Wheaton Precious Metals (WPM) Stock Forecast & Price Target

$150.93 -1.27 (-0.84%)

Closing price 09/18/2026 03:59 PM Eastern

Extended Trading

$151.02 +0.10 (+0.06%)

As of 09/18/2026 07:47 PM Eastern

Compare

Wheaton Precious Metals - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Moderate Buy

Based on 12 Analyst Ratings

Sell
0

Hold
1

Buy
11

Based on 12 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 12 analysts, 1 has given a hold rating, and 11 have given a buy rating for WPM.

Consensus Price Target

$166.00
9.99% Upside

According to the 12 analysts' twelve-month price targets for Wheaton Precious Metals, the average price target is $166.00. The highest price target for WPM is $240.00, while the lowest price target for WPM is $127.00. The average price target represents a forecasted upside of 9.99% from the current price of $150.93.

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.

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.

SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

WPM Analyst Ratings Over Time

Type	Current Forecast 9/20/25 to 9/20/26	1 Month Ago 8/21/25 to 8/21/26	3 Months Ago 6/22/25 to 6/22/26	1 Year Ago 9/20/24 to 9/20/25
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	11 Buy rating(s)	12 Buy rating(s)	13 Buy rating(s)	7 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	1 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	$166.00	$165.55	$155.64	$102.78
Forecasted Upside	9.99% Upside	4.91% Upside	27.87% Upside	-4.54% Downside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

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	Materials Companies	Broader Market
Consensus Rating Score	2.92	2.57	2.53
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	9.99% Upside	136.87% Upside	18.43% Upside
News Sentiment Rating	Positive News See Recent WPM News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export

Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
9/16/2026	Royal Bank Of Canada 3 of 5 stars	Josh Wolfson 5 of 5 stars	Boost Target	Outperform	$160.00 ➝ $165.00	+12.08%
7/28/2026	Berenberg Bank 2 of 5 stars		Set Target		$157.00	+40.29%
7/16/2026	Weiss Ratings 5 of 5 stars		Downgrade	Buy (B) ➝ Buy (B-)
7/14/2026	Scotiabank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Tanya Jakusconek Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Sector Outperform	$180.00 ➝ $175.00	+60.77%
7/9/2026	Bank of America Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Lawson Winder Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Buy	$163.00 ➝ $145.00	+34.86%
7/6/2026	Jefferies Financial Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Fahad Tariq Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Buy	$182.00 ➝ $177.00	+53.14%
6/30/2026	UBS Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Daniel Major Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Buy	$165.00 ➝ $150.00	+36.44%
4/9/2026	BMO Capital Markets Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Initiated Coverage	Outperform	$240.00	+69.20%
3/16/2026	TD Securities Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Greg Barnes Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$164.00 ➝ $165.00	+18.85%
3/16/2026	TD Cowen Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Derick Ma Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$164.00 ➝ $165.00	+19.34%
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.
3/5/2026	Zacks Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Strong-Buy ➝ Hold
2/4/2026	Canadian Imperial Bank of Commerce Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Cosmos Chiu Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Outperform
10/10/2025	Raymond James Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Brian MacArthur Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Outperform	$114.00 ➝ $127.00	+22.84%
6/24/2025	National Bank Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Outperform
2/4/2025	Stifel Nicolaus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	I. Rico Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Hold ➝ Strong-Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 08:44 AM 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 Tuesday, September 15, 2026. 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. recently reported record revenues for the first half of 2026, driven by higher production volumes and the impact of the BHP deal, which signals strong operational momentum and growth potential for the company.
The company demonstrated strong financial performance in its most recent quarterly earnings report on August 6, 2026, where it beat analysts' consensus estimates by posting an EPS of $1.19 against an expected $1.15, while also achieving a net margin of 64.66%.
With the current stock price at $150.24, the stock is trading below the average analyst price target of $165.55, suggesting that the market may be undervaluing the company relative to its fundamental performance and future growth expectations.
Wheaton Precious Metals Corp. maintains a low beta of 0.60, indicating that the stock is less volatile than the broader market, which can provide a more stable investment profile for investors seeking to reduce portfolio risk.
Institutional investors have shown increased confidence in the company, with several firms such as Sequoia Financial Advisors LLC and Cidel Asset Management Inc. significantly increasing their holdings in the second quarter of 2026.

Wheaton Precious Metals
Bear Case

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

At a P/E ratio of 33.31, Wheaton Precious Metals Corp. trades at a premium to its peers and the S&P 500, which some analysts argue makes the stock expensive for new buyers despite its quality and growth prospects.
Several major brokerages, including Bank of America, Royal Bank of Canada, and Jefferies Financial Group, have recently lowered their price targets on the stock in July 2026, reflecting a more cautious outlook on its valuation and future upside.
The company's dividend yield is relatively low at 0.51%, which may not be attractive to income-focused investors who are seeking higher cash returns from their precious metals exposure.
Short interest in the stock has been increasing, with shares shorted rising to 6,160,442 as of August 31, 2026, indicating that some market participants are betting against the stock's future performance.
Wheaton Precious Metals Corp. has a current ratio of 0.47, which is below 1.0, suggesting that the company may face challenges in meeting its short-term financial obligations with its available liquid assets.

WPM Forecast - Frequently Asked Questions

According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for Wheaton Precious Metals is $166.00, with a high forecast of $240.00 and a low forecast of $127.00.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wheaton Precious Metals in the last year. There is currently 1 hold rating and 11 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" WPM shares.

According to analysts, Wheaton Precious Metals's stock has a predicted upside of 9.99% based on their 12-month stock forecasts.

Over the previous 90 days, Wheaton Precious Metals's stock had 1 downgrade by analysts.

Wheaton Precious Metals has been rated by research analysts at Bank of America, Berenberg Bank, Jefferies Financial Group, Royal Bank Of Canada, Scotiabank, UBS Group, and Weiss Ratings in the past 90 days.

Analysts like Wheaton Precious Metals more than other "materials" companies. The consensus rating score for Wheaton Precious Metals is 2.92 while the average consensus rating score for "materials" companies is 2.57. Learn more on how WPM compares to other companies.

Stock Forecasts and Research Tools

Related Companies

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Wheaton Precious Metals Recommendations

MarketBeat monitors more than a dozen sources for Wheaton Precious Metals analyst ratings, with the most recent rating issued on 9/16/2026.

From Our Partners

Unlock superior investment research and tools.

Get MarketBeat All Access

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