Scotiabank Has Negative Outlook of TSE:WPM FY2026 Earnings

Key Points

• Scotiabank trimmed its FY2026 EPS estimate for Wheaton Precious Metals to $6.35 from $6.41 (analyst T. Jakusconek, April 23), while the MarketBeat consensus for the current full year is reported at $2.47 per share.
• Multiple other analysts have raised price targets and maintain bullish ratings — including Stifel, BMO, Peel Hunt, Canaccord and TD — leaving the stock with an average target of C$205.63 and mostly "Buy" ratings (one Strong Buy, seven Buy).
• Wheaton shares opened at C$186.15, trade in a 52-week range of C$105.36–C$226.68, have a market cap of C$84.52B and a P/E of 57.51; the company last reported quarterly EPS of C$1.68 on C$1.16B in revenue and a net margin of 63.59%.

Wheaton Precious Metals Corp. (TSE:WPM - Free Report) - Stock analysts at Scotiabank lowered their FY2026 earnings estimates for Wheaton Precious Metals in a report issued on Thursday, April 23rd. Scotiabank analyst T. Jakusconek now anticipates that the company will earn $6.35 per share for the year, down from their prior forecast of $6.41. The consensus estimate for Wheaton Precious Metals' current full-year earnings is $2.47 per share.

A number of other equities research analysts have also recently commented on the company. Stifel Nicolaus raised their price target on Wheaton Precious Metals from C$240.00 to C$250.00 and gave the company a "buy" rating in a report on Wednesday, April 15th. Peel Hunt lifted their target price on Wheaton Precious Metals from C$165.00 to C$240.00 in a research note on Monday, February 2nd. BMO Capital Markets lifted their target price on Wheaton Precious Metals from C$240.00 to C$250.00 in a research note on Wednesday, April 22nd. Canaccord Genuity Group boosted their price target on Wheaton Precious Metals from C$220.00 to C$235.00 in a report on Tuesday, February 17th. Finally, TD Securities increased their price objective on shares of Wheaton Precious Metals from C$164.00 to C$165.00 and gave the company a "buy" rating in a report on Monday, March 16th. One equities research analyst has rated the stock with a Strong Buy rating and seven have given a Buy rating to the stock. According to MarketBeat, Wheaton Precious Metals has an average rating of "Buy" and an average price target of C$205.63.

Wheaton Precious Metals Stock Performance

Shares of Wheaton Precious Metals stock opened at C$186.15 on Tuesday. Wheaton Precious Metals has a fifty-two week low of C$105.36 and a fifty-two week high of C$226.68. The company has a market capitalization of C$84.52 billion, a P/E ratio of 57.51 and a beta of 1.39. The company has a fifty day moving average of C$194.24 and a 200 day moving average of C$173.86.

Wheaton Precious Metals (TSE:WPM - Get Free Report) last announced its quarterly earnings data on Thursday, March 12th. The company reported C$1.68 earnings per share (EPS) for the quarter. The firm had revenue of C$1.16 billion during the quarter. Wheaton Precious Metals had a net margin of 63.59% and a return on equity of 18.53%.

About Wheaton Precious Metals

Wheaton is the world's premier precious metals streaming company with the highest-quality portfolio of long-life, low-cost assets. Its business model offers investors commodity price leverage and exploration upside but with a much lower risk profile than a traditional mining company. Wheaton delivers amongst the highest cash operating margins in the mining industry, allowing it to pay a competitive dividend and continue to grow through accretive acquisitions. Wheaton is committed to strong ESG practices and giving back to the communities where Wheaton and its mining partners operate.

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