Wheaton Precious Metals Corp. (WPM)
NYSE: WPM · IEX Real-Time Price · USD
60.04
-0.90 (-1.48%)
At close: Jul 19, 2024, 4:00 PM
60.76
+0.72 (1.20%)
Pre-market: Jul 22, 2024, 7:00 AM EDT
Wheaton Precious Metals Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for WPM stock have an average target of 64.81, with a low estimate of 53 and a high estimate of 80. The average target predicts an increase of 7.94% from the current stock price of 60.04.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for WPM stock from 8 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 3 | 3 | 4 | 4 |
| Buy | 3 | 3 | 3 | 4 | 4 | 4 |
| Hold | 3 | 2 | 2 | 1 | 1 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 8 | 9 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy Maintains $62 → $67 | Strong Buy | Maintains | $62 → $67 | +11.59% | Jul 12, 2024 |
| CIBC | CIBC | Buy Maintains $75 → $80 | Buy | Maintains | $75 → $80 | +33.24% | Jul 10, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $60 → $61 | Strong Buy | Maintains | $60 → $61 | +1.60% | Jun 26, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $59 → $67 | Buy | Maintains | $59 → $67 | +10.76% | May 23, 2024 |
| CIBC | CIBC | Buy Maintains $70 → $75 | Buy | Maintains | $70 → $75 | +24.92% | May 22, 2024 |
Financial Forecast
Revenue This Year
1.26B
from 1.02B
Increased by 24.21%
Revenue Next Year
1.49B
from 1.26B
Increased by 17.91%
EPS This Year
1.37
from 1.19
Increased by 15.88%
EPS Next Year
1.61
from 1.37
Increased by 16.96%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.4B | 1.9B | 1.8B | 1.5B | 1.4B |
| Avg | 1.3B | 1.5B | 1.5B | 1.4B | 1.3B |
| Low | 1.1B | 1.2B | 1.3B | 1.2B | 1.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 39.2% | 49.8% | 22.4% | 1.2% | 1.7% |
| Avg | 24.2% | 17.9% | 1.7% | -9.3% | -2.2% |
| Low | 5.3% | -2.8% | -12.2% | -18.5% | -5.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.64 | 2.30 | 1.87 | 1.70 | 1.74 |
| Avg | 1.37 | 1.61 | 1.52 | 1.43 | 1.41 |
| Low | 1.13 | 1.20 | 1.11 | 1.05 | 1.12 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 38.1% | 67.3% | 16.3% | 11.9% | 21.5% |
| Avg | 15.9% | 17.0% | -5.4% | -5.6% | -1.4% |
| Low | -5.0% | -13.0% | -31.1% | -31.0% | -22.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.