Research Analysts Issue Forecasts for WPM FY2026 Earnings

Wheaton Precious Metals Corp. (NYSE:WPM) – Stock analysts at Scotiabank decreased their FY2026 earnings estimates for Wheaton Precious Metals in a research report issued to clients and investors on Monday, November 2nd. Scotiabank analyst T. Jakusconek now anticipates that the company will earn $4.65 per share for the year, down from their prior estimate of $4.83. Scotiabank currently has a “Sector Outperform” rating and a $175.00 target price on the stock. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $4.57 per share.

Wheaton Precious Metals (NYSE:WPM) last released its earnings results on Thursday, November 5th. The company reported $0.90 earnings per share for the quarter, missing the consensus estimate of $0.91 by ($0.01). Wheaton Precious Metals had a net margin of 64.66% and a return on equity of 21.97%. The company had revenue of $771.73 million during the quarter, compared to the consensus estimate of $787.10 million.

A number of other analysts also recently commented on WPM. Royal Bank Of Canada raised their price objective on Wheaton Precious Metals from $160.00 to $165.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 16th. Berenberg Bank set a $157.00 price objective on Wheaton Precious Metals in a research report on Tuesday, July 28th. Bank of America lowered their price objective on Wheaton Precious Metals from $163.00 to $145.00 and set a “buy” rating on the stock in a research report on Thursday, July 9th. Weiss Ratings lowered Wheaton Precious Metals from a “buy (b+)” rating to a “buy (b)” rating in a research note on Friday, October 23rd. Finally, UBS Group raised their target price on Wheaton Precious Metals from $153.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday, October 8th. Ten equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $172.11.

Wheaton Precious Metals Trading Up 0.7%

Shares of WPM opened at $132.42 on Friday. Wheaton Precious Metals has a 12-month low of $96.00 and a 12-month high of $165.76. The company has a quick ratio of 0.47, a current ratio of 0.47 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $60.15 billion, a price-to-earnings ratio of 29.36, a P/E/G ratio of 2.57 and a beta of 0.56. The stock’s 50-day moving average price is $139.02 and its 200 day moving average price is $133.75.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new stake in Wheaton Precious Metals during the second quarter valued at approximately $581,250,000. Canada Pension Plan Investment Board bought a new stake in shares of Wheaton Precious Metals in the 2nd quarter valued at approximately $351,708,000. Bank of America Corp DE acquired a new position in shares of Wheaton Precious Metals in the 2nd quarter worth approximately $328,309,000. Legal & General Group Plc acquired a new position in shares of Wheaton Precious Metals in the 2nd quarter worth approximately $320,838,000. Finally, The Manufacturers Life Insurance Company acquired a new position in shares of Wheaton Precious Metals in the 2nd quarter worth approximately $310,738,000. Institutional investors and hedge funds own 70.34% of the company’s stock.

Wheaton Precious Metals Company Profile

Wheaton Precious Metals Corp. is a precious metals streaming company headquartered in Vancouver, British Columbia. Rather than operating mines directly, the company provides upfront financing to mining companies in exchange for the right to purchase a portion of the gold, silver, palladium and cobalt produced by specific mining operations at predetermined prices.

Wheaton sells the streamed metals to customers and uses the proceeds to support its operations and investments. Its portfolio is linked to mining assets operated by third parties, with exposure to projects in the Americas and other regions.