Wheaton Precious Metals (WPM) Stock Forecast, Price Target & Predictions
WPM Stock Forecast
Wheaton Precious Metals stock forecast is as follows: an average price target of $56.34 (represents a -11.71% downside from WPM’s last price of $63.81) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.
WPM Price Target
The average price target for Wheaton Precious Metals (WPM) is $56.34 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $77.00 to $41.00. This represents a potential -11.71% downside from WPM's last price of $63.81.
WPM Analyst Ratings
According to 8 Wall Street analysts, Wheaton Precious Metals's rating consensus is 'Buy'. The analyst rating breakdown for WPM stock is 0 'Strong Buy' (0.00%), 6 'Buy' (75.00%), 2 'Hold' (25.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Wheaton Precious Metals Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 04, 2024 | Matthew Murphy | Jefferies | - | - | 28.17% | 20.67% |
| Aug 15, 2024 | Greg Barnes | TD Securities | - | - | 20.98% | 9.70% |
| May 10, 2024 | Jackie Przybylowski | BMO Capital | - | - | 6.02% | -7.54% |
| Mar 18, 2024 | Greg Barnes | TD Securities | - | - | 20.02% | -16.94% |
| Jul 19, 2022 | Barclays | - | - | 21.05% | -35.75% | |
| May 04, 2022 | Josh Wolfson | RBC Capital | - | - | 16.19% | -18.51% |
| Feb 07, 2022 | Jackie Przybylowski | BMO Capital | - | - | 24.60% | -20.08% |
| Jan 07, 2022 | Shane Nagle | National Bank | - | - | 34.56% | -18.94% |
| Dec 23, 2021 | Fahad Tariq | Credit Suisse | - | - | 7.53% | -28.92% |
| Dec 22, 2021 | Adam Josephson | KeyBanc | - | - | 10.21% | -27.91% |
The latest Wheaton Precious Metals stock forecast, released on Oct 04, 2024 by Matthew Murphy from Jefferies, set a price target of $77.00, which represents a 28.17% increase from the stock price at the time of the forecast ($60.07), and a 20.67% increase from WPM last price ($63.81).
Wheaton Precious Metals Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 4 |
| Avg Price Target | - | $77.00 | $64.75 |
| Last Closing Price | $63.81 | $63.81 | $63.81 |
| Upside/Downside | -100.00% | 20.67% | 1.47% |
In the current month, the average price target of Wheaton Precious Metals stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Wheaton Precious Metals's last price of $63.81. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 09, 2024 | National Bank | Sector Perform | Outperform | Upgrade |
| Oct 04, 2024 | Jefferies | Buy | Buy | Hold |
| Aug 19, 2024 | Scotiabank | Outperform | Outperform | Hold |
| Aug 15, 2024 | TD Securities | Buy | Buy | Hold |
| Jul 17, 2024 | National Bank | Sector Perform | Sector Perform | Hold |
| Jul 12, 2024 | Jefferies | Buy | Buy | Hold |
| Jul 10, 2024 | CIBC | Outperform | Outperform | Hold |
| May 23, 2024 | Scotiabank | Outperform | Outperform | Hold |
| May 22, 2024 | CIBC | Outperform | Outperform | Hold |
| May 13, 2024 | National Bank | Sector Perform | Sector Perform | Hold |
Wheaton Precious Metals's last stock rating was published by National Bank on Oct 09, 2024. The company Upgrade its WPM rating from "Sector Perform" to "Outperform".
Wheaton Precious Metals Financial Forecast
Wheaton Precious Metals Revenue Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $214.47M | $236.05M | $218.84M | $302.92M | $307.24M | $278.20M | $268.96M | $330.39M | $324.12M | $286.21M | $307.27M |
| Avg Forecast | $498.60M | $488.52M | $476.24M | $467.63M | $526.32M | $526.32M | $537.20M | $537.20M | $503.35M | $482.39M | $456.13M | $451.21M | $393.74M | $309.55M | $309.54M | $278.95M | $297.98M | $245.20M | $250.73M | $234.53M | $242.94M | $233.92M | $290.78M | $305.22M | $286.74M | $305.30M | $327.64M | $318.59M | $301.93M | $296.97M |
| High Forecast | $541.20M | $530.27M | $516.94M | $507.59M | $571.30M | $571.30M | $583.11M | $583.11M | $546.36M | $523.61M | $495.10M | $521.55M | $444.82M | $311.48M | $309.54M | $278.95M | $317.06M | $247.14M | $272.15M | $254.57M | $263.70M | $233.92M | $290.78M | $305.22M | $286.74M | $305.30M | $327.64M | $318.59M | $301.93M | $296.97M |
| Low Forecast | $471.67M | $462.13M | $450.52M | $442.37M | $497.89M | $497.89M | $508.18M | $508.18M | $476.16M | $456.33M | $431.49M | $415.30M | $356.38M | $307.62M | $309.54M | $278.95M | $270.23M | $243.26M | $237.18M | $221.86M | $229.82M | $233.92M | $290.78M | $305.22M | $286.74M | $305.30M | $327.64M | $318.59M | $301.93M | $296.97M |
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 6 | 3 | 6 | 4 | 8 | 4 | 6 | 4 | 5 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 4 | 6 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.91% | 0.97% | 0.94% | 1.04% | 1.01% | 0.97% | 0.88% | 1.01% | 1.02% | 0.95% | 1.03% |
Wheaton Precious Metals's average Quarter revenue forecast for Jun 23 based on 6 analysts is $250.73M, with a low forecast of $237.18M, and a high forecast of $272.15M. WPM's average Quarter revenue forecast represents a 16.91% increase compared to the company's last Quarter revenue of $214.47M (Mar 23).
