Free Trial

Wheaton Precious Metals (WPM) Stock Forecast & Price Target

Wheaton Precious Metals logo
$60.56 -0.84 (-1.37%)
(As of 12/13/2024 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

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
18.34% 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 18.34% from the current price of $60.56.
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.

Sign Up

WPM Analyst Ratings Over Time

TypeCurrent Forecast
12/15/23 to 12/14/24
1 Month Ago
11/15/23 to 11/14/24
3 Months Ago
9/16/23 to 9/15/24
1 Year Ago
12/15/22 to 12/15/23
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$70.88$66.88$55.83
Forecasted Upside18.34% Upside19.46% Upside6.90% Upside14.44% Upside
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.
Skip Chart & View Analyst Rating History

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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Wheaton Precious Metals Stock vs. The Competition

TypeWheaton Precious MetalsBasic Materials CompaniesS&P 500
Consensus Rating Score
2.90
2.77
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside18.34% Upside131.26% Upside10.62% Upside
News Sentiment Rating
Very Positive News

See Recent WPM News
Neutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/18/2024UBS Group
4 of 5 stars
D. Major
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Initiated CoverageBuy$78.00+28.84%
11/8/2024TD Securities
4 of 5 stars
 Boost TargetBuy$74.00 ➝ $75.00+15.58%
10/25/2024Raymond James
4 of 5 stars
 Boost TargetOutperform ➝ Outperform$74.00 ➝ $75.00+12.68%
10/21/2024Stifel Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating
I. Rico
Subscribe to MarketBeat All Access for the recommendation accuracy rating
DowngradeStrong-Buy ➝ Hold
10/10/2024National Bank Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating
S. Nagle
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeSector Perform ➝ Outperform
10/4/2024Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$67.00 ➝ $77.00+27.78%
8/19/2024Scotiabank
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetSector Outperform ➝ Sector Outperform$66.50 ➝ $72.00+19.19%
7/10/2024CIBC
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperformer ➝ Outperformer$75.00 ➝ $80.00+37.15%
6/27/2024Berenberg Bank
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy$64.00 ➝ $66.00+24.46%
6/26/2024Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$60.00 ➝ $61.00+14.81%
5/21/2024BMO Capital Markets
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperform$59.00 ➝ $61.00+6.42%
7/7/2023Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower Target$42.00 ➝ $41.00-1.01%
5/23/2023Royal Bank of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeOutperform ➝ Sector PerformC$50.00 ➝ C$45.00
5/8/2023National Bankshares
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperformC$72.50 ➝ C$80.00
4/20/2023Stifel Nicolaus
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetC$66.00 ➝ C$75.00
4/20/2023The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeBuy ➝ Neutral
4/4/2023Canaccord Genuity Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetC$67.00 ➝ C$75.00
3/2/2023CSFB
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetC$65.00 ➝ C$60.00

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 05:46 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 Saturday, December 7, 2024. Please send any questions or comments about these Wheaton Precious Metals pros and cons to contact@marketbeat.com.

Wheaton Precious Metals
Bull Case

green Wall Street bull icon

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

  • Wheaton Precious Metals Corp. has received multiple upgrades from financial analysts, including a recent upgrade to an "outperform" rating, indicating strong confidence in the company's future performance.
  • The stock currently trades at approximately $61.74, which is significantly higher than its 1-year low of $38.57, suggesting a positive trend in its market performance.
  • The company reported a net margin of 50.05%, showcasing its ability to maintain profitability, which is attractive for investors looking for stable returns.
  • Wheaton Precious Metals Corp. has a solid dividend yield of 1.00%, providing investors with a regular income stream, which is particularly appealing in volatile markets.
  • Analysts project an earnings per share (EPS) of 1.44 for the current fiscal year, reflecting growth potential and the company's ability to generate profits.

Wheaton Precious Metals
Bear Case

red Wall Street bear icon

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

  • Despite recent upgrades, one analyst has downgraded the stock to a "hold" rating, indicating some uncertainty about its short-term performance.
  • The company reported revenue of $308.25 million for the latest quarter, which fell short of the consensus estimate of $324.57 million, suggesting potential challenges in meeting market expectations.
  • The stock has a relatively high P/E ratio of 46.07, which may indicate that it is overvalued compared to its earnings, posing a risk for new investors.
  • 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 trading volumes have been below average, which could indicate a lack of investor interest or confidence in the stock at its current price level.

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 research analysts have issued "buy," "hold," and "sell" ratings for Wheaton Precious Metals in the last year. There is currently 1 hold rating and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" WPM shares.

According to analysts, Wheaton Precious Metals's stock has a predicted upside of 18.34% 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.


This page (NYSE:WPM) was last updated on 12/14/2024 by MarketBeat.com Staff
From Our Partners