WPM

Wheaton Precious Metals
D

WPM

Arincen77/100B

Wheaton Precious Metals stock forecast 2026–2030

Analysts' average 12-month price target for Wheaton Precious Metals is 167.33, 26.9% above the current price of 131.82. Their targets range from 150.00 to 180.00.

Of the 7 firms that rated Wheaton Precious Metals in the past 12 months, 7 rate it buy or strong buy, 0 hold and 0 sell or strong sell (each firm at its latest rating): a Strong buy consensus.

12-month price target
167.33 USD
+26.94%

Analysts' 1-year price targets range from 150.00 to 180.00, with an average of 167.33.

Past year
1-year forecast
Strong sellStrong buy
Strong buy
7 ratings
Buy
7
Hold
0
Sell
0

12-month price target

Highest target180.00
Average target167.33
Lowest target150.00
Current price131.82

Wheaton Precious Metals price target history

Have analysts recently raised or lowered their Wheaton Precious Metals price target and rating?

See how analysts moved their price target

How analysts rate Wheaton Precious Metals, month by month

7 of 7 firms rate it buy now, against 5 of 6 in December 2025.

Buy Hold Sell

Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.

Month endBuyHoldSellFirms
Nov 20267007
Oct 20267007
Sept 20269009
Aug 20269009
Jul 20269009
Jun 20268008
May 20268008
Apr 20268008
Mar 20268008
Feb 20265106
Jan 20265106
Dec 20255106

Wheaton Precious Metals analyst upgrades, downgrades and price targets

The latest rating change came on 27 March 2026, when UBS upgraded Wheaton Precious Metals from Neutral to Buy. Its price target is 160.00, from 158.00. The most recent new target came from Raymond James on 6 November 2026: 180.00.

DateFirmRatingPrice targetChangePrice then
6 Nov 2026
Raymond James
Brian MacArthur
—180.00—136.25
28 Jul 2026
Berenberg Bank
—157.00—112.01

Wheaton Precious Metals EPS and revenue estimates

Analysts expect Wheaton Precious Metals's EPS to grow 18.8% a year until 2028, slower than over the last 5 years (22.6% a year) and the last 3 years (32.3%).

Analysts expect Wheaton Precious Metals's revenue to grow 24.3% a year until 2028. Over the last 5 years it grew 16.1% a year, and over the last 3 years 29.5%.

Revenue

ReportedEstimate

EPS

ReportedEstimate
Fiscal yearEPSEPS growthEPS rangeRevenueRevenue growthRevenue rangeAnalysts
FY2028 (est.) 5.52+11.9%4.84 – 6.49 4.45B+12.4%4.01B – 5.00B4
FY2027 (est.) 4.93+9.2%3.57 – 6.34 3.96B+11.0%3.61B – 4.25B9
FY2026 (est.) 4.52+49.5%4.34 – 4.63 3.57B+54.1%3.25B – 3.58B8
FY2025 3.02+105.4%— 2.31B+80.2%——
FY2024 1.47+25.6%— 1.28B+26.4%——
FY2023 1.17+4.5%— 1.02B-4.6%——
FY2022 1.12—— 1.07B———

Does Wheaton Precious Metals beat earnings estimates?

On average, analysts' EPS estimate was 6.6% off the result, either way, and their revenue estimate 8.5%, over the last 12 quarters.

EPS beats
31 / 87
Revenue beats
35 / 83
Average EPS surprise, last 12
+6.0%
Since
May 2005
QuarterReport dateEPS estimateReported EPSSurpriseRevenue estimateReported revenueSurprise
Q3 FY20265 Nov 20260.910.90-1.1%787.10M771.73M-2.0%
Q2 FY20266 Aug 20261.151.19+3.5%879.29M929.20M+5.7%
Q1 FY20267 May 20261.241.28+3.2%868.35M901.47M+3.8%
Q4 FY202512 Mar 20261.081.22+13.0%778.85M864.71M+11.0%
Q3 FY20256 Nov 20250.590.62+5.8%720.90M476.26M-33.9%
Q2 FY20257 Aug 20250.580.63+8.2%474.86M503.22M+6.0%
Q1 FY20258 May 20250.520.55+6.6%428.22M470.41M+9.9%
Q4 FY202413 Mar 20250.450.44-2.2%382.57M380.52M-0.5%
Q3 FY20248 Nov 20240.340.340.0%378.83M308.25M-18.6%
Q2 FY20247 Aug 20240.310.33+6.5%285.00M299.06M+4.9%
Q1 FY20249 May 20240.300.36+20.0%283.33M296.81M+4.8%
Q4 FY202314 Mar 20240.330.36+9.1%312.26M313.47M+0.4%

Wheaton Precious Metals stock price 2026–2030: scenarios

If Wheaton Precious Metals's earnings grow at the 22.2% a year analysts expect to FY2028, then 15.0% a year, it would earn about 7.30 a share in FY2030. At the P/E it has traded at over the last five years (25.9 to 48.1) that is 188.67 to 350.68 a share, or 251.84 at its average P/E of 34.5. This is arithmetic on the analysts' estimates, not a prediction.

Bull Base Bear
Fiscal yearEPSBearBaseBull
FY2026 4.52116.79155.89217.07
FY2027 4.93127.48170.15236.94
FY2028 5.52142.66190.43265.17
FY2029 (extrapolated)6.34164.06218.99304.94
FY2030 (extrapolated)7.30188.67251.84350.68

Each year's EPS is the analysts' consensus to FY2028; the years after grow 15.0% a year (the analysts' growth, at most 15%). Bear, base and bull apply the lowest, average and highest P/E of today and the last five fiscal year ends, leaving out any above 60, the mark of a year of collapsed earnings (25.9, 34.5, 48.1).

Is Wheaton Precious Metals stock undervalued or overvalued?

Wheaton Precious Metals's P/E of 28.6 is below the middle of its 5-year range (17.4 to 75.3, median 33.6). Analysts expect slower growth than in recent years, so the low P/E may be deserved. Buyers pay about the usual price for each point of growth: a PEG of 1.5 on expected growth against 1.5 on its median P/E and past five years' growth. At its usual P/E (33.6 × EPS of 4.61), Wheaton Precious Metals's fair value is 154.85; the price, 131.82, is ⁦14.9%⁩ below it. Its forward P/E, on the consensus for FY2026, is 29.2.

The price against its fair value
Fair value 154.85Price 131.8280.35347.34

Fair value is the usual (median) P/E of the last five years times the earnings per share of the last twelve months; the ends of the bar are the same earnings at its lowest and highest P/E of those years (17.4 and 75.3). The price against its P/E range

Price to earnings ratio (TTM)
28.59
Five-year median P/E
33.59
Five-year P/E range
17.4 – 75.3
Forward P/E (FY2026)
29.19
PEG ratio
1.29
To the average target
+26.9%
See the full P/E history check Plus

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Common questions about the Wheaton Precious Metals stock forecast