Wheaton Precious Metals EBITDA Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 6 | 3 | 6 | 4 | 8 | 4 | 6 | 4 | 5 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 4 | 6 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $152.96M | $160.48M | $150.32M | $216.15M | $219.20M | $202.32M | $193.38M | $237.37M | $233.05M | $212.94M | $213.65M |
| Avg Forecast | $344.13M | $337.17M | $328.70M | $322.76M | $363.26M | $363.26M | $370.77M | $370.77M | $347.40M | $332.94M | $314.81M | $311.42M | $271.76M | $213.65M | $213.64M | $136.20M | $205.66M | $169.23M | $173.05M | $145.66M | $-29.14M | $162.36M | $201.83M | $155.79M | $199.03M | $211.91M | $227.42M | $166.62M | $209.57M | $206.13M |
| High Forecast | $373.53M | $365.98M | $356.79M | $350.33M | $394.30M | $394.30M | $402.45M | $402.45M | $377.09M | $361.39M | $341.72M | $359.97M | $307.01M | $214.98M | $213.64M | $163.44M | $218.83M | $170.57M | $187.84M | $174.80M | $-23.31M | $162.36M | $201.83M | $186.95M | $199.03M | $211.91M | $227.42M | $199.95M | $209.57M | $206.13M |
| Low Forecast | $325.54M | $318.96M | $310.94M | $305.32M | $343.64M | $343.64M | $350.74M | $350.74M | $328.64M | $314.96M | $297.81M | $286.63M | $245.97M | $212.32M | $213.64M | $108.96M | $186.51M | $167.89M | $163.70M | $116.53M | $-34.97M | $162.36M | $201.83M | $124.63M | $199.03M | $211.91M | $227.42M | $133.30M | $209.57M | $206.13M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | -5.51% | 0.93% | 1.07% | 1.41% | 1.02% | 0.91% | 1.04% | 1.40% | 1.02% | 1.04% |
6 analysts predict WPM's average Quarter EBITDA for Jun 23 to be $173.05M, with a high of $187.84M and a low of $163.70M. This is 13.14% upper than Wheaton Precious Metals's previous annual EBITDA (Mar 23) of $152.96M.
Wheaton Precious Metals Net Income Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 6 | 3 | 6 | 4 | 8 | 4 | 6 | 4 | 5 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 4 | 6 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $111.39M | $166.13M | $196.46M | $149.07M | $157.47M | $291.82M | $134.94M | $166.12M | $162.00M | $157.22M | $149.88M |
| Avg Forecast | $230.97M | $229.60M | $227.97M | $226.61M | $255.77M | $253.64M | $253.95M | $252.61M | $234.93M | $229.90M | $221.99M | $215.76M | $209.63M | $151.07M | $136.77M | $136.00M | $153.88M | $117.73M | $123.83M | $145.45M | $-31.59M | $96.32M | $143.66M | $155.57M | $140.83M | $151.31M | $168.25M | $166.38M | $148.52M | $149.70M |
| High Forecast | $256.63M | $255.11M | $253.29M | $251.78M | $284.18M | $281.82M | $282.16M | $280.68M | $261.03M | $255.44M | $246.65M | $241.45M | $243.76M | $167.85M | $136.78M | $163.20M | $168.77M | $118.38M | $137.59M | $174.54M | $-25.27M | $96.32M | $143.66M | $186.68M | $140.83M | $151.31M | $168.25M | $199.66M | $148.52M | $149.70M |
| Low Forecast | $214.75M | $213.48M | $211.96M | $210.69M | $237.81M | $235.83M | $236.12M | $234.87M | $218.43M | $213.76M | $206.41M | $190.08M | $185.26M | $140.46M | $136.75M | $108.80M | $124.09M | $117.09M | $115.13M | $116.36M | $-37.91M | $96.32M | $143.66M | $124.45M | $140.83M | $151.31M | $168.25M | $133.10M | $148.52M | $149.70M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.77% | -5.26% | 2.04% | 1.04% | 1.01% | 2.07% | 0.89% | 0.99% | 0.97% | 1.06% | 1.00% |
Wheaton Precious Metals's average Quarter net income forecast for Jun 23 is $123.83M, with a range of $115.13M to $137.59M. WPM's average Quarter net income forecast represents a 11.17% increase compared to the company's last Quarter net income of $111.39M (Mar 23).
