sentiment: Peel Hunt retained its Buy rating and C$187 price target, citing a better-than-expected quarter. Wheaton also reported growth-project milestones, including first gold pour at Montage Gold’s Koné project and construction approval for Hudbay’s Copper World. Peel Hunt commentary
• Neutral Sentiment: UBS lowered its price target to $155 from $160 but maintained its Buy rating, indicating a modestly more cautious valuation view without a change in its overall recommendation. UBS price target update
• Negative Sentiment: Despite strong growth from a year earlier, Q3 EPS of $0.90 and revenue of $771.7 million fell short of consensus estimates of $0.91 and $787.1 million, respectively. Scotiabank also cut its 2026 EPS forecast to $4.65 from $4.83, although it kept a Sector Outperform rating and $175 target. Q3 estimate miss

Institutional Investors Weigh In On Wheaton Precious Metals

A number of hedge funds have recently modified their holdings of the business. Silver Grove Financial Group Inc. lifted its position in Wheaton Precious Metals by 87.1% in the third quarter. Silver Grove Financial Group Inc. now owns 189 shares of the company’s stock worth $25,000 after buying an additional 88 shares during the last quarter. Cornerstone Planning Group LLC lifted its holdings in Wheaton Precious Metals by 245.5% during the first quarter. Cornerstone Planning Group LLC now owns 228 shares of the company’s stock worth $29,000 after buying an additional 162 shares during the period. Hollencrest Capital Management lifted its stake in shares of Wheaton Precious Metals by 73.5% during the 1st quarter. Hollencrest Capital Management now owns 236 shares of the company’s stock worth $31,000 after purchasing an additional 100 shares during the last quarter. Pathway Financial Advisers LLC acquired a new stake in shares of Wheaton Precious Metals in the 3rd quarter worth $34,000. Finally, Latitude Advisors LLC acquired a new stake in shares of Wheaton Precious Metals in the 3rd quarter worth $37,000. Institutional investors own 70.34% of the company’s stock.

Wheaton Precious Metals Stock Down 0.1%

WPM stock opened at $136.20 on Monday. Wheaton Precious Metals has a fifty-two week low of $96.14 and a fifty-two week high of $165.76. The business’s 50-day moving average is $138.57 and its two-hundred day moving average is $133.73. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.47 and a current ratio of 0.47. The company has a market cap of $61.86 billion, a price-to-earnings ratio of 29.61, a P/E/G ratio of 2.69 and a beta of 0.56.

Wheaton Precious Metals (NYSE:WPM) last announced its earnings results on Thursday, November 5th. The company reported $0.90 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.91 by ($0.01). The firm had revenue of $771.73 million during the quarter, compared to analysts’ expectations of $787.10 million. Wheaton Precious Metals had a return on equity of 22.70% and a net margin of 60.39%. As a group, analysts forecast that Wheaton Precious Metals will post 4.54 earnings per share for the current year.

Wheaton Precious Metals Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 3rd. Stockholders of record on Thursday, November 19th will be paid a dividend of $0.1950 per share. This represents a $0.78 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Thursday, November 19th. Wheaton Precious Metals’s dividend payout ratio (DPR) is currently 16.96%.

About Wheaton Precious Metals

Wheaton Precious Metals is a precious metals streaming company that provides mining companies with upfront financing in exchange for the right to purchase a portion of the metals produced by their mines. Its streams cover gold and silver, as well as smaller amounts of palladium and cobalt.

Rather than operating mines itself, Wheaton works with mining companies around the world. Under its agreements, it typically makes an initial payment and additional payments for metals delivered, giving it exposure to mine production without directly managing mining operations.

The company was founded as Silver Wheaton in 2004 and adopted the Wheaton Precious Metals name in 2017.