Wheaton Precious Metals (WPM) Stock Forecast & Price Target

$63.53 +0.43 (+0.68%)

(As of 01:39 PM ET)

Wheaton Precious Metals - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 10 Analyst Ratings

Sell
0

Hold
1

Buy
9

Based on 10 Wall Street analysts who have issued ratings for Wheaton Precious Metals in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 10 analysts, 1 has given a hold rating, and 9 have given a buy rating for WPM.

Consensus Price Target

$71.67
12.81% Upside

According to the 10 analysts' twelve-month price targets for Wheaton Precious Metals, the average price target is $71.67. The highest price target for WPM is $80.00, while the lowest price target for WPM is $61.00. The average price target represents a forecasted upside of 12.81% from the current price of $63.53.

Get the Latest News and Ratings for WPM and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Wheaton Precious Metals and its competitors.

WPM Analyst Ratings Over Time

Type	Current Forecast 12/5/23 to 12/4/24	1 Month Ago 11/5/23 to 11/4/24	3 Months Ago 9/6/23 to 9/5/24	1 Year Ago 12/5/22 to 12/5/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	9 Buy rating(s)	8 Buy rating(s)	6 Buy rating(s)	6 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	2 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$71.67	$70.25	$66.88	$55.83
Forecasted Upside	12.81% Upside	8.29% Upside	11.68% Upside	15.99% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

“Fed Proof” Your Bank Account with THESE 4 Simple Steps (Ad)

Starting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.

Learn these 4 simple steps and protect your savings before it’s too late.

WPM Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

WPM Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Wheaton Precious Metals Stock vs. The Competition

Type	Wheaton Precious Metals	Basic Materials Companies	S&P 500
Consensus Rating Score	2.90	2.77	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	13.59% Upside	120.74% Upside	7.25% Upside
News Sentiment Rating	Very Positive News See Recent WPM News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
11/18/2024	UBS Group 4 of 5 stars	D. Major Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$78.00	+28.84%
11/8/2024	TD Securities 4 of 5 stars		Boost Target	Buy	$74.00 ➝ $75.00	+15.58%
10/25/2024	Raymond James 4 of 5 stars		Boost Target	Outperform ➝ Outperform	$74.00 ➝ $75.00	+12.68%
10/21/2024	Stifel Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	I. Rico Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
10/10/2024	National Bank Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Nagle Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Sector Perform ➝ Outperform
10/4/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$67.00 ➝ $77.00	+27.78%
Get the Latest News and Ratings for WPM and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Wheaton Precious Metals and its competitors with MarketBeat's FREE daily newsletter.
8/19/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sector Outperform ➝ Sector Outperform	$66.50 ➝ $72.00	+19.19%
7/10/2024	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperformer ➝ Outperformer	$75.00 ➝ $80.00	+37.15%
6/27/2024	Berenberg Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$64.00 ➝ $66.00	+24.46%
6/26/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$60.00 ➝ $61.00	+14.81%
5/21/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$59.00 ➝ $61.00	+6.42%
7/7/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$42.00 ➝ $41.00	-1.01%
5/23/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Sector Perform	C$50.00 ➝ C$45.00
5/8/2023	National Bankshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	C$72.50 ➝ C$80.00
4/20/2023	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$66.00 ➝ C$75.00
4/20/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral
4/4/2023	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$67.00 ➝ C$75.00
3/2/2023	CSFB Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$65.00 ➝ C$60.00

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 01:56 PM ET.

Should I Buy Wheaton Precious Metals Stock? WPM Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, November 25, 2024. Please send any questions or comments about these Wheaton Precious Metals pros and cons to contact@marketbeat.com.

Wheaton Precious Metals
Bull Case

Here are some ways that investors could benefit from investing in Wheaton Precious Metals Corp.:

Wheaton Precious Metals Corp. has received multiple upgrades from analysts, including a recent increase in price target from TD Securities to $75.00, indicating strong market confidence in the stock's potential for growth.
The company reported earnings per share of $0.34 for the latest quarter, meeting analysts' expectations, which reflects stability in its financial performance.
With a current stock price of $58.67, the stock is trading below the average price target of $70.88, suggesting potential for price appreciation.
The firm has a high net margin of 50.05%, indicating efficient management and profitability, which can be attractive for investors looking for solid returns.
Wheaton Precious Metals Corp. has a consistent dividend payout, with a quarterly dividend of $0.155 per share, providing a steady income stream for investors.

Wheaton Precious Metals
Bear Case

Investors should be bearish about investing in Wheaton Precious Metals Corp. for these reasons:

The stock has experienced a decline of 1.1% recently, which may indicate short-term volatility and uncertainty in the market.
Analysts have mixed ratings, with one rating the stock as a hold, suggesting that not all market participants are confident in its immediate prospects.
The company has a relatively high P/E ratio of 43.79, which may indicate that the stock is overvalued compared to its earnings, potentially leading to a price correction.
Wheaton Precious Metals Corp. has a beta of 0.77, indicating lower volatility compared to the market, which may limit potential gains during bullish market conditions.
Recent revenue figures fell short of analyst expectations, with reported revenue of $308.25 million against an estimate of $324.57 million, raising concerns about growth prospects.

WPM Forecast - Frequently Asked Questions

: According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for Wheaton Precious Metals is $71.67, with a high forecast of $80.00 and a low forecast of $61.00.
: 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Wheaton Precious Metals in the last twelve months. There is currently 1 hold rating and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" WPM shares.
: According to analysts, Wheaton Precious Metals's stock has a predicted upside of 12.81% based on their 12-month stock forecasts.
: Over the previous 90 days, Wheaton Precious Metals's stock had 1 upgrade and 1 downgrade by analysts.
: Wheaton Precious Metals has been rated by research analysts at Jefferies Financial Group, National Bank Financial, Raymond James, Stifel Canada, TD Securities, and UBS Group in the past 90 days.
: Analysts like Wheaton Precious Metals more than other "basic materials" companies. The consensus rating score for Wheaton Precious Metals is 2.90 while the average consensus rating score for "basic materials" companies is 2.77. Learn more on how WPM compares to other companies.

Stock Forecasts and Research Tools

Related Companies

Today's Ratings

Top Rated Stocks

More Ratings Tools

⭕ [URGENT] Buy Alert just triggered (Ad)

My absolute favorite stock just hit a critical "buy now" trigger price.

Click here for the ticker >>>

This page (NYSE:WPM) was last updated on 12/4/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Wheaton Precious Metals (WPM) Stock Forecast & Price Target