Wheaton Precious Metals SG&A Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 6 | 3 | 6 | 4 | 8 | 4 | 6 | 4 | 5 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 4 | 6 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $17.50M | $16.37M | $8.00M | $10.50M | $18.91M | $13.68M | $11.70M | $18.46M | $10.99M | $1.71M | $21.33M |
| Avg Forecast | $26.89M | $26.35M | $25.68M | $25.22M | $28.38M | $28.38M | $28.97M | $28.97M | $27.15M | $26.02M | $24.60M | $24.33M | $21.23M | $16.69M | $16.69M | $9.62M | $16.07M | $13.22M | $13.52M | $10.29M | $2.20M | $12.64M | $15.72M | $11.01M | $15.50M | $16.50M | $17.71M | $11.77M | $16.32M | $16.05M |
| High Forecast | $29.19M | $28.60M | $27.88M | $27.37M | $30.81M | $30.81M | $31.45M | $31.45M | $29.46M | $28.24M | $26.70M | $28.13M | $23.99M | $16.80M | $16.69M | $11.55M | $17.10M | $13.33M | $14.68M | $12.35M | $2.64M | $12.64M | $15.72M | $13.21M | $15.50M | $16.50M | $17.71M | $14.12M | $16.32M | $16.05M |
| Low Forecast | $25.44M | $24.92M | $24.30M | $23.86M | $26.85M | $26.85M | $27.41M | $27.41M | $25.68M | $24.61M | $23.27M | $22.40M | $19.22M | $16.59M | $16.69M | $7.70M | $14.57M | $13.12M | $12.79M | $8.23M | $1.76M | $12.64M | $15.72M | $8.80M | $15.50M | $16.50M | $17.71M | $9.42M | $16.32M | $16.05M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.70% | 7.43% | 0.63% | 0.67% | 1.72% | 0.88% | 0.71% | 1.04% | 0.93% | 0.10% | 1.33% |
Wheaton Precious Metals's average Quarter SG&A projection for Jun 23 is $13.52M, based on 6 Wall Street analysts, with a range of $12.79M to $14.68M. The forecast indicates a -22.72% fall compared to WPM last annual SG&A of $17.50M (Mar 23).
Wheaton Precious Metals EPS Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 6 | 3 | 6 | 4 | 8 | 4 | 6 | 4 | 5 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 4 | 6 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.25 | $0.37 | $0.44 | $0.33 | $0.35 | $0.65 | $0.30 | $0.37 | $0.36 | $0.35 | $0.33 |
| Avg Forecast | $0.51 | $0.51 | $0.50 | $0.50 | $0.56 | $0.56 | $0.56 | $0.56 | $0.52 | $0.51 | $0.49 | $0.47 | $0.46 | $0.33 | $0.30 | $0.31 | $0.34 | $0.26 | $0.27 | $0.25 | $0.24 | $0.21 | $0.32 | $0.34 | $0.31 | $0.33 | $0.37 | $0.36 | $0.33 | $0.33 |
| High Forecast | $0.56 | $0.56 | $0.56 | $0.55 | $0.63 | $0.62 | $0.62 | $0.62 | $0.57 | $0.56 | $0.54 | $0.53 | $0.54 | $0.37 | $0.30 | $0.31 | $0.37 | $0.26 | $0.30 | $0.28 | $0.27 | $0.21 | $0.32 | $0.34 | $0.31 | $0.33 | $0.37 | $0.36 | $0.33 | $0.33 |
| Low Forecast | $0.47 | $0.47 | $0.47 | $0.46 | $0.52 | $0.52 | $0.52 | $0.52 | $0.48 | $0.47 | $0.45 | $0.42 | $0.41 | $0.31 | $0.30 | $0.30 | $0.27 | $0.26 | $0.25 | $0.24 | $0.23 | $0.21 | $0.32 | $0.34 | $0.31 | $0.33 | $0.37 | $0.36 | $0.33 | $0.33 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 1.51% | 2.07% | 1.04% | 1.03% | 2.10% | 0.90% | 1.00% | 1.00% | 1.07% | 1.00% |
According to 6 Wall Street analysts, Wheaton Precious Metals's projected average Quarter EPS for Jun 23 is $0.27, with a low estimate of $0.25 and a high estimate of $0.30. This represents a 9.03% increase compared to WPM previous annual EPS of $0.25 (Mar 23).
Wheaton Precious Metals Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| NEM | Newmont | - | - | 44.28% | Buy |
| FSM | Fortuna Silver Mines | - | - | 30.78% | Hold |
| FNV | Franco-Nevada | - | - | 24.71% | Buy |
| SAND | Sandstorm Gold | - | - | 19.66% | Buy |
| PAAS | Pan American Silver | - | - | 10.72% | Buy |
| GFI | Gold Fields | - | - | 4.99% | Hold |
| RGLD | Royal Gold | - | - | 1.42% | Buy |
| OR | Osisko Gold Royalties | - | - | -5.52% | Buy |
| AEM | Agnico Eagle Mines | - | - | -6.36% | Buy |
| WPM | Wheaton Precious Metals | - | - | -11.71% | Buy |
| KGC | Kinross Gold | - | - | -12.04% | Buy |